Boston Private Financial Holdings, Inc.
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Balance Sheet Cash Flow Statement 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:
1,166
Employee growth: 13.1%
Boston Private -- isn't that David Kelley's new TV series? Not exactly. The holding company owns several private banks and investment management companies that primarily serve well-to-do and institutional clients on both US coasts. Their offerings include deposit accounts, loans, trust services, and financial advice. Boston Private Bank & Trust operates about 10 branches in New England, while Gibraltar Bank serves southern Florida and New York City. In California, the company runs Borel Private Bank & Trust and First Private Bank & Trust. In 2007 it acquired Washington state-based Charter Bank, for nearly $80 million.
Key numbers for fiscal year ending December, 2007:
Sales: $585.4M
One year growth: 24.2%
Net income: $4.2M
Income growth: (92.3%)
Officers:
Chairman and CEO: Timothy L. Vaill
Vice Chairman and President: Walter M. Pressey
EVP and Corporate Development Manager: Kathryn A. (Katie) Kearney
Competitors:
Bank of America
FMR
TD Commerce Bank



