Business Details
Trusted Investment Advisers in Montreal | Lorne Steinberg Wealth Management
Lorne Steinberg Wealth Management exists to serve its clients through delivering strong long-term returns, managing risk, and protecting capital. Our disciplined approach focuses on growing capital within a lower-risk framework while providing exceptional client service. As a management-owned firm, we operate independently without external influence, ensuring our interests align with those of our clients. We specialize in discretionary management services for private clients and institutional investors, adhering to a value-based investment philosophy. Our strategy involves purchasing quality businesses that meet strict financial criteria and trade below their intrinsic value.We maintain membership in the Portfolio Management Association of Canada, reinforcing our commitment to industry standards. Our research-driven methodology ensures thorough understanding of every investment, prioritizing capital preservation through diversification and rigorous analysis. Regular communication with clients includes quarterly portfolio valuations and market outlook updates, supported by custodial services through National Bank Independent Network, a member of the Canadian Investor Protection Fund.
Services
Investment Grade Bond Strategy
Global Value Equity
Canadian Dividend Growth
High Yield Bonds
Discretionary Portfolio Management
Highlights and features
- We implement a value-based investment philosophy focused on undervalued quality businesses
- Our management-owned structure ensures complete alignment with client interests
- Employees hold identical investments as clients, guaranteeing shared success
- We maintain strict diversification guidelines to manage portfolio risk effectively
- Quarterly reporting includes comprehensive portfolio valuations and market analysis
Associations and certifications
- Portfolio Management Association of Canada
- Canadian Investor Protection Fund
Services
Investment Grade Bond Strategy
This strategy provides income with lower risk through high-quality Canadian corporate, provincial, and government bonds. Focused on shorter durations and tax efficiency in registered accounts, it offers stability through bond laddering or ETFs. The approach emphasizes diversification across issuers while maintaining liquidity through careful maturity management.
Global Value Equity
Seeking long-term capital appreciation by investing in undervalued public companies worldwide. Our research-driven approach identifies businesses trading below intrinsic value with strong fundamentals. The strategy maintains diversification across sectors while focusing on quality companies with sustainable competitive advantages and proven management teams.
Canadian Dividend Growth
Targets dependable income with capital appreciation through high-quality Canadian dividend-paying companies. Focuses on firms with consistent dividend histories and growth potential, particularly advantageous in taxable accounts due to Canadian dividend tax credits. Maintains sector diversification while emphasizing financial stability and competitive positioning.
High Yield Bonds
Maximizes total return through higher-yielding corporate bonds while maintaining conservative value principles. Focuses on credit analysis to identify undervalued opportunities in non-investment grade debt. Implements strict risk controls through diversification and active monitoring of issuer fundamentals and market conditions.
Discretionary Portfolio Management
Offers customized investment solutions for individuals, corporations, and institutions through segregated accounts or pooled funds. Combines multiple strategies to create tailored portfolios aligned with client objectives, risk tolerance, and liquidity needs. Includes ongoing portfolio monitoring and regular performance reporting.
People
Lorne Steinberg
Co-President & Portfolio Manager
Founded LSWM with 30+ years experience in investment management. Former President of AGF's investment counsel business and CFA charterholder since 1996. Holds MBA from Wharton and BA from McGill University.
Liam Card
Co-President & Portfolio Manager
Co-President with 15+ years in wealth management. Joined LSWM in 2014 after roles at Richardson Partners Financial and CIBC Wood Gundy. Holds Bachelor of Arts from University of North Carolina and CIM designation.
Geoffrey Smith
Chief Compliance Officer
30+ years investment industry experience including roles at Magna Vista and RBC Capital Markets. CFA charterholder since 1993 with expertise in fixed income and global equities. Holds BBA from University of New Brunswick.
Daniel Thompson
Vice President
30-year industry veteran with leadership roles at major Canadian investment firms. Holds MBA from McGill University and dual CFA/CFP designations. Expertise spans portfolio management, financial planning, and institutional advisory services.
Konstantin Kizunov
Fixed Income VP
25 years experience in fixed income management, including senior roles at Manulife Asset Management. Holds MBA from Simon Fraser University and CFA designation since 2001. Specializes in high yield securities.
Questions
What investment strategies do you offer?
We offer five core strategies: Investment Grade Bonds, Global Value Equity, Canadian Dividend Growth, High Yield Bonds, and Discretionary Portfolio Management tailored to client needs.
What is your investment philosophy?
We follow a value-based approach focusing on capital preservation, buying quality businesses below intrinsic value through rigorous fundamental analysis and maintaining strict diversification.
How are client assets protected?
Client assets are held with National Bank Independent Network, member of Canadian Investor Protection Fund, ensuring segregated accounts and independent custody arrangements.
What experience does your team have?
Our leadership team has over 150 combined years of experience with advanced credentials including CFA, CIM, and CFP designations across various investment disciplines.
How often do you communicate with clients?
We provide quarterly portfolio valuations, market outlook letters, and monthly statements through National Bank Independent Network with online access available.
Do you work with both individual and institutional clients?
Yes, we serve private clients, corporations, non-profits, and institutional investors through customized solutions in both segregated accounts and pooled funds.
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