US Bank Wealth Management has named Jason Stamm as central region president for its high net worth Private Client Reserve arm, succeeding Mike Ott, who was promoted to president of the PCR last October.

US Bank has named Jason Stamm as central region president for its high net worth Private Client Reserve, succeeding Mike Ott, who was promoted to president of the PCR last October.

Prior to his promotion, Ott served as central region president and Twin Cities market leader for the PCR.

Based in Minneapolis, MN, Stamm will oversee a team of over 350 investment, trust, private banking, and financial planning professionals serving HNW individuals and families. He will work with other PCR market leaders across Chicago, IL, Kansas City, MO, Madison, WI, Milwaukee, WI, Minneapolis, MN, St Paul, MN, and St Louis, MO. 

Stamm has worked in the financial services industry for 21 years, having been with BMO Private Bank and its predecessors since 1996. In his most recent role as regional president there, he led the business operations and talent integration for the private bank of BMO, Harris Bank and M&I in the north-central region.

US Bank’s PCR serves individuals, families and foundations with investable assets of a least $1 million. It has 37 offices in 19 states and employs 1,300 financial professionals.