Newhaven Asset Management
Newhaven Asset Management is a Toronto-based, employee-owned Canadian investment management firm that builds customized dividend-focused separately managed accounts for high net worth individuals and families in Canada and the United States.
- Company typePrivate
- Founded2006
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Newhaven Asset Management does
Newhaven Asset Management Inc. is a Toronto-based, employee-owned Canadian investment management firm founded in 2006 by Stephen T. Moore. The firm provides advisory services exclusively through a separately managed account (SMA) structure, building customized portfolios for high net worth individuals and families across Canada and the United States. Its investment approach is fundamental, centered on identifying high-quality businesses with sustainable and growing dividends, with each portfolio concentrated at 20-30 equities and more than 45% allocated to infrastructure-related holdings (Financials, Utilities, Telecommunications, Consumer Staples, Energy Infrastructure). The firm explicitly emphasizes risk control through security selection rather than asset mix, targeting risk levels comparable to a balanced portfolio but with higher expected returns and lower volatility (dividend-paying equities in the ~10% annual volatility range).
The product set is narrow by design: customized portfolios, ongoing client communication, and cost control. Management fees are capped at 1%, tax-deductible for taxable accounts, and the firm minimizes portfolio turnover to defer capital gains. The six-to-ten-person team comprises five portfolio managers (the founder/executive chairman, the CEO/CCO, and three additional PMs who joined in 2021 and 2023) and an operations manager. Each PM holds the CFA designation and brings 15-40 years of investment industry experience, including prior roles at Burns Fry, TD Securities, Lancaster Financial, a major multinational bank, and other long-tenured Canadian investment managers.
The business model is sales-led and direct: portfolio managers meet each client, construct a personalized portfolio, and maintain ongoing communication. Demand generation relies on earned media thought leadership rather than paid marketing, with regular appearances on BNN Bloomberg, The Globe and Mail, CNBC, Yahoo Finance, Reuters, and CBC. As an independent, owner-operated firm with no disclosed external investors, parent company, or institutional backing, Newhaven's stated differentiators are alignment of interests, personalized service, tax efficiency, and an "exceedingly high" client retention rate.
Newhaven Asset Management firmographics
Firmographics- Name
- Newhaven Asset Management
- Legal name
- Newhaven Asset Management Inc.
- Website
- https://newhavenam.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Newhaven Asset Management is a Toronto-based, employee-owned Canadian investment management firm that builds customized dividend-focused separately managed accounts for high net worth individuals and families in Canada and the United States.
- Ownership category
- akta.pro rank
Newhaven Asset Management industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL)
- akta.pro secondary industry
- Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)
Keywords
Where Newhaven Asset Management is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Newhaven Asset Management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Management Fees: Newhaven charges management fees for advisory services within a separately managed account structure. Management fees are stated to never exceed 1% and are tax deductible for taxable accounts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Separately managed account with maximum 1% annual management fee |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Newhaven Asset Management product offering
Product offeringCore offering
Newhaven Asset Management is a Canadian investment management firm that provides advisory services exclusively through a separately managed account (SMA) structure. Portfolio Managers construct personalized portfolios composed primarily of high-quality, dividend-paying securities for high net worth individuals and families. The firm emphasizes fundamental investment analysis, security selection, tax efficiency, and capped management fees not exceeding 1%.
Product overview
Newhaven Asset Management Inc. is a Canadian investment management firm providing advisory services exclusively through a separately managed account (SMA) structure. The firm's core offering centers on customized portfolio construction, where Portfolio Managers build personalized portfolios for each client based on their unique financial circumstances and goals. These portfolios are primarily composed of high-quality, dividend-paying Canadian securities, constructed as concentrated holdings of 20-30 equities. The firm emphasizes infrastructure investments (over 45% of equity portfolio) in sectors including Financials, Utilities, Telecommunications, Consumer Staples, and Energy Infrastructure. Additional services include ongoing client communication and cost control through minimized transaction fees and capped management rates.
