Rockland Trust's Investment Management Group Announces a Record Year with $5.8 Billion in Assets Under Administration

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Jan 24, 2023

Rockland Trust’s Investment Management Group (IMG) achieved a new record, closing out the year with $5.8 billion in Assets Under Administration (AUA) as of December 31, 2022. Despite strong headwinds in the stock and bond markets, IMG’s AUA has grown by nearly 17 percent, from December 31, 2020, to December 31, 2022. The team also achieved a record year of gross new business generation totaling $1.2 billion and made strategic hires throughout the Bank’s footprint to support the growing portfolio.