Thornmark is a tactical investment specialist with the experience and investment results investors deserve.

Many investment managers invest strategically, passively maintaining an idle investment strategy, unfortunately subjecting people to scary and painful losses. Tactical investing at Thornmark is designed to deliver what all clients desire – growth when economies expand and protection during contractions. We do this by dynamically adjusting investment risk up or down as economic and market conditions change.

With a track record commencing in 1993, we’ve navigated the three worst market declines since the Great Depression. So yes, we have the experience and results you deserve! As shown here, our Consolidated Performance is 25% better than the Toronto stock market over more than 25-years.*

Investing without a plan is random, leading to uncertainty. Therefore, Thornmark provides complimentary Wealth Management Planning for clients with investments of greater than $3 million. Coordinated wealth planning helps clients capitalize on overlooked opportunities, building brighter financial futures. We’ve helped clients significantly increase their projected lifetime net worth with disciplined planning designed to augment the value of prudent investing.

Our Team

Daniel Bain

Daniel BainCEO & Chief Investment Officer

Areas of Focus:

  • Business Management
  • Portfolio Strategy

Daniel is Thornmark’s founder, an economist by training and an expert on tactical investing. In the early 1990’s, he developed Thornmark’s investment philosophy that captures the value of economic and market analysis through tactical investment management.

After correctly identifying fundamental investment opportunities resulting from the 1998 LTCM default, the 2000 tech bubble, Canada’s 2006 income trust taxation flip-flop, the 2008 Credit Crisis, the March 2009 economic and market recovery, and successfully navigated the 2020 Pandemic Plunge, Daniel is regularly sought out by media looking for economic and financial market insight.

Tom Hawkins

Tom Hawkins, CFA, CMTChief Operating Officer &
Chief Compliance Officer

Areas of Focus:

  • Business Operations
  • Portfolio Trading
  • Compliance

Tom joined Thornmark in 2008 and is responsible for managing Thornmark’s business operations, compliance and trading. Tom has over 20 years of investment management experience at leading financial institutions as an analyst, portfolio administrator, and head trader.

Tom is a CFA® and CMT® charter holder.

Ari Black

Ari Black, CFAPortfolio Manager

Areas of Focus:

  • Portfolio Management
  • Security Analysis

Ari is a member of Thornmark’s portfolio management team, responsible for North American equity security analysis, selection and optimization. Prior to joining Thornmark in 2012, Ari gained valuable experience as an Equity Research Analyst at Scotiabank, working on the $6 billion Dynamic Core Equity group of funds. Before that, Ari distinguished himself as one of the youngest sell-side Research Analysts for Stifel Financial. Covering Special Situation, Ari spent four years working with a top-ranked equity analyst.

Ari holds an HBA degree from the Richard Ivey School of Business at the University of Western Ontario and is a CFA® Charterholder.

Kris Read

Kris Read, CFPWealth Management Planner

Areas of Focus:

  • Wealth Management Planning
  • Client Services

In his role as Wealth Management Planner, Kris brings a passion for building strong relationships and helping each client achieve their desired life goals. He understands that life is complicated and that financial planning can provide peace of mind and confidence through all life stages. As the financial landscape complexity increases, Kris takes the time to simplify, inform, and help clients gain a complete understanding of their financial picture.

Originally from Prince Edward Island, Kris obtained a Bachelor of Business administration (BBA), minor in Economics from the University of PEI. He is a designated CFP®, Certified Financial Planner with FP Canada and is currently a MBA candidate at Dalhousie University and CFA® Level 1 candidate.

Justin Harris

Justin HarrisHead of Business Development

Areas of Focus:

  • Relationship Management
  • Client Communications

As Head of Business Development, Justin is responsible for building sustainable relationships with clients, prospective clients and business partners. Having lived and worked in Miami, Chicago, and Toronto, Justin has extensive international experience and a proven track record building business and client relationships, managing strategic partnerships and enhancing communications programs designed to connect with diverse partners. Justin is responsible for client engagement and satisfaction.

Originally from Alabama, Justin obtained a Bachelor of Business Administration from Lees-McRae College.

Our Clients

Thornmark invests for individuals, family offices, foundations, and institutions in select Canadian provinces. The firm is a nimble asset manager with a history of consistency, attention to personal service, and a long-term commitment to helping clients meet their unique wealth management goals and objectives.

Personalized Service

Every person has unique goals and priorities. Thornmark works with clients to build personalized Wealth Management Plans. Realistic and achievable plans allow clients to sleep soundly with confidence in their financial outlook. Thornmark has relationships with tax, insurance, and legal experts to ensure a holistic approach to wealth planning and management. Consolidated household reporting provides comprehensive information to gauge performance and progress towards your goals.

Protecting Your Investments

Client assets are held by an independent third-party custodian (usually National Bank Independent Network). Thornmark never takes custody of client assets – clients do not write cheques to Thornmark. The Thornmark Investment Funds are audited by Deloitte LLP, a leading global audit company. Independence provided by segregation of client assets and audit accountability by a global leader provide a high level of security for your investments.

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Our Service Providers

Custodian

Auditor

Fund Administrator

Compliance Services and Legal Counsel

Legal Counsel

Portfolio Management Association of Canada

Clear Guidance in Complex Markets

The quarterly Thornmark Perspective provides insightful commentary on the latest economic and market conditions.

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