Private Bank

Katy Knox

Led by Katy Knox, The Private Bank serves wealthy individuals, families and institutions with a personalized approach through a dedicated team of experienced advisors. With more than 100 offices in the U.S, we serve the unique financial needs of our clients with award-winning solutions and the strength of Bank of America’s broad capabilities.

Continued organic growth

4,800 professionals in 100+ Private Bank offices in 42 U.S. markets
$759 billion in client balances at year-end 2025
93% Private Bank clients are digital active
1,600 net new client relationships added in 2025
Generated $4.2 billion in revenue in 2025

Private Bank

Katy Knox

Continued organic growth

4,800 professionals in 100+ Private Bank offices in 42 U.S. markets
$759 billion in client balances at year-end 2025
93% Private Bank clients are digital active
1,600 net new client relationships added in 2025
Generated $4.2 billion in revenue in 2025

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Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “ MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC (Securities Investor Protection Corporation) and a wholly owned subsidiary of BofA Corp.

Trust and fiduciary services are provided by Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (“BofA Corp.”). Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (“MLLA”), a licensed insurance agency and wholly-owned subsidiary of BofA Corp.

Investment products offered through MLPF&S and insurance and annuity products offered through MLLA.

Are Not FDIC Insured

Are Not Bank Guaranteed

May Lose Value

Are Not Deposits

Are Not Insured by Any Governmental Agency

Are Not a Condition to Any Banking Service or Activity

Bank of America Private Bank is a division of Bank of America, N.A., Member FDIC and a wholly owned subsidiary of Bank of America Corporation (BofA Corp.).

"Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, both of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. BofA Securities, Inc. is registered as a futures commission merchant with the CFTC and is a member of the NFA.

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Fees apply to wires and certain transfers. See the Online Banking Service Agreement for details. Data connection required. Carrier fees may apply.

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