Fifth Third Wealth Advisors, a registered funding advisor launched by Fifth Third Financial institution in 2022, has added a staff of three advisors who managed $2 billion at TIAA-CREF.
Advisors Scott Bailey, Scott Cislo and Murray Kinlaw have joined Fifth Third Wealth Advisors as managing administrators. Kinlaw and Cislo will probably be based mostly out of the brand new Charlotte, N.C., workplace, whereas Bailey is situated in St. Louis, Mo.
The RIA, which surpassed $2 billion in property below administration in September, now has 9 advisor groups in eight states. That features workplaces in Naples and Tampa, Fla.; Springfield, Ailing.; Westchester, N.Y.; Pittsburgh; Dallas; and Atlanta.
“At FTWA, we consider we provide the look, really feel, and agility of an unbiased boutique, supported by a top-performing regional financial institution,” Eric Housman, president of Fifth Third Wealth Advisors, stated in an announcement. “We permit our groups to dedicate extra time to shoppers and strengthen shopper relationships. We look ahead to persevering with our progress story.”
Fifth Third Financial institution launched the RIA on the finish of 2022, offering its advisors with bodily workplace area, an funding platform, expertise and operational assist. The financial institution tapped Housman, a former managing director of Fifth Third Non-public Financial institution’s MidAtlantic Area, to steer the RIA.
Advisors additionally get entry to belief powers, credit score and planning by the financial institution. The agency makes use of Constancy for custody.
