| Business Summary | | Boston
Private
Financial
Holdings,
Inc.
is
the
holding
company
of
four
wholly
owned
subsidiaries,
Boston
Private
Bank
and
Trust
Company,
Westfield
Capital
Management
Company,
Inc.,
Sand
Hill
Advisors,
Inc.
and
RINET
Company,
Inc.
The
Company
and
its
subsidiaries
provide
a
broad
range
of
investment
management
services
to
individuals,
family
groups,
trusts,
endowments
and
foundations,
retirement
plans
and
investment
partnerships.
These
services
include
management
of
equity,
fixed
income,
balanced
and
strategic
cash
management
portfolios.
Acting
as
fiduciary,
the
Bank
also
provides
trust
services
to
both
individuals
and
institutions.
Westfield,
acting
as
the
manager
of
seven
limited
partnerships,
earns
fees
based
on
the
performance
of
these
limited
partnerships. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BPFH,
a
holding
company
for
Boston
Private
Bank
and
Trust
Company
and
Westfield
Capital
Management
Co.,
provides
banking,
investment
and
fiduciary
products
and
services
to
high
net
worth
individuals.
For
the
six
months
ended
6/01,
interest
income
rose
49%
to
$33.7
million.
Net
interest
income
after
LLP
rose
61%
to
$16.6
million.
Net
income
rose
73%
to
$7.3
million.
Results
reflect
an
increase
in
average
balance
of
earning
assets,
and
higher
investment
management
and
trust
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Timothy Vaill, 59 Chairman,
CEO; Director of Westfield Capital, RINET and Sand Hill | $851K | $244K | Walter Pressey, 56 Pres,
CFO, Treasurer, Director | 281K | -- | C. Michael Hazard, 69 Vice
Chairman | 432K | -- | Arthur Bauernfeind, 63 Director;
Pres and CEO, Westfield Capital | 351K | -- | Richard Thielen, 60 Pres
and CEO, RINET; Director of the Company | 318K | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|