Among a competitive field, Bank of America Private Bank stood out for its clear, quantifiable momentum in the high-net-worth (HNW) segment, showcasing strong product innovation and sustained investment in client experience.
The bank’s business performance over the awards review period showed notable strength, with assets under management rising steadily from early 2024 through mid-2025. Its broader wealth platform now oversees $745 billion in client balances, representing approximately 12% year-over-year growth – a rate that outpaced many peers in a mature US wealth market.
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