Grove Bank & Trust announces Ed Joyce named as vice chair

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Ed Joyce has been named vice chair of Grove Bank & Trust after serving in several leadership positions for Northern Trust for the past 37 years.

Joyce will oversee GroveBank & Trust’s client engagement efforts across its five offices in Miami-Dade County including Aventura, Coconut Grove, Coral Gables, Palmetto Bay and South Miami. The announcement was made recently by the chair and CEO of Grove Bank & Trust, Sheldon T. Anderson.

“Ed is tailor-made for this new role engaging with our clients,” Anderson said. “Few are more respected for their ability to create and manage wealth and he will add tremendous fire power to our team and incredible value to our current and future clients.”

Joyce served in many roles at Northern Trust including president of the South Florida region, Chief Fiduciary Officer of the East region, and always keen to work directly with clients, most recently as Executive Client Advisor.

“Ed has decades of experience in wealth management and banking and will deliver comprehensive planning, trust, investment and banking services to individuals, families, and family offices,” added Charles Stuzin, chair of the bank’s holding company board.

“It is no surprise that Charles, Sheldon and the great team of dedicated professionals at Grove Bank & Trust see the value of elevating the role of client engagement in the C-suite,” Joyce said. “Their incredible vision was my No. 1 reason for making this move narrowly followed by my desire to be a part of the legacy that is Grove Bank & Trust and its ability to help clients and communities thrive.”

Joyce expanded on the 95-year-plus legacy saying, “Most organizations are from somewhere else, but Grove Bank & Trust’s roots and heart are here in South Florida and strong local ownership built on core values of strength, integrity and service matters tremendously in terms of making an impact not only on wealth management results, but on overall quality of life.”

Joyce is a long-time community and civic leader. He is incoming chair of Chapman Partnership, past chair of the American Red Cross of Greater Miami and The Keys, and currently serves on the board/committees of Camillus House Inc., Orange Bowl Committee, Greater Miami Chamber of Commerce and United Way of Miami Dade.

Grove Bank & Trust, founded in 1926, is known for offering boutique banking and comprehensive trust and wealth management services tailored to meet the needs of successful individuals and their families, as well as businesses, endowments and foundations. Financial strength and stability have been a Grove Bank & Trust hallmark.

Locally owned and operated, Grove Bank & Trust has five offices in Miami-Dade County including Aventura, Coconut Grove, Coral Gables, Palmetto Bay and South Miami.


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