Tel: 519-886-3605


BMO Nesbitt Burns
20 Erb St W
3rd Floor
Waterloo, ON
N2L 1T2

Contact Us

Our Process

Wealth Management Process
To provide you with wealth management, we follow a disciplined process designed to keep you on-track to achieving your goals. This process keeps everyone focused on what’s important – helping you live life the way you want.

Step 1: Introduction
>Introduce you to the unique wealth management process that every one of our clients benefits from.
>Introduce our wealth management team and the services we provide to ensure the success of our clients’ financial plans.
>Explain fully the services included in your fee.

Step 2: Discovery
>Gather important financial information – tax returns, statements, etc.
>Discuss and clarify your financial goals.
>Understand your individual needs, goals and circumstances.

Step 3: Documentation
>Sign appropriate BMO Nesbitt Burns account opening documents and provide all pertinent account agreement guidelines.
>Prepare various transfer documents.
>Set up access to our security-protected online account viewing.

Step 4: Create Your Financial & Investment Plan
>Provides the basis for developing your roadmap for the future.
>Analyze financial and personal information.
>Present and explain the different strategies appropriate for you.
>Provide custom-tailored solutions based on our understanding of your situation.
>Implement specific action plans to achieve your goals.
>Structure your investments tax-efficiently and to optimize the risk/reward balance.

Step 5: Will & Estate Review
>Complimentary review service available for clients with investments in excess of $750,000.
>Estate and tax review by our Will & Estate consultant.
>Helps to identify any opportunities to maximize wealth in your estate.
>Provides a comprehensive report for you to review with your legal counsel, outlining concepts and strategies we may recommend.
>Includes a checklist for updating your Will or Power of Attorney.

Step 6: Insurance Review & Family Wealth Transfer
>Professional insurance consultant with extensive estate planning expertise.
>Review your current life and disability insurance needs and coverage.
>Recommend insurance-based wealth protection, income replacement or wealth transfer strategies.

Step 7: Review Other Financial Planning Strategies
>Introduce experts from our professional network as required.
>Tax accountants, actuaries, bankers, etc.
>Create and implement advanced strategies including Individual Pension Plans, corporate estate freezes, income-splitting strategies, estate tax planning, as well as personal and business tax planning

Step 8: Service
>Provide ongoing and regular reviews.
>Ensure your plan is achieving the financial goals and objectives identified specifically for you.
>Identify and present new strategies that may be appropriate for your changing needs.

Step 9: Client Events
>Invitations to our complimentary client education seminars.
>Sign up for our monthly e-newsletter.
>Exclusive invitation to our client appreciation events.