Fieldpoint Private Welcomes Another U.S. Trust Veteran

GREENWICH, CT--(Marketwire - May 15, 2012) - Fieldpoint Private, the fast-growing wealth advisory and private banking firm serving ultra high net worth families and institutions, announced today that Jeffrey Ferraro has joined the firm's New York office as a Managing Director. Mr. Ferraro joins from Bank of America's U.S. Trust unit, where he advised on $1.3 billion in assets, encompassing investments and banking for approximately 40 clients.

Of his decision to move, Mr. Ferraro said it is important that his clients know he is with a firm that views the client relationship the same way he does. "I was looking for a place where it is client first, firm second, and where everyone at the firm has a vested interest in the client's success above everything else," he said. "Here I know that my clients can be certain I am acting as an unconflicted advocate on their behalf."

Robert S. Matthews, President and CEO of Fieldpoint Private, believes Mr. Ferraro's wealth advisory philosophy is a perfect match for the firm. "Since the day he started working with wealthy clients, Jeff has always advised on both sides of the balance sheet," Matthews said. "He had many opportunities over the years to specialize in investments alone, or to focus only on banking or lending, but he understood that putting the client first means advising the whole client. He has found the right home."

Mr. Ferraro is joined by another U.S. Trust alumnus, Caroline McGuire, who comes to Fieldpoint Private as a Member Service Associate. Mr. Ferraro is a graduate of Villanova University, and began his career 20 years ago at The Chase Manhattan Bank. There he led a team that focused exclusively on advising and servicing the needs of business owners and senior executives. In 2000, Mr. Ferraro moved to The Fleet Private Clients Group which, following its acquisition by Bank of America, became part of U.S. Trust. While there, he ranked consistently in the top 10% of the firm's advisors, developing his practice advising wealthy families, corporate executives and business owners on wealth planning, asset allocation, investment selection, banking, lending and wealth transfer strategies.

About Fieldpoint Private
Headquartered in Greenwich, Connecticut, Fieldpoint Private (www.fieldpointprivate.com) 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 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.