The Private Client Reserve of US Bank, which targets HNW clients with more than $1 million in investable assets, has appointed Joel Yudenfreund and Sandra Fleming to its Palm Beach, FL office, according to Palm Beach Daily News.
Yudenfreund is an attorney with a number of years’ experience in the investment industry, having formerly worked at US Trust and Citi Private Bank, the report says. He joins as a wealth management strategist.
Meanwhile, Fleming has been appointed as a senior portfolio manager. She was previously president of the Florida Wealth Management Group at Wilmington Trust/M&T Bank, according to the report.
The firm could not be reached to confirm the news at the time of publication.
US Bank announced last September that it was expanding and relocating the Palm Beach office of The Private Client Reserve to Royal Palm Way. At the time, the office had six investment and private banking professionals. It offers investment management, private banking, trust and estate services, financial planning, and multigenerational wealth planning.