BMO Financial Group Rebrands Its U.S. Private Bank

CHICAGO, Nov. 1, 2012 /PRNewswire/ -- BMO Financial Group today announced the re-brand of its U.S. private bank. The new BMO Private Bank combines Harris Private Bank and part of M&I Wealth Management.

"Since 2010, we've almost doubled the size of our private banking presence in the United States," said Terry Jenkins, President and CEO, BMO Private Bank, U.S. "The new brand reflects this expanded presence and our ability to deliver a superb client experience and tailored proactive advice, all backed by the global reach and expertise of BMO Financial Group."

Jenkins noted that the introduction of the new brand builds on the integration of M&I Wealth Management and other key acquisitions such as Stoker Ostler Wealth Advisors, a large independent advisory firm in the Scottsdale, Arizona area.

BMO Private Bank's high net worth business has been ranked 12th largest in the U.S.1 The ultra high net worth business, under Harris myCFO®, has been ranked among the top five.2 BMO Private Bank's presence now expands across 13 states, employing more than 1,250 professionals based out of 57 offices.

Jenkins concluded, "We have a strong presence in the Midwest and in other key wealth markets – such as Arizona and Florida. We're continuing to attract top talent, and we're very excited about the value proposition that we offer to advisors. Whether you're in Seattle or Sarasota, Chicago or Phoenix, BMO Private Bank's people provide a consistent approach – providing our clients with the same superb experience wherever they are."

For more information about BMO Private Bank, please visit:

About BMO Private Bank, a Part of BMO Financial Group:
BMO Private Bank offers a comprehensive range of wealth management services that include investment advisory, trust, banking and financial planning to meet the financial needs of high net worth clients. Through integrated teams of experienced financial professionals, BMO Private Bank helps its clients realize their financial and lifestyle goals with solutions that are custom tailored and delivered with the highest level of personalized service.

BMO Private Bank is a brand name used in the United States by BMO Harris Bank N.A. Member FDIC.

Harris myCFO and Harris myCFO® are brands delivering services through Harris myCFO, LLC an investment advisor registered with the Securities and Exchange Commission; certain divisions of BMO Harris Bank N. A. a national bank with trust powers; and BMO Delaware Trust Company, a Delaware limited purpose trust company.

Stoker Ostler Wealth Advisors, Inc. is an SEC-registered investment advisor.

Not all products and services are available in every state and/or location.

1 Based on total AUM of investment accounts of $5MM+, Barron's Research ranking Dec 2011
2 Based on assets under advisement, Family Wealth Alliance ranking 2011

SOURCE BMO Harris Bank