U.S. Bank is bolstering its high-net-worth wealth management business in Chicago.
The banks Private Client Reserve lured an industry veteran from UBS Private Wealth Management to serve as a wealth management advisor in Chicago. Christopher Kurimay will provide high-net-worth clients with integrated wealth management services, the bank announced in a press release.
Kurimay has more than 16 years of experience serving institutional, family office and high-net-worth clients throughout the Midwest and Boston. He fills a new position that was created to accommodate growing business in the Chicago market, a spokesperson for U.S. Bank said.
In addition, the Reserve hired three individuals to fill open positions in New York, Seattle and St. Paul. Scott Fitzgerald joined the Reserve as a wealth management advisor in New York. He was previously a senior relationship manager with HSBC, a relationship manager with City National Bank, and a personal banker managing affluent client relationships with JPMorgan Chase.
Ruth Granen joined the Reserve in Seattle as vice president and personal trust relationship manager. She will deliver personal trust and estate administration services to individuals, families and corporations. Before joining the Reserve, she was a financial manager for Ohana Fiduciary Corp., where she specialized in the administration of high-net-worth client relationships and special-needs trusts.
In St. Paul, the Reserve hired Tina Cain as vice president and trust officer. She previously served as a vice president and trust officer for Associated Trust Company.
The Reserve defines high-net-worth clients as individuals, families and foundations with more than $1 million in investable assets.