Managing Director Wealth Strategy
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Ascent Private Capital Management is an ultra-high net worth wealth management firm providing advisory and consulting services, with a focus on clients with a net worth of $75 million and above. Working side by side with multiple generations of families, Ascent offers a combination of traditional wealth management services and leading-edge wealth impact strategies for establishing a personal family legacy while providing ongoing, comprehensive, and integrated services. These Ascent efforts generate revenue through a combination of investment management fees, private banking (including lending) and other family office services (advisory services including reporting, consulting, education, and family meetings).
The Managing Director, Wealth Strategy (MD) must have deep, multigenerational consultative experience in family advisory including: wealth planning/coordination, family risk management, family governance, stewardship and family education, and trust administration. The MD will work with families as a subject area expert in estate planning, multigenerational planning, family governance, and trust and fiduciary advice. This individual will be a key contributor to the Ascent team in Cincinnati, OH. The MD is supported by a national advisory team that provides research, technical support, and subject matter expertise.
The successful candidate will need to have proven leadership abilities, executive presence, and communication skills to successfully work with a team that exceeds client service expectations. The individual will be relationship oriented and have evidenced success in forming deep relationships with colleagues and clients as well as developing new client business. U.S. Bank takes a long-term view towards relationships and seeks a like-minded individual to fill this critical role. These client relationship skills will be crucial in developing insight and understanding of the needs, planning, and dynamics of the client family. The incumbent will work with specialists in a dynamic UHNW team/platform that includes: open architecture investment management; estate, tax, trust, and fiduciary services; family governance and education; accounting and reporting; and other subject area experts servicing the needs of the client family.
Minimum 7+ years Wealth Planning/Strategy with HNW/UHNW family clients
Minimum 7+ years Estate/Multigenerational Planning
JD, LLM, CPA (at least JD or CPA)
Trust/Fiduciary knowledge/experience within context of HNW/UHNW
Tax knowledge preferred
Family business experience in planning or consulting preferred
Proven business development and/or client relationship management focus
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Learn how the way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company.
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
EEO is the Law
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $154,955.00 - $182,300.00 - $200,530.00