Wealth Management for Medical Professionals

Finding the delicate balance of career, family, and your future. As a physician or other medical professional, you’ve worked hard to get where you are, and you continue to work hard each day to help others. We understand that you have multiple priorities including your career, family, and dedication to future aspirations.

BMO offers:

  • An integrated wealth management plan tailored to your goals
  • An experienced team of specialists dedicated to medical professionals
  • A robust selection of services to help fulfill your complex needs

 

Contact Us

 

We understand how to manage business and personal finances

We value the time and effort that you’ve put into attaining your professional status. Our expertise will help ensure that you can focus on your priorities while we practice what we do best and forge an ideal advisory relationship. We’re here to help take care of your practice and family.

 

Wealth Planning and Investment Management

  • Customized wealth plan tailored to your financial goals
  • Personalized investment management services
  • Access to a range of investment products and solutions

 

Tax Planning

  • Customized, tax-efficient strategies
  • Guidance to help navigate through various stages of life and career

 

Estate Planning and Trust Services

  • Expert guidance in managing complex estates
  • Succession planning and intergenerational wealth transfer

 

Incorporation

  • Advice around incorporating your business
  • Insights into starting a private practice or creating your own company

 

Private Banking

  • Cross-border banking and mortgage services
  • Investment-secured, debt-leveraged solutions and complex credit structuring
  • Traditional banking, payment solutions and custom lending strategies

 

Philanthropic Services

  • Dedicated philanthropic and legacy planning
  • Creation and administration of private foundations
  • Guidance with tax-efficient strategies for charitable giving

 

Succession Planning

  • Business valuation and succession
  • Assistance with family and business governance matters
  • Expertise in asset protection strategies

 

Insurance

  • Individual disability income protection insurance
  • Critical illness, job loss and life insurance

 

Wealth advice for each stage of your medical career 

 

Medical school is an exciting time but may come with some financial challenges.

Your needs may include:

  • A line of credit to help pay for medical school
  • Budgeting tools
  • Insurance
  • A credit card

 

 

 

It’s all a balancing act: your short-term and long-term goals, a busy schedule, and the start of your professional career.

Your needs may include:

  • Paying off school debt
  • Insurance
  • Wealth planning
  • Investing
  • Buying your first home
 

Your healthcare practice is an accomplishment of your goals. This is the time when you’ll have the most choices to make in both your personal and professional life.

Your needs may include:

  • Wealth planning
  • Tax management
  • Retirement planning
  • Incorporation

 

 

 

A new financial journey begins the day you retire. The right retirement strategy is crucial for you to make the most of this time.

Your needs may include:

  • Tax-efficient retirement
  • Estate and trust planning
  • Volunteer causes

 

Why medical professionals choose us?

With over 200 years of experience, BMO has a proven track record. Our dedicated team of specialists understand the complex needs of medical professionals and will create a tailored plan that helps create the necessary environment to support your personal and business financial success.