Ledyard Financial Advisors welcomes Phillips

Ledyard Financial Advisors is pleased to announce the addition of Douglas Phillips as a Senior Vice President, Senior Investment Strategist. Doug brings with him over 30 years of experience in the investment management industry serving affluent individuals and families, foundations and endowments.

Prior to joining Ledyard, Doug was the Chief Investment Officer of Foster Dykema Cabot, a registered investment management firm in Boston, where he was responsible for leading the investment team and overseeing the investment process, including asset allocation, research and the selection of individual investments. Previously, Doug was a Portfolio Manager at Choate Investment Advisors, a subsidiary of Choate Hall & Stewart in Boston. While at Choate, he worked closely with many of the firm's affluent clients and was a member of the Investment Policy Committee, which was responsible for formulating investment strategy and selecting investments.

Doug serves on the Board of Directors of the Kents Hill School where he is Chairman of the Investment Committee and is a former trustee of the Echo Lake Association. He earned a BA in Economics from St. Lawrence University in 1986 and holds the Chartered Financial Analyst designation. He is also a member of the CFA Institute and the Boston Security Analysts Society.

Doug currently lives in Acton, Massachusetts with plans to relocate to the Upper Valley.

Ledyard Financial Group, Inc, headquartered in Hanover, New Hampshire, is the holding company for Ledyard National Bank. Ledyard National Bank, founded in 1991, is a full service community bank offering a broad range of banking, investment, tax and wealth management services.

Ledyard Financial Group, Inc. shares can be bought and sold through the NASD sanctioned “OTC Markets” under the trading symbol LFGP. Shares may be traded through an individual’s broker. For more information, please refer to the “Investor Relations” section of the bank’s website at www.ledyardbank.com or contact the bank’s Chief Financial Officer, Gregory D Steverson.