U.S. Bank Wealth Management has appointed Eric Sanderson as senior managing director of Family Office Services for Ascent Private Capital Management, the company’s family office advisory and wealth management business for ultra-high-net-worth clients, according to a news release.

In his new role, Sanderson will be based in Ascent’s Denver office and will work with families on preserving, protecting and increasing assets to support continuation of the family’s legacy and business interests. 

Sanderson has 24 years of wealth management, family office and legal experience.  He rejoins the company after serving as managing director of wealth strategy at Ascent from August 2011 to March 2015. Most recently, he served as head of wealth planning and family enterprise solutions for Bank of the West.

Sanderson received his bachelor’s degree in international business at the University of Colorado. He earned a law degree from St. Mary’s University School of Law and a Master of Laws in Taxation from the University of Denver.

Minneapolis-based U.S. Bancorp, with 74,000 employees and $482 billion in assets as of June 30, 2019, is the parent company of U.S. Bank, the fifth-largest bank in the United States.