SEC-registered wealth management firm Broker-dealer affiliated
BMO Family Office, LLC
As of its Form ADV filed January 28, 2026, BMO Family Office, LLC, an SEC-registered, broker-dealer affiliated wealth management firm in Chicago, Illinois, reported $10.0 billion in regulatory assets under management across 5,101 accounts, ranking #11 among all wealth firms in Illinois by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 110264
- SEC file number
- 801-56868
- Registered since
- October 20, 1999
- Latest Form ADV filing
- January 28, 2026
- Organized as
- Limited Liability Company
- Fiscal year ends
- October
- Other offices
- 6
Key figures
- Regulatory assets under management
- $10.0 billion
- Discretionary
- $9.8 billion (98.3%)
- Non-discretionary
- $166.2 million
- Accounts
- 5,101 (5,052 discretionary)
- Clients
- 88, approximate as reported
- Employees
- 130
- Advisory staff
- 75 performing investment advisory functions
- Average account
- $2.0 million
- Asset growth, 1 year
- 22.9% (from $8.1 billion a year earlier)
- Asset growth, 3-year annual rate
- 20.2% (from $5.8 billion three years earlier)
- Asset growth, 5-year annual rate
- 13.2% (from $5.4 billion five years earlier)
- Client growth, 1 year
- 4.8% (from 84)
Broker-dealer affiliated. The firm is affiliated with a bank (Item 7.A(8)) that is part of a group with a broker-dealer (Item 7.A(1)) or controlled by a public company (Schedule D, Item 10.A). It is ranked among all wealth firms, the directory's view that includes wirehouses and broker-dealer firms, not in the main lists of independent RIAs. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among all wealth firms, including wirehouses and broker-dealer firms.
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $6.8 billion |
| October 3, 2011 | $7.3 billion |
| October 1, 2012 | $6.6 billion |
| October 1, 2013 | $7.1 billion |
| October 1, 2014 | $8.5 billion |
| October 1, 2015 | $8.9 billion |
| October 3, 2016 | $11.3 billion |
| October 2, 2017 | $12.4 billion |
| October 1, 2018 | $14.0 billion |
| October 1, 2019 | $12.8 billion |
| October 1, 2020 | $4.6 billion |
| October 4, 2021 | $5.4 billion |
| October 3, 2022 | $7.3 billion |
| October 5, 2023 | $5.8 billion |
| October 1, 2024 | $6.1 billion |
| September 2, 2025 | $8.1 billion |
| October 2, 2026 | $10.0 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 70 clients | $9.8 billion | |
| Pooled investment vehicles 3 clients | $167.5 million |
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses or institutional clients
- Pension consulting
- Selection of other advisers
- Other
Financial planning clients (Item 5.H): 51-100.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Swap dealer
- Major security-based swap participant
- Commodity pool operator or commodity trading advisor
- Futures commission merchant
- Banking or thrift institution
- Trust company
- Insurance company or agency
- Pension consultant
- Real estate broker, dealer or agent
- Sponsor, general partner or managing member of pooled investment vehicles
Advises 26 private funds (Item 7.B).
Custody (Item 9)
The firm reported custody of client cash or securities, $6.4 billion in total.
Investment adviser representatives
- IARs registered with the firm
- 3
- Also registered through a broker-dealer
- 0
- Employees who are IARs (Form ADV 5.B(3))
- 3
Designations held by the firm's IARs: CFP 2, CFA 1.
3 of the firm's 3 IARs are registered in jurisdictions that require IAR CE. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 2 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Illinois
| Firm | City | RAUM |
|---|---|---|
| Curi Capital, LLC | Chicago | $11.6 billion |
| Iht Wealth Management LLC | Chicago | $9.8 billion |
| Altair Advisers, LLC | Chicago | $9.8 billion |
| Forum Financial Management, LP | Lombard | $8.7 billion |
| JMG Financial Group Ltd | Downers Grove | $7.5 billion |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- BMO Family Office, LLC on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: uswealth.bmo.com/our-services/bmo-family-office-wealth-owners
- Wealth management firms in Illinois
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.