BMO Asset Management Corp. (BMO AM) offers discretionary investment advisory and subadvisory services. BMO AM's clients invest mainly in secured loans and other financial instruments originated by BMO Bank N.A., an affiliate. While investment advice is generally limited to these loans, BMO AM manages equity received from debt-to-equity conversions. Clients typically invest in loans by purchasing an assignment or participation interest or through pooled investment vehicles managed by BMO AM, such as private funds or collateralized loan obligations.
Fee Structure
BMO Asset Management Corp. charges asset management fees that are negotiated with each client. The fees vary depending on the client type and the services provided. There are no set fee schedules. Fees are detailed in the investment management agreement or governing documents for each client.