Huntington names new head of wealth business

Huntington names new head of wealth business
Eyeing growth in the wealth sector, the financial services company is elevating Melissa Holding to the role as a tenured leader steps down.
APR 26, 2024

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.

Latest News

Can advisors still cut through the noise in digital marketing?
Can advisors still cut through the noise in digital marketing?

With a fifth of RIA firms using AI to create marketing content, one leading voice argues a clear identity and focusing on clients will be crucial to success.

With wealth management market cooking, LPL Financial shares hit new highs
With wealth management market cooking, LPL Financial shares hit new highs

LPL Financial is a bellwether for the broader financial advice marketplace.

Wealth tech Alix raises $20M to expand AI-powered estate settlement platform
Wealth tech Alix raises $20M to expand AI-powered estate settlement platform

The San Francisco-based startup's Series A funding, with support from Schwab and Edward Jones Ventures, will reinforce its role in the coming $124 trillion wealth transfer.

Summit Financial adds four RIAs, nets $1.2B in new assets
Summit Financial adds four RIAs, nets $1.2B in new assets

The quartet of deals across New York, Florida, Ohio, and New Mexico reinforces the fast-growing integrator's leading position in the independent space.

Advisor moves: Raymond James welcomes UBS, Wells Fargo teams in bicoastal moves
Advisor moves: Raymond James welcomes UBS, Wells Fargo teams in bicoastal moves

UBS and Wells Fargo have made their own additions in the Northeast, including a Massachusetts duo defecting from Commonwealth.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

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.