Boston Private expands investment team with new managing director

Industry veteran Emmett Maguire III hired to lead search & selection

Boston Private is pleased to announce the appointment of Emmett Maguire III as Managing Director of Search and Selection.

Mr. Maguire will lead Boston Private’s external manager search, selection and due diligence processes. In addition, he will be an integral part of the firm’s Asset Allocation Working Group, bringing his expertise in multi-asset class investing and portfolio construction to the firm’s creation and delivery of best-in-class investment solutions. Mr. Maguire will report directly to Executive Managing Director and Chief Investment Officer Shannon Saccocia.

“Emmett’s oversight of external manager search and selection will be a critical role for the firm as we expand our external management capabilities consistent with the needs of our clients and the marketplace,” said Ms. Saccocia. “We’re excited to have Emmett join our team and look forward to working with him as we strive to provide meaningful and diversified wealth solutions.”

Prior to joining Boston Private, Mr. Maguire worked as the Investment and Treasury Manager at Draper. He previously spent seven years at Lake Street Advisors as Director of Investments where he was responsible for leading research, selection and oversight of the firm’s investment managers, as well as creating capital market assumptions and overseeing the firm’s asset allocation across all asset classes. Earlier in his career, Mr. Maguire worked for several years as a Research Analyst at Twin Focus Capital Partners, where he developed the firm’s manager research process.