U.S. Bank Wealth Management has named Eric Sanderson as Senior Managing Director of Family Office Services for Ascent Private Capital Management, the company’s family office advisory and wealth management business for ultra-high net worth clients.

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Eric Sanderson (Photo: Business Wire)

In his new role, Sanderson will be based in Ascent’s Denver office and will work with families on preserving, protecting and increasing assets to support continuation of the family’s legacy and business interests. He has 24 years of wealth management, family office and legal experience.

Sanderson rejoins the company after serving as Managing Director of Wealth Strategy at Ascent from August 2011 to March 2015. Most recently, he served as the Head of Wealth Planning and Family Enterprise Solutions for Bank of the West.

“Eric brings a great depth of family office and legal experience that will help serve clients with complex needs,” said John Zimmerman, president of Ascent Private Capital Management. “He will add invaluable insights and expertise to the Ascent team, as we continue to grow our offices across the country.”

Sanderson earned his bachelor’s degree in international business at the University of Colorado, his law degree from St. Mary’s University School of Law and is a graduate of the Tax Program, with a Master of Laws in Taxation from the University of Denver.

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, Minneapolis, San Francisco and Seattle.

About U.S. Bank

U.S. Bancorp, with 74,000 employees and $482 billion in assets as of June 30, 2019, 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 2019 World’s Most Ethical Company. Visit U.S. Bank at usbank.com or follow on social media to stay up to date with company news.

About Ascent Private Capital Management of U.S. Bank

Ascent 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.

Investment products and services are:

NOT A DEPOSIT • NOT FDIC INSURED • MAY LOSE VALUE • NOT BANK GUARANTEED • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

U.S. Bank and its representatives do not provide tax or legal advice. Each individual's tax and financial situation is unique. Individuals should consult their tax and/or legal advisor for advice and information concerning their particular situation.

Credit products are offered by U.S. Bank National Association and subject to normal credit approval. Deposit products are offered by U.S. Bank National Association. Equal Housing Lender. Member FDIC.

Heather Draper U.S. Bank Public Affairs and Communications 651-528-5409 heather.draper@usbank.com

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