U.S. Bank Wealth Management has appointed Daniel Rauchle as head of investment management for the ultra high-net-worth group. Based in San Francisco, Rauchle will manage the investment strategies for U.S. Bank’s ultra high-net-worth clients. Before joining U.S. Bank, he was the founder and president of Wells Fargo Alternative Asset Management, a subsidiary of Wells Fargo. Prior to joining Wells Fargo, he was a director with Charles Schwab’s investment management and retirement divisions and also headed U.S. Bank’s Qualivest mutual fund complex.

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