Jorgen Gustafson Joins Private Client Reserve of U.S. Bank

U.S. Bank, a provider of wealth management and private banking services, has appointed Jorgen Gustafson as vice president and senior portfolio manager for The Private Client Reserve of U.S. Bank. Before joining The Private Client Reserve, Gustafson held several roles with Morgan Stanley Smith Barney, most recently serving as second vice president and complex business development officer with responsibility for revenue generation, practice management and oversight of financial advisors.

PRESS RELEASE

U.S. Bank, a leading provider of wealth management and private banking services,* announced today that Jorgen Gustafson has been appointed Vice President and Senior Portfolio Manager for The Private Client Reserve of U.S. Bank.
In his new position, Gustafson will provide clients with integrated and customized investment services, drawing upon the full range of resources available through The Private Client Reserve.
Before joining The Private Client Reserve, Gustafson held several roles with Morgan Stanley Smith Barney, most recently serving as second vice president and complex business development officer with responsibility for revenue generation, practice management and oversight of financial advisors.
Gustafson earned a bachelor of arts in management from Boise State University in Boise, Idaho. Additionally, Gustafson serves as vice chairman of the board and director of fundraising events for The First Tee of South Puget Sound, which gives young people an opportunity for personal development through golf. He helped found the organization and was its first vice chair.
About The Private Client Reserve of U.S. Bank
The Private Client Reserve of U.S. Bank is a provider of comprehensive wealth management services for high-net-worth individuals, families and foundations with investable assets of more than $1 million. Highly experienced wealth management advisors lead client-focused teams that deliver forward-thinking, customized strategies including investment management, private banking, personal trust and estate administration and financial planning services designed for each client’s unique goals and needs. The Private Client Reserve is a part of U.S. Bank’s Wealth Management Group. For more information, visit www.privateclientreserve.usbank.com.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB), with $352 billion in assets as of September 30, 2012, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The Company operates 3,086 banking offices in 25 states and 5,080 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp and its employees are dedicated to improving the communities they serve, for which the company earned the 2011 Spirit of America Award, the highest honor bestowed on a company by United Way. Visit U.S. Bancorp on the web at usbank.com.
* Barron’s ranked U.S. Bank Wealth Management the 19th-largest U.S. wealth manager in its 2012 survey of “Top 40 Wealth Managers” published on Sept. 15, 2012.
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