Fifth Third Bank Achieves Recognition for Wealth Management Excellence and Expands Trust Services
In a remarkable show of strength in wealth management, Fifth Third Private Bank was recognized as the United States Best Private Bank for High Net Worth Clients by Euromoney in its 2025 Private Bank Awards. This accolade underlines the firm s commitment to cultivating enduring relationships with its high-net-worth clientele. Kris Garrett, the group regional president and head of wealth and asset management at Fifth Third Bank, expressed gratitude towards their clients, acknowledging their trust as foundational to the bank s success.
In addition to this prestigious recognition, Fifth Third has also cemented its reputation in the banking sector by earning a spot on the 2025 Forbes Americas Best Banks List for the second consecutive year. Jamie Leonard, chief operating officer of Fifth Third, emphasized the bank s longstanding commitment to excellence, stating that the awards reflect the organization s dedication to putting customers at the center of its operations.
Further enhancing its service offerings, Fifth Third Private Bank announced the opening of a new Trust Administrative Office in Wilmington, Delaware. This strategic expansion is designed to meet the complex needs of clients who seek various wealth planning solutions, from philanthropy to business transitions. The office takes advantage of Delaware s favorable trust laws, which offer significant benefits, including income and estate tax advantages, enhanced privacy, and dynasty trust capabilities.
With these developments, Fifth Third Bank continues to solidify its position as a leader in private banking and wealth management, demonstrating a strong commitment to addressing the sophisticated needs of high-net-worth individuals while maintaining a client-first philosophy.
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