The Bhatia Group

Private Wealth Advisors
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We provide highly customized services supported by the broad capabilities of a global institution. Working with a limited number of wealthy clients, we are able to offer you and your family personalized attention for all aspects of your financial life, now and for future family members.

Meet the Team

The private wealth advisors with Merrill Lynch’s Private Banking and Investment Group are rigorously trained to meet the specialized needs of individuals and families of wealth. We build relationships based on trust and personalized service.

Raj  Bhatia

Raj Bhatia,

Managing Director

Private Wealth Advisor

312.325.2676
Shen  Li

Shen Li,

Vice President

Private Wealth Relationship Manager

312.325.2763
Peter T Marchese

Peter T Marchese,

Vice President

Private Wealth Relationship Manager

312.325.2736
Marcia L Schmitt

Marcia L Schmitt

Senior Private Wealth Associate

312.325.2691
Peter T O'Malley

Peter T O'Malley

Registered Private Wealth Associate

312.325.2791
Matthew R Gebert

Matthew R Gebert,

Registered Private Wealth Associate

312.325.2657
TEJ  AHLUWALIA

TEJ AHLUWALIA

Analyst

312.325.2723

Strategies designed to help you achieve your goals

As a client of the Private Banking and Investment Group at Merrill Lynch, you have access to services and resources ordinarily reserved for the world’s largest institutions. We work with individuals, families spanning multiple generations, business owners and executives. Using a goals-based wealth management approach, we put our clients at the center of every personalized strategy.

Our Approach

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The Bhatia Group is a Private Banking & Investment Group team based in Chicago serving highly affluent private as well as institutional clients. We serve clients with a minimum of $10 million in investable assets.

Raj Bhatia the founding partner of The Bhatia Group has received a number of national accolades as a financial advisor:

  • 2018 Forbes “Best-in-State Wealth Advisors” list
  • Forbes "America’s Top 250 Wealth Advisors" for 2017
  • America's "Top 100 Financial Advisors" by Barron's magazine in 2009 and 2017
  • America’s "Top 1,200 Advisors" by Barron's magazine from 2009 to 2017
  • "Top 400 Financial Advisors" by Financial Times from 2014 to 2017


*Source: Barron's "America's Top 100 Advisors" list, April 17, 2017. Advisors considered for the "America's Top 100 Financial Advisors" list ranking have a minimum of seven years financial services experience and have been employed at their current firm for at least one year. Quantitative and qualitative measures used to determine the Advisor rankings include: client assets, return on assets, client satisfaction/retention, compliance records, and community involvement, among others. Barron's does not receive compensation from Advisors, participating firms and their affiliates, or the media in exchange for rankings. Barron's is a trademark of Dow Jones & Company, Inc. All rights reserved.

*Source: Barron's "America's Top 1,200 Financial Advisors: State-by-State" list, March 6, 2017.  For more information about the selection criteria, go to http://details-he.re/JxcfBM. Barron's is a trademark of Dow Jones & Company, Inc. All rights reserved. Years prior to 2014, this Barron's list consisted of 1,000 advisors.

*Source: The Financial Times Top 400 Financial Advisors (FT 400) is an independent listing produced by the Financial Times (March, 2017). For more information about the selection criteria, go to http://details-he.re/fWZZLQ.

*Source: Forbes "America's Top 250 Wealth Advisors" list, September 2017. For more information about the selection criteria, go to http://details-he.re/Kp7gMH. Forbes is a trademark of Forbes Media LLC. All rights reserved.

*Source: Forbes "Best-in-State Wealth Advisors" list, February 2018. For more information about the selection criteria, go to http://details-he.re/UbRCGT. Forbes is a trademark of Forbes Media LLC. All rights reserved.

*The ranking or ratings shown here may not be representative of all client experiences because they reflect an average or sampling of the client experiences. These rankings or ratings are not indicative of any future performance or investment outcome. 

Our team focuses on providing private wealth services to entrepreneurs, business owners, corporate executives and their families. A particular strength is our experience in helping numerous families navigate a path from a concentrated stock or wealth position to a diversified and well managed portfolio that prioritizes financial security.

