Boston Private Financial Holdings, Inc. engages in the business of wealth management. It operates through the following segments: Private Banking; Wealth Management and Trust; Investment Management; and Wealth Advisory. The Private Banking segment provides services to privately owned businesses, private partnerships, and non-profit organizations. The Wealth Management and Trust segment offers comprehensive wealth management solutions for individuals and families, including customized investment solutions, wealth planning, trust, and family office services. The Investment Management segment refers to the services given to serve the needs of pension funds, endowments, trusts, foundations and select institutions, and mutual funds. The Wealth Advisory segment provides planning-based financial strategies including, fee-only financial planning, tax planning, tax preparation, estate and insurance planning, retirement planning, charitable planning, intergenerational gifting and succession planning. The company was founded on September 2, 1987 and is headquartered in Boston, MA.