Wealth Management

Bank of America targets ultra wealthy with private asset perks

Expanded private markets programme is available for clients with a net worth of $50m or above

Bank of America targets ultra wealthy with private asset perks
Photo: Smith Collection/Gado/Getty Images

Bank of America is rolling out a private markets programme for its super-rich clients as demand for the asset class continues to surge.

Merrill Wealth Management and Bank of America Private Bank said they would provide ultra high net worth investors, who have a net worth of $50m or more, with exclusive access to private markets deals.

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