We have extensive experience in these key financial disciplines and practices:
  • Portfolio management
  • Third party investment management consulting
  • Concentrated stock risk management
  • Customized market linked investments
  • Lending services through Bank of America, N.A.
  • Philanthropic giving
  • Retirement planning
  • Alternative investment strategies
  • Wealth transfer and structuring strategies
  • Access to Merrill Lynch thought leadership and exclusive conferences







*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.

As one of a select number of accredited Global Institutional Consulting Group teams at Merrill Lynch we focus on serving the needs of midsized nonprofit institutions and associations. We provide these clients with the extensive knowledge of The Bhatia Group in conjunction with Merrill Lynch’s significant strengths in investment advisory services.

Our institutional offerings through the Global Institutional Consulting Group include the following strategies and services:
  • Investment policy services
  • Strategic asset allocation
  • Manager searches and oversight
  • Performance measurement
  • Custody of assets
  • Investment advice and guidance





*Global Institutional Consulting (“GIC”) is part of the Global Wealth and Retirement Solutions business of BofA Corp. Institutional Investments & Philanthropic Solutions (Philanthropic Solutions) is part of U.S. Trust, Bank of America Corporation (“U.S. Trust”). U.S. Trust operates through Bank of America, N.A., member FDIC, and other subsidiaries of BofA Corp. For both GIC and Philanthropic Solutions, banking and fiduciary activities are performed by wholly owned banking affiliates of BofA Corp, including Bank of America, N.A. Both brokerage and investment advisory services are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”), a registered broker-dealer, Member Securities Investor Protection Corporation (SIPC), and registered investment adviser; the nature and degree of advice and assistance provided, the fees charged, and clients’ rights and MLPF&S’s obligations will differ depending upon the products and services actually provided. Global Institutional Consultants mentioned herein are registered representatives with MLPF&S and may assist you with investment products and services.

The Bhatia Group Difference

The Bhatia Group offers professional investment advice and guidance, and a full suite of supportive services to investment committees and boards of endowments, foundations and family offices. We go beyond delivering performance reports and conducting manager searches. We listen to you so that we can truly understand your needs. Clients rely upon our insights and guidance, and we take the time to educate them on markets, trends and the best practices of their peers.


Client Focus | We are a cohesive group that works diligently to understand the needs of your organization and to develop custom investment strategies that address those needs. The clients we serve are truly the driving force behind all that we do.

Passion and Commitment | We are passionate about serving you and your institution. While we deliver the capabilities of a global financial services firm, we customize advice and guidance to address the goals of your organization, the risk dimensions of your oversight committees, and your pressing priorities.

Thought Leadership | We are seasoned investment professionals, so you can expect knowledgeable investment advice and guidance. But we are also experienced in supporting clients in the areas of regulatory awareness, governance issues and donor development. We are your window to "best practices" in your institution's sphere.

We Care | Many of the clients we serve are committed to helping others, and we derive immense satisfaction from helping people who oversee organizations dedicated to bettering the lives of others.

We are Results Oriented | We measure our success by yours. We strive to support the investment stewards of institutional clients as they pursue their financial objectives.


"Our commitment to each institution is to be accessible, responsive and intellectually engaging. We believe that the value of our professional experience and our advice and guidance is immeasurable."

– Raj Bhatia, CIMA®
MANAGING DIRECTOR
PRIVATE WEALTH ADVISOR
GLOBAL INSTITUTIONAL CONSULTANT
SENIOR PORTFOLIO MANAGER


Global Institutional Consulting

Global Institutional Consulting is one of the top investment consulting providers in the United States. It puts the resources and intellectual capital of Bank of America Merrill Lynch to work for its clients by delivering objective advice and sophisticated investment solutions through focused, client-centric consulting teams. Global Institutional Consulting's highly experienced advisors help a diverse group of institutional clients address today's complex investment challenges through an integrated, goals-based investment process that enables organizations to redefine success, manage risk and fulfill their missions.

Merrill Lynch Wealth Management

Merrill Lynch offers a broad range of brokerage, investment advisory and other services, including insurance and investment analytics. Our advisors are available to work closely with the clients' other trusted advisors, including accountants and attorneys. We can provide access to trust and philanthropic planning services through Bank of America specialists.






