Boston, Mass. — (August 18, 2015) — Boston Private Financial Holdings, Inc. (BPFH) today announced it has been named one of America’s 50 Most Trustworthy Financial Companies by Forbes. To develop the list, MSCI ESG Research evaluated the accounting and governance activities of more than 700 publicly-traded companies with market caps equaling $250 million or more for the year ending in March 2015.
Factors considered when assessing a company’s integrity included high-risk events, revenue and expense recognition methods, SEC actions, and bankruptcy risk. BPFH ranked among the 50 companies with the highest score for the past four fiscal quarters.
“Boston Private is honored to have been recognized by Forbes alongside such an esteemed group of financial institutions,” said Clayton G. Deutsch, CEO of BPFH. “Being named to this list further affirms Boston Private’s ongoing commitment to deliver the highest level of wealth management and private banking services to clients through all stages of wealth creation, while practicing strong corporate governance and shareholder-friendly practices.”
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About Boston Private Financial Holdings, Inc.
Boston Private Financial Holdings, Inc. is a national financial services organization that owns Wealth Management and Private Banking affiliates with offices in Boston, New York, Los Angeles, San Francisco, San Jose, Atlanta, Florida, Wisconsin, and Texas. The Company has a $7 billion Private Banking balance sheet, and manages approximately $30 billion of client assets.
The Company positions its affiliates to serve the high net worth marketplace with high quality products and services of unique appeal to private clients. The Company also provides strategic oversight and access to resources, both financial and intellectual, to support affiliate management, marketing, compliance and legal activities. (NASDAQ: BPFH)
For more information about BPFH, visit the Company’s website at www.bostonprivatefinancial.com.
About Boston Private
Boston Private is a leading provider of fully integrated wealth management, trust and private banking services. For more than 25 years, Boston Private has taken a highly personalized approach to serving the complex financial needs of individuals, families, business owners, private partnerships, nonprofits and community partners. Boston Private is also an active provider of financing for affordable housing, first-time homebuyers, economic development, social services, community revitalization and small businesses.
Headquartered in Boston, Boston Private has 34 offices across the U.S. including Boston, San Francisco, San Jose, Los Angeles and Palm Beach. Private banking and trust services are provided through Boston Private Bank & Trust Company. Wealth management services are provided through Boston Private Wealth LLC, an SEC registered investment adviser and a wholly owned subsidiary of Boston Private Bank & Trust Company.
Boston Private Bank & Trust Company is a subsidiary of Boston Private Financial Holdings, Inc. (NASDAQ: BPFH). For more information, visit www.bostonprivate.com.