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TOBAM

PARIS, France · CRD 157107 · IAPD ↗ · 33 1 53 23 41 51

$1.09BRegulatory AUM
8Advisory reps
21Employees
4Clients
n/aPlanning clients
2Private funds
0States
0Disclosures
foreignSegment
ApprovedSEC status

Filing changes

25
April 2026 — TOBAM shrank from 12 to 8 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation
20
March 2025 — TOBAM reported RAUM down 65% ($3.52B -> $1.24B).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
25
March 2025 — TOBAM shrank from 17 to 12 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation
20
April 2024 — TOBAM reported RAUM down 26% ($4.76B -> $3.52B).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.