BMO Nesbitt Burns
Encyclopedia
BMO Nesbitt Burns is a Canadian investment firm. Since its formation in 1912, BMO Nesbitt Burns and its predecessor companies have offered aid to investors in meeting their financial goals. In August 1987 the Bank of Montreal
took advantage of new banking regulations to acquire Nesbitt Thomson
, one of Canada's oldest stock broker
age firms. In 1994, Nesbitt Thomson merged with securities dealer Burns Fry Ltd. to become Nesbitt Burns Inc. which emerged as a member organization of BMO Financial Group—one of the largest financial services providers in North America
.
In 2007 BMO Nesbitt Burns was ranked as having the number one overall research team, continuing the long tradition of excellence in research. The firm has been ranked first in research in every Brendan Wood International survey since 1981.
Bank of Montreal
The Bank of Montreal , , or BMO Financial Group, is the fourth largest bank in Canada by deposits. The Bank of Montreal was founded on June 23, 1817 by John Richardson and eight merchants in a rented house in Montreal, Quebec. On May 19, 1817 the Articles of Association were adopted, making it...
took advantage of new banking regulations to acquire Nesbitt Thomson
Nesbitt, Thomson and Company
Nesbitt Thomson and Company is a former Canadian stock brokerage firm founded in 1912 by Arthur J. Nesbitt and Peter A. T. Thomson. The company was headquartered on St. James Street in Montreal, Quebec and its success helped make the area the financial centre of Canada.In 1987, Nesbitt Thomson was...
, one of Canada's oldest stock broker
Stock broker
A stock broker or stockbroker is a regulated professional broker who buys and sells shares and other securities through market makers or Agency Only Firms on behalf of investors...
age firms. In 1994, Nesbitt Thomson merged with securities dealer Burns Fry Ltd. to become Nesbitt Burns Inc. which emerged as a member organization of BMO Financial Group—one of the largest financial services providers in North America
North America
North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...
.
In 2007 BMO Nesbitt Burns was ranked as having the number one overall research team, continuing the long tradition of excellence in research. The firm has been ranked first in research in every Brendan Wood International survey since 1981.