The new team will help Lydian establish itself in the Naples market.
Lydian Bank & Trust has hired three former executives from Bank of Florida's Trust Company to help it enter the Naples market.
The Palm Beach-based company has brought on the former president of Bank of Florida's Trust Company, Scott Kellett, former senior vice president Kerry Edwards, and former client services officer Elizabeth Hackett, for the expansion.
“We identified Naples and Collier County as a natural fit given our business model and our sophisticated target audience,” said James Meany, president of Lydian Bank & Trust, in a release.
Kellett has 16 years of experience in wealth management, and served as Florida Trust Manager with Fifth Third Bancorp prior to his work with Bank of Florida. Edwards, a former portfolio manager with Morgan Keenan Trust Co., has 10 years experience. Hackett has previously worked as a client service professional for the Bank of Florida.
Lydian is the seventh-largest privately-held bank based in Florida.