Alice J Rahlfs

Managing Director, Senior Trust Officer

Professional Profile

Alice Rahlfs is a Managing Director and Senior Trust Officer at the Bank of America Private Bank in Dallas, Texas. As a Senior Trust Officer, Alice works with high-net-worth clients and their families providing trust, estate and wealth transfer advice. She works with a team of individuals to manage various types of trusts, IRAs and investment management accounts. Her role is to help ensure fiduciary oversight as well as provide guidance to clients, while delivering the depth and breadth of services that Bank of America Private Bank offers to assist clients in pursuing their goals. She is responsible for developing, communicating and executing the firm’s trust strategy in the Dallas market.

Alice began her career with InterFirst Bank of Dallas, a predecessor of Bank of America, in 1983 as an Auditor. In 1984 she transferred to the Trust department as a Trust Officer. In 2008, she was promoted to Senior Vice President and Senior Trust Officer. In 2015 she received the title of Managing Director.

Alice earned her B.B.A. in accounting from Texas Tech University in Lubbock, Texas. She is also a graduate of the American Bankers Association’s Graduate Trust School program and holds the Certified Trust and Fiduciary Advisor (CTFA) designation, which is sponsored by the ABA Institute of Certified Bankers. 

She resides in North Dallas and enjoys traveling and a variety of sports. She has served as a board member of the Trust Administrative Council of the Trust & Wealth Management Texas Bankers Association and is an active member of the Dallas Estate Planning Council.

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For more than 200 years, Bank of America Private Bank has helped clients navigate the complex challenges of managing significant wealth. We draw on the Private Bank’s personalized approach, as well as the resources of Bank of America, to help individuals and families, businesses, and institutions achieve their financial objectives. Whether you’re looking to preserve and share wealth, build philanthropic legacies or plan for future growth, our commitment is to make your goals our priority.

At Bank of America Private Bank, we take pride in our history and in serving our clients’ best interests. We also value the continual pursuit of innovation in a constantly transforming world. We apply this perspective to help our clients anticipate and respond to evolving markets, changing environments and the growing complexities of the financial landscape. Mindful of the past, our focus is on providing today’s clients with disciplined financial strategies and a bridge across generations.