BMO NESBITT BURNS SECURITIES LTD.
Adviser information for BMO NESBITT BURNS SECURITIES LTD. last updated from Form ADV on January 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | OCTOBER |
| Legal Location | Canada |
Employees
| Total Number of Employees | 267 |
|---|---|
| Investment Advisory/Research | 181 |
| Registered Broker-Dealer Representatives | 104 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 171 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 914 | $660.9M |
| Non-Discretionary | 0 | $0 |
| Total | 914 | $660.9M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 533 | $100.6M |
| HNW Individuals | 246 | $560.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 33 |
| No. of Financial Planning Clients | 11-25 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUM |
| Other Business Activities | Broker-dealer |
Principal Office
1 FIRST CANADIAN PLACE41ST FLOOR
TORONTO, ONTARIO
Canada
Monday - Friday, 9:00 AM - 5:00 PM
Tel: 416-359-4000, Fax: 416-359-4311
Chief Compliance Officer
STEPHEN MICHAEL GIGLIOTTI
CHIEF COMPLIANCE OFFICER
115 S LASALLE
FLOOR 18 WEST
CHICAGO
IL
United States
Tel:
312-461-3918
S****************@******M
(Full email address available in API data)
Regulatory Contact
DAVE PERSAUD
PRESIDENT
BMO FIRST CANADIAN PLACE
100 KING STREET WEST, FLOOR 37
TORONTO, ON
Canada
Tel:
4163595199
D***********@******M
(Full email address available in API data)
Industry Affiliates
| BANK OF MONTREAL | Banking or thrift institution |
| BMO ASSET MANAGEMENT CORP. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| BMO ASSET MANAGEMENT INC. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| BMO BANK, N.A. | Banking or thrift institutionPension consultant |
| BMO CAPITAL MARKETS CORP. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial planners |
| BMO DELAWARE TRUST COMPANY | Trust company |
| BMO DIRECT INVEST INC. | Other investment adviser, including financial planners |
| BMO ESTATE INSURANCE ADVISORY SERVICES INC. | Insurance company or agency |
| BMO FAMILY OFFICE, LLC | Other investment adviser, including financial planners |
| BMO FINANCIAL CORP | Banking or thrift institution |
| BMO INVESTORLINE INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| BMO LIFE ASSURANCE COMPANY | Insurance company or agency |
| BMO LIFE INSURANCE COMPANY | Insurance company or agency |
| BMO NESBITT BURNS INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerFutures commission merchantSponsor, GP, manager of pooled investment vehicles |
| BMO NESBITT BURNS SECURITIES LTD. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| BMO PRIVATE INVESTMENT COUNSEL INC. | Other investment adviser, including financial planners |
| BMO TRUST COMPANY | Trust company |
| STOKER OSTLER, A PART OF BMO FINANCIAL GROUP | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BMO NESBITT BURNS INC. | Foreign Entity | – | SOLE SHAREHOLDER | 09/1997 | > 75% |
| BROWN, WILLIAM, A L | Individual | – | DIRECTOR | 01/2012 | < 5% |
| FERMAN, BRUCE, AARON | Individual | – | CHAIRMAN OF THE BOARD | 09/2016 | < 5% |
| PERSAUD, DEVANAND, NMN | Individual | – | PRESIDENT | 05/2023 | < 5% |
| PIERCE, CLARE, KATHRYN | Individual | – | DIRECTOR | 09/2017 | < 5% |
| GIGLIOTTI, STEPHEN, MICHAEL | Individual | – | CHIEF COMPLIANCE OFFICER | 07/2020 | < 5% |
| Macdonald, Stephen, Everett Ades | Individual | – | DIRECTOR | 01/2021 | < 5% |
| BANK OF MONTREAL HOLDING INC. | Foreign Entity | BMO NESBITT BURNS INC. | SOLE SHAREHOLDER - VIA ORGANIZATIONAL AMALGAMATION | 01/2022 | > 75% |
| BANK OF MONTREAL | Foreign Entity | BANK OF MONTREAL HOLDING INC. | SOLE SHAREHOLDER | 09/1997 | > 75% |
| NARINE, IAN, KENNETH | Individual | – | CFO | 11/2022 | < 5% |