Citi Wealth Names Adam Clark Wealth Planning Chief After He Led 500 at J.P. Morgan
Updated
Updated · PLANADVISER · Aug 14
Citi Wealth Names Adam Clark Wealth Planning Chief After He Led 500 at J.P. Morgan
2 articles · Updated · PLANADVISER · Aug 14
Summary
Adam Clark will join Citi Wealth in November as head of wealth planning, leading the global team from New York and reporting to global investments head Keith Glenfield.
Clark arrives from J.P. Morgan, where he had served since 2016 as global head of trusts and estates, overseeing six operating entities and a 500-person team.
His hire gives Citi a nearly 30-year banking veteran with experience across tax, estate, trust and wealth planning, including seven years in senior roles at Goldman Sachs.
The appointment was part of a broader wave of financial-services leadership moves, including changes at Arden Trust, Manulife John Hancock Retirement, Edelman Financial Engines, New York Life and Retirement Plan Advisors.
With Citi aggressively poaching J.P. Morgan’s top trust executive, what hidden strategies are secretly driving this escalating war for ultra-wealthy clients?
As financial giants simultaneously hire top trust experts and Chief AI Officers, are they betting on human empathy or autonomous machine efficiency?