TotalBank has announced the creation of a new division, Private Client Group, and the appointment of Jay Pelham as its Executive Vice President. Pelham will be responsible for overseeing the Private Client Group division that also houses the Bank’s Total Wealth Management. Private Client Group will also include concierge banking, lending, and wealth management to high-net-worth individuals and professionals.
In his new position, he will also service and enhance existing private client relationships and develop profitable relationships with new clients, targeting professionals and high-net-worth individuals.
Pelham was most recently at Gibraltar Private Bank & Trust as Executive Vice President of Private Banking. He began his financial services career at SunTrust Bank more than 25 years ago in commercial lending, later transitioning to private banking in 2000 as the Private Banking Manager for Miami-Dade County.
Pelham graduated magna cum laude from the University of Tennessee with a bachelor’s degree in economics. He is also a certified financial planner and holds licenses in life, health and variable annuities