Orrstown Financial Advisors Welcomes Matthew Alpert as Chief Wealth Officer
Rhea-AI Summary
Orrstown Financial Advisors (ORRF) announced that Matthew Alpert joined as Executive Vice President, Chief Wealth Officer, effective January 5, 2026. He will lead OFA’s wealth management and trust operations, focusing on strategic growth, trust administration, and estate planning.
Mr. Alpert previously held senior leadership roles at Wells Fargo, where he built and managed teams serving high-net-worth clients. Company executives said his team-building and client-first approach will support OFA’s efforts to expand capabilities and deliver personalized wealth and trust services.
Positive
- Appointment effective January 5, 2026
- Leadership role to head wealth management and trust operations
- Experience from senior roles at Wells Fargo in high-net-worth services
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ORRF declined 0.37%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
ORRF gained 1.78% while peers were mixed: CAC up 2.35%, NBBK up 0.55%, MPB down 0.91%, EGBN slightly negative and FCBC flat, pointing to stock-specific strength rather than a broad sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 12 | Leadership hire | Neutral | -0.3% | New C&I team leader appointed for York and Adams County markets. |
| Oct 21 | Quarterly earnings | Positive | +0.2% | Q3 2025 results with higher net income, EPS and loan growth. |
| Oct 15 | Earnings scheduling | Neutral | -4.2% | Announced Q3 2025 earnings release date and conference call details. |
| Jul 22 | Earnings & dividend | Positive | +7.7% | Strong Q2 2025 earnings, dividend increase and repurchase authorization. |
| Jul 15 | Earnings scheduling | Neutral | +0.8% | Set Q2 2025 earnings release date and investor call logistics. |
Recent news — mainly earnings, dividends, and leadership updates — has generally seen ORRF trade in line with the positive or neutral tone of announcements, with no clear pattern of selling on good news.
Over the last six months, Orrstown’s news flow has centered on earnings execution and capital returns. Q2 and Q3 2025 results featured rising net income, stronger net interest margins, and a higher dividend, alongside a share repurchase authorization. Earnings date announcements in July and October 2025 and a leadership hire in November 2025 were operational updates with modest price moves. Today’s wealth-management leadership appointment continues this pattern of incremental, strategy-focused corporate developments.
Market Pulse Summary
This announcement adds an experienced Chief Wealth Officer to Orrstown’s wealth management and trust platform, following a year marked by solid earnings, dividend growth, and capital management actions in 2025. It continues a pattern of incremental leadership and strategic updates rather than transformational events. Investors may watch upcoming results for evidence of growth in fee-based wealth revenues, integration with existing trust operations, and any changes in overall profitability metrics.
AI-generated analysis. Not financial advice.
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
For media inquiries or further information, please contact:
John Moss
SVP, Director of Marketing and Client Experience, Orrstown Bank
717-747-1520
jmoss@orrstown.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b4662c5c-14d1-48df-8fad-05524536561b
FAQ
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