Senior level promotions reflect Clarfeld’s commitment to continually elevating client experience
TARRYTOWN, N.Y.–(BUSINESS WIRE)–Clarfeld | Citizens Private Wealth, a subsidiary of Citizens Bank, today announced an evolution in personnel that reflects the firm’s growth objectives and commitment to exceptional client service. With the addition of a new senior level hire and two promotions, these appointments advance Clarfeld’s capabilities in key focus areas, including its trust business, private client services and investment oversight. These strategic changes come on the heels of Rick Suarez’s appointment as Chief Executive Officer in January.
Michael Hans, Chief Investment Officer, has been promoted to Director of Investment Services. In addition to his current responsibilities as CIO and Chair of our Investment Policy Committee, Michael now is responsible for leadership of the entire investment practice including governance, strategy and enhancing the overall client investment experience. Michael has been with Clarfeld for more than 7 years.
Joan (Joannie) Bozek, has joined Clarfeld as Chief Fiduciary Officer and Director of Trust Services. In this role, she is responsible for overseeing the firm’s trust company, an integral part of its high-net-worth offering, including building upon its existing and prospective talent pipeline and creating a world-class trust offering for clients. She brings 25+ years of experience within the fiduciary services business, having previously held senior positions at People’s United Bank, Prudential and Merrill Lynch.
Both will report directly to CEO Rick Suarez.
“Promoting Michael and bringing Joannie on board reflects Clarfeld’s steadfast commitment to expanding our world-class service capabilities,” said Rick Suarez, Chief Executive Officer at Clarfeld Citizens Private Wealth. “Clarfeld is dedicated to maintaining and expanding our high touch service platform that provides personalized support to every individual and family we serve.”
About Clarfeld | Citizens Private Wealth
Clarfeld | Citizens Private Wealth is a leading wealth management firm and multifamily office based in Tarrytown, New York. The firm provides private bank and wealth management services to ultra-high-net-worth individuals, families and foundations in support of their exceptionally individualized, complex needs. The business is the result of Clarfeld Financial Advisors, LLC, joining forces with Citizens Bank in 2019 to deliver banking, lending and trust services in addition to broad array of high-end financial solutions.
Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $176.7 billion in assets as of March 31, 2020. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 2,800 ATMs and approximately 1,000 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.
Clarfeld | Citizens Private Wealth offers Investment Management Services through Clarfeld Financial Advisors, LLC, an SEC registered investment adviser. Insurance products are offered through Estate Preservation Services, LLC, or an unrelated party. Clarfeld Financial Advisors, LLC and Estate Preservation Services, LLC are both affiliates of Citizens Bank, N.A. Deposit and credit products are provided solely by Citizens Bank, N.A., Member FDIC.
“Safe Harbor” Statement within the meaning of the Private Securities Litigation Reform Act of 1995: This communication contains “forward-looking statements” — that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” or “target.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include the failure to consummate this transaction or to make or take any filing or other action required to consummate any such transaction on a timely matter or at all. These or other uncertainties may cause our actual future results to be materially different from those expressed in our forward-looking statements.