People Moves
US Bank's Private Client Reserve Promotes Managing Director
The high net worth arm of US Bank has promoted a wealth advisor in Minnesota to managing director.
Scott Kaul has been promoted to wealth management advisor and managing director for The Private Client Reserve of US Bank in Minneapolis, MN.
Previously, Kaul was a wealth management advisor at the PCR, which serves clients with $3 million or more in net worth, also in Minneapolis.
He first joined US Bank in 1994.
At the end of July, US Bank appointed Robert Zellers as a senior portfolio manager and Emily Litznerski as a trust officer at the PCR in Madison, WI.
US Bank also has Ascent Private Capital Management, which serves clients with $75 million or more in net worth, and The Private Client Group, which works with clients with more than $100,000 of investable assets.