Robert R. Hogan
President & CEO

• Adding 15 new bank wealth platforms, bringing the total number of Capitol Wealth Advisor platforms to 22.

• Completing the conversion of our full-service brokerage business onto the platform.

• Rolling out myWEALTH, our new online discount brokerage trading application, to all of the banks and customers within the Capitol affiliate network. 

• Enhancing our support infrastructure by establishing new financial and management reporting processes, developing a wealth management website, as well as broadening our compliance, risk and control environment.

Progress will accelerate in 2007.

We continue on a path of establishing wealth programs at each of the Capitol affiliate banks.  As such, our plans consist of adding more than 24 new Capitol Wealth Advisor representatives at these banks. In addition, we will continue the development of a national trust company (Capitol Wealth Trust) that will expand our trust product and service offerings to support all affiliate banks and their clients. 

In meeting our goals for 2007 and beyond, we have assembled a talented, experienced team of professionals.  Specifically, we have created two new roles:

• a strategic acquisition director to acquire local insurance and asset management firms around the communities where our individual banks exist; and,

• a product and business development director to help grow our existing wealth program business as well as better integrate brokerage, trust, insurance, and asset management products and services.

Capitol Wealth is excited about furthering the evolution of Capitol Bancorp’s service-oriented business model.  Through our wealth management activities, customers are provided a complete array of advice, service and products.  Although we provide all the services of a bigger institution, we still build personal relationships with each and every client.  As with Capitol Bancorp’s banks, we are deeply rooted members of communities – which is why we are a perfect complement to all the traditional banking services and relationships our community banks are known for providing.

~ Robert R. Hogan, President & CEO