Bmo Family Office provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year. The firm advises 26 private funds.
Bmo Family Office reports 73 clients. They include 70 high-net-worth individuals and 3 pooled investment vehicles. Of its assets, 98.3% ($9.82B across 5,052 accounts) are managed with discretion; $166M across 49 accounts are not. Of its clients, 3% are outside the U.S. It advised 15 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 96% | 98% |
| Pooled investment vehicles | 4% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 70 | $9.82B | 98.3% | $140M |
| Pooled investment vehicles | 3 | $168M | 1.7% | $55.8M |
| Total | 73 | $9.99B | 100% | $137M |
- Clients
- 70
- Regulatory AUM
- $9.82B
- AUM share
- 98.3%
- Avg. per client
- $140M
- Clients
- 3
- Regulatory AUM
- $168M
- AUM share
- 1.7%
- Avg. per client
- $55.8M
Total
- Clients
- 73
- Regulatory AUM
- $9.99B
- AUM share
- 100%
- Avg. per client
- $137M
- Clients outside the U.S.
- 3%
- Clients advised without assets under management last fiscal year
- 15
- Private funds advised
- 26
- Financial planning clients last fiscal year
- 51–100
Bmo Family Office charges up to 0.60% a year for its Discretionary investment management fees. The fee is billed in arrears, is negotiable, has a $250,000 annual minimum and requires an account of at least $50,000,000. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Investment reporting services
- Investment reporting fees, exclusive of management or advisory services, are based on the scope and complexity of the reporting and are typically a negotiated retainer.
- Limited mandate and consulting services
- Limited mandate and consulting fees are negotiated and may be a one-time fee, an ongoing retainer, or an ongoing asset-based fee.
- Non-discretionary investment advisory fees
- Non-discretionary advisory fees are negotiated; percentage-of-assets fees typically do not exceed 1.5% of assets under advisement, with a $250,000 annual minimum fee for a $100 million account.
Bmo Financial Corp owns 75% or more of Bmo Family Office and is in turn owned by Bank of Montreal (75% or more). The leadership team of Bmo Family Office includes President Michael Miranda, Chief Financial Officer Sean Rooney and Chief Compliance Officer Michael Hutchinson. It has 130 employees, 75 of them in advisory roles.
Leadership
- Michael MirandaPresident
- Sean RooneyChief Financial Officer
- Michael HutchinsonChief Compliance Officer
- Kyle CroweDirector
- Theodore DunnDirector
- Amy HaleChair, Board of Directors
- Jesse SegretoChief
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Travis Loland Borton
- Devon M Chan
- Joseph Knecht
Staff
- 130 employees
- 75 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Bmo Family Office, LLC
Bmo Financial Corp
Control person · since December 2012
- Owns 75% or more of Bmo Financial Corp
Bank of Montreal
Control person · since September 1989
Bmo Family Office’s regulatory assets grew 1.9× from $5.38B (January 2021) to $9.99B (January 2026); clients rose from 46 to 73 and employees from 120 to 130.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| January 2026 | $9.99B | 73 | 130 | 7 |
| April 2025 | $8.13B | 67 | 120 | 9 |
| January 2024 | $6.1B | 62 | 135 | 10 |
| May 2023 | $5.75B | 46 | 135 | 10 |
| July 2022 | $7.28B | 46 | 120 | 10 |
| January 2021 | $5.38B | 46 | 120 | 8 |
Besides its headquarters, Bmo Family Office has 6 offices, with 7 listed addresses across 5 states.
California · 3 listed addresses
- 2191 East Bayshore RD., Palo Alto
- 180 Montgomery Street, San Francisco
- 10250 Constellation BLVD., Century City
Florida · 1 listed address
- 5355 Town Center Road, Boca Raton
Illinois · 1 listed address
- 320 South Canal Street, Floor 12, ChicagoHQ
Massachusetts · 1 listed address
- 300 Brickstone Square, Andover
Oregon · 1 listed address
- 4380 Macadam Avenue, Portland
Other business names
Bmo Family Office has reported 3 other business names to the SEC.
- Bmo Family Office
- Bmo Private Wealth
- Bmo Wealth Management
Contact and registration details
- Legal name
- Bmo Family Office, LLC
- Headquarters
- 320 South Canal Street, Floor 12, Chicago, IL 60606
- Website
- Not reported
- Phone
- 650-210-5042
- SEC file
- 801-56868
- Structure
- Delaware LLC
- Fiscal year end
- October
Bmo Family Office uses Charles Schwab ($767M, 63%) and Northern Trust Securities ($452M, 37%) as custodians for its separately managed accounts. Bmo Family Office has custody of $6.43B in client assets for 70 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $767M63%
- Northern Trust SecuritiesNorthern Trust Securities, Inc. · Chicago, IL · $452M37%
At year end, Bmo Family Office’s separately managed accounts were mostly in stocks (58%) and funds (31%).
What the accounts hold
- Stocks58%
- Funds31%
- Registered funds18%
- Pooled vehicles13%
- Bonds7%
- Cash4%
How many clients does Bmo Family Office have?
Bmo Family Office has 73 clients and manages $9.99 billion for them, as of January 2026. They include 70 high-net-worth individuals and 3 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 January 2026
What services does Bmo Family Office offer?
Bmo Family Office provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Bmo Family Office charge?
Bmo Family Office charges up to 0.60% a year for its Discretionary investment management fees. The fee is billed in arrears, is negotiable, has a $250,000 annual minimum and requires an account of at least $50,000,000.
Source: BMO FAMILY OFFICE, LLC ADV PART 2A, filed 28 January 2026
Which custodians does Bmo Family Office use?
Bmo Family Office’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $767M and Northern Trust Securities, Inc. (Chicago, IL), with $452M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 January 2026
How many financial advisors does Bmo Family Office have?
Bmo Family Office has 3 investment adviser representatives registered with state securities authorities, out of 130 employees, and 75 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Bmo Family Office invest in?
At the end of its last fiscal year, Bmo Family Office’s separately managed accounts held 58% exchange-traded equities, 18% registered funds (mutual funds, ETFs, BDCs), 13% pooled vehicles (private funds and similar), 7% state and local bonds and 4% cash and equivalents. It advises 26 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Bmo Family Office have a minimum investment?
Yes, Bmo Family Office’s minimum account size for its Discretionary investment management fees is $50M. It charges a $250K annual minimum fee.
Source: BMO FAMILY OFFICE, LLC ADV PART 2A, filed 28 January 2026
Who owns Bmo Family Office?
Bmo Family Office is owned through a holding company by Bank of Montreal. Its direct owner is Bmo Financial Corp (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 January 2026
How does Bmo Family Office get paid?
Bmo Family Office is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Bmo Family Office?
Bmo Family Office’s main office is at 320 South Canal Street, Floor 12, Chicago, IL 60606. Its phone number is 650-210-5042.