ATLANTA, May 6, 2019 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) announces a new Private Wealth Management office in Boston. The expansion allows SunTrust to broaden its wealth management presence in the Northeast and complement the Boston office of SunTrust Robinson Humphrey.

"Establishing an office in Boston is an important step in our Northeast expansion, and builds on our wealth management presence in New York City and Greenwich," said Joe Thompson, head of SunTrust Private Wealth Management. "New England has a high concentration of affluent individuals and families who will benefit from our goals-based financial planning process, investment expertise and banking solutions, allowing them to make confident financial decisions."

Rick Tesh, a client advisor in the Greensboro, N.C. office of SunTrust Private Wealth Management, will relocate to Boston as part of the New England expansion. Throughout his more than 20-year career, Tesh has provided investment, credit, insurance and capital markets solutions to high net worth families.

Daniel Larsen also joins the Boston office of SunTrust Private Wealth Management as a client advisor. Larsen brings 20 years of experience serving high net worth families and institutional clients in Boston, most recently with Alex. Brown. Larsen specializes in business transition planning, retirement income planning and goals-based financial planning.

SunTrust established its New York City wealth management office in 2017 under Division Executive Robert Weiss who is leading the Northeast expansion of SunTrust Private Wealth Management. The New York office has grown to include a team of investment professionals, including Charles Swarns who will lead the Boston team.

"SunTrust is a purpose-driven company committed to Lighting the Way to Financial Well-Being. Our approach to serving clients, combined with a comprehensive wealth management platform, is resonating with wealth management professionals throughout the Northeast," said Weiss. "We will continue to recruit talented individuals and teams throughout the region who share our culture, and want to join our expanding wealth management practice."

The Boston team is the latest example of SunTrust Private Wealth Management expanding into new markets. Since 2017, SunTrust has announced new wealth management offices in New York City, Houston, Dallas, Cincinnati, Cleveland and Los Angeles.

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 March 31, 2019, SunTrust had total assets of $220 billion and total deposits of $162 billion. The Company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. Learn more at suntrust.com.

Joe Thompson, Rick Tesh, & Robert Weiss, Registered Representatives, SunTrust Investment Services, Inc. Investment Adviser Representatives, 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 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.

SunTrust Robinson Humphrey is the trade name for the corporate and investment banking services of SunTrust Banks, Inc. and its subsidiaries, including SunTrust Robinson Humphrey, Inc., member FINRA and SIPC.

SOURCE SunTrust Banks, Inc.