Citizens Financial Group, Inc. unveiled a number of changes aimed at accelerating the growth of its Wealth Management and Private Banking business to serve the entire spectrum of wealth clients, from mass affluent to ultra-high net worth and family offices. The new strategy, highlighted by the hiring of two new executives in critical roles, will better position Citizens to achieve its ambitious goal of building a preeminent Private Banking and Wealth Management offering in the U.S. Further, Citizens has opened its first Private Banking office in Boston and has plans to open additional offices in 2024, including one in Palm Beach, Fla. and Mill Valley, Calif.

in the spring. On the heels of launching its newPrivate Bank and hiring about 200 bankers in 2023, Citizens bolstered its wealth leadership team with the addition of Michael Cherny as Head of Citizens Wealth Management Advisors and Tom Metzger as Head of Citizens Private Wealth Managers.