Podcasts about bmo private bank

Early, often and transparent was a common theme in the conversation on succession planning and generational wealth. Jud Snyder and Brad Guse of BMO share insight on competing in the new normal, basic succession planning conversations, “killer D's,” generational wealth process, liquidity, adding new family members and advice. Dairy Stream host Joanna Guza dives into the topics below with Jud and Brad: 1:55: What succession planning used to look like and what we are seeing now 3:19: Can your farm compete in the ‘new normal' 4:54: Basic succession planning conversations 7:15: Emotions involved in succession planning 8:46: Perfect time to exit 10:50: Ideal time to end the farm with no successor 13:20: Keep an eye on macroeconomics    14:01: Considerations when selling to a third party 15:25: Preparing for the unexpected, ‘Killer D's' 18:15: Process of generational wealth and how it's generated 20:36: The 2017 Tax Cuts and Jobs Act doubled the lifetime estate and gift tax exemption and set to expire Jan. 1, 2026, how does this impact succession planning 22.19: Who should be involved in succession planning 24:01: What is liquidity and why is it important 26:04:  Considerations with marriage and new family members 27:14: Multiple siblings but only select few taking over the farm, what about the other non-farming children 29:54: When does life insurance play a role 32:10: How to keep the older generation involved 34:48: Final advice on succession planning Special thanks to BMO for sponsoring this episode. About the guests Jud Snyder Jud Snyder is Regional President of the Midwest with BMO Wealth Management and BMO's Senior Executive for Southeast Wisconsin.  Jud oversees the strategic development and delivery of BMO Private Bank's personal wealth management platform to high net worth individuals, families and organizations, including closely-held and family-owned businesses, endowments and foundations throughout the Midwest. Jud joined the Bank in 1994 and has over 28 years of experience in financial services.  Prior to taking his current role, he spent much of his career in Commercial Banking. He was responsible for leading the growth and development of M&I's Equipment Finance Company. This included strategic and managerial responsibility for sales, operations, underwriting and equipment management capabilities within Equipment Finance. In 2010, he was named M&I's Head of Specialized Industries. In this role he was responsible for Equipment Finance, Global Trade, Health Care, Dealer Finance, Agribusiness and Sponsor Finance. Following the BMO acquisition in 2011, he moved back into the head role at BMO Equipment Finance with the mandate to leverage the business across BMO and grow the business to scale.  Jud obtained his BA in Russian and Economics from UW Madison ('94). He serves on the Board of Directors for The Boys and Girls Clubs of Greater Milwaukee (Trustee), United Way of Greater Milwaukee & Waukesha County, Milwaukee World Festival, Froedtert Health Systems (Chair), and Teach for America Milwaukee. He was previously a Director and Chair of the Milwaukee Ballet (2012-2019) and a past Chairman and Officer of the ELFA (Equipment Leasing and Finance Association) (2010-2020).  Jud lives in River Hills, Wisconsin with his wife, Amy and their children.  Brad Guse As an agricultural banking officer for BMO Commercial Bank - Marshfield, Brad Guse manages a portfolio of diverse production agricultural relationships made up of primarily dairy farm accounts. Guse has ten years of experience in the dairy nutrition field and over twenty - eight years of experience in agricultural banking. He was appointed by Wisconsin's Governor to serve on the Dairy 2.0 task force as well as to serve on the Wisconsin Housing and Economic Development Authority (WHEDA) board of directors. He's very involved in the Ag community serving as the school director and an instructor for the Wisconsin Bankers Association agricultural lending schools as well as serving on the American Bankers Association's Ag and Rural Banking conference committee to name just a few. Brad served 21 years in the Wisconsin Army National Guard, retiring in 2004 after his unit's successful deployment to Afghanistan. Guse holds a bachelor's degree from the University of Wisconsin-River Falls.  This podcast is co-produced by the Dairy Business Association and Edge Dairy Farmer Cooperative, sister organizations that fight for effective dairy policy in Wisconsin and Washington, D.C.  Become a sponsor, share an idea or feedback by emailing podcast@dairyforward.com.  Attend Dairy Strong on Jan. 16-18 in Green Bay, Wisconsin to gain firsthand inspiration and discover the challenges and solutions experienced by other farmers when implementing sustainable practices. Gain practical knowledge and motivation to implement practices that will make a positive impact on the environment and farms. Learn more and register at dairystrong.org.

