Paul S Ochoa-Albelo

Senior Vice President, Private Client Manager

Professional Profile

Paul Ochoa is a Senior Vice President and Private Client Manager with Bank of America Private Bank in Chicago, Illinois. He joined the Private Bank in 2021. Paul provides advice and guidance to high- and ultra-high-net-worth clients, helping them grow, preserve and transfer their wealth. He prides himself on taking the time to listen carefully to what clients have to say about their needs and wants. He navigates the full suite of Bank of America's global resources on their behalf. And he coordinates strategies for clients who are focused on investment management, banking and customized credit, and trust and estate planning services.

Paul understands the demands and complexities of wealth, bringing more than 10 years of financial advisory and sales leadership experience to his role at Bank of America Private Bank.  He began his financial career in 2011 as a Registered Wealth Management Associate with Merrill®, eventually transitioning into a financial advisor role. When he joined Bank of America and Merrill Edge in 2014, he served as a financial solutions advisor, working with the appropriate specialists from within the Private Bank.  

Paul earned a Bachelor of Science degree in finance from Cornerstone University, a private, highly-ranked university in Grand Rapids, Michigan.  When possible, Paul will pick up a hammer and nails and pitch in with Habitat for Humanity and, when time permits, Paul enjoys spending time outdoors, pursuing his passion of fly fishing.  He and his wife and two children reside in nearby Naperville with their beloved goldendoodle.


  • Cornerstone University

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We take the time to listen and learn about you and your family before creating strategies that aim to meet your needs, goals and best interests now and in the future


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.