No commissions, no ads, no advice. This Fifth Third Private Bank profile draws only on public records, each linked so you can confirm it yourself.

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The short answer: is Fifth Third Private Bank a fiduciary?

Fifth Third Private Bank is a dual registrant: a fiduciary in its advisory programs, and held to the Regulation Best Interest standard in brokerage accounts, so the duty it owes you turns on which account you hold. Publicly, it files with the SEC as Fifth Third Wealth Advisors LLC (CRD #313015); this profile uses the Fifth Third Private Bank name throughout. According to its latest Form ADV (filed July 29, 2026), the firm reported $7.8 billion in regulatory assets under management for 1,498 clients, who together hold 2,121 accounts. Its Form ADV (Item 5.E) lists how its advisory business is paid: a percentage of assets under management and fixed fees. All of it sits on the public record, and confirming it for yourself takes only a few minutes. Get started with Truthifi

That dual registration is the reason the standard of care changes with the type of account you hold. In its advisory programs it acts as an investment adviser with a fiduciary duty. In brokerage accounts it acts as a broker-dealer under Regulation Best Interest (a best-interest obligation at the time of a recommendation, not a continuous fiduciary relationship). Our recommendation: before you rely on reviews or a sales conversation, ask the firm in writing whether each of your accounts is advisory or brokerage, and keep that answer with your statements.

What "fiduciary" means: a fiduciary is legally bound to place a client's interests above its own. (More on fiduciary duty)

Fifth Third Private Bank at a glance

✅ Verified from public filings, last checked October 5, 2026. Fifth Third Private Bank (SEC CRD #313015) is a fiduciary in its advisory programs, on a fee-based basis, with $7.8 billion in regulatory assets under management. Every figure below links to its primary source.

What	Fifth Third Private Bank	Source
SEC CRD	#313015	IAPD
Registration	Investment adviser and broker-dealer (dual registrant)	IAPD
Registered since	August 17, 2021 (SEC)	IAPD
Fiduciary?	Yes in advisory programs, Reg BI in brokerage	SEC Reg BI
Fee model	Fee-based: advisory fees (asset-based and fixed); brokerage costs are described separately	Form ADV Item 5.E; Form CRS
How it's paid (advisory)	A percentage of assets under management and fixed fees	Form ADV Item 5.E
Regulatory Assets Under Management	$7.8 billion (Form ADV filed July 29, 2026)	IAPD
Clients and accounts	1,498 clients holding 2,121 accounts (all discretionary)	IAPD
Employees	83 (58 in advisory roles)	IAPD
Ownership	Parent-owned	Form ADV Schedule A
Disclosures	Records may carry disclosure items (common at this size). Review them directly	IAPD
HQ	Cincinnati, OH	IAPD

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Fifth Third Private Bank fees: what you'll pay

Fifth Third Private Bank fees follow the same advisory-versus-brokerage split. In a brokerage account you generally pay commissions and product costs (mutual fund sales loads, markups, annuity commissions). An advisory program, by contrast, charges an asset-based fee rather than per-trade commissions, on top of the underlying fund expenses. According to its Form ADV (Item 5.E), the advisory side is paid through a percentage of assets under management and fixed fees. Brokerage costs are summarized in its Form CRS rather than in that item.

Fee-based means cost can come from both an advisory fee and commissions, depending on the account. If you want to compare that with a fee-only arrangement, see Fee-only financial advisor: costs and how to find one and Are you paying too much? Why that might be the wrong question.

Who owns Fifth Third Private Bank, and what conflicts does it disclose?

Here's who controls Fifth Third Private Bank, drawn straight from its filings. Fifth Third Private Bank is owned by Fifth Third Bank, National Association, according to Schedule A of its Form ADV. (Form ADV Schedule A)

Its Form ADV Part 2A describes the firm's conflicts of interest, including how it and its advisers are paid.

