Wealhouse is a Toronto based global investment firm. We comb the globe for businesses with great long-term growth potential in earnings and free cash flow. We only invest in businesses where we have the opportunity to meet management to discuss some of our checklist questions that we feel are most relevant to our mutual success as potential long-term shareholders. We look for management teams that have the ability to build businesses with loyal customers, employees and shareholders.
Our investment philosophy is based on a fundamental bottom-up approach. We look for companies with proven business models, strong balance sheets, above market profitability and best in class management teams. We look for companies with compelling growth stories, but don’t want to pay for it. We believe our edge stems from our meetings with global management teams, allowing us to obtain key industry and company insights.
Chief Executive Officer & Chief Investment Officer
Scott Morrison is a founding partner, Chief Executive Office & Chief Investment Officer of Wealhouse Capital Management. Scott has over 25 years of experience in the public and private global capital markets. Scott began his investment career as a research analyst at Mackenzie Financial in 1994. Since that time, Scott has worked as a senior portfolio manager for a variety of investment management firms including: Mackenzie Financial, CI Funds, and Investors Group.
From June of 2003 through to February 2011, Scott was the lead manager of the Empire Small Cap Fund generating first quartile performance for the Fund in relation to its peer group over that time period.
In July of 2008, Scott co-founded Wealhouse Capital Management. Wealhouse’s inaugural all-cap fund is called Panorama. This fund takes advantage of his global experience, research and due diligence trips in global equity and debt markets. In 2019, Scott has helped seed and launch a new fund called Voyager to take advantage of the increased inefficiencies in the global small and mid-cap equity markets as a side effect of the secular trend towards passive investing. Scott and his team thoroughly enjoy hunting the world for tomorrow’s up and coming business leaders with significant competitive advantages.
Scott sits on the Finance Committee of the Centre for International Governance Innovation. In that capacity he oversees the investment firms entrusted with managing CIGI’s endowment funds. From 2005 to 2009, Scott was a member of the board of directors for Timbercreek REIT.
Colin McPherson is a Portfolio Manager focusing on Global Equities. Colin received a Bachelor of Commerce degree from Dalhousie University in 2007 and became a CFA Charterholder in 2012.
Prior to joining Wealhouse Capital Management in 2009, Colin worked at Standard & Poor’s focusing on rating Collateralized Debt Obligations.
Justin Anis is a Portfolio Manager leading a North American-focused long-short equity fund. Justin rejoined Wealhouse in August 2016 after starting his career with the firm in September 2008. Prior to rejoining the firm, Justin managed a family office in Oakville, Ontario and prior to that was an Associate Portfolio Manager at SW8 Asset Management in Toronto. Justin became a CFA Charterholder in 2012.
Senior Investment Analyst
Warren Yee is a Senior Investment Analyst focusing on Technology and Industrial sectors. Warren received an Honours Economics and Financial Management degree from Wilfrid Laurier University in 2007.
Prior to joining Wealhouse Capital Management in 2009, Warren worked at State Street as a Compliance Analyst.
Director of Operations and Chief Compliance Officer
Lydia Ching joined Wealhouse Capital Management in 2008 as a founding member of the firm. She holds the position of Director of Operations and Chief Compliance Officer. Lydia began her career in the investment and banking industry in 2000 and is responsible for policy development and implementation, compliance matters and regulatory filings along with the review and monitoring of the firm’s financial and operational systems controls at Wealhouse.
Prior to joining Wealhouse, Lydia was at HSBC Securities and HSBC Bank Canada where she managed personnel teams responsible for delivering a variety of complex financial services to high net worth individuals. Lydia obtained a Bachelor of Science degree from the University of Waterloo and is fluent in English and Cantonese.
Director of Client Services
Alan Moore brings over 25 years’ experience in the financial services industry to his role as Director of Client Services.
Prior to joining Wealhouse Capital Management in 2011, Alan began his career in the Isle of Man where he held positions at Barclays, Fortis and HSBC Bank of Bermuda. Moving to Bermuda, between 2001 and 2008 he held the positions of Manager and General Manager of the fund services subsidiary of a Bermuda-listed bank, and held a seat on the board of directors for both entities. In 2008 Alan was appointed as Director of Operations at Commonwealth Fund Services in Toronto. Alan qualified as a Chartered Secretary with the Institute of Chartered Secretaries and Administrators in 2004.
Senior Fund Accountant
Fei Gao is a Senior Fund Accountant with over 10 years’ experience in accounting, investment fund accounting and financial reporting. Fei received her MSc in Multinational Accounting and Financial Management from Reading University, UK in 2005 and became a CPA, CGA in 2016.
Prior to joining Wealhouse Capital Management in 2018, Fei worked as a supervisor in fund accounting department at CIBC Mellon since 2007. She was responsible for a portfolio of international mutual funds and managed a team of fund accountants. She oversaw calculation of net assets values and prepared financial reports and profit allocation statements in accordance with clients’ strict timelines.
In her role as Administrator, Chloe Leung supports the Director of Operations in the Operations department. Chloe received a Bachelor of Administrative Studies degree with Specialized Honours in Business Research from York University prior to joining Wealhouse in 2010.
Investment Operations Officer
Andy Marchese is the Investment Operations Officer at Wealhouse Capital Management where he is responsible for trade management and internal reporting. Andy started his career at Citco Fund Services as a Transfer Agent and worked as a Trust Accountant at FundEx Investments Inc. before joining Wealhouse in January 2017. Andy received his Bachelor of Commerce degree from Ryerson in 2010. He has also attained the Chartered Investment Manager (CIM) designation and is working towards a Fellowship of CSI (FSCI).