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BoA appoints Premier Banking leaders in Nashville

FWR Staff 4 April 2007

BoA appoints Premier Banking leaders in Nashville

Megabank out to woo mass-affluent private clients in country Music Capital. Bank of America is continuing its private-client push in the South. Just weeks after tapping William Braddy III to run Private Bank of Bank of America 's ultra-high-net-worth business in Tennessee and Arkansas, the Charlotte, N.C.-based bank has named George Sousoulas and Carla Brownto lead its retail outreach to low-tier millionaires in the greater Nashville area.

Market director Sousoulas and market manager Brown are responsible for teams of Premier Banking & Investments client managers and financial advisors in Tennessee and Arkansas.

Twang

The bank's Premier Banking & Investments is offered through Bank of America Premier Banking, an upscale retail-banking brand, and the bank's broker-dealer Banc of America Investment Services.

Generally speaking, Premier Banking & Investments services are aimed at clients and small businesses with at least $3 million in assets under management -- or at least $100,000 in combined deposits, investments, lines of credit and loans with the bank itself. In its Nashville-based iteration, Sousoulas and Brown expect to service those who work in the area's thriving entertainment industry.

"George and Carla bring complementary sets of experience and a keen understanding of the needs of our Tennessee and Arkansas-based affluent clients," says Premier Banking & Investments central-division executive Mark Benson. "They lead a group of talented teams to meet the increased demand for integrated wealth management services in these markets."

Sousoulas has been with Bank of America since 2003. Brown has been with the bank for 13 years. -FWR

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