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Boston Private Financial Holdings, Inc.

 
Hoover's Company Profiles:

Boston Private Financial Holdings, Inc.

(NASDAQ:BPFH)
Contact Information
Boston Private Financial Holdings, Inc.
10 Post Office Sq.
Boston, MA 02109
MA Tel. 617-912-1900
Fax 617-912-4550

Type: Public
On the web: http://www.bostonprivate.com
Employees: 890
Employee growth: 3.6%

Boston Private -- isn't that David Kelley's old TV series? Not exactly. The holding company owns Boston Private Bank & Trust, which operates nearly 20 branches in the Boston, Los Angeles, and Seattle metropolitan areas; its Boral Private Bank & Trust division has about five locations in northern California. Boston Private also owns about a half-dozen other money management firms. The company offers private banking, wealth advisory, investment management, and deposit and lending services to wealthy individuals, corporations, and institutional clients. All told, Boston Private and its affiliates have some $20 billion in managed or advised assets.

Key numbers for fiscal year ending December, 2010:
Sales: $361.7M
One year growth: (6.2%)
Net income: ($11.0)M

Officers:
Chairman: Stephen M. Waters
President and CEO: Clayton G. (Clay) Deutsch
EVP and CFO: David J. Kaye

Competitors:
Bank of America
FMR
JPMorgan Chase

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