Salem Five expands services with new private banking practice
New England Council member, Salem Five launches a new private banking practice and appoints seasoned banker Veronica Tamburrini-Caira as Senior Vice President to lead the division. Tamburrini-Caira, formerly a senior executive at Enterprise Bank, brings decades of experience and manages high-net-worth portfolios and advises clients across New England.
With 33 branches across Massachusetts, Salem Five continues to diversify its services through divisions including Salem Five Mortgage Co., Salem Five Wealth Management & Trust, and Salem Five Insurance Services. The new private banking practice expands Salem Five’s services for affluent clients at a time when demand for specialized wealth and financial advisory continues to grow across the region.
Paul Kelly, EVP, Chief Revenue Officer, said, “Complementing our strong business and commercial teams, a private banking practice will add another layer of expertise that our high-net worth customers deserve.”
The New England Council congratulates Salem Five on expanding its financial services offerings and launching its new private banking practice.
Read more in the Boston Business Journal.