CAMBRIDGE, MA — February 24, 2020—Cambridge Bancorp (NASDAQ: CATC), parent company of Cambridge Trust, today announced the appointment of Caroline Benjamin as Vice President and Senior Portfolio Manager in its Wealth Management Division. Ms. Benjamin brings over 30 years of experience as an investment professional, which will enrich Cambridge Trust’s strong presence in New Hampshire and Southern Maine.
“Carol will be an invaluable resource for clients who wish to tap into our holistic wealth management offering,” said Susan Martore-Baker, President of Cambridge Trust in New Hampshire. “Carol’s addition to the wealth management team will be instrumental in Cambridge Trust’s continued growth in the New Hampshire market, where we already have over $1 billion in assets under management and administration.”
About Carol Benjamin
Carol Benjamin is responsible for managing investment portfolios for a select group of high-net-worth individuals, municipalities, nonprofits, and foundations. Ms. Benjamin joins us from Bryn Mawr Trust in Pennsylvania. She holds the Chartered Financial Analyst® designation and earned a bachelor’s degree and an MBA from Pace University. Ms. Benjamin is also is a member of the CFA Institute.
About Cambridge Trust
Cambridge Trust is a 130-year-old Massachusetts chartered commercial bank with approximately $2.9 billion in assets and a total of 16 banking offices in Massachusetts and New Hampshire. Cambridge Trust is one of New England’s leaders in private banking and wealth management with $3.5 billion in client assets under management and administration. The Wealth Management group maintains offices in Boston, Massachusetts; and Concord, Manchester, and Portsmouth, New Hampshire.