DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Bmo Private Investment Counsel Inc.
Latest filing Mar 23, 2026
First filing on the tape Feb 15, 2012 · 42 filings
SEC status approved since Mar 19, 2012
RAUM
$40B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
58%
$23B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
130
130 advisory (5.B.1)
Offices
32
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$40B as of Mar 23, 2026
Jan 30, 2013$16B then
HNW client RAUM$17B as of Mar 23, 2026
Jan 29, 2018$8.2B then
State-registered IARs (5.B.3)0 as of Mar 23, 2026
Jan 30, 20130 then
Employees (5.A)130 as of Mar 23, 2026
Jan 30, 201390 then
Private funds: no history
RAUM +12% over the last fiscal year+11% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 23, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.1MderivedHNW RAUM over HNW clients
- Average account
- $543,724derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 1.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived33 offices incl. principal (1.F.5)
- RAUM growth, one year
- +12%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.1%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
- Custody
- $40B, 33,143 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
- a related person acts as qualified custodian (9.D.2)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$17B48%
- Corporations and businesses$12B34%
- Individuals$5.9B16%
- Charitable organizations$229M0.6%
- Insurance companies$111M0.3%
- State and municipal entities$108M0.3%
- Individual clients
- 18,117reported
- HNW clients
- 8,176reported
- Pension plan clients
- 0reported
- Charitable clients
- 39reported
- Accounts
- 73,898reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $40B for 33,143 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.58 fund_share=0.0 institutional_share=0.01 related_bd=true related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Dale Nicole Borland · Chief Compliance Officercontrolsince 06/2022 · owns less than 5%
- Aaron Bruce Ferman · Directorcontrolsince 07/2019 · owns less than 5%
- James Andrew Gilchrist · Directorcontrolsince 10/2025 · owns less than 5%
- Maarten Jansen · Director And Chief Executive Officercontrolsince 09/2024 · owns less than 5%
- Patrick Jamie Loughery · Directorcontrolsince 03/2026 · owns less than 5%
- Zabida Joan Mohammed · Directorcontrolsince 03/2023 · owns less than 5%
- Kenneth Ian Narine · Chief Financial Officer Executive Officercontrolsince 06/2022 · owns less than 5%
- Gerard Gilles Ouellette · Directorcontrolsince 06/2019 · owns less than 5%
Entity owners
- Bmo Nesbitt Burns Inc · Ownerdirect · owns 75% or more
- Bank Of Montreal · Ownerindirect · owns 75% or more of Bank Of Montreal Holdings Inc. · public reporting company
- Bank Of Montreal Holding Inc. · Ownerindirect · owns 75% or more of Bmo Nesbitt Burns Inc
Related persons
Schedule D 7.A
- Bank Of MontrealCPO or CTAy
- Bank Of Montreal Mortgage Corporationn
- Bmo Asset Management Inc.investment adviserbankpooled vehicle sponsorn
- Bmo Bank, N.A.LP sponsorn
- Bmo Capital Markets Corp.broker-dealerinvestment advisernRAUM $1.2B
- Bmo Capital Markets Limitedbroker-dealerinvestment advisern
- Bmo Castle Mount Private Equity Gp Incpooled vehicle sponsorn
- Bmo Estate Insurance Advisory Services Inc.real estaten
