Family Office Leaders Bill Woodson and Edward V. Marshall Join Boston Private
Strategic Hires to Establish the Wealth Advisory and Ultra-High-Net-Worth Family Office Practice and Expand Business Development Efforts across Boston Private
Boston, Mass. — (MARCH 18, 2019) — Boston Private, a leading provider of fully integrated wealth management, trust and private banking services, today announced Bill Woodson’s intentions to join the firm as Executive Vice President, Head of Wealth Advisory and Family Office Services, a newly created role reporting directly to the CEO, Anthony DeChellis. Mr. Woodson will start with the firm in June of 2019.
In his role with Boston Private, Mr. Woodson will be the senior-most leader of the Wealth Advisory and Ultra-High-Net-Worth Family Office practice, consulting with families, family offices and their advisors to meet their unique financial objectives. He will work with the firm’s Private Banking, Wealth & Trust teams to develop comprehensive, advice-based solutions for ultra-high-net-worth clients and family offices.
Mr. Woodson has more than 25 years of experience within financial services, joining the firm from Citigroup, where he served as head of the Family Office Group for Citi Private Bank in North America. During his tenure at Citi Private Bank, Mr. Woodson led the development of a number of important programs, including a philanthropic advisory practice, peer-to-peer family office collaboration platform, and numerous conferences and thought leadership white papers. Prior to joining Citi Private Bank, Mr. Woodson held senior private banking and family office positions at Credit Suisse and Merrill Lynch where, among other responsibilities, he ran a multi-family office (MFO) business and managed ultra-high-net-worth and family office clients. Mr. Woodson was also a founding member of myCFO, an integrated wealth management firm started by a number of well-known Silicon Valley technology executives.
Mr. Woodson began his career in a Big Four public accounting firm as a tax professional, where he spent almost a decade providing domestic and international tax advice to ultra-high-net-worth individuals, families and closely-held businesses. He earned a master’s degree in accounting from New York University’s Leonard N. Stern School of Business and a bachelor’s degree in economics from University of California, Irvine.
Starting in late April, Edward V. Marshall is planning to join Boston Private as a Senior Relationship Manager and Managing Director responsible for leading business development and account management of ultra-high-net-worth and family office relationships for the firm’s Private Banking, Wealth & Trust business.
Mr. Marshall joins Boston Private from Citi Private Bank where he was a Director in the Global Family Office Group and led business development and program management for the North American family office team. Mr. Marshall also advised clients on numerous aspects of running a family office, including organizational design, governance, and privacy and reputation management, and has published numerous white papers on these topics. Prior to joining Citi Private Bank, Mr. Marshall was a member of the UHNW and Family Office practice at Credit Suisse and managed client relationships as a Relationship Manager. He joined Credit Suisse from Booz Allen Hamilton where he was a member of their Organization and Strategy practice. Mr. Marshall began his career in the public sector working for the federal government in the United States and abroad.
Mr. Marshall earned his MBA from New York University’s Leonard N. Stern School of Business and a B.S. in human biology from Michigan State University. He is also a guest lecturer on wealth management at New York University’s Stern School of Business.
“Boston Private is committed to providing our clients with market-leading offerings and we’re excited for Bill and Edward to help us continue to evolve our products, services and holistic advice for ultra-high-net-worth and family office clientele,” said CEO Anthony DeChellis. “Adding Bill and Edward to our team is another investment towards our mission of providing financial services with a keen understanding of clients’ needs, expectations and goals.”
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About Boston Private
Boston Private is a leading provider of fully integrated wealth management, trust and private banking services. For over 30 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 offices across the U.S. including Boston, San Francisco, San Jose, Los Angeles, Palm Beach and Naples. Private banking and trust services are provided through Boston Private Bank & Trust Company, a Massachusetts Chartered 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 bostonprivate.com
Private Banking and Trust services are offered through Boston Private Bank & Trust Company, a Massachusetts Chartered Trust Company. Wealth Management services are offered through Boston Private Wealth LLC, an SEC Registered Investment Adviser and wholly owned subsidiary of Boston Private Bank & Trust Company.
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