BOSTON PRIVATE BANK & TRUST CO

Boston Private Bank & Trust Co is an investment management and banking services firm based out of Boston, Massachusetts. The company was originally established in 1983 as the Trust Management Bank and would change its incorporated name to its current Boston Private Bank & Trust in 1986. Boston Private Bank & Trust currently operates as a subsidiary of Boston Private Financial Holdings, Inc. The company has expanded its operations to now have 34 total offices located in Massachusetts, California, Florida, Wisconsin, Georgia and Texas and offers a wide variety of services including cash management products and services, wealth advisory and planning, trust administration, specialty asset management, estate and trust settlement, commercial lending services, and a variety of community investment services, among many other services. Boston Private Bank & Trust Co believes in “establishing a close personal relationship with each client in order to provide a sound, custom approach” for each of its client’s needs. The company conducts its research internally and externally, allocating its assets across a wide variety of sectors. Boston Private Bank & Trust Co invests most heavily in the finance sector, which alone makes up a fifth of the firm’s total asset allocations, and also invests in the information technology, health care, of which the previous two make up over a sixth of the firm’s total allocations, consumer staples, consumer discretionary, energy, and industrials sectors, among other sectors to a lesser degree, in order of decreasing allocation. Boston Private Bank & Trust Co holds its allocations for just under 16 quarters on average, although the firm only holds its top 10 allocations for 9.7 quarters on average. The company’s top 10 holdings take up approximately 16.1% of the firm’s total holdings and, in the most recent quarter, Boston Private Bank & Trust Co had a turnover rate of 10.6%.