BRIDGEPORT, Conn., Aug. 27, 2020 /PRNewswire/ -- People's
United Advisors (PUA), the registered investment adviser of
People's United Bank (NASDAQ: PBCT), today announced the
expansion of its regional leadership team with the appointment of
two senior executives. Anne Donahue,
SVP, New York Regional Wealth Leader, and David Murphy, SVP, Massachusetts Regional Wealth
Leader, each bring more than 30 years' experience, and will be
responsible for business development, client retention, and
profitable growth within their respective regions.
"We are thrilled to welcome Anne and David to the team! We are
confident their experience working with individuals, families and
businesses within their regions will translate into deeper and
broader client relationships at People's United Advisors. Anne and
David will play an integral role in delivering tailored solutions
and a unique value proposition to the marketplace," said
Michael Boardman, EVP, Head of
People's United Advisors.
- David Murphy, SVP,
Massachusetts Regional Wealth Management Leader: David Murphy is an experienced wealth manager
with a successful track record in serving high-net-worth clients
with a focus on wealth advisor development, crisis management,
client segmentation, operations management, and government
engagement. Prior to joining People's United, David served as
Executive Managing Director, Head of Wealth Advisory, for Boston
Private Wealth where he transformed a Trust and Investment Group to
a Wealth Advisory Group focused on value-added advice. Prior to
that, he spent 17 years at TD Bank Wealth as SVP, New England &
Metro New York Regional Manager, where he oversaw a team
responsible for a $3 billion
portfolio in eight states. Throughout his career, David has served
in roles of increasing responsibility exclusively focused on
helping high-net-worth clients achieve their holistic financial
goals through personalized advice and solutions. In addition, David
served in Afghanistan in 2009 –
2010, and at US Special Operations Command in 2011 leading the
Counter Threat Finance effort. He retired as a Colonel in 2012.
David received a BS in Business Administration from Norwich University, an MBA from the University of Connecticut, and a Masters of
Strategic Studies from US Army War College. He holds FINRA Series 7
and 66 licenses.
- Anne Donahue, SVP, New York
Regional Wealth Management Leader: Anne Donahue has
extensive experience in Private Banking and Wealth Management, with
a focus on investment management trust, credit, and deposit
services for high-net-worth clients. Prior to joining People's
United, Anne served as SVP, Market Leader, Private Wealth
Management at U.S. Bank. During her decade of tenure, she launched
the Private Wealth Office in New York
City and assembled and managed a team that significantly
grew assets under management. Prior to that, Anne was a
Managing Director at The Bank of New York Mellon
Corporation. There she held roles of increasing responsibility
focused on leading wealth management teams in New York and managing the Bank's regional
Private Banking Division in the Tri-State area. Anne also held senior positions at
Citibank and JPMorgan Chase. Anne earned her MBA from The Stern
School of Business at New York
University and her undergraduate degree from Providence College. Anne is a CFP® and holds her
FINRA Series 7, 63 and 66 licenses. Anne is an active member of
several non-profit boards, including the Board of Trustees of the
Heisman Memorial Trophy.
"Especially now amidst continued economic uncertainty, we know
that clients want a partner who can offer a holistic approach to
wealth management that takes into account fundamental, quantitative
and geographic considerations," added Boardman. "At People's United
Advisors, we believe by embedding a financial planning mindset into
all that we do, combined with sophisticated technology, we can
continue to build a world-class team with experts like David and
Anne."
People's United Advisors provides investment, trust, and
retirement solutions for individuals, families, and their
businesses. With expert advisors locally based throughout the
Northeast, PUA serves as a fiduciary for clients and is dedicated
to serving their best interests. PUA's mission is to build
investment and wealth solutions customized to clients' unique
goals, objectives, risk profiles, and investment time horizons.
About People's United Bank
People's United Bank, N.A.
is a subsidiary of People's United Financial, Inc., a diversified,
community-focused financial services company headquartered in the
Northeast with more than $61 billion
in assets. Founded in 1842, People's United Bank offers commercial
and retail banking through a network of over 400 retail locations
in Connecticut, New York, Massachusetts, Vermont, New
Hampshire and Maine, as
well as wealth management and insurance solutions. The company also
provides specialized commercial services to customers
nationwide.
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SOURCE People's United Bank