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.