Our Story

On October 2, 2014, substantially all of the assets and liabilities of Banyan were acquired by BPBTC to form BP Wealth Management, LLC (“BPWM”). BPWM will be the successor registered investment adviser to Banyan, and will continue to offer investment management services previously offered by both entities.

In accordance with the rules under the Investment Advisers Act of 1940 (the “Advisers Act”), BPWM will rely upon Banyan’s investment adviser registration under the Advisers Act until BPWM becomes a registered investment adviser with the U.S. Securities and Exchange Commission (“SEC”). BPWM will file its registration statement with the SEC on or about October 9, 2014 and its registration will be effective within 30 days.

Documents containing the name Banyan, Banyan Partners, Boston Private Bank & Trust Company Wealth Management & Trust, will be used by BPWM for day-to-day business purposes as we complete our integration.

BPWM will combine the business and operations of Banyan and BPBTC’s Wealth Management & Trust division (“WM&T”) and will offer investment management, investment advisory, investment consulting, wealth planning services, and family office services as well as private banking, trust services in partnership with BPBTC. The merger of Banyan and WM&T will leverage the combined firms’ depth and breadth of investment expertise, deliver innovative and contemporary wealth advisory services and offer direct access to BPBTC’s tradition of distinctive services to private clients.

BPBTC is a wholly-owned subsidiary of Boston Private Financial Holdings, Inc. (NASDAQ: BPFH)

Our Vision

Founder and CEO, Peter J. Raimondi, JD established Banyan in 2006 with a vision of redefining the investment advisory space. Today, Banyan advises on nearly $4 billion in client assets with a culture hand-crafted from the ground up on expertise, passion and exemplary client focus.

Our firm is named for the banyan tree, a species found in Florida and native to India where these stately trees were cherished for their shade, shelter and as special meeting places for traveling merchants (called banias) to discuss business and finances.

As a symbol of both trade and protection, the banyan tree represents the important position we take as a firm in helping our clients grow and protect their wealth while providing a solid foundation for their futures, just as the banyan tree’s massive roots support a huge canopy overhead. Our goal is to provide our clients with peace of mind in the knowledge that we value our place in their lives and that we are committed to helping guide them on the financial journey we take together.

The Banyan Difference

Personalized Service

Banyan provides the resources of a larger firm with the personal, one-on-one service of a small boutique. We hand-craft a unique investment plan designed to help you realize your financial objectives and avoid obstacles to your success. In addition to our custom investment solutions, we can arrange estate, tax, charitable and trust planning services through a trusted law firm with which we have a long-standing, professional relationship.

 

Independent Oversight, Full Transparency

Banyan always places our clients’ interests first. Assets are held in the client’s name in separate accounts at an independent custodian. Clients maintain full transparency into their personal accounts through the custodian’s website and monthly account statement.

 

Invested in Your Success

Employee-owned and operated, Banyan is uniquely structured to succeed based on the success of our client relationships. To further ensure our high fiduciary standards, the firm is overseen by a Board of Directors, Executive Committee and Investment Committee comprised of a group of highly experienced industry leaders including former CEOs, Presidents, and Chief Investment Officers of numerous highly respected investment management organizations.

Direct Partnerships

Each client partners with a client advisor to develop and implement a personalized investment plan designed to meet your needs. Your team will be in regular contact with you to evaluate your investment progress. Your team is also available to collaborate with other financial professionals in your service such as your trust and estate attorney, CPA, or insurance specialist.

 

Unbiased Research

Banyan’s Investment Committee conducts independent research and analysis of individual securities, sectors, exchange traded funds, mutual funds, and separately managed accounts based on our macroeconomic viewpoint. We do not rely on Wall Street – or the main stream media – to direct our investment decisions or advice.

 

Consistent Communication

As part of our ongoing dialogue with clients, we offer a quarterly outlook newsletter and an interactive, quarterly conference call. We also offer occasional seminars, white papers and webcasts for our clients.

Banyan is headquartered in Palm Beach Gardens, Florida. Next to the world class PGA National Golfing Resort.