Home Breadcrumb caret Industry News Breadcrumb caret Industry BMO Financial Group creates BMO Private Wealth Canada and Asia Private banking and full-service brokerage unite By Staff | January 15, 2019 | Last updated on January 15, 2019 1 min read 123RF BMO Financial Group has unified its private banking with its full-service brokerage, the firm said Tuesday. BMO Private Wealth Canada and Asia unites BMO Private Banking and BMO Nesbitt Burns under one leadership team. Andrew Auerbach, currently head of BMO Nesbitt Burns, will lead BMO Private Wealth Canada and Asia, says a release. “We are staying ahead of clients’ evolving needs, and delivering best-in-class advice for high-net-worth families—providing an integrated, team-based experience in a range of specialized areas,” said Joanna Rotenberg, group head at BMO Wealth Management, in the release. The BMO Private Banking and BMO Nesbitt Burns brands will continue to be used for clients, says the release. BMO’s Canadian Private Wealth business will also continue to build on its linkage with BMO’s Private Bank in Asia, to support Asian clientele. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo