U.S. Trust, Bank of America Private Wealth Management is a wealth-management organization providing wealth-structuring, investment management, banking and credit services. The New York-based company also provides advisers who offer a range of specialized family-office services, including investments, single-stock management, integrated planning, philanthropic management, succession planning, specialty asset management, financial administration, compliance and family stewardship.
Bank of America Corp. paid more than $3.3 billion to acquire the company from Charles Schwab Corp. in 2007. Following the acquisition, Bank of America combined U.S. Trust with its private-banking and wealth-management business.
Founded in 1853, U.S. Trust is one of America’s oldest investment-management and trust companies. Before Schwab’s acquisition of the company in 2000, U.S. Trust traditionally served the investment needs of the very wealthy. U.S. Trust and the storied discount-broker clashed when it came to corporate cultures and client-relationship styles.
BofA offers these seven tips for successful interviews:
-- Research the primary functions of the job.
-- Assess your skills, abilities, knowledge, values and accomplishments.
-- Anticipate the interviewers’ questions.
-- Prepare answers to questions that may be asked.
-- Prepare questions for the interviewer.
-- Practice in a mock interview.
-- Send a follow-up letter afterward.