Kollauf has over 27 years of industry experience advising high net worth clients, having previously held a similar role at Harris myCFO, the ultra high net worth BMO unit.

Before that, he spent seven years as director of business and tax planning for Vogel Consulting in Brookfield.  He started his career as a tax manager at Arthur Andersen.  

As reported this week, net income at BMO Financial Group’s wealth management division rose 8 per cent year-on-year to $175 million in the first quarter of 2014, but dropped significantly from the $311 million logged in the final quarter of 2013 .