A firm that manages assets for community bank trust departments is gearing up for what its executives call a big growth opportunity with smaller banks.

In June the trust investment services unit of Financial Counselors Inc. of Kansas City, Mo., opened an office in Shelton, Conn. The company staffed the office, its first in Connecticut, with a team of senior-level professionals it hired from a rival, Wright Investors' Services of Milford, Conn.

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