Bank of America Private Bank expands Charleston team with new hire

June 21, 2021

Bank of America Private Bank announced the hiring of a Private Client Manager in the Charleston, emphasizing the firm’s commitment to expanding its presence across the United States and serving clients at the local level.

John Sherman joins Bank of America’s Charleston team as a Senior Vice President, Private Client Manager. Sherman is joining a group of Private Bank advisors, wealth strategists, trust officers and portfolio managers to comprehensively serve the needs of high-net-worth clients and their families.

“Throughout the Private Bank’s long history, we have helped our clients manage wealth by providing personalized solutions and a bridge between generations. Using specialized capabilities and a unique team approach, we work with our clients to help them create a legacy that gives meaning to their wealth today and in the future,” said Kim Wilkerson, Bank of America South Carolina President and South Carolina market executive for Bank of America Private Bank. “What truly makes our approach special is the boots on the ground, which is why we are so pleased to add John, an experienced and dedicated professional with over three decades of experience, to our team in Charleston.”

Sherman has extensive background in private banking and wealth management with over 32 years of experience. He started his banking career at Fifth Third Bank in Cincinnati, OH, in their management training program before accepting a position in Private Banking. In 1998, he joined legacy NationsBank in Winston-Salem, NC, as a Client Service Officer. He held various positions over his 17-year tenure with our firm in the Triad and Charlotte markets including Relationship Manager, Trust Officer and Private Client Manager. Most recently, John was a Wealth Advisor at Truist Bank (formerly BB&T) in Charlotte, NC.

John earned a Bachelor of Science degree in marketing at Miami University in Oxford, OH. He has his Series 7, 63 and 65 securities licenses as well as his SC Life and Health Insurance licenses. John has been active with various philanthropic, professional and civic organizations throughout his career.

Bank of America currently employs 370 people in the Charleston area. Bank of America Charitable Foundation has granted more than $2.8 million in the Charleston area to advance racial equality, economic opportunity and address needs brought on by the coronavirus, along with $591,000 in local non-profit contributions pledged by employees – a portion of which has been matched by the Charitable Foundation. Local employees have volunteered more than 24,000 hours in the community.


Bank of America Private Bank

Bank of America Private Bank is a leading private wealth management organization providing vast resources and customized solutions to help meet clients’ wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship. Bank of America Private Bank has more than 4,300 professionals and maintains 93 offices in 31 states. As part of Bank of America, it can provide access to a broad range of banking solutions for individuals and businesses, and an extensive retail banking platform.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 2,700 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,400 business centers; approximately 17,000 ATMs; and award-winning digital banking with approximately 40 million active users, including approximately 31 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.