BMO Nesbitt Burns

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BMO Nesbitt Burns
Type Subsidiary
Industry Financial Services, Private Wealth Management, Investment Management
Predecessors Nesbitt, Thomson & Co., Burns Fry
Founded 1987 (acquisition of Nesbitt Thomson)
Headquarters Toronto, Ontario, Canada
Parent Bank of Montreal

As part of BMO Financial Group, BMO Nesbitt Burns is a full-service investment firm with approximately 1,300 Investment Advisors at 70 branches across Canada. The origins of BMO Nesbitt Burns’ predecessor firms date back to 1912. In 1987, BMO Bank of Montreal acquired Nesbitt Thomson, then one of Canada’s oldest investment houses. In 1994, BMO Bank of Montreal also acquired Burns Fry, a dealer of Canadian equities and debt securities. Nesbitt Thomson and Burns Fry then merged to become BMO Nesbitt Burns.[1]


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