Rockland Trust Adds Matthew Roddy to Investment Management Group Team
Will Help Grow Boston Porfolio
ROCKLAND, Mass (April 30, 2013) - Rockland Trust today announced Matthew Roddy has joined its Investment Management Group (IMG) as Vice President and Portfolio Manager. Serving the Greater Boston area, Roddy brings more than 15 years of experience to the IMG team.
"This is an exciting time for Rockland Trust, and the Investment Management Group in particular, as we officially enter Boston for the first time," said David Smith, Chief Investment Officer at Rockland Trust. "Matthew will be invaluable in growing our new office, and attracting and maintaining clients throughout the Greater Boston area."
As Vice President and Portfolio Manager at Rockland Trust, Roddy will be responsible for managing client portfolios, performing securities research, and setting investment policy, while establishing and growing the bank's first investment office in Boston, a market where he has worked for the past 15 years.
Prior to joining Rockland Trust, he was a Senior Vice President, Market Investment Director, and Portfolio Manager with United States Trust Company, Bank of America Private Wealth Management, where he managed $1.6 billion in assets for high net-worth families and small institutions. Previously he was a Financial Consultant with Charles Schwab & Co., Inc. and Salomon Smith Barney.
"I am pleased to be joining such an experienced, dedicated investment team at Rockland Trust," said Roddy. "I have worked in the Boston market for years, and look forward to continuing to helping individuals, families, and businesses manage their finances, and grow the Rockland Trust brand in the community."
Roddy is a CFA Charterholder (CFA), Certified Trust Financial Advisor (CTFA), and Chartered Alternative Investment Analyst (CAIA). He is a graduate of the American Bankers Association Graduate Trust School at Emory University, and earned a bachelor's degree in health policy and management from Providence College, where he remains an active member of the Boston Alumni Society.
About the Investment Management Group
With $2.3 billion in assets under management, Rockland Trust's Investment Management Group creates customized plans for individuals, municipalities, businesses, and not for profit organizations through a full range of services including: Investment Management, Trust and Estate, Insurance, and Financial and Retirement Planning. The team is comprised of more than 50 experienced professionals who consistently apply sound investment principles to minimize risk and maximize long-term results for clients in a dynamic investment landscape. Rockland Trust has four Investment Management centers in: Attleboro; Hanover; Osterville; and Providence, Rhode Island. A fifth Investment Management office will be opened in Boston this year.
About Rockland Trust
With $5.7 billion in assets, Rockland Trust is a full-service commercial bank headquartered in Massachusetts which provides a wide range of consumer, business, investment, and insurance products and services. Named a Boston Globe "Best Place to Work" for four consecutive years and one of America's "Best Banks" by Forbes for three consecutive years, Rockland Trust's network consists of nearly 80 retail branches, 10 commercial lending offices, four investment management, and three residential lending centers throughout Eastern Massachusetts and Rhode Island. To find out why Rockland Trust is the bank "Where Each Relationship Matters®", please visit www.RocklandTrust.com. Member FDIC. Equal Housing Lender.