Spinnaker Trust

Thinking about your financial future can be daunting, especially if retirement is approaching. Our own senior vice president and client advisor Laura K. McHugh, CFP® recently shared her insights with Mainebiz on how to navigate it with confidence. Check out the story here:

Chief Trust Officer Zak Smolkin recently shared valuable insights with Mainebiz for their 2024 Senior Smart issue, emphasizing the importance of having “the talk” with families about estate planning. “It is one of the most difficult and almost awkward conversations that people have with their children, or even children raising it to their parents.” Lean more about effective strategies for these essential conversations:

It is with mixed emotions that we announce the retirement of our co-founder, Sara Lewis! Sara was instrumental at making Spinnaker's culture what it is today - she always said, "we are not your grandfather's trust company" and it was our intention to feel different. Something our clients recognize and appreciate. We are wishing her great joy and adventure in the coming years - congratulations Sara, you deserve it!

Want to reduce heartache and logistical headaches for your loved ones after you’re gone? Take the time now to look at your estate plan, and simplify of your finances. Spinnaker’s own senior vice president and client advisor Laura K. McHugh, CFP® recently spoke with MarketWatch retirement reporter Jessica Hall about the issue.    “Anyone in or near retirement should simplify.” Check out the story here:

Drew Oestreicher and Caitlin DiMillo attended the The Cromwell Center for Disabilities Awareness Celebrating INCLUSION event last night to support disabilities awareness and inclusion program in Maine schools. It was a fun night filled with food, friends, and a live auction – but the best part was seeing our community come together to support a local organization working hard to support all Mainers.

It was a beautiful night celebrating our team members that have been part of Spinnaker for 10+ years! Welcome to the 10 year club Drew Oestreicher, Eben Jose, CFA & Leigh Ann Larocque.

We are delighted to welcome Scott E. Stefanowicz as our Director of Portfolio Management & Trading. “Scott’s extensive background and expertise in portfolio management and trading will be invaluable as we continue to enhance our services for our clients,” said Amanda Rand, president, CEO and principal of Spinnaker Trust. “Scott’s strategic insight and leadership with undoubtedly strengthen our investment operations.”

At the 2024 virtual ASA ESOP Conference on June 11, our own Senior Vice President and ESOP Client Advisor Laura M. Pfeiffenberger, ASA, MBA, MSA will moderate a panel on reviewing reports and data visualization. #esop

With the greatest transfer of generational wealth in history set to happen over the next 20 years, it's never been more important for families to have the tricky "talk" about estate planning. Our own Principal and Senior Vice President Caitlin DiMillo, client advisor, offered expert perspective on the topic for The Wall Street Journal. “Shock and uncertainty don’t bode well for heirs." Article by Ashlea Ebeling.

Just like your physical health, your financial health will benefit from regular checkups to make sure everything is on the right track. Spinnaker’s own Drew Oestreicher, Principal and Senior Client Advisor, spoke with MarketWatch reporter Jessica Hall on the importance of these checkups, and what those checkups should cover. "Things change in the markets and things change in life, so it's important to check in regularly.”