Peter Raimondi
Peter Raimondi (MET’80, LAW’83) of Palm Beach Gardens, Fla., is set to become CEO of a new wealth management company formed through the 2014 merger of the firm he founded, Banyan Partners, with Boston Private Bank and Trust. The merger will significantly reshape the wealth-management sector, creating a new entity with $9 billion in assets. Raimondi’s professional journey has taken him from law school—which he attended with the goal of representing artists—to entrepreneurship. He founded the Boston-based financial planning firm Colony Group in 1986, establishing long-standing client relationships. After moving to Florida in 2006, he formed the Palm Beach–based Banyan Partners, which grew quickly. Peter has always credited BU for his life successes and has consistently looked to hire BU alumni. In 2014, he started a foundation at BU in honor of his late father, the Captain Peter J. Raimondi Jr. Scholarship Fund. He has also been a member of the Leadership Circle of Giving, is a past member of the Dean’s Advisory Board at MET, and previously served as managing editor of The Probate Law Journal.
From the Winter-Spring 2015 issue.