[Music in background throughout]
On screen copy:
Wealth planning for today and beyond
On screen copy:
Please see important information at the end of this video.
On screen copy:
Katie Carlson
Head of Wealth Strategy
Bank of America Private Bank
Wealth planning at Bank of America offers solutions that are designed to help clients to preserve, to protect, and to control their wealth that they’ve worked hard to create.
Wealth is so much more than your financial assets. It’s the causes that you’re most passionate about which for clients is most often their family, charitable organizations, or perhaps businesses that they’ve started and are running.
When we think about the role of a wealth strategist, structuring your assets is one part of it. But it’s doing that for the benefit of those causes that you’re so passionate about.
On screen copy:
● Provide for future generations
● Plan for charitable giving
● Plan for retirement
● Minimize taxes
Clients come to us for many reasons whether it’s to think about passing their wealth to the next generations, to think about their charitable giving. Sometimes it’s to talk about a retirement plan or potentially minimizing income and estate taxes.
After listening to them we very specifically advise around what structure or solution is most appropriate and our job is not done until we’ve coordinated the implementation with the client and our broader team.
We were the first trust company and so there’s a long history or legacy of working with individuals. We work as a team of advisors and you really have this team of experience around each client and their needs.
When you’re making decisions about your investments they impact your planning. When you’re making decisions about your planning they impact your investments and your taxes. Having that coordinated with an experienced team around you really helps ensure that your goals and objectives are being met in a very holistic way.
One thing is for certain, we can’t predict the future, but we can certainly help you plan for it. The team at Bank of America is excited to work with you and your family to make an impact and to leave a lasting legacy.
On screen copy:
What would you like the power to do?®
On screen:
Bank of America® logo
Disclosure:
Recorded on November 17, 2022.
Investing involves risk, including the possible loss of principal. Past performance is no guarantee of future results.
Bank of America, its affiliates, and advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Trust, fiduciary, and investment management services are provided by Bank of America N.A., Member FDIC, and wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”), and its agents.
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 and a wholly owned subsidiary of BofA Corp.
Bank of America Private Bank is a division of Bank of America, N.A., Member FDIC and a wholly owned subsidiary of BofA Corp.
Banking products are provided by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of BofA Corp.
Investment products:
Are Not FDIC Insured
|
Are Not Bank Guaranteed
|
May Lose Value
|
Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation.
© 2023 Bank of America Corporation. All rights reserved. | MAP5362155
[End of transcript]
