BAC · News · 20261001N
Wealth Management Growth
BANK OF AMERICA CORP /DE/ · 2026-10-01 · Importance 32 · Surprise 24 · In source text
Bank of America’s Personal Retirement Strategy (PRS) surpassed $100 billion in total assets, reflecting increased demand for personalized retirement solutions. More than $10 billion is managed through Merrill Managed, which provides professional portfolio management within the PRS offering. The program combines retirement-income planning, investment guidance, and digital financial-wellness tools for employees and retirement savers.
Key facts
- Bank of America's Personal Retirement Strategy (PRS) has exceeded $100 billion in total assets, including over $10 billion managed by Merrill Managed. source
- Bank of America notified a holding threshold crossing in Workspace Group PLC on September 29, 2026, reporting total combined voting rights and financial instruments of 7.675562%, equivalent to 14,788,753 voting rights, up from a previous notification of 1.628011%. source
- Bank of America provided a $10 million grant to Boston Children's Hospital to establish a new pediatric behavioral health campus of Franciscan Children's in Brighton. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -0.0% | Bank of America provided a $10 million grant to Boston Children's Hospital to establish a new pediatric behavioral health campus of… |
| revenue | positive | probable | — | Bank of America's Personal Retirement Strategy (PRS) has exceeded $100 billion in total assets, including over $10 billion managed by… |
| assets | positive | realized | — | Bank of America notified a holding threshold crossing in Workspace Group PLC on September 29, 2026, reporting total combined voting rights… |
| cash | negative | realized | — | Bank of America provided a $10 million grant to Boston Children's Hospital to establish a new pediatric behavioral health campus of… |