Rick Suarez has been named to succeed Rob Clarfeld as chief executive of Clarfeld/Citizens Private Wealth, which manages $7.5 billion in assets.
Mr. Suarez has been with the firm since 1996.
It was founded in 1981 by Mr. Clarfeld and acquired last year by Tarrytown, N.Y.-based Citizens Bank.
“To ensure continuity of culture and direction, Rob Clarfeld will remain with the firm he founded as executive chairman, focusing on strategic initiatives, brand stewardship and client service,” the company said in a release.
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