Tom Applegate is a Senior Vice President and Portfolio Manager with Bank of America Private Bank in Princeton, New Jersey. Tom’s background includes multi-manager portfolio construction and management, investment consulting, product development and client relationship management. Tom is part of a team that works closely with entrepreneurs, business owners, real estate professionals, senior executives and their family members, to help them grow, preserve, and transfer their wealth more effectively.
With more than 25 years of experience in the investment and financial services industry, Tom is skilled at representing complex investment and financial concepts to a wide range of audiences. Within Bank of America, Tom constructs and manages investment portfolios designed to help clients meet their financial and lifetime goals.
Tom began his career in 1984 as a commercial lender with Fidelity Bank. From there he moved to Merrill Lynch where he held various roles over a period of 18 years, ending with the Retirement Group where he oversaw a staff of consultants and actuaries focused on developing risk management strategies for pensions and 401(k) plans. Subsequently, Tom served as client portfolio manager for ING Investment Management (now VOYA), as part of a team that managed $24 billion in customized multi-manager portfolios. Most recently, he spent two years at Wells Fargo Wealth and Investment Management and was part of a team of professionals that provided investment, financial and estate planning to help meet the wealth management needs of high-net-worth clients.
Tom earned a Bachelor of Arts in accounting and business administration from Muhlenberg College in Allentown, Pennsylvania. He holds a Chartered Financial Analyst® (CFA®) designation and is a member of both the CFA® Institute and the New York Society of Security Analysts.
Tom lives in Hillsborough, New Jersey with his wife, son and daughter.
CFA® and Chartered Financial Analyst® are registered trademarks 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.