Cambridge Trust Expands Wealth Services with NH Hires
Massachusetts-based Cambridge Trust Co. plans to expand its wealth management business into Southern Connecticut as the bank brings on five new employees from People’s United Bank, a sign of the type of move local banks might make amid the disruption resulting from...
Cambridge Trust Co. Buys $1B Mass. Bank
Massachusetts-based Cambridge Trust Co., which earlier this year bought Portsmouth’s Optima Bank and Trust, has announced it is buying another bank in an all-stock transaction worth $122 million. The deal, announced Dec. 5, will see Cambridge Trust absorb...
Cross-Powers Joins MillRiver Wealth Management
Mark Cross-Powers has joined MillRiver Wealth Management as a senior vice president and senior wealth adviser. In this role, Cross-Powers will lead and oversee MillRiver’s team of advisers as they develop and implement comprehensive financial plans for individuals,...As Personnel Go, So Goes the Cash
In the second quarter of this year, the wealth management division of Boston Private had net flows of negative $77 million, despite record levels of new business flows at $449 million in assets under management. The main reason for the negative net flows, according...This Week’s Paper: Digital Edition
