Broker-dealer firm · Toronto, Ontario, Canada
BMO Nesbitt Burns Securities LTD.
SEC-registered investment adviser · CRD 281337 · SEC 801-107176
At a glance
BMO Nesbitt Burns Securities LTD. is an SEC-registered investment adviser based in Toronto, Ontario, Canada, with $1.2 billion in regulatory assets under management as of its Form ADV filed September 8, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 1,086 individual clients. By Form ADV it is a broker-dealer firm, ranked 160th of 391 broker-dealer firms and 4,860th of 17,210 SEC-registered advisers by assets.
Main office 416-624-5509uswealth.bmo.comAs filed on Form ADV
- Regulatory AUM
- $1.2B
- Rank among broker-dealer firms
- #160 of 391
- Rank among all SEC RIAs
- #4,860 of 17,210
- Individual clients
- 1,086
- High-net-worth clients
- 412
- Accounts
- 1,330
- Discretionary
- 100% of AUM
- Employees
- 303
- Advisory staff
- 216
- Offices
- 50
Owners and executives on its Form ADV
- William A. BrownDirector
- Bruce A. FermanChairman of the Board
- Devanand N. PersaudPresident
- Stephen M. GigliottiChief Compliance Officer
- Ian K. NarineCFO
- Stephanie A. LakeDirector
- Mauro RiganteDirector
Custody and brokerage
Custodian
BMO Nesbitt Burns Securities LTD.’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
BMO Nesbitt Burns Securities LTD. is a hybrid RIA: 144 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: BMO Capital Markets Corp., BMO Investorline Inc., BMO Nesbitt Burns Inc. and BMO Nesbitt Burns Securities LTD..
- BMO Capital Markets Corp. ↗CRD 16686
- BMO Investorline Inc.
- BMO Nesbitt Burns Inc.
- BMO Nesbitt Burns Securities LTD. ↗CRD 44057
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 412 | $1.1B | 92% |
| Individuals | 674 | $97M | 8% |
Disciplinary disclosures
BMO Nesbitt Burns Securities LTD. answers yes to 14 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 businesses and institutions
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗uswealth.bmo.com ↗
AtlasMembers
The full record on BMO Nesbitt Burns Securities LTD.
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, 9 years of filings
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- Growth over one, three and five years
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- Rank against 117 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
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does BMO Nesbitt Burns Securities LTD. manage?
BMO Nesbitt Burns Securities LTD. reports $1.2 billion in regulatory assets under management across 1,330 accounts, 100% of it on a discretionary basis, on its Form ADV filed September 8, 2026.
What kind of firm is BMO Nesbitt Burns Securities LTD.?
BMO Nesbitt Burns Securities LTD. is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser. It reports a bank or thrift among its related persons. A public reporting company controls it.
Who are BMO Nesbitt Burns Securities LTD.’s clients?
By assets, its largest client types are high-net-worth individuals ($1.1 billion, 412 clients); individuals ($97 million, 674 clients).
Does BMO Nesbitt Burns Securities LTD. have any disciplinary history?
BMO Nesbitt Burns Securities LTD. answers yes to 14 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is BMO Nesbitt Burns Securities LTD.’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 (2026-09-08), 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). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. 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 →