News Releases

Two new managed investment solutions designed to provide diversified market and asset exposure, each through a series of six risk-differentiated portfolios

- BMO Preferred Share Fund is designed to generate regular income from a high demand asset class

- BMO Tactical Dividend ETF Fund is a low-cost, globally diversified ETF-based investment for investors who are seeking income and growth

- Expansion of U.S. dollar lineup provides further access to the U.S. market

Individuals should consider "enhanced" estate planning to address the potential emotional impact on family and beneficiaries

- Four-in-ten Canadians are confident they could cover all of their medical costs incurred abroad without the help of travel medical insurance

- Estimated medical costs abroad could run as high as US$20,000 to fix a broken leg in Florida or US$40,000 for decompression sickness treatment in Thailand

- More than 40 per cent of married couples concede that they have different investing styles

- An overwhelming 98 per cent of couples believe spouses should be on same page financially, yet fewer than half of engaged couples have had a detailed discussion about their finances

- B.C. investors edge out Alberta's for highest score on BMO Nesbitt Burns' Savviest Investor Index

- Study finds 84 per cent of Canadians are generally confident that they're managing their investments well; however, many don't have a financial plan, know their investor profile or what investments they hold

- An investment advisor can help with managing your portfolio, creating a written financial plan and providing other advisory services such as insurance, business succession planning and tax & estate planning

- BMO ETFs led Canadian ETF industry in growth in 2011 and 2012; its line-up currently consists of 55 ETFs designed to address key investor needs

- BMO Financial Group is now a leading provider of ETFs listed in U.S. dollars in Canada; offerings allow investors more choice in how they access different asset classes

- BMO Asset Management Inc. recently launched seven innovative new ETFs designed to help investors construct their portfolios more effectively

- New office located at 3985 Highway 7 provides wealth management services to affluent clients in four different languages

- According to a recent BMO survey, almost half of high-net worth Ontarians were either born outside of Canada or are first generation Canadians

- BMO Harris Private Banking named the Best Private Bank in Canada for 2013 by Global Banking and Finance Review

- Demand from China and United Arab Emirates supporting expansion, but competition heating up from industry entrants

- North American industry accounts for $200 billion in annual revenue

- Australia leads the world in money invested in managed funds per capita

- Australia's pension system is now the fourth largest in the world

- Opening of new office will provide Australians with greater access to BMO's world class team of asset managers

- BMO Global Asset Management's presence in Australia will be led by Ravi Sriskandarajah, who brings more than 15 years of asset management experience to the role

- Almost eighty percent of wealthy Minnesotans are self-made, one of the highest percentages in the country

- Eighty-five percent hold a college degree

- Forty percent of Minnesota's affluent are women

- 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

- Atlantic Canada has the highest percentage of self-made millionaires in Canada

- The region also has the highest percentage of wealthy women in Canada

- Education matters: More than three-quarters of the region's affluent have at least a university undergraduate degree

- Almost half of high-net worth Ontarians were either born outside of Canada or are first generation Canadians

- More than one-third of Ontario's wealthy are women

- Sixty-four per cent are self-made millionaires

- Education is key: 77 per cent hold at least a university a degree; just 14 per cent have a high school diploma or less

- Thirty-six per cent of affluent Albertans are women

- More than two-thirds of high-net worth individuals in Alberta are self-made

- Education pays: 78 per cent hold at least a university degree; only 11 per cent have a high school diploma or less

- Sixty-eight per cent of high-net worth British Columbians were born outside of Canada or are first generation Canadian

- Nearly three quarters of the wealthy in B.C. are self-made millionaires

- Majority of the wealthy are over the age of 50

- Ninety-two per cent of high-net worth individuals in Quebec have completed a graduate, professional or undergraduate degree, compared to 80 per cent nationally

- Nearly two-thirds of millionaires in Quebec are self-made

- Forty-four per cent were either born outside of Canada or are first generation Canadian

- Two-thirds of affluent Canadians are self-made millionaires

- Almost half of Canada's wealthy are either immigrants or first generation Canadians versus only one-third in the U.S.

- One-third of high-net worth Canadians are women, compared to 21 per cent in 2010

- Education Matters: 80 per cent have at least an undergraduate university degree

- U.S. millionaires tend to be younger than Canada's

- However, Canadian economy will likely lag that of the U.S. over the next year

- Gold prices drop, but still overvalued

- U.S. equity markets continue upward trend

- Return on bonds driven more by term exposure than by credit type

- Canadians plan on spending an average of $3,073 on vacations between May and September

- Top vacation concerns include: requiring medical attention, bad weather and losing something of value

- Only half regularly purchase travel insurance before leaving home

- Cost of a broken leg can cost up to US$20,000 in the U.S.; an air ambulance trip from Florida to Ontario can run up to US$15,000

- Young and Connected: Eighty-one per cent of Canadians between the ages of 18 and 34 see themselves investing online in the next five years

- Percentage of online investors could more than triple within the next decade

- Majority of Canadians spend at least 30 hours per week online

- Top current online activities include browsing the news, personal banking and keeping in touch with family and friends

- BMO InvestorLine offers two unique online investing services to help different types of investors get started

- BMO's studio branch opens within Pointe-Nord condo building to provide customers with convenient location

- Studio branch concept features an open layout, customer meeting spaces and free WiFi connectivity

- BMO branch represents a $450,000 investment in the community

- Offering customers extended banking hours, including Saturdays

Donation to fund entrepreneurship professorship, 210 scholarships and program development