PORTLAND — Spinnaker Trust is pleased to announce the promotions of Tim Kaijala, CAIA, CSRIC™, FDP to senior vice president, chief investment officer; Serena Amlie, CFA, ASA to vice president, ESOP client advisor; and Karen Hamblen to vice president, director of relationship administration.
“Tim, Serena and Karen each bring extensive expertise, thoughtful leadership, and a strong commitment to helping our clients,” said Amanda V. Rand, Esq., president, CEO and principal. “Their work enhances our ability to deliver the service our clients rely on, and we are pleased to recognize their achievements and many contributions to Spinnaker Trust. As we celebrate 25 years, we will continue to cultivate the next generation of leaders to help us flourish as an independent, Maine based firm into the future.”
Kaijala supports the firm’s investment strategy and due diligence processes across public and private markets. He works closely with Spinnaker’s client advisors and client service teams to align portfolio construction with client goals and serves as a member of the firm’s Investment Committee. Since joining Spinnaker, Kaijala has played a key role in guiding the firm’s investment philosophy and helping clients navigate complex market environments.
Amlie collaborates with Employee Stock Ownership Plan clients to develop customized strategies that align with their financial goals and employee ownership objectives. She advises on ESOP-related transactions, oversees annual valuations of company stock, and works closely with corporate leadership teams to support long-term planning and fiduciary responsibilities. Her combined background in valuation and financial analysis enhances Spinnaker’s growing ESOP practice.
Hamblen oversees Spinnaker’s relationship administration function, ensuring clients receive responsive and accurate service across trusts, estates, IRAs and other managed accounts. She works closely with advisors and operations teams to support seamless account administration and consistent client experience.
In 2025 Spinnaker Trust was named one of the Best Places to Work in Maine for the seventh consecutive year, reinforcing its commitment to fostering a strong workplace culture while positively impacting Maine’s 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. Spinnaker also provides ESOP Trustee services to more than 65 organizations throughout the Northeast. Celebrating 25 years as an independent, Maine-based firm, 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.
