First Citizens Wealth Strengthens Team in Northern California with New Appointment
RALEIGH, N.C. – November 12, 2025 – First Citizens Wealth, a prominent division of First Citizens Bank dedicated to serving high-net-worth individuals and institutions, has announced the appointment of Lee Erby as the Northern California Market Leader. Operating from San Francisco, Erby will report directly to Art Saldivar, Senior Director of Regional Wealth for California, overseeing a team of skilled wealth consultants.
Lee Erby’s Role and Responsibilities
In his new role, Erby will focus on expanding the team that caters to the financial needs of various clients, including high-net-worth families, entrepreneurs, innovators, corporations, and nonprofits throughout Northern California. Under his leadership, First Citizens Wealth aims to provide an extensive suite of services, such as wealth planning, investment services, banking, lending, and trust and fiduciary services.
Commitment to Local Community
Art Saldivar praised Erby’s strong local ties and dedication to the community, stating, “Lee’s extensive leadership experience in wealth management, combined with our in-depth expertise serving the individuals behind the innovation economy, creates a powerful synergy. We are confident this collaboration will drive client success for generations and bolster our growth in the region.”
Erby’s Wealth Management Experience
Bringing over 20 years of expertise in wealth management and private banking, Erby has previously held senior positions at prestigious institutions, including Bank of America Private Bank, Merrill Lynch, and Citi Private Bank. He is a graduate of the California Maritime Academy, earning a degree in business administration, followed by an MBA from Saint Mary’s College of California.
First Citizens Bank Presence in Northern California
First Citizens Bank has established a strong foothold in the greater Bay Area, operating six branches and employing over 1,000 individuals, including more than 80 under the First Citizens Wealth division. The Bank, along with its Silicon Valley Bank division, has been a staple in Northern California for over four decades.
About First Citizens Wealth
First Citizens Wealth provides a comprehensive range of financial services, including private banking, brokerage, asset management, insurance, and trust services, aimed at both individual and institutional clients. To learn more, visit First Citizens Wealth.
About First Citizens Bank
Headquartered in Raleigh, N.C., First Citizens Bank has built a legacy of financial strength and stability across generations. As a leading U.S. financial institution with over $200 billion in assets, First Citizens Bank offers diverse banking services, commercial banking expertise, and innovation banking support for businesses at all stages. More information can be found at First Citizens Bank.
Conclusion
The appointment of Lee Erby as Northern California Market Leader signals First Citizens Wealth’s commitment to enhancing its services in the region. By leveraging Erby’s vast experience and the bank’s robust local presence, First Citizens Wealth is poised to further enrich its support for clients and contribute to the innovation economy in Northern California.
For additional details on this announcement, refer to the original press release here.
