BOSTON , Oct. 26, 2020 /PRNewswire/ -- For the third consecutive year, The Financial Times has named a Webster Investments retirement plan advisor to FT 401, its annual list of the nation's top retirement plan advisors.
Bert Entwistle , senior vice president and retirement plan advisor for Webster Investments, works out of Webster's Franklin Street office in Boston .
"Experience and knowledge of your client's needs are what matter most in this industry," said John Olerio , senior vice president and director of Webster Investments. "Bert has distinguished himself among his peers because of his exceptional ability to provide both specialized attention and a comprehensive approach that covers all areas of our clients' financial lives."
Entwistle has more than 20 years of experience striving to improve the retirement readiness of business employees. Acting as an extension of a plan sponsor's retirement committee, he provides fiduciary-level investment monitoring, expedited investment policy statement preparation assistance, education services for plan committees and support in managing vendor relationships. He joined Webster in 2013 as a vice president and retirement plan advisor after having worked for J.P. Morgan Securities.
Entwistle, who served in the U.S. Army Reserves, earned a bachelor's degree in political science from Boston College .
This is the sixth annual FT 401 list, produced independently by the Financial Times in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on investment management. Financial advisers from across the U.S. applied for consideration, having met a set minimum of requirements.
The final FT 401 represents an impressive cohort of elite advisers: the "average" adviser in this year's FT 401 has over 22 years of experience advising defined contribution (DC) plans and manages $1.6 billion in DC plan assets. The FT 401 advisers hail from 40 states and Washington, D.C.
The Financial Times 401 Top Retirement Advisors is an independent listing produced annually by the Financial Times ( October 2019 ). The FT 401 is based on data gathered from advisors, regulatory disclosures, and the FT's research. The listing reflects each advisor's status in six primary areas: DC plan assets under management (AUM), DC AUM growth rate, specialization in DC plans, years of experience, advanced industry credentials and compliance record. This honor is not indicative of the advisor's future performance. Neither the advisors nor their parent firms pay a fee to the Financial Times in exchange for inclusion in the FT 401.
***
About Webster
Webster Financial Corporation is the holding company for Webster Bank , National Association and its HSA Bank division. With $28.9 billion in assets, Webster provides business and consumer banking , mortgage , financial planning , trust , and investment services through 157 banking centers and 308 ATMs. Webster also provides mobile and online banking . Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank , which provides health savings account trustee and administrative services. Webster Bank is a member of the FDIC and an 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 .
Awarded to financial advisors advising at least $50 million in defined contribution (DC) plan assets where DC plans represent at least 20% of total AUM. Graded on several criteria, including growth in DC plans and assets, plan participation rates, experience and industry certifications, and compliance record.
Securities and insurance offered through LPL or its affiliates are:
|
Not Insured by FDIC or Any Other
Government Agency
|
Not Bank
Guaranteed
|
Not Bank Deposits or
Obligations
|
May Lose
Value
|
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Webster Bank and Webster Investments are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Webster Investments, and may also be employees of Webster Bank . These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Webster Bank or Webster Investments.
Media Contact:
Kelly Raskauskas , 203-578-2402
kraskaukas@websterbank.com
View original content to download multimedia: http://www.prnewswire.com/news-releases/webster-investments-svp-named-among-top-retirement-advisors-301159866.html
SOURCE Webster Bank