1832 Asset Management U.S. Inc.

Registered investment adviser · Toronto, Ontario · CRD #120836

Form ADV data as of 2026-09-01

Regulatory assets

$1.43 billion

Total accounts

462

Employees

251

Disclosure events

Firm details

Website: https://jflglobal.com/en-us/home/
Telephone: 416-840-7986
SEC file number: 801-61257
Most recent Form ADV filing: 2026-08-20
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 6 disclosure questions answered Yes, covering 17 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Charged with a felony (past 10 years)
SEC or CFTC found a false statement or omission
SEC or CFTC found a violation of its regulations or statutes
SEC or CFTC entered an order in connection with investment-related activity
SEC or CFTC imposed a civil money penalty or a cease-and-desist order
Another regulator found a false statement, omission, or dishonest, unfair, or unethical conduct

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$1.43 billion
Non-discretionary regulatory assets under management	$0
Total regulatory assets under management	$1.43 billion
Discretionary accounts	462
Non-discretionary accounts	0
Total accounts	462
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	251
Employees performing investment advisory functions (including research)	113
Employees who are registered representatives of a broker-dealer	41
Employees registered as investment adviser representatives with a state	0
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	50
Firms or persons who solicit advisory clients on the firm's behalf	6

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	Yes
Client funds and securities held in the firm's custody	$25.9 million
Clients for whom the firm has custody	1
A related person has custody of client cash or bank accounts	Yes
A related person has custody of client securities	Yes
Client funds and securities held in a related person's custody	$735.4 million
Clients for whom a related person has custody	233
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	Yes
Number of persons acting as qualified custodians for the firm's clients	11

How the firm is compensated

A percentage of assets under managementPerformance-based fees

Advisory services offered

Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for businesses or institutional clients

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Registered security-based swap dealerCommodity pool operator or commodity trading advisorFutures commission merchantBanking or thrift institutionTrust companyInsurance company or agencySponsor or syndicator of limited partnershipsSponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys or sells for itself securities it also recommends to clients
Recommends securities in which it has another proprietary interest
Executes agency cross transactions involving advisory client securities
Recommends securities for which it serves as underwriter or general partner
Brokers or dealers selected under 8.C.(3) are related persons
Recommends brokers or dealers to clients
Receives soft dollar benefits
Compensates a non-employee for client referrals
Provides employee compensation specifically for obtaining clients
Receives compensation from others for client referrals

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	152	$80.4 million
High net worth individuals	127	$601.5 million
Investment companies	1	$342.4 million
Pooled investment vehicles (other than investment companies and BDCs)	1	$25.9 million
Pension and profit sharing plans (not the participants or government plans)	Not reported	$196.1 million
Corporations or other businesses not listed above	15	$181.2 million