BMO Nesbitt Burns
- Company typePublic
- Founded1817
- HeadquartersToronto, Canada
- Headcount251–500
- GTM typeB2B
- OfferingServices
What BMO Nesbitt Burns does
BMO Nesbitt Burns Inc. is the wholly-owned investment banking, capital markets, and institutional brokerage subsidiary of Bank of Montreal (BMO Financial Group), a Canadian chartered bank founded in 1817 and listed on the TSX and NYSE under ticker BMO. Operating from Toronto, the firm delivers underwriting, advisory, debt and equity capital markets, and corporate banking services to corporate and institutional clients across North America, with recent mandates covering Bell Canada, Fairfax Financial Holdings, Hydro-Quebec, and Kingfisher Metals. Its core technology leverages BMO group-wide digital-first banking infrastructure, AI-powered chat support, and proprietary platforms including BMO Total Look for multi-institution account aggregation.
The business model is fee-based, generating revenue from underwriting spreads, M&A advisory retainers, debt and equity capital markets execution, and trading activity, complemented by treasury, lending, and broader commercial banking relationships routed through BMO Capital Markets and BMO Bank N.A. in the United States. Pricing spans tiered fee schedules across retail checking (Smart Advantage, Smart Money, Relationship Checking), savings, money market, certificates of deposit, and HSA products delivered in partnership with Lively. Customer segments are organized horizontally across personal/retail, small and medium business, commercial and corporate, and high-net-worth wealth management, each served through dedicated distribution channels: 40,000+ ATM network and branch footprint for retail, direct institutional sales for capital markets, and digital onboarding for self-serve products.
BMO Competitive advantages center on regulatory licensing as a chartered Canadian bank and licensed investment dealer, $1.5 trillion in parent-level total assets ranking it 8th in North America, and a 208-year operating history paired with a 196-year uninterrupted dividend record — the longest in Canada. Distribution is reinforced by a U.S. branch and ATM footprint plus dedicated Bank at Work corporate channel. AI capability is reported at top-10 global standing by Evident AI, with the firm being the first Canadian bank on the IBM Quantum Network, supporting an enterprise-wide responsible-AI rollout that includes agent deployment across banking operations.
BMO Nesbitt Burns firmographics
Firmographics- Name
- BMO Nesbitt Burns
- Legal name
- BMO Nesbitt Burns Inc.
- Website
- https://bmo.com
- Company type
- Public
- Founded year
- 1817
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
BMO Nesbitt Burns industry classification
Industry- Product category
- Investment Banking
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Follow-on Offerings (FPOs) (FSACAAAB)
Keywords
Where BMO Nesbitt Burns is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Markets served
BMO Nesbitt Burns business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | BMO Smart Advantage Checking - $0 monthly maintenance, basic features |
| Subscription | Monthly | BMO Smart Money Checking - $5 monthly fee with no overdraft charges |
| Subscription | Monthly | BMO Relationship Checking - $25 monthly fee with premium benefits and interest |
| Subscription | Monthly | Savings Builder Account - $0 monthly fee with balance growth rewards |
| Subscription | Monthly | Growth Money Market Account - Competitive tiered rates up to 2.55% APY |
| One time/ perpetual license | Pay-as-you-go | Certificate of Deposit (CD) Specials - Terms from 13 to 59 months |
Distribution channels5 records
Marketing channels7 records
BMO Nesbitt Burns product offering
Product offeringCore offering
BMO Nesbitt Burns Inc. is the investment banking and institutional brokerage division of Bank of Montreal (BMO Financial Group), providing equity and debt underwriting, M&A advisory, and capital markets services to corporate and institutional clients. The firm acts as lead bookrunner, joint bookrunner, and syndicate member for senior notes, debenture, and equity offerings across Canadian and global markets. It generates revenue primarily through fees earned from underwriting, advisory mandates, and capital markets execution.
Product overview
BMO (Bank of Montreal) operates as a leading North American bank with BMO Nesbitt Burns serving as its investment banking and brokerage division. The broader BMO product portfolio encompasses personal and business banking through multiple account types and digital platforms. Personal banking includes three checking account tiers (Smart Advantage with no fees, Smart Money with overdraft protection, and Relationship Checking with tiered benefits), supplemented by savings products (Savings Builder with growth rewards, Growth Money Market with competitive rates, and Certificates of Deposit with fixed terms). Credit offerings span debit cards, co-branded fan cards, and multiple credit card variants. Business banking provides checking, lending, merchant services, and payroll solutions. All products are accessible through BMO Digital Banking platform. Note: The source content primarily covers BMO US retail banking operations rather than BMO Nesbitt Burns-specific investment banking products.
Differentiator
Problem solved
Functional benefit
Brands
- BMO Capital Markets: Investment banking and capital markets division of BMO providing corporate banking, advisory, and trading services.
- BMO Smart Advantage Checking
- BMO Relationship Checking
- BMO Smart Money Checking
- Savings Builder
- Growth Money Market
- BMO Digital Banking
- BMO Health Savings Account (HSA)
Products and services
- Equity Underwriting Services
- Debt Underwriting Services
- M&A Advisory Services
- Institutional Brokerage and Trading Services
Quantifiable outcome
- 8th largest bank in North America by assets
- +4 more outcomes
Companies that use BMO Nesbitt Burns
Customer profileSegments4 records
Ideal customer profiles1 record
BMO Nesbitt Burns technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability3 records
Feature3 records
BMO Nesbitt Burns partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights5 records
BMO Nesbitt Burns competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
BMO Nesbitt Burns social profiles
Digital presenceBMO Nesbitt Burns compliance and trust
Trust signalCompliance1 record
BMO Nesbitt Burns financial estimates
Financial estimateRevenue estimate
Valuation estimate
BMO Nesbitt Burns leadership team
Management profileNumber of profiles
Profiles1 record
BMO Nesbitt Burns subsidiaries and ownership
Company hierarchySubsidiaries3 records
BMO Nesbitt Burns funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BMO Nesbitt Burns M&A and investment
M&A and investmentM&A
Investments25 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BMO Nesbitt Burns
What does BMO Nesbitt Burns do?
BMO Nesbitt Burns Inc. is the investment banking and institutional brokerage division of Bank of Montreal (BMO Financial Group), providing equity and debt underwriting, M&A advisory, and capital markets services to corporate and institutional clients. The firm acts as lead bookrunner, joint bookrunner, and syndicate member for senior notes, debenture, and equity offerings across Canadian and global markets. It generates revenue primarily through fees earned from underwriting, advisory mandates, and capital markets execution.
Is BMO Nesbitt Burns a public or private company?
BMO Nesbitt Burns is a public company. It is classified as corporate owned and is currently operating.
When was BMO Nesbitt Burns founded?
BMO Nesbitt Burns was founded in 1817. It employs 251 to 500 people.
Where is BMO Nesbitt Burns based?
BMO Nesbitt Burns is headquartered in Toronto, Canada, in the North America region.
Does BMO Nesbitt Burns have an API?
No public API is recorded for BMO Nesbitt Burns.
What industry is BMO Nesbitt Burns in?
BMO Nesbitt Burns's product category is Investment Banking. Its primary akta.pro industry code is FSACAAAB, Follow-on Offerings (FPOs). Its NAICS code is 52394 and its SIC code is 6211.