CLEVELAND, Sept. 13, 2019 /PRNewswire/ -- Key Private
Bank, the wealth management division of KeyCorp (NYSE: KEY), today
announced it has received the 2019 Wealth Management "Trust"
Industry Award, as determined by a panel of industry-leading judges
representing WealthManagement.com.
The WealthManagement.com Industry Awards acknowledges firms
bringing new innovations to market that help financial advisors
deliver quality client solutions and service. Winners were selected
from more than 650 entries received from 262 companies.
The "Trust" Industry Award recognizes the best trust and
fiduciary initiative, program or platform in wealth management.
Criteria includes both quantitative and quantitative measures that
enhance the family office client experience.
"Our team of advisors work with large complex families to
provide them with impactful fiduciary advice and trust services
that aligns with their comprehensive financial plans," said
Joe Calabrese, head of investments,
trust and fiduciary services at Key Private Bank "We are honored to
be recognized by WealthManagement.com for the enhancements to our
fiduciary and trust services implemented over the past 18
months."
A panel of independent wealth management industry experts,
including trusted advisors and consultants served as judges for the
awards. The judging process is based on and evaluation of
quantitative measures, including the initiative's scope and scale,
as well as qualitative measures, such as innovation and
creativity.
"Being recognized for our enhanced family office fiduciary and
trust initiatives showcases our commitment to providing
industry-leading advice and services to families," said
Gary Poth, head of Key Family
Wealth. "Our strategies are developed through a multi-generational
lens that reinforces family values and focuses on the long-term
protection and preservation of 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.
To learn more about the basics on trusts visit:
https://www.key.com/kpb/our-insights/articles/eps-trusts.jsp
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 $38.9 billion in AUM
and $44.4 billion in AUA at
June 30, 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 $144.5
billion at June 30, 2019. 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 over 1,100 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.
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SOURCE KeyCorp