BMO SmartFolio

BMO Financial Group Announces Executive Appointments

Retrieved on: 
Thursday, October 28, 2021

TORONTO, Oct. 28, 2021 /PRNewswire/ -BMO Financial Group today announced several executive appointments in support of its strategic priorities.

Key Points: 
  • TORONTO, Oct. 28, 2021 /PRNewswire/ -BMO Financial Group today announced several executive appointments in support of its strategic priorities.
  • Deland Kamangawill be appointed Group Head, BMO Wealth Management and join the bank's Executive Committee.
  • He will report to Darryl White, Chief Executive Officer, BMO Financial Group.
  • Sharon Haward-Laird, General Counsel of BMO Financial Group, will be designated as the bank's Executive Committee Sponsor for three areas of focus: Sustainability, the BMO for Women program, and Digital Currency.

BMO Introduces Selfie ID Verification to Enhance the Digital Customer Experience

Retrieved on: 
Wednesday, October 20, 2021

The new capability builds on BMO's Automated Digital Enrolment solution, further providing customers a simple and digital remote onboarding experience.

Key Points: 
  • The new capability builds on BMO's Automated Digital Enrolment solution, further providing customers a simple and digital remote onboarding experience.
  • "Selfie ID provides a convenient, fast and secure digital method for customers to verify their identity without visiting a branch.
  • In addition to Selfie ID and Automated Digital Enrolment, BMO has recently introduced several leading digital experiences, for example:
    BMO has been recognized for its digital innovations with several industry awards.
  • To learn more about BMO mobile banking or to download the BMO banking app, visit https://www.bmo.com/main/personal/ways-to-bank/get-started/mobile/ .

Fidelity Names Joanna Rotenberg to Lead $4.1 Trillion Personal Investing Division

Retrieved on: 
Monday, September 20, 2021

Fidelity Investments, one of the largest and most diversified financial services firms, announced today that Joanna Rotenberg has been named head of its $4.1 trillion Personal Investing division, effective early November.

Key Points: 
  • Fidelity Investments, one of the largest and most diversified financial services firms, announced today that Joanna Rotenberg has been named head of its $4.1 trillion Personal Investing division, effective early November.
  • Rotenberg will report to Abigail P. Johnson, chairman and chief executive officer of Fidelity, and join the Fidelity Operating Committee.
  • Joanna brings to Fidelity a forward thinking, results-driven approach and a passion for the digital experience, said Johnson.
  • Rotenberg accelerated BMO Wealths digitization journeys, including revamping the online investing platform for BMOs direct channel.

BMO's Annual RRSP Survey: Average Account Holdings Increase, While Investor Knowledge of RRSPs Decreases

Retrieved on: 
Wednesday, February 17, 2021

However, findings also indicated a steady decline in knowledge of the benefits and features of the account.

Key Points: 
  • However, findings also indicated a steady decline in knowledge of the benefits and features of the account.
  • The average amount held in RRSPs nationally is $112,295, a 3.3 per cent increase from 2019 ($111,929) and a 41 per cent increase from 2015 ($79,492).
  • With the inherent complexities of RRSPs, professional advice is valuable to help investors meet their long-term financial goals," said Mr. Armstrong.
  • For more information on BMO Registered Retirement Savings Plan Accounts and opening an account, please visit www.bmo.com/rrsp/ .

BMO WealthPath® Launches New Interactive Scenarios For Navigating Change

Retrieved on: 
Thursday, October 8, 2020

TORONTO, Oct. 8, 2020 /CNW/ - BMO Private Wealth is introducing new, interactive client features to its digital, goal-based financial planning platform, BMO WealthPath.

Key Points: 
  • TORONTO, Oct. 8, 2020 /CNW/ - BMO Private Wealth is introducing new, interactive client features to its digital, goal-based financial planning platform, BMO WealthPath.
  • Since launching BMO WealthPath in 2018, Canadians have been able to work with a BMO Private Wealth financial professional to build a visual and interactive goal-based wealth plan based on their current and future financial goals and resources.
  • With BMO WealthPath, clients will now have online access to their plan after it has been developed with their financial advisor.
  • BMO WealthPath users can explore different scenarios to understand how their choices will affect the trajectory of their financial goals.

Forbes names BMO Harris Bank among World's Best Banks 2020

Retrieved on: 
Thursday, June 11, 2020

CHICAGO, June 11, 2020 /PRNewswire/ -BMO Harris Bank has been recognized on Forbes' World's Best Banks 2020 list based on a survey of consumers who ranked banks on key attributes, including trust, fees, digital services and financial advice.

