Bank of america private client

Important notice: You are now leaving the Bank of America Private Bank website Advertising Practices Bank of America Private Bank is not a broker-dealer. However, certain Advisors who work for Bank of America Private Bank may be registered with Merrill Lynch, Pierce, Fenner & Smith (MLPF&S). You can find information about MLPF&S and registered Advisors via FINRA's BrokerCheck website. You are leaving Bank of America Private Bank’s website and being directed to FINRA’S BrokerCheck. The website is not owned by Bank of America Private Bank, Bank of America® or their affiliates and is subject to separate terms and privacy policies. We strive to provide you with information about products and services you might find interesting and useful. Relationship-based ads and online behavioral advertising help us do that. Bank of America participates in the Digital Advertising Alliance ("DAA") self-regulatory Principles for Online Behavioral Advertising and uses the Advertising Options Icon on our behavioral ads on non-affiliated third-party sites (excluding ads appearing on platforms that do not accept the icon). Ads served on our behalf by these companies do not contain unencrypted personal information and we limit the use of personal information by companies that serve our ads. To learn more about ad choices, or to opt out of interest-based advertising with non-affiliated third-party sites, visit YourAdChoices powered by the DAA or through the Network Advertising Initiative's Opt-Out Tool. You may also visit the individual sites for additional information on their data and privacy practices and opt-out options. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs.

Investing involves risk. There is always the potential of losing money when you invest in securities. Past performance does not guarantee future results. Asset allocation, rebalancing and diversification do not guarantee against risk in broadly declining markets. Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. Additional information is available in our Client Relationship Summary. This material does not take into account a client's particular investment objectives, financial situations, or needs and is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties. It is important to understand the differences, particularly when determining which service or services to select. For more information about these services and their differences, speak with your Merrill financial advisor.Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp.Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation. Trust, fiduciary and investment management services, including assets managed by the Specialty Asset Management team, are provided by Bank of America, N.A., Member FDIC and wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”), and its agents.Bank of America Private Bank is a division of Bank of America, N.A.U.S. Trust

Group Editor February 18, 2025 The move represents a number of developments across BoA's wealth management and private banking arm in recent months. Bank of America Private Bank has appointed Mike Marino as Georgia market executive. Previously, he worked at JP Morgan Private Bank, where he was vice chairman of its South Atlantic region. Marino is on garden leave and will join BoA in late April, this publication understands. In total, Marino has more than three decades’ industry experience, working in private banking and investment banking. He holds a BA from Vanderbilt University and an MBA from Emory University. Marino has held leadership positions for educational organizations including the Emory University Advisory Board, finance committee chair for Atlanta Speech School, and The Posse Foundation Board. Marino serves as a board member for the Capital City Club as well as the Purpose Built Communities organization. See here for the latest financial results at Bank of America. In January, BoA's Merrill Wealth Management launched its new UHNW Advisory Group. In November, Bank of America Private Bank added a team of former Citi Private Bank figures in Palm Beach, Florida.

Share in account privilegesSuccession: UnlimitedPrivate foundation offering: Foundation management services6Client type: May be ideal for philanthropists who prioritize flexibility and controlTax preparation: Available to foundations provided our firm manages all assetsAdministration: Broad range of administrative services availableAccount minimums: Greater than $5 million is recommended, with no strict minimumsAssets accepted:CashSecurities and mutual fundsRestricted stock and closely held business interests4Hedge funds and private equity interest4Real estate, timberland, farms and ranches4Gas, oil and mineral rights4Certain other nonfinancial tangible assets4Other complex assets4Support from grantmaking professionals: Comprehensive support including strategic planning, grantmaking and administrative services, mission development, governance and compliance5Family involvement: Family members and other trusted advisors may be involved in roles such as trustee, director or advisorSuccession: UnlimitedFor donor-advised fund questions contact the Charitable Gift Fund at 888-703-3436 or email us at [email protected] private foundation questions or general philanthropic solution inquiries, email us at [email protected]. Learn more about strategic philanthropy & grantmaking Explore more insights 1 This limitation was increased from 50% to 60% for years 2018 through 2025, if all gifts are made in cash. It is scheduled to “sunset” and return to 50% in 2026. 2 Fair market value deductions generally subject to one-year holding period.3 Income received from investment assets (before taxes) such as bonds, stocks, mutual funds, loans and other investments (less related expenses). 4 Please note: additional fees may apply to taking in and managing these assets.5 Custom philanthropic strategy services are available for giving vehicle accounts > $10MM and/or households with investment assets > $25MM.6 Additional fees may apply to some of these services.Donor-advised fund and private foundation management are provided by Bank of America Private Bank, a division of Bank of America N.A., Member FDIC and a wholly owned subsidiary of Bank of America Corporation.Institutional Investments & Philanthropic Solutions (also referred to as “Philanthropic Solutions” or “II&PS”) is part of Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC and a wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”). Trust, fiduciary, and investment management services are provided by wholly owned banking affiliates of BofA Corp., including Bank of America, N.A.

Investing involves risk. There is always the potential of losing money when you invest in securities. Past performance does not guarantee future results. Asset allocation, rebalancing and diversification do not guarantee against risk in broadly declining markets.Neither Bank of America Private Bank nor any of its affiliates or advisors provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.Credit and collateral subject to approval. Terms and conditions apply. Programs, rates, terms and conditions subject to change without notice.Trust, fiduciary and investment management services, including assets managed by the Specialty Asset Management team, are provided by Bank of America, N.A., Member FDIC and wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”), and its agents.Bank of America Private Bank is a division of Bank of America, N.A.U.S. Trust Company of Delaware is a wholly owned subsidiary of Bank of America Corporation.p>Investment products:Are Not FDIC Insured Are Not Bank Guaranteed May Lose ValueBank of America, N.A., and U.S. Trust Company of Delaware (collectively the “Bank”) do not serve in a fiduciary capacity with respect to all products or services. Fiduciary standards or fiduciary duties do not apply, for example, when the Bank is offering or providing credit solutions, banking, custody or brokerage products/services or referrals to other affiliates of the Bank.