Bmo Capital Markets Corp. is a large advisory firm based in New York. It manages $3.7 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Connecticut, Illinois, and 3 other states.
Bmo Capital Markets Corp provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and provision of securities trading ideas and research. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Bmo Capital Markets Corp. is $3.7 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Bmo Capital Markets Corp. 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.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Michael John Miller is pooled investment vehicles with 1 clients and $3.7 billion of assets under management. Among the 7 most similar advisory firms, Bmo Capital Markets Corp has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.7 billion for 107 clients. 2% of the firm’s clients are foreign persons or businesses.
Bmo Capital Markets Corp also advises several private funds. Namely, one securitized asset fund.
The company employs 1,000 people that are either part- or full-time employees. 5 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Michael John Miller has been acting as President since 1 Oct 2007. Michael Forlenza joined the executive team most recently as the Chief Compliance Officer.
The principal office where Bmo Capital Markets Corp. performs its advisory services is located at 3 Times Square, New York, NY 10036, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (212) 702-1981. The normal business hours are 8:00am - 5:00pm est on Monday - Friday. You can find more information about the New York firm at bmocm.com.