Cheryl L Paller

Managing Director, Private Client Advisor

Professional Profile

Cheryl Paller is a Managing Director and Private Client Advisor at Bank of America Private Bank. She is responsible for crafting, advising, and stewarding high and ultra-high net worth clients through an abundance of integrated strategies for their wealth. Disciplines include investment management, wealth strategies for both growth and preservation, philanthropy, and credit. As a concierge providing access to the many services across the greater Bank of America Corporation, Cheryl has the tools to provide custom solutions (based upon the client’s risk tolerance, time horizon, liquidity needs and overall investment goals) and strategies both in the Private, Corporate and Investment bank. Three decades dedicated to this space brings with it the ability to care for the most sophisticated needs and complex circumstances.

Cheryl returned to Bank of America in 2016 after spending nearly 11 years with Deutsche Bank. She has also previously served as a Private Banker at Corporate Middle Market Banking with Wells Fargo and Union Banks. She has an undergraduate degree from UCLA in Economics and an MBA in Finance from USC.


  • UCLA
  • USC


  • Everychild
  • Fulfillment Fund
  • Jewish Federation
  • Jewish Venture Philanthropy Fund
  • Kidsave
  • Lean In & Catalyst
  • Vista del Mar
  • Womens Leadership Council

Our Team

Our team is comprised of talented and experienced individuals committed to building strong client relationships based on trust and personal experience.

Note: These team members are a shared resource, involved in your wealth management plan as appropriate and are subject to change

Barbara R Bagley

Market Investment Executive


Armen D Ajemian

Private Client Manager


Steven (Steve) De Boer

Private Client Manager


Yvonne L Phillips

Senior Trust Officer


Rosemary L Ringwald

Wealth Strategies Advisor


Key Contacts

Mila Arantes

Private Banking Associate I


Let's Have A Conversation

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.