BMO Asset Management Inc. is a Canadian institutional and mutual fund investment manager, providing a variety of investment solutions across asset classes and investment approaches. The firm was established in 1982 as RMN Investment Counsel Inc. and was acquired by Burns Fry Ltd. in 1991. As a result of the Burns Fry merger with Nesbitt Thomson in 1994, the firm became part of the BMO Financial Group. Previously operating under the name Jones Heward Investment Counsel Inc., the company was renamed BMO Asset Management Inc. in May 2010, following amalgamation with the BMO Exchange Traded Funds and Quantitative Investments groups.