Wealth manager, bank-affiliated · Chicago, IL
BMO Family Office, LLC
SEC-registered investment adviser · CRD 110264 · SEC 801-56868
At a glance
BMO Family Office, LLC is an SEC-registered investment adviser based in Chicago, Illinois, with $10.0B in regulatory assets under management as of its Form ADV filed January 28, 2026. It reports 70 individual clients, 70 of them high-net-worth, holding an average of about $140 million each, and 130 employees. That ranks it 101st among the nation’s 5,657 independent wealth management RIAs and 8th of 226 in Illinois. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Northern Trust.
Main office 650-210-5042bmofamilyoffice.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $10.0B
- Rank among independent wealth managers
- #101 of 5,657
- Rank among all SEC RIAs
- #1,374 of 17,210
- Rank in Illinois
- #8 of 226
- Individual clients
- 70
- High-net-worth clients
- 70
- Accounts
- 5,101
- Discretionary
- 98% of AUM
- Employees
- 130
- Advisory staff
- 75
- Offices
- 7
Owners and executives on its Form ADV
- Michael R. HutchinsonChief Compliance Officer
- Kyle R. CroweDirector
- Michael A. MirandaPresident
- Theodore A. DunnDirector
- Amy L. HaleChair, Board of Directors
- Jesse J. SegretoChief Operating Officer
- Sean RooneyChief Financial Officer
Custody and brokerage
Broker-dealer
Affiliated broker-dealer
It names affiliated broker-dealers: BMO Capital Markets Corp., BMO Nesbitt Burns Inc. and BMO Nesbitt Burns Securities LTD..
- BMO Capital Markets Corp. ↗CRD 16686
- BMO Nesbitt Burns Inc.
- BMO Nesbitt Burns Securities LTD. ↗CRD 44057
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 70 | $9.8B | 98% |
| Pooled investment vehicles | 3 | $168M | 2% |
Private funds
BMO Family Office, LLC reports 26 private funds with $900M in gross assets: hedge funds, private equity funds, venture capital funds, real estate funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
BMO Family Office, LLC answers yes to 2 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗bmofamilyoffice.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 402 peers of its type and size
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- Owners and executives, with titles and stakes
- 7 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Illinois
All of Illinois →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Choreo, LLCRockford | $19B | 6,794 |
| The Mather Group, LLCChicago | $13B | 4,773 |
| Curi Capital, LLCChicago | $12B | 2,865 |
| Altair Advisers, LLCChicago | $9.8B | 895 |
| Forum Financial Management, LPLombard | $8.7B | 5,622 |
| JMG Financial Group LTDDowners Grove | $7.5B | 1,776 |
Compare BMO Family Office, LLC with
- BMO Family Office, LLC vs Fiduciary Counselling Inc $10B · St Paul, MN
- BMO Family Office, LLC vs Choate Investment Advisors $10B · Boston, MA
Background
Questions
How much does BMO Family Office, LLC manage?
BMO Family Office, LLC reports $10.0B in regulatory assets under management across 5,101 accounts, 98% of it on a discretionary basis, on its Form ADV filed January 28, 2026.
How many clients does BMO Family Office, LLC have?
It reports 70 individual clients: 70 high-net-worth individuals and 0 other individuals. Individuals account for about 98% of its regulatory assets.
Where is BMO Family Office, LLC headquartered?
Its main office is in Chicago, Illinois. It reports 7 offices in total and 130 employees, 75 of whom perform investment advisory functions.
How does BMO Family Office, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does BMO Family Office, LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Northern Trust. On Schedule D of its Form ADV filed January 28, 2026, it reports these amounts held: Charles Schwab ($767M); Northern Trust ($452M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is BMO Family Office, LLC a hybrid RIA with a broker-dealer?
It names affiliated broker-dealers: BMO Capital Markets Corp., BMO Nesbitt Burns Inc. and BMO Nesbitt Burns Securities LTD..
Is BMO Family Office, LLC a fiduciary?
As an SEC-registered investment adviser, BMO Family Office, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is BMO Family Office, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-01-28), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →