EntreWealth

Investment manager selection and alternative investment access at EntreWealth fall under Bank of America Private Bank's broader institutional advisory team, led by John Waldron as co-head. The platform does not employ dedicated portfolio managers who run proprietary funds; instead, it sources and vets third-party managers — private equity firms, hedge funds, real estate operators — and allocates client capital into approved vehicles. Final investment decisions rest with each individual family, with EntreWealth serving as gatekeeper and operational facilitator.

EntreWealth operates as a multi-family office platform — it is a dedicated unit within Bank of America Private Bank, not an independent firm or venture capital manager. The platform provides aggregated access to alternative investments, estate planning, tax strategy, and family governance services for dozens of unrelated ultra-high-net-worth families. It does not raise its own blind-pool funds.

EntreWealth offers both fund commitments and direct co-investment opportunities to client families. Fund commitments include private equity buyout funds, venture capital vehicles, private credit strategies, and hedge funds vetted through Bank of America's institutional manager-research platform. Direct co-investments are typically deal-specific allocations made alongside a sponsor the bank already knows.

While Bank of America Private Bank does not publish a formal threshold for EntreWealth access, families are typically in the $100 million to $2 billion net-worth range — large enough to require institutional-quality alternative investment sourcing but not large enough, or without the desire, to build a dedicated single-family office. Clients at the lower end may access a subset of platform capabilities, while full multi-family office service is reserved for larger relationships.

EntreWealth is a dedicated operating unit wholly inside Bank of America Private Bank. It has no separate legal entity status or stand-alone investment-adviser registration. Client assets flow through Bank of America's custody, brokerage, and credit platforms, and advisors are employees of the bank. The unit draws on the bank's broader infrastructure — including its Global Wealth and Investment Management division — for manager research, legal, tax compliance, and trust services.

Philanthropic advisory is available to EntreWealth families through Bank of America's existing Philanthropic Solutions group, which provides donor-advised fund administration, private foundation structuring, and grant oversight. These services are not housed inside EntreWealth directly but are integrated into the family advisory workflow. Legal separation between charitable assets and family investment accounts is maintained in accordance with standard trust and foundation governance rules.

EntreWealth encourages co-investment participation where it can reduce fee drag for client families — families invest alongside established general partners on a deal-by-deal basis rather than committing to a new fund vehicle. The bank sources these opportunities through existing institutional relationships; co-investment terms mirror those of the lead investor, with no additional platform carry charged to participating families.