Webster Financial : Banker Earns Top Program Managers Award
July 02, 2015 at 11:00 am EDT
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Sarah Barr, 203-578-2287 sbarr@websterbank.com
Webster Banker Earns Top Program Managers Award
WATERBURY, Conn., July 2, 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 John Olerio, senior vice president, sales manager, Webster Investment Services received the Top Program Manageraward from Bank Investment Consultant (BIC), a leading financial service industry magazine.
Olerio, who has been with Webster since 1997, was ranked number 15 in the country. The ranking is based upon the following variables: 1) total team assets under management; 2) annual growth in team assets; 3) annual increase in team production; 4) average production per advisor; 5) number of full-time advisors on the team directly overseen by the manager; and 6) number of LBEs on the team.
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 $23 billion in assets, Webster provides business and consumer banking, mortgages, private banking, trust and investment services through 165 banking offices; 314 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.com or follow us on LinkedIn http://linkedin.com/company/webster-bank and 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.
WEBSTER FINANCIAL CORPORATION 
