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Over 150 firms evaluated.
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10,000+ interviews conducted.
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Regions one of only six to receive top designation.
BIRMINGHAM, Ala.--(BUSINESS WIRE)--
Regions
Bank has been recognized once again by leading independent
consulting firm Greenwich
Associates as one of a small number of wealth management and
personal investment firms that lead the nation in overall satisfaction.
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Regions Private Wealth Management is powered by a team of wealth advisors who take an unbiased approach to designing customized financial strategies for clients. (Photo: Business Wire)
Greenwich annually conducts approximately 10,000 interviews with
business owners and executives. Participants are asked about their
experiences with firms that help them invest and grow their financial
resources.
Based on those interviews, for the third consecutive year, Regions
Private Wealth Management received the Greenwich Excellence Award for
Overall Satisfaction. More than 150 firms were evaluated. Only six firms
received the overall satisfaction award for 2017.
"People have many choices when it comes to making investments and
creating a long-term financial plan, and Regions sets itself apart by
taking a highly customized approach that's built around the goals of our
individual clients," said Kate Danella, head of Regions Private Wealth
Management. "We are honored that clients are sharing positive
experiences with Regions. Our commitment to superior service will
continue to grow as we move further into the digital era and reach more
clients with tailored financial plans that meet their individual needs."
When compiling its 2017 Greenwich Excellence Awards, the consulting
company only included wealth management providers that received a statistically
significant proportion of "Excellent" ratings relative to the
overall mean.
With $20.9 billion in assets under administration, Regions Private
Wealth Management has experienced strong growth, increasing households,
assets and revenues over the last several years, and ranking among the
Top 40 Wealth Management Firms by Barron's Penta in 2017. Regions'
broader Wealth Management Group, which includes Private Wealth
Management, Institutional Services and more, has $90.6 billion in assets
under administration. Regions established the Wealth Management Group in
2012 as the company brought its Trust, Private Banking, Asset Management
and Insurance units into a single group.
Regions received a similar Greenwich Excellence Award for its wealth and
personal investment services in 2016 and 2015. Additionally, the company
was recognized by Greenwich in March 2016 for providing distinguished
quality service to small business and middle market clients. Regions was
also awarded two Greenwich Best Brand Awards for Small Business Banking.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $123 billion in assets, is
a member of the S&P 500 Index and is one of the nation's largest
full-service providers of consumer and commercial banking, wealth
management, mortgage, and insurance products and services. Regions
serves customers across the South, Midwest and Texas, and through its
subsidiary, Regions Bank, operates approximately 1,500 banking offices
and 1,900 ATMs. Additional information about Regions and its full line
of products and services can be found at www.regions.com.
About Greenwich Associates
Greenwich Associates is the leading research-based consulting firm
servicing the financial services industry. Greenwich Associates' studies
provide benefits to the buyers and sellers of financial services in the
form of benchmark information on best practices and market intelligence
on overall trends. Based in Stamford, Connecticut, with additional
offices in London, Toronto, Tokyo, and Singapore, the firm offers over
100 research-based consulting programs to more than 250 global financial
services companies. Please contact us for further information or to
arrange an interview with one of our consultants. You can visit our
website, www.greenwich.com,
for more information.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171205005176/en/
Regions Bank
Jeremy D. King, 205-264-4551
Regions News Online: http://regions.doingmoretoday.com
Regions
News on Twitter: @RegionsNews
Source: Regions Bank
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