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Bank of America Private Bank which was initially known as U.S. Trust was established in 1853 as the United States Trust Company of New York. The Bank operated independently until 2000, when it was acquired by Charles Schwab, and Co. and sold afterwards to, and became a subsidiary of, Bank of America in 2007. U.S. Trust was fabricated as a financial company to help both institutions and individuals by acting as executor and trustee were rare, the concept was innovative. The Bank has a clear purpose to help make lives better with the help of power of every connection and this purpose is fulfilled through their commitment to accountable expansion, which includes a focus on environmental, social and governance leadership. It dispenses unparalleled convenience in the United States each day which serves approximately 66 million consumer and small business clients. It is a far-reaching commander in wealth management, corporate, and investment banking.
Departments
What departments U.S. Trust employees work at?
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Commercial Banking Companies
Large size
Finance & Insurance Companies
Large size
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Team
Professional experience
Professional Growth
How many years of experience do U.S. Trust employees have before joining?
Years of experience at U.S. Trust: Newcomers: 23%, Experiencers: 14%, Experts: 20%, Veterans: 43%. U.S. Trust employees have 8+ years experience on average before joining.
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Professional Growth
Where did U.S. Trust employees work before joining?
Where they've worked before U.S. Trust: Bank of America, Bank of America Merrill Lynch, J.P. Morgan. Typical U.S. Trust employees have worked at Bank of America.
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Bank of America
Bank of America Merrill Lynch
J.P. Morgan
Professional Growth
What industries did U.S. Trust employees work in previously?
Industry Background: The most typical industries of U.S. Trust: Commercial Banking Companies, Insurance Agency & Brokerage Firms, Finance & Insurance Companies, Investment Banking & Securities Brokerage Firms, Investing Companies. U.S. Trust employees most likely come from a Commercial Banking Companies industry background.
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Professional Growth
Where did U.S. Trust employees work before joining?
Past employers' size at U.S. Trust: Small: 23%, Medium: 10%, Large: 67%. Most U.S. Trust employees have previously worked at large companies.
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Educational background
Educational background
What did employees at U.S. Trust study?
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Top educational institutions
Where did employees at U.S. Trust study?
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Employee data
Professional Growth
How long do people stay in a role at U.S. Trust?
Time employed at U.S. Trust: <1: 10%, 1-3: 28%, 4-8: 28%, 9-13: 16%, 14-20: 10%, 20+: 8%. Most U.S. Trust employees stay with the company for 1-3 years which is less than the industry average.
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Culture & Values
How does U.S. Trust rank for age & gender diversity?
Gender ratio at U.S. Trust: 61.1% Male and 38.9% Female. Age ratio at U.S. Trust: 16-20: 0%, 21-30: 29%, 31-40: 33%, 41-50: 20%, 51-60: 13%, 60+: 5%. U.S. Trust rates - 4.1% less female than the industry average. Most U.S. Trust employees are 31-40, which is on par with the industry median age range.
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Professional Growth
What are the top roles at U.S. Trust?
Top roles of U.S. Trust: Vice President, Trust Officer, Portfolio Manager, Managing Director, Private Client Advisor. The top role at U.S. Trust is Vice President.
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Vice President
Trust Officer
Portfolio Manager
Managing Director
Private Client Advisor
Career advancement
Professional Growth
How does U.S. Trust rank for career advancement?
Career advancement at U.S. Trust: medium. U.S. Trust ranks medium for career advancement which is above the industry average.
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Professional Growth
What companies do U.S. Trust employees go on to work at?
Future employers of U.S. Trust: Bank of America, Bank of America Merrill Lynch, Citi, JPMorgan Chase & Co., Merrill Lynch. People who work at U.S. Trust most typically go on to work for the Bank of America.
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Bank of America
Bank of America Merrill Lynch
Citi
JPMorgan Chase & Co.
Merrill Lynch
Find your job at U.S. Trust
Atlanta, GA
$30K-$36K / yr. (est.)
Mr. Bult's Inc. is seeking a full-time Office Assistant/Receptionist at the corporate offices. Applicant must be energetic and friendly. Multitasking skills are essential to this role. As the first point of contact for customers and visitors, excellent com
San Francisco, CA
$40K-$49K / yr. (est.)
The Customer Service/accounting clerk position will require the individual to be able to communicate and work well with others and in a team environment. Strong phone ability, you must be able to speak clearly and directly and follow directions. A quick an
U.S. Trust Reviews and Ratings
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Get the scoop on what others who have experience with U.S. Trust think of working there or join the conversation by leaving a review.
Admininstrative Assistant
New York, NY - November 6, 2021
Unfortunately since Schwab merged with U.S. Trust many people, including myself we're let go. That was very disappointing and sudden.
Pros and Cons
Great staff/location. Occasionally room for growth in accordance to skills & opportunity
Knowledgeable and great staff.
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Discussion about U.S. Trust
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What year was U.S. Trust founded?
Isabella Holmes3 years ago
it was founded in 1853
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What industry does U.S. Trust belong to?
Isabella Holmes3 years ago
Banking/Mortgage, Accounting/Finance.
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Where can I find U.S. Trust’s headquarters?
Benjamin Gardner3 years ago
New York, NY.
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What’s the gender distribution at U.S. Trust?
Liam Brown3 years ago
38.9% female, 61.1% male.
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What’s U.S. Trust’s yearly revenue?
Sophie Hayes3 years ago
$100m to $500m, i think
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Who is the CEO of U.S. Trust?
Liam Brown3 years ago
Keith T. Banks.
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How long do people usually work for U.S. Trust?
Isabella Holmes3 years ago
1-3 year(s).
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what kind of companies did U.S. Trust employees work for?
Benjamin Gardner3 years ago
Large companies before U.S. Trust.
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what are the chances of career advancement at U.S. Trust?
Sophie Hayes3 years ago
i think medium.
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Top future employers of U.S. Trust employees?
Sophie Hayes3 years ago
Bank of America, Bank of America Merrill Lynch, Citi, JPMorgan Chase & Co., Merrill Lynch, Morgan Stanley, Northern Trust, Wells Fargo.
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Who are the top previous employers of U.S. Trust employees?
Isabella Holmes3 years ago
Bank of America, Bank of America Merrill Lynch, J.P. Morgan, JPMorgan Chase & Co., Merrill Lynch, Morgan Stanley, Northern Trust, Wells Fargo.
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How old are U.S. Trust’s employees in general?
Sophie Hayes3 years ago
around 31-40, 21-30.
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Where did most of U.S. Trust employees go to school?
Liam Brown3 years ago
Boston College, Boston University, Campbell University, New York University, Providence College.
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Isabella Holmes
Career Advocate
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