Shilpa Selvam

Senior Vice President, Senior Trust Officer

Professional Profile

Shilpa Selvam is a Senior Vice President and Senior Trust Officer at Bank of America Private Bank in Chicago, Illinois.  As a Senior Trust Officer, Shilpa administers highly complex multi-generational trusts and assists clients and their families in achieving their wealth planning goals.  Shilpa works closely with fellow members of the client's Bank of America Private Bank team to fulfill the firm's duties as a fiduciary and to deliver a coordinated and holistic approach to financial management and planning.  She joined Bank of America Private Bank (formerly U.S. Trust) in 2010 as a Wealth Strategies Analyst.  In that role, Shilpa produced cash flow analyses, estate plan flowcharts and summaries, and estate planning solution illustrations to facilitate the delivery of comprehensive planning services for clients in areas such as financial and tax planning, estate planning, business succession, and philanthropy.

Shilpa received her B.A. in political science from Boston University, her J.D. from The Ohio State University, Moritz College of Law, and her LL.M. in taxation from Northwestern University School of Law.  She is a member of both the Illinois and Michigan State Bars.  From 2014-2016, Shilpa served as a Co-Chair of the Chicago Bar Association Young Lawyers Section Estate Planning Committee.


*Shilpa does not provide legal, tax or accounting advice in her role with Bank of America Private Bank.

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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.