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People's United Bank Adds Five-Strong Wealth Management Team In Connecticut

Eliane Chavagnon

1 April 2014

People's United Bank has added a team of five from Webster Private Bank to its wealth management group in Hartford, serving clients in central and eastern Connecticut.

The team is led by David Dixon, senior vice president of wealth management at People's United. He was latterly director of Webster Private Bank and wealth management for Webster Financial Corporation.

Dixon's responsibilities include overseeing investment management, trust and financial planning functions, with over 20 years of experience in investment management and banking. Prior to joining Webster, Dixon worked at Harbor Capital Management in Boston, MA.

Charles Olson, director of sales, wealth management, and a senior vice president, has around 25 years of experience in the financial services industry - most recently as director of business development for the wealth management arm of Webster Bank. Prior to joining, he was a senior vice president at Bank of America's Private Bank, as well as chief executive of Phoenix National Trust Company. Other work experience includes senior vice president of national sales for Phoenix Investment Partners, CIGNA and US Trust Company in New York.

Stephen Bright, senior portfolio manager and senior vice president, also has around 25 years of experience in the financial services industry and joins People's United from Webster Private Bank, where he was a portfolio manager. He spent the last 13 years managing portfolios for high net worth individuals and non-profit organizations at Webster, Trust Company of Connecticut and NewAlliance Bank.

Christopher Childs, senior portfolio manager and senior vice president, also has around 25 years of experience in the financial services industry - most recently as a portfolio manager at Webster Private Bank.

Lastly, Robert Maglio, senior portfolio manager and senior vice president, has around 12 years of experience in managing investments for high net worth individuals, families and non-profit institutions. Most recently, he was responsible for the research and coordination of fixed income trading at Webster Private Bank.

People's United Bank is a subsidiary of People's United Financial, a financial services company with $32 billion in assets. People's United Bank  is a community-based regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through 410 locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.