Douglas Thach

Managing Director, Private Client Advisor

Professional Profile

Douglas Thach is a Managing Director and Private Client Advisor with Bank of America Private Bank in New York, New York. Doug caters to a high-net-worth clientele throughout the United States, helping them advance their priorities with diligence and care. He provides strategic advice and planning to individuals, families, and family offices, offering a boutique approach that is grounded in intensive personalization and the unique circumstances of each relationship.

A veteran advisor, Doug selects and leads a team of specialists in investment management, trust and estate planning services, structured credit, and philanthropy, who work in concert to advance client goals. He has particular depth addressing the complex balance-sheet needs of senior executives, technology entrepreneurs, hedge fund and private equity principals, and multi-generational families. Tailored offerings include the monetization of privately held interests, the diversification of concentrated wealth, hedging strategies, liquidity management, and specialized lending. Doug looks to analyze and understand each client’s needs so that he can deliver the extensive capabilities of the broader enterprise, encompassing a client’s personal, professional, and institutional objectives.

Doug joined the Private Bank (formerly U.S. Trust) in 2006. He began his career at Citigroup, where he worked in Global Markets and the Private Bank. After earning his M.B.A., Doug became a credit derivatives specialist in Global Markets. Doug then moved to Citigroup’s Private Bank, where he was a relationship officer for high-net-worth clients. He earned his M.B.A. from Baruch College and his B.B.A. in finance from Hofstra University.

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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.