- Bmo Family Office, LLCinvestment adviserbankpooled vehicle sponsornRAUM $10.0B
- Bmo Investments Inc.broker-dealerpooled vehicle sponsorn
- Bmo Investorline Inc.broker-dealern
- Bmo Life Assurance Companyreal estaten
- Bmo Life Insurance Companyreal estaten
- Bmo Nesbitt Burns Inc.broker-dealertrust companypooled vehicle sponsorcustodiany
- Bmo Nesbitt Burns Securities Ltd.investment advisernRAUM $1.2B
- Bmo Nesbitt Burns Securities Ltd.broker-dealern
- Bmo Trust Companycustodiann
Advisers that list Bmo Private Investment Counsel Inc. as a related person
Offices
Schedule D 1.F, the 25 largest
- Toronto, Ontario, Canada10 employees
- Montreal, Quebec, Canada8 employees
- Calgary, Alberta, Canada7 employees
- Edmonton, Alberta, Canada5 employees
- Vancouver, British Columbia, Canada5 employees
- Halifax, Nova Scotia, Canada4 employees
- Markham Ontario, Canada4 employees
- Ottawa, Ontario, Canada3 employees
- Toronto, Ontario, Canada3 employees
- Mississauga, Ontario, Canada3 employees
- London, Ontario, Canada3 employees
- Waterloo, Ontario, Canada3 employees
- Victoria, British Columbia, Canada3 employees
- Winnipeg, Manitoba, Canada2 employees
- Burnaby, British Columbia, Canada2 employees
- Hamilton, Ontario, Canada2 employees
- Kelowna, British Columbia, Canada2 employees
- Kingston, Ontario, Canada2 employees
- Laval, Quebec, Canada2 employees
- Moncton, New Brunswick, Canada2 employees
- Oakville, Ontario, Canada2 employees
- Pickering, Ontario, Canada2 employees
- Richmond, British Columbia, Canada2 employees
- Saskatoon, Sakatchewan, Canada2 employees
- Vancouver, British Columbia, Canada2 employees
ADV anomalies
5 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Mar 23, 2026Gilchrist, Andrew, James (DIRECTOR) appeared on Schedule A between the filings of 2024-09-13 and 2026-03-23peers: independent wealth managers, $20B and over (84)
- control person changedChange between filings · filing Mar 23, 2026Loughery, Jamie, Patrick (DIRECTOR) appeared on Schedule A between the filings of 2024-09-13 and 2026-03-23peers: independent wealth managers, $20B and over (84)
- control person changedChange between filings · filing Mar 23, 2026MOHAMMED, JOAN, ZABIDA (DIRECTOR) left Schedule A between the filings of 2024-09-13 and 2026-03-23peers: independent wealth managers, $20B and over (84)
- control person changedChange between filings · filing Mar 23, 2026OUELLETTE, GILLES, GERARD (DIRECTOR) left Schedule A between the filings of 2024-09-13 and 2026-03-23peers: independent wealth managers, $20B and over (84)
- control person changedChange between filings · filing Mar 23, 2026Jansen, Maarten (DIRECTOR AND CHIEF EXECUTIVE OFFICER) left Schedule A between the filings of 2024-09-13 and 2026-03-23peers: independent wealth managers, $20B and over (84)
What changed
consecutive filings, newest first
- Accounts · 71,669 to 73,898Nov 12, 2025 to Jan 28, 2026
- Advisory employees · 120 to 130Nov 12, 2025 to Jan 28, 2026
- Charity clients · 38 to 39Nov 12, 2025 to Jan 28, 2026
- Corporate clients · 4,773 to 4,839Nov 12, 2025 to Jan 28, 2026
- HNW clients · 7,211 to 8,176Nov 12, 2025 to Jan 28, 2026
- Individual clients · 18,532 to 18,117Nov 12, 2025 to Jan 28, 2026
- Assets in custody · $36B to $40BNov 12, 2025 to Jan 28, 2026
- Discretionary RAUM · $36B to $40BNov 12, 2025 to Jan 28, 2026
- HNW RAUM · $15B to $17BNov 12, 2025 to Jan 28, 2026
