Managing a thriving accounting firm can be challenging and time-consuming. That’s why successful firms and their partners trust Boston Private to manage both their business and personal financial needs that are often interrelated.
Our team has a deep understanding of the financial issues accounting firms and their partners face and has the broad expertise to create the comprehensive solutions they require. From optimizing cash flow to adding new partners and acquiring another practice, you can rely on receiving expert advice and sophisticated financial solutions that help manage, grow and protect your firm.
Boston Private has a long history of providing customized financial solutions for accountants. Like their firms, they have financial challenges and opportunities that continually arise.
Maybe you need help navigating such complex areas as financial, tax, retirement and philanthropic planning; estate and wealth transfer planning; investment management; and family office services. Maybe you want your own private banker who can assist you with your day-to-day banking needs. Or maybe you’re ready to finance a new home or vacation home.
Whatever your business or personal financial needs may be, at Boston Private you have a personal connection to a relationship manager who knows you and can put our resources to work for you at a moment’s notice. Let’s talk about how we can begin making a difference for you.
We provided a loan for tenant improvements, a standby letter of credit to back their lease with the new landlord, and a line of credit for working capital purposes.
We provided term financing to the partner with minimal underwriting requirements under a committed line of credit guaranteed by the firm.
We provided bridge financing secured by the partner’s personal Wealth Management portfolio at Boston Private. We also provided permanent mortgage financing to his son and daughter-in-law for the new home.
We understand the special credit needs of accounting firms, and you can count on us to streamline the process. And, while we offer the comprehensive services you expect from a larger financial institution, our experts have the ability to make timely decisions in your local market.
At Boston Private, you’ll have your own dedicated private banker to help you select a combination of deposits, money market accounts, and short-term investments that reflect your firm’s yield, liquidity, and safety guidelines.
ONE TRUSTED RESOURCE FOR THE WEALTH MANAGEMENT AND PRIVATE BANKING NEEDS THAT COME ALONG IN LIFE.
As a leading member of the community that serves the financial needs of local businesses, Boston Private has access to resources and relationships that can benefit all our clients. We pride ourselves on connecting our clients to others in the community to foster success.