U.S. Trust is expanding its capabilities to serve the philanthropic needs of its ultrawealthy clients.
The firm, a unit of Bank of America, hired Terry Hill, a former Hirtle Callaghan representative in the Midwest, to serve in the newly-created position of nonprofit institutional sales director. In his new position, Hill will help the firm grow its nonprofit client-base. Hill will report to Bernie Reidy, national philanthorpic sales executive, at the firm's office in Chicago.
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