Change is afoot at the leadership levels of Huntington National Bank’s wealth business.
The bank has named Melissa Holding as its new director of wealth management, taking over after Michael Robinson’s impending retirement.
Holding is set to oversee private banking, wealth management, and legacy planning services, including investment and portfolio management, fiduciary administration and trust services, institutional custody, and full-service retail brokerage investments.
In her new role, Holding will report directly to Brant Standridge, the president of consumer and regional banking.
"Melissa brings deep expertise and a strong record of performance to this key role. She will lead our next stage of growth and progress, advance our priorities, and continue to elevate our Wealth Management team," Standridge said in a statement.
Holding’s leadership aims to accelerate Huntington’s growth within the wealth segment. She previously managed the bank’s mass affluent client segment, focusing on business results and segment growth.
Her extensive background includes over 20 years at BB&T, where she held several senior roles, including executive vice president and head of premier banking at Truist.
Standridge also reflected on the contributions of Robinson, who will retire on May 1 after a 40-year career in banking, including 12 years at Huntington.
"Mike's fantastic leadership is reflected in the progress and growth Huntington continues to see in the wealth segment,” Standridge said, praising Robinson’s efforts in building the firm’s private banking and wealth businesses with “an award-winning culture.”
“He has embedded in his team a dedication to establishing trust, staying abreast of what is impacting markets, and working hard to make life better for our clients," Standridge said.
Most firms think they are ready for the ultra high net worth market. Most are not.
Stifel has paid or is on the hook for close to a staggering $200 million in damages and settlements to former clients of Chuck Roberts.
UBS also expanded in the Southeast with six advisors overseeing more than $2 billion, while Osaic lured a $300 million family-led practice from Wells Fargo's FiNet.
The new AI workspace rollout promises to automate the full advisor workflow just as third-party tools wage a turf war for central control of wealth firms' tech stacks.
Mega-RIA picks up $250M advisor, while three firms head for &Partners.
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
As $84 trillion prepares to change hands, advisors who treat estate planning as peripheral are quietly building a sieve, not a book.