Citizens Financial Group announced that it is welcoming a new team of seasoned wealth advisors, led by Stephen LaForte and Jonathan Soto, as part of its ongoing strategy to accelerate wealth capabilities in key markets across the U.S. Based in Boca Raton, these senior advisors bring more than four decades of combined experience in wealth management and previously managed approximately $600 million in client assets. They specialize in customized wealth management solutions for high-net-worth and ultra-high-net-worth individuals, families, and businesses.
Citizens Private Wealth provides clients and their families financial planning, investment management, deposits and lending, estate and trust planning, insurance and asset protection solutions, and tax planning and preparation. And they work closely with Citizens Private Bank to help ultra-high-net-worth clients, their families and businesses simplify their personal and professional financial lives with integrated wealth management and banking.
Citizens is committed to recruiting top talent who can deliver best-in-market client service in key geographies such as Florida, where it recently opened a Private Banking office in Palm Beach and it hired a Commercial Banking leader to support its growing presence throughout the state. And last spring, Citizens Private Wealth added top-ranked wealth teams in the San Francisco and Boston markets.
KEY QUOTES:
“The addition of nationally recognized wealth advisors in Boca Raton will bring tremendous momentum to Citizens Private Wealth’s growth in the greater South Florida market. Stephen and Jonathan are dedicated to building trusting and long-lasting client relationships, and I am confident they will help advance our mission by providing the highest level of client service and personalized advice.”
-Paul Casey, Head of Wealth at Citizens
“There’s been a lot of buzz in the market surrounding Citizens Private Wealth and we were immediately intrigued by the opportunity to deepen its presence in South Florida. What attracted us to join Citizens is the ability to grow our business and better provide for our clients rapidly evolving needs thanks to the firm’s strong balance sheet, robust capabilities and best-in-class resources.”
-Jonathan Soto, Managing Director, Citizens Private Wealth
