Spinnaker Trust

Our Executive Vice President and Principal, Robert Gould, recently took time to chat with Greg Boulos for The Boulos Beat podcast by the The Boulos Company and share insights from his extensive leadership roles in the commercial and nonprofit sectors. “Leadership is about creating environments where trust and collaboration can thrive.” Listen to the full episode here:

Our ESOP team set sail to say bon voyage to the summer and hello to fall conference season! We'll be dropping anchor at TEA's Multistate Regional Chapter Conference (Wilkes-Barre, PA) Sept 25th- 27th 🔷 Maine ESOPS 2024 Fall Conference (Auburn, ME) Oct 1st 🔷 TEA's New England Chapter Fall Conference (Springfield, MA) Oct 15th-16th. #ESOP #EmployeeOwnership

Congratulations to five of our ESOP clients for being named among the 2024 #BestPlacestoWork in #Maine! Their dedication to building strong, employee-centered workplaces is a testament to the power of employee ownership. As a company that also earned a spot on the 2024 Best Places to Work in Maine list, Spinnaker Trust is honored to partner with these organizations. CIANBRO🏆Allen Insurance and Financial🏆Mainely Tubs🏆FHC, Inc.🏆 Systems Engineering

We're honored to be among the #BestPlacestoWork in Maine, for the sixth consecutive year! From a small team of six in 2001 to over 40 today, we’ve grown alongside our clients, continually helping multigenerational families build and protect wealth while preserving peace of mind. Our success is driven by our incredible team and a culture of collaboration, innovation, and commitment. 

While "set it and forget it" is the mantra of retirement savings for the young, as you get older, it's important to review your retirement savings annually, to make sure that the plans you set up remain aligned with your goals and changing market conditions. Senior vice president and client advisor Laura K. McHugh, CFP® sounded in on the topic in this story for MarketWatch. "What you establish for yourself at [age] 23 may not be appropriate as you get older and closer towards retirement,” she said.

Though Social Security benefit information is available online, nearly half of all Americans don't know what they'll collect in benefits, according to a recent survey from the National Institute on Retirement Security. Spinnaker's own Drew Oestreicher, Principal and Senior Client Advisor, offered expert perspective for the story.

Congrats to all who participated in the 2024 Tri for a Cure, which raised a record-breaking $2.15 million (and climbing!) to support Maine Cancer Foundation’s work. The amazing field included our very own ESOP Client Advisor Laura M. Pfeiffenberger, president of the Maine Cancer Foundation, who was part of a relay team with Lizzie Cuthbertson and Michelle Cuthbertson. Spinnaker Trust was proud to be a sponsor of the event, which has raised +$22 million since its inception. #MaineCancerFoundation #TriforaCure2024 #TriforaCure

Thinking about your financial future can be daunting, especially if retirement is approaching. Our own senior vice president and client advisor Laura K. McHugh, CFP® recently shared her insights with Mainebiz on how to navigate it with confidence. Check out the story here:

Chief Trust Officer Zak Smolkin recently shared valuable insights with Mainebiz for their 2024 Senior Smart issue, emphasizing the importance of having “the talk” with families about estate planning. “It is one of the most difficult and almost awkward conversations that people have with their children, or even children raising it to their parents.” Lean more about effective strategies for these essential conversations:

It is with mixed emotions that we announce the retirement of our co-founder, Sara Lewis! Sara was instrumental at making Spinnaker's culture what it is today - she always said, "we are not your grandfather's trust company" and it was our intention to feel different. Something our clients recognize and appreciate. We are wishing her great joy and adventure in the coming years - congratulations Sara, you deserve it!