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HM Payson, a Portland financial advising firm, on Tuesday announced three changes in its leadership.
Michael Currie, who had served as president for almost two decades, has been named chairman of the firm's board.
Daniel Lay, who previously held multiple positions including portfolio manager, shareholder and director of marketing, has succeeded Currie as president.
In addition, Jay Flower has been promoted to director of marketing, succeeding Lay in that position. Flower has served as a portfolio manager and shareholder, and has been active on the firm's Financial Planning Group and Marketing Committee.
Speaking of Currie's new role, the firm said in a news release, "Mike has guided HM Payson through unprecedented growth of the firm. We are fortunate that he will remain on the leadership team as chairman of the board. His ongoing presence, experience, and guidance will be vital as we look ahead to the future."
The firm's CEO and chief investment officer, Peter Robbins, continues in those roles, according to the HM Payson website.
Founded in 1854, HM Payson is an integrated financial advisor overseeing over $6 billion in client assets. The company provides independent investment management, financial planning and trustee services to individuals, families and institutions.
The firm is headquartered in Portland with offices in Brunswick and Damariscotta.
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