Stephen Thormahlen retired as managing director of PNC Wealth Management in Greater Washington, where he led a 90-member team and oversees the growth of the company’s wealth management services for high net worth individuals, families and businesses in metropolitan Washington – PNC’s fastest-growing market and one of the most affluent areas of the country.
Before joining PNC in 2008, Thormahlen spent 16 years as the president and chief executive officer of Fiduciary Investment Management International in Washington, D.C., a Fiduciary Trust/Franklin Templeton company. Prior to that, he operated his own investment management company and worked as vice president and regional manager for Chase Manhattan Bank. He began his career with PNC’s predecessor, Riggs National Bank, as a trust investment officer.
Thormahlen holds a degree in political science from the State University of New York at Fredonia and has completed graduate coursework in public administration at The American University in Washington, D.C. Active in the community, he serves as a Fairfax County Park Foundation Board Director. He also is a past board member of the Corcoran Gallery of Art’s Washington Project for the Arts and the International Art Galleries Association.