U.S. Bank continues to bolster its high-net-worth wealth management business. The bank hired Doug Heding as private banking officer in Milwaukee and Kenan Aksoz as a wealth management consultant in Minneapolis. Both joined the Private Client Reserve, the banks high-net-worth business unit.
Heding, who was appointed assistant vice president, will manage the banking needs of high-net-worth clients. He was previously a private banking officer for The PrivateBank and Trust in Milwaukee.
Aksoz will develop comprehensive wealth management strategies for the firms clients. He has more than 23 years of experience in the financial services industry, including co-founding Aksoz Medved, a mergers, acquisitions and management advisory services firm.
The new hires are the latest in a string of new additions to the banks high-net-worth business over the last several months. The most recent hires include a new wealth advisor, trust officer and senior portfolio manager added to the Minneapolis earlier this month.
The Private Client Reserve defines high-net-worth clients as individuals, families and foundations with more than $1 million in investable assets. It is part of U.S. Banks Wealth Management Group.
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