Fifth Third Wealth Advisors® Surpasses $3 Billion in Net New Assets Under Management, Expands Platform Capabilities

CINCINNATI--(BUSINESS WIRE)--Fifth Third Wealth Advisors®, a multi-custodial registered investment advisory firm, announced it has surpassed $3 billion in net new assets under management, as of June 30, marking another major milestone in the firm’s growth.

This achievement underscores strong momentum and growing demand from both advisors and clients. According to independent research* Fifth Third Wealth Advisors ranks among the top 500 independent RIAs in the US.

“Our growth reflects the trust our clients place in us and the strength of the advisor teams we continue to attract,” said Eric Housman, president of Fifth Third Wealth Advisors. “We are building a platform that empowers advisors with the independence, flexibility and tools they need to deliver exceptional client outcomes.”

As part of its continued expansion, the firm has added Charles Schwab as a new custodial option on its platform, enhancing its custodial capabilities and providing clients with greater choice and flexibility. In addition, the firm is excited to begin a technology partnership with SS&C’s Black Diamond® Wealth Platform, the leading end-to-end cloud-native wealth management platform delivering personalized, innovative and sophisticated wealth management experiences for clients and advisors.

“These new capabilities are part of our broader strategy to scale with purpose,” Housman said. “We are investing in the infrastructure, technology and relationships that will continue to support our advisors and clients for years to come.”

Fifth Third Wealth Advisors serve clients nationwide with offices located in Atlanta, Georgia; Naples and Tampa, Florida; Springfield, Illinois; Westchester, New York; Charlotte and Winston-Salem, North Carolina; Dallas, Texas; and Pittsburgh, Pennsylvania. The firm continues to actively recruit advisor teams seeking a platform that prioritizes independence, innovation and exceptional client service.

Learn more about Fifth Third Wealth Advisors at FTWA.com or follow on LinkedIn.

About Fifth Third Wealth Advisors

Fifth Third Wealth Advisors LLC is a registered investment adviser with the U.S. Securities and Exchange Commission. As a subsidiary of Fifth Third Bank, the firm offers a platform designed for sophisticated investment advisors seeking independence, flexibility and a full suite of capabilities.

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 U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

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.

*Datos Insights/Fifth Third Bank SEC ADV Database Research, 2024