Sand Hill Advisors Completes Management Buy-Out

Top Quote On June 30, Sand Hill Advisors of Palo Alto, CA completed an employee buy-back of the firm from their previous parent company, Boston Private Financial Holdings. Over half the staff are now co-owners, which brings a new energy and perspective to the business, along with the flexibility to expand how Sand Hill works with clients. End Quote
    QuoteOur independent ownership assures our conflict-free approach and our commitment to serve our clients over the long term.Quote
  • San Francisco, CA (1888PressRelease) August 21, 2009 - On June 30, 2009, the management of Sand Hill Advisors completed its purchase of the company from Boston Private Financial Holdings (NASDAQ: BPFH). Since it was founded in 1982, Sand Hill Advisors has provided comprehensive, planning-based financial and investment strategies for wealthy individuals, families, and charitable foundations and select institutions.

    The nine employee-owners of the firm include professionals in wealth management, portfolio management, and client services. James McCaffrey, President and COO commented, “Over half the team members in our staff meeting are now co-owners. Besides fundamentally aligning our team with the business and its clients, an additional, important advantage is that the partners contribute a new and informed perspective to the daily work we do. Their operational decisions will better the company and our client relationships.”

    Jane Williams, CEO of Sand Hill Advisors, adds, “Our new status as an employee-owned company gives us the flexibility to expand upon the ways we work with our clients. Our independent ownership assures our conflict-free approach and our commitment to serve our clients over the long term. I have challenged my new partners to be creative and proactive in serving clients and to become constructive forces within our community. Employees are excited that our program validates those key values and provides continuing opportunity through the expansion of our owner base and succession of all key roles over time.”

    Sand Hill Advisors’ financing partner is Fiduciary Network (FN) of Dallas, Texas, headed by President and CEO Mark Hurley. The relationship with FN funded the BPFH buy-out and makes it possible for broader employee-ownership of the firm. Fiduciary Network funds both internal successor transitions and management buy-outs of fee-only wealth management companies.

    For more information about Sand Hill Advisors, contact Jim McCaffrey, President and COO at 650-854-9150, or visit the company’s website at

  • FB Icon Twitter Icon In-Icon
Contact Information