A Commitment to Service
Merrill Lynch’s Private Banking and Investment Group is committed to providing a select group of wealthy clients with highly personalized one-on-one service. When you work with us, our knowledgeable, rigorously trained Private Wealth Advisors will gain a deep understanding of your goals, help you develop a multigenerational wealth strategy, help you monitor its success and update your strategy as needed. We are committed to providing you access to the investment insights of Merrill Lynch and the banking convenience of Bank of America, and we will continue to invest in client tools and new technology to enhance your overall experience as you and your private wealth advisor pursue what’s most important to you.
We believe that your unique goals should be at the center of all of your financial decisions and form the foundation of your financial strategy. Because significant wealth requires sophisticated, highly customized strategies, we believe in building lasting relationships with a limited number of clients, taking the time to understand your most important priorities for today, tomorrow and your long-term future. Our philosophy celebrates collaboration. Working with a team of specialists, we draw on the resources and insights of a global financial institution to create strategies that reflect your aspirations for yourself and current and future generations of your family. Finally, we believe that while significant wealth brings complex challenges, our experience, passion and perspectives can help you simplify your life.
Headquartered in San Francisco, we are a wealth management team that provides services and strategies to high-net-worth and ultra-high-net-worth clients. We are privileged to work with successful people who are innovators and strategic thinkers. We take a similarly innovative and strategic approach to wealth management. We insist on aligning our perspective with that of the clients we serve. We avoid group think, seeking to uncover thoughtful approaches to the opportunities and challenges that significant wealth can pose. We emphasize cost containment, particularly relative to taxes and fees, and we avoid proprietary investment products. We have developed long-term relationships with the clients we serve, testifying to our emphasis on the primacy of client satisfaction.
The Tenets of Our Investment ApproachWe focus on four key aspects of investment management: (1) Asset allocation; (2) Portfolio rebalancing; (3) Manager selection; and (4) Cost containment. These tenets are not flashy, but they are effective. We bring a straight-talk approach to the markets, eschewing fads for tried-and-true principles. We move beyond traditional portfolio analyses of net worth, focusing instead on “net keep” – what a client retains after taxes and fees. Our cost-sensitive emphasis advances a client’s interests, providing more accurate barometers of returns. Our team is particularly adept in investment management, with decades of experience in fixed income, equities, and alternative investments*. We have refined our strategy over numerous market cycles and varied environments; we offer judgment, maturity, and the wisdom of humility.
*Some or all alternative investments may not be suitable for certain investors. Certain alternative investments carry significant risk and are not subject to the same regulatory oversight as mutual funds and other traditional investments. For these reasons, access to alternative investments may be limited to investors who are designated as sophisticated, high-net-worth investors.
The Clients We Serve
We work with a number of senior executives, entrepreneurs, business owners, family offices, and individual families who encounter critical junctures in their financial lives. The clients who retain us have already amassed their wealth. They look to us for in-depth knowledge of wealth preservation and wealth transfer. Many clients anticipate—or have experienced—liquidity events. In assisting these clients, we provide guidance informed by experience. As members of the Private Banking and Investment Group at Merrill Lynch, we do not dabble in high-net-worth issues; we exclusively cater to time-sensitive needs of affluent clients. We know first- hand the value of strategic planning, particularly relative to liquidity events and their tax, investment, and philanthropic implications. We emphasize the importance of planning now, in order to enjoy more wealth later. Throughout client engagements, we work closely with clients’ external tax and legal advisors, spearheading cohesive strategies that encompass the many moving parts of significant wealth.