Andy Sieg is president of Merrill Wealth Management and a member of Bank of America Corporation’s executive management team. In this role, he oversees more than 25,000 employees who provide investment and wealth management strategies to individuals and businesses across the U.S. Sieg also oversees Bank of America’s Investment Solutions Group, which includes the Chief Investment Office and a wide range of thought leadership, product and portfolio offerings and platforms.
With $2.7 trillion in client balances as of September 30, 2022, Merrill is among the largest businesses of its kind in the world. Its financial advisors consistently rank at or near the top of various annual industry-wide rankings, including those conducted by Barron’s, Forbes and Financial Planning.
Since joining Merrill Lynch in 1992, Sieg has held a succession of senior strategy, product and field leadership roles in the wealth management business. From 2005-2009, he led the Emerging Affluent Client Segment within Citigroup Global Wealth Management. In 2009, he returned to Merrill Lynch after the firm’s acquisition by Bank of America.
Earlier in his career, Sieg served in the White House as an aide to the assistant to the President for Economic and Domestic Policy. In 2015, he participated in the White House Conference on Aging and he currently serves as an Advisory Council Member for the Stanford Center on Longevity.
Sieg earned a bachelor of science in economics from Penn State University and a master’s degree in public policy from the Harvard Kennedy School. He serves on the External Advisory Board of Penn State’s Schreyer Honors College and the Board of the Friends of Notre-Dame de Paris. Sieg is the sponsor for Bank of America’s Black Executive Leadership Council and serves as the bank’s Market Sponsor for Dallas.
Sieg and his wife, Heliane, and their three children reside in Greenwich, CT.
Learn more about this investment professional’s background on FINRA’s BrokerCheck.