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Industry | Financial services |
---|---|
Founded | 1912 |
Founders | Arthur J. Nesbitt Peter A. T. Thomson |
Defunct | 1994 |
Fate | Merged with Burns Fry |
Successor | Nesbitt Burns |
Headquarters | Montreal, Quebec |
Nesbitt, Thomson and Company was a Canadian stock brokerage firm that was founded in 1912 by Arthur J. Nesbitt and Peter A. T. Thomson. The firm was headquartered on St. James Street in Montreal, Quebec.[1]
In 1987, Nesbitt Thomson was acquired by the Bank of Montreal, with Brian J. Steck appointed as President and CEO.[citation needed]
In 1994, the firm was merged with Burns Fry Ltd. to create the Nesbitt Burns Inc. entity now operating as BMO Capital Markets and BMO Nesbitt Burns, both wholly-owned subsidiaries of the Bank of Montreal Financial Group.[citation needed]