SEATTLE, Apr 23, 2012 (BUSINESS WIRE) --U.S. Bank, a leading provider of wealth management and private banking
services,* announced today that Brian Vowinkel has been appointed
regional managing director for Ascent Private Capital Management of U.S.
Bank in Seattle. He reports to Michael A. Cole, president of Ascent
Private Capital Management.
"Brian's depth of experience in investment and wealth management for
ultra high net worth families and family-held businesses makes him
particularly suited for this role," Cole said. "His passion for the
business stems from the satisfaction he receives from working with
clients of vision who seek to make a positive social impact and have the
resources to accomplish lasting change."
In his new role, Vowinkel is responsible for driving the growth of
Ascent Private Capital Management's new office in Seattle, which will
open this summer. He leads an initial team of seven professionals
responsible for providing ultra high net worth clients with investment
management, private banking, wealth impact planning, financial
administration and an exceptional client experience in the Pacific
Northwest.
Vowinkel brings more than 13 years of experience in assisting ultra high
net worth families with wealth management. He previously headed his own
wealth management firm in Seattle, Ranger Select. Prior to that, he
opened the regional office in Seattle for Convergent Wealth Advisors,
where he was an equity partner and served as regional managing director.
He also previously helped open the Seattle office of Goldman Sachs & Co.
for private clients. Vowinkel has also served as a major in the U.S.
Army (active and reserve) for 15 years. He has a bachelor of science
degree from the U.S. Military Academy at West Point with a dual major in
engineering and history and an M.B.A. from the Harvard Business School.
Vowinkel is active in his community, serving as a board member of the
USO of Puget Sound, a board member of Gen-Next of Seattle, as well as an
Eagle Scout mentor for the Seattle Council.
About Ascent Private Capital Management
Ascent Private
Capital Management of U.S. Bank (ascent.usbank.com) helps individuals
and families with $25 million or more in investable assets focus on the
impact of their wealth rather than simply on accumulating wealth.
Ascent's unique service delivery model combines traditional wealth
management offerings -- financial planning; investment management;
private banking; personal trust and estate administration; and financial
administration -- with cutting-edge "wealth impact" services that may
help some of the country's wealthiest families with family governance,
family dynamics, and multigenerational wealth planning and education.
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, financial planning, brokerage, insurance,
multigenerational wealth planning, and family dynamics and governance
for individuals, families, and their foundations. Ascent Private
Capital Management serves ultra-high-net-worth clients with $25
million or more of investable assets; The Private Client Reserve
(privateclientreserve.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. Brokerage services are offered through U.S. Bancorp
Investments, Inc., and insurance services are offered through U.S.
Bancorp Insurance, LLC.
* Barron's ranked U.S. Bank Wealth Management the 16th-largest
U.S. wealth manager in its 2011 survey of "Top 40 Wealth Managers"
published on Sept. 19, 2011.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB),
with $341 billion in assets as of March 31, 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 5,061 ATMs and provides a comprehensive line of banking,
brokerage, insurance, 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
approval.
Investment products are:
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Not a Deposit
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Not FDIC Insured
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Not Guaranteed by the Bank
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May Lose Value
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Not Insured by Any Federal Government Agency
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Insurance products, including annuities, are available through U.S.
Bancorp Insurance Services, LLC, U.S. Bancorp Investments, Inc., in
Montana: U.S. Bancorp Insurance Services of Montana, Inc., and in
Wyoming: U.S. Bancorp Insurance & Investments, Inc. All are licensed
insurance agencies and subsidiaries of U.S. Bancorp and affiliates of
U.S. Bank. Insurance and annuity policies are underwritten by
unaffiliated insurance companies and may not be available in all states.
California Agency #OE24641. U.S. Bank is not responsible for and does
not guarantee the products, services, or performance of its affiliates.
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 providers.
SOURCE: U.S. Bank
U.S. Bank
Cheryl Stone
Vice President, Public Relations
U.S.
Bank Wealth Management
(612) 303-5657
or
Amy Frantti,
U.S. Bank Public Relations
(612) 303-0733
