Business Owners

Taking care of your business and family

Creating inter-related wealth planning opportunities and strategies across your business and family can be challenging especially in changing times.

We understand the challenges facing business owners and we work with you and your other professionals to help address these. You have worked very hard to make your business successful and chances are it is your main asset to fund your retirement, so you want to grow and protect the value of your efforts.  Whether it is helping you diversify by investing assets inside a holding company, providing cash management services, or putting together a business succession plan, we can provide you with the expert advice so you can stay focused on your business.

Getting started with your succession plan
It can be overwhelming to think about what you want out of your business when you retire or are ready to transition your business, but we can help you figure out what you want to achieve, and the key decisions you’ll need to make.

How we help with business transition
When you’re ready, your BMO Private Wealth professional will introduce you to the Business Advisory & Succession Planning team who will take the time to understand your family business, will work with advisors both inside and outside  of BMO, and support you through this personalized process including:

  • Education on the sale or succession planning process

  • Pre-sale strategies and structuring

  • Valuation considerations and insights

  • Risk management strategies

  • Family and business governance matters

  • Family dynamics

  • Asset protection strategies

  • Integrated tax planning