- Individual RAUM · $5.9B to $5.9BNov 12, 2025 to Jan 28, 2026
- RAUM · $36B to $40BNov 12, 2025 to Jan 28, 2026
- Accounts · 70,415 to 71,669Sep 13, 2024 to Jan 28, 2025
- Advisory employees · 125 to 120Sep 13, 2024 to Jan 28, 2025
- Charity clients · 37 to 38Sep 13, 2024 to Jan 28, 2025
- Corporate clients · 4,685 to 4,773Sep 13, 2024 to Jan 28, 2025
- HNW clients · 5,830 to 7,211Sep 13, 2024 to Jan 28, 2025
- Individual clients · 19,781 to 18,532Sep 13, 2024 to Jan 28, 2025
- Assets in custody · $30B to $36BSep 13, 2024 to Jan 28, 2025
- Employees · 132 to 130Sep 13, 2024 to Jan 28, 2025
- Financial planning clients · 251-500 to 251-500Sep 13, 2024 to Jan 28, 2025
- HQ state · unset to Sep 13, 2024 to Jan 28, 2025
- Discretionary RAUM · $30B to $36BSep 13, 2024 to Jan 28, 2025
- HNW RAUM · $11B to $15BSep 13, 2024 to Jan 28, 2025
- Individual RAUM · $6.0B to $5.9BSep 13, 2024 to Jan 28, 2025
- RAUM · $30B to $36BSep 13, 2024 to Jan 28, 2025
- Accounts · 69,719 to 70,415Oct 30, 2023 to Jan 26, 2024
- Advisory employees · 120 to 125Oct 30, 2023 to Jan 26, 2024
- Charity clients · 38 to 37Oct 30, 2023 to Jan 26, 2024
- Corporate clients · 4,668 to 4,685Oct 30, 2023 to Jan 26, 2024
- HNW clients · 5,990 to 5,830Oct 30, 2023 to Jan 26, 2024
- Individual clients · 19,628 to 19,781Oct 30, 2023 to Jan 26, 2024
- Assets in custody · $29B to $30BOct 30, 2023 to Jan 26, 2024
- Employees · 128 to 132Oct 30, 2023 to Jan 26, 2024
- Financial planning clients · 1-10 to 251-500Oct 30, 2023 to Jan 26, 2024
- Discretionary RAUM · $29B to $30BOct 30, 2023 to Jan 26, 2024
- HNW RAUM · $11B to $11BOct 30, 2023 to Jan 26, 2024
- Individual RAUM · $6.1B to $6.0BOct 30, 2023 to Jan 26, 2024
- RAUM · $29B to $30BOct 30, 2023 to Jan 26, 2024
- Accounts · 64,896 to 69,719Oct 19, 2022 to Jan 26, 2023
- Advisory employees · 111 to 120Oct 19, 2022 to Jan 26, 2023
Signals
26 dated events
- Everett Ades Stephen Macdonald (Director And Chief Executive Officer) no longer on Schedule A of Bmo Private Investment Counsel Inc. (listed 2024-06-14, absent 2024-09-13)Sep 13, 2024 · Control person left · inference
- Jane Meghan Meger (Director) no longer on Schedule A of Bmo Private Investment Counsel Inc. (listed 2024-06-14, absent 2024-09-13)Sep 13, 2024 · Control person left · inference
- Maarten Jansen (Director And Chief Executive Officer) appeared on Schedule A of Bmo Private Investment Counsel Inc.Sep 13, 2024 · Control person joined · fact
- Elizabeth Helen Killoch (Director) no longer on Schedule A of Bmo Private Investment Counsel Inc. (listed 2024-04-03, absent 2024-06-14)Jun 14, 2024 · Control person left · inference
- Charles Stephan Thomas Burian (Director) no longer on Schedule A of Bmo Private Investment Counsel Inc. (listed 2024-02-22, absent 2024-04-03)Apr 3, 2024 · Control person left · inference
- Elizabeth Helen Killoch (Director) appeared on Schedule A of Bmo Private Investment Counsel Inc.Apr 3, 2024 · Control person joined · fact
- David Geoffrey Newton (Director) no longer on Schedule A of Bmo Private Investment Counsel Inc. (listed 2023-09-07, absent 2023-10-30)Oct 30, 2023 · Control person left · inference
- Claude Sylvain Brisebois (Director) no longer on Schedule A of Bmo Private Investment Counsel Inc. (listed 2023-03-11, absent 2023-03-21)Mar 21, 2023 · Control person left · inference
