Wealth Planning

We know wealth builds complexity and the more money you have, the greater the complexity.

Whether you have recently acquired wealth or you’re looking for a different perspective on how to manage your wealth, a personalized Wealth Plan is key to feeling connected to your wealth. It provides a comprehensive overview of your current financial situation, and a plan to help you achieve your goals.

We deliver a personalized Wealth Plan that’s coordinated with multiple aspects of your wealth picture – acting as your financial roadmap.


Wealth Planning for Executives and Professionals

Collaboration and integration are the keys to our approach. We’ll take the time to get to know you, your business or practice, and your short- and long-term goals. And we’ll be there for regular check-ups to update your plan as needs and goals change including:

  • Retirement
  • Changing careers
  • Selling your practice
  • Protecting your family from income loss
  • Transferring assets to family members or philanthropic initiatives



The world is moving at a high pace and the only constant is change. You want to be prepared for events that may impact you in the future. Having a wealth plan in place will help ensure that you are prepared for whatever the future holds.


Women-led enterprises

Businesses led by women are the fastest growing segment in North America, and we're here to help you succeed by understanding your unique needs, supporting causes that are important to you and providing you with the tools and resources to help you realize your financial goals.



As a medical professional your needs are complex. We support you with a comprehensive package of banking services along with a dedicated BMO Private Banker who understands the unique needs of medical professionals.

You can expect wealth management advice addressing topics such as government restrictions on income splitting and the taxation of passive income.

From buying or leasing property to purchasing equipment and paying staff, financing and cash flow management are key. Our healthcare business experts can help guide you.


Preserving and growing your wealth

As an individual or family with a high net worth, a key part of your wealth plan is your investment plan.

Everything we do is driven by your needs and goals. Our measure of success is helping you achieve your financial goals. We pursue this by focusing on your goals and by integrating your investment portfolio into every aspect of your overall wealth plan.

We look to understand your needs, goals and risk tolerance, to guide us in determining the right investment strategy for you. Once your investment portfolio is established, we monitor it regularly to ensure it continues to align with any changes in your life and significant changes in the capital markets.


Minimizing taxes

Through BMO Private Wealth, we have experienced in-house tax professionals who can integrate their tax knowledge with your overall wealth plan. We can discuss various tax-efficient strategies, such as:

  • Ensuring a coordinated tax approach in Canada and the U.S.
  • Establishing a trust in your Will to split investment income with low income beneficiaries
  • Making charitable bequests in your Will
  • Donating publicly traded securities
  • Setting up a professional corporation


Preparing your family for the future

Trusted partners for your trust and estate planning needs

At the heart of an effective and successful estate plan is open communication among everyone involved so that there is an understanding of your intentions and wishes when it comes to you, your family as well as your charitable organizations.

It is not always possible to consider all the situations and decisions that you and your family may face, but by working with an experienced trust and estate solutions team, we can help you articulate and document your thoughts, wishes and goals in an estate plan.

Our goal is to help you by making what can seem overwhelming manageable and give you the reassurance that your estate will be managed as you want it to be.


Planning your legacy

The first stage of estate planning is preparation. We listen to you and create a comprehensive plan that sets out how you will transition your wealth. We also offer guidance on tax strategies to maximize your family’s wealth over time, managing assets, setting up trusts, and developing estate plans that cross jurisdictions.

Plus, we help you answer some common questions such as:

  • How will my wealth and possessions be distributed?
  • Can I preserve even more of my wealth for my heirs with a trust fund?
  • How can I ensure that my financial and digital assets, mementos and heirlooms are easily located?
  • How can I make things easier for my loved ones during what may be a difficult period?
  • Who will ensure that my ultimate wishes are carried out after my death?


Business Advisory & Succession

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, we 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


Professional Athlete Wealth Management

We understand the unique needs of professional athletes

We know that professional athletes and coaches strive to balance the demands of an athletic career, the wealth that can come along with it, and family commitments. Our team of financial professionals provide tailored financial solutions for you that take into consideration your goals, lifestyle and expenses.

We understand that:

  • Peak earnings can occur early in your career
  • Career length is unpredictable
  • Retirement age is below national average
  • You may suddenly be relocated to a different country or city