US Bank has appointed Benton Reichenau as named head of wealth management product Services, reporting to Gailyn Johnson, chief operating officer for US Bank Wealth Management.

US Bank has appointed Benton Reichenau as head of
wealth management product services, reporting to Gailyn Johnson, chief operating
officer for US Bank Wealth Management.

Based in St Louis, MO, Reichenau is in charge of all product management for
banking, wealth planning, investment management and trust across US Bank
Wealth Management’s three business lines: the Private Client Group, the Private
Client Reserve and Ascent Private Capital Management.

US Bank said Reichenau and his team will manage product research/competitive
analysis, product development, pricing, profitability, ongoing product management and
distribution channels, as well as overseeing client experience efforts connected to these products.

Reichenau joins US Bank from Ernst & Young, where he was a
principal and leader of the West Coast financial services office performance improvement
consulting practice, based in San
Francisco, CA.

Before that, Reichenau was a senior vice president and head of
investment management and trust products/services for the wealth management group
at Wells Fargo. Earlier still, he was a managing director within the financial services
practice of Bearing Point, having also previously worked with Merrill Lynch as
a financial advisor.

In other recent news, last week US Bank Wealth Management appointed Kenneth Palattao as
vice president and healthcare banking specialist for the PCR, which serves clients with at least $1 million in investable assets.