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KLS Professional Advisors Group merges with Boston Private Wealth

KLS Professional Advisors Group LLC has been formally integrated with Boston Private Wealth LLC, which is a wholly owned subsidiary of Boston Private Bank & Trust Co.

The legal process of merging the two entities was completed Sept. 1.

Gary Sica, senior managing director of KLS Professional Advisors Group, will continue to lead the New York-based team in partnership with Bill Woodson, Boston Private's head of wealth advisory and family office services. The team will operate under the name KLS, a division of Boston Private.

Boston Private Financial Holdings Inc., the parent of Boston Private Bank & Trust, increased its stake in KLS Professional Advisors Group to 100% in 2010.