Ascent Managing Director, Client Advisory

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.

Job Description

Ascent services clients with net worth in excess of $75MM, with average client assets above $100MM. The Managing Director, Client Advisor (MDCA) is the lead relationship manager and team coordinator for a dedicated, highly skilled team of industry credentialed individuals who provide extraordinary service to an exclusive group of ultra-high-net-worth (UHNW) clients.  In this role, the MDCA serves as the generalist relationship manager and primary point of contact for these moderately to highly complex clients on behalf of Ascent. The MDCA drives and coordinates the activity of the Ascent team, providing a full complement of services to the client group, and leads the team in identifying, developing and closing new business opportunities with both these clients and new outside clients. In addition, the MDCA will expand Ascent's presence in the UHNW market including representation of the business segment in the region at community events as well as within the broader bank.

In order to best fit this firm’s unique culture, the ideal candidate would possess “quiet confidence”, is not ego-centric and performs best in a highly collaborative, collegial, team-approach model. The MDCA should be able to thrive in an environment working with exceptional people, with the ability to work alongside highly trained and educated professionals.  The MDCA reports directly to the Regional Managing Director for the region.

Essential Functions:

• Responsible for retention, development and growth of book of business

• Provide and/or coordinate advice and counsel to clients and prospects in the areas of private banking, personal trust and investments.

• Ensure the fiduciary and client advisory functions are performed at an exceptional level while maintaining proper risk management and client satisfaction

• Proactively identify potential business opportunities and/or high-risk situations

• Responsible for providing assistance and support across all wealth management functions (investment, trust and banking) and all front office duties to ensure the Ascent client experience is consistently meeting the standards set forth by leadership.

Minimum Requirements:

• At least 10-12 years of UHNW family client leadership/advisory with consultative focus.

• Extensive UHNW client and COI network in the market they are leading

• Prefer advanced expertise that is directly relevant to UHNW clients (JD, LLM, CPA, MBA, CFA, CFP, CAIA, etc.), or a track record of working with these types of professional resources.

• Wealth management experience in the areas of investments, banking, fiduciary services and/or finance.   

• Currently reside in the local area or have significant relevant experience and relationships in the region

• Industry leading business development and networking acumen

• Public speaking ability and experience

Preferred Skills/Experience

• Well-developed leadership abilities and strategic management skills

• Thorough knowledge of division and relation to industry

• Strong verbal and written communication skills

• Well-developed analytical, decision-making and problem-solving skills

• Considerable tact, diplomacy and people skills

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.

Benefits: 

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)