Citi Wealth targets tech employee wealth

Citi Wealth has partnered with Palantir Technologies Inc., a global leader in artificial intelligence (AI) and data platforms, to provide tailored wealth management and financial planning, reflecting growing demand for workplace wealth solutions among technology professionals.

Through this offering, known as Citi Wealth AscendSM, Citi will provide eligible Palantir employees with access to a dedicated team of wealth advisors, financial education and a suite of wealth management solutions designed to empower Palantir’s workforce to navigate complex compensation structures and achieve their wealth ambitions. Citi Wealth Ascend is designed to provide employees with access to several key services, including investing, wealth and financial planning, lending and banking.

“We’re proud of the strong relationship we’ve built with Palantir,” said Andy Sieg, head of Citi Wealth. “As Palantir continues to attract some of the world’s most innovative talent, it’s our privilege to help these employees confidently navigate the complexities of their financial lives. Citi Wealth Ascend combines personalised guidance, education and wealth management solutions to help Palantir employees make informed financial decisions and make the most of the opportunities they’ve worked hard to create.”

Kris Bitterly, head of Citi Global Wealth at Work, Citi Wealth added: “We wanted to build something customised and fundamentally different for Palantir, a framework tailored entirely to the unique financial complexities they navigate. By fusing Citi’s global scale with a deep understanding of the Palantir experience, we have created an ecosystem across banking, lending, investing and wealth and financial planning built for them based on their direct insights and feedback and partnership with the Palantir management team. We are incredibly proud of what our teams have designed together, and this is just the first step in our shared journey.”

Citi Wealth is committed to best-serving clients at all stages of their wealth journeys, and this partnership reflects the firm’s continued commitment to deliver that capability in the workplace. By investing in the financial well-being of its workforce, Palantir is reinforcing its commitment to its employees and positioning financial wellness as a key component of the employee experience.

Re-disseminated by Wealth and Society