Helping small business owners to preserve,  grow and transfer their wealth

Before advising you, we will get to know you and your family, business, needs, goals, financial situation, time horizon, fears, and liabilities. We will learn what drives you and your company, your vision of the ideal retirement, and your lifestyle priorities.

 

Then, our team can help you to structure a business and investment plan based on your unique operation, estimated production, quotas, growth objectives, urgent imperatives, risks, and priorities.

 

Invest your reserve funds

We can help you to:

  • Invest the reserves in your holding or operating companies or professional corporation, working strategically to achieve your growth targets.
  • Select investments to generate a regular income stream and keep cash on hand to buy stocks at bargain prices if markets turn volatile.
  • Help you draw money from your holding or operating companies tax-effectively.
  • Guide you to manage other complex business challenges.

 

Reduce your tax burden

We can help you to:

  • Collaborate with your accountant to assess the net impact of your investments and wealth plan from a tax standpoint.
  • Structure your company and its shares to maximize your tax planning and maximize legal tax optimization strategies.

 

Minimize risk

We can help you to:

  • Protect you, your family and business by reducing your exposure to equity market volatility by diversifying your capital across a range of assets classes rather than relying on the sale of your business alone for retirement income.

 

Manage cash flow

We can help you to:

  • Ensure liquidity for the company’s daily operations and growth trajectory.
  • Help manage cash flow between corporate, personal and trust accounts.
  • Deliver digital banking with extensive reporting and information at your fingertips 24/7, including balance and transaction reports, mobile alerts and electronic statements, as well as access to your accounts through our mobile app.
  • Help you choose the right mix of depository solutions – whether you require operating or investment cash accounts, we offer a full range of deposit and liquidity services.

 

Implement treasury and payment solutions

We can:

  • Create a custom treasury, payments and liquidity package tailored to your unique needs and vision for your business in the future.
  • Facilitate cross-border receivables/payments.
  • Help to enhance your payment strategies and cost savings.
  • Ensure digital payment efficiencies, account tracking, and fraud mitigation.

 

Do both personal and commercial banking under one roof

We can:

  • Provide professional credit solutions to help you manage your family and business banking at the same firm (e.g., finance your business and the building in which it operates and obtain your family’s mortgage and line of credit).
  • Connect you with the right financing opportunities: Business Banking (below $1M), Commercial Banking ($1M to $10M) and Corporate Finance ($10M+).

 

Plan a smooth succession

We can:

  • Determine how much you need to save to be able to retire.
  • Provide estate equalization solutions when some of your offspring are involved in your business and others are not.
  • Partner with BMO Private Wealth business succession planners, estate planners and business valuation experts to help you find the right buyer if you’re not transferring to family.
  • Plan a smooth succession to maximize your return on all your sweat equity.
  • Create a reliable income stream from your portfolio for retirement following your liquidation event.
  • Transfer your wealth to your heirs tax-efficiently.