Luxury Institute Ranks Harris Private Bank Among Top U.S. Wealth Management Firms

CHICAGO, Sept. 20, 2012  /PRNewswire/ -- Harris Private Bank has been named one of the top wealth management firms by the New York-based Luxury Institute, the objective and independent global voice of high net-worth consumers.

Harris Private Bank earned a Top Five ranking in the 2012 Luxury Institute Wealth Management Survey, which polled 500 high-net worth Americans with a minimum net worth of $5 million for their thoughts on the quality, exclusivity, social status, and client experience of wealth management firms. More than 30 wealth management firms were examined in the survey.

"Judging by the survey results, wealthy investors are looking for honesty, a superior client experience and value when seeking out the services of a private bank," said Milton Pedraza, Chief Executive Officer, Luxury Institute. "Harris Private Bank has continuously demonstrated this commitment to its high net-worth clients and we congratulate them for attaining a coveted Top Five spot."

Harris Private Bank scored highly in several categories, including:

• Delivering value to clients
• Willingness of clients to recommend the bank
• Making clients feel special

"We are thrilled to be recognized by the Luxury Institute as one of the top private banking institutions in the country," said Terry Jenkins, Executive Vice President and Head, Harris Private Bank. "It's a testament to our team's ability to develop trusted relationships with our clients as we work together to achieve their personal goals. We recognize that with wealth comes complexity and we are committed to helping our clients develop solutions that best address their needs."   

"Through combining the organizations of Harris Private Bank and M&I Wealth Management, we have further elevated the capabilities and expertise that will benefit our clients. Our expanded organization, known as BMO Private Bank, is raising the bar even further in delivering a superior client experience," added Jenkins.

About Harris Private Bank, a Part of BMO Financial Group:
Harris Private Bank offers a comprehensive range of wealth management services that include investment advisory, trust, banking and financial planning to meet the financial needs of high net worth clients. Through integrated teams of experienced financial professionals, Harris Private Bank helps its clients realize their financial and lifestyle goals with solutions that are custom tailored and delivered with the highest level of personalized service. Harris Private Bank is a member of the Harris family of wealth management services.

About the Luxury Institute:
The Luxury Institute is a global firm that conducts research on affluent consumers regarding their purchasing behaviors and perceptions about customer experience best practices. The Luxury Institute also consults top-tier luxury brands on implementing organizational improvements and building customer-focused organizations. Additionally, the Luxury Institute operates LuxuryBoard.com, an online research tool, and the Luxury CRM Association, an organization dedicated to enhancing the customer-centric focus of enterprises.

Harris Private Bank is a trade name used by various subsidiary financial service providers of BMO Financial Corp. Banking product and services offered through Harris Private Bank are provided by BMO Harris Bank N.A. and their bank affiliates. Member FDIC. Not all products and services are available in every state and/or location. United States Department of Treasury Regulation Circular 230 requires that we notify you that this information is not intended to be tax or legal advice. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is being used to support the promotion or marketing of the planning strategies discussed herein. BMO Harris Bank N.A. and its affiliates do not provide legal or tax advice to clients. You should review your particular circumstances with your independent legal and tax advisors.

Investment products are NOT FDIC INSURED – MAY LOSE VALUE – CARRY NO BANK GUARANTEE. Estate planning requires legal assistance, which BMO Harris Bank N.A. and its affiliates do not provide; consult your personal counsel. Through Harris Encircle®, BMO Harris Bank does not engage in rendering care management services, advice or tax preparation. Not all products and services are offered in every state and/or location. Estate planning requires legal assistance, which Harris does not provide; consult your personal counsel.

SOURCE Harris Private Bank