Credit Suisse Names William I. Woodson Head of Family Wealth Management for Private Banking USA
Credit Suisse has announced that William I. Woodson has joined the Bank as a Managing Director and Head of Family Wealth Management for Private Banking USA. In this role, Mr. Woodson will be responsible for leading the Chicago-based Family Wealth Management group, which provides family office services to high-net worth clients and families, including: wealth planning, investment management, tax, trust and inter-generational wealth transfer strategies. He will be based in Chicago and report to Paul M. Simons, Managing Director and Head of the Client Solutions Group for Private Banking Americas.
“Bill has a long and successful history in serving the complex needs of individuals and families of significant wealth,” said Mr. Simons. “He will be instrumental in leading the group to expand our offering and delivery to this important client segment. We are delighted to have him join Credit Suisse.”
Mr. Woodson joins Credit Suisse from Merrill Lynch, where he was a Senior Partner on a private wealth advisory team focused on providing ultra-high net worth individuals and families with investment consulting, risk management, tax, estate and philanthropic strategic planning. Prior to joining Merrill Lynch, he was a Managing Director at myCFO and managed one of the firm’s largest tax, estate and multi-family office practices.
Mr. Woodson holds a Bachelors of Arts in Economics from University of California, Irvine and a Masters of Science in Accounting from New York University, Stern Graduate School of Business.
Credit Suisse Private Banking USA operates out of 12 offices across the United States and works with a select number of wealthy individuals and family groups to provide a high degree of personalized service. Private Banking USA works closely with all areas of Credit Suisse, providing clients with many of the same resources and services offered to the Bank’s largest and most sophisticated institutional investors.
Credit Suisse
As one of the world’s leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 40,000 people. Credit Suisse’s parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group’s registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CSR), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
Private Banking
In Private Banking, Credit Suisse provides comprehensive advice and a broad range of investment products and services tailored to the complex needs of high-net-worth individuals globally. Wealth management solutions include tax planning; pension planning; life insurance solutions; wealth and inheritance advice, trusts and foundations. In Switzerland, Credit Suisse supplies banking products and services to private banking clients as well as to business and retail clients.
Credit Suisse Securities (USA) LLC is an indirect subsidiary of Credit Suisse. The Private Banking USA business in Credit Suisse Securities (USA) LLC is a U.S. regulated broker dealer. It is not a chartered bank, trust company or depository institution. It is not authorized to accept deposits or provide corporate trust services and it is not licensed or regulated by any federal banking authority.