Independent Wealth

Raffles Financial announces partnership with BMO

Raffles Financial Group has announced that its subsidiary Raffles Financial is collaborating with Bank of Montreal’s Asia Private Banking operation (BMO) to identify clients who require advice and management of their family trusts, custodian and private banking accounts.

The partnership comes shortly following the listing of Raffles Financial on the Canadian Securities Exchange.

Monique Chan, CEO, BMO, said “We are delighted that Raffles Financial has established a relationship with BMO Private Bank to identify clients who need private banking, wealth planning and investment services.”

BMO, according to an article shared by Yahoo! Finance, offers discretionary portfolio management, investment advisory, banking, trust and family office solutions, operating through its branches in Hong Kong and Singapore, the same locations in which Raffles Financial operates.

Charlie In, Chairman, Raffles Financial Group, said: “We believe that the BMO and Raffles synergy will provide clients with a comprehensive and customised suite of corporate finance, investment and private banking solutions to meet their diverse requirements.”