Regions Bank launches team dedicated to philanthropic ambitions

investmentnews.com:

Despite the economic challenges of recent years, philanthropy is thriving, and Regions Bank is providing its clients with a team of advisors dedicated to the cause.

The $152 billion asset firm has established the new team within its wealth management division to help charitable organizations and high-net-worth individuals and families with asset management, mission, and charitable giving priorities.

“With the launch of the Philanthropic Solutions group, we’re enhancing how we deliver guidance, insights and solutions through a centralized focus on helping clients through the dynamics of stewarding their investment assets and portfolio construction. That, in turn, can deepen clients’ charitable missions and leave a strong legacy,” said Bill Ritter, head of Regions Wealth Management.

Advisors working in the group have deep experience of charitable giving, nonprofit administration, and investment leadership.

The Philanthropic Solutions group is led by Marcie Braswell, who transitions from her previous role leading the endowments and foundations team within Regions Institutional Services for nearly a decade. She has been with Regions Bank for 10 years, after previously having practiced law.

“The work of nonprofit organizations, charitable foundations, and the individuals, families and companies who support them never stops,” Braswell said. “They continually pour into missions that make our communities strong. Through our Philanthropic Solutions group, we can deliver more customized advice and guidance to clients in ways that impact people and communities for generations. We look forward to welcoming our current clients – and new clients – to this expanded approach toward strategically managing and reaching philanthropic