Stephen Drake

Managing Director, Private Client Advisor

Professional Profile

Stephen F. Drake is a Private Client Advisor at U.S. Trust, Bank of America Private Wealth Management and joined Bank of America in 1990. His experience brings a broad yet incisive view to clients' opportunities and challenges. Steve earned his BA degree from UCLA in 1977 and he has completed executive programs at Stanford School of Business, the Wharton School of Business and holds the Chartered Alternative Investment Analyst® (CAIA®) designation.

Along with his colleague since 2002, Nan M. Salley, Stephen sets professional standards while leveraging U.S. Trust resources. Steve works with high net worth individuals, family offices, and private foundations in the areas of investment management services, asset allocation strategies, trust services, interest rate and equity hedging strategies, and lending.

He assesses elements from both sides of the client’s balance sheet to help build and execute a plan through the experienced and dedicated team he and Nan oversee.

Stephen has previously served on the Board of Directors of Los Angeles Opera, the Jonathan Club, and has been a member of the Pasadena Tournament of Roses Association for more than 30 years.

*CAIA®, CAIA Association®, Chartered Alternative Investment AnalystSM, and Chartered Alternative Investment Analyst Association® are the exclusive service marks of the CAIA Association.

Our Team

Our team is comprised of talented and experienced individuals committed to building strong client relationships based on trust and personal experience.

Note: These team members are a shared resource, involved in your wealth management plan as appropriate and are subject to change

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Kenneth F Otstot

Private Client Manager

213.861.5280
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Armen D Ajemian

Private Client Manager

213.861.5224

Key Contacts

Elisa T Kevorkian

213.861.5271

Jason Gaskin

213.861.5272

Let's Have A Conversation

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.