The BMO GROUP is a publicly held investment adviser that advises $448.07Bn in regulatory assets under management held in 7 SEC fund types across 10 investment strategies. BMO GROUP is a Public Fund A public fund manager is a manager whose >=75% of total assets under management are in public funds (broadly accessible, exchange-listed investment vehicles available to retail investors with typically low minimums and clear, widely available information) Manager. Assets increased by 93.46% over the last 5-years.
The Group has been registered with the SEC for 36.23 years and is comprised of 6 filing and 0 relying advisers. They operate out of 74 office locations with their Headquarters at 100 KING STREET WEST 1 FIRST CANADIAN PLACE 41ST FLOOR, TORONTO, -. The Group has been subject to regulatory enforcement actions. They are regulated by 28 US and Non-US bodies.
They have 617 employees comprised of 451 investment and 166 non-investment staff. The total number of Employees decreased by 79.36% over the last 5-years.
Their $448.07Bn in assets advised are owned by 77 private funds, 305 public funds and BDCs and 93 other accounts. Assets of Investment Companies (IC) clients own $412.49Bn or 92.06% of Total Assets and High Net Worth Individuals own $12.57Bn or 2.81% of Total Assets.
The Group's top investment strategies include Long/Short Equity, Multi Strat and FI/Credit - Diverse, representing 50.9%, 24.07% and 23.06% of total assets, respectively.
They advise 12 types of clients, top clients are Investment Companies (IC) and High Net Worth Individuals.
The Group uses 5 Fund Administrators, 4 Fund Auditors, 0 Prime Brokers, 10 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 26 private funds with $8.47Bn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
BMO GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 2 funds.
They have a HIGH-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In BMO GROUP's case, they have 25 business conditions that require high process maturity and 3 Watch Factors.