Ben Ollendick

Regional Managing Director, Minneapolis
Ascent Private Client Management

Ben Ollendick has a deep interest in addressing the complex wealth management matters that Ascent clients face.

Ben works with Ascent clients, including business owners and entrepreneurs, on a wide range of wealth management issues. Throughout his career, he has been instrumental in structuring, originating and placing leveraged finance transactions for middle market companies. He also has experience in privately-held asset valuation and private equity investments. Previously, Ollendick served with U.S. Bank Private Wealth Management, leading the private banking practice in Minneapolis.

Ben has been part of Ascent’s considerable growth from the beginning. He leads a team that has comprehensive wealth management experience and an unwavering commitment to serving the needs of clients.

Ollendick earned a bachelor’s degree from the University of Wisconsin-Eau Clair and holds an M.B.A. from the University of St. Thomas in Minneapolis. He serves on the Graduate School Alumni Board for the Opus College of Business at the University of St. Thomas and as a mentor to business school students.

Important Disclosures
 

Investment products and services are:
Not a Deposit   •   Not FDIC Insured   •   May Lose Value   •   Not Bank Guaranteed   •   Not Insured by any Federal Government Agency

  
 

Equal Housing Lender Equal Housing Lender. Credit products are offered by U.S. Bank National Association and subject to normal credit approval. Deposit products offered by U.S. Bank National Association. Member FDIC.

U.S. Bank and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.

Wealth Sustainability services are not fiduciary in nature, and Ascent serves in a non-fiduciary role when providing these services. Wealth Sustainability services may include strategic wealth coaching services in order to facilitate your self-assessment of wealth sustainability issues. Ascent does not engage in the practice of psychology.

  

Alternative investments very often use speculative investment and trading strategies. There is no guarantee that the investment program will be successful. Alternative investments are designed only for investors who are able to tolerate the full loss of an investment. These products are not suitable for every investor even if the investor does meet the financial requirements. It is important to consult with your investment professional to determine how these investments might fit your asset allocation, risk profile, and tax situation.

Investments in real estate securities can be subject to fluctuations in the value of the underlying properties, the effect of economic conditions on real estate values, changes in interest rates, and risks related to renting properties (such as rental defaults).

Hedge funds are speculative and involve a high degree of risk. An investment in a hedge fund involves a substantially more complicated set of risk factors than traditional investments in stocks or bonds, including the risks of using derivatives, leverage, and short sales, wfhich can magnify potential losses or gains. Restrictions exist on the ability to redeem units in a hedge fund.