CLEVELAND, April 22, 2020 /PRNewswire/ -- Key Private
Bank, the wealth management division of KeyCorp (NYSE: KEY), today
announced that it is the recipient of the 2019 Fiduciary or Trust
Services Award from Family Wealth Report (FWR).
The FWR awards showcase high-performing providers in the global
private banking, wealth management and trusted advisor communities.
An independent panel of industry experts selected winners who have
demonstrated innovation and excellence during 2019. Key Private
Bank was selected as a winner for its "high-touch integrated
delivery model and service-oriented culture."
In recent years, Key Private Bank further deepened client
relationships with its enhanced Trust/Fiduciary services—bolstering
its Trust Real Estate, Trust Tax, Estate Settlement, Irrevocable
Life Insurance Trusts, Post-Mortem Administration and Non-Profit
service offerings.
"We are honored to be recognized by Family Wealth Report for our
fiduciary and trust services," said Joe
Calabrese, National Head of Investment, Fiduciary and
Banking Services at Key Private Bank. "Delivering best-in-class
client advice and solutions is paramount to all that we do, and
this distinct honor highlights our commitment to doing what is in
the best interest of our clients in every decision we make."
"Key Private Bank has a long-established culture of delivering
exceptional wealth management and advisory services to its clients,
and we're thrilled that this business is being acknowledged by the
industry," added Terry Jenkins,
President of Key Private Bank.
Key Private Bank'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 leverage the broad capabilities of the bank 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 $40.8 billion in AUM and $43.0 billion in AUA at December 31, 2019.
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 $156.2
billion at March 31, 2020. Key
provides deposit, lending, cash management, and investment services
to individuals and businesses in 15 states under the name KeyBank
National Association through a network of approximately 1,100
branches and more than 1,400 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.
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SOURCE KeyCorp