05/15/2018
Citizens Strategic & Tactical Allocation Risk Portfolios Now Available Through Citizens Investment Services
The expanded investment advisory program makes high-net-worth
strategies available to all Citizens Bank Wealth Management clients
PROVIDENCE, R.I.--(BUSINESS WIRE)--
Citizens Bank Wealth Management today announced the expanded
availability of its STAR Portfolios, which have been exclusive to
Citizens Bank Private Wealth Management clients for more than a decade.
The portfolios are now part of the wide range of investments available
to all investors served through Citizens Investment Services, and are
designed to provide access to a broad array of managers and blend of
management styles.
The Strategic and Tactical Allocation Risk (STAR) portfolios are managed
by the Citizens Bank Wealth Management Investment Strategy team, which
is independent of Citizens Investment Services.
“Helping clients reach their long-term financial goals is always our
priority,” said Larry Seidl, Head of Product for Citizens Investment
Services. “Adding these portfolios to the range of investments available
to our clients helps us to meet their diverse needs.”
Citizens STAR PortfoliosTM are globally allocated diversified
portfolios designed around seven core strategic risk profiles, with
tactical positioning for overall long-term risk and return optimization.
A proprietary investment management process, using open architecture and
a wide array of managers, seeks to create cost effective portfolios that
have historically generated favorable risk adjusted returns for
investors.
“Citizens STAR Portfolios bring together our best thinking about global
asset allocation, securities selection and portfolio construction
seeking to optimize risk and return,” said Dan LaPlante, CFA, Chief
Investment Officer of Citizens Bank Private Wealth Management. “Creating
a range of investment models that align to seven risk profiles helps us
to deliver a consistent offering while allowing investors to select a
portfolio that is right for their financial plan.”
For additional information about Citizens Investment Services and
Citizens Bank Wealth Management, please visit www.citizensbank.com/wealth-management/whycitizens.aspx.
About Citizens Financial Group, Inc.
Citizens
Financial Group, Inc. is one of the nation’s oldest and largest
financial institutions, with $153.5 billion in assets as of March 31,
2018. Headquartered in Providence, Rhode Island, Citizens offers a broad
range of retail and commercial banking products and services to
individuals, small businesses, middle-market companies, large
corporations and institutions. Citizens helps its customers reach their
potential by listening to them and by understanding their needs in order
to offer tailored advice, ideas and solutions. In Consumer Banking,
Citizens provides an integrated experience that includes mobile and
online banking, a 24/7 customer contact center and the convenience of
approximately 3,300 ATMs and approximately 1,150 branches in 11 states
in the New England, Mid-Atlantic and Midwest regions. Consumer Banking
products and services include a full range of banking, lending, savings,
wealth management and small business offerings. In Commercial Banking,
Citizens offers corporate, institutional and not-for-profit clients a
full range of wholesale banking products and services, including lending
and deposits, capital markets, treasury services, foreign exchange and
interest rate products, and asset finance. More information is available
at www.citizensbank.com
or visit us on Twitter,
LinkedIn
or Facebook.
Member FDIC. Citizens Bank is a brand name of Citizens Bank, N.A. (NMLS
ID# 433960) and Citizens Bank of Pennsylvania (NMLS ID# 522615). Equal
Housing Lender.
Securities, Insurance and Investment Advisory Services offered through
Citizens Securities, Inc. (“CSI”), also referred to as Citizens
Investment Services. CSI is an SEC registered investment adviser and
Member - FINRA and SIPC. 770 Legacy Place, MLP240, Dedham, MA 02026.
(800) 942-8300. CSI is an affiliate of Citizens Bank, N.A. and Citizens
Bank of Pennsylvania
Securities and Insurance Products are: • NOT FDIC INSURED • NOT BANK
GUARANTEED • MAY LOSE VALUE • NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL
GOVERNMENT AGENCY
View source version on businesswire.com: https://www.businesswire.com/news/home/20180515005325/en/
Citizens Financial Group, Inc.
Megan Griffin, 781-655-2418
[email protected]
Source: Citizens Financial Group, Inc.