*Global Institutional Consulting (“GIC”) is part of the Global Wealth and Retirement Solutions business of BofA Corp. Institutional Investments & Philanthropic Solutions (Philanthropic Solutions) is part of U.S. Trust, Bank of America Corporation (“U.S. Trust”). U.S. Trust operates through Bank of America, N.A., member FDIC, and other subsidiaries of BofA Corp. For both GIC and Philanthropic Solutions, banking and fiduciary activities are performed by wholly owned banking affiliates of BofA Corp, including Bank of America, N.A. Both brokerage and investment advisory services are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”), a registered broker-dealer, Member Securities Investor Protection Corporation (SIPC), and registered investment adviser; the nature and degree of advice and assistance provided, the fees charged, and clients’ rights and MLPF&S’s obligations will differ depending upon the products and services actually provided. Global Institutional Consultants mentioned herein are registered representatives with MLPF&S and may assist you with investment products and services.

What We Do

We offer investment advice and guidance to help trustees and investment committee members manage institutional investment programs. The breadth of our services:
  • Investment policy review—Working closely with you, we can assist you in creating guidelines to help ensure that your policy is clear, sustainable and supportive of your mission.
  • Asset allocation—We believe a diversified asset allocation strategy can help you to pursue your investment objectives while staying within the risk parameters of your investment policy. In addition, we regularly update you on economic and market conditions to guide you in making short-term tactical adjustments while maintaining your longer-term strategic allocation.
  • Evaluating and selecting independent investment options—We are agnostic about investment strategies. We consider both active and passive investments and believe that optimal strategies often include both. Merrill Lynch's Investment Management and Guidance group performs rigorous due diligence on third-party investment products, services and investment managers from around the world.
  • Performance monitoring and reporting—Measuring results is critical to pursuing your investment strategy. We monitor your portfolio and manager performance relative to your established benchmarks.
  • Philanthropic services—Investment results are just one factor in growing an endowment. Our philanthropic consultants can work with nonprofit staffs and investment committees in order to improve donor development efforts. Our annual study of ultra-high-net-worth philanthropy offers valuable insights about the mindset and plans of potential donors.
  • Spending policy analysis—Spending policies require a delicate balance between the need to fund programs and preserving assets for the future. We can assist with an analysis of your existing spending policy, including probabilistic simulations.
  • Retirement services—Defined benefit plan sponsors are responsible for managing both plan assets and plan liabilities. In addition to providing investment, recordkeeping and pension payment services, we can assist plan sponsors with developing strategies intended to minimize risk, such as liability-driven investing. We can also introduce clients to Merrill Lynch institutional services for defined contribution plans, equity compensation/stock option plans, and non-qualified deferred compensation plans.

What Differentiates a Bank of America Merrill Lynch Global Institutional Consultant?
  • Experienced critical thinkers with a thorough understanding of the institutional markets and the complex needs of institutions.
  • Global Institutional Consultants are qualified through a rigorous selection process and stay current with today's institutional needs and services through ongoing education and training.



*Global Institutional Consulting (“GIC”) is part of the Global Wealth and Retirement Solutions business of BofA Corp. Institutional Investments & Philanthropic Solutions (Philanthropic Solutions) is part of U.S. Trust, Bank of America Corporation (“U.S. Trust”). U.S. Trust operates through Bank of America, N.A., member FDIC, and other subsidiaries of BofA Corp. For both GIC and Philanthropic Solutions, banking and fiduciary activities are performed by wholly owned banking affiliates of BofA Corp, including Bank of America, N.A. Both brokerage and investment advisory services are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”), a registered broker-dealer, Member Securities Investor Protection Corporation (SIPC), and registered investment adviser; the nature and degree of advice and assistance provided, the fees charged, and clients’ rights and MLPF&S’s obligations will differ depending upon the products and services actually provided. Global Institutional Consultants mentioned herein are registered representatives with MLPF&S and may assist you with investment products and services.

