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THE RAELIPSKIE PARTNERSHIP
Legal name: RAE & LIPSKIE INVESTMENT COUNSEL INC.
CRD 327652File 801-128947
APPROVED
Retail clients
Disclosure events
Filing as of Sep 8, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$1.07B
Above cohort median (national)
Discretionary AUM
$1.07B
Clients
1,008
2,564 accounts
Employees
25
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- HQ
- Registration date
- Oct 19, 2023
- Principal office
- 20 ERB STREET WEST, SUITE 201, WATERLOO, N2L 1T2
- Phone
- 519 578 6849
- Website
- https://www.raelipskie.com
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $1.07B
- Discretionary AUM
- $1.07B
- Non-discretionary AUM
- $0
- Discretionary accounts
- 2,564
- Non-discretionary accounts
- 0
- Total accounts
- 2,564
- AUM per client
- $1.1M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Charitable organizations | 30 | $107.8M |
| High net worth individuals | 467 | $778.0M |
| Pension and profit sharing plans | 7 | $81.5M |
| Individuals (other than high net worth individuals) | 504 | $98.9M |
Compensation & activities
ADV Items 5E, 5GCompensation
- A percentage of assets under your management
Advisory activities
- Selection of other advisers
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11- Q11H2
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Disclosures | No | Yes | |
| Apr 1, 2026 | Clients | 1,061 | 1,008 | decreased by53 |
| Apr 1, 2026 | AUM | $938,122,186 | $1,066,219,716 | increased by$128,097,530 |
| Apr 1, 2026 | Accounts | 2,992 | 2,564 | decreased by428 |
| May 1, 2025 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “RAELIPSKIE PARTNERSHIP” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“RAELIPSKIE PARTNERSHIP” 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.