Salisbury Trust Partners With Lebenthal
December 9, 2016
Salisbury Trust Wealth Advisory Services (“Salisbury Trust”), the trust division of Salisbury Bank and Trust Company, has announced that it has added Lebenthal Asset Management (“Lebenthal”) to its carefully selected line-up of investment partners. Lebenthal, a $1.4 billion New York City based investment management firm, is recognized for its seasoned experience in global and US equity as well as municipal bond portfolio management.
“We look forward to working closely with the portfolio management teams at Lebenthal. It was apparent early on that their careful and reasoned approach to executing their strategies would fit well with Salisbury Trust’s investment philosophy and the investment process we manage for our clients”, said Steve Essex, Executive Vice President, Salisbury Trust.
Lebenthal Asset Management will focus on globally diversified equity, equity income, and municipal bond portfolios for the clients of Salisbury Trust, to complement Salisbury’s existing capabilities. In addition to managing these effective strategies, the teams at Lebenthal have decades of experience in building client portfolios with unique or specialized needs.
”Lebenthal Asset Management is delighted to be chosen by Salisbury Trust as a partner. We are proud of our firm’s focus on investment performance and client service. We quickly recognized the same commitment to excellence in Salisbury Trust. We are excited to work with Salisbury Trust in ensuring that their clients receive a customized, high quality investment experience,” said James Lebenthal, CEO of Lebenthal Asset Management.
Salisbury Trust provides wealth advisory services for over $500MM in client assets, including trust and estate administration, investment management, financial planning, private banking, 401k advisory and personal and institutional custody.
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; Great Barrington, Sheffield and South Egremont, Massachusetts; as well as Dover Plains, Fishkill, Millerton, Newburgh, Poughkeepsie, and Red Oaks Mill, New York. The Bank has been serving families and businesses for over 160 years and offers a full range of consumer and business banking products and services as well as trust and investment services.