Citizens Bank announced that it will offer digital investing capabilities for consumers through its affiliate Citizens Investment Services, as part of its growing Wealth Management platform.
The service, expected to be available in early 2017, will be offered through an agreement with SigFig, a leading wealth management technology provider.
The service, expected to be available in early 2017, will be offered through an agreement with SigFig, a leading wealth management technology provider. Citizens operates branches in the state’s three counties.
The digital investment service will integrate with Citizens’ online banking platform, and complement the tailored, advice-based services currently available from Citizens Investment Services financial consultants.
The service is the latest in a continued series of digital investments by the bank.
“Citizens is committed to leveraging innovative digital technologies that create better end-to-end experiences in the areas that matter most to our customers,” said Bruce Van Saun, CEO, Citizens Financial Group, Inc. “We believe our focus on continuing to thoughtfully integrate digital technologies into our overall suite of financial products and services will drive greater value for customers by providing clear information, on-demand access and even greater personalization.”
After completing an initial online assessment to determine goals and risk tolerance, customers may choose to utilize a free investment check-up that provides an assessment of their existing investments and specific investment recommendations on their portfolio. Alternatively, they can select a paid service, in which the platform directly manages investments, optimizes assets upon account opening and maintains investments over time, in line with the customer’s personalized objectives.
To learn more about Citizens Wealth Management visit the Citizens Bank website.
