Boston Private Financial, a provider of wealth management, trust and private banking services, has expanded its West Coast presence by opening a new office in Beverly Hills.
The firm will deliver fully integrated wealth management services via its wholly owned subsidiary, Boston Private Wealth.
In addition, the new office will offer wealth management services including trust and fiduciary, apart from private banking services such as deposit and cash management, residential mortgage and commercial lending.
The new office marks as the firm’s 34th location nationally and first on the West Coast.
Boston Private CEO Mark Thompson said: "Beverly Hills and greater Los Angeles in general, is a key market for us as we continue to expand and build upon strategic relationships with our core market segments.
"By bringing our banking and wealth teams together under one roof, we are well positioned to work with individuals and organizations to build truly customized, personal solutions to meet their financial needs."