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.

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
  • Business transition planning
  • Wealth transition planning conversations

Selling Your Business

There are several considerations when transitioning your business to the next generation or selling.

The BMO Business Advisory & Succession Planning team offers:

  • A specialized team with vast experience in helping business owners with business and family wealth planning
  • Sophisticated wealth transfer, estate and integrated business succession planning strategies with your other trusted advisors
  • Organization of the sales process and introduction to corporate finance experts
  • Identification of strategic opportunities and potential risk exposure

 

Why We Can Help You Transition Your Business

The BMO Business Advisory & Succession Planning team is a group of highly skilled professionals located across Canada with deep and practical senior level experience who work with business owners and their families to manage the complexities of business transitions.The B M O Business Advisory & Succession Planning team is a group of highly skilled professionals located across Canada with deep and practical senior level experience who work with business owners and their families to manage the complexities of business transitions.

We collaborate with your advisors both inside and outside of BMO including: tax, estate, trust and financial planners to create a multi-disciplinary team.