U.S. Bank Wealth Management has hired a founder of a venture capital firm to grow the firm's ultrahigh-net-worth wealth management business in Seattle, the firm announced on Tuesday.

Jan Hendrickson joined the firm's Ascent Private Capital Management unit as regional managing director. As part of her responsibility for growing Ascent's Seattle office, she will lead nine professionals who provide investment management, private banking, wealth impact planning, and family office advisory services to wealthy clients in the northwest region, the firm said.

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