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SunTrust's Asset Management Advisors Opens Second Atlanta Office and Expands Greenwich Office

PRNewswire-FirstCall
ATLANTA
Oct 20, 2004

Asset Management Advisors (AMA), a multi-family office and affiliate of SunTrust Banks, Inc. , today announced the opening of its second Atlanta office and the expansion of its office in Greenwich.

David Bokman, President of AMA-Atlanta, which includes the Vinings office AMA opened in April 2002, has hired Susan Parsons to lead the new Atlanta office.

Bokman said the second office, located in the Prominence Building in Buckhead, will accommodate AMA's rapid growth in the Atlanta area. "AMA's success has been based on a commitment to have no more than 20 families serviced by each client service team. This is part of how we preserve a true family office environment for our clients."

Parsons, formerly a partner with Ernst & Young's Personal Financial Counseling practice, said she was attracted to AMA's unique model and the purity of the firm's advisory approach. "We do what is in the best interest of our clients," she said. "No client service professional is paid on commission."

AMA also announced it has added two professionals to its Greenwich office. Patricia Angus joins as Family Wealth Advisor, responsible for relationship management and the delivery of AMA's wealth management model. Donna Morrell joins AMA as Wealth Management Strategist, responsible for new business development.

"We are thrilled that these two seasoned professionals have joined AMA as we continue to build our unique multi-family office service model -- assisting wealthy families to develop and grow their human, intellectual and financial capital. This continues AMA's tradition of hiring the best in the industry," said Elizabeth Mathieu, President of the Greenwich office.

Prior to joining AMA, Angus was President of Angus Advisory Group LLC, an independent philanthropy and family governance consulting and educational firm. She has spent her entire career advising and assisting high net worth individuals and families worldwide on all aspects of wealth transfer and preservation.

Morrell joins AMA after a long and distinguished career in investment banking. Most recently she was Managing Director and head of Asset Management Client Group for ABN AMRO Inc., in New York.

AMA is a multi-family office with customized, objective wealth management solutions for high net worth individuals and their families. Founded in 1989 and headquartered in Palm Beach, Fla., Asset Management Advisors maintains local offices in Palm Beach, Orlando, and Miami, Fla.; Washington, D.C.; Greenwich, Conn.; and Charlotte, N.C., in addition to its Atlanta offices. Internet address is http://www.amaglobal.com/ .

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest commercial banking organizations. The company operates through an extensive distribution network primarily in Florida, Georgia, Maryland, North Carolina, South Carolina, 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/ .

SOURCE: SunTrust Banks, Inc.

CONTACT: Judy Martel of Asset Management Advisors, +1-407-581-6917