Lorna Sabbia (CGS ’86, Questrom ’88)
Lorna Sabbia is a 22-year veteran with the firm and is currently Head of Retirement & Personal Wealth Solutions for Global Wealth & Investment Management at Bank of America Merrill Lynch. Lorna is responsible for institutional and personal retirement and preferred segment solutions across Merrill Lynch Wealth Management, Merrill Edge and Bank of America. Her responsibilities include individual retirement, integrated benefits, as well as retirement income solutions and overall retirement education, planning, sales and product innovation. This covers annuity and life insurance product management, as well as trust sales.
Prior to this role, Lorna served as Head of Managed Solutions where she led the discretionary and non-discretionary fee-based investment platforms, the global mutual fund and ETF offerings across all channels, and relationship management with third-party investment partners. In addition, she drove the creation and implementation of Merrill Lynch One, the largest and most successful launch of an investment advisory platform in our firm’s history.
Previous to this position, Lorna was Head of the Client Solutions Group, leading all Investments & Wealth Management and Wealth Structuring specialists and support desks, the Portfolio Strategies Desk, Annuity and Life Insurance Product management, in addition to the management of investment partner and insurance carrier relationships.
Before joining the Client Solutions Group, Lorna was Head of Sales and Marketing for Merrill Lynch Trust Company (now part of U.S. Trust), and from 2002 to 2006, she served as National Sales Manager for Merrill Lynch Investment Managers. She began her career at the company as a specialist for nearly eight years in two divisions, New York and New England, across three different disciplines.
Lorna earned a Bachelor of Science degree in Business Administration from Boston University. In 2013, she was named to the “10 to Watch” list by REP. Magazine. She CoChairs the firm’s Global Diversity & Inclusion Council, serves as the Market Sponsor for the Knoxville market, and is the Executive Sponsor of the company’s Diverse Leader Sponsorship Program. Previously, she served as Chair for the Money Management Institute’s Board of Governors.