W. Frank Williams, III is a Senior Vice President and serves as Market Manager with Bank of America Merrill Lynch for the Washington, DC and Baltimore metropolitan area markets. As the regional leader for the Healthcare, Education and Not-for-Profit Group, he manages a team of relationship managers who handle the banking relationships for a large portfolio of nationally recognized not-for-profits organizations, including MedStar, National Geographic, Smithsonian, The Nature Conservancy and Howard University, American Association of American Medical Colleges, and C-SPAN. In addition, he is responsible for business strategy and expansion of new business, coupled with ensuring the viability of existing client relationships. Mr. Williams is also responsible for the coordination with other lines of business within the Bank of America Merrill Lynch enterprise that intersect with the not-for-profit community on a local and national basis.
Prior to accepting his current position at Bank of America Merrill Lynch, Mr. Williams was a Vice President in the Public Finance Group of BB&T Capital Markets in Richmond, Virginia and Washington, DC for four and a half years. As an investment banker, Mr. Williams concentrated in the origination and structuring of fixed and variable rate tax-exempt bond transactions for governmental entities, along with health care and higher education institutions.
Prior to joining BB&T Capital Markets, Mr. Williams served an Associate Director at Standard & Poor’s Ratings Group in New York City for five years. Mr. Williams analyzed and rated bonds/ lease transactions from across the country, focusing on the Mid-Atlantic Region. He served as primary analyst to numerous states, cities, towns, and counties. Additionally, his duties included serving as national co-leader of the short-term debt sector (i.e. BANS, RANs, TANs, and commercial paper).
Mr. Williams was elected to Phi Beta Kappa and graduated magna cum laude from Howard University with a Bachelor of Arts in Political Science. Upon graduation from Howard, he matriculated and received his master's degree in Public Administration from The Maxwell School of Citizenship and Public Affairs at Syracuse University. Mr. Williams has served on the boards of Emmaus Services for the Aging, DC Coalition for the Homeless and StepAfrika! Additionally, he is a member of the 25th anniversary class of Leadership Greater Washington (2011). Currently, he is a mayoral appointee for the District of Columbia Charter School Financing Board and the DC Coalition for the Homeless Advisory Board. Mr. Williams was born and raised in the Washington, DC metropolitan area. Mr. Williams and his family reside in Washington, DC.