U.S. Bank Wealth Management has appointed Eric Stern as managing director of private banking for Ascent Private Capital Management of U.S. Bank.
In this newly created role, Stern will provide customized solutions to help manage the banking needs of ultra-high-net-worth clients of Ascent.
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Stern will be supported by a national advisory team that provides wealth impact planning, financial administration and exceptional client experience in the Bay Area.
Stern joins Ascent Private Capital Management from Morgan Stanley Private Bank where he held the role of vice president and worked with individuals and businesses.
Earlier to this, Stern worked with Merrill Lynch, where he helped launch the private bank lending solutions.
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