Regions Bank Hires Veteran Wealth Executive Thom Smith for Southeast Expansion
Event summary
- Regions Bank appointed Thom Smith as Private Wealth Regional Executive for Georgia and the Carolinas, effective July 14, 2026.
- Smith brings over 30 years of wealth management experience, most recently from Fifth Third Private Bank.
- He will oversee teams providing comprehensive wealth management services across major Southeastern markets.
- Regions aims to strengthen client service and drive growth in regions with high demand for consultative wealth management.
The big picture
Regions Bank's hire of Thom Smith underscores its strategic focus on expanding Private Wealth Management in high-growth Southeastern markets. The move comes amid increasing demand for consultative wealth management services driven by population trends, business formation, and generational wealth transfers. With $161 billion in assets, Regions is positioning itself to capture a larger share of the high-net-worth client segment through tailored financial solutions.
What we're watching
- Market Penetration
- How Smith's leadership will accelerate Regions' market share in high-net-worth client segments across Georgia and the Carolinas.
- Team Performance
- Whether Smith can replicate his track record of building high-performing teams at Regions.
- Strategic Integration
- The pace at which Regions integrates its Private Wealth Management services with Consumer and Commercial Banking under the Regions360 approach.