This week in new hires, Kristen Armstrong was named senior wealth dynamics coach at Ascent Private Capital Management and Helen Zhou became managing director of private banking for the Private Client Reserve of U.S. Bank in San Francisco, and Ryan Kaufman has become a registered representative with Securities America.
Ascent Private Capital Management of U.S. Bank Names Kristen Armstrong Senior Wealth Dynamics Coach
U.S. Bank announced Monday that Kristen Armstrong, Ph.D., has been appointed managing director and senior wealth dynamics coach for Ascent Private Capital Management of U.S. Bank, a business line that serves clients with more than $25 million in investable assets. She reports to Scott Winget, senior managing director of wealth planning, and joins senior wealth dynamics coach Amy Zehnder in working with clients of significant wealth on strategies that address complex personal, family and financial issues.
Armstrong has more than 22 years of experience in private practice consulting in family systems, family dynamics, business coaching and leadership coaching.
Helen Zhou Named Managing Director of Private Banking for the Private Client Reserve of U.S. Bank in San Francisco
U.S. Bank, a leading provider of wealth management and private banking services, announced today that Helen Zhou has been appointed managing director of private banking for the Private Client Reserve of U.S. Bank in northern California. In her new role, Zhou will be responsible for building, leading and growing the private banking team and client base in San Francisco, Palo Alto and San Jose.
Zhou brings more than a decade of financial industry experience to her new position. Prior to joining, she served as vice president, senior private banker at Wells Fargo, the Private Bank, where she oversaw full-service banking, investment management and trust, and brokerage relationships with high-net-worth families. Prior to that, she sourced and acquired new relationships for Citigroup/Citibank as an assistant vice president and relationship manager. She has also served as an international wealth management advisor for Merrill Lynch & Co., where she developed investment strategies for clients.
Kaufman Joins Securities America
Financial advisor Ryan Kaufman has become a registered representative with Securities America, an independent broker-dealer located in La Vista, Neb.
Kaufman, 38, joined Securities America from Woodbury Financial Services following a July announcement by American International Group (AIG) that it plans to purchase Woodbury.
“It’s hard to lose a culture that you were happy with, but it is even harder to find a new family that is in alignment with your principles and values, and emphasizes the relationship as most important,” said Kaufman, who served as a member of Woodbury’s Advisory Council. “When I had the opportunity to meet the folks in Omaha face-to-face, and realized what down-to-earth, high-quality professionals they were, I knew they could best serve me in assisting my clients. I feel very comfortable with my new family at Securities America.”
Kaufman joined the financial services industry in 1996 at American Express Financial Advisors. After leaving American Express, he went into the bank environment for a few years before deciding to go independent. In 2005, Kaufman joined SunAmerica Securities, an AIG affiliate, where he created his own branch office. He then moved to SagePoint Financial, only to have the broker-dealer acquired by AIG shortly after his transition. To better meet his clients’ needs, Kaufman moved to Woodbury in 2009 and continued to grow his business.
Kaufman’s branch has nearly $1.3 million in annual revenue. He currently holds the Series 7, 63 and 65 licenses. His business, Koi Wealth Management, is located in Rocklin, Calif.