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U.S. Bank Hires Wealth Management Exec From JPMorgan Chase

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U.S. Bank has hired a former JPMorgan Chase executive to serve as president, Wealth Management Affluent.

In the role, Scott Ford is overseeing the nationwide network of U.S. Bank Wealth Management Affluent professionals of both U.S Bank and U.S. Bancorp Investments, the company said Wednesday.

The division provides an integrated approach to wealth management, serving affluent clients across the U.S., including wealth planning, investment management, trust and estate services and wealth management banking via U.S. Bank, and financial planning, investment, insurance and brokerage services through U.S. Bancorp Investments.

Ford brings more than two decades of industry experience, with notable expertise in leading wealth management teams and developing successful growth strategies.

He comes from JPMorgan Chase, where he most recently served as a regional director, Wealth Management, overseeing that firm’s largest wealth region, New York. He joined that firm in 2012, according to his LinkedIn profile.

Prior to that, Ford held leadership positions at Citibank’s wealth management division, where he helped to develop strategy, oversee team and individual sales performance and manage daily activities for multiple office regions, according to U.S. Bank. Prior to leaving Citi for JPMorgan Chase, he served as senior vice president, wealth management for Citi Personal Wealth Management.

He joined the industry in 1987 as a broker for Shearson Lehman Hutton, according to his report on the Financial Industry Regulatory Authority’s BrokerCheck website.

“Scott knows firsthand how to effectively collaborate across an organization like ours in order to bring value-added solutions to clients,” according to Mark Jordahl, U.S. Bank Wealth Management president. “He has a passion for developing talent as well as building teams and sustainably high-performing businesses.”

U.S. Bank is a division of U.S. Bancorp, which had almost 70,000 employees and $554 billion in assets as of Dec. 31.