Why Hire Us

Many financial firms offer institutional consulting capabilities. So why should you consider The Bhatia Group? We believe that if you understand what drives us and why we do what we do, you will have the answer.
  • We guide. Investing is often a collaborative process and we facilitate that process with our clients. We synthesize the key issues facing your organization in order to support you in timely and effective decision making.
  • We work for you. You can leverage our team's experience and our Firm's resources, so that you can focus on pursuing your objectives and fulfilling your mission.
  • We listen. Effective communication requires listening, and we find that being good listeners is repaid by the trust and confidence you place in us. We work hard to be your first call when you seek advice and guidance, or informed opinion.
  • We learn. Lifelong learning is a hallmark of our team. Several of our team members hold several advanced degrees and investment credentials. We constantly seek to improve our understanding of markets and the issues that our clients face. We read, attend conferences and seek the insights of leading professionals to better serve our clients.


"Our entire team sits at a large, centralized service desk to pool our complementary skills and experiences. We share ideas, insights, market information and important research. It's the foundation to a collective wisdom that we bring to every consulting engagement."

– Raj Bhatia, CIMA®
MANAGING DIRECTOR
PRIVATE WEALTH ADVISOR
GLOBAL INSTITUTIONAL CONSULTANT
SENIOR PORTFOLIO MANAGER



Global Institutional Consulting (“GIC”) is part of the Global Wealth and Retirement Solutions business of BofA Corp. Institutional Investments & Philanthropic Solutions (Philanthropic Solutions) is part of U.S. Trust, Bank of America Corporation (“U.S. Trust”). U.S. Trust operates through Bank of America, N.A., member FDIC, and other subsidiaries of BofA Corp. For both GIC and Philanthropic Solutions, banking and fiduciary activities are performed by wholly owned banking affiliates of BofA Corp, including Bank of America, N.A. Both brokerage and investment advisory services are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”), a registered broker-dealer, Member Securities Investor Protection Corporation (SIPC), and registered investment adviser; the nature and degree of advice and assistance provided, the fees charged, and clients’ rights and MLPF&S’s obligations will differ depending upon the products and services actually provided. Global Institutional Consultants mentioned herein are registered representatives with MLPF&S and may assist you with investment products and services.






About GIC

Global Institutional Consulting at Bank of America Merrill Lynch draws upon a powerhouse of sophisticated investment consulting capabilities, resident in a firm rich with global financial solutions and capabilities. Our rigorously trained Global Institutional Consultants subscribe to a philosophy that reaches beyond the investments and is designed to help organizations ultimately redefine success, manage risk and focus on the real goal—the ability to fulfill their mission.

Global Institutional Consulting provides a full suite of investment solutions including portfolio strategies, investment consulting services, retirement solutions and institutional philanthropic management to more than 2,000 clients, ranging from family offices to nonprofit organizations to retirement systems.

The Power of the Right Organization Drawing on the global expertise and singular focus, Global Institutional Consulting at the firm dates back 40 years which makes us one of the country's largest and oldest institutional consulting firms. You can count on thoughtful, independent and research-driven advice delivered with your interest at its core.

We draw upon the full resources of the Investment Management and Guidance (IMG) group, which includes professionals that drive investment consulting research. Our research efforts are also supported by BofA Merrill Lynch Global Research, which has been ranked as the # 1 Top Global Research Firm by Institutional Investor.*

We also leverage Merrill Lynch's Alternative Investments Group, which has one of the largest and longest standing alternative investment capabilities in the industry. With over 100 professionals in several offices around the globe, the group provides clients with sourcing, due diligence, selection, implementation and monitoring.

The Power of the Right Consultant Understanding the enduring value of a relationship based on trust, we are dedicated to ing the needs of institutional clients and providing them with guidance to help navigate the complex institutional market while addressing their financial objectives and goals. We bring a coordinated team of consulting professionals with deep backgrounds in finance and investments.

The Power of the Right Approach Mobilizing all that Bank of America Merrill Lynch can do for you, our institutional consultants offer an innovative, robust, and customized suite of investment solutions and strategies for institutional clients—capitalizing on our global scale to stay abreast of changing market conditions. The result is a dynamic investment portfolio that is timely and timeless—reflective of the daily conditions of the marketplace, yet grounded in sound market fundamentals. We have been leaders in advocating open architecture investment solutions for institutions, solutions that are rooted in deep analysis and the extensive resources of a global firm. We provide institutional investors with innovative strategies tailored to their distinct financial goals.