- Theresa Denise Fernandes (Chief Compliance Officer) no longer on Schedule A of Bmo Private Investment Counsel Inc. (listed 2022-02-28, absent 2022-10-14)Oct 14, 2022 · Control person left · inference
- Gilles Ouellette (Director) appeared on Schedule A of Bmo Private Investment Counsel Inc.Oct 14, 2022 · Control person joined · fact
- Dale Nicole Borland (Chief Compliance Officer) appeared on Schedule A of Bmo Private Investment Counsel Inc.Oct 14, 2022 · Control person joined · fact
- Jane Meghan Meger (Director) appeared on Schedule A of Bmo Private Investment Counsel Inc.Oct 14, 2022 · Control person joined · fact
- Aaron Bruce Ferman (Director) appeared on Schedule A of Bmo Private Investment Counsel Inc.Oct 14, 2022 · Control person joined · fact
- Ian Narine (Chief Financial Officer) appeared on Schedule A of Bmo Private Investment Counsel Inc.Oct 14, 2022 · Control person joined · fact
- David Geoffrey Newton (Director) appeared on Schedule A of Bmo Private Investment Counsel Inc.Oct 14, 2022 · Control person joined · fact
- Sylvain Brisebois (Director) appeared on Schedule A of Bmo Private Investment Counsel Inc.Oct 14, 2022 · Control person joined · fact
- Bmo Private Investment Counsel Inc. reported RAUM $34.9B, up 31% from $26.5B (2021-04-14 to 2022-01-27)Jan 27, 2022 · RAUM change · derived
- Lynn Krista White (Chief Financial Officer) no longer on Schedule A of Bmo Private Investment Counsel Inc. (listed 2021-04-14, absent 2022-01-27)Jan 27, 2022 · Control person left · inference
- Lesley Marks (President And Chief Executive Officer) no longer on Schedule A of Bmo Private Investment Counsel Inc. (listed 2021-04-14, absent 2022-01-27)Jan 27, 2022 · Control person left · inference
- Everett Ades Stephen Macdonald (Head, Bmo Private Investment Counsel Inc. And Product Management) appeared on Schedule A of Bmo Private Investment Counsel Inc.Jan 27, 2022 · Control person joined · fact
- Thomas Burian (Cfo Wealth Management And North American Personal And Business Banking) appeared on Schedule A of Bmo Private Investment Counsel Inc.Jan 27, 2022 · Control person joined · fact
- Lesley Marks (President And Chief Executive Officer) appeared on Schedule A of Bmo Private Investment Counsel Inc.Jan 29, 2021 · Control person joined · fact
- Aaron Bruce Ferman (President And Chief Executive Officer) no longer on Schedule A of Bmo Private Investment Counsel Inc. (listed 2020-06-26, absent 2021-01-29)Jan 29, 2021 · Control person left · inference
- Ross Anthony Bennett (President And Chief Executive Officer) no longer on Schedule A of Bmo Private Investment Counsel Inc. (listed 2019-01-25, absent 2019-04-16)Apr 16, 2019 · Control person left · inference
- Theresa Denise Fernandes (Chief Compliance Officer) appeared on Schedule A of Bmo Private Investment Counsel Inc.Apr 16, 2019 · Control person joined · fact
- Aaron Bruce Ferman (President And Chief Executive Officer) appeared on Schedule A of Bmo Private Investment Counsel Inc.Apr 16, 2019 · Control person joined · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/bmo-private-banking/mycompanyreportedpublic record, Form ADV, Sep 17, 2026
- Website
- bmo.com/privatewealthreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 416 359-5001reportedpublic record, Form ADV, Mar 23, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Bank affiliated wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026