ATLANTA, Aug. 7, 2018 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) today announced it has opened new Private Wealth Management offices in Cincinnati and Cleveland. The expansion allows SunTrust to broaden its presence in Ohio and Northern Kentucky, complementing the bank's commercial banking presence.

"Our wealth management team will help affluent families and institutional clients throughout Ohio and Northern Kentucky make confident financial decisions by delivering investment management, banking solutions and goals-based financial planning," said Joe Thompson, head of SunTrust Private Wealth Management. "Middle-market companies throughout the region have seen their businesses grow faster than the national average; in partnership with our commercial team we will advise entrepreneurs who are exploring the sale of their business."

Virginia (Ginny) Kuertz joins SunTrust Private Wealth Management as the Ohio division executive based in Cincinnati. A 34-year veteran of the Cincinnati banking community, Kuertz previously served as managing director for Southwest Ohio and northern Kentucky at J.P. Morgan Private Bank.

Karen Dulaney will lead the Cleveland office as a client advisor, reporting to Kuertz. Dulaney has spent 31 years serving clients in Cleveland, with the last 22 years focused on advising ultra-high-net-worth individuals and families in various roles at Key Private Bank and J.P. Morgan Private Bank.

"One year ago, SunTrust introduced its commercial banking capabilities, complementing our corporate banking presence through SunTrust Robinson Humphrey, that offers M&A advisory, capital markets, and treasury management, to businesses throughout Ohio," said Jason Cagle, Commercial Banking executive at SunTrust. "Combining local wealth management expertise with our local commercial and corporate banking teams allows SunTrust to deliver a valuable combination of both business and personal strategic advice throughout the region."

The new Ohio locations are the latest examples of SunTrust Private Wealth Management expanding into new markets. In 2017, SunTrust announced new wealth management offices in New York City, Houston and Dallas.

SunTrust is a purpose-driven company committed to Lighting the Way to Financial Well-Being. For more information about SunTrust Private Wealth Management, visit www.suntrust.com/wealth-management.

About SunTrust Banks, Inc.
SunTrust Banks, Inc. (NYSE: STI) is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Headquartered in Atlanta, the Company has two business segments: Consumer and Wholesale. Its flagship subsidiary, SunTrust Bank, operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate, and institutional clients nationally. As of June 30, 2018, SunTrust had total assets of $208 billion and total deposits of $161 billion. The Company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. Learn more at suntrust.com.

Joe Thompson, President, SunTrust Investment Services, Inc., SunTrust Advisory Services, Inc.

Investment and Insurance Products:  
•Are not FDIC or any other Government Agency Insured •Are not Bank Guaranteed •May Lose Value

SunTrust Private Wealth Management is a marketing name used by SunTrust Bank, SunTrust Banks Trust Company (Cayman) Limited, SunTrust Delaware Trust Company, SunTrust Investment Services, Inc., SunTrust Advisory Services, Inc., and GFO Advisory Services, LLC which are each affiliates of SunTrust Banks, Inc.  Banking and trust products and services, including investment management products and services, are provided by SunTrust Bank and SunTrust Delaware Trust Company.  Securities and insurance (including annuities) are offered by SunTrust Investment Services, Inc., a SEC registered broker-dealer, member FINRA, SIPC, and a licensed insurance agency.  Investment advisory services are offered by SunTrust Advisory Services, Inc., a SEC registered investment adviser. GFO Advisory Services, LLC is a SEC registered investment adviser that provides investment advisory services to a group of private investment funds and other non-investment advisory services to affiliates.

SOURCE SunTrust Banks, Inc.