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Leadership And Collaboration

Michael Ott, President

Mike Ott internalized many of the lessons he learned in the U.S. Air Force and now applies them to his job as President of U.S. Bank Private Wealth Management. “Integrity, positive attitude, drive and a healthy dose of collaboration are just as important as knowing who you are and showing up honestly for others,” he says. “The military teaches you how to build trusting and diverse teams. It teaches you how to pursue excellence relentlessly —
how to get better every day, look over the horizon and anticipate. It teaches you how to be unified to achieve goals.”

Mike retired as a Colonel from the U.S. Air Force Reserve in 2015, but he still brings a disciplined philosophy to work with him every day, and he encourages others to do the same. As the leader of Private Wealth Management, Mike is responsible for the success of teams in 37 offices across the country, as well as the clients they serve. Mike sets the strategy and vision and is responsible for developing business in key areas, including Investment Management, Private Banking, Wealth Planning and Trust and Estate Services.

Mike joined U.S. Bank in 2009 as head of investments for Private Wealth Management in the Twin Cities. He was named Twin Cities Market Leader in 2010, appointed Central Region President in 2011 and President in 2013. Prior, his career spanned many leadership roles in several private asset management and institutional equity companies.

Service to Others
Mike is the Co-Executive Sponsor of the Proud to Serve Committee, a U.S. Bank Business Resource Group dedicated to building connections on behalf of U.S. Bank employees who serve in the U.S. military as guardsmen and reservists. Mike’s work in Proud to Serve focuses on hiring and supporting veterans and members of military families throughout their U.S. Bank careers. This includes community engagement with military service organizations, professional development and education, and business support and training. Mike was instrumental in helping U.S. Bank earn a Freedom Award in 2013 — the highest national honor given to employers in recognition of their company’s support for National Guard and Reserve employees. In addition to his Proud to Serve role, Mike is a trustee/board member of MN Philanthropy Partners and AirSpace MN.

Education and Additional Background
Mike graduated with an engineering degree from the U.S. Air Force Academy in Colorado Springs, Colorado, and earned his MBA from Boston College. An active duty officer for more than six years, Mike subsequently served in the U.S. Air Force Reserves in a variety of roles, including as a joint strategy, innovation and rapid field advisor to the United States Department of Defense at the Pentagon and with the Minnesota National Guard, where he was the director of cyber strategy.

Michael Ott, President

michael.ott@usbank.com   |   612.303.0884


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