GenSpring Expands Florida Leadership Team

JUPITER, Fla., Nov. 5, 2015 /PRNewswire/ -- GenSpring Family Offices, a leading wealth management firm for ultra-high net worth families, has named Carlos Carreño managing director of its Florida East Region.

GenSpring's Florida East Region serves families throughout eastern and southeast Florida, including Jupiter, Palm Beach and Miami. Carreño is based in GenSpring's Miami family office. Recently, Jim Brennan was named managing director of the Florida West Region, overseeing GenSpring's Orlando, Tampa Bay and Sarasota family offices.

"GenSpring was founded in Florida more than 25 years ago to serve the diverse needs of ultra-high net worth families," said Willem Hattink, CEO of GenSpring. "By concentrating on families in their respective regions, our teams will form even stronger relationships with those we serve."

Prior to joining GenSpring, Carreño led International Wealth Management for SunTrust Private Wealth Management. In this role, he managed SunTrust teams focused on serving the needs of clients and families maintaining a second residency in the United States. Carreño has expertise in domestic and international wealth management, and is proficient in the cross-border regulatory environment, as well as issues impacting non-resident aliens. He has more than 20 years of experience in senior management positions within SunTrust Banks, Kroll and Barclays.

Carreño is a Certified Professional in AML and an active member of the Florida International Bankers Association. He is a graduate of the University of Central Florida.

About GenSpring Family Offices
Founded in 1989, GenSpring Family Offices, an affiliate of SunTrust Banks, Inc. (NYSE: STI), is a leading wealth management firm for ultra-high net worth families. Once limited to a few of the world's wealthiest families, the benefits of the family office are rapidly becoming known to a wider circle of ultra-high net worth clients. GenSpring was named 2012 Best Overall Multi-Family Office by Private Asset Management magazine, ranked as one of the top three Fee-Only Advisors in America on Forbes' 2013 list of RIA Giants and for four consecutive years has been ranked as one of the top 20 family offices in the world by Bloomberg (2011, 2012, 2013, 2014). For more information on GenSpring Family Offices, please visit www.GenSpring.com.

SOURCE GenSpring Family Offices

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