Greenwich, CT-based Fieldpoint Private, the wealth advisory and private banking firm, has further strengthened its New York office with the addition of Jeffrey Ferraro as a managing director.

Ferraro previously worked within Bank of America’s US Trust unit, where he advised on $1.3 billion in assets for approximately 40 clients.

Additionally, Caroline McGuire - also from US Trust - joins Ferraro as a member service associate, the firm said. 

Ferraro started his career 20 years ago at The Chase Manhattan Bank, where he led a team focusing exclusively on advising and servicing business owners and senior executives.

In 2000, Ferraro moved to The Fleet Private Clients Group which, following its acquisition by BofA, became part of US Trust.

In March, the firm also appointed Robert Rigoroso as a managing director within its New York office. 

Fieldpoint Private was established in 2008 and offers a range of wealth management and strategy, family office, private banking and business banking services.