CLEVELAND, Sept. 8,
2023 /PRNewswire/ -- Key Family Wealth, the family
office division of Key Private Bank, announced it has received a
2023 Wealth Management "Family Office" Industry Award,
recognizing the best client initiative in wealth management.
Key Family Wealth was selected for "Family Office Best Client
Initiative" from a shortlist of three exceptional family office
firms. The award recognizes Key Family Wealth's family governance
framework which has helped to better prepare family members to
responsibly manage generational wealth. Our enhanced, highly
customizable Key Family Wealth Milestone experience ensures that
the preservation of a family's legacy is rooted in their shared
history and vision, now and for years to come.
"We are honored to be recognized by WealthManagement.com for our
family office platform for the third year in a row," said
Gary Poth, executive vice president
and head of Key Family Wealth. "Being recognized for the quality of
our comprehensive family wealth planning highlights the quality of
our expertise and capabilities dedicated to serving
first-generation entrepreneurs and their families."
"We are delighted by the recognition of our legacy planning
enhancements," said Carey Spencer,
national director of Family Governance for Key Family Wealth. "Our
framework has helped our advisors empower families to achieve their
financial and interpersonal goals now and in the future."
Now in its ninth year, the WealthManagement.com Industry Awards
honors the outstanding achievements by companies, organizations and
individuals that support financial advisor success. More than 1,000
submissions were received this year, and only 253 companies were
selected as finalists in one or more of the 92 company,
organization, and individual awards categories.
A panel of independent, industry-leading wealth management
experts, including trusted advisors and consultants, chose the
finalists and winners recognizing the firms and individuals who
brought new innovations to market that make a real difference to
the daily activities of financial advisors. The judging process is
based on an evaluation of quantitative measures, including the
initiative's scope and scale, as well as qualitative measures, such
as innovation and creativity.
About Key Family Wealth
Key Family Wealth, the
multi-family office division of Key Private Bank, is one of the
largest and oldest multi-family offices in the country managing
more than $18.4 billion in AUM and
$6.4 billion in AUA at June 30, 2023. Key Family Wealth develops and
implements impactful investment, tax, and estate strategies to help
ultra-high net worth families grow, retain, and protect wealth
across generations. Clients receive a dedicated team of advisors
with expertise in investments, tax, philanthropic, credit and
estate planning who are focused on delivering a world class client
experience.
About KeyCorp (NYSE:KEY)
KeyCorp's roots trace back
nearly 200 years to Albany, New
York. Headquartered in Cleveland,
Ohio, Key is one of the nation's largest bank-based
financial services companies, with assets of approximately
$195 billion at June 30, 2023. Key provides deposit, lending,
cash management, and investment services to individuals and
businesses in 15 states under the name KeyBank National Association
through a network of approximately 1,000 branches and approximately
1,300 ATMs. 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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SOURCE KeyCorp
