Merrill saw strong growth in high-net-worth clients, the demographic it sees as best suited to alternative investments. The ...

Emily Dreas started her career doing business development for a 12-person asset manager in Florida. Two decades later, she oversees a team of 240 and is leading Bank of America's private bank in one ...

North America’s best for family-office services 2025: Bank of America Private Bank US-based family offices are a key focus of growth and investment for Bank of America Private Bank. Client balances ...

Along with bringing in new households and assets, the Bank of America wealth management units are turning to loans, ...

"Traditionally, private market alternatives were the domain of institutional investors, but as wealth building needs have evolved, we're seeing more clients seek non-traditional investments, fueled by ...

Having amassed 39 years of experience in financial services, Katy Knox is one of the longest-tenured female leaders in the U.S. private banking sector. Knox, president of Bank of America's Private ...

Bank of America Corp. is planning a significant risk transfer tied to a $3 billion portfolio of loans to private market funds ...

Bank of America (NYSE:BAC) Private Bank and Merrill Wealth Management, another BofA division, introduced a private market program called Alts Expanded Access for ultra-high-net-worth ("UHNW") clients ...