Bmo Nesbitt Burns Securities Ltd.

Registered investment adviser · Toronto, Ontario · CRD #281337

Form ADV data as of 2026-09-01

Regulatory assets

$1.20 billion

Total accounts

1,330

Employees

303

Disclosure events

Firm details

Website: https://uswealth.bmo.com/nesbitt-burns-securities-limited-disclosures/
Telephone: 416-624-5509
SEC file number: 801-107176
Most recent Form ADV filing: 2026-08-05
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 6 disclosure questions answered Yes, covering 12 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

SEC or CFTC found a violation of its regulations or statutes
SEC or CFTC entered an order in connection with investment-related activity
SEC or CFTC imposed a civil money penalty or a cease-and-desist order
Another regulator found a violation of investment-related regulations or statutes
Another regulator entered an order in connection with investment-related activity (past 10 years)
A self-regulatory organization found a violation of its rules

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$1.20 billion
Non-discretionary regulatory assets under management	$0
Total regulatory assets under management	$1.20 billion
Discretionary accounts	1,330
Non-discretionary accounts	0
Total accounts	1,330
Regulatory assets under management attributable to non-U.S. persons	$184.4 million

People

Total employees (excluding clerical)	303
Employees performing investment advisory functions (including research)	216
Employees who are registered representatives of a broker-dealer	144
Employees registered as investment adviser representatives with a state	2
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	194
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No

How the firm is compensated

A percentage of assets under management

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients

Other business activities

Broker-dealer (registered or unregistered)

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Registered security-based swap dealerCommodity pool operator or commodity trading advisorFutures commission merchantBanking or thrift institutionTrust companyInsurance company or agencyPension consultantSponsor or syndicator of limited partnershipsSponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Brokers or dealers selected under 8.C.(3) are related persons
Provides employee compensation specifically for obtaining clients

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	674	$96.8 million
High net worth individuals	412	$1.10 billion