Strategy

West Coast Bank Moves into Wealth Management

Stephen Harris 24 January 2007

West Coast Bank Moves into Wealth Management

California’s Bank of Marin has created a new private banking service to cater to Marin County's wealthy residents. "We don't intend to establish static monetary thresholds but will assess each account individually," Russell Colombo, chief executive, said. "Our goal is to establish a comfort level for the customer so that they feel confident that their financial interests are being well served." Patrick London will serve as executive vice president and director of private banking at Bank of Marin. Phyllis Cope will be vice president of private banking for Novato and Sonoma. Bank of Marin, with eleven offices in Marin and Sonoma counties, maintains its administrative offices in Novato and its wealth management services at the Corte Madera branch.

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