GREENWICH, Conn., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Fieldpoint Private, the fast-growing wealth advisory and private banking boutique serving families and institutions, announced that Global Finance magazine has recognized the firm in its “World’s Best Private Banks 2021 Awards,” for excellence in crisis management, based on the Fieldpoint Private’s response to the COVID-19 pandemic.
Global Finance’s annual awards are based on public filings, industry sources and data provided by banks, as well as perspective from analysts and consultants. The New York City-based publication has readers in 163 countries.
The award recognizes Fieldpoint’s aggressive response in deploying new technology to transition to remote access technology, helping entrepreneurs secure credit and protect more than 1,400 jobs, and providing direct relief to hundreds of front-line health emergency staff and first responders during the crisis’ peak. “Fieldpoint Private shines in this new category,” said the publication in a statement.
Stephen Scott, Chief Operating Officer of the firm’s banking unit, said Fieldpoint’s crisis response was accomplished by employees -- through nights and weekends -- working from their kitchens, dens and attics. “For example, over the course of three weeks we created a product and gained approval for a lending specialty that was previously not even in our business model,” he said, referring to the firm’s participation in U.S. Small Business Administration’s Paycheck Protection Program.
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 clients 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 service approach offers a unique client experience custom crafted to each client’s financial needs.
Banking Services: Fieldpoint Private Bank & Trust
Registered Investment Advisors: Fieldpoint Private Securities, LLC, is a SEC Registered Investment Advisor and Broker Dealer. Member FINRA, SIPC.