U.S. Trust, Bank of America Private Wealth Management (U.S. Trust) is a wealth management firm based in New York, New York. Established in 1853, the firm provides investment management, family office, wealth management, planned giving and fiduciary services to a range of institutional clients, including not-for-profit organizations, corporations, public funds, insurance companies and unions. It also offers investment consulting, tax-intelligent investment management, custody, and private-label statement services. It operates as a subsidiary of Bank of America. The assets are managed by the executive management team.