Clients
Neuberger Berman Canada Ulc serves 3,366 clients, 899 of them high-net-worth individuals. The average client has about $3.7 million with the firm, and high-net-worth clients hold 33% of its $12.4 billion in assets.
- Individuals1,993 clients6%
- High-net-worth individuals899 clients33%
- Investment companies4 clients3%
- Pooled investment vehicles26 clients25%
- Charitable organizations28 clients3%
- OtherInsurance companies, Sovereign wealth funds and foreign official institutions, Corporations and other businesses, Pension and profit-sharing plans, Other30%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,993 | $796,379,909 | 6.4% | $400K |
| High-net-worth individuals | 899 | $4,054,149,991 | 32.7% | $4.51M |
| Investment companies | 4 | $414,627,827 | 3.3% | $103.7M |
| Pooled investment vehicles | 26 | $3,124,694,451 | 25.2% | $120.2M |
| Pension and profit-sharing plans | 14 | $212,669,292 | 1.7% | $15.2M |
| Charitable organizations | 28 | $336,156,245 | 2.7% | $12.0M |
| Insurance companies | 2 | $728,985,017 | 5.9% | $364.5M |
| Sovereign wealth funds and foreign official institutions | 2 | $305,044,493 | 2.5% | $152.5M |
| Corporations and other businesses | 392 | $2,414,676,686 | 19.5% | $6.16M |
| Other | 6 | $5,703,404 | 0.0% | $951K |
| Total | 3,366 | $12,393,087,315 | 100% | $3.68M |
- Clients
- 1,993
- Regulatory AUM
- $796,379,909
- Share
- 6.4%
- Avg. per client
- $400K
- Clients
- 899
- Regulatory AUM
- $4,054,149,991
- Share
- 32.7%
- Avg. per client
- $4.51M
- Clients
- 4
- Regulatory AUM
- $414,627,827
- Share
- 3.3%
- Avg. per client
- $103.7M
- Clients
- 26
- Regulatory AUM
- $3,124,694,451
- Share
- 25.2%
- Avg. per client
- $120.2M
- Clients
- 14
- Regulatory AUM
- $212,669,292
- Share
- 1.7%
- Avg. per client
- $15.2M
- Clients
- 28
- Regulatory AUM
- $336,156,245
- Share
- 2.7%
- Avg. per client
- $12.0M
- Clients
- 2
- Regulatory AUM
- $728,985,017
- Share
- 5.9%
- Avg. per client
- $364.5M
- Clients
- 2
- Regulatory AUM
- $305,044,493
- Share
- 2.5%
- Avg. per client
- $152.5M
- Clients
- 392
- Regulatory AUM
- $2,414,676,686
- Share
- 19.5%
- Avg. per client
- $6.16M
- Clients
- 6
- Regulatory AUM
- $5,703,404
- Share
- 0.0%
- Avg. per client
- $951K
Total
- Clients
- 3,366
- Regulatory AUM
- $12,393,087,315
- Share
- 100%
- Avg. per client
- $3.68M
What it does
Neuberger Berman Canada Ulc provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Neuberger Berman Canada Ulc advises 1 private funds.
100.0% of assets ($12.39B across 3,365 accounts) are managed with discretion. $553.9M sits in a wrap fee program the firm both sponsors and manages. 10% of clients are outside the U.S., and 2 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks97%
- Funds2%
- Registered funds1%
- Pooled vehicles1%
- Cash1%
Custodians
Neuberger Berman Canada Ulc’s client accounts are held mainly at Fidelity, with 30% of managed assets, and The Bank of New York Mellon, with 18%. Neuberger Berman Canada Ulc has custody of client assets.
- The Bank of New York MellonThe Bank of New York Mellon Corporation · New York, NY · $2.27B18%
- FidelityNational Financial Services LLC · Boston, MA · $3.77B30%
- All other custodians$6.35B51%
Ownership and leadership
NB Acquisitionco Ulc owns 75% or more of Neuberger Berman Canada Ulc, and Khashif Khan is its CEO.
- Owns 75% or more of Neuberger Berman Canada Ulc
NB Acquisitionco Ulc
Control person · since November 2017
- Owns 75% or more of NB Acquisitionco Ulc
Neuberger Berman Canada Holdings LLC
Control person · since November 2017
- Owns 75% or more of Neuberger Berman Canada Holdings LLC
Neuberger Berman Group LLC
Control person · since November 2017
- Owns 75% or more of Neuberger Berman Group LLC
NBSH Acquisition, LLC
Control person · since May 2009
Leadership
- Khashif KhanChief Executive Officer
- Michael ChinniChief Financial Officer
- Barry GiarraputoChief Financial Officer - Alternatives
- Henry RosenbergChief Compliance Officer
- Joseph AmatoDirector
- Raymond CarrollDirector
- Kenneth deRegtDirector
- Christian NeiraDirector
- Heather ZuckermanDirector
Staff
- 27 employees
- 13 in advisory functions
- 7 state-registered reps
- 7 broker-dealer reps
- 1 soliciting firm
Fees
Neuberger Berman Canada Ulc is paid through a percentage of assets under management and performance-based fees.
Neuberger Berman Canada Ulc’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Neuberger Berman Canada Ulc has 0 offices, with 1 listed address with no US state reported.
Registration details
- Legal name
- Neuberger Berman Canada Ulc
- Headquarters
- 181 Bay Street, Suite 815, Toronto, Ontario, Canada M5J 2V1
- Phone
- 416-883-6904
- Website
- Not reported
- SEC file
- 801-108509
- Structure
- corporation organized in Canada
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Neuberger Berman Canada Ulc have?
Neuberger Berman Canada Ulc has 3,366 clients and manages $12.4 billion for them, as of April 2026. They include 1,993 other individuals, 899 high-net-worth individuals and 392 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 April 2026
What services does Neuberger Berman Canada Ulc offer?
Neuberger Berman Canada Ulc provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Neuberger Berman Canada Ulc use?
Neuberger Berman Canada Ulc’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $3,771,912,231 and The Bank of New York Mellon Corporation (New York, NY), with $2,272,147,303. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 April 2026
How many financial advisors does Neuberger Berman Canada Ulc have?
Neuberger Berman Canada Ulc has 7 investment adviser representatives registered with state securities authorities, out of 27 employees, and 13 perform investment advisory functions. 7 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Neuberger Berman Canada Ulc invest in?
At the end of its last fiscal year, Neuberger Berman Canada Ulc’s separately managed accounts held 97% exchange-traded equities, 1% registered funds (mutual funds, ETFs, BDCs), 1% pooled vehicles (private funds and similar) and 1% cash and equivalents. It advises 1 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Neuberger Berman Canada Ulc?
Neuberger Berman Canada Ulc is owned through a chain of holding companies by NBSH Acquisition, LLC. Its direct owner is NB Acquisitionco Ulc (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 April 2026
How does Neuberger Berman Canada Ulc get paid?
Neuberger Berman Canada Ulc is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file