March 31, 2009

Announced the sale of affiliate Boston Private Value Investors (BPVI) to the BPVI management team

February 1, 2008

Acquired majority interest in Davidson Trust Company
(Devon, PA)

$1 billion in AUM wealth advisor

July 2 , 2007

Acquired Charter Bank
(Bellevue, WA)

Bank with $294 million in total assets

June 1, 2006

Acquired majority interest in Anchor Capital Advisors, LLC and Anchor/Russell
(Boston, MA)

$5.5 billion AUM value oriented investment advisor including major participation in SMA industry

October 1, 2005

Acquired Gibraltar Private Bank & Trust Company (Coral Gables, FL)

$1 billion private banking and wealth management company

December 31, 2004

Acquired majority interest in KLS Professional Advisors Group, LLC
(New York, NY)

$2.7 billion wealth advisory firm

October 1, 2004

Acquired Encino State Bank
(Encino, CA)

$200 million in assets with 3 locations

Fully integrated into First State Bank which was renamed First Private Bank & Trust

February 17, 2004

Acquired First State Bank
(Los Angeles, CA)

$300 million commercial bank

February 6, 2004

Acquired majority interest in Dalton, Greiner, Hartman & Maher Co., LLC (New York, NY)

$2.1 billion in AUM Small-Cap Value manager

September, 2003

Acquired minority interest in Bingham, Osborn & Scarborough, LLC (San Francisco, CA)

$1 billion wealth advisory firm in San Francisco

December 18, 2002

Acquired a minority investment in Coldstream Capital Management, Inc. (Bellevue, WA)

$500+ million in AUM wealth advisory firm

First foray into Pacific Northwest region

November 30, 2001

Acquired Borel Private Bank & Trust Company (San Mateo, CA)

$300 million in assets private banking enterprise

Excellent “synergy” for Sand Hill

February 28, 2001

Acquired Boston Private Value Investors, Inc. (Boston, MA)

$532+ million in AUM Large-Cap Value firm

August 31, 2000

Acquired Sand Hill Advisors, Inc.
(Palo Alto, CA)

$578+ million in AUM Large-Cap growth firm

First move to start California cluster

October, 1999

Acquired RINET Company, LLC
(Boston, MA)

October, 1997

Acquired Westfield Capital Management, LLC (Boston, MA)

$1.2 billion in AUM Small-Cap growth firm

August 1, 1995

Acquired Cunningham, Henderson & Papin (Boston, MA)

Large-Cap growth firm integrated into Boston Private Bank & Trust

January 1, 1993

Timothy L. Vaill named CEO of Boston Private Bank & Trust Company and Boston Private Financial Holdings, Inc.

Balance Sheet assets:  $83 million

Investment assets:  $40 million

July 1, 1988

Boston Private Financial Holdings, Inc. established

1987

Boston Private Bank & Trust Company opened for business

Styled on European private banking model:

• Financial lifecycle of individuals/families/businesses
• Comprehensive banking & investments

1986

Boston Private Bank & Trust Company formed in 1986