Truist Financial in Charlotte, N.C., has opened a wealth management office in downtown Chicago.
The $554 billion-asset company said in a press release Monday that Truist Wealth launched the office after hiring a 10-person team.
Truist Wealth offers banking, financial planning, investment management, risk management and other products to individuals, families and business owners.
“Disciplined expansion will help us achieve our strategic goals, and our Chicago team brings a combination of private banking, brokerage and trust experience that will help Truist Wealth expand and win in this market,” Joseph Thompson, Truist’s chief wealth officer, said in the release.