Webster Financial Soars as Compass Wealth Management Takes Top Spot with $31.8 Million Stake

Compass Wealth Management has acquired 96,518 shares of Webster Financial for $31.8 million, making it the fund's largest holding at 7.1% of reported AUM. Webster Financial's revenue increased to $732.6 million in Q3, up from $647.6 million in 2024. The company's diversified business model and stable revenue streams make it a promising investment opportunity.