SAN FRANCISCO, April 9, 2013 /PRNewswire/ -- Bank of the West today announced the opening of its wealth management center in Walnut Creek, located at 1333 N. California Boulevard. This center expands the bank's wealth management presence in the San Francisco area as the fourth dedicated location to serve affluent and high net worth wealth management clients.
Other Bay Area locations include centers in San Francisco at 555 Market Street; in San Jose at 50 West San Fernando Street; and in Palo Alto at 414 South California Street.
The teams based at the centers address a full set of client financial needs with solutions ranging from deposit services and private mortgage banking to investment management and trust services. Business banking officers are embedded with the teams to collaborate on services for business owners.
"With our new location, we're pleased to give our wealth management clients another option for connecting with our team of advisors to discuss and plan strategies that best meet their needs," said John Bahnken, head of the bank's Wealth Management Group and senior executive vice president. "These centers enable us to bring together professionals from across the bank to collaborate and deliver to clients a full range of solutions and holistic wealth management plans."
The Walnut Creek location is Bank of the West's eighth wealth management center. In addition to the four Bay Area locations, the bank has opened other dedicated wealth management centers during the past two years in downtown Los Angeles, Beverly Hills, Pasadena and Denver.
Bank of the West Wealth Management provides wealth planning, investment management*, personal banking, and trust services. The group is part of BNP Paribas' global wealth management business of more than 6,000 professionals in 30 countries worldwide with over $10 billion** in assets under management in the United States and $354 billion (€265 billion) in assets under management globally as of December 31, 2012.
About Bank of the West: Founded in 1874, $63 billion-asset Bank of the West (www.bankofthewest.com), member FDIC and equal housing lender, offers a wide range of personal, commercial, wealth management and international banking services. The bank operates more than 700 retail and commercial banking locations in 19 Western and Midwestern states. Bank of the West is a subsidiary of BNP Paribas, which has a presence in 80 countries with nearly 200,000 employees.
All investments involve risk. Investors should seek the advice of a financial professional regarding the appropriateness of any securities or strategies discussed.
The information presented should not be construed or used as a specific recommendation for the investment of assets. Such information is not intended as an offer or a solicitation of an offer, to purchase or sell any security or financial instrument, nor does the information constitute advice or an expression of the Bank's view as to whether a particular security, investment strategy, or financial instrument is appropriate for you and meets your financial objectives.
*Securities and variable annuities are offered through BancWest Investment Services, Inc., a registered broker/dealer, Member FINRA/SIPC. Financial Advisors are registered representatives of BancWest Investment Services, Inc. Fixed annuities/insurance products are offered through BancWest Insurance Agency in California (License # 0C52321) and through BancWest Insurance Agency in Utah, and through BancWest Investment Services in AZ, CO, IA, ID, KS, MN, MO, ND, NE, NM, NV, OK, OR, SD, WA, WI, WY, HI, Guam and CNMI. Bank of the West and its various affiliates and subsidiaries are not tax or legal advisors.
Bank of the West Wealth Management provides financial products and services through Bank of the West and its various affiliates and subsidiaries.
BancWest Investment Services is a wholly owned subsidiary of Bank of the West and a part of the Wealth Management Group. BancWest Corporation is the holding company for Bank of the West. BancWest Corporation is a wholly owned subsidiary of BNP Paribas.
Investment and Insurance Products are:
NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE • NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
** Including assets under supervision at BancWest Investment Services