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.
Derek Thomsen is a Managing Director and a Senior Institutional Portfolio Manager with Bank of America Private Bank in Portland, Oregon. With nearly three decades of financial services experience, he is responsible for developing and managing investment strategies designed to help foundations, endowments, charitable trusts, defined benefit and health and welfare plans achieve their short- and long-term objectives.
Derek’s comprehensive investment process begins by gaining a thorough understanding of his clients’ organizational structure and goals. He then strives to provide clarity and transparency on how the capital markets can help support each organization’s mission. Working in concert with specialists throughout the Private Bank, Derek applies the appropriate portfolio analytics and technology, due diligence, economic research and forecasting to create and manage tailored, multi-asset investment portfolios to help achieve his clients’ unique objectives.
Prior to joining Bank of America Private Bank in 2010, Derek was Vice President at Columbia Management. Some of his many responsibilities included managing defined benefit and health and welfare portfolios, with oversight of relationships with administrators, consultants, and key client contacts. Additionally, he worked closely with members of the portfolio management teams to develop and execute presentations regarding investment strategy, asset allocation, and performance attribution. Previously, he was the Head Trader at Ferguson Wellman Capital Management, and a Small Cap Equity Trader and Analyst at Qualivest Capital Management/West One Trust Investments.
Derek earned his B.A. in business administration and economics from Pacific Lutheran University and an M.B.A. from the University of Oregon. Derek is a CIMA® professional specializing in investment management consulting.
Derek and his wife have three children. His family enjoys skiing, hiking, fishing, and backpacking in mountain ranges across the western United States. Derek and his wife also enjoy watching and supporting their kids’ many sporting activities.
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.
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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.