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Jason Stamm Appointed Central Region President for The Private Client Reserve of U.S. Bank

MINNEAPOLIS--(BUSINESS WIRE)--May 27, 2014-- U.S. Bank Wealth Management, ranked among the top 20 U.S. wealth managers,* announced today that Jason Stamm has been appointed Central Region president for The Private Client Reserve of U.S. Bank.

Jason Stamm, Central Region president for The Private Client Reserve of U.S. Bank (Photo: U.S. Bank)

Jason Stamm, Central Region president for The Private Client Reserve of U.S. Bank (Photo: U.S. Bank)

“Jason is a proven leader with the right combination of experience, sales results and passion for growing our business in the Central Region,” said Mike Ott president of The Private Client Reserve. “We are thrilled that he has chosen U.S. Bank, and I am confident that he will make a meaningful contribution to our business, team and clients.”

In his new role, Stamm will be instrumental in driving growth across The Private Client Reserve’s Central Region, which includes Chicago, Kansas City, Madison, Wis., Milwaukee, Minneapolis/St. Paul and St. Louis. He will lead a team of more than 350 investment, trust, private banking, and financial planning professionals, focused on providing a broad array of products and services to high-net-worth individuals and families. In this capacity, Stamm will work with market leaders in delivering a differentiated client experience and fostering growth initiatives across all Central Region markets.

Stamm brings 21 years of financial services experience to his new role. He has served with BMO Private Bank and its predecessors since 1996 where he was routinely recognized as a top performing leader and individual contributor. In his most recent capacity as regional president, Stamm led the business operations and talent integration for the Private Bank of BMO, Harris Bank and M&I in the North Central Region.

Stamm earned his bachelor’s degree from University of Wisconsin—Eau Claire College of Business. He serves as a trustee for the Greater Milwaukee Foundation and the Boys & Girls Clubs of Milwaukee. Additionally, he is a board member for the United Performing Arts Fund of Milwaukee.

Stamm succeeds Mike Ott who was recently named president of The Private Client Reserve of U.S. Bank. He will be based in The Private Client Reserve’s headquarters office in Minneapolis.

About The Private Client Reserve of U.S. Bank
The Private 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 wealth planning services 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 reserve.usbank.com

About U.S. Bank Wealth Management
U.S. Bank Wealth Management offers comprehensive wealth management services, including investment management, private banking, personal trust and estate administration, wealth planning, and family dynamics and governance for individuals, families, and their foundations. Ascent Private Capital Management (ascent.usbank.com) serves ultra-high-net-worth clients with $50 million or more in net worth; The Private Client Reserve (reserve.usbank.com) serves high-net-worth clients with more than $1 million of investable assets; and The Private Client Group serves affluent clients with more than $100,000 of investable assets.

About U.S. Bank
U.S. Bancorp (NYSE: USB), with $371 billion in assets as of March 31, 2014, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Company operates 3,083 banking offices in 25 states and 4,878 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions. (usbank.com).

* Barron’s "Top 40 Wealth Managers,” Sept. 16, 2013, ranked by client assets in accounts of $5 million or more as of June 30, 2013

Deposit products offered by U.S. Bank National Association. Member FDIC. Credit products offered by U.S. Bank and subject to normal credit approval.

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 outside organizations mentioned above.

Source: U.S. Bank

U.S. Bank Wealth Management
Robin Francis, 651-466-7187
Senior Manager, Public Relations

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