Ascent Managing Director, CFO Services

US Bank   •  

San Diego, CA

Industry: Accounting, Finance & Insurance


15+ years

Posted 44 days ago

Ascent Managing Director, CFO Services

Ascent Private Capital Management of U.S. Bank exclusively serves UHNW clients with net worth in excess of $75MM.  The Managing Director,CFO Services (MD,CFO Services) operates as our clients’ chief familyfinancial officer and manages client business, family office and personalfinancial data. This person isresponsible for a critical discipline, and contributes to a dynamic team as part of a holisticwealth management/family office platform/team delivery. 

The MD,CFO Services provides comprehensive and sophisticated net-worth management and planning services including:financial organization and oversight,risk management, customized net worth andcash flowreporting, information management andtaxreporting coordination.  ACPA is highly recommended, as well as prior accounting andCFOexperience within a family owned business or a family office.

  Additionally, the ideal candidate will have priorexperience with incometax planning and compliance for UHNW individuals, trusts, closely-held businesses, and pass-through entities.  He or she should also possess general knowledge of estate/gift planning, estate reduction/wealth transfer strategies, and charitable planning strategies.  Most of all, the successful candidate will bring theexperience and soft skills necessary to succeed as a trusted advisor to UHNW individuals, and will have an established track record of similar accomplishments.  

This positionshares responsibility for growing the UHNW family office practice with his/her Ascent Regional Office colleagues, and is furtherresponsible for building and maintaining theCFO Services practice area.  The MD,CFO Servicesreports to the Regional Managing Director, works collaboratively with the other Ascent Regional Office team members, and has a dotted line to the Ascent national practice leader forCFO Services.  


  • Minimum 15+ years’ experience within family office, family owned business, wealth management/financial planning firm, public accounting firm or other relevant experienceworking with/for UHNW clients       
  • Bachelor’s degreerequired; related Master’s degreepreferred; CPA highly recommended; other professional designations recommended (CFP, CFA, JD, etc.).
  • Ability to independently create, analyze and review financial documents, including income statements, balance sheets and tax returns
  • Strong proficiency in general ledger accounting and related software systems (e.g., Microsoft Dynamics, Sage Intacct, QuickBooks), and is required to have advanced Microsoft Excel skills 
  • Experience with an investment portfolio data aggregation and reporting platform preferred (e.g., Addepar, Black Diamond, PCR)
  • Comfortable navigation of the entities typically used for planning purposes, including Partnerships, Trusts, Limited Liability Corporations, C & S Corporations, etc.
  • Ability to analyze and provide solutions relative to income, gift and estate tax planning
  • Demonstrated leadership skills, and strong problem-solving and analytical skills
  • Highly developed soft skills necessary to work intimately with families on highly sensitive, complex and confidential matters
  • Proven track record as a trusted advisor to UHNW individuals