The Private Client Reserve at U.S. Bank

The Private Client Reserve at U.S. Bank Review

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3.2
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4 years ago

Do not do business with this company. They are cro...

Do not do business with this company. They are crooks, plane and simple. My uncle, now deceased, contracted with them to handle his estate after his death and disperse. It has been over eight months since the probate court approved the dispersal of funds from the trust to the beneficiaries and we still haven't received over $400,000. The US Bank executor uses the excuse of "We need more time to figure out the taxes reported to the beneficiaries and pay the taxes due on the interest and dividends earned by the estate. It doesn't take eight months to figure out the reported income received by the beneficiaries, more like eight man hours to do the task. Also the amount of income earned by the estate was only around $30,000 but US Bank insists on withholding over $400,000 to cover the tax liability even though they deducted estimated taxes due. Meantime US Bank Private Client Reserve is running up management fees. I've had to resort to hiring an attorney and sue US Bank to get my inheritance.

About The Private Client Reserve at U.S. Bank

The Private Client Reserve at U.S. Bank is a premier banking and wealth management service that offers personalized solutions to high net worth individuals, families, and businesses. With over 150 years of experience in the financial industry, U.S. Bank has established itself as a trusted partner for its clients' financial needs.

At The Private Client Reserve, clients have access to a team of experienced professionals who provide customized solutions tailored to their unique financial goals and objectives. The team includes wealth advisors, investment managers, trust officers, and private bankers who work together to create comprehensive strategies that align with each client's specific needs.

One of the key benefits of working with The Private Client Reserve is the level of personal attention clients receive. Each client is assigned a dedicated relationship manager who serves as their primary point of contact throughout their banking journey. This ensures that clients receive consistent communication and support from someone who understands their individual circumstances.

In addition to traditional banking services such as checking and savings accounts, The Private Client Reserve offers a range of specialized products designed for high net worth individuals. These include custom lending solutions such as home equity loans and lines of credit, as well as investment management services that help clients grow their wealth over time.

Another advantage offered by The Private Client Reserve is its commitment to staying ahead of industry trends and technological advancements. Clients can access their accounts online or through mobile devices using the bank's secure digital platform. This allows them to manage their finances on-the-go while still receiving the same level of personalized service they would expect from an in-person meeting.

Overall, The Private Client Reserve at U.S. Bank provides an exceptional banking experience for those seeking personalized attention from experienced professionals in the financial industry. With its wide range of products and services designed specifically for high net worth individuals, it's no wonder why so many people choose U.S Bank when looking for a trusted partner in managing their finances."

The Private Client Reserve at U.S. Bank

The Private Client Reserve at U.S. Bank

3.2