High net worth, high net worth and ultra high net worth individuals, families and business owners will benefit from Truist’s planning-centric service model
CHARLOTTE, North Carolina and CHICAGO, June 13, 2022 /PRNewswire/ — Truist Wealth today announced that it has entered Chicago with a team of 10 people made up of wealth management professionals. The third largest US market, Chicago presents a significant opportunity for Truist Wealth as it continues to expand into key metropolitan markets across the United States
Truist Wealth, the wealth management division of Truist Financial Corporation (NYSE: TFC), provides financial planning, investment management, banking, risk management and other solutions to individuals, families and high net worth, high net worth and ultra high net worth business owners. By entering ChicagoTruist Wealth now serves nine of the 10 largest metropolitan markets in the United States
“Disciplined expansion will help us achieve our strategic objectives, and our Chicago brings a combination of private banking, brokerage and trust experience that will help Truist Wealth grow and win in this market,” said Joseph M. Thompson, Chief Wealth Officer at Truist Financial Corporation. “I am confident that the team’s track record, combined with our planning-centric service model and our commitment to inspiring and creating better lives and communities, will position Truist Wealth for success.”
The expansion of Truist Wealth in Chicago completes Truist Securities, the full-service merchant and investment banking arm of Truist. Together, these teams can provide business lifecycle consulting solutions that can meet a business owner’s professional and personal financial needs.
Truist Wealth office is located at 227 West Monroe downtown Chicago and the team includes:
- Martin Babbowealth advisor
- Alexandre BenassiFinancial Advisor
- Jan-Peter Breugelmans, Senior Wealth Advisor
- Frank Carbonararegional general manager
- Megan DuleyCustomer Service Associate
- Michael KatzGeneral director
- Colleen McCafferyGeneral director
- Brian Roganwealth advisor
- Laura Sheehansenior trust advisor
- Chris Smulskysenior wealth advisor
“Truist is a goal-oriented financial services company that empowers our team to care for our clients and help them achieve their goals,” Carbonara said. “We look forward to introducing Truist Wealth to individuals, families and business owners throughout the Chicagoland area.”
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Truist holds a dominant market share in many high-growth markets nationwide. The company offers a wide range of services, including retail, small business and corporate banking; asset Management; capital markets; commercial real estate; corporate and institutional banking; Insurance; mortgage; Payments; specialized loans; and wealth management. Based at Charlotte, North Carolina, Truist is a top 10 U.S. commercial bank with total assets of $544 billion of the March 31, 2022. Truist Bank, Member FDIC. Learn more about Truist.com.
Banking products and services, including loans, deposit accounts, trust and investment management services provided by Truist Bank, Member FDIC. Securities, brokerage accounts, insurance/annuities offered by Truist Investment Services, Inc. member FINRA, SIPC and a licensed insurance agency, where applicable. Life insurance products offered on the recommendation of Truist Insurance Holdings, Inc. and its affiliates. Investment advisory services offered by Truist Advisory Services, Inc., Sterling Capital Management, LLC and affiliated SEC-registered investment advisers. Sterling Capital Funds is advised by Sterling Capital Management, LLC.
SOURCE Truist Financial Corporation