Waterfield Group | |
Type: | Private |
Industry: | Financial services |
Foundation: | 1928 |
Founder: | Richard H. Waterfield |
Location City: | Fort Wayne, Indiana |
Location Country: | United States |
Area Served: | Worldwide |
Services: | Investment banking Trading & principal investments Asset management |
The Waterfield Group is a financial services holding company that was founded in 1928 by Richard H. Waterfield.[1] [2] [3] J. Randall Waterfield, a former manager at Goldman Sachs and grandson of Richard H. Waterfield, serves as the Waterfield Group’s chairman.[4] As of 2000, the Waterfield Group was the largest privately held mortgage company in the US.[5]
The Waterfield Group sold its mortgage company, Waterfield Mortgage, in December 2006 to Sky Financial Group.[6] In 2010, the Office of Thrift Supervision closed Waterfield Bank, which was majority-owned by the Waterfield Group.[7]