# BMO Family Office, LLC

> BMO Family Office, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 1999, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated January 28, 2026.

- CRD: 110264
- Filed as: BMO FAMILY OFFICE, LLC
- Also doing business as: BMO FAMILY OFFICE, BMO PRIVATE WEALTH, BMO WEALTH MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: January 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110264
- AdvisorCensus page: https://advisorcensus.com/firm/bmo-family-office-llc-chicago-il-110264

## Quick answers

**How is BMO Family Office, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), BMO Family Office, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is BMO Family Office, LLC located?**
BMO Family Office, LLC's principal office is in Chicago, IL, according to its Form ADV; the February 2026 filing also lists 6 other offices (Schedule D, Section 1.F).

**Is BMO Family Office, LLC registered with the SEC or a state?**
BMO Family Office, LLC is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 110264.

**How much does BMO Family Office, LLC manage?**
BMO Family Office, LLC reports $9,989,953,619 in regulatory assets under management in its Form ADV filing dated January 28, 2026 (98% discretionary).

**How have BMO Family Office, LLC's assets and staff changed since 2021?**
In the Form ADV data for BMO Family Office, LLC: Regulatory assets under management: $5,379,811,542 in the October 2021 data and $9,989,953,619 in the October 2026 data, up 86%. Total employees: 120 in October 2021 and 130 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does BMO Family Office, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (70); pooled investment vehicles (other than investment companies and business development companies) (3).

**Which custodians does BMO Family Office, LLC use?**
BMO Family Office, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Northern Trust Securities, Inc. as custodians holding 10% or more of its separately managed account assets.

**Does BMO Family Office, LLC report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation) and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/110264

**What changed in BMO Family Office, LLC's recent Form ADV filings?**
In the February 2026 filing data: Employees performing advisory functions went from 65 to 75. Regulatory assets under management went from $8,129,615,220 to $9,989,953,619 (+23%). Changed its office addresses in San Francisco, CA. Added an office in Boca Raton, FL. Added an office in Century City, CA. No longer lists an office in Denver, CO. No longer lists an office in Newport Beach, CA. No longer lists an office in Portsmouth, NH. No longer lists an office in Sarasota, FL.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Northern Trust Securities, Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $9,989,953,619
- Discretionary: $9,823,750,455
- Non-discretionary: $166,203,164

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 70 | $9,822,408,877 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $167,544,742 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 1999 (26 years)
- Employees: 130 total, 75 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, IL, MA, NH, NY, OR, TX
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/110264

### Other offices (Schedule D, Section 1.F), as of the February 2026 filing
- Andover, MA
- Boca Raton, FL
- Century City, CA
- Palo Alto, CA
- Portland, OR
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- bmofamilyoffice.com
- uswealth.bmo.com/our-services/bmo-family-office-wealth-owners
- LinkedIn @bmowealthmanagement-us

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,379,811,542 | 120 | January 28, 2021 |
| October 2022 | $7,277,623,309 | 120 | July 26, 2022 |
| October 2023 | $5,751,886,369 | 135 | September 5, 2023 |
| October 2024 | $6,096,846,936 | 135 | January 29, 2024 |
| October 2025 | $8,129,615,220 | 120 | April 25, 2025 |
| October 2026 | $9,989,953,619 | 130 | January 28, 2026 |

Regulatory assets under management: $5,379,811,542 in the October 2021 data and $9,989,953,619 in the October 2026 data, up 86%.
Total employees: 120 in October 2021 and 130 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Employees performing advisory functions went from 65 to 75.
- Regulatory assets under management went from $8,129,615,220 to $9,989,953,619 (+23%).
- Changed its office addresses in San Francisco, CA.
- Added an office in Boca Raton, FL.
- Added an office in Century City, CA.
- No longer lists an office in Denver, CO.
- No longer lists an office in Newport Beach, CA.
- No longer lists an office in Portsmouth, NH.
- No longer lists an office in Sarasota, FL.

### January 2026
- No longer registered or notice-filed in MN.

### December 2025
- Registered or notice-filed in NY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. BMO Family Office, LLC (CRD 110264): Form ADV filing data as of October 2026.