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Eric Schimpf is president and co-head of Merrill Wealth Management, and a member of Bank of America Corporation’s executive management team.

In this role, Schimpf, along with co-head Lindsay Hans, oversees more than 25,000 employees who provide investment and wealth management strategies to individuals and businesses across the U.S. With $3.9 trillion in client balances as of September 30, 2025, 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.

Schimpf and Hans also oversee 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.

Schimpf began his career in Merrill Wealth Management as a Financial Advisor in 1994. Prior to his current role, he served in several leadership positions, including division executive for the Pacific Coast Division, co-head of the Enterprise Advisor Development program and division executive for the Southeast Division.

Schimpf joined Merrill Wealth Management after being commissioned as an infantry officer in the United States Army, where he also earned qualification as an airborne ranger.