R. M. Davis in the news
June 2018 – Our President, Geoff Alexander, has been named to the Board of Governors for the Investment Adviser Association...
June 2018 – Our President, Geoff Alexander, has been named to the Board of Governors for the Investment Adviser Association (IAA).
The Investment Adviser Association is a not-for-profit organization, founded in 1937, that represents the interests of SEC-registered investment adviser firms. The Association promotes high standards of fiduciary duty, integrity, public responsibility and competence in the advisory profession. It represents the interests of investment advisers before the U.S. Congress, the Securities and Exchange Commission, the Department of Labor, state securities commissions, and other governmental entities on issues affecting its membership and the investment advisory profession.
June 2018 -- R. M. Davis is proud to be the Global Sponsor for the World Affairs Council of Maine’s Annual Meeting & Dinner...
June 2018 -- R. M. Davis is proud to be the Global Sponsor for the World Affairs Council of Maine’s Annual Meeting & Dinner with Ambassador David Balton to be held June 20 at the Portland Country Club. Mr. Balton will speak to the group on the topic of: U.S. Leadership in a Changing Arctic. He is a Former Deputy Assistant Secretary for Oceans and Fisheries, Department of State.
The World Affairs Council of Maine connects our state and the world by engaging and educating people of all ages to become global citizens. Our colleague, John Doughty, Vice President & Director of Research, serves on their Board of Directors and Program Committee.
George Carr, Vice President and Portfolio Manager, was quoted in the recent MaineBiz article discussing millennials and...
George Carr, Vice President and Portfolio Manager, was quoted in the recent MaineBiz article discussing millennials and money. George leads our firm’s annual educational program for our clients’ children and grandchildren, now in its 7th year. Our President, Geoff Alexander, also offered a Money Tip for Millennials.
To read the article, click here.
May 2018 – Kristin Kesling has been hired in the role of Office Assistant. She backs up our receptionist and is a member of...
May 2018 – Kristin Kesling has been hired in the role of Office Assistant. She backs up our receptionist and is a member of the Client Services team. She assists the team in preparing presentation packages for client meetings and client events, such as Summer School and Senior College. Her work is integral in support of our Portfolio Administrators and Portfolio Managers.
Kristin has an M.A. and B.A. both in Political Science and comes to us after working with Dawson, Smith, Purvis & Bassett and Maine Medical Center. We welcome Kristin to our staff!
April 2018 – Elizabeth J. Brown-Malia, formerly a Portfolio Administrator working with Portfolio Managers and our clients,...
April 2018 – Elizabeth J. Brown-Malia, formerly a Portfolio Administrator working with Portfolio Managers and our clients, has changed roles to become our Operations Specialist.
In her new role, she divides her time between the Data Management Department and assisting with the firm’s largest operational initiatives.
In Data Management, she assists the group in ensuring the integrity of the data in our financial software (Advent APX). This includes processing custodian transactions, reconciling cost basis and market values, and researching discrepancies.
The firm’s operational project work is broad in scope and may include software upgrades, researching a client offering of e-communications, or getting new financial planning software up and running. Project work requires Beth to be a solutions-oriented problem solver and a creative out-of-the-box thinker.
April 2018 - John D. Doughty, Vice President and Director of Research, has been chosen to join the membership of the...
April 2018 - John D. Doughty, Vice President and Director of Research, has been chosen to join the membership of the Economic Club of New York (ECNY). In his selection to the 111-year-old organization, Doughty becomes the only member to live and work in the state of Maine.
The mission of the ECNY is to foster discussion and study of current social, economic and political issues in an open, non-partisan forum. The club draws its individually nominated and selected members from the leadership of the nation’s business and financial communities. Speakers at ECNY’s forums include former U.S. Presidents, international heads of state, and distinguished leaders and innovators in business, economics, labor, academics, the military and public policy.
