Management Team

David Smith is Managing Director and Chief Investment Officer and has been with Rockland Trust since 2003. David oversees and manages the Investment Management Group. In this capacity, he is involved in performing research and setting investment policy, as well as managing client portfolios. During his tenure at Rockland Trust, Mr. Smith has overseen the growth of the Bank’s Investment Management Group to one of the largest independent investment advisors in Massachusetts with over $5 billion in assets.

David has worked in the financial services industry since 1990. Prior to joining Rockland Trust, David was a founding partner, Senior Vice President and Senior Portfolio Manager at Mellon Growth Advisors (MGA), a subsidiary of Mellon Financial Corporation. He also held positions at State Street Global Advisors (SSGA) and the Tuckerman Group in real estate securities, a real estate subsidiary of SSGA. David holds a BA in Economics from the University of Massachusetts/Amherst and a MS in Finance from the Sawyer School of Management at Suffolk University. He is a Chartered Financial Analyst (CFA), and a member of the CFA Institute and the Boston Security Analysts Society.

David serves on the Advisory Board for the Finance Programs at the Sawyer School of Management at Suffolk University, the South Shore Chamber Investment Committee, and the Finance Committee of the Archdiocese of Fall River. He resides in Falmouth with his family.

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.