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IMMEDIATE RELEASE (8/31/05)

“We are honored to be named as one of Bloomberg’s Top Wealth Managers," said Robert D. Siefert, CFP^®, Principal and Co-Founder. “It is a significant milestone for Back Bay Financial Group (BBFG) to be listed for the third consecutive year. For our clients the designation shows our continuing growth and maturity as a wealth management services firm.”

In the July/August 2005 issue of Bloomberg Wealth Manager magazine, Back Bay Financial Group, Inc. was named in the fifth annual ranking of America’s Top Wealth Managers. BBFG is the 24th fastest growing firm on the list for the 2003 to 2004 period. Ranked with 18 Massachusetts firms in a list of 500 nationwide Wealth Managers, BBFG grew by more than 76 percent in assets under management from the previous year. They were also named in the magazine’s 2004 and 2003 lists.

Siefert founded Back Bay Financial Group with John H. LeBlanc, CFP^®, in 1996 after building his private practice, serving clients throughout New England. He previously had 16 years of experience in the areas of personal trust management, pension and retirement planning, and mutual fund administration. LeBlanc also owned an independent financial planning practice before incorporating with Siefert.

LeBlanc’s broad expertise is in the areas of retirement planning, real estate, stock option analysis and portfolio design, while Siefert’s expertise is in the area of portfolio construction, retirement accumulation and distribution strategies. Siefert’s interest in philanthropy extends to the development of professional advice on money management to foundations, endowments, trusts and charitable organizations.

“The Bloomberg listing represents the trust our clients have placed in us, and it is an achievement for our nine-year-old company,” said LeBlanc.

Back Bay Financial Group is a wealth management firm with more than $200 million in assets under management. BBFG provides services to individuals, families, estates, trusts, endowments, charitable organizations and small businesses in the areas of retirement planning, estate and income tax planning, investments, asset allocation, risk protection, cash flow planning, stock option analysis and college savings strategies. Their headquarters is in Boston, and they have office locations in Wakefield and South Yarmouth. For more information, visit www.backbayfinancial.com.