Benedict is based in Minneapolis and will lead a team of private bankers serving high net worth individuals and their families. He was previously a commercial banker with Excel Bank and a bank examiner with The Federal Reserve Bank of Minneapolis.

Phillips latterly served as market director for Washington Wealth Management and has also held positions with Charles Schwab and Smith Barney. In his new role, he will work to create connections among prospective and existing clients within the Puget Sound region, US Bank said.

In other recent moves at the firm, last month US Bank Wealth Management added Ryan Lange as a portfolio manager in Sioux Falls, SD. Lange will develop and implement investment portfolios for HNW individuals and institutions. Earlier, Frank DeBlasi joined the PCR as a wealth management advisor in Phoenix.