Hamel acquires equity position in financial firm

18 years ago

    PRESQUE ISLE – The Presque Isle-based financial services firm of Thompson Associates has announced that it is now known as Thompson-Hamel, LLC, a newly formed entity owned by Arthur Thompson, John “Jay” Thompson and Brian Hamel.
    Thompson-Hamel, LLC will continue in the tradition of Thompson Associates, which was formed over 44 years ago by its founder Arthur Thompson, in providing its clients with financial and estate planning services and offering a wide variety of investment and insurance products that allow its clients to meet their long-term financial goals and objectives.
    All three principals in the new firm have the designation of General Securities Representative after passing the rigorous Series 7 exam, and they are also licensed Life & Health Producers. These license designations allow Thompson-Hamel, LLC the ability to offer clients a full array of services, including life, long-term disability and long-term care insurance policies, and mutual funds, stocks, bonds, annuities and other investment products through their broker/dealer Ameritas Investment Corp.
    “The formation of this new entity and its equity ownership structure will enhance our ability to provide continuity and long-term stability for our clients, and Jay and I are delighted that Brian Hamel has become our partner,” said Arthur Thompson. “Brian brings a strong financial background and experience to our new firm that will benefit our clients immensely. His commitment and ability to provide a personal customer service touch to our operations, complements our well established practice of first and foremost meeting our clients’ needs.”
    “It is a privilege and an honor to partner with Art and Jay Thompson at Thompson-Hamel, LLC. When you combine over 60 years of their experiences with the general agency and broker/dealer arrangements that we have with Union Central Life Insurance Co. and Ameritas Investment Corp., respectively, along with the pride that we have in providing individual attention to our clients that we care for a great deal, you have a company that I am very proud to be associated with,” said Hamel.
    Thompson-Hamel, LLC manages approximately $107 million of assets for approximately 1,300 clients and is located at 612 Main St., Presque Isle, Maine, 04769. Art, Jay or Brian can be reached by calling (207) 764-3302, toll-free at (888) 377-9373, faxing at (207) 764-3304 or e-mailing at bhamel@mfx.net.