BMO Global Asset Management rebrands business lines
11 September 2012 Chicago, Illinois
Image: Shutterstock
The three primary business lines of M&I Institutional Trust Services have been rebranded to reflect their integration into Canadian firm BMO Global Asset Management.
M&I Institutional Trust Services used to be a unit of BMO Harris Bank affiliate Marshall & Ilsley Trust Company.
The newly branded businesses are BMO Retirement Services, BMO Taft-Hartley Services and BMO Not-for-Profit Services.
A statement from BMO Global Asset Management said: 鈥淎ll include the services provided by the firm鈥檚 retirement and trust and custody division and have access to the investment expertise of BMO Global Asset Management.鈥�
BMO Taft-Hartley Services provides recordkeeping, custody, securities lending and other financial services for single and multi-employer benefit plans, while BMO Retirement Services offers a platform of retirement, trust and custody services.
Barry McInerney, co-CEO at BMO Global Asset Management, said: 鈥淩ebranding these lines of businesses was the next step in our successful integration efforts and reflects the importance they play in our overall business strategy,鈥�
鈥淥ur ability to provide clients with holistic asset management solutions and service excellence is at the core of our corporate principles. Our proven ability to deliver the results clients expect will continue to be the key to our North American growth strategy.鈥�
The rebranding follows moves earlier this year that saw Marshall Funds rebranded as BMO Funds, and M&I Investment Management Corp merged with Harris Investment Management and renamed BMO Asset Management Corp.
M&I Institutional Trust Services used to be a unit of BMO Harris Bank affiliate Marshall & Ilsley Trust Company.
The newly branded businesses are BMO Retirement Services, BMO Taft-Hartley Services and BMO Not-for-Profit Services.
A statement from BMO Global Asset Management said: 鈥淎ll include the services provided by the firm鈥檚 retirement and trust and custody division and have access to the investment expertise of BMO Global Asset Management.鈥�
BMO Taft-Hartley Services provides recordkeeping, custody, securities lending and other financial services for single and multi-employer benefit plans, while BMO Retirement Services offers a platform of retirement, trust and custody services.
Barry McInerney, co-CEO at BMO Global Asset Management, said: 鈥淩ebranding these lines of businesses was the next step in our successful integration efforts and reflects the importance they play in our overall business strategy,鈥�
鈥淥ur ability to provide clients with holistic asset management solutions and service excellence is at the core of our corporate principles. Our proven ability to deliver the results clients expect will continue to be the key to our North American growth strategy.鈥�
The rebranding follows moves earlier this year that saw Marshall Funds rebranded as BMO Funds, and M&I Investment Management Corp merged with Harris Investment Management and renamed BMO Asset Management Corp.
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