MINNEAPOLIS--(BUSINESS WIRE)--Feb. 27, 2013--
U.S. Bank Wealth Management, among the top 20 wealth managers,*
announced today that David Mook has been appointed chief private banking
officer for U.S. Bank Wealth Management. In this role, Mook will drive
continued growth in the business by leading private banking services,
including product management, credit underwriting and related portfolio
management. He reports to Mark Jordahl, president of U.S. Bank Wealth
Management, and is a member of the Wealth Management Executive Committee.
“David comes to us with outstanding credentials and decades of banking
experience,” Jordahl said. “I’m thrilled that he has chosen U.S. Bank,
and I’m confident that he will make a meaningful contribution to our
business, team and clients.”
In his new role, Mook will focus on the banking needs of U.S. Bank
Wealth Management’s high-net-worth and ultra-high-net worth clients and
family-owned and/or controlled businesses. He will also lead sales
management for private banking products and services, including deposit,
mortgage, and other credit products.
Mook brings 29 years of financial experience with J.P. Morgan Chase
(“JPM”), where he worked in many leadership roles. He most recently
served as Regional Capital Advisory Practice Lead of Private Banking for
the Midwest, West and California. Prior to that, he served as the
Private Bank’s Capital Advisor for Private Wealth Management. He also
served as a senior underwriter for Middle Market Banking and a regional
manager for Institutional Investment Services. Mook has an M.B.A. degree
and bachelor’s degree in business administration from Washington
University in St. Louis. He serves on the Board of Trustees of Chicago
Theological Seminary and the Board of Directors of Cadence Health
Foundation.
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, multigenerational wealth planning,
and family dynamics and governance for individuals, families, and their
foundations. Ascent Private Capital Managementserves
ultra-high-net-worth clients with $50 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.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB),
with $354 billion in assets as of December 31, 2012, is the parent
company of U.S. Bank, the fifth-largest commercial bank in the United
States. The company operates 3,084 banking offices in 25 states and
5,065 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. 17, 2012, ranked by client
assets in accounts of $5 million or more as of June 30, 2012.
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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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-parties.
Source: U.S. Bancorp
Cheryl Stone
Vice President, Public Relations
U.S. Bank Wealth
Management
(612) 303-5657
or
Robin Francis
U.S. Bank
Wealth Management
(651) 466-7187