Webster Investment's Sales Manager Named to National Advisor Inclusion Council

Rhea-AI Summary

Webster Bank announced that David Coppola, senior vice president and regional sales manager at Webster Investments, has been appointed to the Advisor Inclusion Council of LPL Financial. This council, formed in 2018, aims to enhance diversity and inclusion in the financial advisory sector. Coppola’s role will involve providing guidance to LPL leaders on inclusive business practices. The statement emphasized Webster's commitment to diversity, with support from LPL to attract a broader advisor base and improve advisory services for diverse investor markets.

Positive

• David Coppola's appointment to Advisor Inclusion Council may enhance Webster's brand reputation.
• The focus on diversity and inclusion could attract new clients and advisors to Webster Investments.

Negative

• None.

WATERBURY, Conn., Sept. 17, 2020 /PRNewswire/ -- Webster Bank is pleased to announce David Coppola, senior vice president, regional sales manager, Webster Investments, has been named to the Advisor Inclusion Council of LPL Financial LLC, a leading retail investment advisory firm and independent broker-dealer.

The council, established in 2018, includes 20 diverse representatives from financial firms and institutions across the country, along with LPL leaders.

"At Webster, our commitment to diversity, equity and inclusion is integrated into everything we do," said John Olerio, senior vice president, director, Webster Investments. "Recognizing individuality, fostering personal and professional growth and providing robust cultural awareness and education opportunities builds a strong foundation for our organization. We know David will bring a wealth of knowledge and experience to this important council."

Coppola, a Middlebury, Conn. resident, leads a team of financial consultants and associates, counseling them on customized strategies that align with each client's personal and financial goals.

As a member of the LPL Advisor Inclusion Council, he will provide critical guidance to LPL leaders, informing the development of inclusive business practices that support advisors in their mission to take care of their clients. Members' feedback has been integrated into several new programs and events to help attract more advisors to LPL to reflect the changing marketplace, assist advisors in growing their businesses by engaging new investor markets and create inclusive advisor support systems.

Kathleen Zemaitis, LPL senior vice president, head of Advisor Diversity and Inclusion, said, "We are honored to welcome this group of dynamic advisors who are committed to collaborating with us to drive meaningful change at LPL."

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. 

About Webster
Webster Financial Corporation is the holding company for Webster Bank, National Association and its HSA Bank division. With $32.7 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 156 banking centers and 301 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.

Media Contact:	Investor Contact:
Alice Ferreira, 203-578-2610	Terry Mangan, 203-578-2318
acferreira@websterbank.com	tmangan@websterbank.com

 

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SOURCE Webster Bank

FAQ

What is the Advisor Inclusion Council at LPL Financial?

The Advisor Inclusion Council at LPL Financial is a group that aims to improve diversity and inclusion within the financial advisory industry.

Who is David Coppola in relation to Webster Bank?

David Coppola is the senior vice president and regional sales manager at Webster Investments.

When was David Coppola appointed to the Advisor Inclusion Council?

David Coppola was appointed to the Advisor Inclusion Council on September 17, 2020.

What does Webster Bank emphasize in its business practices?

Webster Bank emphasizes diversity, equity, and inclusion in its operations and culture.

How might David Coppola's role influence Webster Investments?

Coppola's role may lead to the development of inclusive business practices and attract diverse investors.