What We Do
We challenge successful Canadian families to take action on what’s important to drive exceptional outcomes today and through times of transition.
BMO Harris Private Banking is a leader in providing integrated services to Canada’s affluent families at all stages of their lives. The successful management of wealth requires a coordinated approach by a team of experienced professionals. We offer a comprehensive range of wealth management strategies and solutions covering the disciplines of banking, investment management, estate and trust and wealth planning.
How we work with you
At BMO Harris Private Banking, we believe that our clients are in the driver’s seat. You earned your wealth, you know what’s important to you and your family . . . you’re in charge. Our role is to co-pilot, helping you navigate as you plan your future.
The way many banks and financial institutions describe their process of working with clients makes it sound like a one-time event, with rigid steps. It seems like you’ll be put through some kind of assessment. We think that places too much emphasis on what they want and not enough emphasis on what you want and need.
So, we like to describe our process more as your process, hoping you’ll help us customize it to reflect your priorities, timing preferences, and personal style. More importantly, because we’re interested in building a long-term relationship with you, we prefer to follow a four-step approach that requires a check-up at least once a year.
Our Four-Step Process:
1. Tackle the critical stuff first – most new clients have an urgent need or a nagging problem they hope we can solve better than anyone else. We’re confident we can, so we start with that. Then we challenge you to delve deeper.
2. Articulate what’s important to you – to help you make the most of the opportunities your wealth offers, we’re going to ask you to think hard about what’s important to you. Next we’ll help you build a plan that protects and enhances whatever you’ve given top priority, and we’ll rally our best people around you to make it happen. We begin with not-so-basic questions to open this discussion. We also think it’s critical to explore the same questions each year. Your life, your worries, and your goals aren’t static; let’s make sure your wealth plan isn’t either.
3. Take action – articulating what’s important will lead us to building a plan. We’re different than our competitors because our experts will not only help you build this plan, they’ll execute it by bringing all the right disciplines together. And, if you have other advisors you want involved, our team will integrate them into the plan.
4. Repeat, revise, repeat again – a plan is dated the day we stop revising it. Your plan must keep up with the changes in your life. We’ll challenge you to revisit your plan regularly, using our questions to determine what’s changed, if anything, in your priorities, sense of wellbeing, and assumptions. We encourage you to keep these questions at hand and check in with us when you reach a new milestone, or whenever something significant alters your financial point of view. That way, we can continue to deliver value on your terms.
Meet with us
Would you like to learn more? There are three easy ways you can contact one of our private banking professionals today.