U.S. Trust Veteran Leaps to Fieldpoint Private

GREENWICH, CT--(Marketwire - Mar 22, 2012) - Fieldpoint Private, the fast-growing wealth advisory and private banking firm serving ultra high net worth families and institutions, announced today that Robert Rigoroso has joined the firm's New York office as a Managing Director. Mr. Rigoroso comes to the firm from Bank of America's U.S. Trust unit, where he advised on $1.5 billion in wealth for approximately 100 large families and institutional clients.

Having made the move from one of the most established wealth management firms, Mr. Rigoroso said he believes the contrast with Fieldpoint Private could not be clearer. "Fieldpoint has built what every client I know would build if they were putting together their own family office," he said. "It's all there -- unbiased investment advice, lending, cash management, performance reporting on the client's entire financial picture, and a thought process that respects how interdependent these elements are."

According to Robert S. Matthews, President and CEO of Fieldpoint Private, professionals such as Mr. Rigoroso are among the key reasons the firm has grown more than ten-fold, to nearly $3 billion in assets under administration, in the past year. "We have always gotten a lot of attention for how we were founded," Matthews said, referring to the high-profile group that put the firm together in 2008, several of whom had led some of the world's largest financial firms. "But most impressive to me right now is how we're being found today. Top-notch advisors like Rob are finding their way to Fieldpoint because they can see it was built from the ground up to put their clients first."

Mr. Rigoroso's 20-plus year financial career has spanned commercial real estate investment and operations, corporate cash management and structured lending, and all aspects of wealth management including asset allocation, lending, trust and estate services, and cash management for large families and institutional clients. Prior to U.S. Trust he served as a Private Banker with The Citigroup Private Bank, and before that as a commercial banker with Bank of New York (now Bank of New York/Mellon), focusing on the needs of middle-market businesses. He began his banking career with Citigroup, in the firm's commercial real estate and corporate banking units.

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 Members 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 Bank & Trust 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 Member-oriented service approach offers a unique client experience custom crafted to each Member's financial needs.