BankFive, a community bank with locations in Massachusetts and Rhode Island, today announced the hiring of Joseph E. Shea as Assistant Vice President as well as Investment Executive with Osaic Institutions, Inc. Osaic Institutions, located at BankFive, provides clients with comprehensive financial planning services.
"We are very excited to have Joseph joining our team here at BankFive," said Anne P. Tangen, President and CEO of BankFive. "I am confident that with Joseph's decades of experience as a financial advisor, he will provide our customers expert guidance to help plan all of their financial needs."
Joseph E. Shea has a long career in financial advising, with stops at HarborOne Bank and Investment Services as well as CUNA Mutual Financial Group. In his new position, Joseph will provide customers with complete planning and advisory services related to retirement, investing, life insurance, and long-term care. He graduated from Worcester State College in 1997 and got a further Chartered Retirement Planning Counselor/CRPC* designation from the College for Financial Planning in 2017. Joseph is already involved in the Fall River community as he serves as basketball coach for the Holy Name parish team in Fall River.
Osaic Institutions is a third party marketing firm that focuses on meeting the needs of community banks and their customers. They offer retail investment and insurance programs, financial planning services, full service brokerage capabilities, and access to a wide range of products and services.
Investment and insurance products and services are offered through Osaic Institutions, Inc., Member FINRA/SIPC. Osaic Institutions and BankFive are not affiliated. Products and services made available through Osaic Institutions are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.