Webster Financial in Waterbury, Conn., has changed the name of its wealth planning unit.
The $22 billion-asset company said in a press release Friday that it had rebranded its Fleming, Perry & Cox unit as Webster Wealth Advisors. Webster has owned the unit since 2002.
"The group's mission remains unchanged," Dan FitzPatrick, head of Webster Private Bank, said in the release. "This name change is just the external manifestation of the team's integration with our Private Banking offering. We believe financial planning will be a key factor in meeting our aggressive growth objectives."
There will be no changes to the makeup of the investment team or its services. The unit recently moved from Stamford, Conn., to an office in nearby Wilton, Conn.