Fifth Third Wealth Advisors® Moves Past $2 Billion in Assets Under Management
Fifth Third Wealth Advisors®, a multi-custodial registered investment advisory firm, has surpassed $2 billion in assets under management (AUM) less than six months after reaching the $1 billion mark. The firm now ranks among the top 500 independent RIAs in the US and is projected to be a top 100 independent RIA firm by the end of 2025. With eight advisor teams serving clients in six states, Fifth Third Wealth Advisors has experienced rapid growth since its launch less than 24 months ago. The firm offers independence, flexibility, and a broad range of capabilities to sophisticated investment advisors. Fifth Third Wealth Advisors is actively seeking to add more teams across the country in the coming months.
Fifth Third Wealth Advisors®, una società di consulenza per investimenti registrata con più custodi, ha superato i 2 miliardi di dollari in beni sotto gestione (AUM) meno di sei mesi dopo aver raggiunto il traguardo di 1 miliardo. La società ora si posiziona tra le 500 principali RIA indipendenti negli Stati Uniti ed è prevista diventare una top 100 RIA indipendente entro la fine del 2025. Con otto team di consulenti che servono clienti in sei stati, Fifth Third Wealth Advisors ha vissuto una rapida crescita dalla sua inaugurazione, avvenuta meno di 24 mesi fa. La società offre indipendenza, flessibilità e una vasta gamma di capacità a consulenti d'investimento sofisticati. Fifth Third Wealth Advisors sta attivamente cercando di aggiungere altri team in tutto il paese nei prossimi mesi.
Fifth Third Wealth Advisors®, una firma de asesoría de inversiones registrada con múltiples custodios, ha sorpassado los 2 mil millones de dólares en activos bajo gestión (AUM) menos de seis meses después de alcanzar la marca de 1 mil millones. La firma ahora se encuentra entre las 500 principales RIA independientes en los EE. UU. y se proyecta que será una de las 100 mejores firmas RIA independientes para finales de 2025. Con ocho equipos de asesores que atienden a clientes en seis estados, Fifth Third Wealth Advisors ha experimentado un rápido crecimiento desde su lanzamiento hace menos de 24 meses. La firma ofrece independencia, flexibilidad y una amplia gama de capacidades a asesores de inversión sofisticados. Fifth Third Wealth Advisors está buscando activamente agregar más equipos en todo el país en los próximos meses.
Fifth Third Wealth Advisors®는 다중 수탁자 등록 투자 자문 회사로서, 6개월도 채 안 되는 시간 안에 관리 자산(AUM) 20억 달러를 초과했습니다. 이 회사는 현재 미국 내 상위 500개 독립 RIA 중 하나로 자리 잡았으며, 2025년 말까지 상위 100개 독립 RIA에 진입할 것으로 예상됩니다. 여덟 개의 자문 팀이 여섯 개 주의 고객에게 서비스를 제공하며, Fifth Third Wealth Advisors는 24개월도 채 되지 않은 기간 동안 급속한 성장을 경험했습니다. 이 회사는 정교한 투자 자문가들에게 독립성, 유연성 및 광범위한 역량을 제공합니다. Fifth Third Wealth Advisors는 앞으로 몇 달 안에 전국적으로 더 많은 팀을 추가할 계획입니다.
Fifth Third Wealth Advisors®, une société de conseil en investissements enregistrée avec plusieurs dépositaires, a dépasse les 2 milliards de dollars d'actifs sous gestion (AUM) moins de six mois après avoir atteint la barre du milliard de dollars. La firme figure désormais parmi les 500 principaux RIA indépendants aux États-Unis et devrait être une top 100 des sociétés RIA indépendantes d'ici la fin 2025. Avec huit équipes de conseillers servant des clients dans six États, Fifth Third Wealth Advisors a connu une croissance rapide depuis son lancement il y a moins de 24 mois. La société offre indépendance, flexibilité et un large éventail de capacités aux conseillers en investissements sophistiqués. Fifth Third Wealth Advisors cherche activement à ajouter d'autres équipes à travers le pays dans les mois à venir.
