Advising Actuaries

Actuaries are a large component of our clientele. Meticulous, precise, loyal, detail-minded, and analytical, our team has what it takes to earn their trust and respect.

World-leading money managers

We work with world-class institutional and pension fund investment managers whom we have known for years. Most actuaries, who manage the country’s largest pension plans, don’t get access to these best-in-class global money managers. Through our team, you can access a customized combination of multiple high conviction managers in one account. BMO Private Wealth is one of very few firms that enable such efficient portfolio management on a discretionary basis.

In addition to using some of the best North American and European pension managers, we also partner with external research teams for manager pairings and use their best ideas.

Strategic tax-planning and tax reclamation

Go above and beyond to work with our trusted partners to help with strategic tax planning.

We can navigate complex foreign exchange issues related to your adjusted cost base calculations.

For qualified clients who meet a minimum threshold, we can offer tax reclamation services, working with our external tax partners to get back the excess foreign withholding taxes you have paid on your international dividend-bearing stocks, which can amount to a significant sum.

We can help you to:

  • Optimize the value of your executive compensation and benefits
  • Advise you regarding stock options:
    • Help you manage the tax and cash-flow implications around your performance-based compensation
  • Create thoughtful and complete estate plans:
    • Sell down your corporate shares over time tax efficiently
    • Manage complex family dynamics
  • Understand and manage Canada/US estate and tax matters.
  • Use your share positions to donate appreciated securities to achieve tax benefits and meet your philanthropic goals
  • Set up trusts to bequeath significant wealth for your future offspring. We specialize in helping you determine if trusts are appropriate and in using trusts as an effective tax strategy.
    • An inter vivos trust can be set up when you are alive for assets intended for your spouse and kids, which may be taxed in their hands at a lower tax rate.
    • Our in-house lawyers and accountants can help us create the plan and work with your lawyer and/or your accountant to execute.
    • We work with BMO Trust Co. for those in need of a trustee or an agent to support the trustee named.
    •  If you have offspring in the U.S., a U.S. Dynasty Trust can designate assets to your kids, their kids, their children’s children, and possibly beyond, with tax deferable opportunities.
  • Provide guidance regarding restricted share units (RSUs) when buying and selling securities
  • Issue insider reports to provide trading transparency
  • Manage large, concentrated insider positions tax-effectively
  • Maximize your equity incentives
  • Plan your equity trading
  • Plan pre-liquidity tax strategies
  • Navigate through transitional periods

Advising Corporate Executives

Today’s corporate executives who lead publicly traded companies are often so laser-focused on enhancing their firms’ growth and stability that they have little time to manage their own finances. Our years of experience working with corporate executives gives us a deep understanding of the challenges and opportunities you face.

We can help you to:

  • Optimize the value of your executive compensation and benefits
  • Advise you regarding stock options:
    • Help you manage the tax and cash-flow implications around your performance-based compensation
  • Create thoughtful and complete estate plans:
    • Sell down your corporate shares over time tax efficiently
    • Manage complex family dynamics
  • Understand and manage Canada/US estate and tax matters.
  • Use your share positions to donate appreciated securities to achieve tax benefits and meet your philanthropic goals
  • Set up trusts to bequeath significant wealth for your future offspring. We specialize in helping you determine if trusts are appropriate and in using trusts as an effective tax strategy.
    • An inter vivos trust can be set up when you are alive for assets intended for your spouse and kids, which may be taxed in their hands at a lower tax rate.
    • Our in-house lawyers and accountants can help us create the plan and work with your lawyer and/or your accountant to execute.
    • We work with BMO Trust Co. for those in need of a trustee or an agent to support the trustee named.
    •  If you have offspring in the U.S., a U.S. Dynasty Trust can designate assets to your kids, their kids, their children’s children, and possibly beyond, with tax deferable opportunities.
  • Provide guidance regarding restricted share units (RSUs) when buying and selling securities
  • Issue insider reports to provide trading transparency
  • Manage large, concentrated insider positions tax-effectively
  • Maximize your equity incentives
  • Plan your equity trading
  • Plan pre-liquidity tax strategies
  • Navigate through transitional periods