Penelope Blair

Senior Vice President, Private Client Advisor

Professional Profile

Penelope Blair is a Senior Vice President and Private Client Manager with Bank of America Private Bank in Fort Lauderdale, Florida. She works closely with a broad spectrum of ultra-high-net-worth clients, including multigenerational families, business owners and executives, and not-for-profit organizations. Penelope applies her extensive knowledge of Bank of America to help clients access specialized credit and lending solutions as well as day-to-day liquidity management services. She and her team can also connect clients with the resources to address specific wealth management goals, ranging from wealth transfer planning discussions to strategies for investment management, business succession and philanthropy.

Penelope joined Bank of America in 1992 and transitioned to Bank of America Private Bank (formerly U.S. Trust) in 1994. She began her career as a lending specialist and then became a trust officer, focusing on trust administration and estate planning services. Penelope graduated cum laude from Florida International University with a Bachelor of Arts degree in business management and international business. An honors graduate of the ABA (American Bankers Association) National Graduate Trust School, she also holds the Certified Trust and Fiduciary Advisor (CTFA) designation sponsored by the ABA Institute of Certified Bankers.

Deeply involved in the South Florida community, Penelope serves on the board of PACE Center for Girls Broward, which honored her at its 2019 “A Taste of Italy” event. She was a member of Leadership Broward Class XXIX, Class XXXII chair, and a 2014 Fun Lunch honoree. Penelope is also a past co-chair of the Joint Tax and Estate Planning Seminar sponsored by the United Way, Community Foundation and Jewish Federation of Broward, representing United Way of Broward. She is active with First United Methodist Church in Fort Lauderdale. At Bank of America, she supports the Black Professional Group as the South Florida Community Engagement – Broward leader.

Let's Have A Conversation

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.