Headquarters:

623 5th Avenue, Suite 1602, New York, NY 10022

Year founded:

1998

Number of employees:

Phone:

212 292 7803

Email:

marketing@thor.ca

Website:

southstreetadv.com

LinkedIn:

linkedin.com/company/TravelersEurope

“Restructuring inherited and legacy positions is a particular strength of our firm because of our ability to carefully evaluate existing security positions”

Thomas Carhart, South Street Advisors LLC

South Street Advisors LLC

Thomas Carhart

Principal

Stephen B. Owen

Principal

Michael W. Butts

Principal

Leadership

Thomas Carhart has long experience in managing equity and fixed-income portfolios, especially for not-for-profit institutions, wealthy family groups, Japanese insurance companies, and European mutual funds. Earlier in his career, Carhart worked at Brown Brothers Harriman & Co., where he supervised a department from 1986 to 1995, providing US and global investment-management services to overseas investors. Under his direction, assets under management increased from $200 million to $1.2 billion. Prior to earning his MBA, Carhart spent two years at Carlisle Decoppet & Co., where he was a trader on the floor of the New York Stock Exchange.

Principal

Thomas Carhart

Stephen B. Owen has over 30 years of experience managing the investments of private clients and institutions, based both in the US and abroad. Prior to joining South Street Advisors, he served as managing director at Brown Brothers Harriman & Co., overseeing the firm’s non-US investment management activities. Owen supervised the International Department and served as a director of the bank’s Cayman Trust Company. His responsibilities included the management of US equities, and the oversight of alternative investments including private equity and hedge funds. At SSA, his client base includes longstanding international relationships and a diverse domestic base with strongholds in New York and South Florida. Owen earned a bachelor’s degree in economics from Duke University, where he remains directly involved in the establishment and administration of a private endowment for research benefiting children. He also serves as a board member and former Commodore of a Long Island yacht club. Owen is fluent in several languages, including French and Spanish. He is an avid backgammon enthusiast, and has competed in US and European tournaments.

Principal

Stephen B. Owen

Michael W. Butts has over 25 years of experience in managing both equity and fixed-income portfolios for private clients, family foundations, and nonprofits. Prior to joining South Street Advisors LLC, he was a partner and portfolio manager at Tocqueville Asset Management LP, where he managed investments for private clients and served as a trusted advisor for family matters. He began his career as an equity research analyst in the asset management department of First American National Bank, which became Regions Financial following an acquisition. Butts earned a bachelor’s degree in finance from Belmont University and an MBA from the University of Alabama, Tuscaloosa. He is a member of the New York Society of Security Analysts and is involved in charitable work for the American Cancer Society.

Principal

Michael W. Butts

Read on

Award Winner

Leadership

SPECIAL REPORT

Home

Bio

Read on

Award Winner

Leadership

SPECIAL REPORT

Home

Bio

Shane Brown

Partner, Member of the Management Committee

Shane Brown’s practice focuses on domestic and international tax planning for individuals, trusts, corporations and charities, including estate planning, corporate reorganizations, divisive reorganizations, business structuring, property acquisitions, entering and exiting the Canadian tax net, and offshore and cross-border structures. He also advises non-residents, including persons planning to immigrate to Canada, and persons acquiring or selling “taxable Canadian property,” and represents clients who have disputes with the CRA. Brown also lectures on various aspects of taxation law at conferences, meetings, and courses attended by tax advisors and other professionals regarding tax planning matters. He has authored and co-authored papers and articles and has presented at various events including the Canadian Tax Foundation National Tax Conference.

Partner, Member of the Management Committee

Shane Brown

Brandon Wiener

Partner, Member of the Management Committee

Brandon Wiener’s practice focuses on personal, corporate and trust planning for high-net-worth individuals, professionals, executives, owner-managers and their businesses, both domestic and international, including corporate reorganizations; structuring of investments and businesses; purchases and sales of businesses and real estate; estate planning; immigration and emigration; and non-profit organizations and charities including private foundations. Wiener also advises investment funds and their managers and advisors in connection with structuring and other fund-related tax issues. Having a strong background in tax litigation, he assists and represents clients in their dealings with the taxation authorities in the context of an audit or assessment or voluntary disclosure. Wiener worked as a law clerk for the Honourable Mr. Justice Michel Bastarache at the Supreme Court of Canada. He has written and presented on a wide variety of tax topics in various publications and conferences, including the 2011 Annual National Tax Conference (in Montreal) and the 2014 and 2017 Ontario Tax Conference of the Canadian Tax Foundation. He has served on the Executive of the Taxation Law Section of the Ontario Bar Association and has been a member of the Program Committee for both the Annual National Tax Conference as well as the Ontario Tax Conference of the Canadian Tax Foundation.

Partner, Member of the Management Committee

Brandon Wiener

Some firms keep their clients at arm’s length and prefer an impersonal approach. However, that’s not been the path to success for New York-based South Street Advisors LLC. The firm takes pride in developing strong bonds and actively encourages deep relationships with clients, which extends to the advisors even attending vacations, weddings, and other family events. “Our principals have been invited to Mediterranean sailing excursions, joined Caribbean fishing trips, and attended weddings and funerals in Germany and other parts of the world,” says Tom Carhart, founder and managing partner. “For us, Zoom conferences are no substitute for in-person meetings. We make it a point to not only visit out-of-state and international clients at least twice a year, but also to invite them to dinners, sporting events, and theater performances when they come to see us in New York.” This ability to be close to its clients is why the firm has built up such a sparkling track record since forming in 1998. South Street’s model seeks to meet and surpass clients’ investment goals by investing in multiple asset classes, which requires experienced professionals well versed in tax, security, and asset class analysis. The firm’s portfolio managers do not rely on third-party external research to develop tailored investment strategies attuned to the prevailing economic and market environment. In addition, they also bring a global perspective to investment decisions through day-to-day dealings with a large international clientele.

“Our disciplined investment process helps position our clients to reap the benefits of rising securities markets at an appropriate level of risk”

Thomas Carhart, South Street Advisors LLC

Ted Sutcliffe

Partner, Member of the Management Committee

Laura Zubot

Bio to follow

Josh Wozman

Senior Vice President, Communications

Liane Brown

Partner

Ted Sutcliffe is a partner practising out of the firm’s Vancouver office. His practice is focused on corporate and personal tax planning, estate planning, and representation of taxpayers in disputes with the CRA. He was called to the bars of Ontario and British Columbia in 1995 and the bar of Manitoba in 2004. Sutcliffe is a member of the Canadian Tax Foundation and the tax subsection of the BC Bar Association. He has lectured and published on a variety of tax topics.

Partner, Member of the Management Committee

Ted Sutcliffe

Tandra Davis joined NFP in 2021 to lead the company’s procurement function. In this role, she develops strategies and guidelines that drive value, efficiency, and results. Davis excels at creating and executing solutions that increase cost savings and profitability, streamline processes, and mitigate risk with NFP’s key suppliers. Her experience leading transformational initiatives for large organizations and across industries drives her ability to collaborate effectively within NFP and enhance operational success. Davis also has a diverse background that includes global strategic sourcing, category management, real estate portfolio management, complex contract and lease negotiations, and supplier relationship and risk management.

Bio to follow

Laura Zubot

Josh Wozman joined NFP in 2021 as a senior-level communications specialist and leads public relations efforts primarily through promoting and protecting the company’s reputation. In his role at NFP, he establishes comms strategies for the brand and business lines, advises executives, business leaders and key contributors on media relations best practices, and manages agency teams. Wozman’s career trajectory includes tenures with well known-brands, both in-house and agency-side. He serves additional leadership roles at NFP as a member of the Marketing Leadership team, Coordinated Incident Response Team, and DEIB Advisory Board.

Senior Vice President, Communications

Josh Wozman

Liane Brown is committed to representing individuals who have suffered serious personal injuries and to families who have suffered the loss of a loved one. Her practice concentrates on personal injury law, including accident benefits, motor vehicle collisions, medical malpractice, occupiers’ liability, product liability and wrongful death cases.

Partner

Liane Brown

Partner

Liane Brown

Ben Irantalab enjoys the complexities of personal injury litigation. His practice is exclusively devoted to representing clients with brain injuries, spinal cord injuries, and severe orthopedic injuries. For him, the cases that require special creativity and thinking outside the box are the most gratifying.

Partner

Ben Irantalab

On a larger scale, HSH handles class action and mass tort lawsuits representing groups of people injured by dangerous products, medications, medical devices, and negligent organizations. The HSH team is known for providing caring and attentive service to clients, and is proud of the firm’s excellent reputation within the legal and medical communities.

SPECIAL REPORT

Home

Bio

Read on

IB Top Brokerages

Award Winner

“We will continue to strengthen our service proposition and customer experience as a key differentiator, as we build on the momentum we have achieved to date across multiple business lines and territories,” says McLean. “Our im is to continue to grow our market relevance and strengthen our partnerships with our strategic brokers as we expand our leadership position in key sectors. “We will also continue to invest in talent. We are committed to drawing from the broadest pools of talent, and to creating an environment that attracts and retains stellar employees. We recognise the importance of building teams that are diverse, collaborative, and innovative and are dedicated to cultivating a supportive and inclusive workplace culture in which all our employees can thrive.”