Capabilities Platform

1. Strategic planning and the development of effective investment governance structures
2. Spending policy analysis
3. Asset / liability modeling
4. Investment Policy Statement (IPS) development or refinement
5. Investment strategy implementation
  • Strategic asset allocation studies, including alternative asset classes
  • Portfolio construction
  • Investment manager search / selection
  • Due diligence, both quantitative and qualitative
  • Performance monitoring
  • Manager performance analysis, attribution analysis
  • Portfolio risk studies and market risk evaluations
  • Presentations and briefings to oversight committees
6. Board and committee education
  • Global investments and markets
  • Best practices
7. BofA Merrill Lynch Global Research, as well as third-party research
8. Donor development and fund-raising
9. Support requests from auditors and examiners
10. Trust and custody arrangements




*Global Institutional Consulting (“GIC”) is part of the Global Wealth and Retirement Solutions business of BofA Corp. Institutional Investments & Philanthropic Solutions (Philanthropic Solutions) is part of U.S. Trust, Bank of America Corporation (“U.S. Trust”). U.S. Trust operates through Bank of America, N.A., member FDIC, and other subsidiaries of BofA Corp. For both GIC and Philanthropic Solutions, banking and fiduciary activities are performed by wholly owned banking affiliates of BofA Corp, including Bank of America, N.A. Both brokerage and investment advisory services are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”), a registered broker-dealer, Member Securities Investor Protection Corporation (SIPC), and registered investment adviser; the nature and degree of advice and assistance provided, the fees charged, and clients’ rights and MLPF&S’s obligations will differ depending upon the products and services actually provided. Global Institutional Consultants mentioned herein are registered representatives with MLPF&S and may assist you with investment products and services.
*Any information presented in connection with BofA Merrill Lynch Global Research is general in nature and is not intended to provide personal investment advice. The information does not take into account the specific investment objectives, financial situation and particular needs of any specific person who may receive it. Investors should understand that statements regarding future prospects may not be realized.  BofA Merrill Lynch Global Research is equity research produced by Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or one or more of its non-U.S. affiliates. BofA Merrill Lynch Global Research does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision.
*For the sixth year running and since the recognition's inception, Bank of America Merrill Lynch was named Institutional Investor magazine's "Top Global Research Firm of 2016." This was achieved by BofA Merrill Lynch Global Research winning 242 total team positions — more than any other firm — in the 12 Institutional Investor research team surveys published this year. Institutional Investor magazine announced BofA Merrill Lynch Global Research as the Top Global Research Firm for 2011, 2012, 2013, 2014, 2015, and 2016 based on surveys held throughout the year. The magazine creates rankings of the top research analysts in a wide variety of specializations, drawn from the choices of portfolio managers and other investment professionals at more than 1,000 firms. For more information about this award, go to http://www.iim.ag/topfirms.
*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.


Global Resources

Investing in an increasingly interconnected world requires deep global research capabilities. Institutional clients require both macroeconomic perspectives, as well as robust investment manager research to implement both short- and long-term strategic goals and tactical portfolio adjustments.

Global Institutional Consultants draw upon the intellectual capital, robust due diligence and world-class research capabilities of BofA Merrill Lynch Global Research*.

Manager Selection and Due Diligence

Due diligence is rooted in the Merrill Lynch culture and history. Merrill Lynch's Investment Management and Guidance (IMG) team is chiefly responsible for due diligence reviews, portfolio construction strategies, ongoing performance measurement and diagnostic analysis. This team is designed to help institutional clients select the best possible asset managers and related portfolio services. The due diligence analysts work in teams defined by asset class and investment style and use an eight-factor quantitative and qualitative model to conduct rigorous reviews.

Investment Research

BofA Merrill Lynch Global Research is a renowned, highly respected organization focusing on three main disciplines:

  • Global Macro Research offers in-depth analysis of critical global issues and provides economic insights for more than 60 economies, addressing economics, currencies, commodities, interest rates, derivatives and equities.
  • Global Credit Research encompasses high-grade fixed income securities, high-yield debt, credit derivatives, mortgages and structured finance, convertible debt, municipal bonds and indexes.
  • Global Equity Research analysts conduct fundamental analysis on companies globally, providing institutional and retail clients with industry-specific and in-depth research and analysis.

