Acquisition of Broker Dealer Expands Fieldpoint Private and Its Wealth Management Platform

GREENWICH, CT--(Marketwire - Jun 16, 2011) - Fieldpoint Private Bank & Trust announced today the recent purchase of Nutmeg Securities LLC, a broker dealer located in Westport, CT. The acquisition enables Greenwich, CT-based Fieldpoint Private to expand its current wealth management offering to include traditional debt and equity securities transactions as well as insurance and annuities contracts. Details of the transaction were not disclosed.

"The addition of Nutmeg Securities and its technology complements Fieldpoint Private's independent Wealth Management platform and investment capabilities," said Robert S. Matthews, President & CEO of Fieldpoint Private. "We will continue to service the needs of Nutmeg's clients and look forward to enhancing the wealth strategy potential for our Members at Fieldpoint Private, now incorporating Nutmeg's core expertise."

Nutmeg Securities LLC was founded in 1986. Since its inception, it was purposely aligned with the interests of its clients and traders, ensuring conflict-free wealth management decisions, which, according to Matthews, matches the perspective of Fieldpoint Private. For more than 20 years, Nutmeg Securities focused on meeting needs and expectations of its clients providing agency-only, execution and settlement services, and will add to the existing wealth management expertise at Fieldpoint Private.

Nutmeg Securities LLC, a subsidiary of Fieldpoint Private Bank & Trust, will exist as a wholly-owned operation of Fieldpoint Private from its Westport, CT, location.

About Fieldpoint Private Bank & Trust
Fieldpoint Private Bank & Trust (www.fieldpointprivate.com), located in Greenwich, Connecticut, is a boutique financial firm providing the highest degree of personalized, confidential wealth planning and private banking services. Catering to highly successful individuals, families, businesses and institutions, Fieldpoint Private offers a powerful combination of Wealth Management and strategy, Family Office, Private Banking and Business Banking services addressing every financial need for each of our Members including: Wealth Transfer Advice, Tax Planning, Aggregation and Performance Reporting, Risk Management, Goals-Based Investing Strategies, Sophisticated Investment Selection, Discreet and Personalized Banking, Highly Customized Credit Solutions, Custom Custody and Trust Solutions, Highly Attentive/Responsive Service and Concierge Services.

Fieldpoint Private Bank & Trust was established in 2008 by 31 Founders with a specific vision and purpose. These extraordinary leaders of industry and community recognized the opportunity to create a financial firm totally attuned to people's individual circumstances. Our firm is built on a philosophy of exclusive Membership and client-centricity. Working with a limited number of relationships gives every person the experience of belonging to an extremely selective group. The result is a new breed of institution established on the basis of personalization, responsiveness, and exclusivity, and an ensured commitment to impeccable service and consistently flawless execution. Our Member-oriented service approach offers a unique client experience custom crafted to each Member's financial needs.