DENVER, CO--(Marketwire - October 12, 2010) - First Western Trust Bank, striving to be the best private bank for the Western wealth management client, announced that Russel Schmucker has been named President of the firm's Cherry Creek office.
Mr. Schmucker is responsible for providing Private Banking, Wealth Planning, Trust and Investment Management services to high-net-worth individuals, their extended families, and their closely held businesses. Prior to joining First Western, Mr. Schmucker served as Managing Partner and COO of Winston Capital, an investment advisor specializing in fixed income.
"Our goal at First Western has always been to provide wealth management solutions that cater to each client's unique needs," said Joanne Field, President of First Western Trust Bank, Colorado, "and Russel is especially qualified. We are pleased to have him leading the charge in our Cherry Creek office."
Mr. Schmucker, who earned his Bachelor's of Business Administration from the University of Nebraska, brings more than 13 years of experience in financial services to First Western. Previous to his role with Winston Capital, Mr. Schmucker was the Senior Managing Director of the Private Client Group at US Bank, overseeing operations and business development as well as risk management and compliance. During his tenure at US Bank, he was consistently recognized for his professional achievements and outstanding performance as part of the top ten percent of all employees.
Mr. Schmucker will be part of the leadership team at First Western Trust Bank, Cherry Creek. The office's clients have direct access to a fully integrated approach to wealth management, including institutional quality portfolio management.
About First Western Trust Bank
First Western Trust Bank strives to be the best private bank for the Western wealth management client, providing comprehensive tailored solutions in the areas of wealth planning, private banking, investment management and trust services. With over $4 billion in assets under management, First Western was recently ranked by Inc. magazine as one of the fastest growing bank/bank holding institutions in the country. Built specifically for the new economies of the West, the firm and its affiliates have offices in Arizona, California, and Colorado. For more information, visit www.fwtb.com or call 303-531-8100.
Contact Information:
For more information, please contact:
Rebecca Macsovits
First Western Trust Bank
(303) 531-8100
