Firm History

Robert F. Richards, CFA, Chairman, has worked in the industry since 1970; Rupel M. Ruparelia, CFA, President, since 1994; and Richard M. Tattersall, CFA, Senior Vice President, since 1986. The firm is wholly owned by its three Principals. Employee ownership fosters a culture of entrepreneurship and a focus on clients needs.

In 1995, after a career as a top-ranked analyst, Mr. Richards established a discretionary investment advisory service through the auspices of a major Canadian investment dealer. He was joined by Mr. Ruparelia in 1996. Heathbridge Capital Management Ltd. (Heahtbridge) is an independent investment management firm with predecessor companies dating back to 1996.  In 1999, the business was spun off to its portfolio managers as an autonomous investment counselor, Heathbridge Capital Management. Mr. Tattersall became a partner in 2001.

Investment Philosophy

We call our investment philosophy “Checkmark Investing™ ”. The firm’s founders distilled this discipline from first-hand observations of the best and worst practices of North American money managers. It is a strong, value-oriented strategy that constructs a diversified portfolio of good companies screened for attractive long-term attributes and financial strength. Securities are usually purchased after price declines, since we consider price an important criterion for maximizing return and reducing risk. Checkmark Investing™ has to date produced outstanding long-term results.

Portfolios are managed on a segregated basis in order to customize the portfolio to each client’s objectives as detailed in his or her Investment Policy Statement.

Reporting & Communication with Clients

Clients are regularly informed of all aspects of their portfolio’s activity, structure and performance. Monthly account statements are sent directly by the custodian. Every three months, clients receive a comprehensive quarterly analysis by the manager with review letters written in common-sense style. Clients meet with the manager at least once per year or more often as required.

Written feedback from a client from Alberta (published with permission):

”When our family signed on with Heathbridge Capital this year, we were promised ”no hidden fees”- something extraordinary after 20 years experience with the brokerage firms of more than one of Canada’s 5 big banks.  Well, you are demonstrating that you are a business we can trust.  Thank you for passing on the cost savings to us in the form of lower transaction fees and reduced management fees.  The Heathbridge reporting system is very impressive: comprehensive, transparent (easy to understand) and professional.  You can see that we are very satisfied in our new relationship with your firm.”

Heathbridge claims compliance with the Global Investment Performance Standards (GIPS). Heathbridge has been independently verified for the periods 2000 to 2017.  The verification report is available upon request. To receive a complete list and descriptions of Heathbridge Capital Management’s composites and /or a GIPS compliant presentation contact any of our portfolio managers. For additional information visit our website at (www.heathbridge.com).