Celebrities head to the east coast for wealth management services at SunTrust

16.04.2011 | Author: linkwheel | Posted in Business

Athletes and baseball players who’ve amassed a big fortune from their sports events and product endorsements are now relying on SunTrust to help them manage their finances. SunTrust is an east coast based bank which has offered its financial planning services to help musicians, actors and sports athletes manage their money. Many of these sports persons hail from the world of motorsport. SunTrust’s sports and entertainment branch has been given the responsibility to oversee the financial services. In this day and age, it is hard to find credible money manager who can help you allocate funds in order to reap great returns for your investments.

Tom DelaRocca who was formerly working with CSI Capital management has now been elected as co-head of Sun Trust Bank’s San Diego branch. Dela rocca’s credentials speak for itself, he himself is a former Professional Baseball Player and has more than 10 years of experience in Wealth Management field. Joining him as co head is Billy Crafton who previously worked as an investor advisor for athletes at the office of Martin Kelly Capital Management. Using these two experienced Professionals, the bank plans to expand its services into areas such as personal loans, mortgages and Insurance for their clients.

Apart from sports and other facilities, the bank also plans to branch out into the offering tier services to high profile celebrities based in Los Angeles. The Managing director at SunTrust pegs the bank’s growth at around 20 percent every year.

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