Boston Private Financial Holdings, Inc. is the bank holding company for Boston Private Bank & Trust Company. Boston Private Bank is principally engaged in providing banking, investment and fiduciary products and services to high-net-worth individuals, their families and businesses. Boston Private Bank offers its clients a broad range of basic deposit services, including checking and savings accounts, with automated teller machine (ATM) access and cash management services through sweep accounts and repurchase agreements. In addition, Boston Private Bank also offers commercial, residential mortgage, home equity and consumer loans, as well as investment advisory and asset management services, securities custody and safekeeping services, trust and estate administration and individual retirement and Keogh accounts. The Company had total assets of $1.8 billion as of December 31, 2002.