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.

Image: Bloomberg News
Image: Bloomberg News

Stuntebeck worked at SEI for 15 years, according to FINRA BrokerCheck records. SEI declined to comment on his departure.

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