BMO PRIVATE INVESTMENT COUNSEL INC.
Adviser information for BMO PRIVATE INVESTMENT COUNSEL INC. last updated from Form ADV on February 22nd, 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 | 132 |
|---|---|
| Investment Advisory/Research | 125 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 38 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 70,415 | $30.3B |
| Non-Discretionary | 0 | $0 |
| Total | 70,415 | $30.3B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 19,781 | $6.0B |
| HNW Individuals | 5,830 | $11.1B |
| 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 | 37 | $153.5M |
| State or municipal gov entities | <5 | $5.5M |
| Other investment advisers | 0 | $0 |
| Insurance companies | 10 | $44.5M |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 4,685 | $9.6B |
| Other | 1,846 | $3.3B |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 99 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMFixed fees |
| Other Business Activities | Commodity pool operator or commodity trading advisor |
Identifiers
| SEC RIA File Number | 801-74232 |
|---|---|
| SEC ERA File Number | 801-74232 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 160344 |
| Legal Entity Identifier | 549300G5331W09285383 |
Principal Office
100 KING STREET WEST1 FIRST CANADIAN PLACE 41ST FLOOR
TORONTO, ONTARIO
Canada
Monday - Friday, 8:30AM TO 4:30PM
Tel: 416 359-5001, Fax: 416-359-5040
Chief Compliance Officer
NICOLE DALE BORLAND
9TH FLOOR, 100 KING ST WEST
FIRST CANADIAN PLACE
TORONTO, ONTARIO
Canada
Tel:
647-456-4880
N*************@******M
(Full email address available in API data)
Regulatory Contact
ZEESHAN MUKADDAM
SENIOR COMPLIANCE MANAGER
9TH FLOOR, 100 KING ST. WEST
FIRST CANADIAN PLACE
TORONTO
Canada
Tel:
416-361-8377
Z***************@******M
(Full email address available in API data)
Industry Affiliates
| BANK OF MONTREAL | Registered security-based swap dealerMajor security-based swap participantBanking or thrift institution |
| BANK OF MONTREAL MORTGAGE CORPORATION | Banking or thrift institution |
| BMO ASSET MANAGEMENT INC. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| BMO BANK, N.A. | Registered municipal advisorBanking 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 CAPITAL MARKETS LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial planners |
| BMO CASTLE MOUNT PRIVATE EQUITY GP INC | Sponsor, GP, manager of pooled investment vehicles |
| BMO ESTATE INSURANCE ADVISORY SERVICES INC. | Insurance company or agency |
| BMO FAMILY OFFICE, LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| BMO INVESTMENTS INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerSponsor, GP, manager of pooled investment vehicles |
| 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. | Other investment adviser, including financial planners |
| BMO NESBITT BURNS SECURITIES LTD. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| BMO TRUST COMPANY | Trust company |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BANK OF MONTREAL HOLDING INC. | Foreign Entity | BMO NESBITT BURNS INC | OWNER | 11/2012 | > 75% |
| BANK OF MONTREAL | Foreign Entity | BANK OF MONTREAL HOLDINGS INC. | OWNER | 10/1997 | > 75% |
| BMO NESBITT BURNS INC | Foreign Entity | – | OWNER | 11/2012 | > 75% |
| Macdonald, Stephen, Everett Ades | Individual | – | DIRECTOR AND CHIEF EXECUTIVE OFFICER | 09/2021 | < 5% |
| BURIAN, THOMAS, CHARLES STEPHAN | Individual | – | DIRECTOR | 10/2021 | < 5% |
| Borland, Nicole, Dale | Individual | – | CHIEF COMPLIANCE OFFICER | 06/2022 | < 5% |
| FERMAN, BRUCE, AARON | Individual | – | DIRECTOR | 07/2019 | < 5% |
| OUELLETTE, GILLES, GERARD | Individual | – | DIRECTOR | 06/2019 | < 5% |
| NARINE, IAN, KENNETH | Individual | – | CHIEF FINANCIAL OFFICER | 06/2022 | < 5% |
| MEGER, MEGHAN, JANE | Individual | – | DIRECTOR | 06/2022 | < 5% |
| MOHAMMED, JOAN, ZABIDA | Individual | – | DIRECTOR | 03/2023 | < 5% |