New Hire in Jacksonville Area Bank of America Private Bank today announced the hiring of a Senior Institutional Sales Director in the Southeast market. This recent hire emphasizes the firm’s commitment to the institutional non-profit and foundation marketplace and its focus on serving clients locally in Jacksonville. Ben Clark has joined the firm’s Southeast team as a Senior Institutional Sales Director based in Ponte Vedra, Florida and will report to Bernard Reidy, National Philanthropic Sales Executive. He will focus on expanding and generating new institutional nonprofit and foundation relationships and helping families and individuals realize their philanthropic goals.
He joins Senior Institutional Sales Director Tom Lawson, based in Winston Salem, North Carolina, and will work closely with local Private Bank and Merrill advisors and leaders, while partnering with Global Banking colleagues. Clark has over 18 years of experience in the institutional investment services marketplace and joined the firm in 2015 as a member of Bank of America Merrill Lynch’s Global Institutional Consulting Group. Prior to joining the firm, Clark served under SunTrust Bank for 16 years, holding various senior-level roles within their Institutional Investment Solutions division.
“We are seeing a growing demand for Outsourced CIO services from institutions and foundations of increasing size and complexity. In response, Bank of America is investing and expanding resources to serve these charitable entities by hiring seasoned industry professionals such as Ben,” said Reidy. Clark follows a number of new hires for the organization, including Senior Institutional Sales Directors Tim Hickey and Crissie Fortmeyer in New York and Dallas along with Institutional Sales Directors Joseph Bui in Century City, California and Ryan Robinson in Philadelphia.
Other recent hires include Market Executives Tiffany Eubanks-Saunders in Tennessee and Kentucky, Emily Dreas in Southern Connecticut, Kathleen Auth in Upper New England, and Shaun Stimpson in Upstate New York. Market Sales Executive Gregg Frierson and Private Client Advisor Lindsey Jeffries also recently joined the firm and are based in Columbia, South Carolina. Bank of America Private Bank’s Philanthropic Solutions organization works with charitably-inclined individuals and nonprofit institutions to develop specialized investment, administrative and advisory services its clients, including nonprofit management, strategic philanthropy, and family wealth.
Bank of America Private Bank
Bank of America Private Bank is a leading private wealth management organization providing vast resources and customized solutions to help meet clients’ wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship. Bank of America Private Bank has more than 4,000 professionals and maintains 93 offices in 31 states. As part of Bank of America, it can provide access to a broad range of banking solutions for individuals and businesses, and an extensive retail banking platform.
Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 1,800 lending centers, 2,200 Merrill Edge investment centers and 1,500 business centers; approximately 16,300 ATMs; and award-winning digital banking with more than 36 million active users, including over 26 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.