Cambridge Trust Adds Industry Veteran Steven M. Esielonis to Private Banking Team
Esielonis brings more than 30 years of banking and investment management experience to Cambridge Trust
CAMBRIDGE, Mass. — June 10, 2019 — Cambridge Bancorp (NASDAQ: CATC) and its subsidiary, Cambridge Trust Company, today announced the addition of Steven M. Esielonis to its Private Banking Group. Mr. Esielonis will serve as a Vice President and Senior Private Banker. He joins a growing team of private bankers who provide each personal and business client with access to a full range of services including private banking, residential lending, wealth management and commercial banking.
“Mr. Esielonis has more than 30 years of experience developing and managing custom investment portfolios for individuals, nonprofits and businesses to meet their financial goals. He brings strategic banking and financial expertise to his role at Cambridge Trust and will become a trusted partner to our clients,” said Mark D. Thompson, President of Cambridge Trust. “Adding Steven to our team of private bankers is further evidence of our commitment to growth and attracting high-quality talent.”
About Steven M. Esielonis
Steven has more than thirty years of investment experience, having held client-facing senior roles at State Street Global Advisors, U.S. Trust, TD Wealth Management and Concordia Capital Associates, where he managed its global growth long- and short-term strategies. He has extensive experience working with individuals and families, developing and managing financial plans. Mr. Esielonis earned an MBA from the Boston University Graduate School of Management and a BA in Economics from Saint Anselm College in New Hampshire. Steve is active in the community and serves as Commodore of the Hingham Yacht Club.
About Cambridge Trust
Cambridge Trust, headquartered in Cambridge, Massachusetts is a 129-year-old Massachusetts chartered commercial bank with approximately $2.6 billion in assets and 16 offices in Massachusetts and New Hampshire. Cambridge Trust is one of New England’s leaders in private banking and wealth management with $3.1 billion in client assets under management and administration.
Steven M. Esielonis
Vice President, Senior Private Banker
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