SAN FRANCISCO, Dec. 9, 2015 /PRNewswire/ -- Bank of the West Wealth Management Group announces Private Business Owner Solutions providing business owners with integrated financial solutions delivered by a team of banking experts. Kristin Nelson, Head of Private Business Owner Solutions, leads this initiative in which wealth management advisors work alongside the business and commercial bankers to deliver comprehensive solutions to the Bank's business owner clients. Nelson reports to Steve Prostano, head of the recently-launched Family Wealth Advisors.

Private Business Owner Solutions provides a coordinated, team approach for business owners as they manage their personal and business affairs. As a company evolves through the business lifecycle, the complexity of the balance sheet drives different needs, while personal wealth management needs may also shift. Private Business Owner Solutions creates a holistic view to support these dynamic changes. The team will provide capital advisory and banking services, global investment management and consulting, retirement and investment* services, estate administration, strategic philanthropy, and trust services.

"Kristin has extensive experience working with successful business owners on the often-complex financial situations that arise through building, growing, and passing along your business," said Prostano. "Our mission is to provide business owners with the full suite of solutions and attention they require at work and at home."

Nelson has more than 20 years of experience in financial services and wealth management, including positions with Deutsche Bank, Bank of America, and BNY Mellon, before joining Bank of the West. Her roles have involved working with private business owners and corporate executives in financial and business planning to meet their unique needs, such as cash flow challenges, protection issues, tax related issues, retirement, and pre- and post-succession planning.

Bank of the West, a subsidiary of BNP Paribas—one of the leading wealth managers in the world— offers business owners access to global solutions and decades of experience serving clients. Private Business Owner Solutions is an extension of BNP Paribas' core tenant of being "one bank for entrepreneurs." These solutions from Bank of the West are delivered through a network of offices throughout the Western United States, attuned to the unique needs of each community.

"We provide comprehensive services for our clients so they can focus on the things that matter most: their families and their businesses," said Nelson. "We've built an environment where our clients have access to a coordinated team of professionals to address each of their financial needs. We bring together the right experts—both within and outside the bank—to build a holistic financial plan to suit each client's personal, business, and financial goals."

About Bank of the West Wealth Management Group
Bank of the West Wealth Management provides wealth planning, investment management*, personal banking, philanthropy, and trust services. The group is part of BNP Paribas' global wealth management business of more than 6,300 professionals in 30 countries worldwide with over $15.5 billion** in assets under management in the United States and €305 billion ($345 billion) in assets under management globally as of June 2015.

About Bank of the West
Bank of the West is a regional financial services company chartered in California and headquartered in San Francisco with $74 billion in assets as of September 31, 2015. Founded in 1874, Bank of the West provides a wide range of personal, commercial, wealth management and international banking services through more than 600 offices in 22 states and digital channels. Bank of the West is a subsidiary of BNP Paribas, which has a presence in 75 countries with 185,000 employees.

Deposit and loan products offered by Bank of the West, Member FDIC and  Equal Housing Lender. In South Dakota, Bank of the West operates under the name Bank of the West California.

Bank of the West Wealth Management offers products and services through Bank of the West and its various affiliates and subsidiaries. 

*Securities and variable annuities are offered through BancWest Investment Services, a registered broker/dealer, Member FINRA/SIPC, and SEC Registered Investment Advisor. Financial Advisors are Registered Representatives of BancWest Investment Services. Fixed annuities/insurance products are offered through BancWest Insurance Agency in California, (License #0C52321), through BancWest Insurance Agency in Utah and through BancWest Investment Services, Inc. in AZ, CO, IA, ID, KS, MN, MO, ND, NE, NM, NV, OK, OR, SD, WA, WI, WY, HI, GUAM and CNMI. Advisory Services are offered through BancWest Investment Services, an SEC-registered investment advisor. Bank of the West and its various affiliates and subsidiaries are not tax or legal advisors. 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.

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SOURCE Bank of the West

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