TriState Capital Bank announced that Scott Gundersen has joined the company as senior vice president, relationship manager of Private Banking. In this role, Gundersen is responsible for managing relationships and driving new business opportunities with regional broker/dealer firms.

"We’re thrilled to welcome Scott to our Private Banking team as we continue growing our nationwide coverage and investing in our deep and trusted relationships," stated Brian Fetterolf, president and CEO of TriState Capital Bank. "His addition to our team further strengthens TriState Capital’s standing as a leading provider of securities-based loans with independent financial advisors for their clients."

Gundersen has over 30 years of investment experience and joins TriState Capital after working at Federated Hermes as senior regional consultant. He spent nearly 26 years actively developing relationships with financial advisors at numerous broker/dealer firms throughout the Mid-Atlantic.

"Scott’s wealth of experience in tailoring financial solutions for esteemed advisors to high-net-worth clients makes him an asset to our team," said Richard Boyd, TriState Capital Bank, head of Broker/Dealer Sales, Private Bank. "He will play a crucial role in cultivating and maintaining relationships on key accounts with broker/dealer firms throughout the eastern part of the U.S."

Gundersen holds a Bachelor of Arts degree in finance and marketing from Duquesne University.