Fifth Third Wealth Advisors Surpasses $1 Billion in Assets Under Management
March 29 2024 - 8:00AM
Business Wire
In less than 18 months since announcing its launch, Fifth Third
Bank’s independent Registered Investment Advisor, Fifth Third
Wealth Advisors, has exceeded $1 billion in assets under management
(AUM).
“This milestone is a result of the dedication of our teams who
bring the utmost in tailored solutions and service and their
clients who place their trust in us,” said Eric Housman, president
Fifth Third Wealth Advisors.
Fifth Third Wealth Advisors currently has seven teams serving
clients across the country regardless of geographic location. The
national practice looks beyond the traditional Fifth Third regional
boundaries and is not restricted by the Bank’s footprint when
recruiting.
According to Datos Insights U.S. Registered Investment Advisor
Landscape Report, more than 5,000 RIAs serve clients in today’s
wealth markets, but less than 20 percent have more than $750
million in AUM.
Housman says that Fifth Third Wealth Advisors hybrid model
offers advisors the ability to take advantage of Fifth Third Wealth
Advisors’ flexible investment management platform while also
providing access to trust powers, credit and planning through Fifth
Third. Complete back-office support and dedicated onboarding
resources provide advisors with a seamless transition.
“We believe we offer the look, feel and nimbleness of an
independent boutique backed by a top-performing regional bank. We
give our teams more time to focus on clients and deepening client
relationships,” he added.
Learn more about Fifth Third Wealth Advisors at FTWA.com or
follow on LinkedIn.
About Fifth Third
Fifth Third is a bank that’s as long on innovation as it is on
history. Since 1858, we’ve been helping individuals, families,
businesses and communities grow through smart financial services
that improve lives. Our list of firsts is extensive, and it’s one
that continues to expand as we explore the intersection of
tech-driven innovation, dedicated people and focused community
impact. Fifth Third is one of the few U.S.-based banks to have been
named among Ethisphere’s World’s Most Ethical Companies® for
several years. With a commitment to taking care of our customers,
employees, communities and shareholders, our goal is not only to be
the nation’s highest performing regional bank, but to be the bank
people most value and trust.
Fifth Third Bank, National Association, is a federally chartered
institution. Fifth Third Bancorp is the indirect parent company of
Fifth Third Bank, and its common stock is traded on the NASDAQ®
Global Select Market under the symbol "FITB." Investor information
and press releases can be viewed at www.53.com.
Fifth Third Wealth Advisors LLC is an investment adviser
registered with the Securities and Exchange Commission (SEC) under
the Investment Advisers Act of 1940. Registration as an investment
adviser does not imply any level of skill or training. Additional
information about Fifth Third Wealth Advisors LLC is available on
the SEC’s website at www.adviserinfo.sec.gov.
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Adrienne Gutbier (Media Relations) adrienne.gutbier@53.com |
513-534-8038 Matt Curoe (Investor Relations) matt.curoe@53.com |
513-534-2345
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