New chief of BofA wealth group named

Bank of America today named Jeffrey Carney as president of its Global Wealth and Investment Management Client Solutions unit.
In this role, Mr. Carney will oversee all brokerage, banking, credit, custom credit, non-proprietary and fee-based investment products, fiduciary roles and philanthropy for GWIM clients.
He will be responsible for the company’s mid-market institutional asset management business and all global wealth and investment management call center operations.
He will also head the development of new products for high net worth clients, and serve as president of Banc of America Investment Services, Inc., the Charlotte, NC-based bank’s retail brokerage.
Most recently, Mr. Carney was president of Fidelity Retirement Services, responsible for the firm’s defined contribution, defined benefit, non-qualified plans and health savings businesses.

Related Topics: Wealth Management