Technical charts for leading wealth management banks show resistance near 5% above current price levels, suggesting possible breakout if earnings guidance is raised. Rising fee income from high-net-worth clients is anticipated to offset slowing mortgage activity. “She’s a proven leader and thoughtful collaborator. We’re thrilled to welcome her to our leadership team.” NEW YORK, NY â Merrill Wealth Management and Bank of America Private Bank today announced the launch of the Alts Expanded Access Program , a new private market program available to ultra-high-net-worth (UHNW) clients with a net worth of $50 million or more. In recent disclosures, wealth management banks reported notable increase in ESG-compliant portfolios, aligning with shifting institutional mandate preferences, which can further attract sustainable investment flows.