financetom
Business
financetom
/
Business
/
Bank of America Units to Launch New Alternative Investments Program for Wealthy Clients
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bank of America Units to Launch New Alternative Investments Program for Wealthy Clients
Sep 4, 2025 7:29 AM

09:58 AM EDT, 09/04/2025 (MT Newswires) -- Bank of America ( BAC ) units Merrill Wealth Management and Bank of America Private Bank said Thursday they plan to launch a private market program for clients with a net worth of at least $50 million.

The Alts Expanded Access Program, which will start in the fall, is intended to compliment the investment options available through the core Alternative Investments platform, the companies said.

Assets available under the program will include funds that are not broadly distributed and provide access to specialized opportunities in emerging themes or niche strategies, the companies said.

Price: 50.41, Change: +0.32, Percent Change: +0.64

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Incyte Insider Sold Shares Worth $351,978, According to a Recent SEC Filing
Incyte Insider Sold Shares Worth $351,978, According to a Recent SEC Filing
Oct 6, 2025
04:07 PM EDT, 10/06/2025 (MT Newswires) -- Sheila A. Denton, Executive Vice President & General Counsel, on October 02, 2025, sold 4,100 shares in Incyte ( INCY ) for $351,978. Following the Form 4 filing with the SEC, Denton has control over a total of 26,569 common shares of the company, with 26,569 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/879169/000199529825000008/xslF345X05/wk-form4_1759780970.xml ...
Dynatrace Insider Sold Shares Worth $3,000,849, According to a Recent SEC Filing
Dynatrace Insider Sold Shares Worth $3,000,849, According to a Recent SEC Filing
Oct 6, 2025
04:11 PM EDT, 10/06/2025 (MT Newswires) -- Rick M McConnell, Director, Chief Executive Officer, on October 02, 2025, sold 60,000 shares in Dynatrace ( DT ) for $3,000,849. Following the Form 4 filing with the SEC, McConnell has control over a total of 138,625 common shares of the company, with 138,125 shares held directly and 500 controlled indirectly. SEC Filing:...
EV maker Lucid's quarterly deliveries rise but fall short of expectations
EV maker Lucid's quarterly deliveries rise but fall short of expectations
Oct 6, 2025
(Reuters) -Lucid reported a 46.6% jump in third-quarter deliveries on Monday, driven by a rush of demand for electric vehicles before lucrative tax credits expired last week, but it still missed Wall Street expectations. The EV maker and its rivals are bracing for a sharp drop in sales in the last three months of the year without the $7,500 in...
Rambus Insider Sold Shares Worth $920,973, According to a Recent SEC Filing
Rambus Insider Sold Shares Worth $920,973, According to a Recent SEC Filing
Oct 6, 2025
04:14 PM EDT, 10/06/2025 (MT Newswires) -- Desmond Lynch, Senior Vice President, CFO, on October 06, 2025, sold 9,074 shares in Rambus ( RMBS ) for $920,973. Following the Form 4 filing with the SEC, Lynch has control over a total of 55,356 common shares of the company, with 55,356 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/917273/000119312525231877/xslF345X05/ownership.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved