What We Do
We provide advice for wealthy individuals who are committed to achieving personalized financial goals and success.
Wealth planning can involve a number of strategies devised and executed by BMO Wealth Management professionals, who specialize in key areas:
• estate planning
• financial planning and retirement planning
• tax planning
• post-transition planning
• philanthropy
• business transition
Our professionals can work in conjunction with your own advisors, such as your lawyer and accountant. The result is a customized wealth plan that is tailored to your needs.
Estate Planning
BMO Wealth Management offers comprehensive Estate Planning services to clients who appoint BMO Trust Company as executor of their estate. An effective estate plan preserves your wealth for your family and arranges for its orderly and tax-efficient transfer to your heirs. It can involve wills, powers of attorney and/or trusts. Our experts will work with you to create an innovative and customized estate plan, based on your needs and objectives that will form part of a complete and seamless wealth management strategy.
Financial Planning and Retirement Planning
BMO Wealth Management delivers objective, personal financial planning, including planning for retirement, as a component of every client’s experience. Working with your other advisors as appropriate, we help you articulate your financial goals and establish a plan to achieve them, given your current and future resources.
Whether your BMO professional performs a fundamental financial analysis or involves one of our dedicated wealth planners to produce a comprehensive financial plan, we can help you make better financial decisions.
Tax Planning
BMO Wealth Management offers experienced in-house tax professionals who can integrate their tax knowledge with your overall wealth plan by working together with your existing advisors.
Post-Transition Planning
Whether you are taking an early retirement or have been displaced by corporate restructuring, you have important decisions to make that can significantly affect your future financial security. Your BMO professional can help take the guesswork out of your transition planning. Together, you can chart a course that is right for you.
Philanthropic Services
Philanthropic Services is a national and international leader in the charitable giving sector. You receive comprehensive counselling, banking and investment services to support your philanthropic goals while working within your overall financial plan.
Our Philanthropic Services professionals will help you make charitable donations that get at the root causes of problems so that you maximize the impact of your giving, find the most tax-efficient way of supporting your favourite causes, and reap the fulfillment that comes with effective philanthropy.
Business Transition
Most business owners are not aware of all the options for harnessing and extracting the wealth from their business. We are an acknowledged innovator in the field of business transition. Our Business Transition professionals have assisted hundreds of Canadian small business owners in the successful hand-off of their companies, finding practical, tax-efficient solutions that contribute to business continuity and enhance business value.
We work directly with you and your advisors to create a fully personalized business transition plan that is integrated with your overall wealth management strategy.