Salisbury Bank is pleased to announce that Vice President and Trust Officer Steven Essex was recently awarded the Certified Trust and Financial Advisor (CTFA) designation from the Institute of Certified Bankers, a subsidiary of the American Bankers Association, in Washington, D.C. This is the premier designation for trust officers, ensuring fiduciary expertise in wealth management and trust services.
The CTFA designation is awarded to individuals who demonstrate excellence in the field of wealth management and trust. To qualify for the CTFA certification, individuals must possess certain levels of experience and education in the trust profession, pass an exam, complete continuing education credits and agree to abide by a code of ethics. The CTFA exam covers a variety of topics including fiduciary and trust activities, financial planning, tax law and planning, investment management and ethics.
Mr. Essex has been with Salisbury Trust Wealth Advisory Services since June of 2009 and is based in the Bank’s Canaan office at 100 Main Street. He has 20 years of trust and investment experience. In addition to his extensive experience, Mr. Essex is a Certified Financial Planner (CFP) licensee.
Mr. Essex holds a Bachelor of Science degree in Economics from the University of Connecticut, and is married with two daughters. He currently resides in West Simsbury, Connecticut.
Financial services professionals, working through the Institute of Certified Bankers, initiated the CTFA designation and eight others in order to establish meaningful standards of knowledge in specialty areas of the financial services industry. ICB certifications formally recognize those who meet these standards and meet professional continuing education and development requirements.
The ICB, with nearly 10,000 certified members, provides financial services professionals with confidence, credibility and recognition through its certifications. As a subsidiary of the American Bankers Association, ICB promotes the highest standards of performance in the financial services industry by validating individuals’ knowledge and expertise.
Salisbury Bank is a full-service community bank headquartered in Lakeville, Connecticut and presently operates full service branches in Canaan, Lakeville, Salisbury and Sharon, Connecticut, Sheffield and South Egremont Massachusetts as well as Dover Plains and Millerton, New York. The Bank has been serving families and businesses for 160 years and offers a full range of consumer and business banking products and services as well as trust and investment services.