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RIA comparison · SEC Form ADV

Fiduciary Counselling Inc vs BMO Family Office, LLC

Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.

The short answer

Fiduciary Counselling Inc and BMO Family Office, LLC are almost exactly the same size, with $10B and $10.0B in regulatory assets (Fiduciary Counselling Inc slightly ahead), by their latest Form ADV filings. Fiduciary Counselling Inc reports more individual clients (1,645 vs 70), while BMO Family Office, LLC’s clients hold more on average (about $140 million each against $5.4 million). Fiduciary Counselling Inc is based in St Paul, Minnesota and BMO Family Office, LLC in Chicago, Illinois.

FigureFiduciary Counselling IncBMO Family Office, LLC
Regulatory AUM$10B$10.0B
National rank#99#101
HeadquartersSt Paul, MinnesotaChicago, Illinois
Individual clients1,64570
High-net-worth clients64370
Average client assets$5.4 million$140 million
Accounts1,7615,101
Discretionary44% of AUM98% of AUM
Employees87130
Advisory staff1875
Clients per advisory employee911
Offices27
Form ADV filed2026-03-172026-01-28

Fiduciary Counselling Inc

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for investment companies
  • Portfolio management for businesses and institutions
  • Selecting other advisers
  • Educational seminars and workshops
  • Other services

How it’s paid

  • A percentage of assets under management
  • Fixed fees

BMO Family Office, LLC

Full profile →

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

Questions

Which is bigger, Fiduciary Counselling Inc or BMO Family Office, LLC?

Fiduciary Counselling Inc, with $10B in regulatory assets under management against $10.0B at BMO Family Office, LLC. Nationally they rank #99 and #101 among 5,657 independent wealth management RIAs.

How many clients do Fiduciary Counselling Inc and BMO Family Office, LLC have?

Fiduciary Counselling Inc reports 1,645 individual clients (643 high-net-worth) with 18 advisory employees; BMO Family Office, LLC reports 70 (70 high-net-worth) with 75 advisory employees.

How do Fiduciary Counselling Inc and BMO Family Office, LLC charge clients?

Only BMO Family Office, LLC lists hourly charges on Form ADV. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Fiduciary Counselling Inc and BMO Family Office, LLC offer?

Fiduciary Counselling Inc lists portfolio management for investment companies; educational seminars and workshops, which BMO Family Office, LLC does not. BMO Family Office, LLC lists portfolio management for pooled investment vehicles; pension consulting, which Fiduciary Counselling Inc does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for businesses and institutions; selecting other advisers; other services.

More comparisons

Where these numbers come from

Every figure is the firm’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). Average client assets divide the assets held for individual and high-net-worth clients by their number. Ranks compare each firm with all US-based independent wealth management RIAs, the same field as The Largest RIAs. Figures can lag recent deals and market moves.

Not an endorsement or a recommendation of either firm. Before hiring an adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search: Fiduciary Counselling Inc ↗, BMO Family Office, LLC ↗. How to check a financial advisor →