Scott Ford promoted to president of Wealth Management at U.S. Bank
May 17 2023 - 8:00AM
Business Wire
U.S. Bank announced today that veteran wealth management leader
Scott Ford is its new president of Wealth Management. Beginning
June 1, Ford will lead all of U.S. Bank’s wealth businesses,
including Affluent Wealth Management, Private Wealth Management and
Ascent Private Capital Management of U.S. Bank. He will also
oversee U.S. Bancorp Investments (USBI).
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Scott Ford, President, U.S. Bank Wealth
Management. (Photo: Business Wire)
These businesses represent more than 3,200 professionals who
work with clients across the United States to provide products and
services like wealth planning, investment management, trust and
estate services and wealth management banking through U.S. Bank,
and financial planning, investment, insurance and brokerage
services through U.S. Bancorp Investments.
Previously, Ford led U.S. Bank’s Affluent Wealth Management
business – a team of more than 1,400 bankers and U.S. Bancorp
Investments financial advisors. Prior to joining U.S. Bank in 2021,
Ford served as a regional director, Wealth Management at JPMorgan
Chase, overseeing their largest wealth region, New York.
“Scott is an effective leader with a passion for building teams
and putting clients at the center of everything he does,” said
Gunjan Kedia, Vice Chair, U.S. Bank Wealth Management and
Investment Services. “Now more than ever, providing the right
advice at the right time is essential to help people achieve better
financial outcomes. Core to our U.S. Bank offering is our
commitment to helping clients achieve their desired financial
outcome, and I am so excited we have named Scott Ford to lead this
vision for the company. He has expanded the advisor and banker
teams over the last two years, and he has spearheaded our efforts
to meet the needs of Black investors and to contribute to
discussions on this important topic in public forums. With nearly
25 years of industry experience and an impeccable financial acumen,
Scott is respected by his peers, his partners, and his teams.”
Ford is succeeding Mark Jordahl as president of Wealth
Management. Jordahl has been with U.S. Bank since 2001 and has been
instrumental in modernizing and expanding the bank’s wealth
management business. Under his leadership, U.S. Bank launched a
digital investing platform, upscaled its client base, ventured into
new markets and increased diversity in the workforce. Jordahl will
retire this summer.
“Mark has been a tremendous advocate of the wealth business and
a key ambassador of our brand,” Kedia said. “His investing
expertise, coupled with his fundamental desire to do what is best
for our clients and our people, is a winning combination that not
only drove growth but did it the right way. We thank him for his
leadership, and we wish him all the best in his retirement.”
About U.S. Bank Wealth Management
U.S. Bank Wealth Management offers comprehensive wealth
management services, including wealth planning, investment
management, trust and estate services and wealth management banking
through U.S. Bank, and financial planning, investment, insurance
and brokerage services through U.S. Bancorp Investments
About U.S. Bank
U.S. Bancorp, with approximately 77,000 employees and $682
billion in assets as of March 31, 2023, is the parent company of
U.S. Bank National Association. The Minneapolis-based company
serves millions of customers locally, nationally and globally
through a diversified mix of businesses: Consumer and Business
Banking; Payment Services; Corporate & Commercial Banking; and
Wealth Management and Investment Services. Union Bank, consisting
primarily of retail banking branches on the West Coast, joined U.S.
Bancorp in 2022. U.S. Bancorp has been recognized for its approach
to digital innovation, social responsibility, and customer service,
including being named one of the 2023 World’s Most Ethical
Companies. Learn more at usbank.com/about.
Investment and Insurance products and services including
annuities are:
NOT A DEPOSIT ● NOT FDIC INSURED ● MAY LOSE VALUE ● NOT BANK
GUARANTEED ● NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
U.S. Wealth Management – U.S. Bank | U.S. Bancorp Investments is
the marketing logo for U.S. Bank and its affiliate U.S. Bancorp
Investments Inc.
For U.S. Bank:
Member FDIC. U.S. Bank is not responsible for and does not
guarantee the products, services or performance of U.S. Bancorp
Investments. U.S. Bank does not offer insurance products. Insurance
products are available through our affiliate U.S. Bancorp
Investments.
For U.S. Bancorp Investments:
Investment products and services are available through U.S.
Bancorp Investments, the marketing name for U.S. Bancorp
Investments, Inc., member FINRA and SIPC, an investment adviser and
a brokerage subsidiary of U.S. Bancorp and affiliate of U.S.
Bank.
Insurance products are available through various affiliated
non-bank insurance agencies, which are U.S. Bancorp subsidiaries
and affiliates of U.S. Bank. Products may not be available in all
states. CA Insurance License# 0E24641.
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version on businesswire.com: https://www.businesswire.com/news/home/20230517005238/en/
Kristin Kelly, U.S. Bank Public Affairs and Communications
kristin.kelly@usbank.com 303.585.4129
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