First Private Bank & Trust Announces New Wealth Management & Trust Department.LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. -- First Private Bank & Trust has announced the opening of a Wealth Management and Trust Department, located in Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. . Only those banks specifically approved by Federal Regulators are allowed to provide Trust Services, which include estate and investment management. As a result of this approval, First Private Bank & Trust will offer a broad range of investment management, administrative, consultative and fiduciary services to the larger Los Angeles area. "This is a natural complement to the Bank's existing private and business banking activities and its uncompromising commitment to personal service," Richard Taylor Richard Taylor is the name of:
At the same time, the Bank has announced that Gary Helme has been named Executive Vice President and Chief Fiduciary Officer, and will be managing the new Wealth Management and Trust Services office at 720 Wilshire Boulevard Wilshire Boulevard is one of the principal east-west arterial roads in Los Angeles, California, United States. It was named for H. Gaylord Wilshire (1861-1927), an Ohio native who made and lost fortunes in real estate, farming, and gold mining. . "Gary Helme brings a tremendous amount of financial experience, having previously managed the $100 billion trust department of Wilmington Trust Wilmington Trust (NYSE: WL) was founded on July 8, 1903) as a banking, trust, and safe deposit company by DuPont president T. Coleman du Pont. He opened the business in the dining room and parlor of a former private residence at 915 Market Street in Wilmington, Delaware with a Company," Richard Taylor, President and CEO, noted. Helme also managed all of the trust activities for Zions Bank, including its subsidiary, California Bank & Trust in Century City and downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or . First Private Bank & Trust has offices in Burbank, Encino, Granada Hills, Santa Monica, and Westlake Village, with plans for additional locations in the near future. The Santa Monica based Trust Department will provide services for all the Bank's locations. First Private Bank & Trust is a provider of customized private banking and wealth management solutions to high net worth individuals and small businesses. It is a member of the Boston Private Wealth Management Group with more than $30 billion in managed client investments. The Boston Private Wealth Management Group is a national enterprise of independently-operated financial service firms united by a commitment to provide exceptional wealth management solutions to the high net worth marketplace, selected institutions, key intermediaries and private companies. Member firms are subsidiaries of Boston Private Financial Holdings, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BPFH BPFH Boston Private Financial Holdings, Inc BPFH Bastard Programmer from Hell ), and are provided access to financial capital and resources such as sales and marketing expertise, leadership development, legal counsel and compliance guidance. Boston Private's core competencies are private banking, wealth advisory and investment management, represented by its acquired firms which are located in demographically-attractive geographic regions. Collectively, they provide solutions for wealth accumulation, preservation, and distribution, serving the needs of a client's financial lifecycle. Boston Private's firms are deeply rooted in excellence and are distinguished by their uncompromising commitment to quality relationships and superior business results. Editors note: For further information or to arrange interviews with officers of First Private Bank & Trust contact Scott Regberg at 310-475-5735 or Jim Caringi at 818-501-1734. |
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