US Private Bank Opens for Business in Houston

Stephen Harris

22 February 2007

Family Wealth Advisors, an extension of The Private Bank of Bank of America, is to form a dedicated team to serve Bank of America's wealthiest clients in Houston and surrounding areas. The team will address the wealth management needs of the Greater Houston market, which is estimated to number nearly 500 wealthy households, representing a combined $34 billion. Senior wealth advisors David Creasey and Whitney Randolph will lead a team of bankers, wealth strategists and client service specialists. The team will also include Barbara Fassetta, wealth advisor; Madeleine Brown, relationship assistant; and Shireen Taylor, sales and service assistant. "Texas is a rapidly growing and dynamic wealth market," said Alan Rappaport, president of Family Wealth Advisors. "Building on the success of our organisation in Dallas, David, Whitney and their team will bring to Houston tremendous experience and a keen understanding of the sophisticated products and advisory services that this unique client segment requires."