Key Takeaways
- • U.S. Bank appoints Daniel Farley, CFA, as Chief Investment Officer of Wealth Management Asset Management Group, effective June 16, 2026, to oversee investment strategy for 480,000+ wealth management clients.
- • Farley will lead portfolio construction, asset allocation, and investment decisions while shaping the firm's investment perspective on inflation, interest rates, and global diversification strategies.
- • 16-year tenure at U.S. Bank positions Farley with deep institutional knowledge, most recently serving as Midwest Regional Executive for Private Wealth Management overseeing 300+ professionals delivering comprehensive wealth services.
- • CIO role spans multi-disciplinary oversight including private banking, financial and estate planning, investment management, and trust administration across the bank's substantial client base.
- • Minneapolis-based appointment reflects U.S. Bank's strategy to elevate investment capabilities and help clients navigate changing market conditions, according to Scott Ford, President of Wealth Management.
Summary
U.S. Bank announced the appointment of Daniel Farley, CFA, as Chief Investment Officer for its Wealth Management Asset Management Group, effective June 16, 2026. The promotion represents a significant leadership transition within one of the nation's major wealth management platforms, with Farley tasked with overseeing investment strategy and portfolio decisions for more than 480,000 wealth management clients.
In his new role, Farley will lead the Asset Management Group with comprehensive responsibility for investment strategy, portfolio construction, and asset allocation decisions. He will also serve as a strategic advisor on critical market issues including inflation management, interest rate positioning, and global diversification strategies—key concerns for institutional and high-net-worth clients navigating volatile market conditions. The Minneapolis-based position underscores U.S. Bank's commitment to strengthening its investment capabilities at the executive level.
Farley brings 16 years of tenure within U.S. Bank, most recently serving as Private Wealth Management Midwest Regional Executive, where he led a multi-disciplinary team exceeding 300 professionals. In that capacity, he oversaw a full suite of services spanning private banking, financial and estate planning, investment management, and trust administration. His previous roles include regional investment director and senior portfolio manager, providing extensive experience across the bank's wealth management operations.
Scott Ford, President of Wealth Management at U.S. Bank, characterized Farley as "a proven, visionary leader with deep investment expertise and an unwavering commitment to our clients," noting his delivery of "extraordinary results" in the Midwest region and his instrumental role in advancing client-serving initiatives. The appointment signals U.S. Bank's strategy to leverage internal talent and institutional continuity while positioning itself to compete effectively in the competitive wealth management sector.
In his new role, Farley will lead the Asset Management Group with comprehensive responsibility for investment strategy, portfolio construction, and asset allocation decisions. He will also serve as a strategic advisor on critical market issues including inflation management, interest rate positioning, and global diversification strategies—key concerns for institutional and high-net-worth clients navigating volatile market conditions. The Minneapolis-based position underscores U.S. Bank's commitment to strengthening its investment capabilities at the executive level.
Farley brings 16 years of tenure within U.S. Bank, most recently serving as Private Wealth Management Midwest Regional Executive, where he led a multi-disciplinary team exceeding 300 professionals. In that capacity, he oversaw a full suite of services spanning private banking, financial and estate planning, investment management, and trust administration. His previous roles include regional investment director and senior portfolio manager, providing extensive experience across the bank's wealth management operations.
Scott Ford, President of Wealth Management at U.S. Bank, characterized Farley as "a proven, visionary leader with deep investment expertise and an unwavering commitment to our clients," noting his delivery of "extraordinary results" in the Midwest region and his instrumental role in advancing client-serving initiatives. The appointment signals U.S. Bank's strategy to leverage internal talent and institutional continuity while positioning itself to compete effectively in the competitive wealth management sector.
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