Citizens Bank Wealth Management has signed on with Chicago-based EnvestnetPMC to provide that firm's separately managed account platform. The tryst and wealth management arm of Citizens Banking Corp. plans to offer the EnvestnetPMC platform to offer additional mutual funds and fund families to its clients. It will also offer EnvestnetPMC's research and portfolio modeling.

"Our mutual fund research and recommendations are geared toward matching investors with the right type of portfolio solution," said Donald Frerichs, vice president, Investment Management, EnvestnetPMC. "It is important that investors are well-diversified, not overexposed with risk and that they own very good mutual funds that will best meet their long-term goals."

Citizens operates 188 branch, private banking, and financial center locations throughout Michigan, Wisconsin, Iowa, and in suburban Chicago, Illinois. The company manages over $2.5 billion in trust assets.  

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