Paul Armfield

Paul Wilson Armfield

Vice President, Portfolio Manager

Professional Profile

Paul W. Armfield, CFA®, is a Vice President and Portfolio Manager at Bank of America Private Bank in Greensboro, North Carolina.  In this role, he is responsible for creating and maintaining personalized investment strategies utilizing a broad range of wealth management services. Paul works with individuals and families, helping them manage their personal assets in keeping with their distinctive goals, risk tolerance, and personal circumstances. This includes assisting clients with establishing goals, working towards developing an appropriate overall investment strategy, formulating potential solutions, and conducting periodic reviews to help clients monitor progress toward reaching their objectives. 

In addition, he supports clients in navigating through changing market environments to provide traditional advice and guidance in the areas of asset allocation, tax-minimization, retirement, and multigenerational planning -- from risk-based strategies to banking and lending needs.  Investment choices include individual stocks and bonds, exchange traded funds, mutual funds, and alternative investments which include hedge funds, private equity and structured solutions.* Paul works closely with clients’ external advisors, such as attorneys and accountants as well as the broader private bank team to access a wide range of resources, capabilities and specialists.

Prior to joining Bank of America Private Bank, Paul served as an Investment Manager at Wells Fargo for 23 years.  Paul obtained a B.S. degree in management from Guilford College and he is a CFA® charterholder.

Active in his community, Paul currently volunteers with Meals on Wheels and Senior Services. He is past president of the Rotary Club of Winston-Salem and a former board member of the Winston-Salem Symphony.

In his free time, Paul enjoys cycling.  He currently resides in Winston-Salem, North Carolina with his wife Anna Roberge.

*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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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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.