Rice Joins First Business Bank’s Private Wealth Team

First Business Bank is pleased to welcome Matt Rice back to the private wealth team as chief investment officer.

Rice returns to First Business Bank with a wealth of knowledge and more than two decades of fostering close-knit, effective financial teams that find creative solutions to complex problems.

“We are thrilled to welcome Matt back to our team,” said Brendan Freeman, president of First Business Bank’s private wealth team. “Matt is not only an author, bringing a vast amount of knowledge and a rich insight, he also an accomplished leader and a talented coach with a proven track record in building, executing, and seamlessly communicating investment strategy. His adept leadership and strategic thinking will fortify our capabilities and foster sustained growth. Together, we look forward to his contributions to our robust team, supporting to our efforts to deliver unparalleled value to our clients.”

Originally from Middleton, Rice began his career at First Business Bank in the late 1990s. Most recently, Rice served for twenty years as managing partner and chief investment officer at Fiducient Advisors, a $260 billion investment advisory firm based in Chicago. He is the author of two published books: “Nonprofit Asset Management” and “The Practical Guide to Managing Nonprofit Assets,” both published by John Wiley & Sons.

Rice holds a bachelor’s degree in economics from Northwestern University, and is a CFA® Charterholder, a member of the CFA Society of Chicago, and is a Chartered Alterative Investment Analyst (CAIA®). In his leisure time, Rice enjoys reading, writing, spending time with his family, and watching college and professional football.