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BMO InvestorLine Named Best Canadian Online Brokerage by Surviscor

Surviscor award comes just weeks after BMO InvestorLine ranked #1 in client satisfaction by Ipsos Reid

TORONTO, ONTARIO--(Marketwired - Oct. 22, 2013) - BMO InvestorLine has been named the 'Best Online Discount Brokerage Firm in Canada' by Surviscor's Online Discount Brokerage scorCard, a semi-annual, impartial assessment of online features and functionality at Canadian online discount brokerage institutions. BMO InvestorLine received three category honours, including the top scores in the 'Getting Started', 'Account Services' and 'Website Transactions' categories.

This recognition comes on the heels of the latest Ipsos Reid Discount Brokerage Report, which ranked BMO InvestorLine ahead of its peers in client satisfaction and the ability to meet client needs.*

"To be acknowledged by Surviscor as the top ranked online brokerage in Canada is exciting and further validates our continued commitment to providing the best client experience," said Viki Lazaris, President and CEO, BMO InvestorLine. "We are continually striving to improve, whether through ongoing enhancements to our award-winning Self-Directed service or by introducing market-leading services - such as adviceDirect - to ensure we are able to meet the evolving needs of online investors."

The recognition by Surviscor comes as BMO InvestorLine celebrates its 25th anniversary of providing Self-Directed investment service to Canadians and the one-year anniversary of adviceDirect - a ground-breaking and personalized service that provides online investing advice. adviceDirect puts investors in control by providing specific buy and sell recommendations to help them manage their portfolios and feel more secure in their decisions.

About the Surviscor scorCard

For eight years, Surviscor Inc. has been a Canadian leader in the analysis and ranking of Canadian online services offered to retail consumers. The Surviscor Online Discount Brokerage scorCard simulates customer usage and measures over 3,500 objective criteria within multiple service categories, each weighted according to an industry-defined level of importance.

"The Canadian online brokerage industry continues to grow, improve and evolve with the variety of products and services offered," said Glenn LaCoste, President of Surviscor Inc. "In such a highly competitive market, we congratulate BMO InvestorLine for topping our list this year and wish them the best in the future."

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About BMO InvestorLine

BMO InvestorLine is an online investing service that provides clients with two ways to invest online. Clients can choose from BMO InvestorLine's top ranked Self-Directed service that provides tools to help investors make independent decisions on how to invest. BMO InvestorLine's other service, adviceDirect™ provides investors with online advice and investment recommendations for their portfolios. Clients have access to trading, quotes and account information 24 hours a day through a website, mobile or Automated Telephone Trading. BMO InvestorLine also provides users with third party research, along with leading edge tools that are informative and easy to use. As an all-in-one investment source, it is a constantly evolving, cost-efficient platform that is fully compatible with tablets.

About Surviscor Inc.

Surviscor Inc. is a Canadian leader in the analysis and ranking of Canadian online services offered to retail consumers. Surviscor produces seasonal feature and functionality audits, including its prominent Online Banking and Mobile Banking scorCards. All studies and analyses serve as industry benchmarks for consumers and industry participants by identifying online offerings considered to be leading-edge as compared to the industry standard.

*BMO InvestorLine ranked directionally higher than the other Top 4 Banks.

BMO InvestorLine Inc. and BMO Ligne d'action Inc. provide this commentary to clients for informational purposes only. The information contained herein is based on sources that we believe to be reliable, but is not guaranteed by us, may be incomplete or may change without notice. The comments included in this document are general in nature, and professional advice regarding an individual's particular position should be obtained.

An adviceDirect account is a non-discretionary fee based account which offers investment recommendations. adviceDirect does not provide portfolio management by a portfolio manager. The client makes their own investment decisions and manages their own investment portfolio. adviceDirect does not offer discretionary, managed accounts.

BMO InvestorLine Inc. is a member of BMO Financial Group.

® Registered trade-mark of Bank of Montreal, used under licence. BMO InvestorLine Inc. is a wholly owned subsidiary of Bank of Montreal Holdings Inc. Member - Canadian Investor Protection Fund and IIROC.

For further information:
Media contacts:
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Valerie Doucet, Montreal

Laurie Grant, Vancouver