Fifth Third Private Bank SEC record: disclosures

To check Fifth Third Private Bank's regulatory record, start with the firm's own filings. Like most large firms, Fifth Third Private Bank's regulatory records may carry disclosure items. At that scale, the number of disclosures is not by itself a measure of wrongdoing or of the firm's quality. A higher tally mostly reflects how many people are registered, not how the firm has behaved. Bigger firms naturally accumulate more total items simply because more advisers are registered under their name. If something there concerns you, go read it directly at the source. Whatever Fifth Third Private Bank disclosures exist live on the public record. Reviewing them in their original context beats relying on a secondhand summary.

According to its Form ADV on file with the SEC (2026), the firm has been registered with the SEC since August 17, 2021, makes notice filings in 51 jurisdictions, and reports 83 employees, 58 of them in investment advisory roles. If you're asking "is Fifth Third Private Bank legit?", start with registration: a public CRD and filings anyone can pull. That confirms it's a real, regulated adviser, distinct from whether it's the right fit for your own accounts and fee tolerance. Whether it's right for you is a separate question.

Reading Fifth Third Private Bank reviews against the public record

Star ratings and client comments describe what working with a firm felt like. They usually don't show what the firm reports to regulators. Before you weigh Fifth Third Private Bank reviews, check three things this profile takes from the public record. First, how the firm is paid: advisory accounts and brokerage accounts are paid differently, so the standard that applies follows your account. Second, who owns it and what conflicts it discloses. Third, whether its Form ADV reports any disciplinary history. Read reviews alongside the record, not instead of it.

How to verify Fifth Third Private Bank yourself

Here's how to confirm all of it yourself in three steps, each taking about a minute:

1. Check the SEC adviser record (IAPD): https://adviserinfo.sec.gov/firm/summary/313015.
2. Read the filings (Form ADV / Form CRS): linked from the IAPD page.
3. Confirm the entity: match Fifth Third Private Bank (CRD #313015, legal name FIFTH THIRD WEALTH ADVISORS LLC) so you're reading the right firm.

To compare it with other firms checked the same way, browse the Truthifi /advisors hub.

What Fifth Third Private Bank does and who it serves

On its Form ADV, Fifth Third Private Bank reports providing financial planning, portfolio management for individuals, small businesses and institutions, selection of other advisers, newsletters, and educational seminars.

It reports providing financial planning to 101 to 250 clients in its last fiscal year (Form ADV Item 5.H), a count the form keeps separate from the client totals below.

According to its Form ADV (Item 5.D, 2026), its clients break down by type, 1,498 in all:

Client type	Clients	Assets managed
Individuals	860	$351.3 million
High-net-worth individuals	566	$2.98 billion
Pooled investment vehicles	3	$3.4 million
Pension and profit-sharing plans	3	$12.7 million
Charities	14	$962.7 million
State or municipal government entities	10	$1.18 billion
Insurance companies	1	$107.7 million
Corporations or other businesses	41	$2.20 billion

Those 1,498 clients hold 2,121 client accounts, since many clients hold more than one account. All of them are managed on a discretionary basis, meaning the firm can trade without seeking your approval first (Item 5.F). Its main office is in Cincinnati, OH.

The breakdown says more than the headline total. The 860 individual clients account for $351.3 million, while 566 high-net-worth clients account for $2.98 billion. Most of the money sits with wealthier and institutional clients. The filing's financial-planning client count for Fifth Third Private Bank is not shown here, so we can't say how many clients receive a formal plan versus portfolio management alone. If you're a smaller individual client, it's fair to ask how pricing and planning access differ for an account your size.

It reports that it or a related person has custody of certain client assets, which under SEC custody rules generally brings extra safeguards such as surprise examinations. The specifics are in its Form ADV.

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The hard part isn't checking the firm. It's seeing your whole financial life.

Confirming Fifth Third Private Bank is registered takes a few minutes. Seeing what it manages next to everything else you own is harder. The firm runs its accounts on a discretionary basis and reports custody of certain client assets, so its statements show its own holdings and trades. An old IRA held elsewhere, a spouse's portfolio and fees buried below a standard statement often sit outside that view. This is where Truthifi comes in.

