Wellesley Investment Partners, a wholly-owned subsidiary of Wellesley Bank, has named Louis Crosier as president.

Wellesley Investment Partners, a wholly-owned subsidiary of Wellesley Bank, has named Louis Crosier as president.

It is unclear whether the role of president is new or if Crosier replaces anyone.

Crosier was most recently a senior managing director at Windhaven Investment Management, a subsidiary of Charles Schwab. Prior to Windhaven, he was managing principal of Windward Investment Management. Schwab acquired the company’s assets and intellectual property in 2010. Earlier still, he was a vice president in the wealth management division of Goldman Sachs.

Wellesley Investment Partners is a registered investment advisor that manages portfolios for high net worth individuals, retirement plans, foundations and trusts.