Waterstone Bank announced Friday it will add investment services
to its full suite of existing banking services. In addition, the
bank hired Bill Taylor as its first financial advisor.
The new WaterStone Investment Services will be a division of the
bank dedicated to helping customers manage their investment
dollars, with a focus on understanding their investment risk
tolerance and long-term goals, according to the announcement.
Products and services available and offered through LPL
Financial will include advisory services, stocks, bonds, mutual
funds, annuities, life insurance, financial planning and other
non‐FDIC insured financial solutions.
“WSB is always looking to improve the experience of our
customers in ways that benefit both the customers and the bank,”
said Doug Gordon, president and CEO of WaterStone Bank, in a
statement. “This is an exciting opportunity for us to be able to
offer a more robust financial suite of products and strengthen
the relationships with our customers.”
Taylor has worked in the financial services industry as a
financial advisor for nearly a decade. He began his investment
career with Wells Fargo Advantage Funds, later working for an
independent advisor team in Brookfield and for the investment
Center at FirstMerit Bank.