BMO Nesbitt Burns Securities Ltd.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
BMO Nesbitt Burns Securities Ltd. provides discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts. The firm works with both U.S. and Canadian investors, including Canadian residents holding U.S. retirement accounts, and reports a notable portion of its client base outside the United States.
Advisory accounts are managed according to a client-specific Investment Policy Statement and typically include allocations to equities, fixed income, mutual funds, and ETFs, with Investment Adviser Representatives relying on affiliate and third‑party research. Financial planning is provided at no additional fee as part of advisory relationships, with ongoing plan updates available only upon client request, and custody and trade execution are handled through an unaffiliated clearing firm.
Organized as a Canadian subsidiary within the Bank of Montreal group, the firm is both an SEC‑registered investment adviser and a FINRA‑member broker‑dealer, and maintains affiliations across banking, trust, pension consulting, swap, futures, and commodity activities that distinguish it from many peers. Many advisers are employees of the broader BMO organization and may provide advisory, brokerage, and insurance services, and the firm has recently changed its clearing‑firm arrangements to credit certain uninvested cash interest directly to clients.
Client services
Expertise
Fee options
$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
Main office
320 S. Canal St.
Chicago IL 60606
Advisors at this office
1
Most active in
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Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Is not active or affiliated with:
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
Advisors at this firm
Geoffrey M
Remote
BMO Nesbitt Burns Securities Ltd.
Geoffrey Marshall is an advisor with BMO Nesbitt Burns Securities Ltd., holding 28 years of industry experience. He has been with BMO Nesbitt Burns Inc. since 1998 and BMO Nesbitt Burns Securities Ltd. since 2019. BMO Nesbitt Burns Securities Ltd. provides discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts. The firm serves both U.S. and Canadian investors, including Canadian residents with U.S. retirement accounts, and manages accounts based on client-specific Investment Policy Statements with allocations to equities, fixed income, mutual funds, and ETFs.
Nathan J
Series 63
Remote
BMO Nesbitt Burns Securities Ltd.
Nathan Johnson is a financial advisor with BMO Nesbitt Burns Securities Ltd., holding a Series 63 designation and two years of industry experience. He has worked at BMO Nesbitt Burns Securities Ltd. since 2025 and previously at BMO Nesbitt Burns Inc., Northfront Financial Inc., and Raymond James in both the U.S. and Canada. 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 accounts according to client-specific Investment Policy Statements, utilizing a mix of equities, fixed income, mutual funds, and ETFs, and offers financial planning as part of its advisory services.
Cameron M
Remote
BMO Nesbitt Burns Securities Ltd.
Cameron Murphy is a financial advisor with BMO Nesbitt Burns Securities Ltd. He holds 17 years of industry experience, having worked with BMO Nesbitt Burns Inc. since 2009 and joining BMO Nesbitt Burns Securities Ltd. in 2024. BMO Nesbitt Burns Securities Ltd. offers discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts in both the U.S. and Canada, with a significant portion of its clients residing outside the United States. The firm manages accounts based on client-specific Investment Policy Statements, utilizing a range of securities and research from affiliates and third parties.
Kyle K
Series 63
Remote
BMO Nesbitt Burns Securities Ltd.
Kyle Kootstra is a financial advisor at BMO Nesbitt Burns Securities Ltd. with 13 years of industry experience. He holds the Series 63 designation and has been with BMO Nesbitt Burns since 2010. BMO Nesbitt Burns Securities Ltd. provides discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts, serving both U.S. and Canadian investors. The firm manages accounts based on client-specific Investment Policy Statements and offers financial planning as part of its advisory relationships.
Hudson M
Remote
BMO Nesbitt Burns Securities Ltd.
Hudson Ma is a financial advisor with BMO Nesbitt Burns Securities Ltd., holding seven years at the firm and over 21 years with its affiliate, BMO Nesbitt Burns Inc. He has no prior industry experience outside of these roles. BMO Nesbitt Burns Securities Ltd. offers discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts in both the U.S. and Canada. The firm manages portfolios according to client-specific investment policies and incorporates a range of asset classes, with research support from affiliate and third-party sources.
Joseph F
Series 63
Remote
BMO Nesbitt Burns Securities Ltd.
Joseph Fanaki is a Series 63-licensed financial advisor with BMO Nesbitt Burns Securities Ltd., where he has worked since 1998, totaling 28 years at the firm and 20 years of industry experience overall. BMO Nesbitt Burns Securities Ltd. offers discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts. The firm serves both U.S. and Canadian investors, including Canadian residents with U.S. retirement accounts, and manages accounts with client-specific investment policies utilizing equities, fixed income, mutual funds, and ETFs.
