ROCKLAND, Mass. – September 16, 2024 –Rockland Trust’s Investment Management Group (IMG)<https://www.rocklandtrust.com/wealth-and-investments> reached another milestone by surpassing $7 billion in AUA as of August 31, 2024. This achievement comes just sixteen months after IMG crossed the $6 billion mark in April of 2023.
IMG’s strong relative investment performance across all major asset classes and continued drive to deliver holistic wealth management solutions, which include financial and retirement planning, special needs services, insurance and tax services, and estate plan analysis helped fuel this significant growth. Building upon its extensive offerings, IMG also recently introduced Business Owner Advisory Services and grew its estate planning division by appointing an Estate Settlement & Trust Termination Officer.
“This milestone is a reflection of our team’s mission to provide exceptional support and advice to those we serve,” said David B. Smith, CFA, Managing Director and Chief Investment Officer at Rockland Trust. “By deeply understanding our clients’ unique needs, we become an extension of their families and businesses, ultimately providing the services and guidance they need to work toward their personal financial goals.”
For ten consecutive years, IMG has ranked as one of the “Largest Independent Investment Advisers in Massachusetts” by the Boston Business Journal. IMG provides comprehensive wealth management solutions designed to meet the specific financial needs of individuals, businesses, and institutions. The team has more than 90 experienced professionals<https://www.rocklandtrust.com/wealth-and-investments/investment-team> throughout eleven investment offices located across Massachusetts in Boston, Edgartown, Franklin, Hanover, Hyannis, Milford, Nantucket, Osterville, Peabody, Worcester, and Providence, RI. (IMG Broadcast Appearances<https://www.rocklandtrust.com/wealth-and-investments/media-room>)
About INDB and Rockland Trust
Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company<https://www.rocklandtrust.com/>, a full-service commercial bank headquartered in Massachusetts. With retail branches in Eastern Massachusetts and Worcester County as well as commercial banking and investment management offices in Massachusetts and Rhode Island, Rockland Trust offers a wide range of banking, investment, and insurance services to individuals, families, and businesses. The Bank also offers a full suite of mobile, online, and telephone banking services. Rockland Trust was named to The Boston Globe’s “Top Places to Work” 2023 list, an honor earned for the 15th consecutive year. Rockland Trust has a longstanding commitment to equity and inclusion. This commitment is underscored by initiatives such as Diversity and Inclusion leadership training, a colleague Allyship mentoring program, and numerous Employee Resource Groups focused on providing colleague support and education, reinforcing a culture of mutual respect and advancing professional development, and Rockland Trust’s sponsorship of diverse community organizations through charitable giving and employee-based volunteerism. In addition, Rockland Trust is deeply committed to the communities it serves, as reflected in the overall “Outstanding” rating in its most recent Community Reinvestment Act performance evaluation. Rockland Trust is an FDIC member and an Equal Housing Lender.
