SEATTLE--(BUSINESS WIRE)--Feb. 3, 2015--
U.S. Bank Wealth Management, ranked among the top 25 U.S. wealth
managers,* announced today that Jan Hendrickson has been appointed
regional managing director for Ascent Private Capital Management of U.S.
Bank in Seattle. She reports to Michael A. Cole, president of Ascent
Private Capital Management.
"Jan’s dedication to providing exceptional service to individual and
corporate clients throughout her career, her impressive breadth of
experience in leading both financial and consumer-oriented
organizations, particularly in the areas of private equity and venture
capital, and her commitment to our community make her the ideal person
to lead Ascent’s Seattle team," Cole said.
In her new role, Hendrickson will be responsible for growing Ascent’s
Seattle office and will provide strategic leadership for the office’s
nine professionals, who provide investment management, private banking,
wealth impact planning, and family office advisory services to clients
of significant wealth in the northwest region.
“Ascent’s commitment to leading-edge client offerings and to continuous
innovation in the wealth impact arena makes them an extremely attractive
partner for our northwest families and individuals who wish to think
strategically and generationally about the impact of their wealth. This
is a tremendous opportunity. What could be better than getting to help
great families realize their dreams?” Hendrickson said.
Named a “Woman of Influence” by the Puget Sound Business Journal,
Hendrickson has helped companies and organizations deliver exceptional
performance for more than 25 years. She most recently was the managing
partner and a founder of Denny Hill Capital, an early-stage venture
capital firm based in Seattle. She brings extensive corporate board
experience, including multiple chairmanships. Her current and prior
directorships include chairman, founding board member and investor of
global beauty brand, butter LONDON, director of The Commerce Bank of
Washington, and chairman of Tully’s Coffee. Previously, Hendrickson
served as vice president of one of Seattle’s most established middle
market investment banks, where she represented companies in technology,
manufacturing and consumer products, and was responsible for managing
mergers, acquisitions and recapitalizations. Earlier in her career, she
was the first CFO of Sound Transit, a $5 billion start-up responsible
for financing, constructing and operating Puget Sound’s mass transit
system. She also previously served as the CFO for the Port of Seattle’s
A native of Seattle, Hendrickson earned a master of public
administration from the Daniel J. Evans School of Public Affairs at the
University of Washington, and a bachelor of arts in anthropology, also
from the University of Washington. She currently serves as chairman of
the Community Development Round Table, and is a current board member for
The Virginia Mason Foundation, as well as Forterra. She is a past
chairman and director emeritus of the Woodland Park Zoo, past president
and current trustee of the Frye Art Museum, and a graduate of Leadership
Tomorrow. Hendrickson previously served as chairman of Wellspring Family
About Ascent Private Capital Management
Capital Management helps individuals and families with $50 million or
more in net worth make an impact with their wealth by providing highly
personalized tactical wealth management (wealth planning, investment
management, trust and estate, private banking and family office
advisory) and strategic wealth management (family education and
communication, preparation of heirs, family governance and
philanthropy). For more information, visit ascent.usbank.com.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB),
with $403 billion in assets as of Dec. 31, 2014, is the parent company
of U.S. Bank National Association, the 5th largest commercial bank in
the United States. The company operates 3,176 banking offices in 25
states and 5,022 ATMs and provides a comprehensive line of banking,
investment, mortgage, trust and payment services products to consumers,
businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.
* Barron’s "Top 40 Wealth Managers,” Sept. 25, 2014, ranked by client
assets in accounts of $5 million or more as of June 30, 2014
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 and services 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
Source: U.S. Bancorp
U.S. Bank Wealth Management
Michael Walsh, 612-303-9122
Manager of Public Relations