Wealth Planning



We understand the diverse wealth planning needs of medical professionals and can incorporate a customized wealth plan for you, your practice and your family.
 
Our team will prepare a complete and customized financial wealth plan
– a roadmap uniquely designed for your life and practice or business that includes retirement and estate planning, tax minimization strategies, and tools to help you address major life events. It will include strategies to address upcoming purchases, life and disability insurance, tax minimization, and trusts to manage complex family dynamics.
 
We will help you plan proactively for every stage of your career, from paying down medical school debt to mitigating tax and complexity in residency and mid-career to exiting your practice or selling your clinic or pharmacy. Key to this plan will be ensuring you and your family never need to rely on the sale of your practice or business to enjoy financial security.
 
BMO Private Wealth specialists bring affluent families an extra measure of sophistication when developing a comprehensive wealth plan. You will receive a broad spectrum of advice from various specialists – all under one roof and integrated with care by our team, in context of your unique short-, medium- and long-term lifestyle goals and vision.
 
Our network of BMO Private Wealth specialists brings you tremendous financial bench strength:

  • Will reviewers

  • Private Banking professionals

  • Tax planners

  • Business and Commercial Bankers

  • Asset managers

  • Investment bankers

  • Trust and estate planners

  • Risk management experts

  • Insurance specialists

  • Business succession specialists

  • Credit consultants

  • Strategic philanthropy consultants