People Moves

US Bank Boosts HNW Private Client Team In San Francisco

Eliane Chavagnon Reporter October 17, 2012

US Bank Boosts HNW Private Client Team In San Francisco

The Private Client Reserve, a unit of Minneapolis, MN-based US Bank, has appointed Michael Millman as senior vice president/wealth management advisor in San Francisco, CA.

The PCR targets high net worth clients with over $1 million in investable assets and Millman will spend his time developing and implementing investment plans for HNW individuals and families.

Overall, he has about 17 years of private banking, financial planning, and investment management and trust experience, having latterly served as senior vice president/wealth advisor at Wells Fargo Private Bank. Millman has also worked at Bank of America Private Bank, Fidelity Investments and Charles Schwab.

Yesterday it emerged that US Bank hired Joe Weidenbach as Chicago, IL, market leader for The Private Client Reserve. Weidenbach is charged with leading a team of wealth management professionals serving HNW clients in Chicago and the greater metro area. Additionally, last week Sandra Fleming was promoted to the role of Florida market leader, responsible for the Palm Beach and Naples offices for the same unit. In the previous week, Mary Martuscelli was appointed west region president, based in Phoenix, AZ.

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