“We are extremely pleased that John has been named to the Economic Club of New York, a respected and prestigious institution,” said Geoff Alexander, president of R. M. Davis. “Our team and clients often seek John’s counsel and we are confident his perspectives will be equally valued by his peers in the forum. We are also eager for John to share his learnings about the national and global economic landscape with our team and clients.”
A Maine-native, Doughty joined R. M. Davis in 2002, after having served as Vice President of Equity Research at Credit Suisse First Boston, and Vice President of Fixed Income Research at Bear Stearns, both in New York City. Committed to the study and advancement of geopolitics, Doughty is a member of the Foreign Policy Association and on the boards of the World Affairs Council and the Camden Conference. He received a double major B.A. in History and Government & Legal Studies from Bowdoin College, and an M.B.A. in Finance and Marketing from the University of Chicago Graduate School of Business.
“I’m honored to have been selected to join the Economic Club of New York, and am excited to listen, learn and engage in the club’s thoughtful discussions,” said Doughty. “Joining this organization is a pledge of responsibility to our society and our global economic well-being.”
March 2018 – As Northern New England’s largest private wealth management firm, we are pleased to announce that the...
March 2018 – As Northern New England’s largest private wealth management firm, we are pleased to announce that the firm’s assets under management have surpassed $4 billion.
Our firm was founded by Robert “Mal” Davis in 1978, forty years ago. We thank our clients and friends for their support and trust shown in us. We reach this milestone as a result of long-standing client relationships.
“Our strong, steady growth and position as the largest firm in the region are a result of our commitment to holistic wealth management and personalized service instilled by our founder, Mal Davis,” said Geoff Alexander, president of R. M. Davis. “We’re in the business of building enduring legacies for our clients, and our partnership with them is focused on delivering the disciplined, long-term guidance necessary to reach their goals.”
“This milestone speaks to the quality of our client relationships and the trust we work to maintain and grow each and every day,” said Wendy Laidlaw, chief operating officer. “Our clients know that we are with them, across the kitchen table, providing the assurance and guidance to preserve their wealth so it can have the impact today and tomorrow they desire.”
April 2018 - John Doughty, Vice President and Director of Research, will be presenting at his alma mater to the Finance Club...
April 2018 - John Doughty, Vice President and Director of Research, will be presenting at his alma mater to the Finance Club at Bowdoin College regarding “How to Pitch a Stock” April 7. He will also be judging the Bowdoin Stock Pitching Contest that day.
March 2018 - We are pleased to announce that Jill Hibyan has joined our firm as a Portfolio Manager. Most recently, Jill...
March 2018 - We are pleased to announce that Jill Hibyan has joined our firm as a Portfolio Manager. Most recently, Jill was Vice President, Portfolio Manager at U.S. Trust, Bank of America – Boston - in Private Wealth Management.
As a Certified Trust and Financial Advisor and a Certified Financial Planner™, Jill engages with her clients at a high level of experience and competence. She has a broad based technical knowledge of fiduciary and financial investment products and services gained from fifteen years of wealth management experience working with high and ultra-high net worth families and institutions.
Jill received her B.A. from Connecticut College and her M.A. from the University of Massachusetts. She attended Emory University, ABA National and Graduate Trust Schools and Boston University where she gained her Certificate in Financial Planning.
Originally a native of Yarmouth, Maine, Jill is returning “home,” and we are thrilled to have her join the R. M. Davis team.
February 2018 – We are pleased to announce the addition of two new equity owners, Scot E. Draeger, Director of Wealth...
February 2018 – We are pleased to announce the addition of two new equity owners, Scot E. Draeger, Director of Wealth Management and General Counsel, and Dean E. Walker, Vice President of Trading & Data Management. Draeger and Walker joined the ownership team effective January 1, 2018. Their new roles add to the firm’s leadership at a time of significant growth for R. M. Davis and offer greater breadth of expertise and experience to meet clients’ evolving needs.
