Merrill Wealth Management and Bank of America Private Bank have announced the launch of the Alts Expanded Access Program, a new private market program available to ultra-high-net-worth (UHNW) clients with a net worth of $50 million or more.
Available in fall 2025, the program is designed to complement the investment options available through Merrill’s and Bank of America Private Bank’s core Alternative Investments platform, offering qualified investors avenues to build an expanded allocation to alternatives as part of a diversified portfolio.
“Traditionally, private market alternatives were the domain of institutional investors, but as wealth building needs have evolved, we’re seeing more clients seek non-traditional investments, fueled by market changes and the desire to diversify,” said Mark Sutterlin, head of alternative investments for Merrill and Bank of America Private Bank.
Key features of the Alts Expanded Access Program include:
S
