Brian Vowinkel Appointed Regional Managing Director for Ascent Private Capital Management of U.S. Bank in Seattle
U.S. Bank, a leading provider of wealth management and private banking services,* announced today that Brian Vowinkel has been appointed regional managing director for Ascent Private Capital Management of U.S. Bank in Seattle. He reports to Michael A. Cole, president of Ascent Private Capital Management.
“Brian’s depth of experience in investment and wealth management for ultra high net worth families and family-held businesses makes him particularly suited for this role,” Cole said. “His passion for the business stems from the satisfaction he receives from working with clients of vision who seek to make a positive social impact and have the resources to accomplish lasting change.”
In his new role, Vowinkel is responsible for driving the growth of Ascent Private Capital Management’s new office in Seattle, which will open this summer. He leads an initial team of seven professionals responsible for providing ultra high net worth clients with investment management, private banking, wealth impact planning, financial administration and an exceptional client experience in the Pacific Northwest.
Vowinkel brings more than 13 years of experience in assisting ultra high net worth families with wealth management. He previously headed his own wealth management firm in Seattle, Ranger Select. Prior to that, he opened the regional office in Seattle for Convergent Wealth Advisors, where he was an equity partner and served as regional managing director. He also previously helped open the Seattle office of Goldman Sachs & Co. for private clients. Vowinkel has also served as a major in the U.S. Army (active and reserve) for 15 years. He has a bachelor of science degree from the U.S. Military Academy at West Point with a dual major in engineering and history and an M.B.A. from the Harvard Business School. Vowinkel is active in his community, serving as a board member of the USO of Puget Sound, a board member of Gen-Next of Seattle, as well as an Eagle Scout mentor for the Seattle Council.
About Ascent Private Capital Management
Ascent Private Capital Management of U.S. Bank (ascent.usbank.com) helps individuals and families with $25 million or more in investable assets focus on the impact of their wealth rather than simply on accumulating wealth. Ascent’s unique service delivery model combines traditional wealth management offerings –- financial planning; investment management; private banking; personal trust and estate administration; and financial administration -– with cutting-edge “wealth impact” services that may help some of the country’s wealthiest families with family governance, family dynamics, and multigenerational wealth planning and education.
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, brokerage, insurance, 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 $25 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. Brokerage services are offered through U.S. Bancorp Investments, Inc., and insurance services are offered through U.S. Bancorp Insurance, LLC.
* Barron’s ranked U.S. Bank Wealth Management the 16th-largest U.S. wealth manager in its 2011 survey of "Top 40 Wealth Managers" published on Sept. 19, 2011.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB), with $341 billion in assets as of March 31, 2012, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The company operates 3,080 banking offices in 25 states and 5,061 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp and its employees are dedicated to improving the communities they serve, for which the company earned the 2011 Spirit of America Award, the highest honor bestowed on a company by United Way. Visit U.S. Bancorp on the web at www.usbank.com.
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Vice President, Public Relations
U.S. Bank Wealth Management
Amy Frantti, U.S. Bank Public Relations