BofA Names Jason Edelmann President of Fort Lauderdale

Rhea-AI Summary

Bank of America (NYSE: BAC) has appointed Jason Edelmann as president of Bank of America Fort Lauderdale. In this role, Edelmann will be responsible for connecting clients, teammates, and communities across the bank's eight lines of business. He will continue his current position as Merrill Florida Tropics market executive, leading a team of over 300 advisors across five South Florida offices.

Edelmann, who joined the company in 2007, serves on the advisory board of Riverwalk Fort Lauderdale. The appointment aligns with Bank of America's strategy to deliver comprehensive financial services, as highlighted by CEO Brian Moynihan. The bank currently serves approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, with 58 million verified digital users.

News Market Reaction

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+0.64% News Effect

On the day this news was published, BAC gained 0.64%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

FORT LAUDERDALE, Fla., March 20, 2025 /PRNewswire/ -- Bank of America has named Jason Edelmann president of Bank of America Fort Lauderdale. As president and head of the market, Edelmann will connect clients, teammates, and communities to the full power of the franchise and drive integration across the bank's eight lines of business.

"Jason is well positioned to deliver the full breadth of Bank of America to our Fort Lauderdale clients and community and grow market share," said Brian Moynihan, Bank of America chair and chief executive officer. "His leadership will help our Fort Lauderdale clients improve their financial lives and deliver responsible growth."

Edelmann joined the company in 2007 and has held numerous leadership roles within Merrill. He continues his role as Merrill Florida Tropics market executive, where he leads a team of more than 300 advisors and associates across five South Florida offices.

Actively engaged in his local community, Edelmann serves on the advisory board of Riverwalk Fort Lauderdale.

Bank of America

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Reporters may contact:

Matthew Daily, Bank of America
Phone: 1.404.607.2844
matthew.daily@bofa.com 

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SOURCE Bank of America Corporation

FAQ

What is Jason Edelmann's new role at Bank of America (BAC)?

Jason Edelmann has been appointed as president of Bank of America Fort Lauderdale, while maintaining his position as Merrill Florida Tropics market executive.

How many advisors does BAC's Merrill Florida Tropics team manage under Edelmann?

Edelmann leads a team of more than 300 advisors and associates across five South Florida offices.

What is Bank of America's (BAC) current retail presence in the United States?

BAC operates 3,700 retail financial centers and approximately 15,000 ATMs, serving 69 million consumer and small business clients.

How many verified digital banking users does BAC currently have?

Bank of America has approximately 58 million verified digital banking users.