US Trust Bank of America Private Wealth Management Overview

U.S. Trust, Bank of America Private Wealth Management provides investment management, planned giving, and fiduciary services to a range of institutional clients, including not-for-profit organizations, corporations, public funds, insurance companies, and unions. The company provides wealth management services that include investment, financial, tax, and estate planning; and private banking services. Its planned giving services include administration, tax preparation, and record-keeping. It also offers investment consulting, tax-intelligent investment management, custody and private-label statement, and check distribution services. U.S. Trust also provides investment management, trustee, and fiduciary consulting services to employee benefit plans of all sizes. It serves as a fiduciary for qualified retirement plans, including 401(k) plans; employee stock ownership plans (ESOPs); and defined benefit plans that invest in blocks of employer securities. In addition, in its fiduciary role, the company makes investment decisions; and acts as an independent trustee protecting the interests of plan beneficiaries. It also resolves the conflicts of interest that arise during corporate recapitalizations, mergers, acquisitions, or management buy-outs. As of 05/31/2000, U.S. Trust Corporation operates as a subsidiary of Charles Schwab Corporation. U.S. Trust, Bank of America Private Wealth Management was formerly known as U.S. Trust Corporation. As a result of the acquisition of U.S. Trust Corporation by Bank of America Corp., U.S. Trust Corporation's name was changed. U.S. Trust, Bank of America Private Wealth Management is based in New York, New York. U.S. Trust, Bank of America Private Wealth Management operates as a subsidiary of Bank of America, National Association.
The staff at US Trust Bank of America Private Wealth Management come from unusually diverse demographic backgrounds. The company is 41.9% female and 41.9% ethnic minorities. Despite its diversity in other areas, US Trust Bank of America Private Wealth Management employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 70.8%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. US Trust Bank of America Private Wealth Management has great employee retention with staff members usually staying with the company for 4.9 years.
A large finance company with 1,941 employees, US Trust Bank of America Private Wealth Management is headquartered in the United States.

Industry

Finance

Revenue

-

Employees

1,941

Founded in

1998

Headquarters

-

Website

bankofamerica.com

Organization Type

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US Trust Bank of America Private Wealth Management Financial Performance

Revenue

-

Founded in

1998

Organization type

-

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US Trust Bank of America Private Wealth Management Competitors

Frequently Asked Questions about US Trust Bank of America Private Wealth Management

How many Employees does US Trust Bank of America Private Wealth Management have?

US Trust Bank of America Private Wealth Management has 1,941 employees.

What industry is US Trust Bank of America Private Wealth Management in?

US Trust Bank of America Private Wealth Management is in the finance industry.

Who are US Trust Bank of America Private Wealth Management's competitors?

US Trust Bank of America Private Wealth Management competitors include Neuberger Berman, AllianceBernstein, Bank Leumi USA, Deutsche Bank Trust Company Americas, Bankers Trust Company, Commerzbank, Morgan Keegan, Janney Montgomery Scott, Rabobank, N.A., CIT Group, Banc One Financial, MELLON CAPITAL MANAGEMENT, Israel Discount Bank, Capmark Finance, Mellon, Umpqua Holdings, Cantor Fitzgerald, RBS Securities, Bank Hapoalim, Scotiabank of Puerto Rico.

What is US Trust Bank of America Private Wealth Management's website?

You can find the US Trust Bank of America Private Wealth Management website at bankofamerica.com.

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Updated May 18, 2020

Zippia gives an in-depth look into the details of US Trust Bank of America Private Wealth Management, including salaries, political affiliations, employee data, and more, in order to inform job seekers about US Trust Bank of America Private Wealth Management. The employee data is based on information from people who have self-reported their past or current employments at US Trust Bank of America Private Wealth Management. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of US Trust Bank of America Private Wealth Management and its employees or that of Zippia.

US Trust Bank of America Private Wealth Management may also be known as or be related to US TRUST BANK OF AMERICA PRIVATE WEALTH MANAGEMENT SPECIAL FIDUCIARY SERV DIV, US Trust Bank of America Private Wealth Management and US Trust Bank of America Private Wealth Management Special Fiduciary Services Division.