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Alexander Key Investments' Richmond Office Opens; Attracting Additional Private Wealth Advisors

PRNewswire
ATLANTA
Jul 22, 2002

Alexander Key Investments, the full- service retail brokerage division of SunTrust Capital Markets, is officially open for business at 100 Shockoe Slip in Richmond, Virginia, with eight private wealth advisors providing comprehensive investment services for corporate, executive and individual clients.

"We are off and running with an outstanding team," said David A. Lanshe, Alexander Key Investments' senior vice president and head of the new Richmond office. "As evidence, our two most recent additions, John B. Lewis, senior vice president, and Joseph W. Bartholomew, III, vice president, further strengthen our extensive experience in serving high net worth customers in Richmond. We are delighted to welcome them to Alexander Key." Both previously worked for a large investment firm in Richmond.

SunTrust Banks announced the acquisition of Deutsche Bank Alex. Brown's Richmond office in May 2002. The office has reopened as Alexander Key Investments and in addition to Mr. Lanshe has retained five private wealth advisors who were already on staff. All first vice presidents, the retained advisors include: Bob Priddy, Keith R. Dull, Bruce R. Arnett, Garry Clay and George R. Turner.

Combined, Alexander Key Investments' Richmond private wealth advisors have more than 200 years experience. "A guiding principle of Alexander Key Investments is to hire the very finest investment professionals who are looking for something more," Mr. Lanshe said. "With this depth of experience and expertise, we offer a distinct advantage in helping high net worth individuals manage their business and personal financial affairs -- which often are intertwined."

Clients of the firm have access to services specifically tailored for high net worth individuals, including asset management; financial and estate planning; mutual funds; insurance; annuities; alternative investments, investment banking and corporate retirement planning.

In addition to the new Richmond location, Alexander Key Investments currently operates offices in Atlanta and Nashville. Other cities initially targeted include Washington D.C., Orlando, Tampa/St. Petersburg, Miami/Fort Lauderdale and Jacksonville, among others. To help build its business, Alexander Key Investments is leveraging SunTrust's existing presence and established contacts in these markets.

SunTrust Banks, Inc., headquartered in Atlanta, Georgia, is one of the nation's largest commercial banking organizations. As of June 30, 2002, SunTrust had total assets of $108.0 billion and total deposits of $71.7 billion. The company operates through an extensive distribution network in Alabama, Florida, Georgia, Maryland, Tennessee, Virginia and the District of Columbia and also serves customers in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the company provides credit cards, mortgage banking, insurance, brokerage and capital markets services. SunTrust's Internet address is http://www.suntrust.com/ .

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SOURCE: SunTrust Banks, Inc.

CONTACT: Hugh Suhr of SunTrust Corporate Communications,
+1-404-827-6813