Bank of America’s U.S. Trust added a new sales director, as it continues to expand in the nonprofit marketplace.
John Stuntebeck joins U.S. Trust from SEI Investments, where he worked as a regional director with a specialization in endowments, foundations and nonprofits, according to the company. His tasks at U.S. Trust include growing the Southeast division’s outsourced CIO business, a segment where the company is seeing “growing demand,” it says.
Stuntebeck worked at SEI for 15 years, according to FINRA BrokerCheck records. SEI declined to comment on his departure.