News Releases

- Assets under management have doubled over the last six months

- Fund an ideal option for investors who are looking to capitalize on a recovering U.S. economy and are seeking high returns with some downside protection

- BMO U.S. High Yield Bond Fund is managed by Monegy, Inc., a boutique high yield portfolio manager within BMO Global Asset Management

- Thirty-five percent of Missourians with $1 million+ in investible assets are women

- Almost two-thirds of the high-net worth in Missouri are self-made

- Education matters: 88 percent hold at least a college a degree; only eight percent state high school is the highest level of education they have completed

- Thirty-eight percent of the state's affluent are women

- Fifty percent of Wisconsin's wealthy are self-made

- Education matters: 71 percent hold at least a college degree

- Ninety-one percent have a bachelors or graduate/professional degree

- Twenty-seven percent of affluent Californians are under 40

- Thirty-seven percent are women

- Across North America, women's wealth is increasing eight percent annually

- Eighty-nine percent of affluent Washingtonians have a bachelors and/or graduate degree

- Almost two-thirds are self made; one-quarter are new Americans

- Ninety-four percent of the high-net worth in the state are over the age of 50

- Seventy percent of high-net worth Illinois residents are self-made

- More than one-third are women; almost 20 percent are under the age of 40

- Twenty-eight percent were either born outside of the U.S. or are first generation Americans

- Education matters: Almost 85 percent hold at least a college degree; only eight percent state high school is the highest level of education they have completed

- Seventy percent of Hoosiers with $1 million+ in investible assets are self-made

- Thirty-three percent of Indiana's wealthy are women

- Fifteen percent are under 40

- Nearly 60 percent of high-net-worth Arizonans are self-made

- 40 percent of Arizona millionaires are women

- 75 percent are 65 years or older

- Nearly 90 percent hold a bachelor or graduate degree

BMO Private Bank Releases Changing Face of Wealth Study

- Sixty-eight percent of high-net worth Floridians are self-made

- The same percentage are at least second-generation Americans

- More than one-third are women, majority are over the age of 65

- Education matters: An impressive 93 percent hold at least a university degree; 66 percent hold a graduate or professional degree

- Only three percent attribute their wealth to an inheritance

- More than one-third of high-net worth Americans are women

- One-third of the nation's wealthy were either born outside of the U.S. or are first generation Americans

- One-quarter are under the age of 40 and more than half have a graduate or professional degree