SVB Welcomes Boston Private
A message from Yvette Butler, President of SVB Private Banking & Wealth Management
SVB has completed the acquisition of Boston Private, a leading provider of wealth management, trust and banking services, and we’re excited to welcome Boston Private clients and employees to SVB Private Bank.
For nearly 40 years, SVB has helped new companies – and new ideas – grow and succeed. We have learned from and become a driving force in the innovation economy by supporting the entrepreneurs building new companies as well as the investors who finance them and the many others who help this economy thrive. With that knowledge comes unique insights and expertise that enable us to expand opportunities for our clients.
Together SVB and Boston Private are well positioned to meet and exceed your expectations of service and deliver the understanding, guidance and solutions to help build your wealth and expand opportunities for today and tomorrow.
Strengthening Communities and Expanding Opportunities
Continuing our commitment to small businesses, affordable housing and low- and moderate-income communities with an $11.2 billion investment over five years.
Frequently Asked Questions
Will there be any changes to my main contacts at Boston Private or SVB Private Bank?
Will my account number, wire instructions, routing number, auto-debit instructions, etc. change?
How long will the integration take?
How much notice will I be given about changes that may affect me?
What is the expected timing for the redesigned technology platform and availability of new products and solutions?
Can I visit an SVB office or ATM now to conduct my transactions with Boston Private?
Can I use a Boston Private branch or ATM now to conduct my transactions with SVB?
Will any of the Boston Private branches close?
Will Boston Private’s name change?
Boston Private Bank and Trust Co. has been merged into and is now Silicon Valley Bank. Banking, lending, and trust products or services under the name Boston Private are offered by Silicon Valley Bank, a California bank with trust powers. Silicon Valley Bank is a member of the FDIC and of the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).
SVB Wealth Advisory, Inc. (member FINRA and SIPC; SEC-registered investment adviser) offers brokerage and investment management products and services and is a wholly-owned, non-bank subsidiary of Silicon Valley Bank. Boston Private Wealth LLC (an SEC-registered investment adviser) offers wealth management services and is also a wholly-owned, non-bank subsidiary of Silicon Valley Bank.
Investment Products offered by SVB Wealth Advisory and/or Boston Private are:
Not FDIC Insured
Not Bank Guaranteed
May Lose Value
None of Silicon Valley Bank, SVB Wealth Advisory, Boston Private Wealth or any of their respective affiliates provide accounting or legal advice. Estate planning requires legal assistance. Please consult your tax or legal advisors for such guidance.
© 2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. The Boston Private name, logo, and any related marks are trademarks of SVB Financial Group, used under license.
KLS, a division of SVB, became part of Silicon Valley Bank as part of its acquisition of Boston Private. Boston Private Wealth LLC (an SEC-registered investment adviser, including KLS), offers wealth management services and is a wholly-owned, non-bank subsidiary of Silicon Valley Bank.