Story perspectives

Bank of America Unveils Exclusive Investment Program for Ultra-Wealthy

9/11/2025

Summary

Story summary

Bank of America (BofA) will launch the Alts Expanded Access Program in fall 2025 for ultra-high-net-worth clients with $50 million or more in net worth.
The program offers direct access to exclusive private market funds, emphasizing alternatives in wealth management.
A report shows 93% of wealthy Americans plan to increase alternative investment allocations for growth and diversification.
Indian family offices are professionalizing investment management and adapting to regulatory changes, leading to organized wealth management structures.
Geopolitical factors are shaping family office strategies, encouraging diversification into new markets and sectors.

History

Historical Context

The 2008 global financial crisis prompted significant shifts in wealth management, with Bank of America focusing on ultra-high-net-worth clients. By 2021, 93% of wealthy Americans sought alternative investments, reflecting a broader trend where family offices, particularly in India, professionalized their investment strategies to navigate new regulations and geopolitical uncertainties, underscoring the evolving landscape of wealth management.

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Story summary

Bank of America (BofA) will launch the Alts Expanded Access Program in fall 2025 for ultra-high-net-worth clients with $50 million or more in net worth.
The program offers direct access to exclusive private market funds, emphasizing alternatives in wealth management.
A report shows 93% of wealthy Americans plan to increase alternative investment allocations for growth and diversification.
Indian family offices are professionalizing investment management and adapting to regulatory changes, leading to organized wealth management structures.
Geopolitical factors are shaping family office strategies, encouraging diversification into new markets and sectors.

1 / 2