Press Releases > Press Release: Boston Private Adopts Nitrogen Elite Firmwide

Press Release: Boston Private Adopts Nitrogen Elite Firmwide

We’re thrilled to welcome Boston Private to the Fearless Investing Movement! Read’s today’s full press release below.


Boston Private Adopts Nitrogen Elite Firmwide

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

AUBURN, CALIFORNIA — December 9, 2020Nitrogen, formerly 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 Nitrogen 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 Nitrogen. “Boston Private has earned its reputation across the profession, and we’re proud that they’ve put their trust in Nitrogen Elite.”

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

Nitrogen Elite includes:

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

Boston Private will implement the Nitrogen 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. “Nitrogen’s extensive coverage of securities and ability to deeply analyze the most complex of portfolios gives our advisors valuable insights to ensure clients’ portfolios are tailored to their true risk tolerance.”

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About Nitrogen

Nitrogen 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 Nitrogen platform to create alignment between clients and portfolios, leverage sophisticated analytics to increase the quality of their advice, automate client engagement, and more — all with the mission of empowering the world to invest fearlessly. To learn more, visit nitrogenwealth.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/.

MEDIA CONTACT:

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