Bank Of Montreal (Chicago)

Name: Bank Of Montreal
Address: 115 S Lasalle Street, Chicago, IL, 60603
Telephone: 877-225-3863

Bank Of Montreal is a large advisory firm based in Chicago. It manages $11.8 billion of regulatory assets for 119,705 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 41 other states.

Bank Of Montreal provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for approximately 7,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bank Of Montreal: assets under management

The assets under management (AUM) of Bank Of Montreal is $11.8 billion. The company doesn't manage any assets belonging to foreign clients.

The firm manages $3.66 billion in discretionary accounts and $8.15 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $215.91 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $79.26 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bank Of Montreal for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Bank Of Montreal

Christopher J Mccomish has been acting as President since 1 Mar 2009. Amanda Jane Demas joined the executive team most recently as the Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Mark Josephson	Vice president of trading	1 May 2006	Other	2239540
Michael Miroballi	Director, president, ceo	1 Nov 2007	Other	1545242
Christopher J Mccomish	Director	1 Mar 2009	Other	xxx-xx-xxxx
Wallace William Harris	Director	1 Jul 2010	Other	5828561
Bmo Financial Corp	Shareholder	1 Dec 2011	75% - 100%	51-0275712
William Joseph Jr Crain	Vice president, chief operating officer	1 Aug 2012	Other	1442590
Bradley David Chapin	Director	1 Oct 2012	Other	6146485
Barry Sean Mcinerney	Director	1 Oct 2012	Other	4379798
Karen Florence Messnick	Vice president operations	1 Oct 2013	Other	2000686
Stephanie Ann Lake	Chief financial officer, fin op	1 Sep 2014	Other	5845009
James Roth Downing	Vice president chief compliance officer	1 Oct 2014	Other	5514806
Darrel Harris Hackett	Chairman	1 Oct 2014	Other	6404383
Viki Afrodete Lazaris	Director	1 Mar 2015	Other	6442634
Jennifer Lynn Barber Uhri	National director of financial advisory services	1 Sep 2015	Other	3052907
Amanda Jane Demas	Secretary	1 Dec 2015	Other	4067157

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Bank Of Montreal	Shareholder	1 Feb 2002	75% - 100%	13-4941092

Based in Chicago

The principal office where Bank Of Montreal performs its advisory services is located at 115 S Lasalle Street, Chicago, IL 60603, which is also the mailing address of the firm. An additional office of the firm is in Madison, WI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 877-225-3863 or by fax 312-461-7211. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at bmoharris.com/financialadvisors.