Raul A Arguello

Managing Director, Portfolio Manager

Professional Profile

Raul Arguello is a Managing Director and Senior Portfolio Manager with Bank of America Private Bank. He works closely with a wide range of ultra-high-net-worth clientele that includes multigenerational families, real estate developers, business owners and executives, as well as entrepreneurs and not-for-profit organizations. In his role, Raul is responsible for developing and executing personalized investment strategies utilizing traditional and alternative investments when suitable and appropriate. He assists clients with establishing goals and objectives, working towards developing an appropriate overall strategy, formulating and implementing 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 multi-generational 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. Raul 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.

Raul’s investment career spans over two decades. Prior to joining the Bank of America Private Bank (formerly U.S. Trust) in 2008, Raul was with SunTrust Bank in Miami, Florida where he worked closely with high- and ultra-high-net worth individuals and families, helping develop and implement investment programs for domestic and international clients. He graduated from Florida International University with a Bachelor of Business Administration degree in finance and international business with a minor in economics. He also earned his Master of Business Administration degree from the University of Florida and holds the CERTIFIED FINANCIAL PLANNER™ certification.

Raul is a member of the Young Friends of the Norton Museum of Art. He is also an advocate for promoting financial literacy and volunteers to deliver the Better Money Habits Bank of America programs in the community. He resides in West Palm Beach with his wife and their two daughters.



*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.

CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the U.S.

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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.