The Dairy Streamlet is a new, condensed version of Dairy Stream that takes the long episode and covers just the high-level points of the conversation. If this topic interest you, we encourage you to listen to the full episode on Nov. 8. Dairy Stream host Joanna Guza talks with Jud Snyder and Brad Guse of BMO about competing in the new normal, succession planning conversations, perfect time to exit, process of generational wealth, importance of liquidity, future planning advice and more. Special thanks to BMO for sponsoring this episode. About the guests Jud Snyder Jud Snyder is Regional President of the Midwest with BMO Wealth Management and BMO's Senior Executive for Southeast Wisconsin.  Jud oversees the strategic development and delivery of BMO Private Bank's personal wealth management platform to high net worth individuals, families and organizations, including closely-held and family-owned businesses, endowments and foundations throughout the Midwest. Jud joined the Bank in 1994 and has over 28 years of experience in financial services.  Prior to taking his current role, he spent much of his career in Commercial Banking. He was responsible for leading the growth and development of M&I's Equipment Finance Company. This included strategic and managerial responsibility for sales, operations, underwriting and equipment management capabilities within Equipment Finance. In 2010, he was named M&I's Head of Specialized Industries. In this role he was responsible for Equipment Finance, Global Trade, Health Care, Dealer Finance, Agribusiness and Sponsor Finance. Following the BMO acquisition in 2011, he moved back into the head role at BMO Equipment Finance with the mandate to leverage the business across BMO and grow the business to scale.  Jud obtained his BA in Russian and Economics from UW Madison ('94). He serves on the Board of Directors for The Boys and Girls Clubs of Greater Milwaukee (Trustee), United Way of Greater Milwaukee & Waukesha County, Milwaukee World Festival, Froedtert Health Systems (Chair), and Teach for America Milwaukee. He was previously a Director and Chair of the Milwaukee Ballet (2012-2019) and a past Chairman and Officer of the ELFA (Equipment Leasing and Finance Association) (2010-2020).  Jud lives in River Hills, Wisconsin with his wife, Amy and their children.  Brad Guse As an agricultural banking officer for BMO Commercial Bank - Marshfield, Brad Guse manages a portfolio of diverse production agricultural relationships made up of primarily dairy farm accounts. Guse has ten years of experience in the dairy nutrition field and over twenty - eight years of experience in agricultural banking. He was appointed by Wisconsin's Governor to serve on the Dairy 2.0 task force as well as to serve on the Wisconsin Housing and Economic Development Authority (WHEDA) board of directors. He's very involved in the Ag community serving as the school director and an instructor for the Wisconsin Bankers Association agricultural lending schools as well as serving on the American Bankers Association's Ag and Rural Banking conference committee to name just a few. Brad served 21 years in the Wisconsin Army National Guard, retiring in 2004 after his unit's successful deployment to Afghanistan. Guse holds a bachelor's degree from the University of Wisconsin-River Falls.  This podcast is co-produced by the Dairy Business Association and Edge Dairy Farmer Cooperative, sister organizations that fight for effective dairy policy in Wisconsin and Washington, D.C.  Become a sponsor, share an idea or feedback by emailing podcast@dairyforward.com.  Attend Dairy Strong on Jan. 16-18 in Green Bay, Wisconsin to gain firsthand inspiration and discover the challenges and solutions experienced by other farmers when implementing sustainable practices. Gain practical knowledge and motivation to implement practices that will make a positive impact on the environment and farms. Learn more and register at dairystrong.org.

