After more than 20 years with our company, Boston Private President George Schwartz retires at the end of November.
George has been a tremendous part of the growth of Boston Private. Joining our company in 1998, George initially developed our Treasury function, our balance sheet management process, and our approach to Deposit Sales and Service. He led the growth of our Private Banking business, in New England and on the West Coast. He has built strong relationships with our clients; and his steady hand has guided Boston Private through a wide range of industry, company and market changes.
Our success as Boston Private Bank speaks directly to George’s many contributions. When George joined us in 1998, Boston Private Bank was made up of $300 million in financial assets and 61 employees. Today, we have a balance sheet with more than $8 billion of assets and more than 750 employees.
Perhaps most importantly, George has been a tireless guide to employees – from being a formal mentor, to offering quiet advice after meetings, or in stopping by to have impromptu conversations as he traveled throughout our offices.
George has been an invaluable leader at Boston Private. We thank him for his many contributions to our firm and wish him well in retirement.