U.S. Bank Names John Zimmerman President of Ascent Private Capital Management
July 23 2018 - 10:00AM
Business Wire
Zimmerman will lead family office advisory
and wealth management business
U.S. Bank Wealth Management has named John Zimmerman as
president of Ascent Private Capital Management, the company’s
family office advisory and wealth management business for ultra
high net worth clients.
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John Zimmerman, president for Ascent
Private Capital Management of U.S. Bank. (Photo: Business Wire)
Zimmerman has served as Ascent regional managing director for
the Denver region since 2016. In that time, the Denver team has
provided a superior Ascent client experience, resulting in
significant growth in the market. In his role as president of
Ascent, Zimmerman will set the strategic direction and oversee all
aspects of Wealth Management’s ultra high net worth business. He
will continue to reside in Denver and will manage teams based in
key markets across the United States. He fills a position recently
vacated by Michael Cole.
Zimmerman is an experienced senior executive who brings more
than 30 years of financial services experience to this role – in
particular, significant expertise in serving ultra high net worth
clients. Prior to joining U.S. Bank, he was president of Denver
Investments; president of the Westcore Mutual Funds board of
trustees; founder, partner and managing director at Northern Lights
Capital Group; managing director and executive vice president at
Janus Capital Group; and managing director at Banc of America
Capital Management.
“John brings great depth and experience to this role – in
particular, significant insight and expertise in serving clients
with complex needs. We are poised for tremendous growth in this
area and I’m confident that the momentum we have built will
continue into a very promising future under John’s exemplary
leadership,” said Mark Jordahl, president of U.S. Bank Wealth
Management.
Zimmerman is a Chartered Financial Analyst and holds a
bachelor’s degree from the University of Missouri and a master’s
degree from Saint Louis University. Community involvement is a
passion; he serves on the boards of Boy Scouts of America – Denver
Area Council, Seeds of Hope Charitable Trust, the Catholic
Foundation of Northern Colorado and the University of Missouri
Trulaske School of Business strategic development board.
For individuals and families with significant resources, Ascent
provides highly customized wealth management services to help
sustain wealth and make an impact over generations. Ascent Private
Capital Management has offices in Cincinnati, Denver, La Jolla,
California, Minneapolis, San Francisco and Seattle.
About U.S. BankU.S. Bancorp (NYSE: USB), with 74,000
employees and $461 billion in assets as of June 30, 2018, is the
parent company of U.S. Bank, the fifth-largest commercial bank in
the United States. The Minneapolis-based bank blends its
relationship teams, branches and ATM network with mobile and online
tools that allow customers to bank how, when and where they
prefer. U.S. Bank is committed to serving its millions of retail,
business, wealth management, payment, commercial and corporate, and
investment services customers across the country and around the
world as a trusted financial partner, a commitment recognized by
the Ethisphere Institute naming the bank a 2018 World’s Most
Ethical Company. Visit U.S. Bank online or follow on social media
to stay up to date with company news.
About Ascent Private Capital Management of U.S.
BankAscent Private Capital Management serves individuals and
multigenerational families with significant resources who aspire to
make an impact with their wealth. Clients can expect highly
personalized advisory services that combine traditional wealth
planning offerings with cutting-edge wealth impact planning and
communication tools. For more information, visit
www.ascent.usbank.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180723005400/en/
U.S. Bank Public Affairs & CommunicationsJeni Jonett,
612-303-4993jeni.jonett@usbank.com
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