Stephane B
Remote
BMO Nesbitt Burns Securities Ltd.
Stephane Barbeau is a financial advisor with BMO Nesbitt Burns Securities Ltd., holding 26 years of industry experience. He has been with BMO Nesbitt Burns Inc. since 2000 and with BMO Nesbitt Burns Securities Ltd. since 2022. BMO Nesbitt Burns Securities Ltd. provides discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts. The firm serves both U.S. and Canadian investors, including Canadian residents with U.S. retirement accounts, and manages accounts according to client-specific Investment Policy Statements using a mix of equities, fixed income, mutual funds, and ETFs.
Matthew S
Series 63
Remote
BMO Nesbitt Burns Securities Ltd.
Matthew Sitka is a financial advisor with BMO Nesbitt Burns Securities Ltd., holding a Series 63 designation and 8 years of industry experience. He has been with BMO Nesbitt Burns in various capacities since 2001. Outside of his advisory role, he serves as the director and sole owner of Serpah Holdings, a personal investment holding company. BMO Nesbitt Burns Securities Ltd. provides discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts. The firm serves both U.S. and Canadian investors, managing accounts according to client-specific Investment Policy Statements and utilizing a range of investment vehicles and third-party research.
Elizabeth P
Series 63
Remote
BMO Nesbitt Burns Securities Ltd.
Elizabeth Petticrew is a financial advisor with BMO Nesbitt Burns Securities Ltd., holding a Series 63 designation and 27 years of industry experience. She has been with Nesbitt Burns Securities Ltd. since 1989. 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 accounts based on client-specific Investment Policy Statements, utilizing equities, fixed income, mutual funds, and ETFs, supported by affiliate and third-party research.
Cheryl S
Series 63
Remote
BMO Nesbitt Burns Securities Ltd.
Cheryl Smith is a financial advisor with BMO Nesbitt Burns Securities Ltd., holding a Series 63 designation and 15 years of industry experience. She has been with BMO Nesbitt Burns since 2008. BMO Nesbitt Burns Securities Ltd. offers discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts across both the U.S. and Canada. The firm manages accounts based on client-specific Investment Policy Statements, utilizing a range of equity, fixed income, mutual fund, and ETF allocations.
Michael D
Series 63
Remote
BMO Nesbitt Burns Securities Ltd.
Michael 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.
Darren G
Series 63
Remote
BMO Nesbitt Burns Securities Ltd.
Darren Goldberg is a Series 63-licensed financial advisor with BMO Nesbitt Burns Securities Ltd., where he has worked for 12 years and has a total of 23 years of industry experience. BMO Nesbitt Burns Securities Ltd. provides discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts. The firm serves both U.S. and Canadian investors, including Canadian residents with U.S. retirement accounts, and manages client portfolios based on customized Investment Policy Statements using a range of asset classes and third-party research.
Philip H
Remote
BMO Nesbitt Burns Securities Ltd.
Philip Harland is a financial advisor with BMO Nesbitt Burns Securities Ltd., holding 4 years of experience at this firm and 15 years within the BMO Nesbitt Burns organization. His background is exclusively with these related entities. BMO Nesbitt Burns Securities Ltd. serves individuals, trusts, entities, and retirement accounts in both the U.S. and Canada, including Canadian residents with U.S. retirement accounts. The firm provides discretionary investment advisory, brokerage, and financial planning services with client-specific investment strategies, utilizing a range of asset classes and third-party research.
Christian R
Series 63
Remote
BMO Nesbitt Burns Securities Ltd.
Christian Roux is a financial advisor at BMO Nesbitt Burns Securities Ltd. with 25 years of industry experience. He has been with Nesbitt Burns Securities Ltd. since 1988. He holds the Series 63 designation. BMO Nesbitt Burns Securities Ltd. offers discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts, serving both U.S. and Canadian investors. The firm manages advisory accounts based on client-specific Investment Policy Statements, typically including equities, fixed income, mutual funds, and ETFs, and operates as a Canadian subsidiary within the Bank of Montreal group.
Donald T
Remote
BMO Nesbitt Burns Securities Ltd.
Donald Taylor is a financial advisor at BMO Nesbitt Burns Securities Ltd. with five years of experience at the firm and a total of 15 years within the BMO Nesbitt Burns organization. He has worked exclusively with BMO Nesbitt Burns throughout his career. BMO Nesbitt Burns Securities Ltd. offers discretionary investment advisory, brokerage, and financial planning services to individuals, trusts, entities, and retirement accounts. The firm serves both U.S. and Canadian investors and manages portfolios based on client-specific Investment Policy Statements using a range of asset classes and third-party research.
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