Fidelis Capital Hires Bank of America Strategist as 13th Partner for Nearly $3 Billion RIA
Updated
Updated · Wealth Management · Jul 22
Fidelis Capital Hires Bank of America Strategist as 13th Partner for Nearly $3 Billion RIA
1 articles · Updated · Wealth Management · Jul 22
Summary
Herb Achey joined Fidelis Capital from U.S. Trust/Bank of America Private Bank to build investment strategies for the Tampa-based RIA’s ultra-high-net-worth clients.
30 years at Bank of America and oversight of more than $2 billion in client assets made Achey a targeted hire for single-stock concentration management, trend-driven investing and complex family-office style portfolios.
Fidelis, founded in 2022 by former bank-based advisors, has grown to nearly $3 billion in assets and said Achey will receive phantom equity rather than an ownership stake.
The appointment makes Achey the firm’s 13th partner, underscoring Fidelis’ push to deepen talent as it competes for generationally wealthy families and institutions.