MILWAUKEE, June 28, 2012 /PRNewswire/ -- BMO Retirement Services, a part of BMO Global Asset Management, has appointed Matt Smith as Director of Retirement Sales and Strategy. Mr. Smith reports to Phil Enochs, Managing Director and Head of Relationship Management for BMO Global Asset Management.
In this newly-created position, Mr. Smith is responsible for building and further defining the firm's holistic approach to providing solutions to the U.S. retirement plan market. This extends to providing thought leadership on critical retirement issues in concert with the renowned BMO Retirement Institute.
According to Mr. Enochs, "Matt is uniquely qualified to lead this dual initiative given his nearly three decades of achievement in the retirement plan industry as a sales manager, business strategist, investment consultant and author."
Mr. Enochs added, "Matt's career-long commitment to make retirement readiness a reality for millions of 401(k) and other DC participants aligns perfectly with our mission to improve retirement security for people. His extensive experience addressing the concerns of plan sponsors, participants and plan advisors adds depth and dimension to BMO's already-strong organization."
Prior to joining BMO Retirement Services, Mr. Smith was Senior Vice President, National DC Practice Leader of Aon Consulting in Seattle. Previously, he was Managing Director of Retirement for Russell Investment Group, General Manager, Retirement Services at ADP, and DC Consultant for Buck Consultants.
Mr. Smith is the author of Managing Your Firm's 401(k) Plan: A Complete Roadmap to Managing Today's Retirement Plan. He is also the co-author of The Retirement Plan Solution: The Reinvention of Defined Contribution and Someday Rich: Planning for Sustainable Tomorrows Today. All three are published by John Wiley & Sons, Inc.
He earned a Bachelors degree from the University of Kansas.
About BMO Retirement Services
BMO Retirement Services is a part of BMO Global Asset Management and a division of the Marshall & Ilsley Trust Company N.A., offering products and services through various affiliates of BMO Financial Group.
Established in 1973, BMO Global Asset Management is an integral part of BMO Financial Group, a fully-diversified financial services organization. As of April 30, 2012, BMO Global Asset Management oversaw more than $110 billion in assets under management for institutional and high-net-worth clients and the BMO family of mutual funds.
A Midwest-based registered investment advisor with a 40-year track record of fiduciary service, BMO Global Asset Management in the U.S. is organized into four centers of excellence, each of which is a vital and respected part of the global offering: BMO Asset Management U.S., BMO Funds, BMO Retirement Services and BMO Trust and Custody Services.
As a wholly-owned subsidiary of the Bank of Montreal (NYSE, TSX: BMO), BMO Global Asset Management is backed by the strength of one of North America's premier financial firms. Founded in 1817, BMO provides a wide range of retail banking, wealth management and investment banking products and services. With more than 12 million customers, BMO had total assets of $477 billion and 47,000 employees, as of April 30, 2012.
BMO Global Asset Management is the brand name for various affiliated entities of BMO Financial Group, that provide trust, custody, securities lending, investment management, and retirement plan services. Certain of the products and services offered under the brand name BMO Global Asset Management are designed specifically for various categories of investors in a number of different countries and regions. Those products and services are only offered to such investors in those countries and regions in accordance with applicable laws and regulations. BMO Financial Group is a service mark of Bank of Montreal (BMO).
Investment products are: Not FDIC Insured | No Bank Guarantee | May Lose Value