Portland Trust Co.

Portland Trust Co. is a non-depository trust company in Portland, Maine, that helps individuals, families, businesses, nonprofits and municipalities manage their financial affairs. For families, the work centers on wealth management, including whether savings will last through retirement, how to leave money to children or charities, and how to plan for long-term nursing care. For nonprofits, the firm can serve as an outside CFO, managing endowments and smoothing cash flow, and for towns it advises on borrowing, long-standing trusts and municipal resources.

Fees are based on a percentage of assets under management or, in some cases, an agreed hourly rate for consulting work. The office is at Two Monument Square in Portland, and the team can be reached by phone or through a contact form on the website. The firm describes itself as a local, approachable alternative to the large financial services organizations.