Craft

Boston Private Financial

Revenue

$367.6 M

FY, 2020

Boston Private Financial Summary

Company Summary

Overview
Boston Private Financial Holdings is a bank holding company. It operates through two segments: Private Banking and Wealth Management and Trust. The Private Banking segment is principally engaged in providing banking services to high net worth individuals, privately-owned businesses and partnerships, and nonprofit organizations. In addition, it is a provider of financing for affordable housing, first-time homebuyers, economic development, social services, community revitalization and small businesses. The Wealth Management and Trust segment offers planning-based financial strategies, wealth management, family office, financial planning, tax planning, and trust services to individuals, families, institutions, and nonprofit institutions.
Type
Subsidiary
Status
Active
Founded
1987
HQ
Boston, MA, US | view all locations
Website
http://www.bostonprivate.com/
Cybersecurity rating
ESG rating
30-39 out of 100|View all ESG data
Sectors

Key People

  • Anthony Dechellis

    Anthony Dechellis, Chief Executive Officer

  • Carolyn MacEdo

    Carolyn MacEdo, Managing Director

  • Maura Almy

    Maura Almy, Executive Vice President, Chief Operating and Platform Officer

  • Garrett Mancini

    Garrett Mancini, Managing Director, Head of Fixed Income

Operating MetricsView all

Total Loans

$7.2B
2.5%

Q1, 2021

Average Deposits

$7.6B
13.4%

FY, 2020

Deposits from Customers (Private Banking)

$8.7B
18.7%

FY, 2020

LocationsView all

27 locations detected

  • Boston, MA HQ

    United States

    10 Post Office Square

  • Beverly, MA

    United States

    57 Enon St

  • Beverly Hills, CA

    United States

    225 N Beverly Dr

  • Beverly Hills, CA

    United States

    9465 Wilshire Blvd 8th Floor

  • Boston, MA

    United States

    157 Seaport Blvd

  • Boston, MA

    United States

    1 Federal St

and 21 others

Boston Private Financial Financials

Summary Financials

Revenue (Q1, 2021)
$91.1M
Gross profit (Q1, 2021)
$85.6M
Net income (Q1, 2021)
$10.7M
Cash (Q1, 2021)
$1.4B

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