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*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.
*Global Institutional Consulting (“GIC”) is part of the Global Wealth and Retirement Solutions business of BofA Corp. Institutional Investments & Philanthropic Solutions (Philanthropic Solutions) is part of U.S. Trust, Bank of America Corporation (“U.S. Trust”). U.S. Trust operates through Bank of America, N.A., member FDIC, and other subsidiaries of BofA Corp. For both GIC and Philanthropic Solutions, banking and fiduciary activities are performed by wholly owned banking affiliates of BofA Corp, including Bank of America, N.A. Both brokerage and investment advisory services are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”), a registered broker-dealer, Member Securities Investor Protection Corporation (SIPC), and registered investment adviser; the nature and degree of advice and assistance provided, the fees charged, and clients’ rights and MLPF&S’s obligations will differ depending upon the products and services actually provided. Global Institutional Consultants mentioned herein are registered representatives with MLPF&S and may assist you with investment products and services.
*Any information presented in connection with BofA Merrill Lynch Global Research is general in nature and is not intended to provide personal investment advice. The information does not take into account the specific investment objectives, financial situation and particular needs of any specific person who may receive it. Investors should understand that statements regarding future prospects may not be realized.  BofA Merrill Lynch Global Research is equity research produced by Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or one or more of its non-U.S. affiliates. BofA Merrill Lynch Global Research does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision.

Global Institutional Consulting Investment Process

Global Institutional Consulting follows a robust and disciplined investment process, allowing Global Institutional Consultants to respond to the changing needs and objectives of institutional clients, providing a higher probability of achieving long-term investment goals.

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"We are interested, professionally and intellectually, in the theories of portfolio management. An Investment Policy Statement has to be crafted with great care and diligence and should clearly layout the investment guidelines for the institution."

– Raj Bhatia, CIMA®
MANAGING DIRECTOR
PRIVATE WEALTH ADVISOR
GLOBAL INSTITUTIONAL CONSULTANT
SENIOR PORTFOLIO MANAGER



*Any information presented in connection with BofA Merrill Lynch Global Research is general in nature and is not intended to provide personal investment advice. The information does not take into account the specific investment objectives, financial situation and particular needs of any specific person who may receive it. Investors should understand that statements regarding future prospects may not be realized.  BofA Merrill Lynch Global Research is equity research produced by Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or one or more of its non-U.S. affiliates. BofA Merrill Lynch Global Research does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision.
*Global Institutional Consulting (“GIC”) is part of the Global Wealth and Retirement Solutions business of BofA Corp. Institutional Investments & Philanthropic Solutions (Philanthropic Solutions) is part of U.S. Trust, Bank of America Corporation (“U.S. Trust”). U.S. Trust operates through Bank of America, N.A., member FDIC, and other subsidiaries of BofA Corp. For both GIC and Philanthropic Solutions, banking and fiduciary activities are performed by wholly owned banking affiliates of BofA Corp, including Bank of America, N.A. Both brokerage and investment advisory services are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”), a registered broker-dealer, Member Securities Investor Protection Corporation (SIPC), and registered investment adviser; the nature and degree of advice and assistance provided, the fees charged, and clients’ rights and MLPF&S’s obligations will differ depending upon the products and services actually provided. Global Institutional Consultants mentioned herein are registered representatives with MLPF&S and may assist you with investment products and services.

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.

Our Philosophy

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.

Let's have a conversation.

Your dedicated Private Banking and Investment Group team is ready to help you pursue what's most important to you.

Our Vision

For clients of substantial wealth, Merrill Lynch’s Private Banking and Investment Group provides an experience that is both powerful and personal. We are dedicated to helping you pursue your goals for today while developing a wealth strategy designed to support your family members for the years to come.

A trusted one-on-one relationship
Your private wealth advisor and team of specialists work with a limited number of clients, enabling them to focus their time, training and passion on helping you simplify your personal and business finances and prepare your next generation as stewards of wealth.

Boutique-like service with the access to the investment resources of Merrill Lynch and banking convenience of Bank of America

We combine the personalized attention and feel of a smaller firm with the power and insights of a global financial institution, creating strategies tailored to your unique situation.

A relentless commitment to transparency and customized strategies

As our client, know that we are working in your best interests, providing sophisticated strategies designed to anticipate and meet your evolving financial needs.

The Bhatia Group

Private Wealth Advisors