Kennebunk Savings Announces Sale of Kennebunk Investment Services
KENNEBUNK, MAINE – On July 28, 2017, Kennebunk Savings announced that it had formally closed on the previously disclosed sale of Kennebunk Investment Services to its existing management team of Ryan Hale, Paul Wolf and John Gurski. Ryan Hale has formed Quadripoint Investment Management and will be joined by his colleagues Seth McNally and Laura Rutkiewicz. Paul Wolf and John Gurski will operate the new, independent Kennebunk Investment Services and will be joined by colleague Colleen Meyers.
Kennebunk Savings President and CEO Bradford C. Paige said, “We wish Ryan, John and Paul well as they move forward with Quadripoint Investment Management and the new Kennebunk Investment Services. We are confident their clients will continue to be well served by this very experienced group and that they will enjoy a very smooth transition to the new companies.”
Quadripoint Investment Management will be located in Kittery at 4A Shapleigh Road, Suite 2 and Kennebunk Investment Services offices will be located at 50 Portland Road, Suite 2 in Kennebunk.
About Kennebunk Savings
With assets of $1.15 billion Kennebunk Savings is a Maine-chartered full-service financial institution, offering personal and business banking as well as insurance services at 18 branch offices in York County, Maine and in seacoast New Hampshire.