Greater Boston
As Associate Director of Fiduciary Services with Cambridge Trust Company, Kelly provides fiduciary guidance during the sales process and throughout current trust, estate, and agency relationships. She is responsible for providing subject-matter expertise related to complex trust and estate administration issues. Kelly also engages in risk mitigation and oversight projects. Her knowledge of trust administration, estate planning, income tax, estate tax, generation skipping transfer tax and fiduciary law allows her to be a key partner to Cambridge Trust Company colleagues and clients. Kelly has twenty years of experience in the financial services industry having significant exposure to institutional investments, trusts, estate planning, financial planning and tax planning. She joined Cambridge Trust Company in 2022.
Security Licenses - SIE, Series 7 and 63
- Assess fiduciary risks and policy compliance in new trust acceptance reviews ($1M++). - Fiduciary support and oversight for Merrill Lynch trust sales organization. - Review trust discretionary actions, discretionary distributions, and income/principal allocations. - Oversee trust administration on behalf of the Bank’s role as trustee and personal representative. - Coordinate with administrators, investment managers, tax specialists, and legal to resolve complex issues regarding the Bank’s exercise of fiduciary powers. - Research trust legal issues and developments in fiduciary law to strengthen internal controls. - Provide subject matter expertise advice to trust and estate business on client escalation matters. - Review business risks as trust administration and investment review committee member.
- Managed the development of national fiduciary policies and procedures (100+) governing the fiduciary business, including trusts and estates, investments, and taxes. - Organized governance committee charged with strengthening national fiduciary policy controls— approved initiatives, directed resources, and reported initiatives and outcomes to leadership. - Implemented national-level fiduciary policy and procedure changes strengthening risk controls. - Collaborated with business partners across the organization to identify and implement standardized fiduciary policy control process improvements.