Andrew Peale Allen

Senior Vice President, Private Client Advisor

Professional Profile

Andrew Allen is a Vice President and Private Client Advisor with Bank of America Private Bank in New York, New York. Andy advises high-net-worth individuals, multi-generational families, and institutions, helping them pursue their financial goals and priorities more effectively. A natural connector, he is skilled in helping clients discern what they what to accomplish, and then harnessing the capabilities of the Bank to support those aims. Caring and discreet, Andy appreciates the unique characteristics of each relationship. He cultivates a highly responsive service ethic that prioritizes client comfort, ongoing communication, and responsiveness.

Andy works with a diverse clientele including entrepreneurs, business owners, professionals, executives, families, and non-profit organizations. Prior to joining the firm, he served as the Executive Founder of a boutique beverage firm for more than a decade, an experience that provided him with an affinity for business owners and their distinctive needs. He is particularly adept in helping entrepreneurs unwind the complex intersection of their personal and professional finances.

Andy has served for many years as a board member of the Peale Foundation, an organization that supports causes that promote Norman Vincent Peale’s philosophy of positive thinking and living. This involvement has deepened his understanding of institutional priorities, from long-term stability and mission fulfillment, to organizational capacity and governance.

Andy joined Bank of America Private Bank (formerly U.S. Trust) in 2016. He holds a B.A. in history from Yale and an M.B.A. from The Tuck School of Business at Dartmouth. He is a graduate of Phillips Exeter Academy.

Andy lives in Southport, Connecticut, with his wife and their two daughters. In his free time, he enjoys spending time with his family, as well as golfing, fishing, and skiing.

Key Contacts

Jacqueline Almerino

Private Bank Senior Associate Lead


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We take the time to listen and learn about you and your family before creating strategies that aim to meet your needs, goals and best interests now and in the future


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.