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.
Michael T Cooney
Senior Vice President, Private Client Advisor
Michael Cooney is a Senior Vice President and Private Client Advisor with Bank of America Private Bank in Chicago, Illinois. A veteran Advisor, Mike provides sustained advice and guidance to wealth creators, helping them advance their unique ambitions and streamline multiple aspects of their often complex financial lives. Mike applies the knowledge and insight he has gained from guiding an accomplished clientele to weigh thoughtful, strategic options that anticipate key life decision points. He brings the depth of the Bank’s resources including a multi-disciplined team to deliver fresh perspectives to families and institutions.
An attentive listener, Mike begins each relationship by discerning each client’s distinctive circumstances. He offers a tax- and fee-sensitive approach to multiple facets of client wealth. Mike is also adept in collaborating with clients’ external advisors, advancing cohesive communication and time-sensitive execution. His areas of focus include investment management, custom credit solutions, intergenerational wealth transfer, and pre-liquidity-event planning.
Prior to Bank of America, Mike was an Executive Director with J.P. Morgan, where he served as a Private Banker within its Financial Institutions Group. He has particular depth catering to the needs of hedge fund and private equity principals, high-frequency and proprietary traders and real estate investors. Mike has worked in wealth management since 2000, including tenures with Wells Fargo, UBS and Northern Trust. He earned his undergraduate degree from Marquette University in Milwaukee.
Originally from Minnesota, Mike now makes his home in the Beverly neighborhood of Chicago’s Far South Side. He and his wife Colleen have four sons, who keep Mike busy as a volunteer coach. When not on the sidelines, Mike likes to spend time with his family. He enjoys outdoor activities and is an avid hockey player and golfer. He is active in his local parish and in nonprofits through the Big Shoulders Fund.
In his role at Bank of America Private Bank, Mike does not provide tax advice.
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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.