Differentiator
Problem solved
Functional benefit
Products and services
- Customized Portfolios
Quantifiable outcome
- Portfolio returns of 9.8% year-to-date and 31% over past 12 months as of February 28, 2026
- +3 more outcomes
Companies that use Newhaven Asset Management
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
Newhaven Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Newhaven Asset Management partnerships and signals
Strategic signalScale indicators4 records
Recent moves4 records
Expansion highlights3 records
Newhaven Asset Management competitors and assessment
Company assessmentBroad incumbents
- Guardian Capital Group: Toronto-based diversified asset manager offering actively managed equity, fixed income, and balanced strategies to institutional and private wealth clients. Comparable as a Canadian-headquartered, independent-leaning competitor in the HNW/retail channel.
- Fiera Capital: Large independent Canadian asset manager offering diversified equity, fixed income, and alternative strategies across institutional and private wealth channels. Comparable as a Canadian-headquartered competitor serving HNW clients but with significantly broader product breadth and scale.
- CIBC Asset Management: Asset management arm of one of Canada's largest banks, offering broad Canadian and global investment solutions including dividend-equity mandates to HNW and institutional clients. Overlaps with Newhaven on Canadian dividend-equity exposure but at vastly larger scale.
- BMO Global Asset Management: Large bank-owned Canadian asset manager offering dividend, balanced, and multi-asset strategies to retail, HNW, and institutional clients. Comparable on dividend-equity product offering to HNW clients but with significantly broader distribution and scale.
Direct peers
- Steadyhand Investment Funds: Vancouver-based independent Canadian investment firm focused on long-term, conservative portfolio management for individual investors, with a similar philosophy around low-cost, transparent, fundamental investing.
- J. Zechner Associates: Toronto-based independent investment counsel firm providing personalized portfolio management to HNW individuals and families. Directly comparable to Newhaven as a small, independent Toronto-based wealth manager focused on individualized SMA-style portfolios.
- Letko, Brosseau & Associates: Montreal-based independent Canadian investment manager focused on global and Canadian equities for institutional and private clients. Comparable as an employee-owned fundamental boutique serving HNW/institutional capital with a long-term orientation.
- Galibier Capital Management: Canadian boutique specializing in dividend-growth equity investing for individual and institutional clients — directly comparable strategy focus to Newhaven's dividend-grower SMA approach.
- Mawer Investment Management: Calgary-based independent, employee-owned Canadian boutique investment manager offering multi-asset and equity strategies to institutional and HNW clients with a similarly fundamental, long-term orientation. Most directly comparable Canadian boutique by ownership model, philosophy, and target client mix.
- Burgundy Asset Management: Toronto-based independent boutique providing fundamental equity and balanced portfolio management to HNW, family office, and institutional clients. Closely comparable to Newhaven in Canadian boutique structure, fundamental approach, and HNW client focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Newhaven Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Newhaven Asset Management leadership team
Management profileNumber of profiles
Profiles6 records
Newhaven Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Newhaven Asset Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Newhaven Asset Management
What does Newhaven Asset Management do?
Newhaven Asset Management is a Canadian investment management firm that provides advisory services exclusively through a separately managed account (SMA) structure. Portfolio Managers construct personalized portfolios composed primarily of high-quality, dividend-paying securities for high net worth individuals and families. The firm emphasizes fundamental investment analysis, security selection, tax efficiency, and capped management fees not exceeding 1%.
Is Newhaven Asset Management a public or private company?
Newhaven Asset Management is a private company. It is classified as management employee owned and is currently operating.
When was Newhaven Asset Management founded?
Newhaven Asset Management was founded in 2006. It employs 1 to 10 people.
Where is Newhaven Asset Management based?
Newhaven Asset Management is headquartered in Toronto, Canada, in the North America region.
How does Newhaven Asset Management make money?
One revenue line is on record: management Fees.
Who are Newhaven Asset Management's main competitors?
Broad incumbents on record are Guardian Capital Group, Fiera Capital, CIBC Asset Management and BMO Global Asset Management. Direct peers are Steadyhand Investment Funds, J. Zechner Associates, Letko, Brosseau & Associates, Galibier Capital Management, Mawer Investment Management and Burgundy Asset Management.
Does Newhaven Asset Management have an API?
No public API is recorded for Newhaven Asset Management.
What industry is Newhaven Asset Management in?
Newhaven Asset Management's product category is Wealth Management. Its primary akta.pro industry code is FSAAAGAL, Institutional Separate Accounts & SMAs (Mandates), with a secondary code of FSAAABAD, Advisory Portfolio Management (Non-Discretionary). Its NAICS code is 523940 and its SIC code is 6282.