Chief Fiduciary Officer
“As a fiduciary, we have a higher duty to our clients and their beneficiaries, a legal responsibility to make decisions with their best interest in mind and to operate with transparency.”
Sally Mullen began her professional career in a private law practice, but it didn’t take long for her to gravitate to trust and estate work for financial services clients. “My father was a portfolio manager and I was always interested in hearing him talk about his work. After practicing law for a couple of years, I realized that I preferred working with people in a non-adversarial context. Trust and estate planning and administration, which touch on many aspects of the law, is both intellectually interesting and emotionally satisfying to me.”
Sally joined U.S. Bank in 1985, immediately building a portfolio of trust clients. Now she oversees all aspects of the personal trust business for U.S. Bank Wealth Management and chairs the Personal Trust Executive Management Committee. While her leadership style is characterized by collaboration and tact, she’s very comfortable speaking out and being persistent when the situation calls for it.
“As a fiduciary, we have a higher duty to our clients and their beneficiaries, a legal responsibility to make decisions with their best interest in mind and to operate with transparency. It is important and very rewarding work.”
Education and community involvement
Sally is currently serving as chairman of the Board of Trustees for Twin Cities Public Television. She has been recognized as a Top Woman in Finance by the business publication Finance & Commerce, and nominated four times to the U.S. Bank team of “Most Powerful Women in Banking” sponsored by U.S. Banker magazine.