Citi Private Bank announced on Tuesday that William Woodson will join the firm in June as Managing Director and Head of the North America Family Office Group. Mr. Woodson will be based in West Palm Beach, FL and report jointly to Peter Charrington, CEO, Citi Private Bank, North America, and Catherine Weir, Global Head of Family Office Group, Citi Private Bank.
Stephen Campbell, formerly head of the group, has been named Chairman for the North America Family Office Group. In this role, Mr. Campbell will focus on advising the firm’s largest family office and foundation clients in North America and globally.
Mr. Campbell joined Citi in 2011 to build out the Private Bank’s North America family office platform. Since that time the business has grown its AUMs exponentially, becoming a significant part of the firm’s overall offering. Mr. Campbell has more than 25 years of diverse financial industry experience prior to joining Citi, having led investment management and technology organizations for Fidelity Investments in the U.S, Europe and Asia; founding as well as investing in early stage venture companies; and as Chief investment Officer of a family office.
Mr. Woodson joins Citi from Credit Suisse where he was Head of the Ultra High Net Worth and Family Office Business for the North American Private Bank. A tax professional by training, Mr. Woodson spent a decade in public accounting with both Coopers & Lybrand and Arthur Andersen before leaving to run the family office for one of his largest clients. Mr. Woodson was a founding member and Managing Director of myCFO and worked as a private banker with the Merrill Lynch Private Banking and Investment Group before joining Credit Suisse in 2007 to lead the firm’s Multi-family Office Practice and Wealth Planning Group.
Mr. Woodson holds a BS degree in Economics from the University of California and a MS degree in Accounting from New York University. «In Steve and Bill we have two exceptional family office resources for our clients. Steve has done a remarkable job leading this key business unit in the past three years and we look forward to its continued growth with Bill at the helm. We recognize that Family offices are as unique as the families they serve and our team’s mission is to help ensure the success of each individual family office we serve,» said Peter Charrington, Citi Private Bank.
«I look forward to helping address the evolving needs of Citi’s family office clients by providing the tailored investment, lending, banking and advisory services they need, and to building lasting relationships with new family office clients who can benefit from Citi’s vast global network of expertise, strategies and services,» said Woodson.