Shaunessy Investment Counsel is a boutique firm operated by, established professionals who share a commitment to providing clients the best possible experience in the financial markets.
President and Portfolio Manager
For Terry, Shaunessy Investment Counsel (SIC) is the culmination of a lifetime of experience. After more than 20 years of investing on behalf of institutions and other large clients, Terry created this private company to provide highly specialized and top-tier service tailored to the needs of a select group of clients.
Terry has held executive senior positions with HSBC Asset Management and Gordon Capital. With Gryphon Investment Counsel, he was a managing partner and portfolio manager, and at Merrill Lynch, he was the director of research and a top-ranked bank analyst.
“The business is about matching strategy to a client’s level of risk and having the discipline not to waiver when everyone is either jumping on the latest bandwagon or out of the market in a panic.”
Executive Vice-President and Portfolio Manager
James is a Chartered Financial Analyst® (CFA®) charterholder with extensive experience as a veteran capital markets research director and a private equity manager. Before joining SIC, James headed up equity research for HSBC Securities Canada, leading a team of 25 analysts. He is also the former Managing Director and Head of Institutional Equity Sales for National Bank Financial, and he’s spearheaded several private equity and private merchant banking ventures. At SIC, James leads our Toronto practice and is a portfolio manager working closely with our clients.
“Private equity and investing in capital markets represent two fundamentally different but important ways for investors to make money. I understand both and I know the latter relies on a mixture of patience, strategy and excellent processes.”
Vice President of Client Services
Mark has had a long career in government and investor relations, including senior roles assisting the public sector and private companies with their communication needs. As a senior investor relations manager, Mark developed an appreciation for capital markets, financial marketing and the methods and motivations of individual investors.
At SIC, Mark is responsible for client services, communications and reporting, as well as new business development and overseeing the firm’s regulatory compliance.
“We are a truly focused and specialized company. The benefits of our approach show up in the rates of return and in the level of individual commitment we can bring to each of our clients.”
Vice President of Administration
Before joining SIC, Katharine spent more than 20 years managing office operations, accounting and administration. In addition to overseeing all accounting and administrative matters at SIC, Katharine is responsible for operating the portfolios management system and collaborating with the banks and trust companies that hold our clients’ assets. She’s also a trader acting under the direction of the portfolios managers.
“I am the kind of person who is only ever satisfied when every last cent or any irregularity is accounted for.”
Shaunessy Investment Counsel (SIC) is registered as a Portfolio Manager in compliance with National Instrument 31-103 with Securities Commissions wherever we have clients. We are supervised by securities regulators directly, rather than by a self-regulatory industry organization such as IIROC.
In order to be registered, a firm must meet many requirements with regard to proficiency, education, investment experience, business structure, insurance coverage and working capital reserves. Registrants must also provide the Securities Commissions with audited annual financial statements.
SIC’s registration status has been uninterrupted since 2001.
The company, its founders and employees have not been subject to and are currently not the subject of any court or regulatory action, censure, penalty or complaint with regard to our business activities or role as a Portfolio Manager.
Member of PMAC
SIC is a member of Portfolio Management Association of Canada (PMAC). SIC adheres to PMAC’s mission of advocating the highest standards of unbiased portfolio management in the interest of the investors served by members. Click here for more information about PMAC.
Shaunessy Investment Counsel Inc. claims compliance with the Global Investment Performance Standards (GIPS®). Shaunessy Investment Counsel Inc. has been independently verified for the periods January 1, 2005 to December 31, 2016.
Verification assesses whether (1) the firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis, and (2) the firm’s processes and procedures are designed to calculate and present performance in compliance with the GIPS standards. The SIC Multi Asset Family Composite has been examined for the periods January 1, 2005 to December 31, 2016 and the SIC Multi Asset Institutional Composite has been examined for the periods January 1, 2010 to December 31, 2016. The verification and examination reports are available upon request.
Shaunessy Investment Counsel (SIC) has been providing investment management services to First Nations in the Yukon since 2008. These mandates are an integral and key part of our business.
These First Nations trusts hold funds received as a result of compensation or other agreements, and are invested for the long-term benefit of their citizens. They have investment mandates that fit SIC’s management style and strategy.
As with all our clients, First Nations portfolios are held by custodians (a bank) in seperate accounts. Assets are never held by SIC, which ensures a very high level of security and transparency.
Tailored, Face-to-Face Services
SIC provides First Nations trusts with prudent investment management that meets the specific needs of committees, the leadership of the First Nation and of citizens who may reside in remote communities.
Timely and comprehensive reporting and in-person meetings are of significant importance to First Nations, and for us as well — this is how we establish good working relationships and provide our clients with a high level of confidence in our service.
We are not stock pickers — SIC allocates by asset class. Our investment methodology and approach is highly transparent and understandable to investment committees.
The SIC team is also personally engaged with First Nations communities by supporting educational and cultural activities.
SIC is pleased to provide written proposals and references upon request.