Wellesley Bank and its subsidiary Wellesley Investment Partners have appointed William Cadigan as President of Wellesley Investment Partners, LLC (WIP).

Cadigan brings 35 years of experience in investment management to WIP. Earlier in his career he was senior vice president at Smith Barney in the Dallas, Chicago and New York City offices. He was later appointed the global head of the private client services group for Credit Suisse First Boston.

Cadigan also founded Cadigan Capital Management, LLC, managing investment portfolios for high net worth individuals.

"Bill is an accomplished investment management professional who has the ideal background to lead our growing team of investment professionals," said WIP Chairman Thomas Fontaine in a prepared statement. "We look forward to his efforts to expand our client base, strengthen the firm’s offerings and further our extraordinary client service experience."

Cadigan is a graduate of Amherst College and resides with his family in Wellesley.