Another Milestone Crossed for Rockland Trust’s Investment Management Group

ROCKLAND, Mass. – April 24, 2023 – Rockland Trust’s Investment Management Group (IMG) achieved yet another record, finishing the first quarter of 2023 with $6.1 billion in Assets Under Administration (AUA) as of March 31, 2023. IMG’s AUA grew by 16 percent from March 31, 2021 to March 31, 2023. Since crossing the $5.8 billion milestone on December 31, 2022, IMG has increased their AUA by five percent.

“During a time of increasingly challenging headwinds, passing this milestone showcases our unwavering dedication to our clients and their financial goals,” said David B. Smith, CFA, Managing Director and Chief Investment Officer at Rockland Trust. “This commitment in addition to the sincere partnership with our bank colleagues is the secret to our ongoing success. I am grateful for the support and collaboration as it further proves that each relationship matters.”

This new milestone is the result of IMG’s strong relative investment performance across all major asset classes, and continued drive to deliver holistic wealth management, which includes financial and retirement planning, special needs services, insurance and tax services, and estate plan analysis.

For eight consecutive years, IMG has been ranked one of the “Largest Independent Investment Advisers in Massachusetts” by the Boston Business Journal. IMG provides comprehensive wealth management solutions designed to meet the unique financial needs of individuals, businesses, and institutions. The team has more than 90 experienced professionals throughout eleven investment offices located across Massachusetts in Boston, Edgartown, Franklin, Hanover, Hyannis, Milford, Nantucket, Osterville, Peabody, Worcester, and Providence, RI. Partnering with IMG, clients have access to a full range of services including Investment Management, Trust and Estate Planning, Insurance, Financial and Retirement Planning, and more. (IMG Broadcast Appearances).