Key Points: 
  • CHICAGO, June 11, 2020 /PRNewswire/ -BMO Harris Bank has been recognized on Forbes' World's Best Banks 2020 list based on a survey of consumers who ranked banks on key attributes, including trust, fees, digital services and financial advice.
  • BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughoutthe United States.
  • For more information about BMO Harris Bank, visit the company fact sheet.
  • BMO Harris Bank is part of BMO Financial Group, a highly diversified financial services provider with total assets ofCDN$987 billionas ofApril 30, 2020.

BMO Insurance Introduces New Investment, Guarantee and No-Load Sales Charge Options on BMO Guaranteed Investment Funds (GIF)

Retrieved on: 
Monday, June 1, 2020

TORONTO, June 1, 2020 /CNW/ -BMO Insurance today announced enhancements to its BMO Guaranteed Investment Funds (GIF), including new investment, guarantee and no-load sales charge options.

Key Points: 
  • TORONTO, June 1, 2020 /CNW/ -BMO Insurance today announced enhancements to its BMO Guaranteed Investment Funds (GIF), including new investment, guarantee and no-load sales charge options.
  • "The recent market correction demonstrates the importance of having a diversified, global investment strategy to grow and protect wealth."
  • BMO Insurance has added two new funds to its BMO GIF portfolio: the BMO Concentrated Global Equity GIF and BMO Concentrated Global Balanced GIF.
  • In addition to its current no-load sales charge option, BMO Insurance is introducing a new no-load sales charge option.

BMO Global Asset Management ETFs and Mutual Funds Awarded A+ Rating by Fundata

Retrieved on: 
Friday, January 24, 2020

The prospectus of the BMO ETFs contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and any related BMO ETFs.

Key Points: 
  • The prospectus of the BMO ETFs contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and any related BMO ETFs.
  • Commissions, management fees and expenses (if applicable) all may be associated with investments in mutual funds and ETFs.
  • BMO Mutual Funds are offered by BMO Investments Inc., a financial services firm and separate entity from Bank of Montreal.
  • BMO ETFs are managed and administered by BMO Asset Management Inc., an investment fund manager and portfolio manager and separate legal entity from Bank of Montreal.

BMO Investments Inc. Announces Changes to the BMO Global Diversified Fund

Retrieved on: 
Monday, November 18, 2019

TORONTO, Nov. 18, 2019 /CNW/ - BMO Investments Inc. ("BMOII"), the manager of the BMO Global Diversified Fund (the "Fund"), today announced a new series launch, management fee reductions to certain series of the Fund and a portfolio manager change for the Fund.

Key Points: 
  • TORONTO, Nov. 18, 2019 /CNW/ - BMO Investments Inc. ("BMOII"), the manager of the BMO Global Diversified Fund (the "Fund"), today announced a new series launch, management fee reductions to certain series of the Fund and a portfolio manager change for the Fund.
  • In addition, the Fund's name changed to BMO Concentrated Global Balanced Fund and its investment strategies changed.
  • BMO Global Asset Management is a brand name that comprises BMO Asset Management Inc., BMO Investments Inc., BMO Asset Management Corp., BMO Asset Management Limited and BMO's specialized investment management firms.
  • BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank of Montreal.

BMO Private Investment Counsel Inc. Announces New Sub-Advisor for BMO Private U.S. Equity Portfolio

Retrieved on: 
Friday, July 5, 2019

TORONTO, July 5, 2019 /CNW/ - BMO Private Investment Counsel Inc. ("BPIC"), the investment management arm of BMO Private Banking and the manager of BMO Private U.S. Equity Portfolio (the "Portfolio"),today announced the appointment of a new sub-advisor for the Portfolio.

Key Points: 
  • TORONTO, July 5, 2019 /CNW/ - BMO Private Investment Counsel Inc. ("BPIC"), the investment management arm of BMO Private Banking and the manager of BMO Private U.S. Equity Portfolio (the "Portfolio"),today announced the appointment of a new sub-advisor for the Portfolio.
  • Effective on or about July 19, 2019, Vontobel Asset Management, Inc. will be appointed as a new sub-advisor of the Portfolio.
  • BMO Asset Management Corp. will continue to act as a sub-advisor to the Portfolio.
  • There will be no change to the Portfolio's fundamental investment objective or to its investment risk rating as a result of the appointment of the new sub-advisor.