Bank of America Corp.
|NUMBER OF ADVISORS|
|1||Bank of America Corp.||18,688|
|2||JPMorgan Chase & Co.||2,504|
|3||Wells Fargo & Co.||15,000|
|4||PNC Financial Services Group||2,757|
One may also ask, is Truist a good bank?
In addition, GOBankingRates named Truist Bank the Best Regional Bank of 2021 in its annual Best Banks rankings.
In respect to this, what is a BB&T Wealth client?
As a BB&T Wealth client, you have access to an outstanding suite of premier banking services that offers preferred rates, provides convenient access to your funds and keeps your money working for you around the clock.
Is a wealth manager worth it?
A wealth manager is worth it if they add value, monetary or otherwise. They can increase returns and provide financial advice. They aren’t worth it if they charge more than the value they provide, if you like controlling your own money, or if you have simple investments.
Wealth managers normally earn their income by charging a percentage of the assets they manage—generally around 1% annually, but it depends on the firm. If you have $5 million worth of investments with a wealth manager who charges a 1% fee, you‘d pay them $50,000 in commissions to advise you each year.
BB&T and SunTrust completed their merger to form Truist on Dec. 9, 2019. “This is a historic moment for Truist – a financial services organization created from two companies with shared values and a deep commitment to building a better future for our clients and communities,” said Truist Chairman and CEO Kelly S. King.
|Issuer||A / A-1||A+ / F1|
|Deposits||See issuer rating||AA- / F1+|
|Predecessor||BB&T Corporation SunTrust Banks|
|Founded||1872 (as BB&T) 2019 (as Truist)|