SOURCE: BMO Global Asset Management

January 16, 2014 10:00 ET

BMO Retirement Services Expands Capabilities With Cross-Border Platform

BMO Now Provides Corporate Retirement Services to Companies With Operations in Both the U.S. and Canada

CHICAGO, IL--(Marketwired - Jan 16, 2014) -  BMO Retirement Services, a division of BMO Global Asset Management, today announced the rollout of its integrated cross-border retirement services platform, with capabilities to serve clients who have a presence in both the U.S. and Canada.

"Our distinctive trust-based model, along with our cross-border focus on good plan governance, fee transparency, high-touch service and member education, allow us to support our clients' overall business strategy, while providing them the ease and consistency of working with a single provider," said Matt Smith, Managing Director, BMO Retirement Services, North America.

BMO Retirement Services also announced that international firm Zoeller Company, the oldest independently-owned sump pump manufacturer in the U.S., will be its first client to take advantage of the new offering. BMO had been providing Zoeller employees with corporate retirement services in the U.S. Moving forward, BMO will be bringing consistent retirement benefits to Zoeller's employees in Canada as well.

"We are very pleased to welcome Zoeller as a cross-border client," added Mr. Smith. "Our strongest client relationships develop from working with companies that share a similar philosophy regarding employer-sponsored retirement plans -- helping people achieve retirement security. Companies who have employees in both the U.S. and Canada often wish to have a similar approach to their retirement programs in both countries. BMO Retirement Services is uniquely positioned to provide that experience."

By partnering with BMO Retirement Services, Zoeller can now manage the retirement plans of their employees in the U.S. and Canada consistently through a single recordkeeper -- a benefit many plan sponsors are seeking.

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About BMO Retirement Services
BMO Retirement Services is an integral part of BMO Global Asset Management and a premiere, award-winning provider of retirement services. We have been recognized as a national provider of both defined contribution recordkeeping and defined contribution investment-only services by the National Association of Plan Advisors.

BMO Global Asset Management provides holistic, solution-driven services to our institutional and high-net-worth clients. With a 40-year legacy of fiduciary service -- and goal of promoting retirement readiness to our more than 500,000 participants in over 1,000 retirement plans -- our clients include retirement plans, Taft-Hartley funds, government and public funds, not-for-profit organizations and family offices. BMO Global Asset Management's commitment to service excellence has led us to be recognized by Pension & Investments as one of the Top 100 largest asset managers.

We are a part of BMO Financial Group (NYSE: BMO), a fully diversified financial services organization with CA$537 billion total assets and more than 45,000 employees as of October 31, 2013.

BMO Retirement Services is a part of BMO Global Asset Management and a division of the BMO Harris Bank N.A., offering products and services through various affiliates of BMO Financial Group.

BMO Global Asset Management is the brand name for various affiliated entities of BMO Financial Group that provide investment management, retirement, and trust and custody services. Certain of the products and services offered under the brand name BMO Global Asset Management are designed specifically for various categories of investors in a number of different countries and regions and may not be available to all investors. Products and services are only offered to such investors in those countries and regions in accordance with applicable laws and regulations. BMO Financial Group (NYSE: BMO), is a service mark of Bank of Montreal (BMO).

All investments involve risk, including the possible loss of principal.

Investment products are: Not FDIC Insured | No Bank Guarantee | May Lose Value

©2013 BMO Financial Corp.

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