BMO Private Bank has hired Michael Arbet as vice president and director of investments, focused on the wealth management needs of clients throughout Southwest Wisconsin.

BMO Private Bank is the newly-branded entity combining BMO Financial Group's Harris Private Bank and part of M&I Wealth Management.

Arbet has over 25 years of experience in the financial industry including expertise in portfolio management, mutual fund research, financial analysis and strategic planning.

BMO Private Bank has 57 offices across 13 states. The recent re-brand echoes developments in August, when BMO Financial Group merged its two advisor networks, Harris Bank and M&I Bank, to create BMO Harris Financial Advisors - a network of around 230 professionals with some $12 billion in client assets.