Patricia Besser leads new team to build on momentum of Allen-Breslin team. Bank of America is installing a second Family Wealth Advisors team under Patricia Besser to serve ultra high-net-worth families in and around Chicago. The new team will build on the efforts of an existing Chicago area team led by Phil Allen and Hugh Breslin.

Second city

"Given the importance of the Chicago wealth market and its increased demand for ultra-high-net-worth advisory services, we wanted to further expand our advisory offering through the addition of another dedicated team," says Alan Rappaport, president of Family Wealth Advisors, part of the Private Bank of Bank of America. "Pat and her highly capable team will bring invaluable expertise to the table for Chicago area clients faced with the specialized set of wealth management and legacy-defining issues that accompany possession of great wealth today."

Core members of Besser's team include wealth advisor Carol Schroeder, relationship associate Rosanna Soehn and relationship associate Sophia Bobak. The team members had previously filled other roles within Bank of America's private bank.

Family Wealth Advisors, which was launched early in 2005, delivers wealth and investment-management advice, products and services to some of the wealthiest individuals and families in the U.S. Client-facing teams are backed by a group of investment strategy specialists who advise for wealthy families.

The Private Bank of Bank of America is part of Bank of America's Global Wealth & Investment Management division. -FWR

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