Ascent Honored with Family Wealth Report Award

August 24, 2023

Ascent Private Capital Management of U.S. Bank recently received top honors in the “Credit Solution” category for Family Wealth Report’s 10th annual awards.

The award recognizes Ascent’s commitment to technological innovation and the banking needs of its clients.

Ultra-high net worth families often leverage credit strategically to manage their balance sheets. Ascent has access to unique solutions and the ability to respond swiftly to a wide range of non-standard borrowing needs with institutional-quality products backed by the strength of U.S. Bank. Whether a client is looking for a $10 million credit facility for the purchase of an airplane, a $500 million facility to acquire a major sports franchise or a multi-million-dollar unsecured loan incorporating currency hedging for a new yacht under construction overseas, Ascent relies on its close client relationships to find creative ways to help their clients with their aspirations.

The three cornerstones of the Ascent approach are alignment around purpose, preparing the next generation, and utilizing advanced technology. What sets Ascent apart from other firms is the focus on assets beyond the financial – including human, intellectual and social capital – with programs and services designed to transition wealth between generations and to build a strong family culture.

Ascent was also short-listed for awards in several other categories, including:

  • Best Family Office Category: Multi-family office - Client initiative
  • Best Banking Category: National Private Bank
  • Best Leadership Category: Outstanding Contribution to Wealth Management Thought Leadership
  • Best Family Office Category: Rising Star Under 40, Andie Ho or Chris Peary

Last year, Ascent received top honors in the “Multi-Family Office (Client Initiative)” category and was short-listed in several other categories for Family Wealth Report’s 9th annual awards.

The Family Wealth Report awards recognize outstanding organizations that have demonstrated innovation and excellence during the last year. Each category is highly contested and is subject to a rigorous process before the ultimate winner is selected by the judges.

More information on Family Wealth Report Awards: The Tenth Annual Family Wealth Report Awards 2023 - Clearview Publishing.

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Disclosures

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. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.

Family Office Services are not fiduciary in nature and Ascent serves in a non-fiduciary role when providing these services. Family Office Services may include leadership and legacy consulting services in order to facilitate your self-assessment of family office services issues. Ascent does not engage in the practice of psychology.