It is well known that there is a gap in pay between men and women – women working full time earn roughly 77 cents for every dollar earned by men – however, it is far less commonly discussed that there is also a retirement gender gap.

When:  Thursday, July 14, 2016     5:00 – 7:00pm Where: Ocean Gateway 14 Ocean Gateway Pier Portland, Maine Hors d’oeuvres will be served HM Payson is pleased to host a cocktail reception to showcase the important work that the Maine Winter Sports Center is doing to build a curriculum of empowerment through outdoor sport […]

For a printer-friendly version, click here. By HM Payson Research Department Every U.S. presidential election brings the hope for – or fear of – change. Together with the uncertainty inherent in these cycles, investor angst increases. Not surprisingly, we are hearing numerous questions from clients these days on the topic. “What do you think about […]

For printer-friendly version, click here. By John S. Beliveau, CFA, CFP® Recent stock market volatility has returned to levels unseen in many years. As of mid-January, the stock market has experienced its second correction in the past six months (a correction being a decline of 10% or more) after going four years between previous corrections. […]

Joy joined H.M. Payson at the end of November, coming most recently from Fund Wisdom in Boston, MA as a research analyst. She graduated from the Clark University School of Management with a Master in Finance in 2015 and completed her undergraduate studies at Shanghai International Studies University in 2013. Joy is a native of […]

Bridget joins H.M Payson with more than 25 years in the financial services industry, the last 16 years spent as a Senior Trust Associate for the Key Private Bank Group in Portland. Prior to KeyBank she worked for Fleet Bank and also for a local law firm specializing in trust and estate law. Bridget grew […]

Jay joins H.M. Payson with more than 15 years in the financial services industry, most recently at Old Port Advisors where he was a Vice President and Portfolio Manager. After a stint in Boston, Jay “returned” to Maine in 2005 where he worked as a Financial Advisor with Legg Mason (now Morgan Stanley) before joining […]

Derek joins H.M. Payson with more than fifteen years of banking, trust and financial industry experience; most recently as Vice President and Director of Operations at Spinnaker Trust where he was a member of that firm’s senior leadership team. As the Director of Operations for H.M. Payson, Derek will direct, develop and administer operational strategies […]

At its closing low last Tuesday, the S&P 500 Index was 12.5% below its all-time high of 2,135 and well into what market observers consider to be ‘correction’ territory. Intra-day lows early Monday were even scarier, in an apparent wave of indiscriminate selling. Given the speed of the decline (10%+ in six trading days), the […]

Greetings – It goes without saying that the volatility we have experienced this week is unsettling. We are in the midst of a more detailed communication on the subject, but in the meantime we wanted to let you know that we are thoughtfully assessing the situation.  The bottom line: we believe this is much more […]