U.S. Bank Wealth Management has named Scott Kaul wealth management advisor managing director for The Private Client Reserve in Minneapolis.

Kaul  previously served as a wealth management advisor for The Reserve, joining U.S. Bank in 1994. In his new role he will supervise a team of specialists to provide customized strategies tailored to his clients’ needs.

The Private Client Reserve is part of Minneapolis-based U.S. Bank Wealth Management serving families with $3 million or more in net worth. Both entities are subsidiaries of USBancorp.