Mercedeh Shahbodaghi

Managing Director, Portfolio Manager

Professional Profile

Mercedeh Shahbodaghi is a Managing Director and Senior Portfolio Manager at Bank of America Private Bank in Boston, Massachusetts. With over three decades of fiduciary investment and financial management experience, her tenure in the industry gives Mercedeh the knowledge and perspective to guide high-net-worth individuals and families with generational wealth through a variety of economic climates. Compassionate, honest, and analytical, she strives to help them remove the emotions associated with their finances and guides them to make smart decisions focused on their goals.

Mercedeh offers technical insight, analytical acumen, and an intuitive understanding of clients and their priorities. Her areas of focus include both traditional and alternative investments. For clients seeking to pursue investments that represent responsible corporate behavior and sustainable competitive advantages, Mercedeh can also offer Environmental, Social and Governance (ESG) investing strategies. She can structure investment portfolios consistent with clients’ values and invest in businesses or organizations that deliver tangible positive environmental impact or social benefit alongside a financial return.

Mercedeh began her career in trust and investment management in 1982 working for the personal trust division of The First National Bank of Boston. Her responsibilities included valuation of closely held corporations for privately held companies and tax shelter advisory services on real estate and oil and gas. After completing the bank’s credit training program, Mercedeh transitioned to its corporate finance division. While there, she was part of the team responsible for structuring tax-exempt securities and private placement of corporate debts. Additionally, she assisted the bank’s mergers and acquisitions team. Mercedeh also worked for GranCare, an Atlanta-based publicly held healthcare company, where she was responsible for investor strategy analysis, stock performance evaluation, and analysis of companies’ financial and operational performance. Prior to joining Bank of America Private Bank (previously U.S. Trust), in 1999, she worked in a similar capacity at State Street Global Advisors.

Mercedeh earned her B.S. and M.B.A. degrees in management with a concentration in finance from Suffolk University. She also earned an Associate’s degree in statistics from Tehran Institute of Technology. Mercedeh holds the Chartered SRI Counselor™ designation. Additionally, she is a member of the Boston Security Analysts Society.

Mercedeh and her husband reside in Boston. Family is her top priority and she is a proud daughter, sister, and doting aunt to her niece and two nephews. Additionally, she enjoys being philanthropic, traveling, and visiting ancient art exhibits in tapestry, calligraphy, and silver.

Impact investing and/or Environmental, Social and Governance (ESG) managers may take into consideration factors beyond traditional financial information to select securities, which could result in relative investment performance deviating from other strategies or broad market benchmarks, depending on whether such sectors or investments are in or out of favor in the market. Further, ESG strategies may rely on certain values-based criteria to eliminate exposures found in similar strategies or broad market benchmarks, which could also result in relative investment performance deviating.

Some or all alternative investment programs may not be in the best interest of certain investors. No assurance can be given that any alternative investment’s investment objectives will be achieved.

Chartered SRI Counselor™, CSRIC®, and the CSRIC®  logo are certification marks or registered certification marks of The College for Financial Planning Institutes Corp. in the United States.

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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.