Wellesley Investment Partners further enhances investment management capabilities with two new executives
Wellesley Investment Partners, a wholly owned subsidiary of Wellesley Bank, is pleased to announce the addition of Richard Sipley and Jeffrey Oberg to their expanding team.
Richard Sipley has joined the firm as Chief Investment Officer. Rich has nearly 20 years of investment management experience and most recently served as Senior Vice President and Portfolio Manager at Boston Private Bank where he led the Dividend Growth Equity team. Prior to Boston Private Bank, Rich was a Portfolio Manager at Dempsey & Company where he employed long/short, arbitrage and other investment strategies designed to adjust to market conditions. Rich has his BA from Miami University and his MBA from Kellogg School of Management at Northwestern University.
Also joining the firm as Managing Director and Chief Operating Officer is Jeffrey Oberg. Jeff has over 30 years of investment management and investment banking experience and most recently served as Managing Director and Member of the Global Markets Strategy Council at Windhaven Investment Management. Prior to Windhaven, Jeff spent over 10 years at Goldman Sachs in the Private Wealth Management Division. Jeff has his BA from Colgate University and an MBA from the Amos Tuck School at Dartmouth.
“We are delighted to be able to continue to attract such an outstanding roster of high quality professionals like Rich and Jeff to our firm,” noted Louis Crosier, President of Wellesley Investment Partners. “We had a tremendous opportunity to add these seasoned executives who are well versed in delivering and managing a full range of wealth management products and services, and we felt it would be in the best interest of our clients to do so.” added Crosier.
Wellesley Investment Partners is a Registered Investment Advisor that manages portfolios for high net worth families, retirement plans, foundations, and trusts.
Wellesley Bank provides comprehensive premier banking and wealth management services to successful people, families, businesses and non-profit organizations. The company’s team of highly experienced and knowledgeable bankers and investment professionals provides exceptional personalized services and trusted advice to its clients.
Wellesley Bank and its wholly owned wealth management company, Wellesley Investment Partners, LLC are subsidiaries of Wellesley Bancorp, Inc. (NASDAQ:WEBK).