Bank of America and Merrill Launch New Private Market Program for Ultra-High-Net-Worth Clients

Merrill and Bank of America Private Bank have launched the Alts Expanded Access Program, a new private market program for ultra-high-net-worth clients with a net worth of $50 million or more. The program complements the core Alternative Investments platform and offers clients avenues to build an expanded allocation to alternatives as part of a diversified portfolio. The program allows clients to access institutional-grade private market funds and provides selective access, supported recommendation, and client-directed investment options.