Key Takeaways
- • U.S. Bank named Daniel Farley, CFA, as chief investment officer for its Wealth Management Asset Management Group, announced June 16, 2026 via Business Wire.
- • Farley will lead investment strategy, portfolio construction, asset allocation and investment decisions for more than 480,000 wealth management clients.
- • Farley has been with U.S. Bank since 2010 and most recently served as Private Wealth Management Midwest region executive, leading a team of more than 300 professionals.
- • The appointment places Farley in charge of the firm's investment perspective on inflation, interest rates and global diversification.
Summary
U.S. Bank announced on June 16, 2026 that Daniel Farley, CFA, has been appointed chief investment officer (CIO) for the Wealth Management Asset Management Group, according to a Business Wire release issued from Minneapolis. In the role, Farley will oversee the group's investment strategy, guide portfolio construction, asset allocation and investment decisions for more than 480,000 wealth management clients. The bank said he will play a central role in shaping the firm's investment perspective on inflation, interest rates and global diversification, and in supporting portfolio strategies intended to help clients navigate changing market conditions.
Scott Ford, president of Wealth Management at U.S. Bank, described Farley as a "proven, visionary leader with deep investment expertise." Ford said Farley delivered strong results leading the Midwest region for U.S. Bank Private Wealth Management and contributed to initiatives strengthening client service. Farley has worked at U.S. Bank since 2010, most recently as Private Wealth Management Midwest region executive, where he led a multidisciplinary team of more than 300 professionals across private banking, financial and estate planning, investment management and trust administration. Earlier roles included regional investment director and senior portfolio manager.
Before joining U.S. Bank, Farley was a commercial real estate professional at Dougherty Financial Group and chief financial officer at Master Development Services. He began his career as a combat engineer officer in the U.S. Army. He holds a bachelor's degree in civil engineering from the University of Notre Dame, graduating summa cum laude, and an MBA in finance and marketing from the Wharton School at the University of Pennsylvania, where he graduated with honors. He also holds the Chartered Financial Analyst (CFA) designation.
The release also cited industry recognition for U.S. Bank Wealth Management, including a No. 1 ranking for Investments on TIME's "America's Best Financial Services of 2026" list and the top spot in overall client satisfaction in the J.D. Power 2024 U.S. Full-Service Investor Satisfaction Study. U.S. Bank Wealth Management operates through U.S. Bank and its affiliates U.S. Bancorp Investments and U.S. Bancorp Advisors, which offer brokerage, advisory and insurance services. U.S. Bancorp is the parent of U.S. Bank National Association, the fifth-largest commercial bank in the United States.
Scott Ford, president of Wealth Management at U.S. Bank, described Farley as a "proven, visionary leader with deep investment expertise." Ford said Farley delivered strong results leading the Midwest region for U.S. Bank Private Wealth Management and contributed to initiatives strengthening client service. Farley has worked at U.S. Bank since 2010, most recently as Private Wealth Management Midwest region executive, where he led a multidisciplinary team of more than 300 professionals across private banking, financial and estate planning, investment management and trust administration. Earlier roles included regional investment director and senior portfolio manager.
Before joining U.S. Bank, Farley was a commercial real estate professional at Dougherty Financial Group and chief financial officer at Master Development Services. He began his career as a combat engineer officer in the U.S. Army. He holds a bachelor's degree in civil engineering from the University of Notre Dame, graduating summa cum laude, and an MBA in finance and marketing from the Wharton School at the University of Pennsylvania, where he graduated with honors. He also holds the Chartered Financial Analyst (CFA) designation.
The release also cited industry recognition for U.S. Bank Wealth Management, including a No. 1 ranking for Investments on TIME's "America's Best Financial Services of 2026" list and the top spot in overall client satisfaction in the J.D. Power 2024 U.S. Full-Service Investor Satisfaction Study. U.S. Bank Wealth Management operates through U.S. Bank and its affiliates U.S. Bancorp Investments and U.S. Bancorp Advisors, which offer brokerage, advisory and insurance services. U.S. Bancorp is the parent of U.S. Bank National Association, the fifth-largest commercial bank in the United States.
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