BMO DIRECT INVEST INC.
Adviser information for BMO DIRECT INVEST INC. last updated from Form ADV on March 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 | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 5 |
|---|---|
| Investment Advisory/Research | 0 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 154 | $4.7M |
| Non-Discretionary | 0 | $0 |
| Total | 154 | $4.7M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 178 | $4.7M |
| HNW Individuals | 0 | $0 |
| 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 | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUMFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 4.7M |
| Portfolio Manager | 0 |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| BMO SMART PORTFOLIO WRAP PROGRAM | BMO DIRECT INVEST INC. |
Identifiers
| SEC RIA File Number | 801-123005 |
|---|---|
| SEC ERA File Number | 801-123005 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 317064 |
| Legal Entity Identifier | None |
Principal Office
320 S CANAL STREET12
CHICAGO
IL
United States
Monday - Friday, 8:00 AM TO 7:00 PM
Tel: 877-685-9057, Fax: None
Websites
Chief Compliance Officer
JEFF PRUITT
115 S. LASALLE STREET
18W
CHICAGO IL
IL
United States
Tel:
6122582203
J**********@******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 planners |
| BMO BANK NA | Registered municipal advisorBanking or thrift institutionPension consultant |
| BMO DELAWARE TRUST COMPANY | Trust company |
| BMO FAMILY OFFICE, LLC | Other investment adviser, including financial planners |
| BMO FINANCIAL CORP | Banking or thrift institution |
| BMO NESBITT BURNS SECURITIES LTD. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial planners |
| 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 |
|---|---|---|---|---|---|
| Dinneen, James, Loren | Individual | – | PRODUCT MANAGER | 10/2022 | < 5% |
| BANK OF MONTREAL | Foreign Entity | BMO FINANCIAL CORP | SOLE OWNER | 10/2021 | > 75% |
| BMO FINANCIAL CORP | Domestic Entity | – | SOLE SHAREHOLDER | 08/2021 | > 75% |
| Lake, Stephanie, Ann | Individual | – | PRESIDENT | 09/2022 | < 5% |
| Lace, George, Patrick | Individual | – | CHIEF FINANCIAL OFFICER | 03/2022 | < 5% |
| Booth, Carolyn, Andrea | Individual | – | DIRECTOR | 08/2021 | < 5% |
| Pierce, Clare, K | Individual | – | DIRECTOR | 08/2021 | < 5% |
| HARRIS, WALLACE, WILLIAM | Individual | – | DIRECTOR | 08/2021 | < 5% |
| Dilda, Paul | Individual | – | DIRECTOR | 08/2021 | < 5% |
| ALVAR THIRUVENKADATHAN, BINDU | Individual | – | DIRECTOR | 05/2022 | < 5% |
| Hopkins, Charles, Otis | Individual | – | SMART PORTFOLIO MANAGER | 08/2023 | < 5% |
| ANDERSON, LESLIE, JALEH | Individual | – | DIRECTOR | 08/2023 | < 5% |
| PRUITT, JEFFREY, PAUL | Individual | – | CHIEF COMPLIANCE OFFICER | 11/2023 | < 5% |