# Cape Ann Savings Bank

Cape Ann Savings Bank is a Multi Family Office based in Gloucester, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Gloucester, United States
- **Region:** North America
- **Address:** Gloucester, MA, United States
- **Founded:** 1846
- **Assets under management:** Undisclosed
- **Website:** capeannsavings.bank
- **LinkedIn:** https://www.linkedin.com/company/cape-ann-savings-bank

## Regulatory record

- **Reports private funds:** No

## About

Cape Ann Savings Bank was established in 1846 in Gloucester. Marianne Smith serves as President and CEO. The institution provides investment management and trust services to local families with an emphasis on multigenerational objectives. The bank deploys capital across fund-of-funds, private credit, private equity and real estate. It maintains a geographic focus limited to North America. Investment types include direct holdings and external manager commitments. Confirmed relationships include co-sponsorship of local museum exhibitions and advisory roles held by trustee Ken Riehl at UMass Gloucester Marine Station and the Trustees of the Reservations. The firm operates five physical offices in Essex County. It holds membership in the Depositors Insurance Fund and the Massachusetts Bankers Association, where Smith serves on the board. No recent operational events from the last 24 months appear in available records. Cape Ann Savings Bank functions as a regulated depository institution that also offers family-office services. This hybrid structure ties investment activity to community deposit relationships and local governance positions rather than standalone wealth platforms.

## Sectors

- Real Estate
- Private Equity
- Private Credit

## Offices

- Manchester-by-the-Sea, MA, USA
- Rockport, MA, USA

## People

- Marianne Smith — President & CEO
- Ken Riehl — Trustee

## Questions

### Who runs investment decisions at Cape Ann Savings Bank?

Marianne Smith serves as President and CEO. Trustee Ken Riehl holds advisory positions with local institutions that intersect with client interests.

### Does Cape Ann Savings Bank participate in fund commitments or only direct deals?

The bank uses fund-of-funds, private credit, private equity and real estate vehicles. Specific commitment sizes remain undisclosed.

### Where does Cape Ann Savings Bank maintain offices?

Five locations operate in Gloucester, Manchester-by-the-Sea and Rockport, Massachusetts.

### What geographic regions does Cape Ann Savings Bank target?

All confirmed investment activity stays within North America.

### How is Cape Ann Savings Bank related to local organizations?

The bank maintains deposit insurance through the Depositors Insurance Fund and holds board roles at the Massachusetts Bankers Association.

## Related profiles

- [Capdesia](https://altss.com/profile/capdesia)
- [Cape Capital Partners](https://altss.com/profile/cape-capital-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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