A thoughtful and thorough approach
While working with your private client advisor, your core team may also include a private client manager, a portfolio manager and/or a trust officer. Depending on your situation, they can also draw upon the guidance of a highly-credentialed wealth strategist and specialists for a broad-based view of your finances.
Power behind your goals
Whether it’s evolving markets, the growing complexity of the financial landscape or changing regulatory environments, we’re here to help. You will have access to the wide range of resources from Bank of America.
Award Winning Service and Solutions
Bank of America Private Bank has been recognized as Best National and Regional Private Bank by Family Wealth Report which is part of a global programme run by ClearView Financial Media.4
Bank of America Private Bank has been recognized as Best Bank Philanthropy Offering by WealthBriefing which is part of a global programme run by ClearView Financial Media.4
Bank of America Private Bank has been recognized as Best Private Bank in the U.S. for Customer Service, Best Private Bank in the U.S. for Succession Planning and Highly Commended for Best Private Bank for Diversity and Inclusion by Professional Wealth Management (PWM), a Financial Times trade publication.3
Bank of America Private Bank Named Best Private Bank in North America by Global Private Banker: Bank of America Private Bank, has been recognized by The Digital Banker’s 2021 Global Private Banking Innovation Awards.2 These awards recognize the world’s best private banks, wealth managers and asset managers for championing innovation across the industry. Bank of America Private Bank was named “Best Private Bank in North America” for its extensive resources and expertise in serving the complex financial needs of high net worth individuals and families.
Professional Wealth Management (PWM)'s Wealth Tech Award for Best Private Bank for Use of Technology (North America) and Best Private Bank for Client Acquisition (North America): Bank of America Private Bank and Merrill Lynch Wealth Management have been recognized by PWM, a Financial Times publication, for digital transformation across the wealth platform, as well as solutions for advisors to leverage digital and social channels to build their digital presence.1
Bank of America Private Bank has been recognized as Best Private Bank in North America for Customer Service and Best Private Bank for Philanthropy Services (globally) by Professional Wealth Management (PWM), a Financial Times trade publication. PWM’s annual private banking awards sees those institutions which were already repositioning for a digital era able to adjust relatively quickly to a world dealing with coronavirus.
A Tradition of Supporting Client Needs
1 Bank of America Private Bank and Merrill were awarded the Professional Wealth Management Wealth Tech Award for “Best Use of Technology" and “Best Use of Technology for Client Acquisition," both in North America. The judging criteria is based on institutional key achievements, changes or improvements in relation to how technology is transforming business models and contributing to drive growth, support advisers, enhance brand and improve client experience. A judging panel composed of leading industry professionals will nominate the best private banks, regardless of size, in different categories. Rankings and recognition from the Financial Times are no guarantee of future investment success, do not ensure that a current or prospective client will experience a higher level of performance results, and should not be construed as an endorsement.
2 Bank of America Private Bank was awarded “Best Private Bank in North America” and Merrill Lynch Wealth Management was recognized for “Best Use of Technology in Wealth Management” by The Digital Banker’s Global Private Banking Innovation Awards. Shortlisted nominees were selected on the qualitative and quantitative depth of their nominations. Shortlisted institutions or individuals per category, were put to our impartial panel of expert judges who undertook a rigorous audit type process to carefully select the winners. A proprietary, numerical and qualitative scoring methodology was applied to all submissions and augmented by market research and input from seminal industry experts, corporate executives and in some cases the High Net Worth & Ultra High Net Worth Community. Rankings and recognition from The Digital Banker are no guarantee of future investment success, do not ensure that a current or prospective client will experience a higher level of performance results, and should not be construed as an endorsement.
3 Bank of America Private Bank was awarded the Professional Wealth Management Global Private Bank Awards for “Best Private Bank for Succession Planning” globally, “Best Private Bank for Customer Service” in North America and highly commended for “Best Private Bank for Diversity and Inclusion.” Private banks operating globally or in one or more of the following regions (Europe, Asia, North America, Middle East, Latin America and Africa) are invited to take part in the Global Private Banking Awards. Each institution provides growth and performance measures and an executive summary. The submissions are judged by an expert panel of sixteen industry professionals based in North America, Asia, Europe and the Middle East. Rankings and recognition from Professional Wealth Management and Financial Times are no guarantee of future investment success, do not ensure that a current or prospective client will experience a higher level of performance results, and should not be construed as an endorsement.
4 The Family Wealth Report Awards are part of a global programme run by ClearView Financial Media and its sister publications WealthBriefing and WealthBriefingAsia, encompassing all of the world’s major wealth management centres. As always, independence, integrity and genuine insight are the watchwords of the judging process. There are more than forty judges coming from family offices, private banks, trusted advisers, consultants and other service providers each of whom has in-depth knowledge and a broad experience. Every submission is carefully reviewed to ensure the most deserving companies and individuals are selected as winners in each category. Standout submissions that are close runners-up to the winning entry are often commended by the judges. Commercially sensitive information is kept confidential and conflicts of interest are avoided at all times.
