The combined entity will have a footprint in 13 states, and will employ 1,250 professionals working out of 57 offices, the bank said.
Commenting on the restructuring, BMO Private Bank Indiana senior vice president and managing director Chad Cassinelli said, "By combining the two organizations, we are able to expand our array of options and solutions for our clients."
The bank provides an array of wealth management services that include investment advisory, trust, banking and financial planning to meet the financial needs of high net worth clients.
BMO Private Bank, through its experienced financial professionals helps its clients realize their financial and lifestyle goals with systems that are custom tailored.
