BMO Private Investment Counsel Announces Sub-Advisor Change for U.S. Equity Portfolio

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2▲0 ▼1Impact / 5
Summary · why it matters

BMO Private Investment Counsel Inc. has announced a sub-advisor change for the BMO Private U.S. Equity Portfolio. Effective on or about August 21, 2026, BMO Asset Management Inc. will replace Vontobel Asset Management, Inc. as a sub-advisor for the portfolio. Columbia Management Investment Advisers, LLC will continue to act as a sub-advisor. The portfolio's fundamental investment objectives and investment risk rating will remain unchanged.

Impact on assets 2

Financials▼ · 2 stocks
Vontobel Holding
VONN
▼ NegativeCapitalrelevance

Vontobel Asset Management is being replaced as sub-advisor, losing a mandate.

Bank of Montreal
BMO
± MixedCapitalrelevance

BMO's asset management arm gains a sub-advisory mandate, but the change is administrative and does not materially affect BMO's overall business.

Off-coverage companies 2

BMO Private Investment Counsel Inc.Private± Mixed
relevance

Columbia Management Investment Advisers, LLCPrivate± Mixed
relevance

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