Rauchle will lead the investment process and develop and head the group that creates and implements unique and customized investment strategies for ultra high net worth clients.
The strategies include risk management, manager due diligence, asset allocation, portfolio construction, and investment communication regarding investment policy and trust and fiduciary issues.
Rauchle over 22 years of experience in the financial services industry. Prior to US Bank, he was the founder and president of Wells Fargo Alternative Asset Management (WFAAM), a subsidiary of Wells Fargo.
Rauchle was also head of the Wells Fargo Family Wealth Alternative Investment Group and served as chairman of both the WFAAM Investment advisory board and WFAAM’s SEC-registered funds board.
He also founded and headed Wells Fargo’s Risk- Optics investment risk-assessment practice. Prior to Wells Fargo, he was a director with Charles Schwab’s investment management and retirement divisions and also headed US Bank’s Qualivest mutual fund complex.
US Bank president of the ultra high net worth group Michael Cole said that Rauchle’s experience in managing money across a wide of variety of platforms will help the bank serve clients more effectively.