New York For the fifth consecutive year, Citibank has been named "Best Bank for High-Net-Worth Families" by Kiplinger's Personal Finance, rising to the top of the ranking for the Citigold offering available to high-net-worth clients.
Kiplinger's fifth annual edition of "The Best Bank for You" highlights national, regional and Internet banks, as well as credit unions. The magazine also selects standout institutions in five personalized categories: No-Fee-No-Fuss, Retirees, Families with Students, Frequent Travelers and High-Net-Worth Families.
"We're excited to be named as the Best Bank for High-Net-Worth Families by Kiplinger's for the fifth year in a row," said David Poole, head of U.S. Consumer Wealth Management. "Over the past several years, we've enhanced our wealth management capabilities to meet a wider spectrum of client needs and this recognition affirms that our suite of solutions enables our clients to grow their wealth for themselves, their families and future generations."
Earlier this year, Citi announced the creation of Citi Global Wealth, which unified its wealth management teams in Global Consumer Banking and the Institutional Clients Group into a single integrated platform to serve clients across the wealth continuum from the affluent to ultra-high net worth clients.
Last year Citi launched a new segment—Citigold Private Client (CPC)—for clients with $1 million or more in assets, providing an expanded set of benefits and a deeper level of planning capabilities for more complex needs such as charitable giving strategies and advanced estate planning.
Kiplinger's highlighted a number of benefits available to Citigold clients, including:
See a full list of Kiplinger's top banks and credit unions.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
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