U.S. Bank Hires Wealth Management Staff in Seattle, San Francisco and Minneapolis

U.S. Bank has snagged a senior trust professional from Bank of America to fill the post as personal trust managing director for the bank’s Private Client Reserve high-net-worth business in Seattle.

Andrea Kaempf will lead the personal trust team in Washington State, U.S. Bank said in a press release.

Before joining The Private Client Reserve, Kaempf served in numerous leadership roles with Bank of America’s philanthropic management practice and most recently served in a senior fiduciary capacity with the bank’s U.S. Trust division in the Seattle and Bellevue, Wash., markets.

In addition, the Reserve hired a former executive of Wells Fargo Private Bank as a senior private banking officer in San Francisco. Scott Wiley will help high-net-worth individuals and families with their private banking needs.

Lastly, the Reserve hired a senior portfolio manager in Minneapolis. Steven Hobbs, formerly a senior portfolio manager at U.S. Trust, will develop customized investment portfolios for the firm’s high-net-worth clients.

The Private Client Reserve defines high-net-worth clients as those with more than $1 million in investable assets. It is part of U.S. Bank’s Wealth Management Group.

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