Flagstar Private Bank Enhances Wealth Planning Services

Flagstar Private Bank Enhances Wealth Planning Services

SimplyTrustSimplyTrust Editorial·December 10, 2025·Updated December 12, 2025·2 min read

Discover how Flagstar Private Bank is reshaping wealth planning services and what it means for your estate planning.

Is your estate plan as robust as it could be? With recent changes in wealth management services, it’s time to take a closer look at how institutions like Flagstar Private Bank are reshaping the estate planning landscape. In December 2025, Flagstar announced the launch of two new wealth-planning services: Family Advisory, Trusts, and Estate Planning as well as Insurance. This initiative reflects a significant investment in private client services, aiming to meet the diverse needs of clients across the United States.

At the helm of these new services is Carly Doshi, who has been appointed as executive vice president and head of Family Advisory, Trusts, and Estate Planning. Doshi’s expertise will cover crucial areas such as income and estate planning, wealth transfer, and family governance. Additionally, Irene Bowers Blumberg will lead the insurance division, further enhancing Flagstar’s offerings. This dual focus speaks volumes about the importance of a comprehensive approach to wealth management.

Flagstar’s expansion is particularly noteworthy because it aims to cater to a broader audience, with a regional operating model covering the Northeast, Southeast, and West. These regions are home to a diverse client base, and Flagstar is positioning itself to provide tailored solutions that address both business and personal financial needs. According to Rich Raffetto, Flagstar’s SEVP, these appointments reflect a commitment to building a relationship-centered client experience.

The growing complexity of wealth management in today’s world means that clients need more than just basic estate planning. They require a strategic partner who understands the nuances of philanthropy, family office advisory, and financial planning. As regulatory landscapes evolve and personal financial situations become more intricate, having specialized guidance can make a significant difference in effective estate management.

As you consider your own estate planning needs, it may be worth exploring how such emerging services can enhance your strategy. Whether you’re in New York or California, the right advice can help ensure that your wealth is preserved and passed on according to your wishes. Don’t hesitate to reach out to wealth management experts to discuss how you can optimize your estate plan today.

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