Make Legacies Happen
Our Wealth Management and Securities Services teams design strategies to help clients achieve their personal and business goals.
Every life is a story. We have the privilege of helping our Wealth Management clients shape their stories and work toward their possible, whether they're beginning to accumulate wealth, enjoying the rewards of success or planning the legacy they'll leave for future generations.
We work at three service levels: The Private Client Group works with affluent individuals and families who are working to build their wealth; The Private Client Reserve works with high-net-worth clients who have complex financial needs; and Ascent Private Capital Management helps ultra-high-net-worth clients make a lasting impact with their wealth. At every level of service we establish solid relationships, getting to know each client's story and goals so we can offer relevant support.
Our approach to wealth management has helped us attract and retain clients, affording us growth in deposits, loans and investment assets.
Our assets under management have grown to more than $124 billion. And U.S. Bank Wealth Management was once again ranked among the top 20 U.S. wealth managers by Barron's in 2015.
Made up of Corporate Trust Services, Institutional Trust and Custody, Fund Services and Asset Management divisions, our Securities Services business is a market leader and provides administrative services for organizations in the U.S. and Europe issuing or managing securities and investments.
Investing in Technology
Technology advancement is critical to the success of Securities Services. At the end of 2014, our corporate trust services group launched Pivot, a proprietary online platform for collateralized loan obligation asset managers. This tool sets us apart from the competition for client service and response, data transparency and efficiency. Within our Institutional Trust and Custody division, Pivot has boosted sales and retention, with a 17 percent lift in market share during a time when the overall market declined. Building on this success, we will expand the platform to other segments.
In addition to new technology, our investments in the right people and products resulted in market share growth and industry accolades. In the U.S. we were the top trustee in market share in two of our three core categories, municipal and structured finance, and second in corporate transactions. Our Securities Services teams also received a variety of awards from industry experts such as GlobalCapital and HFMWeek, in the U.S. and in Europe.
Our Core Businesses
Learn more about our other core businesses:
- Consumer +
Small Business Banking
- Wholesale Banking +
Commercial Real Estate
- Wealth Management +
- Payment Services