Family Office

Fulton Financial Advisors ups Hanson to chairman

FWR Staff April 22, 2008

Fulton Financial Advisors ups Hanson to chairman

Pennsylvania holding company looks to continue push of its WM capabilities. Lancaster, Pa.-based community-bank holding company Fulton Financial Corporation has made David Hanson chairman of its wealth-management division Fulton Financial Advisors -- a position we'll hold in conjunction with his responsibilities as CEO of the same unit, which provides investment-management, brokerage and trust services to private clients.

As chairman of Fulton Financial Advisors, Hanson replaces Richard Ashby Jr., who retired at the end of March 2008.

A year later

"[Hanson] has very strong leadership skills and a clear vision for how to best deliver comprehensive financial services in the areas he oversees," says Fulton Financial Corporation's chairman and CEOScott Smith. "As we have worked with Dave to enhance our company's capabilities, expertise and services, we have seen firsthand the importance of a strong delivery of wealth-management and brokerage services, both to our clients and also to our corporation's financial performance."

Hanson joined Fulton Financial from Atlanta-based SunTrust Banks in May 2007.

Fulton Financial Advisors provides personal-trust, estate-planning, wealth management, retirement services, brokerage, insurance, endowment-management, cash-management and private-banking services. It has six offices in Pennsylvania, two in New Jersey, two in Maryland and one in Delaware.

Fulton Financial Corporation owns10 community banks operating in 260 branches in Pennsylvania, New Jersey, Maryland, Delaware and Virginia. -FWR

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