Business Insurance

Infinex Financial Group located at Watertown Savings Bank

For many business owners, the viability of their business depends on a select few individuals. They may be the owners of the business, or they may be employees with critical technical ability, unique client and sales skills, or a specialized practice. If such a person were to die, the business might suffer disruptions in management, delayed product launches, loss of earnings and customers, and credit issues.

Following an unexpected death, a Key Person Protection Program offers a death benefit to help keep the business afloat. This is particularly important for businesses with strong entrepreneurial owners, skilled professionals, or specialty products or services.

Additionally, we offer you general business planning services that can help you protect your business and secure your future. From knowing the value of your business to having a Buy-Sell Agreement. The economy, changes in tax law, and changes in owners/employees can each impact the financial wellbeing of your business, so it is important to be aware of best practices to protect it.

Infinex Financial Group Located at Watertown Savings Bank

Watertown Savings Bank offers access to investment services through Infinex Financial Group. Infinex Financial Group is the largest provider of investment and insurance products and services for community banks. Created over 20 years ago by community banks, Infinex works primarily with community banks and specializes in stocks, bonds, mutual funds, and insurance service for bank customers.

Through Infinex Financial Group, individuals and families receive an unbiased and objective resource to modify or design a financial portfolio, setup a retirement plan or identity insurance needs.

The Infinex office is located at the Watertown Savings Bank headquarters: 60 Main Street, Watertown, MA.

Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA /SIPC. Infinex and the bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of, nor guaranteed or insured by, any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.

Estate planning is an important step to ensure your loved ones are provided for in the best possible way after you pass away. As part of your estate planning, you will need to identify who will receive financial support and how your assets will be distributed. Typically, estate planning is carried out through wills and trusts, and can require the participation and coordination of a lawyer and financial advisor.

*We do not provide legal or tax advice. Consult your legal and/or tax advisor.

When you change jobs, you may have a couple of options regarding your company's retirement saving plans such as 401k plans. Whether you keep it at your former employers, roll it over into an IRA or your new employer's retirement plan, or receive it directly, it is important you understand the implications of each option. It is also an opportunity to discuss with a Financial Advisor your options to continue saving for your retirement.

Long-term care is not just provided in nursing homes--in fact, the most common type of long-term care is home-based care. Long-term care services may also be provided in a variety of other settings, such as assisted living facilities and adult day care centers. These are costly resources that should be planned for. There are different options to consider when planning for long term care including insurance and annuities. There are a number of financial implications of these various options to cover long term care expenses. To make the right decision based on your projected needs and financial situation, it could be worthwhile sitting with a professional to discuss long-term care planning further.

If you are interested in investment planning, then a good start is to assess your money management approach: from tracking your expenses, to identifying sources of potential savings and income. It is also important to evaluate your short-, medium-, and long-term goals as well as your risk exposure you would fee comfortable with. Meeting with a Financial Advisor can help you walk through questions and options that reflect your investment comfort level.

Testimonials about Watertown Savings Bank

WSB Mobile Banking customer with her kids

Crystal P., Realtor and Mom, Watertown

WSB Customers since 2006

One of the WSB features that I can't go without is the Mobile Banking app. Being a realtor, always being on the go, having two kids, the mobile banking app is so simple and easy to use. I can snap and click to deposit a check. When I shop for my kids for school, I can quickly check my account balance with a touch of a finger. I know it's safe and secure and I don't have to think about it.

Lisa Marie K., The Diner at 11 No. Beacon

WSB Deposit and Mortgage Customer since 2010

We were nervous about buying a house; it's such a huge purchase. But we had such a smooth and easy experience at Watertown Savings Bank. We sat down with the Vice President and just had a conversation. They made us feel so comfortable with the process. Now, I have the most beautiful home I could have ever hoped for! And I thank Watertown Savings Bank for that.

Business Insurance

Infinex Financial Group located at Watertown Savings Bank

Infinex Financial Group Located at Watertown Savings Bank

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Testimonials about Watertown Savings Bank

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