Sharmishtha (Simmi) Prasad

Senior Vice President, Private Client Advisor

Professional Profile

Simmi Prasad is a Senior Vice President and Private Client Advisor for U.S. Trust, Bank of America Private Wealth Management. Simmi joined U.S. Trust in December 2017 from Wells Fargo Private Bank. She has over 15 years of experience working with ultra-high net worth and high net worth multi-generational families, business owners and non-profit institutions. She leads a team of specialists in investment management, credit and banking, wealth planning strategies, estate planning and asset preservation to help her clients navigate towards their life goals.

Simmi began her career with Wachovia in retail banking in 2002. A move to Wells Fargo Advisors in 2004 resulted in her working with affluent families on investments strategy and portfolio management. Simmi then moved to Wells Fargo Private Bank in 2011 as an investment management specialist, and was an integral part of the team that provided a holistic and full balance sheet approach to wealth clients. Her last position with Wells Fargo Private Bank was Vice President and Investment Strategist.

Simmi earned a Master of Business Administration degree with a concentration in finance from Campbell University in 2009. Simmi also holds the Certified Trust Financial Advisor designation and is a member of Institute of Certified Bankers.

Simmi is very active in the community and serves on several local boards.  She is president-elect for The International Entrepreneurs for Carolinas. She serves as a board member for Cary Community Foundation, and is on advisory board for NCIAP- People’s Medical Care.

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We take the time to listen and learn about you and your family before creating strategies that aim to meet your needs, goals and best interests now and in the future

EXTENSIVE REACH, INNOVATION AND A LEGACY OF TRUST

You don’t define your wealth by numbers alone, but also by the opportunities it provides. For more than 200 years, U.S. Trust has helped clients navigate the complex challenges of managing significant wealth. We draw on U.S. Trust’s personalized approach and private banking services, as well as the resources of Bank of America Corporation, to help individuals and families, businesses, and institutions achieve their financial objectives. Whether you’re looking to preserve and share wealth, build philanthropic legacies or plan for future growth, our commitment is to make your goals our priority.

At U.S. Trust, we take pride in our history and in serving our clients’ best interests. We also value the continual pursuit of innovation in a constantly transforming world. We apply this perspective to help our clients anticipate and respond to evolving markets, changing environments and the growing complexities of the financial landscape. Mindful of the past, our focus is on providing today’s clients with disciplined financial strategies and a bridge across generations.