Citizens Private Wealth Welcomes New Leaders

Citizens Private Wealth is proud to announce the addition of two new leaders to their team.

Marking a significant milestone, Citizens Private Wealth has welcomed a new President and Chief Operating Officer, who will play a crucial role in driving the company's growth and success.

These new leaders bring a wealth of experience and expertise to the table, with a proven track record of delivering exceptional results in the financial industry.

Their appointment is a testament to the company's commitment to excellence and its dedication to providing top-notch service to clients.

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Patrick Jancsy joined Citizens Bank as director of Citizens private wealth advisor group, bringing 25 years of experience from Fidelity Investments.

He will report to John Tyers, president of Citizens private wealth management.

Jancsy has deep experience in wealth management, advisor practice management consulting, product management, and driving results through disciplined processes.

Citizens Private Wealth Management has Wealth Advisors throughout New England, Mid-Atlantic and Midwest Regions serving the needs of investors.

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Michael Cherny and Tom Metzger were hired as new executives in critical roles to accelerate Citizens' growth in serving all wealth clients.

Cherny will serve as head of Citizens Wealth Management Advisors and be responsible for retaining and growing mass affluent and affluent client relationships across the U.S.

Tom Metzger will serve as head of Citizens Private Wealth Managers and recruit and lead a new team of Private Wealth managers targeting new-to-bank clients in key geographies across the U.S.

Citizens launched its Private Bank in the fall of 2023, hiring about 200 bankers and raising more than $1.2 billion in deposits by the end of the year.

Brendan Coughlin, vice chair and head of consumer banking at Citizens, stated that the bank failures of 2023 created significant white space in the market for a new entrant to fill by delivering best-in-market customer service for Private Banking and Wealth Management clients.

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Citizens Private Wealth has made some significant changes to its leadership team, which is great news for clients looking for top-notch advice.

The bank has hired two new executives in critical roles: Michael Cherny, who will serve as head of Citizens Wealth Management Advisors, and Tom Metzger, who will serve as head of Citizens Private Wealth Managers.

Cherny comes from JPMorgan Chase & Co., where he led one of the bank's largest regions with $60 billion in investment and deposit balances.

Metzger has a long background in the industry, with 17 years of experience at Wells Fargo and a recent stint at First Republic Bank.

Rick Suarez has been appointed as CEO of Clarfeld | Citizens Private Wealth, bringing his leadership and execution skills to the role.

Suarez holds an MBA in Finance from Pace University's Lubin School of Business and is a Certified Financial Planner.

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