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I'm overloaded and have no time. Help me consolidate and manage my wealth.
Evelyn is a busy 46-year-old senior executive with a company that specializes in natural resource exploration. She travels extensively on business and sits on several boards. Until recently, Evelyn had investments at several financial services firms and brokerages. She was overwhelmed by the number of financial statements she received and frustrated because they did not provide her with a sense of her entire financial picture. She was also concerned about managing her investments and ensuring they achieved the growth necessary to achieve her goals.
Now, after meeting with a Private Banker at BMO Harris Private Banking, Evelyn finds that her life is simpler. The Private Banker listened to her concerns and responded by assembling a team of experts. They created a customized financial plan that consolidated her investments, integrated sophisticated tax planning and established her financial goals, objectives and risk tolerance. A cornerstone of Evelyn’s plan is an Investment Administration Account. Through this account, BMO Harris Private Banking professionals pay her bills, keep her mortgage payments up-to-date, manage her investment portfolio and manage the day-to-day administration of her finances. She receives a consolidated statement of all her investment accounts on a single statement, which saves her time and provides her with peace of mind. Evelyn no longer needs to visit her bank branch at all, as her Private Banker takes care of all her banking needs. She is now considering further diversifying her holdings and buying a vacation property for more leisure time. Her Private Banker has suggested ways to lever her existing assets to expand her portfolio and accommodate a second home on the beach.
The characters in this scenario are fictional. Any similarities between them and any real person is strictly coincidental.
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