Andover Townsman, Andover, MA

June 5, 2014

Business Briefcase


The Andover Townsman

---- — Lawyer honored as zealous advocate

Andover attorney James B. Krasnoo of Krasnoo | Klehm LLP was recently honored by the Massachusetts Bar Association with its Defender Award during the organization’s annual dinner at the Westin Boston Waterfront Hotel.

The award is part of the MBA’s annual Access to Justice Awards, which recognize attorneys and law firms making significant strides in the arena of legal access.

A defense attorney, Krasnoo started his legal career at the attorney general’s office. He always knew he wanted to be a trial attorney, according to a release, but when he began to see the problems of inadequate defense, he says he found himself drawn to the work of a bar advocate.

A career later, the MBA reports Krasnoo is still fighting for his clients for the same reasons he started years ago. He is widely regarded as a zealous advocate who sees the best in all people and also serves as a mentor to other lawyers. He practices in Andover.

Morris named to Leader’s Club

Peter Morris of the The Bulfinch Group has been named a Leader’s Club member for a second time. Leader’s Club is one of the highest designations annually awarded by The Guardian to advisers who demonstrate outstanding service dedication to their clients.

Based in Newton, The Bulfinch Group is a financial services firm that serves individuals, families and businesses. Morris, a certified financial planner, works with clients on a wide range of issues including financial protection and wealth accumulation strategies, using a comprehensive planning process that coordinates all aspects of their personal economies.

Morris has lived in Andover with his wife, Danette, and their three children for more than 20 years and has served on a variety of local nonprofit boards. The Bulfinch Group’s Andover office is located in Dundee Park. Contact Morris at petermorris@bulfinchgroup.com.

Andover man top financial adviser

John Murphy, a Raymond James financial adviser located at Addison Avenue Investment Services, has been named one of REP magazine and WealthManagement.com’s Top Next Gen Advisers Under 40.

Addison Avenue Investment Services is the investment services program of First Tech Federal Credit Union, the nation’s leading credit union serving employees and family members of America’s technology sector.

“We are honored to count John Murphy as one of the top advisers under 40,” Scott Curtis, president of Raymond James Financial Services, said in a release. “The fact that John was among 21 Raymond James advisers on this list of 70 high performers from across the country reflects their client-first focus, professionalism (and) expertise.”

MKS pays $87M for industrial co.

MKS Instruments, Inc. of Andover has announced it has completed its acquisition of the assets of Granville-Phillips, formerly a division of Brooks Automation, Inc., for $87 million in cash.

Granville-Phillips is a leading global provider of vacuum measurement and control instruments to the semiconductor, thin film and general industrial markets, with sales of approximately $30 million in 2013.

This acquisition further strengthens MKS’ position in the vacuum gauge market, company officials say. MKS is the market leader in direct pressure measurement and Granville-Phillips is a well-regarded leader in indirect vacuum gauges. The Granville-Phillips business will be operated as the Granville-Phillips division of MKS and will be integrated into MKS’ pressure measurement business.

Jerry Colella, MKS’ CEO and president, said in a release, “We are pleased to be able to offer our customers and existing Granville-Phillips customers an extended portfolio of quality products supported by our global sales and service infrastructure. We are also excited to welcome Granville-Phillips employees to MKS and look forward to their contribution to business synergies as we integrate Granville-Phillips into MKS.”

New manager in bank branch

Gladys Martinez of Haverhill has been appointed branch manager of the Reading Co-operative Bank at 20 Central St. in Andover.

Martinez has overall responsibility for sales, service, operational efficiency and deposit growth of the branch.

“It is exciting to work for an institution that is over 100 years old, but at the same time is very modern and current,” she said in a release. “This atmosphere is what makes customers so loyal to Reading Co-operative Bank.”

Martinez comes to Reading Co-operative Bank with extensive branch banking experience in sales and operations in both the Andover and Lawrence markets, as well as experience in branch administration.

Reading Co-operative Bank has other branches in Burlington, North Reading, Reading, Wilmington and Woburn.

Boston Partners Financial named top firm

Boston Partners Financial Group of Andover, led by Managing partner Mark Marroni, is the 2013 recipient of Signator Investors, Inc./John Hancock Financial Network President’s Trophy for the second consecutive year and fourth year overall.

“As an independent broker-dealer, Signator Investors is committed to growing its firms that provide support and resources to their independent financial professionals who in turn serve the end client,” Brian B. Heapps, president, John Hancock Financial Network, said in a release. “We are proud of what the Boston Partners group does to exhibit excellence in professionalism in serving their clients in New England.”

Boston Partners previously received Signator’s President’s Trophy in 2012, 2009 and 2007.

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