Before we make recommendations regarding your investments or wealth planning, we will devote the time to get to know you and your family, business or practice in depth. Once we have a sound understanding of your goals, needs, fears, wealth structure, time horizon, liabilities and preferences, we are well positioned to build a tailored portfolio and comprehensive Wealth Plan to address them. We are also available to help you make pragmatic financial decisions that can help you achieve your vision of success.
After working to understand your short- and long-run goals, we will collaborate with a passionate, experienced team of BMO Private Wealth specialists to create your customized and complete wealth plan. Together, we will advise you regarding tax considerations, create trusts if required, and help you plan and protect your estate and legacy.
Our broad network of BMO Private Wealth subject matter experts brings you tremendous financial bench strength:
We will also work closely with your own lawyer or accountant – or we can recommend a trusted professional if needed – to ensure that you receive streamlined, coordinated and tailored retirement, estate and tax planning services.
With the specialized assistance of our BMO Private Wealth partners, we can add significant value when helping you and your loved ones to prepare for major milestones or manage periods of transition; for example, when you:
Our team will constantly adjust your plan and banking services to external conditions and life transitions to ensure your goals are proactively, strategically managed.
We can help you to plan astutely so you can live the retirement you envision. This involves more than simply setting aside enough money to last 30 years or more.
We will:
You’ve accumulated substantial wealth over the years. Working together with our trusted partners at BMO Estate & Insurance Advisory Services, we can recommend strategies to help you preserve and enhance your wealth before, during and after retirement and then transfer it tax-efficiently to your loved ones.
We will collaborate with you to help in context of your overall wealth management, whether you’re focused on:
We can help you to make a real difference in the world and experience the personal rewards of shaping your legacy by:
Through our strategic, process-driven approach, we will help you to translate important personal values into a philanthropic investment in an organization or cause that resonates with your beliefs.
Giving through a private foundation
A private foundation is the most highly structured and personal form of long-term giving, and the best suited for strategic philanthropy. Our team can help with all related tasks, including Canada Revenue Agency charity returns, meeting preparations, recipient charities and tax compliance issues.
The BMO Charitable Giving Program
This program lets you contribute to a donor advised fund administered by the Charitable Gift Funds Canada Foundation and managed by BMO Nesbitt Burns. This Foundation is an independent, non-profit charitable organization and is registered as a public foundation with the Canada Revenue Agency. That means you receive cost-efficient and tax-maximizing benefits.
The BMO Charitable Giving Program gives you flexibility in how you manage and execute your charitable giving strategy in a cost-effective manner. You save time because you leave all the administrative responsibilities to the program’s charitable partner, Gift Funds Canada. You’re relieved from the responsibilities of managing, reporting and making distributions to your qualified charitable beneficiaries.
Define your short- and long-term goals.
Allocate your assets according to your profile and market conditions.
Build an optimized, resilient, risk-adjusted, balanced portfolio and Wealth Plan.
Transition to an income-generating portfolio in retirement.
Design a tax-efficient estate.
Plan proactively for major purchases or expenses.
Stay up-to-date on the latest tax regulations, industry reforms and global influences.
Manage multigenerational wealth family planning for your evolving needs.
Whether you are a conservative or a growth-oriented investor, and whether you are at the pre-retirement or post-retirement stage, we will design a prudent investment plan that best suits your needs. At BMO Private Wealth, we have the ability to build a portfolio that is customized to suit your needs no matter how complex and sophisticated they may be.
MEET and DISCOVER. We will meet with you to gather your information – your goals, priorities, fears, dreams, wealth structure, time horizon, risk tolerance, and family. We will identify where you stand and where you want to be, help you identify the steps to get there, address any immediate concerns, and prepare for potential challenges down the road.
PLAN. We will design a plan in line with your objectives, risk tolerance, preferences and priorities following an unbiased strategy. The most important part of our role is coordinating a team of professionals to help you reach your financial goals so you can focus on what matters the most – you and your family.
MONITOR and REVIEW. After the plan has been implemented, we will meet with you regularly to review any changes in your life or the markets and ensure that you are on target to meet your goals.
ADJUST AS NECESSARY. If any changes are required, we will provide recommendations to maintain your overall objectives and risk tolerance levels.
EVOLVE THE PLAN AS YOUR LIFE CHANGES. We will stay in touch to remain informed of any important shifts in your priorities or goals. As you become empty nesters, we will help you pay down your mortgage and guide you through the transition into retirement with increasingly prudent, income-generating investments.
PROVIDE ONGOING GUIDANCE and ADVICE. Going beyond your portfolio and Wealth Plan, we are here to help with whatever financial decisions you’re facing.
We involve the whole family in the wealth management process to help everyone both financially and personally. When sons and daughters join the conversation, everyone is informed and engaged as a household. While everyone has their own goals and their own portfolio, all family members share access to our strategies, expertise and fees and we promote good communication and transparency among family members.
Working with a passionate, experienced team of BMO Private Wealth specialists, we will create your customized and complete Wealth Plan. After working to truly understand your short- and long-run goals, together we will advise you regarding tax considerations, create trusts if required, and help you plan and protect your estate and legacy. Our broad network of BMO Private Wealth subject matter experts brings you tremendous financial bench strength:
Our team will constantly adjust your plan and banking services to external conditions and life transitions to ensure your goals are proactively, strategically managed. This saves you time and worry when making important decisions. You know your financial affairs are in order and will remain on track to reach your goals throughout your life – the ultimate benchmark of success.
After building a practice or company for many years, stepping away can be psychologically difficult for professionals who have long been driven and defined by their work. We can help you retire successfully by providing support and coaching you through the major transition both financially and emotionally.