Veteran wealth management executive to lead growth and advisory services for high-net-worth clients across growing markets in the Southeast.
Company Website:
https://www.regions.com
ATLANTA -- (Business Wire)
Regions Bank on Tuesday announced veteran wealth management executive Thom Smith has joined the bank to serve as Regions Private Wealth Management regional executive for Georgia, North Carolina and South Carolina.
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Thom Smith is Regions Private Wealth Management regional executive for Georgia, North Carolina and South Carolina.
Smith’s move to Regions Bank is part of the company’s strategy for building more Private Wealth Management growth and consistently strengthening client service. Throughout his career, Smith has built and led high-performing teams, implemented growth initiatives, and supported the fiduciary and planning needs for high-net-worth and ultra-high-net-worth clients.
What role will Thom Smith assume for Regions Private Wealth Management?
As Private Wealth regional executive, Smith will oversee teams providing comprehensive wealth management, tailored investment services, financial planning services and insights, including:
These services are designed to help clients:
- Build and preserve long-term wealth
- Plan for retirement and generational wealth transitions
- Navigate complex financial decisions
- Align financial strategies with personal and business goals
Where will Thom Smith lead growth?
Smith will lead Regions Private Wealth Management’s expanding teams serving high-net-worth and ultra-high-net-worth clients across major Southeastern markets, including:
- Albany, Atlanta, Augusta and Savannah in Georgia
- Charlotte and Raleigh in North Carolina
- Charleston, Columbia and Greenville in South Carolina
His appointment supports Regions Bank’s continued focus on client growth in Georgia and the Carolinas, where population trends, business formation, and generational wealth transfers are creating increased demand for consultative wealth management services.
Smith’s leadership supports the bank’s Regions360 approach, which integrates Consumer Banking, Commercial Banking, and Wealth Management to deliver holistic, client-focused financial solutions. He will work alongside Regions market leaders including Mary Beth Coke, Thad Walton, Brian Jackson and others as part of a united focus on growth across Regions’ key lines of business.
Leadership Perspective:
“Thom is a seasoned, well-respected leader with a strong track record of building high-performing teams, executing growth strategies, and making life better for high-net-worth clients and their families,” said Leslie Carter-Prall, Head of Regions Private Wealth Management. “We are pleased to welcome Thom to Regions, and we look forward to his leadership with a service focus to current and new Private Wealth Management clients.”
Smith added:
“After many years in the industry, the opportunity to join a company like Regions, with its strong reputation, collaborative culture, and commitment to client service, was incredibly compelling,” Smith said. “I look forward to working with this talented team to deepen client relationships, invest in our associates, strengthen collaboration across the bank, and drive thoughtful, disciplined growth across Georgia and the Carolinas.”
Who are Regions Private Wealth Management clients?
Regions serves a broad range of clients with complex financial needs, including:
- Business owners and entrepreneurs
- Executives and professionals
- Multigenerational families planning wealth transfer
Why Demand for Private Wealth Management is Growing:
Regions’ advisors are seeing increased client engagement driven by:
- Retirement readiness and longevity planning
- Generational wealth transfer and inheritance planning
- Financial education for heirs and family members
- Business succession and liquidity events
- Philanthropic goals and community impact
Thom Smith’s Experience and Background:
Smith brings more than 30 years of leadership experience in private banking and wealth management. Most recently, he served as managing director at Fifth Third Private Bank, where he led an integrated private banking team across multiple markets, including Georgia, Alabama, Texas, and California.
Prior to that, Smith spent nearly two decades at Truist and its predecessor bank, BB&T, where he served as senior vice president and regional wealth managing director.
Award-Winning Wealth Management Services:
Regions Bank continues to receive accolades for its work helping Wealth Management clients.
For the second consecutive year, Global Private Banker recognized Regions Private Wealth Management for Best Trust Services by a Private Bank and Best Wealth Planning Executionrecognizing Regions’ excellence in client service, innovation, and wealth planning strategies.
Regions’ Institutional Services division was recently named to the National Association of Plan Advisors’ (NAPA) Top Defined Contribution Advisor Teams list. This recognition is awarded to firms providing retirement plan advisory services, fiduciary oversight and 401(k) solutions.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,200 banking offices and more than 1,750 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.
The Global Private Banker award referenced herein is based on the publication’s stated evaluation criteria and submission materials for the applicable review period. This recognition is not indicative of any one client’s experience and is not a guarantee of future performance or results.
The National Association of Plan Advisors was created by and for retirement plan advisors. Membership is also open to other retirement industry professionals who support the interests of plan advisors. NAPA is the only advocacy group exclusively focused on the issues that matter to retirement plan advisors. NAPA is part of the American Retirement Association, based in the Washington, D.C. area. More information about NAPA is available at napa-net.org.
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Contacts:
Media Contact:
Jennifer Elmore
Regions Bank
Regions News Online: regions.doingmoretoday.com
Regions Media Line: (205) 264-4551
Source: Regions Financial Corporation
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