CLEVELAND, May 16, 2016 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced that Joe Calabrese has joined the bank as National Head of Investments for Key Private Bank. Mr. Calabrese will be responsible for the development and execution of Key's private client and institutional investment strategy, which includes a full range of investment management services for affluent individuals, families, business owners and institutions. He will be based in New York City, and report to Terry Jenkins, President, Key Private Bank.
Mr. Calabrese most recently served as President and CEO, Geller Family Office Services, a New York-based RIA and multi-family office. Previously he served as President of Harris myCFO, focused on serving clients with a net worth in excess of $100 million.
"Our clients will benefit from Joe's extensive wealth management and family office experience, which will both broaden and deepen the services we offer," said Terry Jenkins, President of Key Private Bank. "He is an accomplished leader with a proven track record for building high performing and client-focused teams, improving investment and operating performance, and increasing brand value and marketplace visibility."
Mr. Calabrese graduated from McGill University in Montreal with a joint honors degree in economics and finance, has a Chartered Accountant designation and has been actively involved with community boards.
About Key Private Bank
Key Private Bank is a leading provider of wealth management solutions and advice to 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 advisors located in each local market with a national team of wealth and investment strategists to deliver proactive and personalized advice to clients. Advisors also partner with Key's business banking and capital markets teams to better serve entrepreneurs and executives of privately and publicly owned companies. Key Private Bank's wealth management platform is delivered by nearly 300 wealth advisors, located in 44 offices in 13 states across the United States. Key currently has $34.1 billion in AUM and $35 billion in AUA.
KeyCorp was organized more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based financial services companies, Key has assets of approximately $98.4 billion, as of March 31, 2016. Key provides deposit, lending, cash management and investment services to individuals, small and medium-sized businesses under the name of KeyBank National Association. 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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