F.N.B. Corporation has launched F.N.B. Private Family Wealth, a new unit providing expanded wealth management services for ultra-high-net-worth clients. The unit will offer investment management, alternative assets, wealth preservation, intergenerational transfer, tax planning, succession matters, and advisory work through FNB's Investment Banking division, as well as access to private banking, mortgage, insurance, and digital banking tools. Benjamin Ciocco has been appointed director of family wealth and fiduciary services, and Frank Aloi has been named chief market strategist for family wealth. F.N.B. Corporation has total assets of $51 billion and operates more than 355 banking offices.
F.N.B. CorpLaunch of new wealth management unit for ultra-high-net-worth clients expands services and revenue opportunities.
