BMO Harris Private Banking today announced that it has relocated its downtown Montreal office to 1250 René Lévesque Ouest to help deal with the firm’s rapid growth.
Occupying more than 28,000 square feet, the prestigious new office location on the 46th floor is 50% larger than the former one. It follows BMO Harris Private Banking’s rapid growth in greater Montreal in the past two years, during which its staff doubled in size.
“In our new office with its state-of-the-art design and technology, we’ve brought together a team of seasoned professionals whose diverse expertise and dynamism set them apart,” says Yannick Archambault, vice president and managing director, Quebec, BMO Harris Private Banking.
“We are able to offer individuals and families a comprehensive range of wealth management strategies and solutions that cover the disciplines of banking, investment management, estate and trust, and wealth planning as well as philanthropic services and business transitioning,” he explains.
Archambault notes that the affluent, high-net-value population in Quebec is expected to increase by about 65% between 2009 and 2018, and that BMO Harris Private Banking expects to grow its client base approximately 20 to 25% a year.