Read on

Award Winner

By partnering with FTA, businesses gain a trusted, reliable ally that’s fully committed to both their success and the protection of their clients.

Fast turnaround: FTA quotes more than 65% of new business submissions within 48 hours, helping clients secure coverage quickly. Competitive rates: Whether your client’s risk is large or small, FTA offers premiums starting at just $400, making insurance affordable and accessible. Long-term stability: With a three-year long-term capacity agreement in place with eight highly respected Lloyd’s Syndicates, FTA guarantees long-term security and reliability. Award-winning expertise: As a five-time 5-Star award winner, FTA is recognised as an industry leader in risk solutions. Expert underwriting: FTA’s team of experienced underwriters provides tailored solutions to meet the unique needs of each client. Exceptional service: FTA is known for its commitment to clear communication, quick responses and a relentless focus on exceeding client expectations.

•

Ben Irantalab

Partner

Ben Irantalab

Partner

Ben Irantalab

Partner

Liane Brown

Medals

Construction

Management liability

Professional indemnity

Turnaround time – claims

BDM support

Broker communication, training and development

Overall service level

BDM support

What FTA covers:

Professional indemnity (standalone and combined with general liability for white-collar professionals) Information technology liability Management liability Design and construct liability Public and products liability Associations liability Cyber insurance Excess layers

What FTA covers:

•

Stephen Kerr

Chief Executive Officer, Asia

Nicki Dunn

Chief Client Officer

Nigel Cook

Chief Executive Officer, Singapore Head of Major Complex Loss, Asia

John Law

Chief Executive Officer, China

Alexa Tang

Chief Executive Officer, Hong Kong

Aldrin Wong

Chief Executive Officer and Managing Director, Malaysia

Andri Dirgantara

President Director, Indonesia

Pam Chhabra

Manager – Residential Strata

Adam Basaldella

Manager – Claims

Adam Basaldella

Manager – Claims

Nuts and bolts Along with extensive training in the algorithms used in South Street’s investment process, the firm’s analysts and portfolio managers are taught the fundamentals of business and financial analysis. While most firms are moving toward the use of third-party mutual funds and ETFs in portfolio construction, South Street possesses this research capability, and it also has the ability to identify undervalued investment opportunities that fit its clients’ financial picture. Carhart comments, “For instance, restructuring inherited and legacy positions is a particular strength of our firm because of our ability to carefully evaluate existing security positions.” What has inspired clients to remain with South Street for so long is the firm’s holistic approach that applies the same investment criteria to allocation decisions across multiple asset classes and security selection for equities, bonds, and other publicly traded instruments. The firm’s portfolios only hold individual securities that have been fully vetted and researched by its experienced investment team. Several algorithms are employed to identify purchase candidates in the yield, growth, and technology sectors. Depending on their income and risk profiles, clients often hold a variety of securities, from traditional common stocks and bonds to publicly traded master limited partnerships and gold-bullion-backed ETFs. “While securities are drawn from a universe of over 19,000 companies, we are a concentrated manager that typically holds 25 to 30 issues in our clients’ equity component,” says Carhart. “Candidates for in-depth fundamental business analysis must pass a set of rigorous screening criteria that have tended over time to be reliable indicators of future business and financial success.”

Meticulous onboarding The key building block in South Street’s process is earning the trust of all new clients by ensuring they and their advisors’ visions align. Early discussions focus on return expectations, income requirements, and risk tolerance. Carhart says, “Based on these conversations, we will model projected investment returns, income generation, and capital appreciation for a number of different portfolio mixes over a 10-year time frame. After further discussion, we agree on a set of guidelines that often are summarized in an investment policy statement. These guidelines are not static, but can change along with the client’s evolving financial picture.” Another fundamental of South Street’s approach is a give-and-take relationship between the firm and the client, which reinforces the trust critical to success. “In our view, talk about trust and personal relationships means little if a client doesn’t see market-beating gains in portfolio value over time. Our disciplined investment process helps position our clients to reap the benefits of rising securities markets at an appropriate level of risk,” says Carhart. Due to its longevity, record of success, and satisfied clientele, South Street is a firm comfortable in its own skin. Its team knows who they are and will continue to do so.

Logo here

“At the end of the day, many individual wealth managers tout personal service, custom portfolio management, and responsiveness, but few can match South Street Advisors’ record of wealth creation since its inception 26 years ago.”

Stephen Owen, South Street Advisors LLC