Lorne Steinberg Wealth Management

What Lorne Steinberg Wealth Management does

Lorne Steinberg Wealth Management (LSWM) is a privately held, management-owned Canadian independent investment counsel firm founded in 2009 by Lorne Steinberg. The firm operates from offices in Montreal and Toronto and serves high net worth individuals and families, entrepreneurs, professionals, foundations, family offices, and women with personalized investment management and financial planning services. Its core products are Investment Management and Financial Planning, with the former delivered through four named strategies — Global Value Equity, Canadian Dividend Growth, High Yield Bond, and Investment Grade Bond — alongside separately managed accounts built around customized Investment Policy Statements. Financial Planning is offered at no additional cost and integrates cash flow, tax, estate, and insurance planning.

The firm's investment approach is rooted in fundamental value investing with an explicit margin-of-safety discipline, drawing on the principles of Benjamin Graham. All research and analysis are conducted in-house with no outsourcing of investment decisions, and the firm invests alongside its clients to align interests. Client assets are custodied at major Canadian financial institutions, with quarterly reporting and a structured five-step onboarding process (Discovery, Goal Setting, Portfolio Review, Start Investing, Ongoing Support) managed by dedicated Portfolio Managers.

Revenue is generated through recurring investment management fees on assets under management; pricing is not publicly disclosed and is structured around minimum investment thresholds typical of Canadian investment counsel. The firm is privately held with no external institutional or VC/PE shareholders, no parent company, and no subsidiaries. Customer acquisition is relationship-driven, supported by a bilingual website, quarterly newsletters, and earned media coverage in major Canadian publications.

Name

Lorne Steinberg Wealth Management

Legal name

Lorne Steinberg Wealth Management Inc.

Website

https://steinbergwealth.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Lorne Steinberg Wealth Management is a privately held, management-owned Canadian independent investment counsel firm founded in 2009, serving high net worth individuals, families, entrepreneurs, professionals, foundations, and family offices from Montreal and Toronto through in-house value investing and financial planning.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Discretionary Portfolio Management (DPM) (FSAAABAC)

akta.pro secondary industries

Private Banking & UHNW Wealth Advisory (FSAEABAC), Private Client/High-Net-Worth Advisory (FSAEAAAN)

Keywords

• Wealth management services
• Investment management
• Financial planning
• Portfolio management
• Investment counsel

Headquarters

HQ city

Montreal

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Management Fees: The firm generates revenue through investment management fees charged on assets under management. As a wealth management firm serving high net worth clients with separately managed accounts, revenue is derived from advisory fees.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Lorne Steinberg Wealth Management (LSWM) is an independent Canadian investment counsel firm that delivers discretionary investment management and holistic financial planning to high net worth individuals, families, entrepreneurs, professionals, foundations, and family offices. The firm builds customized portfolios through four in-house strategies — Global Value Equity, Canadian Dividend Growth, High Yield Bond, and Investment Grade Bond — applied within separately managed accounts held at Canadian custodian banks. All research, analysis, and portfolio management decisions are performed in-house using a fundamental value investing methodology rooted in Benjamin Graham's margin of safety principle.

Product overview

Lorne Steinberg Wealth Management (LSWM) is a Canadian independent investment counsel firm offering two core services: Investment Management and Financial Planning. The Investment Management service combines four named investment strategies—Global Value Equity, Canadian Dividend Growth, High Yield Bond, and Investment Grade Bond—along with separately managed accounts for high net worth clients. All investment decisions and research are conducted in-house, with client assets held at major Canadian financial institutions. Financial Planning is provided as a complementary service integrating cash flow, tax, estate, and insurance planning.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Management Tailored investment management service that combines four core strategies — Global Value Equity, Canadian Dividend Growth, High Yield, and Investment Grade — built around each client's risk profile and long-term goals, delivered through dedicated Portfolio Managers.
• Financial Planning Holistic financial planning service integrating cash flow, tax planning, estate planning, and insurance needs, provided at no additional cost to Investment Management clients.
• Global Value Equity Strategy Invests in high-quality global companies trading below fair value, applying a margin of safety approach to maximize long-term capital appreciation.
• Canadian Dividend Growth Strategy Invests in high-quality Canadian companies offering reliable dividend income with the potential for capital appreciation.
• High Yield Bond Strategy

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Fiera Capital: Montreal-headquartered Canadian asset manager with a broad multi-asset platform serving institutional and private wealth clients. Overlaps with LSWM in geography, value/equity strategies, and HNW institutional client base, but is a much larger public competitor.
• Guardian Capital Group: Toronto-based Canadian investment manager with mutual funds, ETFs, and private wealth services. Comparable on the private wealth and fund management axis, but materially larger and more diversified than LSWM.
• CI Private Wealth: Canadian wealth management arm of CI Financial serving HNW households with discretionary portfolios, financial planning, and alternative investments. Comparable in HNW/UHNW value proposition but operates at much greater scale and product breadth.
• Jarislowsky Fraser: Montreal-based Canadian investment manager (now part of BMO) with a long-standing value/quality equity approach serving institutional and private clients. Comparable in investment philosophy and Quebec-based private client segment, but operates as a large incumbent.
• Richardson Wealth / Richardson GMP: Canadian wealth management platform serving HNW individuals, families, and entrepreneurs with discretionary portfolio management and financial planning. Comparable in HNW client focus and advisory offerings, but materially larger and broader than LSWM.

Direct peers

• Nicola Wealth: Vancouver-based Canadian independent wealth management firm offering investment management and financial planning to HNW families, entrepreneurs, and institutions. Comparable in independent structure, multi-strategy offerings, and integrated planning model.
• Beutel, Goodman & Company: Toronto-based Canadian independent value investment manager serving institutional and private clients. Closely comparable to LSWM in value investing philosophy, in-house research model, and Canadian HNW/Institutional client base.
• Burgundy Asset Management: Toronto-based independent Canadian asset manager serving institutional, high net worth, and family office clients with fundamental bottom-up research. Comparable in independent ownership, client mix, and discretionary portfolio management orientation.
• Letko Brosseau Asset Management: Montreal-based independent investment counsel firm managing portfolios for Canadian institutional and private clients with a similar in-house research-driven, value-oriented approach. Highly comparable to LSWM in business model, geography, and HNW/UHNW client focus.
• Mawer Investment Management: Calgary-headquartered Canadian independent asset manager offering pooled funds and separately managed accounts to institutional and private clients. Comparable in independent ownership, fundamental research approach, and multi-strategy platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/wonderproxy
• LinkedInlinkedin.com/company/lorne-steinberg-wealth-management-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lorne Steinberg Wealth Management