KeyCorp’s multi-family office business has hired a new leader with more than 20 years of senior leadership experience.
Robert Weiss becomes head of Key Family Wealth with a focus on collaboration across the firm to grow its ultra-high-net-worth client segment. The business unit manages approximately $23 billion AUM and is part of Key Private Bank.
Weiss was previously with First Republic which joined JPMorgan Wealth Management following the regional banking crisis in 2023. He was regional business leader in the New York, New Jersey and Connecticut region.
He had also been with JPMorgan earlier in his career as global head of Advice Lab and his experience also includes establishing and leading the Northeast Private Wealth Division for SunTrust and eight years with Alliance Bernstein where he was a managing director.
Based in New York City, Weiss reports to Key Wealth President Joe Skarda.
“Robert is a proven leader in the wealth management industry,” said Skarda. “He brings a high level of expertise, values and client dedication aligned with our approach and overall strategy. I am confident he will deliver value for our business, clients and teams.”
Weiss says he is pleased to be joining Key Wealth in its current strong growth phase.
“The industry-leading capabilities that Joe Skarda and his team have developed are a clear differentiator for Key, and I’m excited to share these impressive offerings with advisors and the families they support,” Weiss said.
The wider KeyCorp business recently attracted further investment from Canadian ‘big six’ bank Scotiabank which acquired a pro-forma ownership stake of approximately 10% for approximately $2 billion.
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