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.
David Salit is a Managing Director and Private Client Advisor with Bank of America Private Bank in Providence, Rhode Island. David works closely with individuals, families, and nonprofit organizations to simplify the complexities that significant wealth can entail. He offers the knowledge and insight he has gained from more than three decades of direct experience in investing, finance, wealth structuring and planning.
David has extensive experience addressing the distinctive priorities of business owners, corporate executives, professional athletes, and multi-generational families. Committed to each client’s long-term well-being, he grounds his approach in integrity and transparency, serving as a trusted advisor, a reliable confidante, and a forward-thinking guide for a range of needs. He directs a team of locally-based specialists who work in concert to pursue each client’s wealth-management goals and objectives.
Prior to his current role, David served as the Rhode Island Market Investment Director and a Portfolio Manager for Bank of America Private Bank (formerly U.S. Trust). Previously, he spent several years in the Corporate Finance division of Fleet Boston Financial. He began his career with KPMG in 1987 after earning his B.B.A. from Georgetown University. He is a CFP® certificant and holds the Certified Public Accountant designation.*
Active in the community, David serves on the boards of the Providence Performing Arts Center and the Corliss Institute, a nonprofit organization that provides social services to adults with developmental and other disabilities. A devoted Hoya, he has served as a member of Georgetown’s Alumni Admissions program for more than two decades. He is a current member of the Providence Society of Financial Analysts and the Rhode Island Society of CPAs.
*In his role at Bank of America Private Bank, David does not provide tax advice.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the U.S.
- Georgetown University
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EXTENSIVE REACH, INNOVATION AND A LEGACY OF TRUST
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.