Boston Private Announces Launch of Entertainment Media Sports Group
BEVERLY HILLS and BOSTON — (June 1, 2016) — Boston Private, a leading provider of wealth management, trust and private banking services, today announces the launch of their Entertainment Media Sports (EMS) Group, to be housed in its new Beverly Hills Boston Private Wealth office located at 9465 Wilshire Blvd., Beverly Hills, California.
As part of a continuing growth strategy in Southern California, this new team will leverage the expertise of Boston Private's growing West Coast Wealth Management and Private Banking teams. The decision to launch this specialized group was based upon current business from this space, existing in-house expertise within the industry, and recent additions to the Wealth Management team, including 16-year NBA veteran Chris Dudley.
“We have all of the ingredients and core competencies to become a successful leader in this area,” said Gerald Graves, Executive Managing Director, West Coast for Boston Private Wealth. “Our research shows the EMS marketplace is looking for another competitor with knowledge, focus and a demonstrated commitment to these dynamic and growing segments. Boston Private is now ready to serve this unique market.”
"Southern California is an important market for us, so a strategic, thoughtful and focused approach towards the entertainment, media and sports industry is a natural evolution,” said Clay Deutsch, CEO of Boston Private Bank & Trust Company, the parent company of Boston Private Wealth. "We are pleased with how our private banking and wealth management offerings have been received by our Southern California clients and look forward to participating in the growth of the vibrant entertainment, media and sports segments of our client base."
Boston Private has Southern California offices in Beverly Hills, Encino, Pasadena, Burbank, Granada Hills, Santa Monica and Westlake Village. The firm also has plans to further build out a new Downtown Los Angeles location in late-2016.
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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 35 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.
Gerald J Graves
Executive Managing Director
Boston Private Wealth LLC