MINNEAPOLIS--(BUSINESS WIRE)--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.
“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.”
“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 Management serves 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:
|Not a Deposit||Not FDIC Insured||Not Guaranteed by the Bank|
|May Lose Value||Not Insured by Any Federal Government Agency|
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