PORTLAND — Spinnaker Trust is pleased to welcome Katelyn Gustenhoven to its Employee Stock Ownership Plan practice as an ESOP analyst.
Gustenhoven brings a strong background in financial analysis, wealth management, and client advisory services to her new role. Most recently, she served as a senior financial analyst at Shade Tree Advisors in Saratoga Springs, New York, where she collaborated with affluent families and individuals to develop tailored financial strategies. Her prior experience includes working at Goldman Sachs as a personal financial management analyst, where she specialized in holistic financial planning, investment strategies, and estate planning.
As an ESOP analyst at Spinnaker Trust, Gustenhoven will play a key role in supporting clients across New England, New York, New Jersey, and Pennsylvania. She will be based in Saratoga Springs, New York.
“As an increasing number of organizations explore employee stock ownership plans as a viable succession strategy. We’re excited to continue to grow our ESOP Trustee Services both in and beyond Maine,” said Amanda V. Rand, Esq., principal, president, and chief executive officer of Spinnaker Trust. “Katelyn’s experience and support will help us continue to deliver the high level of personalized service that our clients rely on.”
In the decade since launching its ESOP practice, Spinnaker Trust has worked with more than 100 ESOP clients across a wide array of industries. Spinnaker Trust adopted an ESOP structure in 2007.
“Given the breadth of our experience, and the fact that our own firm has been a successful ESOP for well over a decade, we are uniquely positioned to advise ESOP clients, and tailor solutions to meet their unique needs,” said Jeannine Pendergast, CPA, principal and ESOP client advisor. “Katelyn’s analytical experience will be invaluable as we continue to help businesses thrive through employee ownership.”
Katelyn earned her bachelor of science in finance from Siena College.
Spinnaker Trust was recently named one of the 2024 Best Places to Work in Maine for the sixth consecutive year. This statewide award highlights Spinnaker as a workplace that positively impacts the state’s economy, workforce, and business community.
Spinnaker Trust is a Maine bank chartered as a non-depository trust company that manages more than $3 billion for a global clientele. Spinnaker provides a wide range of financial services, including investment management, trust and estate planning, and tax services. In the decade since launching its ESOP Trustee Services, Spinnaker has worked with more than 100 ESOP clients in a wide range of industries throughout the Northeast. Founded in 2001, Spinnaker guides clients toward their investment goals, helps them manage and grow their assets and works hard to ensure that their legacy is ready and waiting for future generations. For more information, visit www.spinnakertrust.com.
