HM Payson
David Hines
December 15, 2022
Portland financial firm announces internal promotions
HM Payson, a Portland-based financial advisor, has promoted two long-standing members of the research team.
David Hines, a Chartered Financial Analyst, was promoted from director of research to deputy chief investment officer. In his new role, Hines will manage the firm's team of research professionals and oversee all investment-related activity within client portfolios.
Hines, who joined the firm in 2003, is also a managing director and serves on the Investment Committee. Before working at HM Payson, he spent 10 years in Boston as an investment manager and as a bond trader. Hines is also an Army veteran who was stationed in Germany and worked as a communications officer in an artillery unit.
Hines has a bachelor's degree in economics from Penn State University in Pennsylvania, and an MBA in finance from Babson College in Wellesley, Mass.
HM Payson
Benjamin Michaud
Benjamin Michaud, another CFA, was promoted from head of equity research to director of research. Michaud will now lead all individual stock and bond analyses and run the firm's weekly investment policy meetings. He joined the firm in 2011.
Michaud has a bachelor's degree from Cedarville University in Ohio. He enjoys hunting, golfing, skiing, fitness and reading in his free time.
Founded in 1854, HM Payson is a Maine-based integrated financial advisor overseeing over $6 billion in client assets. It is Maine's second-largest registered investment advisor, according to the Mainebiz list that ran in the Feb. 21 issue. The company provides independent investment management, financial planning, and trustee services to individuals, families and institutions. The firm is headquartered in Portland with offices in Brunswick and Damariscotta.
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