Commercial Banker Adds to Wealth Boutique’s Growing Momentum with Entrepreneurs
GREENWICH, Conn., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Fieldpoint Private, the fast-growing wealth advisory and private banking boutique serving families and institutions, announced that Shivendra “Vid” Persaud has joined the firm’s New York City office as a Commercial Banker.
H. Russell Holland, President and CEO of Fieldpoint’s banking unit, said that Mr. Persaud is part of a growing team of commercial bankers who have elected to join the firm as it adds depth in support of its Advisors and Fieldpoint’s expanding roster of entrepreneur clients. He is the third such addition in recent months, following Earl “Tripp” Moore and Adam Ercoli, both formerly with Connecticut-based Patriot Bank, who joined in August.
Mr. Persaud joins Fieldpoint Private from Citigroup, where he was a Wealth Relationship Manager, working with corporations and ultra-high-net-worth individuals. Prior to that, he served with Astoria Bank, advising commercial and private clients across commercial banking, as well as investment and insurance solutions. Mr. Persaud began his career with Capital One Bank, where he was a relationship banker.
Mr. Persaud said that Fieldpoint Private’s approach to private commercial banking had quickly struck a nerve with him. “This firm sees commercial banking differently,” he said. “They view it as wealth management for the business, and ultimately as the wealth engine for the entrepreneur. It’s a custom, client-first philosophy that extends all the way through a business’ liquidity event and beyond. I knew my clients would want me to be here.”
Mr. Holland said that he sees Vid as emblematic of the approach Fieldpoint Private brings to its clientele. “We knew right away that Vid and Fieldpoint are cut from the same cloth,” he said. “Vid understands there is a difference between transactions versus solutions, of sales versus relationships, of treating someone as a customer versus as a client.”
About Fieldpoint Private
Headquartered in Greenwich, Connecticut, Fieldpoint Private (www.fieldpointprivate.com) is a boutique financial firm providing the highest degree of personalized, confidential wealth planning and private banking services. Catering to highly successful individuals, families, businesses and institutions, Fieldpoint Private offers a powerful combination of wealth management and strategy, family office, private banking and business banking services addressing every financial need for each of our clients including: wealth transfer advice, tax planning, aggregation and performance reporting, risk management, goals-based investing strategies, sophisticated investment selection, discreet and personalized banking, highly customized credit solutions, custom custody and trust solutions, highly attentive/responsive service and concierge services.
Fieldpoint Private was established in 2008 by 31 Founders with a specific vision and purpose. These extraordinary leaders of industry and community recognized the opportunity to create a financial firm totally attuned to people’s individual circumstances. Our firm is built on a philosophy of exclusive membership and client-centricity. Working with a limited number of relationships gives every person the experience of belonging to an extremely selective group. The result is a new breed of institution established on the basis of personalization, responsiveness, and exclusivity, and an ensured commitment to impeccable service and consistently flawless execution. Our service approach offers a unique client experience custom crafted to each client’s financial needs.
Banking Services: Fieldpoint Private Bank & Trust
Registered Investment Advisors: Fieldpoint Private Securities, LLC, is a SEC Registered Investment Advisor and Broker Dealer. Member FINRA, SIPC.
CONTACT: Media Contact: Michael White Chief Marketing Officer Fieldpoint Private 203.413.9340 firstname.lastname@example.org