Mainebiz

W W W. M A I N E B I Z . B I Z 21 F E B R UA R Y 2 0 , 2 0 2 3 F O C U S W E A LT H M A N A G E M E N T / R E T I R E M E N T Financial Services said it added three new employees to the team, including a senior advisor. In Hallowell, J.M. Arbour, a private wealth management firm with an addi- tional office in Arizona, is planning a move to larger headquarters in Gardiner to accommodate its growing team. e firm's founder and CEO, Jac Arbour, has eight people on his private wealth team but expects that to grow this year. Arbour attributed the growth to a fee-based model that provides comprehensive in-house ser- vices and works with outside vendors through all aspects of a client's finan- cial management needs. Work is underway to prepare the new headquarters, in an 8,000-square- foot office building dating to 1875. at includes new floors, walls, car- peting, lighting, and plumbing and heating systems. Beefing up services Bangor-based Means Wealth Management's overall growth strategy has been to ensure its business model keeps clients and their needs at the forefront at all times, providing them full-scale planning in a fiduciary capac- ity, says CEO Erin Barry. "is has been achieved largely by some of the strategic hires we've made in the past year — seven employees, five in client-facing roles and two support — but also because we are passionate about changing the industry," Barry says. "We believe the 'broker' is the way of the past, Maine's credit unions are here for you. mainecreditunions.org Invested in your success. Maine credit unions offer personal and business financial relationships that focus on your future. You're more than your account. We're invested in you. • Better loan rates • Lower fees • Checking and savings accounts • Digital banking & remote deposit • Financial advice Open an account at a credit union today. C O N T I N U E D O N F O L L OW I N G PA G E » P H O T O / C O U R T E S Y O F M E A N S W E A LT H M A N A G E M E N T Steven Tenney, center, CEO of Great Diamond Partners, says the company completed a 10-year strategic plan that includes a mix of hiring, promotion, talent optimization and a commitment to "conscious capitalism." He's seen here with Bevin Lucas, a client relationship specialist, and Wyatt Andreoli, an associate advisor. Erin Barry, CEO of Means Wealth Management, says the firm made strategic hires in the past year in client-facing and support roles.

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