The opinions expressed and information contained in this publication are given in good faith, may be subject to change without notice, and are as of the date issued. This publication discusses general market activity, industry or sector trends, or other broad-based economic, market or political conditions and should not be construed as research or investment advice and does not represent a complete analysis of every material fact with respect to the economy, financial markets, interest rates, and any industry or sector mentioned in the publication. The graphs and charts presented were created for informational purpose only and use data sourced from Bloomberg and Morningstar. The accuracy and completeness of sourced data is believed to be reliable, but has not been independently verified.

There is no guarantee that Boston Private Wealth’s investment management services will achieve their objectives.

Investment products mentioned herein including stocks, bonds, and mutual funds may lose value and are not insured or guaranteed by Boston Private Wealth. Boston Private Bank & Trust Company or any affiliates or by the Federal Deposit Insurance Corporation or any other government agency. Past performance is not indicative of future results, which may vary. All investments carry a risk of loss.


Equity securities are subject to stock market fluctuations that occur in response to economic and business developments.


Investing in fixed-income securities may involve certain risks, including the credit quality of individual issuers, possible prepayments, market or economic developments and yields and share price fluctuations due to changes in interest rates.


International investing involves unique risks, including foreign taxation, foreign currency fluctuation risks, risks related with possible variances in financial standards and other risks associated with potential political, social and economic developments. Investing in emerging markets may involve greater risks than investing in more developed countries.


In addition, concentration of investments in a single region may result in greater volatility. Due diligence processes seek to diminish, but cannot eliminate risk, nor do they imply low risk. Asset allocation, diversification and rebalancing do not guarantee a profit or protect against a loss in declining markets.


About Boston Private Wealth

Boston Private Wealth LLC (“BPW”), a registered investment adviser, offer investment management & consulting, wealth advisory and planning, and family office services as well as private banking and trust services in partnership with its parent company, Boston Private Bank & Trust Company (“BPBTC”). BPW is a wholly-owned subsidiary of BPBTC, which is wholly-owned by Boston Private Financial Holdings, Inc. (NASDAQ: BPFH).


Please read our ADV Part 2 for additional information about us, our services and fees. You may obtain a copy of this document and our privacy policy by contacting us at 800-422-6172 or