06/26/2025
Citizens Expands Private Wealth Business with Hiring of $1.5B New York-Based Advisor Team
PROVIDENCE, RI (June 26, 2025)— In a strategic move to expand its footprint in the vital New York City market, Citizens Financial Group, Inc. (NYSE: CFG) is welcoming a top wealth advisory team led by Daniel Menton, Adam Waldman and Vincenzo Iannucci. This addition underscores Citizens' commitment to serving a growing customer base. Through team hires, Citizens continues to strengthen its position as a premier firm for wealth management, private banking and commercial banking – offering clientele an unmatched, integrated banking experience to meet complex financial needs.
With more than seven decades of combined experience, the team, which previously managed nearly $1.5 billion in client assets, caters to the sophisticated financial needs of ultra-high-net-worth clients, their families, and businesses.
"We are excited to join Citizens at this pivotal moment of growth in the New York market,” said Daniel Menton, Managing Director, Citizens Private Wealth*. "With Citizens’ extensive capabilities, we will provide clients with a truly integrated experience, seamlessly addressing their wealth, private banking, and commercial banking needs.”
Since expanding into the Tri-State metro area in 2022 through the acquisitions of HSBC’s East Coast branches and New Jersey-based Investors Bank, Citizens has established itself as a key player in the market. The new team will partner closely with Citizens Commercial Bank and Private Bank. Citizens recently opened its first New York Private Banking office and also has 174 branches across the Tri-State metro area. It has posted top-quartile household and deposit growth in the most competitive market in the country.
“We are delighted to welcome this highly esteemed New York team, as a pivotal part of our nationwide wealth acceleration strategy. This strategic move not only fortifies our nationwide wealth acceleration efforts but also brings immense benefits to our New York clients,” said Tom Metzger, Head of Private Wealth Advisors at Citizens. “Over the past year, we’ve successfully onboarded multiple teams of the nation’s top advisors. As we continue to build a world-class wealth management business, New York has been a key market where we were determined to expand. Our new team enables us to significantly strengthen our presence and capabilities in this vital region.”
Citizens Private Wealth offers financial planning, investment management, deposits and lending, estate and trust planning, insurance and asset protection solutions, alternative investments and tax planning and preparation. The firm has a growing presence in key markets, recently welcoming a seasoned wealth team led by Kieran Lynch, Jack Inserra and Craig Kaufman, based in Bergen County, N.J. Other newly hired advisory teams are based in Boston, South Florida, Southern California and San Francisco. The firm remains committed to attracting top talent to help ultra-high-net-worth clients nationwide simplify their personal, professional and corporate financial lives.
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About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $220.1 billion in assets as of March 31, 2025. 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 full-service customer contact center and the convenience of approximately 3,100 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on X, LinkedIn or Facebook.
*Please visit Citizens Private Wealth™ | Citizens Private Bank for more information and disclosures.