We started off this week's show by chatting with Access Elevator's VP of Sales Frank Wasilewski who is here to stress to listeners that they need to make sure they don’t over pay for stairlifts and work with trusted companies. Frank also shares details on the Chicago Abilities Expo coming up in June. Then, Private Wealth Advisor […]

Our guest for this episode is Derek Weatherford, Market Executive with BMO Private Bank. Derek's long standing background in wealth management, especially in the area of philanthropy made him the perfect guest for this topic!There are many options and directions a business owner can take when it comes to making donations. We can give to our church or other favorite charity, but for many of us, it doesn't stop there, and for many business owners, being involved with how the money is used at some level is an appealing way to move into what I call the "Next Act" or life-after-business. When it comes to philanthropy it's important for a business owner to make decisions based upon their values and aligning them with their goals and dreams. For many owners, leaving a legacy is high on the priority list and getting involved as a philanthropist at any level really helps to round out that objective. Derek discussed Donor Advised Funds and the fact that owners can be as much or as little involved with how the money is used as they want. Staying active in some capacity and using much of their acquired knowledge through involvement in Donor Advise Funds can be the perfect path for those who want to stay somewhat productive after they hand over the keys in a business exit. When you know you want to make an impact, ask yourself these questions about any given philanthropic path:1. Is it Mission friendly? (aligned with your company Mission or family Mission)2. Is it Tax friendly? (talk to your CPA and financial adviser)3. Is it Values friendly? (does the path align with who you are)For more of Derek's advice and tips, check out the show now.To learn more, contact  Derek.Weatherford@bmo.com or find him hereFind Julie here.Thank you to this month's Sponsors! Sunbelt Business Advisors and Baker Tilly

Sophia Ruffolo is the CEO and Founder of Femmebought an online platform and business directory for women founders and entrepreneurs to showcase their companies both B2B B2C and to consumers with success. Essentially our platform is a catalyst for getting women businesses clients. She worked as a lawyer in estate planning tax and securities in the United States. She moved to Canada 4 years ago to become the Chief Compliance Officer for BMO Private Bank and have helped a number of risk and control functions for BMO since the move. Sophia talks about everything from supporting female business owners to building on the blockchain. You can reach out to Sophia on Instagram, and LinkedIn. Learn more about Femmebought on Instagram or via info@femmebought.com.This episode is sponsored by Kids In Tech. Kids in Tech, Inc. is a nonprofit organization that is creating the next generation of tech-savvy leaders by providing comprehensive after-school computer science and computer literacy programming for kids and youth. Learn more about Kids In Tech at https://kidsintech.org/Stay up to date with Witty through our website, LinkedIn or email us at podcastwitty@gmail.com. Support the show (http://wittypod.com)

The first paychecks of 2018 have been dispatched but it may be weeks or months before taxpayers know how the new U.S. tax laws will affect their take-home pay. To be frank, there’s a lot of confusion and fear going on. Many people are upset about the new law and worried it will adversely affect their financial outlook. We’ve decided to tackle this issue head-on with Rick Kollauf, Vice President and Director of Business Advisory for BMO Private Bank. Rick specializes in providing customized succession and estate planning solutions to high net worth individuals and families as part of an overall personal wealth management strategy. He has over 31 years of experience in the financial services industry.

#CFTCTalks has #BMO Private Bank’s Chief Investment Officer Jack Ablin. We covered a wide range of key market topics and what to anticipate in 2018. Low vol, #stocks #commodities & #Bitcoin all discussed.

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Jack Ablin, Chief Investment Officer for BMO Private Bank, weighs in on banks, and the correlation between Trump and the peso.

A large part of what we do as financial advisors is helping people plan ahead so that they can be financially stable and successful for the rest of their lives. For many of our clients, retirement will be a big span of their future. In this episode we’re talking to Steve Williams, the Head of Financial Planning in the U.S. at BMO Private Bank, about how to help your clients create a game plan for their retirement. Listen in to learn how to approach the aspect of retirement from every angle, not just financially. For full show notes and links mentioned in this episode, visit https://www.bmogam.com/us-en/advisors/news-and-insights/creating-a-clients-retirement-game-plan/.

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Jack Ablin, Chief Investment Officer for BMO Private Bank, on global markets and US stocks and bonds.