In honor of Juneteenth, Northern Bank branches and the Contact Center will be closed on Thursday, June 19. As always, mobile banking, online banking and our ATM network are available to you 24/7.

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March 19, 2025

Northern Bank Welcomes Dan Connelly as Managing Director of Northern Advisory Services, a division of Northern Bank

Woburn, MA - Northern Bank is thrilled to announce the appointment of Dan Connelly as Managing Director of Northern Advisory Services, a specialized division of Northern Bank. Dan is dedicated to helping businesses transform financial transitions into growth opportunities.

With 25 years of franchise-based transaction experience, Dan will lead Northern Advisory Services' offerings in mergers & acquisitions, recapitalizations, valuation services, exit strategy planning, and restructurings.

"Dan's unique blend of franchise expertise and community banking experience perfectly aligns with our commitment to delivering personalized financial solutions," said Raymond Clark, Northern Bank Chief Lending Officer, EVP. "His ability to understand the complex dynamics of business transitions will help our clients navigate pivotal moments in their business journeys."

At Dunkin', Dan managed the corporate real estate portfolio and franchisee network sales process while spearheading the acquisition of multiple independent coffee brands. His deep roots in community banking have shaped his collaborative approach to client relationships, having led over 100 transactions across 24 states with aggregate values exceeding $1 billion for major franchise brands including Dunkin', Wendy's, 5 Guys, and Popeyes. His industry-recognized expertise has made him a recurring recipient of the Franchise Times Dealmaker of the Year Award.

"Joining Northern Bank feels like coming home," said Dan Connelly. "Their genuine commitment to understanding each client's unique story perfectly matches my own philosophy. I'm excited to help businesses reimagine what's possible for their future."

Northern Advisory Services will focus on building deep, consultative relationships with business owners facing significant transitions, creating customized strategies that address both the financial and human elements of business evolution.

For information focused on franchises and SBA lending, download our information sheet here.

To schedule a consultation, contact Dan at DConnelly@nbtc.com or 617-784-7866. 

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About Northern Bank & Trust Company

Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of $3.22 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender.

 

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