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Exhibit 21.1

LIST OF SUBSIDIARIES OF

BOSTON PRIVATE FINANCIAL HOLDINGS, INC.

As of December 31, 2020

Subsidiaries of the Company						State or Other Jurisdiction of Incorporation
Boston Private Bank & Trust Company						MA
Boston Private Wealth LLC						MA
BPB-IMT & Co., LLP						MA
BPB Securities Corporation						MA
BPB Securities Corporation II						MA
Lerob LLC						CA
Ten Winthrop Properties, Inc.						MA
Boston Private Capital Trust I						DE
Boston Private Capital Trust II						DE
BPFH Holdings, LLC						DE
Dalton, Greiner, Hartman & Maher & Co. LLC						DE
DGHM Management LLC						DE
DGHM Enhanced Value LP						DE
DGHM Partners LLC						DE
DGHM Ultra Value Partners LP						DE