Key Wealth is part of a bank that has a strategy covering a range of wealth management spheres, such as trust and investment management, and banking services for individuals, families, business owners and institutions.

Key Wealth, the wealth management business of KeyBank and Envestnet, have expanded their multi-relationship. 

As a result of the collaboration, Key Wealth advisors will have access to a wealth management platform that keeps up with increasingly complex financial needs.

The platform's expanded capabilities will support areas such as ensuring a digital client experience, integrated financial planning, and portfolio management and analytics.

"By leveraging Envestnet's comprehensive capabilities and platform, we're positioning our advisors in the best way possible to address and solve for the financial needs of their clients and deliver the most holistic wealth planning experience,” Joe Calabrese, chief operating officer at Key Wealth, said.

In July last year, this news service spoke to Joe Skarda, president of Key Wealth, about the Cleveland, Ohio-headquartered bank’s strategy. 

Key's business strategy includes providing trust and investment management, as well as institutional trust and banking services for individuals, families, business owners and institutions across the wealth spectrum. Within the Key Wealth group, Key Private Client is a mass-affluent business ($250,000 to $2 million in investible assets); Key Private Bank is the HNW segment ($2 million to $10 million); Key Family Wealth covers clients with $10 million-plus, and there is the Institutional Advisory business.