Ann Arbor Bancorp has appointed investment management (IM) specialist Bernard Bedell to head First Arbor Advisors. He will serve as senior vice president in the new role.

Bedell left his role as senior vice president/senior investment officer at Bank of Ann Arbor to set up the new division. The new unit is geared to individuals with portfolios worth at least $100,000.

Click here for the release from Ann Arbor.