Fifth Third Wealth Advisors®, ein multi-custodial registrierter Anlageberatungsdienst, hat in weniger als sechs Monaten die Marke von 2 Milliarden US-Dollar an verwaltetem Vermögen (AUM) überschritten, nachdem er die 1-Milliarde-Marke erreicht hatte. Die Firma gehört nun zu den 500 wichtigsten unabhängigen RIAs in den USA und wird voraussichtlich bis Ende 2025 eine Top 100 unabhängige RIA-Firma sein. Mit acht Beraterteams, die Kunden in sechs Bundesstaaten bedienen, hat Fifth Third Wealth Advisors seit seiner Gründung vor weniger als 24 Monaten ein schnelles Wachstum erlebt. Die Firma bietet Unabhängigkeit, Flexibilität und ein breites Spektrum an Fähigkeiten für anspruchsvolle Anlageberater. Fifth Third Wealth Advisors sucht aktiv nach weiteren Teams im ganzen Land in den kommenden Monaten.
- Rapid growth: AUM doubled from $1B to $2B in less than six months
- Ranked among top 500 independent RIAs in the US
- Projected to be a top 100 independent RIA firm by end of 2025
- Expanded to eight advisor teams serving clients in six states
- Actively seeking to add more advisor teams across the country
- None.
Insights
Fifth Third Wealth Advisors' rapid growth to
The rapid growth of Fifth Third Wealth Advisors reflects a broader trend in the wealth management industry towards independent, multi-custodial platforms. This model appeals to advisors seeking greater autonomy and flexibility, potentially driving further expansion. The firm's focus on technology and operational support aligns with industry shifts towards digitalization and efficiency. However, the competitive landscape is intensifying, with many firms vying for top advisor talent. Fifth Third's success will hinge on its ability to differentiate its offering and maintain a compelling value proposition for both advisors and clients. The geographic expansion strategy appears sound, but investors should watch for any signs of overextension or dilution of the firm's core strengths as it rapidly scales.
According to independent research*, Fifth Third Wealth Advisors now ranks among the top 500 independent RIAs in the US.
“2024 has been a dynamic year for Fifth Third Wealth Advisors with strong growth in teams and assets under management,” said Eric Housman, president Fifth Third Wealth Advisors. “Based on our projections, Fifth Third Wealth Advisors is expected to be a top 100 independent RIA firm by the end of 2025.”
“Our path to growth is unlimited,” Housman added. “Since announcing the launch of Fifth Third Wealth Advisors less than 24 months ago, we’ve focused our efforts on empowering teams by building a platform for highly sophisticated investment advisors that offers independence, flexibility and the broadest range of capabilities, technology and operational support.”
Today, Fifth Third Wealth Advisors has eight advisor teams serving clients in six states across the country. Offices are based in
“We are seeing great interest in the number of advisors who are looking for freedom, control and the ability to devote their time to clients and deepening relationships,” said Housman. “FTWA is actively looking to add additional teams across the country in the coming months.”
Learn more about Fifth Third Wealth Advisors at FTWA.com or follow on LinkedIn.
About Fifth Third
Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few
Fifth Third Bank, National Association, is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank, and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com.
Fifth Third Wealth Advisors LLC is an investment adviser registered with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply any level of skill or training. Additional information about Fifth Third Wealth Advisors LLC is available on the SEC’s website at www.adviserinfo.sec.gov.
*Datos Insights/Fifth Third Bank SEC ADV Database Research, 2024
View source version on businesswire.com: https://www.businesswire.com/news/home/20240909333949/en/
Adrienne Gutbier (Media Relations)
adrienne.gutbier@53.com | 513-534-8038
Matt Curoe (Investor Relations)
matt.curoe@53.com | 513-534-2345
Source: Fifth Third
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