ATLANTA, April 5, 2017 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) today announces it has established new Private Wealth Management offices in Houston and Dallas. Karen Dixon, a 30-year veteran of the banking industry, has joined SunTrust to lead the Texas division. In addition to Dixon, seven other wealth management professionals have joined SunTrust Private Wealth Management in Texas.
By entering the Houston and Dallas markets, SunTrust Private Wealth Management has the opportunity to help affluent families and institutional clients with their complex financial needs. SunTrust Private Wealth Management will also work closely with SunTrust Robinson Humphrey ("STRH") teams already located in the region to provide an array of corporate and investment banking solutions for corporate clients.
"Houston and Dallas each have affluent families and vibrant business communities that we can serve in private wealth management as well as corporate and investment banking through STRH," said Joe Thompson, head of SunTrust Private Wealth Management. "Under Karen's leadership, the SunTrust team will deliver on our purpose of Lighting the Way to Financial Well-Being for individuals and families, whether they are planning for retirement, preparing the next generation to inherit wealth or leaving a legacy for their community."
"SunTrust Robinson Humphrey has seen much success in partnering with our clients across the southwest to develop strategies that drive smart growth for their companies," said John Gregg, chairman, president and CEO of STRH. "This added capability will allow us to further our relationships with clients, delivering tailored solutions to help them achieve their business and personal financial goals."
Previously, Dixon was executive vice president and Houston market executive for BBVA Compass Global Wealth. Prior to BBVA Compass, Dixon served as principal and co-founder of Caprock Capital Advisors; she began her banking career with Bank of America, including serving nine years in the company's private bank.
For more information about SunTrust Private Wealth Management, visit www.suntrust.com/wealth-management.
About SunTrust Banks, Inc.
SunTrust Banks, Inc. is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. Headquartered in Atlanta, SunTrust operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate, and institutional clients nationally. As of December 31, 2016, SunTrust had total assets of $205 billion and total deposits of $160 billion. The company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Join the movement at onUp.com.
Karen Dixon, Registered Representative, SunTrust Investment Services, Inc. Joe Thompson, President/CEO SunTrust Investment Services, Inc, SunTrust Advisory Services, Inc.
Investment and Insurance Products:
•Are not FDIC or any other Government Agency Insured •Are not Bank Guaranteed •May Lose Value
SunTrust Private Wealth Management is a marketing name used by SunTrust Bank, SunTrust Banks Trust Company (Cayman) Limited, SunTrust Delaware Trust Company, SunTrust Investment Services, Inc., and SunTrust Advisory Services, Inc., which are each affiliates of SunTrust Banks, Inc. Banking and trust products and services, including investment management products and services, are provided by SunTrust Bank and SunTrust Delaware Trust Company. Securities and insurance (including annuities) are offered by SunTrust Investment Services, Inc., a SEC registered broker-dealer, member FINRA, SIPC, and a licensed insurance agency. Investment advisory services are offered by SunTrust Advisory Services, Inc., a SEC registered investment adviser.
SunTrust Bank and its affiliates do not accept fiduciary responsibility for all banking and investment account types offered. Please consult with your SunTrust representative to determine whether SunTrust and its affiliates have agreed to accept fiduciary responsibility for your account(s) and if you have competed the documentation necessary to establish a fiduciary relationship with SunTrust Bank or and affiliate. Additional information regarding account types and important disclosures may be found at www.suntrust.com\investmentinfo.
About SunTrust Robinson Humphrey
SunTrust Robinson Humphrey® is the trade name for the corporate and investment banking services of SunTrust Banks, Inc. and its subsidiaries. Securities and strategic advisory services are provided by SunTrust Robinson Humphrey, Inc., member FINRA and SIPC. │ SunTrust Robinson Humphrey has extensive experience working with public and private companies of all sizes – from emerging growth to the Fortune 500. SunTrust Robinson Humphrey offers an array of solutions for companies across all industries while providing in-depth industry expertise and dedicated corporate and investment banking practices for certain core sectors, including business services, financial sponsors, building products, healthcare, consumer and retail, media and communications, energy, transportation, financial services and technology, and real estate. SunTrust Robinson Humphrey's internet address is www.suntrustrh.com.
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SOURCE SunTrust Banks, Inc.