Release date: January 8, 2026
Cape Cod 5 Announces Wealth Management Promotions
Hyannis, MA – Cape Cod 5 recently announced the promotions of Rachael Aiken to Chief Wealth Management Officer and Joe King to Chief Fiduciary Officer, reinforcing the Bank’s commitment to experienced, relationship-driven leadership and exceptional client service. 
“These promotions reflect Rachael and Joe's deep expertise, steady leadership, and unwavering commitment to the long-term financial success of our clients, as well as the Bank’s long-standing practice of developing internal talent and maintaining leadership continuity,” said Bert Talerman, President of Cape Cod 5. “Their experience and long-standing commitment to our organization and community ensure strong continuity in leadership as we continue to grow and evolve to meet the changing needs of the families and communities we serve.”
In her new role as Chief Wealth Management Officer, Rachael will oversee all aspects of the Bank’s Wealth Management business, including the Trust and Asset Management and Investment Services teams. With more than two decades of wealth management experience, including over ten years with Cape Cod 5, she brings strategic vision and a client-centered approach to delivering comprehensive financial solutions.
Throughout her tenure with the Bank, Rachael has held senior investment leadership roles, including Director of Investments. She brings professional experience from a national brokerage firm and a Massachusetts-based bank investment management group. Her career has been defined by disciplined investment strategy, thoughtful asset allocation, and a steadfast dedication to helping clients achieve their financial goals.
Rachael earned a Bachelor of Arts degree in Economics from Bucknell University and attained the Certified Financial Planner™ (CFP®) designation in 2006. Active in the community, Rachael has served in the board of the Cape Cod Community College Educational Foundation since 2028 with service as Treasurer and is the recent past Chair. She remains actively involved in the Centerville community, where she resides with her husband.
Joe King, who joined Cape Cod 5 in 2018, brings over 20 years of experience in trust administration and fiduciary services to his new role as Chief Fiduciary Officer. He will continue to guide the Bank’s fiduciary strategy and oversee trust administration, estate settlement and related services, ensuring that clients receive thoughtful, responsive and technically sound support.
Prior to joining Cape Cod 5, Joe served as senior vice president & trust counsel for a local investment firm, where he managed trust administration and fiduciary services. Earlier in his career, he held trust management roles with increasing responsibility at both national and regional trust companies.
Joe earned his Juris Doctor from Tulane University Law School and a Bachelor of Science degree in Psychology from Fordham University. In addition, Joe has completed the New England School of Banking Trust Program and attended Cannon Private Banking School.
