Cheryl L Paller

Managing Director, Private Client Advisor

Professional Profile

Cheryl Paller is a Managing Director, Private Client Advisor with Bank of America Private Bank in Los Angeles, California. With more than three decades of experience managing complex and strategic relationships, she helps individuals and families, including real estate investors and corporate executives, address the challenges of significant wealth. She also draws on her extensive knowledge of non-profits to offer sophisticated perspectives and strategic guidance to help them achieve their missions.

Consultative in nature, Cheryl tailors her approach to match her clients’ unique financial priorities and connects them to the extensive resources at Bank of America. To aid her in addressing their often-dynamic situations, she works with a dedicated team of specialists with deep experience in wealth management, investment management, philanthropic guidance, trust and estate planning services, and customized credit and lending solutions.

Cheryl began her career in financial services as a commercial banker in corporate middle market banking for Wells Fargo and Union Banks. She later joined Bank of America Private Bank (formerly U.S. Trust) in 2000 and left in 2006 to spend the next 11 years working for Deutsche Bank’s Private Bank. Cheryl returned to Bank of America Private Bank as a private banker in 2016. She earned her bachelor’s degree in economics from the University of California, Los Angeles and her M.B.A. in finance from the University of Southern California.

With a deep focus on the needs of women and children, Cheryl supports and volunteers her time with a number of philanthropic organizations in her community, including Fulfillment Fund. She is also a board member for the Women’s Leadership Council Los Angeles.


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


  • UCLA
  • USC


  • English

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 Advisor


Yvonne L Phillips

Senior Trust Officer


Rosemary L Ringwald

Wealth Strategies Advisor


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.