Annamaria (Anna) Vitelli is executive vice president and Head of PNC Private Bank Hawthorn®, a premier multi-family office dedicated to serving the needs of ultra-high-net-worth individuals, families and their advisors. As Head of PNC Private Bank Hawthorn, Anna is responsible for all facets of the Hawthorn client offering, including Wealth Strategy and Sustainability, Investment Management and Consulting, Family Office Services and Administration, and Philanthropy and Impact. In addition, she oversees the Hawthorn Institute for Family Success, which provides peer-to-peer Experiences and customized family programs with the goal of preparing families for multi-generational wealth. Anna also leads our thought leadership content strategy, providing clients with value added resources to help guide them through all of their wealth management needs, including family business succession, family wealth transfer, philanthropy, family dynamics and governance and risk management.
Anna brings more than 20 years of wealth management strategy and legal experience to her role. Most recently, Anna served as the Head of Wealth Strategy for Wealth Management, leading a team of highly credentialed and experienced Wealth Strategists who work with clients to help them achieve their financial, estate, tax and philanthropic goals. Since joining PNC in 2007, she has served in a number of leadership positions including Managing Director of Integrated Client Delivery, and Managing Director of both Greater Maryland and Greater Washington. In addition, she practiced law in the Trusts and Estates departments of both Fox Rothschild and Cozen O’Connor. Anna has spent time at Arthur Andersen as a Manager in their Private Client Services Group, at Vanguard as a Wealth Planner and at a Philadelphia based family office where she helped to establish their Wealth Sustainability practice.
Anna is an attorney licensed in Pennsylvania and New Jersey. She holds a LLM in taxation from Temple University School of Law, where she also received her Juris Doctor degree, cum laude. Anna earned her Bachelor of Business Administration in Accounting, magna cum laude, from Loyola College in Maryland.
Her advice is to consider a prenuptial agreement. Without one, “should a divorce occur, you are likely to give away half of your assets,” Vitelli says, as divorce is based on equitable distribution as determined by a judge. “Put a prenup in place to parameterize what happens should the undesired occurrence of divorce happen,” she says. “That’s just good planning for any couple.”
Inheritance is something that is very specific to the person receiving it, and with proper guidance it can be put to the best use.