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Stock impact report

Bank Of America Art Consulting Adds Dimension To Wealth And Valuation Story [Yahoo! Finance]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: Yahoo! Finance
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Bank of America Private Bank has introduced a new Art Consulting service for clients. The service focuses on helping high net worth individuals manage art as both an investment and cultural asset. It is designed to bring nonfinancial assets like art into broader wealth planning discussions. For investors watching NYSE:BAC, this move adds another layer to Bank of America's broad wealth management offering. The company's shares most recently closed at $49.97, with a 1 year return of 19.8%, a 3 year return of 62.8%, and a 5 year return of 54.5%. Those figures put the new service into context as part of a long running effort to expand how it serves high net worth clients. For clients, art consulting can help connect passion driven purchases with long term planning, including estate, tax, and liquidity considerations. For investors, it is another example of how large banks Show less Read more
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