U.S. Trust

About The Fund

U.S. Trust, formally known as U.S. Trust, Bank of America Private Wealth Management, is a wealth management firm that provides a wide range of financial services to a diverse clientele, which includes not-for-profit organizations, corporations, public funds, insurance companies, and unions. Their services encompass investment management, planned giving, and fiduciary services. Specifically, U.S. Trust offers wealth management services including investment, financial, tax, and estate planning; alongside private banking services that cover administration, tax preparation, and record-keeping. Additionally, the firm provides investment consulting, tax-intelligent investment management, custody, private-label statement services, and check distribution services. U.S. Trust has a strong focus on employee benefit plans, serving as a fiduciary for qualified retirement plans such as 401(k) plans, employee stock ownership plans (ESOPs), and defined benefit plans. As an independent trustee, they make investment decisions and protect the interests of plan beneficiaries, especially during corporate transitions such as recapitalizations, mergers, acquisitions, or management buy-outs. Since 2007, U.S. Trust has operated as a subsidiary of Bank of America Corporation and maintains its headquarters in New York, New York. They demonstrate capabilities in assisting clients with acquisitions, aiming for investment opportunities primarily in the IT and TMT sectors with a minimum and maximum investment fund amount of $5,190,000.