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Boston Private Wealth appoints chief investment officer

Boston Private Wealth LLC has appointed Shannon Saccocia chief investment officer.

She most recently was the company's chief investment strategist.

Former Chief Investment Officer Tom Anderson will now focus on his COO duties. He also is the company's national head of trust and fiduciary services.

Boston Private Wealth is a unit of Boston Private Bank & Trust Co., which in turn is a unit of Boston Private Financial Holdings Inc.