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BMO PRIVATE INVESTMENT COUNSEL INC.
CRD 160344File 801-74232
APPROVED
Retail clients
Custody
Disclosure events
Filing as of Mar 23, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$40.18B
Top 10% of cohort (national)
Discretionary AUM
$40.18B
Clients
31,188
73,898 accounts
Employees
130
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- HQ
- Registration date
- Mar 19, 2012
- Principal office
- 100 KING STREET WEST, 1 FIRST CANADIAN PLACE 41ST FLOOR, TORONTO, ONTARIO, M5X 1A1
- Phone
- 416 359-5001
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $40.18B
- Discretionary AUM
- $40.18B
- Non-discretionary AUM
- $0
- Discretionary accounts
- 73,898
- Non-discretionary accounts
- 0
- Total accounts
- 73,898
- AUM per client
- $1.3M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 4,839 | $12.42B |
| Insurance companies | 14 | $111.4M |
| Charitable organizations | 39 | $228.6M |
| High net worth individuals | 8,176 | $17.41B |
| State or municipal government entities | Fewer than 5 | $108.3M |
| Individuals (other than high net worth individuals) | 18,117 | $5.88B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- A percentage of assets under your management
Advisory activities
- Financial planning services
- Selection of other advisers
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- Yes
- Related Person Custody Assets
- No
- Related Person Custody Clients
- Yes
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11- Q11C2
- Q11D2
- Q11D4
- Q11E2
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Aug 17, 2026 | Clients | 33,143 | 31,188 | decreased by1,955 |
| Feb 1, 2026 | Clients | 32,396 | 33,143 | increased by747 |
| Feb 1, 2026 | AUM | $35,763,511,340 | $40,180,083,812 | increased by$4,416,572,472 |
| Feb 1, 2026 | Accounts | 71,669 | 73,898 | increased by2,229 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 118 | 130 | increased by12 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 31,466 | 32,396 | increased by930 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $34,859,287,807 | $35,763,511,340 | increased by$904,223,533 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 64,896 | 71,669 | increased by6,773 |
| Feb 1, 2022 | Employees | 117 | 118 | increased by1 |
| Feb 1, 2022 | Clients | 30,551 | 31,466 | increased by915 |
| Feb 1, 2022 | AUM | $26,518,952,984 | $34,859,287,807 | increased by$8,340,334,823 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “BMO PRIVATE” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“BMO PRIVATE” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.