"We are thrilled to name Scot and Dean to the ownership team,” said Geoffrey Alexander, President. “Their proven abilities have been invaluable to our clients and we look forward to their added voices and influence in assuring our continued success in guiding clients on the journey to their financial goals.”
Draeger, a resident of Falmouth, joined R. M. Davis in early 2017 from the Portland-based law firm of Bernstein Shur, where he served on the firm’s Board of Directors and as Chairman of the Financial Services, Securities, and Asset Management Industry Groups representing asset management firms and institutional investors globally, including R. M. Davis. Previously, he served in senior leadership positions with the U.S. Securities and Exchange Commission in Washington, D.C. and Citigroup’s Corporate & Investment Bank in New York. Draeger is an active civic leader, including as a member of the Maine Justice Foundation’s Board of Directors and works on a pro bono basis for the rights of political asylum seekers through the Immigration Legal Advocacy Project.
“I was drawn to R. M. Davis by how this team of professionals puts its ethical code to work each day,” said Draeger. “It’s a commitment to clients, employees, and community that goes beyond the responsibility of a fiduciary to embody the meaning of honorable. In turn, it is I who am honored to take a greater stake in continuing to build this legacy.”
Walker, a resident of Gorham, has been a part of the R. M. Davis team since 2001. He is responsible for ensuring the accuracy and integrity of the firm’s trade execution and financial data, and for finding and employing efficiencies in technologies and workflow management that benefit both the firm and clients. Previous to joining R. M. Davis, Walker served as lead custody analyst at Forum Financial Group and a securities trader at UNUM Life Insurance Company.
“I am extremely proud to take a greater leadership role in a firm founded on and renowned for a client-first focus,” Walker said. “As generations change within our family of clients, R. M. Davis is thoroughly committed to the continuous advancement and thoughtful innovation of our services and investment strategies.”
February 2018 -- R. M. Davis was proud to have once again been the global sponsor of The Camden Conference, held at three...
February 2018 -- R. M. Davis was proud to have once again been the global sponsor of The Camden Conference, held at three venues February 16-18 – live at the Camden Opera House and live-streaming to the Strand Theatre in Rockland, the University of Maine Hutchinson Center in Belfast, and University of Southern Maine Talbot Hall in Portland.
This year’s topic was “New World Disorder and America’s Future.”
The conference explored shifts in global power and the ramifications for major players, particularly China, the U.S. and the nations of Europe, in pursuing their national interests. Speakers addressed the impact of globalization, the rise of nationalism, transformations in global economies, and the management of a range of future threats such as climate change, population growth, and cyber insecurity. How can the United States remain competitive economically, preserve national security, safeguard American values, and meet dangerous challenges from unstable countries? What role in the world do Americans want for their country?
Next year’s conference topic will be: China. It will be held February 22-24, 2019.
2018 marked the 31st Annual Camden Conference. The conference began in 1987 with a handful of MidCoast Maine residents with insight, enthusiasm and connections to bring the world to Camden. The three-day annual conference takes no partisan or ideological stance and provides a unique opportunity to learn about and explore major issues in world affairs.
February 2018 – It is with great pleasure that we announce that Natalie Solotoff has joined our officer team at R. M. Davis...
February 2018 – It is with great pleasure that we announce that Natalie Solotoff has joined our officer team at R. M. Davis as Trust & Wealth Management Services Counsel. She will share oversight responsibilities for the Trust Services Department including coordination of tax work for trusts administered by R. M. Davis.
Prior to coming to R. M. Davis, Natalie was a Senior Manager at Baker Newman Noyes where she specialized in tax planning, accounting, and financial planning for individuals, families, trusts, and owners of closely-held businesses. Her professional experiences include time spent at a major accounting firm in Philadelphia and a global law firm in Boston. She is a graduate of Davidson College and obtained her J.D. from the University of Connecticut School of Law.
Natalie will be playing a major role at R. M. Davis in the delivery of Wealth Management Services for clients, including retirement, financial, and tax planning, as well as Medicare, Social Security and insurance analysis.