Matthew Alpert joins Orrstown Financial Advisors as Executive Vice President, Chief Wealth Officer, to enhance wealth management services.
Quiver AI Summary
Orrstown Financial Advisors (OFA), a division of Orrstown Bank, announced the appointment of Matthew Alpert as Executive Vice President and Chief Wealth Officer, effective January 5, 2026. Alpert will lead OFA's wealth management and trust operations, focusing on strategic growth and enhancing services for clients. He has a strong background in wealth management from his previous roles at Wells Fargo, where he excelled in building high-performing teams and providing comprehensive financial solutions to high-net-worth clients. OFA's leadership expressed enthusiasm for Alpert's addition, highlighting his alignment with the firm's client-focused mission. Alpert looks forward to leveraging his experience to strengthen OFA's foundation and help clients achieve their financial goals.
Potential Positives
- Appointment of Matthew Alpert as Executive Vice President, Chief Wealth Officer, highlights Orrstown Financial Advisors' commitment to enhancing leadership and expertise in wealth management.
- Mr. Alpert's extensive experience at Wells Fargo and proven track record in team leadership indicate strong potential for growth and development of OFA's wealth management services.
- The press release communicates a strategic intent to drive growth in wealth management, reinforcing the company's focus on client service and comprehensive financial solutions.
- The positive statements from OFA's leadership about Mr. Alpert suggest a strong alignment with the company's mission and values, which can strengthen team morale and client confidence.
Potential Negatives
- None
FAQ
Who is Matthew Alpert?
Matthew Alpert is the new Executive Vice President and Chief Wealth Officer at Orrstown Financial Advisors, effective January 5, 2026.
What will Matthew Alpert's role entail?
He will lead wealth management and trust operations, focusing on strategic growth and providing exceptional services to clients.
What is Orrstown Financial Advisors known for?
Orrstown Financial Advisors is recognized for delivering personalized financial advice and managing over $3 billion in investments.
What experience does Alpert bring to Orrstown Financial Advisors?
Alpert has extensive experience in wealth management, having held senior leadership roles at Wells Fargo focused on high-net-worth clients.
How can I learn more about Orrstown Financial Advisors?
For more information, you can visit the Orrstown Financial Advisors website at www.orrstown.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ORRF Insider Trading Activity
$ORRF insiders have traded $ORRF stock on the open market 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $ORRF stock by insiders over the last 6 months:
- MICHAEL JAEGER (EVP, Chief Experience Officer) sold 642 shares for an estimated $21,988
- CINDY JEANNETTE JOINER purchased 302 shares for an estimated $10,355
- SARAH M BROWN purchased 288 shares for an estimated $10,080
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ORRF Revenue
$ORRF had revenues of $64.4M in Q3 2025. This is an increase of 0.45% from the same period in the prior year.
You can track ORRF financials on Quiver Quantitative's ORRF stock page.
$ORRF Hedge Fund Activity
We have seen 69 institutional investors add shares of $ORRF stock to their portfolio, and 57 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- KENNEDY CAPITAL MANAGEMENT LLC added 238,790 shares (+569.5%) to their portfolio in Q3 2025, for an estimated $8,114,084
- ASSENAGON ASSET MANAGEMENT S.A. added 195,055 shares (+inf%) to their portfolio in Q3 2025, for an estimated $6,627,968
- FOURTHSTONE LLC added 194,270 shares (+15.4%) to their portfolio in Q3 2025, for an estimated $6,601,294
- MILLENNIUM MANAGEMENT LLC removed 148,035 shares (-86.5%) from their portfolio in Q3 2025, for an estimated $5,030,229
- BRIDGEWAY CAPITAL MANAGEMENT, LLC removed 115,850 shares (-92.7%) from their portfolio in Q3 2025, for an estimated $3,936,582
- AMERICAN CENTURY COMPANIES INC added 77,609 shares (+30.3%) to their portfolio in Q3 2025, for an estimated $2,637,153
- MORGAN STANLEY removed 74,517 shares (-35.8%) from their portfolio in Q3 2025, for an estimated $2,532,087
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ORRF Analyst Ratings
Wall Street analysts have issued reports on $ORRF in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Keefe, Bruyette & Woods issued a "Outperform" rating on 07/24/2025
To track analyst ratings and price targets for $ORRF, check out Quiver Quantitative's $ORRF forecast page.
Full Release
HARRISBURG, Pa., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Orrstown Financial Advisors (OFA), a division of Orrstown Bank, is pleased to announce that Matthew Alpert joined the firm as Executive Vice President, Chief Wealth Officer , effective January 5, 2026 . In this role, Mr. Alpert will lead OFA’s wealth management and trust operations, driving strategic growth and delivering exceptional wealth services to clients.
Mr. Alpert brings extensive experience in wealth management, having previously served in senior leadership roles at Wells Fargo , where he focused on building, managing, and developing high-performing teams dedicated to providing comprehensive financial solutions to high-net-worth individuals and families. His proven ability to cultivate talent and strengthen wealth management, trust administration, and estate planning services will further enhance OFA’s commitment to helping clients achieve their financial goals.
“We are thrilled to welcome Matt to our leadership team,” said Adam Metz, Orrstown Bank’s Chief Operating Officer . “His proven track record in team leadership and client-first approach align perfectly with our mission to deliver personalized, high-quality financial advice and trust services. He will be instrumental in OFA’s continued growth.”
“I’m looking forward to working closely with Matt as we continue to expand our capabilities,” shared Philip Fague, Chief Trust Officer . “His experience in developing strong teams and fostering collaboration will be invaluable as we strive to provide exceptional service and guidance to our clients.”
“I am excited to be part of an organization like OFA that values integrity and puts its clients first,” Mr. Alpert said. “I am eager to begin working with the talented team at Orrstown Financial Advisors to build on its strong foundation and help clients navigate their financial futures.”
For more information about Orrstown Financial Advisors and its services, please visit www.orrstown.com .
About Orrstown Financial Advisors
Orrstown Financial Advisors is a division of Orrstown Bank, one of the largest independent community banks headquartered in central Pennsylvania. First established in 1919, Orrstown Bank has served generations of families and businesses throughout the area. Today Orrstown Financial Advisors oversees more than $3 billion in investments. Visit our website at www.orrstown.com to learn more.
For media inquiries or further information, please contact:
John Moss
SVP, Director of Marketing and Client Experience, Orrstown Bank
717-747-1520
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b4662c5c-14d1-48df-8fad-05524536561b
