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Bank of the West hires Steve Prostano to lead an ultra high net worth business


Bank of the West has hired Steve Prostano to develop a comprehensive set of services for ultra high net worth individuals, families and family offices with more than USD25 million in assets.

As a rapidly growing wealth management organisations in the US, Bank of the West Wealth Management Group serves the needs of affluent, high net worth and ultra high net worth clients through a range of banking and investing solutions uniquely tailored for these clients and delivered through a team of skilled, trusted client advisors.

Under Prostano's leadership, Bank of the West Wealth Management Group will deliver customised solutions to ultra high net worth clients throughout the United States.

"We are building a world-class wealth management business at Bank of the West and I am pleased to have such an experienced leader joining our team," says John Bahnken, senior executive vice president, Wealth Management Group. "Steve's deep expertise in working with and finding solutions for this client segment will help our organisation better meet the complex needs facing these clients today."

Prostano is a recognised leader in the wealth management, multi-family office and global financial services industries. He has more than 30 years of extensive strategic and tactical experience designing, building, managing and growing successful businesses – nationally and globally. Throughout his career, Steve has also consulted numerous industry leaders as well as high-net-worth and ultra-high-net worth individuals, families, family offices and not-for-profits.

Prostano is a former practicing attorney and certified public accountant, with a master's of law degree in taxation, and has served as an adjunct professor at the Boston College Carroll Graduate School of Management. He has won numerous industry awards and is frequently quoted in the media about industry trends and developments.

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