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‘Bet’ on a greener future with carbon credits
PORTLAND, Maine — If you believe the world will take steps toward a greener future, a world in which we emit less CO2, you can…
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Maine seafood industry expects indirect hit from Russian invasion
Direct U.S. seafood imports were already banned from Russian markets, but the invasion of Ukraine could make the industry's ongoing economic problems worse.
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Spinnaker Trust adds two new hires in senior leadership roles
Portland-based wealth management firm Spinnaker Trust has added two new employees in senior leadership roles:
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How to establish a succession plan — and plan a successful future
While 96% of business owners agree it's important to have an exit strategy, experts say only 13% have a current written plan in place —…
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Families finding ways to cope when relocating during COVID-19 pandemic
Standing in the kitchen of her family’s temporary rental home in Cape Elizabeth, Maine, 13-year-old Elizabeth Wilk reflects back on the spring that was taken…
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Why ESG? Why Now? Spinnaker Trust’s Adoption of an ESG Framework for all Investment Mandates
Spinnaker Trust is a bank trust company located in Portland, Maine. At Spinnaker, we manage approximately $2 billion on behalf of our clients. Our equity-related…
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Spinnaker Trust pays $14.3M for four mass. office buildings
Portland-based Spinnaker Trust has paid $14.3 million for four office buildings in Milford, Mass., just off of I-495.
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“Investing During The Pandemic; What Should I Do With My Money Considering All of the Volatility and Uncertainty Today”
While no one size fits all — my immediate answer is don’t stop what you’re doing, stay the course! Investing in an index fund when…
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Goals-Based Investing: Mama Said There’d Be Days Like This
Lately, it has been impossible to avoid hearing about stock market volatility without questioning the impact on your portfolio. The near-term market volatility is scary…
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COVID-19: Fossil fuel black swan or renewable energy phoenix
The traditional energy sector and related indexes have been on the decline in recent years due to oversupply. That decline has seen a recent acceleration…
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From 1 Office to 34 in a weekend
When the severity of the COVID-19 crisis became clear, we knew that we needed to put into action a plan we hoped to never use.
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After stock market plunge, Maine investment advisors urge caution
With concerns about the coronavirus outbreak spooking financial markets and investors, Mainebiz asked a handful of experts, including Spinnaker Trust’s Jessamyn Norton, for insights and…
