Salvador (Sal) Ferradas

Managing Director, Private Client Advisor

Institutional Client Advisor

Professional Profile

Sal Ferradas is a Managing Director, Private Client and Institutional Advisor with Bank of America Private Bank in Fort Lauderdale, Florida. He joined Bank of America in 1997 and has been with the Private Wealth Management division since 1999. He leads a team of specialists who seek to provide guidance and customized strategies to high net worth families and individuals in the areas of Investments, Credit, Banking and Estate Planning. Sal and his team seek to provide clients with an integrated plan tailored to their unique needs and help them manage the complexities of wealth. Sal also works with Institutional clients, helping these entitites advance their underlying missions through integrated investment policy, fiduciary services, administration, governance and leadership development. 

He earned a BBA from Florida International University, an MBA from Barry University, and holds the CERTIFIED FINANCIAL PLANNER™ certification and is a Certified Private Wealth Advisor® professional.  He has completed executive programs at the Wharton School of Business and University of Chicago Booth School of Business. Sal has also earned the internal Private Bank title as an Institutional Client Advisor (ICA).

A South Florida native, Sal has been on the boards of the Fort Lauderdale Museum of Discovery and Science, Take Stock in Children of Florida and the Broward Public Library Foundation, as well as serving on FIU's President Council. 

His goal is to bring individualized strategies locally, focusing on managing risk and preserving wealth. Sal and his team strive to help clients pursue their financial and charitable goals. He and his team apply an integrated approach that coordinates with a wide range of professionals within the Private Bank at Bank of America to help clients pursue their wealth management needs. With this client centric approach, Sal and his team concentrate on engaging and executing according to plan. Whether they are current or retired business owners, corporate executives, entrepreneurs, individuals who have inherited their wealth, or institutions, the same principles apply to clients: They are all unique and they receive a tailored strategy specific to them.


*Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® in the U.S.

*Investments & Wealth Institute™ (The Institute) is the owner of the certification marks CPWA® and Certified Private Wealth Advisor®.  Use of CPWA®, and/or Certified Private Wealth Advisor® signifies that the user has successfully completed the Institute’s initial and ongoing credentialing requirements for wealth advisors.


Our Team

Our team is comprised of talented and experienced individuals committed to building strong client relationships based on trust and personal experience.

Note: These team members are a shared resource, involved in your wealth management plan as appropriate and are subject to change

Penelope Blair

Private Client Manager


James (Jim) P Buchanan

Senior Trust Officer


Alexandra Guevara Escobedo

Portfolio Manager


Liana Franceschini

Portfolio Manager


Scott A. Farber

Wealth Strategies Advisor


Key Contacts

Ellen Charanian

Private Banking Associate II


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.