Bar Harbor Wealth Management
Bar Harbor Wealth Management is the wealth management arm of Bar Harbor Bankshares, headquartered in Bar Harbor, Maine. The firm provides investment management, financial planning, and fiduciary services primarily to individuals, families, businesses, and non-profits throughout Northern New England. As a subsidiary of Bar Harbor Bank & Trust, they serve clients across Maine, New Hampshire, and Vermont. The broader institution dates to 1887, but the specific founding date of the wealth management arm is not explicitly stated. Bar Harbor Bank & Trust and its subsidiaries employ more than 600 people across 60+ locations.
Investment Strategy
Bar Harbor Wealth Management employs a client-centric strategy focused on personalized portfolio construction, combining traditional asset allocation with risk management and financial planning. Leveraging the broader resources of Bar Harbor Bank & Trust, they offer investment products ranging from equity and fixed income to alternative assets, always tailoring solutions to individual goals while emphasizing long-term growth, diversification, and fiduciary responsibility. Their approach is rooted in community and relationship banking, aiming to serve the full spectrum of client needs across wealth levels and life stages.
Top Holdings
Equity Positions (257)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
X XLK | SELECT SECTOR SPDR TR | 7.96% | $132.5M | 470,263 | $38.86 | $281.86 | +$13.1M |
I IVV | ISHARES TR | 4.15% | $69.2M | 103,334 | $282.24 | $669.30 | +$3.8M |
A AAPL | APPLE INC | 3.76% | $62.7M | 246,103 | $33.04 | $254.63 | +$12.5M |
A AGG | ISHARES TR | 3.75% | $62.4M | 622,586 | $106.36 | $100.25 | +$3.3M |
L LLY | ELI LILLY & CO | 3.31% | $55.2M | 72,327 | $64.80 | $763.00 | -$3.3M |