CLEVELAND, Oct. 12, 2017 /PRNewswire/ -- Key Private
Bank, the wealth management division of KeyCorp (NYSE:KEY), today
announced it has received the Wealth Management "Family
Office – Client Initiative" Industry Award, as determined by a
panel of industry-leading judges representing
WealthManagement.com.
This distinct honor recognizes outstanding achievement in the
wealth management industry, as well as the new initiatives offered
by Key Family Wealth, the family office arm of Key Private Bank, to
enhance the family office client experience, including Family
Wealth Consulting, Business Value Optimization, Legacy Planning,
Family Education, Private Foundation and Accounting Support
services.
"We are honored to be recognized by WealthManagement.com
for our innovations in new, client focused offerings that help our
largest and most complex families," said Terry Jenkins, president of Key Private Bank.
"Key Family Wealth has a long-established culture of delivering
exceptional wealth management and advisory services to families,
and we're thrilled that this business is being acknowledged by the
industry."
The judging process consisted of a panel of private banking
sector experts, including trusted advisors and consultants. Success
is based on quantitative measures, including the initiative's scope
and scale, as well as qualitative measures, such as innovation and
creativity.
"Being recognized for our family office initiatives showcases
our commitment to providing industry-leading service to families.
Our strategies are developed through a multi-generational lens that
reinforces family values and focuses on the long-term protection
and preservation of wealth. We look forward to growing and
enhancing our service offerings further in 2018," said Gary Poth, head of Key Family Wealth.
Key Family Wealth's mission is to deliver proactive,
personalized expertise and advice by combining the market insights
of local advisors with a national team of wealth and investment
strategists. Advisors may also leverage partnerships with business
banking and capital markets teams to build customized wealth plans
tailored to meet each client's specific need.
About Key Private Bank
Key Private Bank is a leading
provider of wealth management solutions and advice for high-net
worth and ultra-high-net worth clients, including wealth advisory,
investment management, trust administration, customized credit,
family office and private banking services. Key's wealth management
platform combines the market insights of local advisors with a
national team of wealth and investment strategists to deliver
proactive and personalized advice and expertise to clients.
Advisors also leverage partnerships with Key's business banking and
capital markets teams to build wealth plans tailored to meet each
client's specific need. Key Private Bank's wealth management
platform is delivered across 15 of the
United States. Key Private Bank has $38.7 billion in AUM and $35.7 billion in AUA at September 30, 2017.
About KeyCorp
KeyCorp's roots trace back 190 years to
Albany, New York. Headquartered in
Cleveland, Ohio, Key is one of the
nation's largest bank-based financial services companies, with
assets of approximately $135.8
billion at June 30, 2017. Key
provides deposit, lending, cash management, insurance, and
investment services to individuals and businesses in 15 states
under the name KeyBank National Association through a network of
more than 1,200 branches and more than 1,500 ATMs. Key also
provides a broad range of sophisticated corporate and investment
banking products, such as merger and acquisition advice, public and
private debt and equity, syndications and derivatives to middle
market companies in selected industries throughout the United States under the KeyBanc Capital
Markets trade name. For more information, visit
https://www.key.com/. KeyBank is Member FDIC.
View original content with
multimedia:http://www.prnewswire.com/news-releases/key-private-bank-wins-2017-wealth-management-award-for-outstanding-achievement-in-family-office-client-initiative-300535607.html
SOURCE KeyCorp