Private Wealth Advisor
About the job
- A bachelor's degree or equivalent work experience is required.
- Eight or more years of experience in high- and ultra-high-net-worth client wealth management activities are required.
- Registration with the National Mortgage Licensing System (NMLS) under the S.A.F.E. Act of 2008 and Regulation Z is required, including completion of a criminal background and credit check; failure to meet or maintain registration requirements may result in rescission of the offer or termination of employment.
- The role requires strong relationship management, networking, and business development skills.
- The role requires thorough knowledge of U.S. Bancorp banking, trust, and investment products and services.
- The role requires the ability to partner with colleagues to identify and service unique client needs.
- The role requires well-developed analytical and problem-solving skills.
- The role requires excellent writing, speaking, and presentation skills.
- The role requires the ability to make critical decisions independently.
- Retain and grow medium- to large-sized high-net-worth client relationships.
- Build a team of banking, trust, and investment professionals around each client to meet and exceed client needs.
- Provide counsel and expert advice across all areas of wealth management, handling complex wealth and relationship-management issues.
- A professional designation such as CFA or CFP is preferred.
- The ability to drive business is preferred.
About the company
U.S. Bank is one of the largest banks in the United States, serving consumers, small businesses, corporations, and government agencies with banking, lending, payments, and wealth management. Its Elavon subsidiary is one of the world's biggest processors of card payments for merchants, handling sales in the United States, Canada, and Europe. People and small businesses use its branches and mobile app for checking, savings, credit cards, mortgages, and loans, while companies use it for corporate cards and cash management, and the bank earns money from loan interest and fees. U.S. Bank received national bank charter No. 24 in 1863, under President Abraham Lincoln, and is based in Minneapolis as the main subsidiary of U.S. Bancorp.
Company Size
10,001+
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
1863
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Simplify's Take
What believers are saying
- Profits are climbing: net income rose 20% to $2.2 billion in the June 2026 quarter on record $7.7 billion revenue.
- Room to grow: U.S. Bank listed 1,285 open roles in October 2026, led by 512 in branch banking.
- Stability has a track record: U.S. Bancorp stayed profitable through the 2008 financial crisis, earning $2.9 billion that year.
What critics are saying
- Its card-processing arm is slowing: after losing European sales partners, merchant revenue grew just 2.3% in the June 2026 quarter.
- Headcount keeps falling: U.S. Bancorp's staff shrank 12% in three years, to 68,520 by December 2025.
- Expect three office days a week: since March 2024, attendance counts in performance reviews for staff near its hub offices.
What makes U.S. Bank unique
- Payments is unusually big for a bank: card issuing, merchant processing and corporate payments made 23% of revenue in mid-2026.
- Washington pays with its cards: only U.S. Bank and Citibank issue federal SmartPay cards, about $40 billion a year.
- Amazon chose it over American Express: U.S. Bank began issuing Amazon's small business credit cards in May 2026.
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Benefits
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Disability Insurance
- 401(k) Retirement Plan
- Paid Vacation
- Paid Holidays
- Adoption Assistance
- Paid Sick Leave