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.
Dave Schmidt is a Senior Vice President and Private Client Manager with Bank of America Private Bank in Chicago, Illinois. He is dedicated to putting the client first and focusing on what matters most in their lives.
Dave leads a team of seasoned specialists who emphasize intellectual rigor, in-depth customization and a commitment to service. His team is particularly skilled in helping multiple generations of client families with their most complex financial needs. Clients include ultra-high-net-worth families, many current or past Founders, CEOs or Presidents of private and public companies.
Dave began his career in commercial banking and transitioned to Bank of America Private Bank (formerly U.S. Trust) in 2005. He earned his B.A. in economics from the University of Notre Dame and his M.B.A. from the Kellogg School of Management at Northwestern University. He is a CIMA® professional focusing on investment management consulting, and a Certified Private Wealth Advisor® professional. He also holds the CERTIFIED FINANCIAL PLANNER™ certification, a designation awarded by the Certified Financial Planner Board of Standards, Inc.
Dave and his wife Kathleen live in Arlington Heights with their two active daughters. A native of Western Pennsylvania, Dave is an avid fan of the Steelers and Notre Dame football.
*Investments & Wealth Institute™ (The Institute) is the owner of the certification marks CIMA® and Certified Investment Management Analyst®. Use of CIMA®, and/or Certified Investment Management Analyst® signifies that the user has successfully completed the Institute’s initial and ongoing credentialing requirements for investment management professionals.
*Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® in the U.S.
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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.