The Boston Family Office was founded by professionals who had actively managed the financial affairs of their families, as well as those of other individuals and trusts, for decades. Over that time, they had piloted people through bear, bull and laggard markets, through inflation, and through recessions and recoveries. They were concerned about the ever increasing consolidation in the financial industry and wanted to create a firm where the client would remain the primary focus. With that principal in mind, the core group of David Richardson, Jr. George Putnam, III, Ned Weld, Dick Macklem, George Beal and Solange Bell opened the office in the fall of 1996.
The goals of the founders were to develop a comprehensive financial plan for each client, to manage the assets with the same care and insight as they managed their own affairs, and to manage the assets both for this generation and for the generations to come. We still value these goals to this day. While our assets have grown from $100 million when we opened the door in 1996 to over $1 billion today, we remain committed to maintaining our independence and providing our clients with individualized portfolio management.