John Schmidt Wins the 2011 Five Star Wealth Manager Award

CHICAGO, Nov. 10, 2011 /PRNewswire/ -- The PrivateBank is proud to announce that John Schmidt, Senior Trust Officer, has been named a top manager in the prestigious 2011 Five Star Wealth Manager Awards.

A distinguished honor, the 2011 Five Star Wealth Manager Award winners were selected by surveying consumers, clients and financial service professionals about their experience with wealth managers. Five Star Professional partnered with Chicago Magazine to determine the wealth managers in the Chicago area who provide exceptional service. The Five Star Professional research team asked survey participants to rate that individual on integrity, customer service, knowledge/expertise, post-sale service, meeting of financial objectives, communication and quality of recommendations.

Schmidt has over 30 years of financial experience and joined The PrivateBank in 2000. He received his bachelor's degree from Illinois State University in Finance, and he holds Certified Trust and Financial Advisor (CTFA) and Certified IRA Services Professional (CISP) designations from the Institute of Certified Bankers.

"To be acknowledged with this award is an honor not only for me, but for The PrivateBank and our entire team," says Schmidt. "We have a singular focus on our clients and are committed to achieving the most positive outcomes through our expertise and collaboration."

The Five Star Wealth Manager Award is given to less than 7 percent of the wealth managers in a selected area. The 2011 award winners from the Chicago area are featured in a special advertising section in the November issue of Chicago magazine.

About The PrivateBank

The PrivateBank is a part of PrivateBancorp, Inc., which through its subsidiaries, delivers customized business and personal financial services to middle-market companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities it serves.  As of September 30, 2011, the company had 34 offices in 10 states and $12.0 billion in assets.  The company's website is www.theprivatebank.com.

SOURCE The PrivateBank