Maine's wealth management industry saw a number of transitions over the past two years, with an emphasis on client service in an increasingly complex field and strategies that include low client-to-advisor ratios and hiring from industries outside financial services.
Steve Tenney will leave Great Diamond Partners at the end of May, five years after starting the wealth management firm with three former colleagues from UBS.
Mainebiz asked 10 movers and shakers from around the state what they are most thankful for this Thanksgiving. One response: "Maine is a magical place and I appreciate living and working here more than ever.”
Wealth management firms are undergoing a transformation, with new hires and promotions, acquisitions and expansion into larger quarters. Factors driving growth include evolving client expectations in a volatile economy.