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Credentials
Series 63
Experience Industry experience
28 years
Location
Remote
BMO Nesbitt Burns Securities Ltd.
Multi-team
Total advisors
35Clients per advisor
31 Very LowAvg AUM per client
$1,102,748 HighHNW client ratio
38% HighMichael Dorfman is a financial advisor with BMO Nesbitt Burns Securities Ltd., holding the Series 63 designation and bringing 28 years of industry experience. He has been with Nesbitt Burns Securities Ltd. since 1992. BMO Nesbitt Burns Securities Ltd. provides discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts across the U.S. and Canada. The firm manages advisory accounts based on client-specific Investment Policy Statements, utilizing equities, fixed income, mutual funds, and ETFs, and operates as a Canadian subsidiary within the Bank of Montreal group.
$0 - $500,000: 1.50% annually (Balanced and Growth Portfolios) $500,001 - $1,000,000: 1.00% annually (Balanced and Growth Portfolios) $1,000,001 - $4,000,000: 0.60% to 0.55% annually (Balanced and Growth Portfolios) $4,000,001 - $9,999,999: 0.45% annually (Balanced and Growth Portfolios) $10,000,000+: 0.40% annually (Balanced and Growth Portfolios) $0 - $500,000: 1.25% annually (Income Portfolios) $500,001 - $1,000,000: 0.75% annually (Income Portfolios) $1,000,001 - $4,000,000: 0.50% to 0.45% annually (Income Portfolios) $4,000,001 - $9,999,999: 0.35% annually (Income Portfolios) $10,000,000+: 0.30% annually (Income Portfolios)
Account minimum: $50,000 for retirement accounts; $5,000 for non-retirement accounts (minimums may be reduced at firm's discretion) Minimum fee: Minimum annual fee of $5,000 for non-retirement accounts; No minimum for retirement accounts
Texas
28 years of industry experience
Nesbitt Burns Securities Ltd.
1992 - Present • 34 years
Toronto Ontario
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Bank
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Accountant / CPA / tax prep
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Lawyer
They provide legal services, typically billed separately.
Real estate agent
They facilitate real estate transactions and may earn commissions.
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