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Boston Private Wealth president steps down

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Boston Private Wealth president steps down

Boston PrivateWealth LLC President Peter Raimondi stepped down from his post effectiveApril 29, pursuant to a May 2 separation agreement.

He also vacated his seat on the board of the unit,as disclosed in a Form 8-K filed May 3.

Raimondi will receive his current annual base salary for twoyears following his separation date as part of the separation agreement, effectiveMay 9. He will also provide ongoing consulting services following the separationdate.