Cassels Investment Management Inc. (CIM) is an investment counsel/ portfolio manager founded in 2000 by Robert Cassels and Liis Palmer. The company manages both taxable and nontaxable discretionary accounts for high net worth individuals and institutions. Client portfolios are generally invested based on two models: Income and Capital. The Income Model seeks to invest primarily in securities that will emphasize returns through interest and dividend income. The Capital Model seeks to invest primarily in securities that will emphasize returns from capital. CIM is also the investment manager for the Matrix Tax Deferred Income Fund originally launched September 2006.
President & CIO, Cassels Investment Management Inc.
Prior to forming Cassels Investment Management Inc., Mr. Cassels worked for TD Bank for twelve years. During the seven years he spent as the head of equity investments for the bank, Mr. Cassels was the lead manager for several mutual funds and supervised the portfolio managers responsible for the internally managed equity mutual funds.
Prior to that, he was a Managing Director of the Mergers and Acquisitions Group. Before joining the bank, Mr. Cassels held several executive positions with both public and private companies. He was Chairman of the Trinity College Board of Trustees and Chairman of the Investment Committee.
He is a former Director of Zenon Environmental and of Kingsway Financial Services. He is a member of the Brookfield Capital Markets Committee. Mr. Cassels graduated with a Bachelor of Science degree (1975) from the University of Toronto and holds a Master of Business Administration degree from the University of Western Ontario (1977).
Mr. Cassels earned his CFA designation in 1995.
Vice President & Portfolio Manager, Cassels Investment Management Inc.
Prior to forming Cassels Investment Management Inc., Ms. Palmer was Vice President and Director in the Institutional Equity Group at TD Securities Inc. Ms. Palmer’s previous positions include Institutional Equity Sales with ScotiaMcLeod Inc. and Corporate Finance with UBS Warburg and CS First Boston Inc. She is a registered portfolio manager and lawyer. Ms. Palmer received an LL.B from the University of Toronto Law School (1985) and an A.B. cum laude from Barnard College, Columbia University (1982).
28 Roxborough St W
Toronto, Ontario M5R 1T8
Rob Cassels: Cell: 647.202.8897
Liis Palmer: Cell: 416.230.3296