The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

US Bancorp Advisors, US Bank
US Bancorp Advisors (USBA), the RIA and affiliate of US Bank, has unveiled offerings for people who are new to investing or starting to build wealth.

Capabilities include a new team-based investment advisory service for investors with at least $25,000, an enhanced self-directed brokerage service with no minimum investment, and a platform that integrates banking (offered through US Bank) and investing (offered through USBA) across the bank’s online ecosystem.

“We want to help all of our customers to reach their financial goals – beginning investors, but also investors well into their wealth-building years and investors who are closer to retirement – by providing a variety of compelling options tailored toward how they like to invest,” Scott Ford, president of wealth management at US Bank, said.

As part of the new offering, USBA has appointed Ryan K Nelson as the new president of “emerging affluent wealth management” – a newly-formed role. Nelson, who has 30 years of financial services experience, most recently served as US Bank’s East Regional executive for private wealth management. Prior to US Bank, Nelson worked with Zions Bank, where he was region president; and worked at JP Morgan Chase, Wells Fargo, and Fidelity.

The new fee-based advisory service is called Wealth Connect.