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Wealth Management Team Leadership
Helping you reach your goals
Meet Our Wealth Management Team Leaders
Matthew L. Bower, CTFA®, CWM®
EVP / Chief Wealth Management Officer
Matthew Bower is C&N's Executive Vice President, Chief Wealth Management Officer. With Matthew’s 25 years of industry experience, he brings a depth of knowledge and leadership experience to C&N. Most recently, he led PNC’s Wealth Management Group in Atlanta, GA, as Managing Director, delivering industry-leading results in client and employee satisfaction and, for 13 consecutive years, his office and numerous regional responsibilities ranked in the top 5 in production.
While Bower has specialized in handling high net worth and financially complex situations, he has considerable experience in all aspects of wealth management, including the administration of investment account management, financial management and fiduciary administration. During his time at PNC, he also served as Senior Vice President & Market Executive for Southwest Florida and, prior to that, he was the head of Private Banking Sales, Administration and Marketing for U.S. Trust Company in Sarasota, Florida. Bower earned his Master of Jurisprudence from Texas A&M University School of Law in Fort Worth, TX, and completed the Stanford Graduate School of Business’s Executive Leadership Program. He has several FINRA licensures and has earned designations as a Certified Trust and Financial Advisor (CTFA), Certified Securities Operations Professional (CSOP) and a Chartered Wealth Manager® (CWM).
Matt and his wife, Lori, enjoy traveling, cooking and spending time with their two college age daughters, Madeline and Ella.
Philip Prough, CFP®, CIMA®
SVP / Senior Investment Officer
Philip is the Trust Investment Manager and oversees the investment unit of the Trust and Financial Management Group. His responsibilities include the oversight of investment strategies, investment analysis and manager selections. Philip joined C&N in 2000. He was previously responsible for the delivery of C&N’s financial services, including the sales and service of Trust, Brokerage and Insurance services. He also retains administration duties for client accounts.
Prior to joining C&N, Philip’s experience at C&N, Prough Insurance Agency and Parente Randolph provided him with valuable skills and insight to lead his team to success at C&N. Philip’s driving philosophy is that “providing a deep, knowledgeable team gives our clients assurance that we have a sustainable support network to meet their changing financial needs. But it’s our personal service that demonstrates our clients will always be our primary focus.”
Philip is an honors graduate from Lycoming College, receiving his Bachelor's of Arts degree in Accounting. He received his Master of Business Administration from Colorado State University in 2012 and has held the designation of Certified Financial Planner® practitioner since 2003. He also holds various securities and insurance licenses.
James Butters, AIF®
SVP / Director of Wealth Management Operations
In his 21-year career with C&N, James has worn many hats, starting as a management trainee back in 1999 and rising to his new post as Director of Wealth Management Operations. In this role, he’s responsible for all daily operational support for Wealth Management, coordinating with IT, and assisting with compliance oversight and retirement plan customer service.
James has a B.S. in Business Administration from Mansfield University, and is an Accredited Investment Fiduciary and Accredited Trust Professional. When not at work, he coaches youth softball and soccer, golfs, gardens and enjoys watching his four children participate in extracurricular activities along with his wife, Kelly.
Larry Alderson, CFP®, CTFA®
SVP / Regional Wealth Management Executive
Larry is a local industry veteran with extensive knowledge and expertise in all facets of financial planning. With over 20 years in the financial services industry, he has been with C&N since 1999 and is currently a Regional Wealth Management Executive, a role in which his personal goal of helping people is fulfilled day in, day out. He believes that “superior service” means getting to know our clients, understanding what is truly important to them, and helping them put a plan together to accomplish those very personal desires.
Larry is an Honors Graduate of Cannon Financial Institute, Trust Schools 1, 2, & 3. He has also completed the College for Financial Planning Professional Education and the American Bankers Association Private Wealth Management School. In addition to holding the designation of both Certified Trust and Financial Advisor (CTFA) and Certified Financial Planner practitioner (CFP), he also holds Security Licenses Series 7 – General Securities Representative and Series 63 – Uniform Securities Agent, as well as Life, Accident, Health and Property Casualty Insurance Licenses. Larry served as a member of the Pennsylvania Bankers Association Advisory Committee on Financial Planning from 2002 through 2004.
Larry is known to be an exceptionally active member of his community. He was appointed and/or elected to Pike Township Board of Supervisors from 1992 through 2011. He is also an active member and Sunday School teacher of the Rome Presbyterian Church, Past President of Athens Rotary, a member of LeRay Lodge #471 F. & A.M., a member of the Financial Planning Association, and has been a member of the Finance and Investment Committee for the Community Foundation for the Twin Tiers since its inception in 2002.
SVP / Regional Wealth Management Executive
Sam has been with C&N since 2011 and is currently the South Regional Manager of Financial Services. Prior to joining C&N, Sam was a Wealth Manager at Wienken Wealth Management in State College. Sam graduated with honors in business administration from the Whittemore School of Business and Economics at the University of New Hampshire. Sam holds a Series 7 and 66 securities license as well as his insurance license.
Lynne Smith, CPA
AVP / Trust Tax Officer
A Certified Public Accountant working on tax return preparation, tax planning and departmental compliance, Lynne has been in the financial industry for 35 years. For the past seven of those, she’s spent her as part of the C&N family, using her knowledge and expertise to our clients’ advantage. Lynne received her B.S. from Elmira College and is currently a member of the Pennsylvania Institute of Certified Public Accountants. She lives in Wellsboro, PA with her husband, Douglas, with whom she has two sons.
Holly Young, MBA
Wealth Management Compliance Officer
Holly’s role is critical at C&N, as she ensures that our Wealth Management department is operating effectively, efficiently and in compliance with all procedures. This attention to detail helps us to provide unmatched guidance to our clients.
Holly earned a B.S. in Business Administration from Mansfield University and an MBA from Southern New Hampshire University. In her personal time, she is an active member of St. Peters Catholic Church and volunteers her time as the co-director of the Pine Creek Dance Collective.