Eric Schimpf — SPARQNOW

At-a-Glance

President and co-head of Merrill Wealth Management, overseeing 25,000+ employees and $3.9 trillion in client balances.
Member of Bank of America Corporation's executive management team.
Oversees Bank of America's Investment Solutions Group, including the Chief Investment Office.
Began his career in Merrill Wealth Management as a Financial Advisor in 1994.
Served in leadership positions including division executive for the Pacific Coast and Southeast Divisions.
Commissioned as an infantry officer in the United States Army, earning airborne ranger qualification.

Biography

Eric Schimpf serves as President and Co-Head of Merrill Wealth Management, a role in which he is also a member of Bank of America Corporation's executive management team. Alongside co-head Lindsay Hans, he leads over 25,000 employees dedicated to providing investment and wealth management strategies to individuals and businesses across the U.S.

Merrill manages $3.9 trillion in client balances as of September 30, 2025, and its financial advisors are consistently recognized in industry rankings.