Fidelis Capital Welcomes Paul Trippe as Partner

As an investment executive at U.S. Trust / Bank of America Private Bank, Trippe directly managed client assets in excess of $2 billion; he brings 40+ years of experience serving UHNW clients to Fidelis Capital.

TAMPA, Fla., July 1, 2025 /PRNewswire/ -- Fidelis Capital announced today that former U.S. Trust / Bank of America Private Bank investment executive Paul Trippe has joined the firm as its newest Partner, bolstering the RIA's impressive roster of former institutional private bank leaders.

Serving ultra-high-net-worth clients and institutions for more than 40 years, Paul Trippe is a respected investment authority in the private banking industry. At Fidelis Capital, he will use his decades of experience addressing the complex investment needs of generational wealth while leveraging the firm's uniquely customized investment solutions—all of which are fully integrated with comprehensive plans for clients' tax, retirement, asset accumulation, and long-term planning goals.

Paul is the newest member of Fidelis Capital's Investment Committee, which is comprised of other former Bank of America and Wells Fargo Private Bank market leaders, and he is a welcome addition to the group's already robust thought leadership.

"It remains one of our core tenets to grow intentionally, only adding professionals who are exemplars of their craft and who demonstrate the work ethic, integrity and commitment to client and team that align with the high expectations of our team and our clients," said Rick Simonetti, Founding Partner, CEO and Head of Wealth Planning at Fidelis Capital. "Several of our founding partners and advisors have known and worked with Paul for many years, and they have a deep respect for his expertise, candor and commitment to serve. For those of us who did not know Paul, it was immediately apparent that he would be a tremendous addition to the Fidelis Capital team."

"Paul's desire to 'unretire' to ensure the families he cares about have the right advisory team for generations to come is proof enough of his commitment to clients' best interests," said Simonetti. "It's incredibly humbling that Paul chose Fidelis Capital as the firm to join and as the home for those families."

Paul served U.S. Trust / Bank of America Private Bank for 31 years, most recently as Managing Director and Market Investment Executive, where he directly managed client assets in excess of $2 billion. Prior to U.S. Trust, he was Complex Director and Financial Advisor for six years at Merrill Lynch. He also worked in corporate bond institutional sales at A.G. Becker for four years and three years before that at First National Bank of South Carolina (now Wells Fargo) in government and municipal bond trading and sales.

"After working as closely with families as I have for more than 40 years, you gain a wealth of perspectives—and deeply personal relationships. Clients become family, and you want the best for them as if they were relatives," said Paul Trippe, Partner at Fidelis Capital. "Unlike the first time, I am coming out of retirement because Fidelis Capital's very nature allows me to serve these clients in the way I've wanted to for years, far beyond what I was limited to before. There is more flexibility, and it has a very personal feel."

"Fidelis Capital has built something that is much more client friendly—it's real. It's not talking about delivering a private banking experience, it is built to deliver that and more, with an impressive roster of talent working together for a select group of clients," said Trippe. "Fidelis intentionally operates on an intimate basis, which was a huge draw for me and is something I know long-time clients are looking for."

"I've known Paul for almost 20 years and can confidently say there are few people in the industry more committed to serving clients with integrity, humility and genuine care," said Matthew Ellis, Founding Partner and President at Fidelis Capital. "Paul's character perfectly aligns with our values and vision for Fidelis, and his addition reinforces our commitment to serving client families as an extension of our own."

About Fidelis Capital

Fidelis Capital Partners is an advisor-owned wealth management firm dedicated to addressing the complex investment and planning needs of ultra-high-net-worth individuals, families and institutions. With more than 450 years of combined experience serving this clientele, Fidelis Capital delivers a uniquely integrated, team-based approach to wealth planning, asset management and family office services. By coordinating, clarifying, and simplifying financial affairs, our team helps clients enjoy more of what money can't buy—time.

Founded by former private bankers from Wells Fargo and Bank of America, Fidelis Capital is the first wealth management firm started by principals from rival institutions and has offices in Tampa, Florida; Dallas, Texas; Washington, D.C.; Greenwich, Connecticut; St. Louis, Missouri; Charlotte, North Carolina; and Columbia, South Carolina. For more information, visit www.fideliscapital.com. Stay up to date with Fidelis Capital on LinkedIn: https://www.linkedin.com/company/fidelis-capital-partners-llc/

Contact:

Kelly Hartzell
Brand & Communications Manager
Fidelis Capital
[email protected]

SOURCE Fidelis Capital Partners