BMO Nesbitt Burns
1 First Canadian Place
39th Floor, P.O. Box 150
Toronto, ON
M5X 1H3

Contact Us

Meet Our Team

We created our group because we recognized the demographics of our industry were changing. We strongly believe our clients are best served by a team with the depth and experience of our partners, as well as the energy and longevity of a younger advisory team.

Our clients have peace of mind, knowing their portfolio will be managed for years to come without disruption, and that we are also in a position to help the next generation of their family.



Zac Maloney
Investment Advisor
Assistant Branch Manager

Tel: (416) 359-4044
Connect with me on LinkedIn

After accepting an invitation to join BMO Nesbitt Burns at the age of 22, Zac distinguished himself as one of the youngest and fastest growing independent advisors at the firm. In 2016, Zac took on the additional responsibility of Assistant Manager of Toronto United, one of the largest BMO Nesbitt Burns offices in Canada.

Today, Zac is a founding partner of the Maloney + Elliott group. He enjoys working with a select group of clients across the country ranging from owners of some of Canada’s largest privately held companies, executives, incorporated professionals, and retirees. He also has experience dealing with boards and institutional accounts. 

His formal education includes a Bachelor of Commerce from Dalhousie University. He also studied Finance and International Business at Copenhagen Business School, Denmark, attended by way of the Northstar Trade Finance Scholarship. Prior to joining Nesbitt Burns, Zac spent time at one of Canada’s other major banks gathering experience in Commercial Banking and Global Branding.

A meaningful cause to him that he personally supports is the research and fight against Acute Lymphoblastic Leukemia (ALL).


Byron Elliott
Investment Advisor

Tel: (416) 359-6426
Connect with me on LinkedIn

Byron began his career at BMO Nesbitt Burns and built a client base from the ground up. He has a strong wealth management foundation learned through experience, continuing education, and professional designations. He is a founding partner of the Maloney + Elliott group and enjoys working with families, corporations, and professionals.
In 2017, Byron earned his Chartered Investment Manager (CIM), a prominent industry designation held by a small minority of Canadian advisors. One of the leading young advisors at BMO Nesbitt Burns, he is dedicated to continuous improvement, hard-work, and doing what is right.

Prior to joining BMO Nesbitt Burns, Byron completed an honours degree at the University of Toronto and played competitive hockey in the OHL (St Michael's Majors), ECHL (Cincinnati Cyclones – a Florida Panthers and Nashville Predators NHL Affiliate) and in Europe.  He remains active in the hockey community, and volunteers his spare time in his role as Vice President of the University of Toronto Varsity Blues Grads Foundation.




Valerie Bieniara
Associate Investment Advisor

Tel: (416) 359-6981
Connect with me on LinkedIn
Valerie is a graduate of University of Toronto and began her career with BMO Nesbitt Burns in 2011. She currently works with a client base consisting of entrepreneurs, incorporated professionals, executives, and retirees.
To overcome “experience gaps” that many women face when it comes to their investments and financial planning; Valerie specializes on building strong relationships with female clients. Her tailored wealth management approach addresses the realities of being a woman.  
Prior to starting her career, Valerie trained as a competitive figure skater in Whitby and Toronto. Her greatest accomplishments are representing Team Canada for synchronized skating internationally throughout Europe and the US. She also spent time skating with the University of Toronto Varsity Blues. Valerie remains active In both the synchronized and figure skating community, volunteering her time with the Whitby Ice Fyre coaching and in various board roles.

Our Partners


John Michael
Estate & Insurance Advisor

John Michael is an expert in his field and a valuable member of the team. He has been working with high net worth clients with a targeted insurance focus for over 20 years.

He specializes in structuring insurance as a risk management tool and as a unique asset class for our clients.  He helps our clients maximize their wealth, minimize tax, enhance philanthropic goals, and providing  peace of  mind. Collaborating with our team, other specialists within the BMO wealth group, and our clients own trusted tax and legal advisors, John Michael structures tax intelligent insurance strategies for our clients using personal or corporate investment dollars.  

John Michael ensures our clients clearly understand the uniqueness of insurance as an asset class and how insurance planning complements and enhances their wealth management plans. He is licenced in Ontario, Alberta and BC.
Outside of the office he enjoys time with his family at the cottage, on the slopes and at countless hockey rinks.


Paul Anianov, CPA, CA
Director, Wealth Planning

Paul joined BMO Wealth Management in 2018, after working as a Senior Tax Manager at a major accounting firm, where he was responsible for the planning for privately held businesses and high net worth individuals. Paul has close to 10 years of public accounting experience as a trusted business and tax advisor. As well, Paul was an instructor and group study facilitator for the CPA Canada In-Depth Tax Part I Group Study Course.

Drawing on his experience in tax and public accounting, our clients benefit from a depth of insight, value-added tax efficient strategies and unique foresight into a diverse range of situations, facilitating actionable recommendations.

Using a holistic approach, Paul is able to help clients clearly articulate their personal wealth goals. Together, we provide a multi-dimensional perspective that offers a valuable complement to our clients’ other professional counsel. Paul’s goal is to empower clients with comprehensive and customized solutions, resolving complex situations through coordinated and proactive wealth plans.


John M. Paniccia, CPA, CA, CBV, FEA
Vice President, National Director of Business Advisory & Succession Planning

John is an experienced business advisor and brings a broad base of technical and business planning experience to BMO Wealth Management. John offers individuals and business owners expertise in business succession, transition, sale, M&A, insurance and valuations for the purposes of wealth planning and transfer.

John has over 15 years of experience primarily in the Big 4 professional services firms, as well as experience in a family owned private business. Within professional practice, John has lead a significant number of complex business valuations and business advisory engagements for private and public companies involved in a variety of industries in connection with M&A, corporate reorganizations & income tax planning, shareholder disputes, corporate finance activities, as well as succession, tax & estate planning for private business owners.

John holds an Honours Degree in Business Administration from the Schulich School of Business, York University, and is a Chartered Professional Accountant (CPA, CA), Chartered Business Valuator (CBV), and has earned the Family Enterprise Advisor designation (FEA) from the Institute of Family Enterprise Advisors.