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FOR IMMEDIATE RELEASE (10/15/07)

Back Bay Financial Group Inc. ranks nationally among top investment firms

BOSTON – Back Bay Financial Group Inc. is one of the top investment advisory firms nationwide in 2007, according to two investment magazines. The firm was named in Wealth Manager’s Top Dog Report as one of the top advisory firms nationwide and also made the list in Financial Advisor’s second annual Top RIA Survey of growing firms.

According to Financial Advisor magazine, Back Bay Financial Group grew by 25 percent this year.

“We are humbled to receive this recognition from two of the industry’s most highly respected publications and to be included among so many notable institutions.” said Co-Principal Robert D. Siefert, CFP^®. “The credit should go to clients who have entrusted the firm to deliver this level of growth,” said Co-Principal John H. LeBlanc, CFP^®. He explained the development of a strong relationship between a client and his or her wealth manager is an essential part of facilitating personalized financial recommendations. “It enables a wealth manager to understand clients’ personal situations and goals, and then plan accordingly.”

Each year, Wealth Manager ranks the top registered investment advisory firms in the nation. The ranking looks at firms that manage the portfolios of “the highest of high-net-worth clients.” Companies are ranked by average assets under management per client. The list of approximately 500 institutions does not include banks, broker/dealers or trust companies.

The Financial Advisor compiles an annual list of the fastest growing independent registered investment advising firms throughout the country. It measures the growth of firms based on the percent change in their assets under advisement. To be eligible, firms must have at least $50 million in assets under management.

Back Bay Financial Group Inc. was founded in 1997 to provide integrated wealth management services for high net worth individuals, estates, endowments and foundations, charitable organizations and small businesses. Services are individualized, comprehensive and ongoing aimed at meeting client goals in the areas of retirement, estate and income tax planning, investments, risk protection, stock option analysis and college savings. Back Bay Financial Group Inc., with more than $375 million under management, provides objective counsel based on its commitment to the highest level of ethics and a fee-only approach.