Sharmishtha (Simmi) Prasad

Senior Vice President, Private Client Advisor

Professional Profile

Simmi Prasad is a Senior Vice President and Private Client Advisor for Bank of America Private Bank. Simmi joined Bank of America Private Bank in December 2017 from Wells Fargo Private Bank. She has over 15 years of experience working with ultra-high net worth and high net worth multi-generational families, business owners and non-profit institutions. She leads a team of specialists in investment management, credit and banking, wealth planning strategies, estate planning and asset preservation to help her clients navigate towards their life goals.

Simmi began her career with Wachovia in retail banking in 2002. A move to Wells Fargo Advisors in 2004 resulted in her working with affluent families on investments strategy and portfolio management. Simmi then moved to Wells Fargo Private Bank in 2011 as an investment management specialist, and was an integral part of the team that provided a holistic and full balance sheet approach to wealth clients. Her last position with Wells Fargo Private Bank was Vice President and Investment Strategist.

Simmi earned a Master of Business Administration degree with a concentration in finance from Campbell University in 2009. Simmi also holds the Certified Trust Financial Advisor designation sponsored by the ABA Institute of Certified Bankers and is a member of Institute of Certified Bankers.

Simmi is very active in the community and serves on several local boards.  She is president-elect for The International Entrepreneurs for Carolinas and serves on the advisory board for Council for Entrepreneurial Development. She serves as a board member for Cary Community Foundation, and is on advisory board for NCIAP- People’s Medical Care. She also serves as an advisor to North West Cary YMCA board and Wake Education Partnership Board.

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EXTENSIVE REACH, INNOVATION AND A LEGACY OF TRUST

For more than 200 years, Bank of America Private Bank (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.