How Truthifi can help

Truthifi links your accounts read-only and shows what you own, how it's allocated, how it's performing and where the risk sits, including single-stock exposure, returns next to a benchmark, a fee breakdown of the fees on each account, by type, and your Truthifi Score. You can share the accounts you choose with your advisor at Fifth Third Private Bank.

The one step we'd suggest first: run the free Monitoring Checkup with your Fifth Third Private Bank accounts linked next to the rest. If you later want your own AI assistant that supports MCP sign-in, such as Claude, a paid plan adds that; Truthifi Connect is the lighter membership for it, and the pricing page shows which plan covers fee questions. See how Truthifi keeps your accounts secure

Ask AI about your Fifth Third Private Bank accounts

Once your accounts are connected read-only, you can ask in plain English:

• "What do I own across my Fifth Third Private Bank accounts and everything else, and how is it allocated?"
• "What am I paying in fees across all of these accounts?"

Try it with Truthifi: start for free at app.truthifi.com and run a Monitoring Checkup (limits apply).

No commissions, no ads, no advice: Truthifi is not an investment adviser and doesn't give investment, tax or legal advice. Its access to your bank and brokerage accounts is read-only. Start free (limits apply). Monitoring Checkup is free. Link up to 10 connections, per Truthifi platform data. Plans and limits are on the pricing page → truthifi.com.

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FAQ

Is Fifth Third Private Bank a fiduciary? It depends on your account. In its advisory programs it acts as a fiduciary. In brokerage accounts it follows the SEC's Regulation Best Interest standard. Ask which type of account you have.

What are Fifth Third Private Bank's fees? They depend on the account. Brokerage accounts generally pay commissions and product charges. Advisory programs charge an asset-based fee instead of per-trade commissions, plus underlying fund costs. See the Form CRS.

Who owns Fifth Third Private Bank? Fifth Third Private Bank is owned by Fifth Third Bank, National Association, as listed in Schedule A of its Form ADV.

Does Fifth Third Private Bank have complaints or disclosures? Its regulatory records may carry disclosure items, as is common at its size. A disclosure is not proof of wrongdoing. Read any directly on BrokerCheck and the firm's Form ADV.

Is Fifth Third Private Bank legit? Fifth Third Private Bank is registered with the SEC (CRD #313015) and its filings are public on the SEC's IAPD site, which confirms it is a real, regulated firm. Registration doesn't tell you whether it's the right fit or what you'll pay, so read the fee and conflict sections of its Form ADV.

Can AI help me check whether I'm getting good value? Yes. Start free (limits apply): Monitoring Checkup is free and lets you link up to 10 connections. On a paid plan you can also connect an AI assistant you already use (such as Claude). On Monitoring or Monitoring Plus+ you can ask it, in plain English, about the fees on each of your accounts. Truthifi is not an investment adviser and doesn't give investment, tax or legal advice.

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About this profile

Truthifi built this profile from the firm's own SEC filings (Form ADV and, where filed, Form CRS). Every page is reviewed by the Truthifi Team before publishing. The Truthifi advisor fact packs are an ongoing series checking U.S. investment advisers against their public filings, one firm at a time.

Read next from the Truthifi blog

• What is a fiduciary?
• Fee-only financial advisor: costs and how to find one
• Are you paying too much? Why that might be the wrong question
• How to ask AI about your real investment accounts
• Robo-advisor vs. human financial advisor: which is better?
• All advisor fact packs on Truthifi

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A note on sources. The facts on this page come from publicly available documents, Fifth Third Private Bank's SEC and FINRA filings, each linked inline so you can verify it yourself (SEC data current as of October 5, 2026). This is general information, not financial or legal advice, and Truthifi is not affiliated with Fifth Third Private Bank. Regulatory records change, so always confirm against the official sources linked above. Spot something that should be corrected? Email us at support@truthifi.com.

One last thing to watch: the standard of care attaches to the account, not to the relationship. It can shift when an account is rolled over, converted from brokerage to advisory, or opened for a new goal, so ask the advisory-or-brokerage question again each time one of those happens.