NEW YORK – U.S. Trust says it is continuing its strategic expansion of its wealth-management capabilities with the appointment of two senior executives in the Northeast, including one in Rhode Island.
Donald R. Quattrucci has been appointed managing director and market investment executive in Rhode Island.
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U.S. Trust, a wealth management unit of Bank of America Corp., also named Greg Khost the managing director and regional executive in Florham Park, N.J. The firm also appointed Nancy E. Anderson, a senior vice president of private client advisor in Minneapolis.
“For more than a year, U.S. Trust has been in a highly successful campaign to recruit some of the most talented senior professionals in the wealth management industry. The hiring of experienced executives such as Greg Khost, Don Quattrucci and Nancy Anderson is the result of this campaign,” said Keith Banks, president of U.S. Trust. “They, and the other executives, advisers and experts we have brought on board, have strengthened our ability to serve clients in leading markets across the nation, and are helping clients to meet complex financial challenges and grow and structure their wealth for future generations.”
U.S. Trust said Don Quattrucci comes to the company with 22 years of investment management experience, most recently at BNY Mellon’s Private Wealth Management group, where he served as Rhode Island regional president, managing all portfolio management and new business development activities within the region. He joined BNY Mellon in 1997 from The Boston Company’s Capital Markets Group.
