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Nesbitt, Thomson and Company

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Nesbitt, Thomson and Company
IndustryFinancial services
Founded1912 (1912)
FoundersArthur J. Nesbitt
Peter A. T. Thomson
Defunct1994 (1994)
FateMerged with Burns Fry
SuccessorNesbitt Burns
HeadquartersMontreal, Quebec

Nesbitt, Thomson and Company was a Canadian stock brokerage firm that was founded in 1912 by Arthur J. Nesbitt and Peter A. T. Thomson. The firm was headquartered on St. James Street in Montreal, Quebec.[1]

In 1987, Nesbitt Thomson was acquired by the Bank of Montreal, with Brian J. Steck appointed as President and CEO.[citation needed]

In 1994, the firm was merged with Burns Fry Ltd. to create the Nesbitt Burns Inc. entity now operating as BMO Capital Markets and BMO Nesbitt Burns, both wholly-owned subsidiaries of the Bank of Montreal Financial Group.[citation needed]

References

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  1. ^ Nesbitt, A. R. Deane. Dry Goods & Pickles: The Story of Nesbitt, Thomson. (1989 - Nesbitt – Toronto) ISBN 0-9694148-0-3