Webster Financial : Two Webster Bank SVPs Recognized as Top 25 Bank Advisors
March 12, 2015 at 06:32 pm
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Sarah Barr, 203-578-2287 sbarr@websterbank.com
Two Webster Bank SVPs Recognized as Top 25 Bank Advisors
WATERBURY, Conn., March 12, 2015- Webster Bankand LPL FinancialLLC, the nation's largest independent broker-dealer, an RIA custodian, and a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), today announced that two Financial Consultants at Webster Investment Services have been named as the nation's Top 25 Bank Advisors by Profitability for 2014 by Bank Investment Consultant (BIC). These honors go out to Cynthia Giovacchino, Sr. Vice President, Sr. Financial Consultant for Webster Investment Services (WIS), and Raymond Beloin, CFP, Sr. Vice President, Sr. Financial Consultant for WIS.
"We are pleased to congratulate Cynthia and Ray on this significant accomplishment of being two of the best advisors in our industry," said WIS President, Tom Howe. "Both of them are a credit to their team, and strong examples of how Webster Investment Services Financial Consultants are dedicated to what matters most as they address client and prospect needs."
Giovacchino joined Webster in 1986. A life-long resident of Oxford, Conn., she lives up to the communities
she serves by being active in her children's sports activities.
Since joining Webster in 1996, Beloin has been busy outside of banking as well. He is involved in youth sports in Avon, Conn., where he resides, and is an active supporter of the local Boys and Girls Club and the United Way.
Read the entire BIC list. Bank Investment Consultant is a leading financial service industry magazine and the annual Top 25 Bank Advisors list recognizes a distinguished group of bank and credit union advisors from throughout the country who have excelled in a number of key areas, including 2014 assets under management (AUM); percentage change in AUM from the prior year; trailing 12-month production; percentage growth in production; amount of fee-based business; and the ratio of production to AUM.
Webster Bank, a leading regional bank serving businesses and consumers in the northeast, is supported by LPL Financial Institution Services, a provider of comprehensive third-party brokerage and wealth management services to the investment programs of banks and credit unions throughout the nation.
Securities offered through LPL Financial, member FINRA/SIPC. Insurance products offered through LPL Financial or its licenses affiliates, Webster Bank, is not registered broker/dealers are not affiliated with LPL Financial. The investment products sold through LPL Financial are not insured by Webster Bank deposits and are not FDIC insured. These products are not obligations of Webster Bank and are not endorsed, recommended or guaranteed by Webster Bank or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.
About Webster
Webster Financial Corporation (NYSE: WBS) is the holding company for Webster Bank, N.A. With $22.5 billion in assets, Webster provides business and consumer banking, mortgages, private banking, trust and investment services through 164 banking offices; 313 ATMs; telephone banking; mobile banking; and the Internet. Webster Bank owns the asset based lending firm Webster Business Credit Corporation ; the
equipment finance firm Webster Capital Finance Corporation; and provides health savings account trustee and administrative services
through HSA Bank, a division of Webster Bank. Member FDIC and equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.comor follow us on LinkedIn http://linkedin.com/company/webster-bankand Twitter https://twitter.com/WebsterBank.
Webster Financial Corporation is the holding company for Webster Bank, N.A. and its HSA Bank division. The Company's segments include Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment serves businesses with more than two million dollars of revenue through its commercial real estate and equipment finance, business banking, asset-based lending and commercial services, private banking, treasury management and other business units. The HSA Bank segment offers a comprehensive consumer-directed employee benefit and healthcare solution that includes health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter benefits. The Consumer Banking segment operates a distribution network, throughout southern New England and the New York metro and suburban markets, that comprises approximately 198 banking centers and 349 automated teller machines, a customer care center and a full range of Web and mobile-based banking services.