U.S. Trust Hires Wells Fargo Exec to Head Group

US Trust has hired a 20-year industry veteran from Wells Fargo.

Jennifer M. Lee joins the Bank of America unit to head the firm's group based in New York.

Lee will oversee 33 advisors, as well as other personnel. U.S. Trust handles more than 4000 clients, according to the firm.

Before moving, Lee managed client relationship teams for Wells Fargo in New York, Long Island and Westchester County for almost six years. Prior to working with Wells Fargo, she held various senior leadership roles at Lehman Brothers.

She began her career with J.P. Morgan, where she worked for seven years in its private banking space.

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