About Us

Brownstone Asset Management is an investment firm based in Calgary, Alberta. The firm was established in 2003 and manages investments for high-net-worth individuals, corporations, and family offices across Canada. Brownstone is employee-owned and partners and employees are invested alongside clients, collectively representing about 10% of the firm’s invested capital. 

Brownstone utilizes a fundamental, bottom-up research process to select stocks and combines this with a disciplined risk management framework to construct portfolios. The firm is focused on long-term wealth creation, with a bias towards businesses that have a track record of generating cash and paying dividends. The firm specializes in Canadian and US equities and manages three primary equity mandates; two Canadian-focused mandates and one US-focused mandate, all of which can invest across a range of sectors and market capitalizations, or company sizes. The firm also offers fixed-income solutions for select clients that require exposure to this asset class.

The firm offers these investment solutions through Brownstone’s proprietary pooled funds, as well as through customized portfolio solutions for clients with a minimum of $1 million investment. Ancillary services such as financial planning and estate planning are also available through Brownstone’s partner network.

Our Team

Our team has experience in diverse backgrounds across equity research, portfolio management, wealth management, private equity, and capital markets and investment banking. Our combined experience positions us to adapt to changes in the markets and business environment while maintaining best-in-class client service levels. Our people are our biggest assets, and we are fortunate to have built a talented group of people who share similar values.

Bob Thompson

Bob Thompson, MBA, CIM, ICD.D

Jill Angevine

Jill Angevine, CPA, CA, CFA, ICD.D
President & CEO

Mario Varchon

Mario Vachon, LLP, MBA
Chief Investment Officer

Bill Bonner

Bill Bonner, PFP
Senior Portfolio Manager

Ryan Thomas

Ryan Thomas, CFA
Vice President & Portfolio Manager


Jay Simmons, CPA, CA, ICD.D


Fariba Shakibani
Portfolio Associate

Becoming a Client

We look to partner with clients for the long-term. To ensure the right fit, clients are carefully considered and an in-depth conversation takes place to understand a client’s investment objectives and personal circumstances. Our clients receive regular portfolio updates, access to a Portfolio Manager, and periodic meetings to review the portfolio and investment strategy, while staying up to date on any changes that occur in their life. Through our partner network, clients have access to ancillary services such as financial planning, estate planning, business planning, as well as accounting, legal, and insurance services and solutions. At our clients’ request, we collaborate with their existing financial and business professionals, including accountants and lawyers, to best assist in achieving their goals.

If you are interested in learning more, please email clientservices@brownstoneam.com and we will be in touch.