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Bank of America Private Bank

Private banking and wealth management for ultra-high-net-worth clients.

Web-based
01 — Overview

What Bank of America Private Bank does

Bank of America Private Bank is the ultra-high-net-worth division of Bank of America, sitting within the broader Global Wealth and Investment Management segment alongside Merrill Lynch. Their website is drawn entirely from the bankofamerica.com consumer homepage, which covers retail banking, consumer credit cards, and general mobile banking features. No substantive content specific to Bank of America Private Bank or its family office offering appears in the provided pages.

Based on publicly available information about the division, Bank of America Private Bank serves clients with substantial wealth and offers services that may include investment management, trust and estate planning, banking, and lending. Family offices evaluating this provider would typically be assessing its balance sheet capacity for complex credit, access to Merrill investment capabilities, and trust administration through its fiduciary services arm.

However, because their website does not substantiate any specific private banking or family office features, capabilities, pricing, or team structure, buyers comparing this vendor against specialist multi-family office platforms or independent trust companies should seek direct engagement with the Private Bank division rather than relying on consumer-facing materials. The absence of a dedicated private bank content page in this means specific service details, minimum thresholds, and advisory model descriptions cannot be verified here.

02 — Product & capabilities

What it covers

Core tasks
  • Private banking for ultra-high-net-worth individuals and families
  • Wealth management and investment advisory
  • Trust and estate planning
  • Credit and lending for complex wealth structures
Notable features
  • Mobile banking app with customisable alerts
  • Online account management
  • Merrill investment platform access
  • Consumer deposit and credit products
Platform & technology
Mobile Access
03 — Company

The firm behind it

Ownership
Public (NYSE: BAC)
Software type
Web-based
Headquarters / markets
United States
Languages
English, Spanish
04 — Clients & fit

Who it’s for

Built for Private Wealth Owners / Principals, Single Family Office (SFO), Multi Family Office (MFO).

05 — Support & onboarding

Getting it running

Phone support lines listed for Merrill Lynch Wealth Management (800-MERRILL), Merrill Advisory Center (888-654-6837), and Merrill Edge Self-Directed (877-653-4732). Branch appointments available. Online help center and mobile app support.

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