U.S. Trust, B of A Private Wealth Management Announce 4 Key Appointments

U.S. Trust, Bank of America Private Wealth Management organization made four key appointments in its Investments, Specialized Client Solutions Group, Wealth Structuring, and Credit & Bank Delivery divisions.

According to a press release, U.S. Trust is headed by Frances Aldrich Sevilla-Sacasa and touts nearly $265 billion in assets under management and over $427 billion in total client assets.

The executives appointed to head the divisions of U.S. Trust include:

• CIO Leo Grohowski will lead the Investments operation, which oversees investment solutions and end-to-end investment process including portfolio management and investment strategy for U.S. Trust clients.
• Henry Fischel-Bock will lead the Specialized Solutions Group, which develops specialized advisory and consultancy-driven services and solutions for ultra-wealthy clients, delivered through regionally based specialists.
• Lynn Davis will head the Wealth Structuring team, which oversees all financial planning, including tax and philanthropic planning; trust organization and all related functions; tax services; estate administration; and specialty asset management.
• Bob Lynch will lead the Credit & Banking Delivery team, which is responsible for thought leadership related to credit and banking needs and unique solutions for clients, as well as management of residential real estate specialists and custom credit specialists.