MINNEAPOLIS--(BUSINESS WIRE)--Oct. 2, 2012--
U.S. Bank, a leading provider of wealth management and private banking
services,* announced today that Mary Martuscelli has been appointed West
Region President for The Private Client Reserve of U.S. Bank. In this
role, she will be responsible for growing and managing all aspects of
The Private Client Reserve’s business in Washington, Oregon, California,
Arizona, Nevada, Utah and Colorado. Martuscelli reports to Michael
Boardman, President of The Private Client Reserve, and is based in U.S.
Bank’s Phoenix office.
“Mary has the level of leadership, experience and passion that we need
to lead our team of wealth management professionals in the west region,”
Boardman said. “We are thrilled that she has chosen U.S. Bank, and I am
confident that she will make a meaningful contribution to our business,
team and clients.”
Martuscelli brings more than 33 years of financial experience with J.P.
Morgan Chase (“JPM”), where she worked in many leadership roles. She has
served as Arizona President for JPM since 2007 and most recently served
as Managing Director of Private Banking for JPM’s Desert Mountain
states. Prior to these roles, Martuscelli served as the President and
Chief Executive Officer of the Specialized Industries Segment of JPM’s
Commercial Bank, which focused on government, not-for-profit,
healthcare, Native American, and financial institutions. Martuscelli has
also worked in management roles in human resources, strategic planning,
and corporate, middle market and small business banking with JPM.
A native of the Detroit area, Martuscelli earned a bachelor of science
degree from Michigan State University in East Lansing, Mich., and an
M.B.A. from Wayne State University. She is active in a variety of
community activities in the greater Phoenix area and serves on several
boards, including the Arizona Community Foundation, the Arizona Science
Center, Fresh Start Women’s Foundation, and Southwest Autism Research
and Resource Center.
* Barron’s ranked U.S. Bank Wealth Management the 19th-largest
U.S. wealth manager in its 2012 survey of "Top 40 Wealth Managers"
published on Sept. 15, 2012.
About The Private Client Reserve of U.S. Bank
Client Reserve of U.S. Bank is a provider of comprehensive wealth
management services for high-net-worth individuals, families and
foundations with investable assets of more than $1 million. Highly
experienced wealth management advisors lead client-focused teams that
deliver forward-thinking, customized strategies including investment
management, private banking, personal trust and estate administration,
and financial planning designed for each client’s unique goals and
needs. The Private Client Reserve is a part of U.S. Bank’s Wealth
Management Group. For more information, visit www.privateclientreserve.usbank.com.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB),
with $353 billion in assets as of June 30, 2012, is the parent company
of U.S. Bank National Association, the fifth-largest commercial bank in
the United States. The company operates 3,080 banking offices in 25
states and 5,085 ATMs and provides a comprehensive line of banking,
investment, mortgage, trust and payment services products to consumers,
businesses and institutions. U.S. Bancorp and its employees are
dedicated to improving the communities they serve, for which the company
earned the 2011 Spirit of America Award, the highest honor bestowed on a
company by United Way. Visit U.S. Bancorp on the web at www.usbank.com.
Deposit products offered by U.S. Bank National Association. Member FDIC.
Credit products offered by U.S. Bank and subject to normal credit
Investment products are:
Not a Deposit
Not FDIC Insured
Not Guaranteed by the Bank
May Lose Value
Not Insured by Any Federal Government Agency
U.S. Bank and its representatives do not provide tax or legal advice.
Each individual’s tax and financial situation is unique. Individuals
should consult their tax and/or legal advisor for advice and information
concerning their particular situation.
U.S. Bank is not affiliated with the companies or organizations
mentioned above. U.S. Bank is not responsible for and does not guarantee
the products, services or performance of third-party vendors.
Source: U.S. Bancorp
Vice President, Public Relations
U.S. Bank Wealth
Amy Frantti, U.S. Bank