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U.S. Trust Adds Eight Wealth Managers

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Bank of America’s private bank affiliate, U.S. Trust, has added eight wealth managers to serve ultra-high-net-worth clients across the country in areas it considers to be “key markets.”

  • Diane Wakefield, Private Client Manager, Walnut Creek, Calif. Wakefield was previously with Deutsche Bank’s Private Wealth Management group and holds Finra’s Series 7 and Series 66 broker licenses. She is an Investment Management Consultants Association member.
  • Greg Owens, Private Client Manger, Bellevue, Wash. Owens, an attorney, had been director of financial planning for Alaska Trust Company.
  • Michael Muttart, Regional Trust Executive, Newport Beach, Calif. Muttart, an attorney, was manager of Trust and Fiduciary Services in the Pacific Southwest Region of U.S. Trust.
  • Marc Compton, Senior Vice President and Market Executive, Menlo Park, Calif. Compton was previously the complex director for the Pacific Northwest market of Merrill Lynch.
  • Jason Foster, Senior Vice President and Private Client Consultant, Santa Rosa, Calif. Foster, a 14-year veteran of Bank of America, was senior VP and consumer market executive for the bank in the San Francisco region.
  • Marian Howley, Managing Director and Private Client Consultant, Stamford, Conn. Howley holds Finra Series 7 and 63 broker licenses and came to U.S. Trust from UBS AG, where she had been an executive director and senior client advisor.
  • Kerby Wallick, Senior Portfolio Manager, Grand Rapids, Mich. Wallick previously was director of the Core Equity individual stock portfolio at Legacy Trust.
  • Tony Fout, Senior Portfolio Manager Chicago, Ill. Fout had been VP and senior portfolio manager at Harris Private Bank.

U.S. Trust West Division Executive Thong Nguyen stated in the announcement on Friday: “Now, more than ever, our clients are very interested in interacting with the experts in our offices, whether they are wealth strategists, estate planning experts, senior portfolio managers or trust executives. We have added eight talented professionals who share our belief that listening to the client and partnering with them is the best way to provide innovative solutions to complex wealth challenges.”

U.S. Trust, with $308 billion in client assets, employs more than 4,000 people in 32 states, according to the release.


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