Management Team

In-depth knowledge and experience

Chief Investment Officer

David B. Smith, CFA
Managing Director & Chief Investment Officer

David B. Smith, CFA
2036 Washington Street
Hanover, MA 02339
Phone: 781.982.6778
Fax: 508.732.7767
David.Smith@RocklandTrust.com

David Smith is the Chief Investment Officer and Senior Portfolio Manager at Rockland Trust and is responsible for the oversight and direction of the Investment Management Group. In this capacity, Mr. Smith is involved in performing research and setting investment policy, as well as managing client portfolios.

He has worked in the investment management field since 1990. Prior to joining Rockland Trust, Mr. Smith was a founding partner, Senior Vice President and a Senior Portfolio Manager of Mellon Growth Advisors (MGA), a subsidiary of Mellon Financial Corporation where he was the lead portfolio manager for the MGA Small Cap Growth, MGA Small/Mid Cap Growth, and MGA Mid Cap Growth strategies. His experience also includes State Street Global Advisors (SSgA) where he led the US Small/Mid Cap Growth strategies in its Global Fundamental Strategies group, and managing director of real estate securities at the Tuckerman Group, a real estate subsidiary of SSgA.

Mr. Smith holds a B.A. in Economics from the University of Massachusetts/Amherst and a M.S. in Finance from the Sawyer School of Management at Suffolk University. He is a CFA charterholder, a member of the CFA Institute, and the Boston Security Analysts Society. Mr. Smith serves on the SSgA Advisory Council, the Advisory Board for the Finance Programs at the Sawyer School of Management at Suffolk University, the Cardinal Cushing / St. Coletta's School Board of Directors and the South Shore Chamber Board.


Portfolio Manager

Douglas S. Butler, CFA, CFP®
Vice President & Director of Research

Douglas S. Butler, CFA,CFP® 
2036 Washington Street
Hanover, MA 02339
Phone: 781.982.6593
Fax: 508.732.7747
Doug.Butler@RocklandTrust.com

Doug Butler has worked in the investment management business since 1991. As the Director of Research, he is responsible for the equity research process and manages the research analyst team. Doug is also responsible for developing asset allocation models, selecting external investment managers, and developing new investment products.

Prior to coming to Rockland Trust, Doug had a consulting business, specializing in mergers and acquisitions consulting for private manufacturing firms in the Chicago area. Prior to starting his own business, he worked for Sanford C. Bernstein as an Equity Portfolio Manager in their International Investment Management group.

Doug is a CFA charterholder and has also received his designation as a Certified Financial Planner™. He is a member of the CFA Institute, the Boston Security Analysts Society, and the Williams Club. He also serves on the Finance Committee for the Town of Wakefield. Doug is a graduate of Trinity College.

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