David Schumacher is a Senior Vice President and Senior Portfolio Manager at Bank of America Private Bank in Scottsdale, Arizona. David brings more than 28 years of portfolio management experience to relationships with a diverse group of ultra-high-net-worth clients, including individuals, families, and institutions. David works closely with clients to design and implement investment strategies tailored to their unique financial goals. For multigenerational families, these may include leaving a legacy for future generations or charitable causes. David provides guidance to help individuals define investment objectives, implement strategies, build portfolios, and review performance. When working with foundations and endowments, he focuses on investment strategies to help advance their mission. Throughout his financial career, David has focused exclusively on portfolio management. Prior to joining Bank of America Private Bank in 2010, he was a vice president and portfolio manager at Northern Trust Company in Chicago, Illinois, and Phoenix, Arizona. David earned a Bachelor’s degree in Economics from the University of Arizona and an MBA degree in Finance from the University of Illinois, Urbana-Champaign. He holds the Chartered Financial Analyst® (CFA®) designation and is a member of the CFA Institute. Previously, he served on the board and as president of the CFA Society Phoenix. He has been a member of the finance committee of the Roman Catholic Diocese of Phoenix for seven years. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
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 familieis, businesses, and institutions achieve their financial objectives. Whether you're looking to preserve and share wealth, build philanthropic legacies or plan future growth, our commitment is to making your goals our priotity. At Bank of America Private Bank, we take pride in our history and in serving our clients' best interest. 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 in on providing today's clients with disciplined financial strategies and a bridge across generations.