Synovus Strengthens Leadership at The Family Office

Synovus Announces New Leadership for The Family Office

Synovus Bank has appointed Walt Deriso as the new CEO and Hamilton Hilsman as president of The Family Office (TFO). This significant leadership change aims to enhance the direction and growth of TFO, emphasizing the importance of strengthening client relationships and expanding service offerings.

Leadership Focus on Client Relationships

Deriso, who has dedicated nearly a decade to Synovus, previously served as the senior vice president and director of strategic growth and family office solutions for TFO. His extensive background positions him well to lead TFO into a new era. Hilsman brings over 30 years of financial services expertise to his role, having spent 28 of those years with Synovus. His journey with TFO began in 2004 as a relationship manager and he became a director in 2007, showcasing his deep dedication to the organization.

Goals and Vision

Wayne Akins, the executive vice president and chief community banking and wealth services officer, expressed confidence in the new leadership. He stated, "Walt and Hamilton have keen insight into our clients' needs and the demonstrated ability to build strong, trusting relationships. Their leadership and vision mark an exciting new chapter for The Family Office, as we grow our client offerings while maintaining the industry’s best client experience." This forward-thinking approach reflects Synovus' commitment to tailoring services to the unique desires of ultra-high-net-worth families.

Deriso's Experience in the Industry

With a wealth of experience in the family office and banking sectors spanning over 25 years, Deriso is well-versed in startup formation, capital raising, and mergers and acquisitions. He plays an active role in the Atlanta community as chair of the Collective Learning Academy board and is the commissioner and coach for Buckhead Buddy Baseball. His academic credentials include an MBA from the University of Georgia and a bachelor’s degree from Vanderbilt University.

Hilsman's Contributions to Wealth Management

Hilsman, a prominent speaker on issues concerning multi-generational families, contributes significantly to discussions in the wealth management and family office arenas. His commitment to community is evident through his role as chair of the Piedmont Columbus Regional Foundation and his position on the board of the 1909 Preservation Society. Like Deriso, Hilsman holds an MBA and a bachelor's degree from the University of Georgia.

About Synovus Bank

As a Georgia-chartered and FDIC-insured institution, Synovus Bank offers a range of banking services encompassing both commercial and consumer needs. They provide various specialized products including wealth services, treasury management, mortgage services, and international banking options. Synovus operates branches across several states, including Alabama, Florida, and Tennessee, and is recognized as a Great Place to Work-Certified Company. Their dedication to client satisfaction and community involvement enhances their standing in the financial services industry.

About The Family Office at Synovus

Founded in 1947, The Family Office at Synovus dedicates itself to assisting ultra-high-net-worth families in reaching their financial and family goals. With a capable team of 45 professionals managing $11.0 billion in assets under administration, TFO offers comprehensive solutions in investment management, wealth strategies, and fiduciary services. The team's personalized approach fosters deep connections with clients, creating tailored strategies that address diverse challenges and aspirations faced by families. Synovus stands as a reliable partner for families both domestically and internationally.

Frequently Asked Questions

What is the primary role of Walt Deriso at The Family Office?

Walt Deriso serves as the CEO, focusing on guiding TFO's strategy, enhancing client relationships, and expanding services.

How long has Hamilton Hilsman worked at Synovus?

Hamilton Hilsman has over 30 years in financial services, with 28 of those years spent at Synovus.

What does The Family Office at Synovus specialize in?

The Family Office specializes in providing investment management and fiduciary services to ultra-high-net-worth families.

How many assets does The Family Office at Synovus manage?

TFO manages approximately $11.0 billion in assets on behalf of its clients.

What is Synovus Bank's reputation in the community?

Synovus Bank is recognized as a Great Place to Work-Certified Company, highlighting its commitment to employee satisfaction and client service.

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