Bailout Bank Bio: Boston Private Financial Holdings Inc.

Dec 5, 2008 | 3 min read | Print Article

Boston Private Financial, Inc. is a holding company located in Boston, Massachusetts. The company owns a number of financial services related firms across the country that, together, comprise the Boston Private Wealth Management Group. In late November the company announced that it would participate in the Treasury Department’s Capital Purchase Program, and would receive $154 million under the program. The company began in 1986 as Boston Private Bank & Trust.

Boston Financial has recently been discussed as a company that Morgan Stanley may acquire in its bid to enter the retail banking sector. As recently as September, Boston Financial received a $75 million investment from The Carlyle Group.

Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles

Bailout Bank Bio: Boston Private Financial Holdings Inc.


Federal Equity Investment	$154 million
Total Revenue	$585 million (2007)
Net Income	$4.2 million (2007)
Number of Employees	1,166
Corporate Headquarters	Boston, Massachussetts
Business Sector	Banking, Financial Services
Officers and Directors	Timothy Vaill, Chairman and CEO Other Officers and Directors
Corporate Website	http://www.bostonprivate.com/
Executive Compensation	Boston Private Financial

►Financial Documents

9-30-2008 Boston Private 10-Q

6-30-2008 Boston Private 10-Q

3-31-2008 Boston Provate 10-Q

2007 Boston Private 10-K Amendment to Annual Report

2007 Boston Private 10-K Annual Report

► Federal contracts

No federal contracts found

► Lobbying reports (if any)

Third Quarter 2008

No lobbying reports found

►Political Contributions

Center for Responsive Politics (last accessed 12/5/2008)

Employee contributions

No PAC contributions found

In addition, Boston Financial is a holding company for a number of banks and other financial entities. Contribution records were not checked for those other entities or their employees.

► Related Articles

December 1, 2008 Morgan Stanley Blitzes Into Banking (Wall Street Journal)

December 1, 2008 Morgan Stanley may acquire retail banks (The Deal)

December 3, 2008 Carlyle Group to cut 10% of staff, close Menlo Park (Silicon Valley / San Jose Business Journal)

The Uncertain Future of Tax Extenders

November 26, 2008 FDIC Lets Firms Without Charters Bid for Bank Assets (Bloomberg)

Pentagon Fails Audit for 6th Straight Year

November 19, 2008 Boston Private Financial Holdings Receives Preliminary Approval to Participate in U.S. Treasury TARP Capital Purchase Program (MarketWatch)

November 19, 2008 Boston Private Financial Holdings to get aid (Boston Business Journal)

October 23, 2008 Boston Private Financial Holdings Inc. Q3 2008 Earnings Call Transcript (Seeking Alpha)

September 30, 2008 Boston Private Financial Holdings Completes $75 Million Investment By The Carlyle Group (BusinessWire Press Release)

Last Updated December 5, 2008