Montecito Bank & Trust is increasing the number of team members in its Wealth Management division to support the multi-year, double-digit growth of their wealth management business.

With assets under management in excess of $1.7 billion, the group continues to experience strong demand from private clients, foundations and endowments for their investment management and estate and trust services.

The group welcomes Lisa Harwood, who joins the Wealth Management group as senior portfolio manager. Harwood has 29 years of experience in portfolio management and high net-worth relationship management, including experience in the ultra-high net worth market, which the bank sees as a growing clientele across the Central Coast.

“Lisa has a passion for client service and a very strong record of accomplishment in advising her clients and their families in multiple areas including; portfolio management, complex multi-generational planning, trust planning and personal financial planning,” said Thomas Fisher, senior vice president/chief investment officer.

“I have known Lisa for 25 years and her experience and skill in portfolio management and multi-generational family planning will be a great benefit to our clients,” he said.

Harwood earned her MBA with honors from the University of Southern California and is a Certified Financial Planner and Certified Trust and Financial Advisor. She holds a bachelor of science in electrical engineering from the University of Southern California.

“I am so excited about joining Montecito Bank & Trust,” Harwood said. “The organization is sincerely devoted to taking care of clients and to supporting the community. In addition, Montecito Bank & Trust team members are accomplished professionals with whom I will be proud to work with.”

Montecito Bank & Trust is the oldest and largest locally owned community bank in the Santa Barbara and Ventura counties. Founded in 1975, the bank celebrated its 47th anniversary on March 17. It operates 11 branch offices in Santa Barbara, Goleta, Solvang, Montecito, Carpinteria, Ventura, Camarillo, and Westlake Village.