Boston Private Financial Holdings, Inc. Profile

Boston Private Financial Holdings's Business Model

Boston Private Financial Holdings, Inc. operates as the bank holding company for Boston Private Bank & Trust Company that provides a range of banking products and services in the United States. It operates in two segments, Private Banking; and Wealth Management and Trust. The company offers deposit products, such as checking, savings and NOW, and money market accounts; and certificates of deposit. Its loan products include loans to individuals, such as residential mortgage loans, mortgage loans on investment or vacation properties, unsecured and secured personal lines of credits, home equity loans, and overdraft protection; and loans to businesses consisting of commercial and mortgage loans, revolving lines of credit, working capital loans, equipment financing, community lending programs, and construction and land loans. In addition, the company provides wealth management solutions comprising planning-based financial strategies, wealth management, family office, financial planning, tax planning, and trust services to individuals, families, institutions, and nonprofit institutions. It operates offices in Boston, Miami, New York, Los Angeles, San Francisco, and Florida. Boston Private Financial Holdings, Inc. was founded in 1987 and is headquartered in Boston, Massachusetts.