Bmo Harris Financial Advisors, Inc is a large advisory firm based in Chicago. It manages $4.15 billion of regulatory assets for 17,845 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Bmo Harris Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 8,500 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Bmo Harris Financial Advisors, Inc is $4.15 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 365% since the beginning of its operation, and $12.44 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Bmo Harris Financial Advisors, Inc 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 individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Christopher J Mccomish is individuals with 16,571 clients and $3.29 billion of assets under management. Among the 10 most similar advisory firms, Bmo Harris Financial Advisors has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $4.15 billion for 17,665 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Bmo Harris Financial Advisors doesn't advise any private funds.
The company employs 288 people that are either part- or full-time employees. 87 percent of the employees work as investment advisers or researchers. 201 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Christopher J Mccomish has been acting as President since 1 Mar 2009. Peter Leander Schmidt joined the executive team most recently as the National Director Of Sales.
The principal office where Bmo Harris Financial Advisors, Inc performs its advisory services is located at 115 S Lasalle Street, Chicago, IL 60603, which is also the mailing address of the firm. An additional office of the firm is in Brookfield, WI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 877-225-3863 or by fax 312-461-7211. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at bmoharris.com/financialadvisors and its LinkedIn profile.