U.S. Bank is staffing up to serve the ultra-wealthy in San Francisco.
The banks ultra-high-net-worth unit has hired four managing directors at its newly opened office there. Tom Crotty joined Ascent Private Capital Management as managing director of Financial Administration, a role equivalent to that of a chief financial officer for wealthy clients, the bank said in an announcement Monday. Before joining Ascent, Cotty was president of Montgomery Professionals, a San Francisco Bay area accounting and staffing firm.
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