BMO Harris Private Banking, the Canadian private bank, said it has officially opened its first stand-alone office in Canada in Kelowna, British Columbia, on Wednesday.

Offering a wealth management service targeted at affluent Canadians, the office has been open for business since 21 April. It had previously offered private banking services through premises at the Kelowna main branch of BMO Bank of Montreal during the past four years. The BMO Harris Private Banking 11-person team is led locally by Tom Klick, director and senior private banker.