Ascent Private Capital Management of U.S. Bank wins the Private Asset Management private banking client service award.


MINNEAPOLIS (Feb. 14, 2018) — Ascent Private Capital Management of U.S. Bank has been honored with a best–in–class award for "Private Banking — Client Service" by Private Asset Management (PAM), which covers the wealth management and family-office industry. The award was accepted by Ascent Head of Private Banking, Mark Foster, at the PAM Awards ceremony in New York City on Feb. 8. Ascent has received five awards from PAM since 2014.

“We are honored to once again be recognized by PAM for the innovative services we offer our client families. This award highlights our commitment to delivering forward-looking services to enable our clients to capitalize on emerging trends and reinvigorate their existing strategies,” said Ascent President Michael Cole.

Ascent was also short–listed in six other award categories: “Best Private Wealth Manager — Over $5 billion,” “Best Investment Platform — Client Service,” “Best Investment Platform — Innovation,” “Best Private Wealth Manager — Overall,” and “Private Banking — Overall.”

The Private Asset Management Awards recognize and reward investment professionals and advisors who have successfully serviced high–net–worth individuals in an increasingly complex economic environment. Nominees have demonstrated consistent financial progress, year–over–year growth, excellence in client satisfaction, and innovative new services. The judging process, using a panel of industry experts, is based on a mixture of qualitative and quantitative performance indicators.

About Ascent Private Capital Management
Ascent Private Capital Management serves individuals and multigenerational families with significant resources who aspire to make an impact with their wealth. Clients can expect highly personalized advisory services that combine traditional wealth planning offerings with cutting-edge wealth impact planning and communication tools. For more information, visit www.ascent.usbank.com.

About U.S. Bank (www.usbank.com)
Minneapolis-based U.S. Bancorp (NYSE: USB), with $462 billion in assets as of December 31, 2017, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The Company operates 3,067 banking offices in 25 states and 4,771 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions.

 Deposit products offered by U.S. Bank National Association. Member FDIC. Credit products offered by U.S. Bank National Association and subject to normal credit approval.

Investment products and services are:
NOT A DEPOSIT • NOT FDIC INSURED • MAY LOSE VALUE •
NOT BANK GUARANTEED • 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 mentioned above.

Contact:
• Michael Walsh, vice president of public relations, 612.303.9122, michael.walsh@usbank.com

 

Investment products and services are:
Not a Deposit   •   Not FDIC Insured   •   May Lose Value   •   Not Bank Guaranteed   •   Not Insured by any Federal Government Agency

 
 

Equal Housing Lender Equal Housing Lender. Credit products are offered by U.S. Bank National Association and subject to normal credit approval. Deposit products offered by U.S. Bank National Association. Member FDIC.

U.S. Bank and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.

Wealth Sustainability services are not fiduciary in nature, and Ascent serves in a non-fiduciary role when providing these services. Wealth Sustainability services may include strategic wealth coaching services in order to facilitate your self-assessment of wealth sustainability issues. Ascent does not engage in the practice of psychology.