Boston Private Adopts Riskalyze Elite Firmwide

Distributed by Business Wire
9th December 2020

The Barron’s Top 100 firm chooses Riskalyze for its state-of-the-art methodology and coverage

AUBURN, Calif.–(BUSINESS WIRE)–#BostonPrivate—Riskalyze, the company that serves tens of thousands of financial advisors with risk alignment, investment analytics, and trading software, and Boston Private Wealth LLC (“Boston Private”) today announced an enterprise agreement to deliver industry-leading risk alignment and portfolio analytics to all advisors across the organization.

Boston Private is a Barron’s Top 100 firm and provider of integrated wealth management, trust, and banking services. The firm’s wealth advisors deliver comprehensive advice and custom solutions to help clients achieve their unique financial objectives. The Riskalyze platform will arm Boston Private advisors with robust and objective portfolio analysis and risk alignment.

“We’re thrilled to partner with Boston Private and the incredible advisors that represent their sterling brand,” said Drew DiMarino, Chief Growth Officer at Riskalyze. “Boston Private has earned its reputation across the profession, and we’re proud that they’ve put their trust in Riskalyze Elite.”

In addition to risk tolerance assessments and portfolio alignment tools, Boston Private advisors will be equipped with the sophisticated analytics and research tools Riskalyze has become known for.

Riskalyze Elite includes:

Detailed Portfolio Stats
Individual Security Analysis
Enhanced ways to engage with clients

Boston Private will implement the Riskalyze suite along with other platform enhancements in early 2021.

“We’re pleased to equip our advisors with powerful technology that integrates into their existing systems and workflow,” said Shannon Saccocia, Chief Investment Officer at Boston Private. “Riskalyze’s extensive coverage of securities and ability to deeply analyze the most complex of portfolios give our advisors valuable insights to ensure clients’ portfolios are tailored to their true risk tolerance.”

About Riskalyze

Riskalyze is the company that invented the Risk Number®, which powers the world’s first Risk Alignment Platform and was built on top of a Nobel Prize-winning academic framework. Advisors, broker-dealers, RIAs and asset managers use the Riskalyze platform to create alignment between clients and portfolios, leverage sophisticated analytics to increase the quality of their advice, automate trading and client account management, and access world-class models and research in the Riskalyze Partner Store — all with the mission of empowering the world to invest fearlessly. To learn more, visit www.riskalyze.com.

About Boston Private

Boston Private is a leading provider of integrated wealth management, trust and banking services to individuals, families, businesses, and nonprofits.

For more than 30 years, Boston Private has delivered comprehensive advice coupled with deep technical expertise to help clients simplify their lives and achieve their goals. The firm provides the capabilities of larger institutions with the superior service of a boutique to clients across the United States.

Boston Private is the corporate brand of Boston Private Financial Holdings, Inc. (NASDAQ: BPFH). For more information, visit https://www.bostonprivate.com/.