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Firm History

Five Decades of Success and Counting

In 1967, while Canada was celebrating its 100th birthday, Montrealers Austin Beutel and Ned Goodman – two talented and experienced entrepreneurs – were busy establishing Beutel, Goodman & Company Ltd. From its beginnings as a private, independent investment firm, Beutel Goodman has evolved over the past 50 years to become one of Canada’s largest and most respected independent money managers.

Our successful track record is rooted in our unwavering value investment philosophy that allows us to deliver attractive risk-adjusted returns to our clients, while protecting their capital in volatile markets. We continue to buy high quality companies at compelling valuations and maintain a highly-disciplined buy/sell process.

Through five decades our firm has grown both in size and scope as we continually evolve and adapt to the changing needs of our clients. Today, we offer a carefully crafted selection of investment solutions built upon our strong in-house investment capability and delivered by dedicated professionals focused on servicing the institutional, high net worth private client and financial advisor communities.

We operate with complete independence, with 51% of the firm broadly owned by our employees. Affiliated Managers Group (AMG), a publicly traded U.S. based asset management holding company, indirectly owns the remaining 49% minority interest in our business.

Over time, our clients have benefitted from long-standing employees who, as stakeholders in the firm, are committed to our shared success.