Burgundy Asset Management Ltd.

Overview

Burgundy Asset Management Ltd. is a Canadian investment management firm specializing in equity and fixed-income strategies for institutional clients. Founded in 1990, the firm has grown to manage approximately $27 billion in assets as of May 31, 2025. Burgundy offers discretionary investment management services to private clients, foundations, endowments, pensions, and family offices, focusing on protecting and compounding clients' capital over the long term. The firm's investment approach is characterized by a disciplined quality/value strategy, emphasizing intensive research into individual companies and their management. This process supports investment decisions aimed at achieving strong long-term absolute returns without taking excessive risks. Burgundy's team of portfolio managers and research analysts possess a long-term orientation and a contrarian bias, ensuring that investment decisions are made with a focus on client interests. In June 2025, BMO Financial Group announced its intention to acquire Burgundy Asset Management Ltd. for approximately $625 million, with the transaction expected to close by the end of 2025. Upon completion, Burgundy will operate as part of BMO Wealth Management, with Burgundy's Chief Executive Officer, Robert Sankey, continuing to lead the business. Co-founders Tony Arrell and Richard Rooney will also remain with the company. This acquisition aims to expand BMO's wealth management and financial planning capabilities focused on high-net-worth and ultra-high-net-worth individuals, families, and institutions. Burgundy's offices are located in Toronto, Montreal, and Vancouver, serving a diverse client base across Canada and the United States. The firm's commitment to client-first principles and its rigorous investment process have established it as a respected entity in the Canadian investment management industry.

Investment Focus

• Accredited investors only
• Long-term investment horizon

Portfolio Companies