BMO Financial Group is launching an online planning platform for its advisors next month.
BMO WealthPath is a digital, goals-based financial-planning platform launched in partnership with software developer Voyant Inc. The new wealth-planning platform allows advisors to “create actionable plans by inserting client data and testing the proposed plan through generated scenarios,” says a release. The end result: “a goal-focused plan that helps clients understand why wealth planning is a continuous event.”
BMO is focused on making the planning process adaptable, personal and collaborative—especially as customers adapt to digital technology and life’s demands become increasingly sophisticated, says Caroline Dabu, head of wealth planning and advisory services at BMO Financial Group, in the release.
BMO WealthPath will launch in November to BMO Nesbitt Burns investment advisors and financial planners in BMO Bank of Montreal branches across Canada.