Press Release: Two of Maine’s Prominent Independent Fee-Only Registered Investment Advisors Merge

Penobscot Financial Advisors and Portland Integritas Advisors join to expand their national reach

Portland, Maine, January 23, 2023 – Portland Integritas Advisors and Penobscot Financial Advisors (PFA) have merged under the PFA company name. Together, PFA now serves more than 740 clients and manages nearly $350M in assets. 

Karen Elise Kilbride, CFP®, CPA, started working in the financial services industry in 1984 and founded Portland Integritas Advisors in 2012. Kilbride prioritized merging with another local independent firm with high standards of service and fiduciary care. 

“Combining firms with PFA was synergistic, ” said Kilbride. “PFA is a good match in firm philosophy, focus on quality, and service offering to Portland Integritas Advisors clients. Expanding the team of credentialed professionals to better serve clients was always part of a longer-term strategy, which was fulfilled with the affiliation with PFA.”

Both PFA and Portland Integritas Advisors have long provided clients with comprehensive financial planning and investment management.  The resulting entity is one of Maine’s largest purely fee-only independent fiduciary firms, with offices in Bangor and Portland. PFA works with a national client base virtually and in-person. PFA was recognized as one of the country’s fastest growing Registered Investment Advisor firms in 2022 by Citywire, a global media outlet. 

“Karen Elise brings a wealth of skill and experience to the PFA Team,” said PFA’s Chief Executive Officer Craig Joncas, CFP®. “Joining the two firms was an opportunity to elevate our work and ensure our clients receive a high quality service well into the future.”

About Penobscot Financial Advisors

PFA is an independent, fee-only registered investment adviser with offices in Portland and Bangor. PFA has provided fiduciary asset management and financial advice to individuals, families, businesses, and non-profits in Maine and nationally since 2001. PFA was named one of the country’s fastest growing RIAs by Citywire in 2022. Learn more at and on YouTube, @penobscotfinancialadvisors219.

Contact: Craig Joncas, CFP®, Penobscot Financial Advisors, (207) 990- 1901,

Source: Penobscot Financial Advisors