SVB Financial Group has named Erin Platts president of SVB Private and appointed David Sabow to succeed her as CEO of Silicon Valley Bank UK and head of EMEA.
Both are long-time employees of the bank.
Platts has worked at SVB for more than 18 years. She was head of commercial banking for the UK and Europe for six years and most recently served as head of EMEA and CEO of Silicon Valley Bank UK. As head of SVB Private, Platts will head the company’s private banking, wealth planning, trust, brokerage, and investment management services.
Sabow has worked for the bank for 10 years and most recently served as its first head of technology and health care banking.
The two are expected to move into their new roles in the second quarter.
Summit Financial unveiled a suite of eight new tools, including AI lead gen and digital marketing software, while MassMutual forges a new partnership with Orion.
A new analysis shows the number of actions plummeting over a six-month period, potentially due to changing priorities and staffing reductions at the agency.
The strategic merger of equals with the $27 billion RIA firm in Los Angeles marks what could be the largest unification of the summer 2025 M&A season.
Report highlights lack of options for those faced with emergency expenses.
However, Raymond James has had success recruiting Commonwealth advisors.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
