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LETKO, BROSSEAU & ASSOCIATES INC.
CRD 133221File 801-64074
APPROVED
Retail clients
Custody
Filing as of Dec 22, 2025
Feed vintage Oct 1, 2026
Regulatory AUM
$18.83B
Top 10% of cohort (national)
Discretionary AUM
$18.83B
Clients
2,186
2,186 accounts
Employees
75
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- HQ
- Registration date
- Jun 10, 2005
- Principal office
- 1800 MCGILL COLLEGE AVENUE, SUITE 2510, MONTREAL, QUEBEC, H3A 3J6
- Phone
- 1-800-307-8557
- Website
- HTTP://WWW.LBA.CA
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $18.83B
- Discretionary AUM
- $18.83B
- Non-discretionary AUM
- $0
- Discretionary accounts
- 2,186
- Non-discretionary accounts
- 0
- Total accounts
- 2,186
- AUM per client
- $8.6M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 379 | $3.44B |
| Charitable organizations | 90 | $1.80B |
| High net worth individuals | 571 | $2.06B |
| Pooled investment vehicles | 29 | $4.97B |
| Pension and profit sharing plans | 91 | $5.96B |
| Individuals (other than high net worth individuals) | 1,026 | $599.5M |
Compensation & activities
ADV Items 5E, 5GCompensation
- A percentage of assets under your management
Advisory activities
- Financial planning services
- Portfolio management for businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- Yes
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Jan 1, 2026 | Employees | 76 | 75 | decreased by1 |
| Jan 1, 2026 | Clients | 2,143 | 2,186 | increased by43 |
| Jan 1, 2026 | AUM | $17,245,181,811 | $18,830,494,275 | increased by$1,585,312,464 |
| Jan 1, 2026 | Accounts | 2,143 | 2,186 | increased by43 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 63 | 76 | increased by13 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 2,441 | 2,143 | decreased by298 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $17,678,743,133 | $17,245,181,811 | decreased by$433,561,322 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 2,441 | 2,143 | decreased by298 |
| Jan 1, 2022 | Employees | 58 | 63 | increased by5 |
| Jan 1, 2022 | Clients | 2,633 | 2,441 | decreased by192 |
| Jan 1, 2022 | AUM | $17,302,269,897 | $17,678,743,133 | increased by$376,473,236 |
| Jan 1, 2022 | Accounts | 2,633 | 2,441 | decreased by192 |
| May 1, 2021 | Clients | 2,615 | 2,633 | increased by18 |
| May 1, 2021 | AUM | $14,184,860,179 | $17,302,269,897 | increased by$3,117,409,718 |
| May 1, 2021 | Accounts | 2,615 | 2,633 | increased by18 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “LETKO BROSSEAU” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“LETKO BROSSEAU” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.