The $1.1 billion Lowell Five Bank will now offer wealth management services to its clients.
David E. Wallace, president and CEO of of the bank, recently announced a new partnership with KAF Financial Advisors and Lincoln Investment.
James C. Shannon IV and Thomas McCarthy of KAF will work in conjunction with Amy Fernandez, financial services representative at Lowell Five, to provide personal and business financial planning consulting services to Lowell Five customers.
“Lowell Five is very excited about this new agreement,” Wallace said in a statement. “Similar to Lowell Five Bank, KAF advisors are fully committed to providing quality wealth management products and services. We couldn’t have chosen more like-minded people who share our core values.”
KAF wealth management services include investment advisory services, insurance and financial modeling to analyze a client’s situation and evaluate alternatives when developing a financial strategy.
“Our team is honored to be selected as the wealth management advisors for the Lowell Five Bank,” Shannon said in a statement. “We are eager to leverage our experience and skills to service the needs of Lowell Five customers through our customized financial planning experience.”