Working at Boston Private | Glassdoor

Boston Private Overview

Boston, MA
501 to 1000 employees
1987
Company - Public (BPFH)
Finance
$100 to $500 million (USD) per year
First Republic Bank
Boston Private is a leading wealth management and private banking company, headquartered in Boston and serving clients from 34 offices in Massachusetts, California, Florida, Wisconsin, Georgia and Texas.

At Boston Private, we’re committed to ... Read more

Mission: Trust - Teamwork - Community - Excellence

Our values are at the heart of what makes Boston Private an exceptional professional work environment. All of our relationships are based on trust and respect. This cornerstone starts internally with every employee ... Read more

Boston Private Reviews

3.7
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Recommend to a friend
Approve of CEO
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Clayton G. Deutsch
12 Ratings
  • "Organization in Transition"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Boston, MA
    Current Employee - Vice President in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Boston Private full-time (More than a year)

    Pros

    Solid long term outlook. CEO has incredible vision. People are amazing and always go above and beyond. Huge investment in tech is underway. Clearly seem to be headed for an org shift as it becomes more apparent that certain functions need to consolidate to ensure consistency.

    Cons

    Senior management is incredibly stale. Most are late stage career and clearly wish it were 1985 again. Physical space in main office is dated (circa 1985...hmmm) and needs complete overhaul to foster more collaboration. Very little direction provided from top beyond overall strategy. Left to siloed business areas to implement process, which fractures the client experience. HR needs more of a leadership role in shaping culture, but has very little authority to do so.

    Advice to Management

    Break the silos and find a way to organize around client needs. Need single relationship manager for clients who is not compensated in a single business area. Run front office relationship management on a market level, but back office should all be run centrally. Need a CRO who has authority over entire sales team. Too disjointed right now.

See All 60 Reviews

Boston Private Photos

Boston Private photo of: Boston Private
Boston Private photo of: Virgin Pulse Wellness Event
Boston Private photo of: LA Angels Opening Day Event
Boston Private photo of: Themed Trivia Event
Boston Private photo of: Amercian Red Cross Blood Donation
Boston Private photo of: Fight for Air Climb - Fundraiser
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Boston Private Interviews

Experience

Experience
77%
22%
0%

Getting an Interview

Getting an Interview
66%
11%
11%
11

Difficulty

2.7
Average

Difficulty

Hard
Average
Easy
  1.  

    Summer IT Interview

    Anonymous Interview Candidate in Providence, RI
    No Offer
    Positive Experience
    Average Interview

    Application

    I applied through college or university. I interviewed at Boston Private (Providence, RI) in April 2017.

    Interview

    My communication with the company was entirely conducted through the project manager. He was friendly and showed interest in my responses during the interview. The questions were mostly behavioral, only checking for a very basic understanding of knowledge required for the position.

    Interview Questions

    • When you need to learn a new programming language, how do you go about it?   Answer Question
See All 9 Interviews

Company Updates

  • http://glassdoor.com/slink.htm?key=vIJQn

    Boston Globe, July 25, 2016 - Banks try anew to push small business loans

    The information and materials contained on this site or in any communication containing a link to this site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution would contrary to law or regulation or which would subject Boston Private Bank & Trust Company or its subsidiaries or affiliates to any registration requirement within such jurisdiction or country.

  • Boston Private Boston Private Board of Directors Member Kim Stevenson featured in Wall Street Journal article - http://glassdoor.com/slink.htm?key=vIh8o

    Intel's Kim Stevenson Says CIO Experience Led Way to Operating Role

    "The benefit of coming from IT, is that we tend to look across the company, as IT people," says Ms. Stevenson, reflecting upon her four years as CIO. She's now COO of the combined client computing and IoT group, which last quarter generated $7.87 billion of Intel's $13.5 billion in revenue.

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Boston Private Awards & Accolades

  • Boston Private Wealth LLC, a leading wealth management company, has been named “highly commended” in the Best Private Wealth Manager – Client Service category of Private Asset Management Magazine’s 2016 PAM Awards., Private Asset Management Magazine, 2016
  • FT 300 Top Registered Investment Advisers, https://www.bostonprivate.com/newsroom/news/boston-private-named-to-2016-financial-times-300-top-registered-investment-advisers-820, 2016
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Boston Private Locations

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