BMO InvestorLine and BMO ETFs Honoured at 19th Annual Morningstar Canadian
TORONTO, ONTARIO -- (Marketwired) -- 11/28/13 -- BMO Financial Group
claimed multiple honours last night at the 19th annual Morningstar
Canadian Investment Awards. BMO InvestorLine was named Best Online
Brokerage 2013 and BMO Asset Management Inc. (BMO AM) was awarded
Best ETF Initiative.
The awards recognize exceptional investment products, client service,
marketing and investor and advisor education.
BMO InvestorLine was selected as the Best Online Brokerage based on
its strengths in website functionality, breadth of investments
available, customer service, online tools and resources, and costs.
"Being recognized by Morningstar in this category is a great honour
for us," said Viki Lazaris, CEO, BMO InvestorLine. "This award
validates our efforts this year to enhance the overall functionality
and experience of our self-directed and adviceDirect online services
to fit the unique and evolving needs of our clients."
Ms. Lazaris noted that 2013 has been an exceptional year for BMO
InvestorLine. The firm celebrated 25 years of providing award-winning
self-directed investment service to Canadians. It also marked the
first anniversary of adviceDirect, a first-of-its-kind service in
Canada that provides personalized online investing advice to clients.
Moreover, 2013 saw BMO InvestorLine named the top bank-owned online
brokerage for the third consecutive year in the 15th annual Globe and
Mail ranking of online brokers and designated Best Online Discount
Brokerage Firm in Canada by Surviscor.
BMO Claims Best ETF Initiative
In being awarded Best ETF Initiative, Morningstar acknowledged BMO AM
for promoting education and awareness in the Exchange Traded Fund
(ETF) industry, along with building relationships with the investing
and advisor communities.
The firm's educational initiatives have been tailored to support
advisors in several ways including:
-- To provide an understanding on where and how to mix active and passive
management to create added value to investors.
-- To provide insights on how ETFs can be used as tools to facilitate the
financial planning process.
"Our ETF business has had a very strong year and we're thrilled that
we've been honoured at the Canadian Investment Awards," said Rajiv
Silgardo, Co-CEO, BMO Global Asset Management. "This award represents
a confirmation of our team's ongoing commitment to evolving the ETF
landscape - not only through offering a broad range of innovative
products, but also through our focused efforts to educate investors
and advisors about ETFs and how they can be used to add value to any
About BMO InvestorLine
BMO InvestorLine is an online investing service that provides clients
with two ways to invest online. Clients can choose from BMO
InvestorLine's top ranked Self-Directed service that provides tools
to help investors make independent decisions on how to invest. BMO
InvestorLine's other service, adviceDirect(TM) provides investors
with online advice and investment recommendations for their
portfolios. Clients have access to trading, quotes and account
information 24 hours a day through a website or Automated Telephone
Trading. BMO InvestorLine also provides users with third party
research, along with leading edge tools that are informative and easy
to use. As an all-in-one investment source, it is a constantly
evolving, cost-efficient platform that is fully compatible with
About BMO Exchange Traded Funds (ETFs)
Established in May 2009, BMO Financial Group's ETF business is a
leading ETF provider in Canada. BMO ETFs provide Canadian investors
with a number of benefits including lower costs and tax efficiencies,
while covering a number of diverse asset classes, sectors and
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a
highly-diversified North American financial services organization.
With total assets of $549 billion as at July 31, 2013, and more than
46,000 employees, BMO Financial Group provides a broad range of
retail banking, wealth management and investment banking products and
Further information can be found at:
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BMO InvestorLine Inc. and BMO Ligne D'action Inc. provide this
commentary to clients for informational purposes only. The
information contained herein is based on sources that we believe to
be reliable, but is not guaranteed by us, may be incomplete or may
change without notice. The comments included in this document are
general in nature, and professional advice regarding an individual's
particular position should be obtained.
An adviceDirect account is a non-discretionary fee based account
which offers investment recommendations. adviceDirect does not
provide portfolio management by a portfolio manager. The client makes
their own investment decisions and manages their own investment
portfolio. adviceDirect does not offer discretionary, managed
BMO InvestorLine Inc. is a member of BMO Financial Group.
(R) Registered trade-mark of Bank of Montreal, used under licence.
BMO InvestorLine Inc. is a wholly owned subsidiary of Bank of
Montreal Holdings Inc. Member - Canadian Investor Protection Fund and
BMO ETFs are administered and managed by BMO Asset Management Inc.,
an investment fund manager and portfolio manager and a separate legal
entity from Bank of Montreal.
Amanda Robinson, Toronto
Valerie Doucet, Montreal
Laurie Grant, Vancouver
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