SAN FRANCISCO--(BUSINESS WIRE)--Bank of the West Wealth Management announced today that it is creating new dedicated offices for its affluent and high net worth clients. The new locations are designed to enhance the client experience by providing a convenient and private environment staffed by the bank’s private client advisors (PCAs) and other wealth management experts focused on addressing the range of financial issues affluent and high net worth clients face.
The first opening is in the Denver metro area at 9335 East County Line Road in Centennial, Colo., and is one of five that the group will open in 2011. Other locations are planned to launch this year in the San Francisco and Los Angeles areas.
“With our clients’ wealth management needs growing more complex, we feel it is important to continue to invest in how we serve them. One key step is the creation of a physical environment appropriate for our wealth management clients to have the privacy needed for in-depth discussions of their financial matters. At each of these locations, we will have a team of client advisors and other wealth management experts. We believe that the new locations will provide the convenience and personalized service that our clients have come to expect from us,” said John Bahnken, head of Bank of the West Wealth Management and senior executive vice president.
In recent months, Bank of the West Wealth Management has added to its resources in the Denver area, enhancing its new private client services model for serving the financial needs of affluent and high net worth individuals. PCAs are at the center of this model and serve as the dedicated relationship managers for affluent and high net worth individuals and families, bringing together an integrated set of solutions as well as wealth management experts to address the range of financial issues affluent and high net worth clients face.
Bank of the West Wealth Management provides wealth planning consulting, investment management*, personal banking, and trust services. The group is part of BNP Paribas’ global wealth management business of more than 6,000 professionals worldwide with nearly $10 billion** in assets under management in the United States and $365 billion (€257 billion) in assets under management globally as of December 31, 2010.
About Bank of the West:
Founded in 1874, $59 billion-asset Bank of the West (www.bankofthewest.com),
member FDIC offers a full range of personal, commercial, wealth
management and international banking services. The bank operates more
than 700 retail and commercial banking locations in 19 Western and
Midwestern states. Bank of the West is a subsidiary of BNP Paribas, one
of the world's largest and best rated banks*** with more than 200,000
employees in more than 80 countries.
***Rated AA- by Standard &
Poor’s as of October 14, 2011
*Investments and variable annuities are offered through BancWest Investment Services, Inc., a registered broker/dealer, Member FINRA/SIPC. Financial Advisors and Private Client Advisors are registered representatives of BancWest Investment Services, Inc. Fixed annuities/insurance products are offered through BancWest Insurance Agency in California (License # 0C52321) and through BancWest Insurance Agency in Utah, and through BancWest Investment Services in AZ, CO, IA, ID, KS, MN, MO, ND, NE, NM, NV, OK, OR, SD, WA, WI, WY
Bank of the West Wealth Management provides financial products and services through Bank of the West and its various affiliates and subsidiaries. Neither BancWest Investment Services, Inc., nor Bank of the West offers tax, accounting, regulatory or legal advice to clients.
BancWest Investment Services, Inc., is a wholly owned subsidiary of Bank of the West. BancWest Corporation is the holding company for Bank of the West. BancWest Corporation is a wholly owned subsidiary of BNP Paribas.
Investment, Annuity, and Insurance products are:
NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE • NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
** Including assets under supervision at BancWest Investment Services