Citi Private Bank has hired Northern Trust Managing Director Perry Brown to serve as a managing director and private banker in Palm Beach, Fla.
Brown is scheduled to join Citi on Monday, July 11, and will report to Mark Maller, the head of Citi Private Bank in Florida.
Brown most recently served as managing director in wealth advisory services for the Palm Beach, Fla. region at Northern Trust, and served in various positions at the firm since he first joined in 1999. Before that, he served as a relationship manager at Wachovia in Palm Beach, Fla. and as a lieutenant commander with the U.S. Navy Reserve.
Citi Private Bank provides services including banking, investments, lending and family wealth planning and targets ultra high net worth clients with $25 million or more in investable assets.