We believe 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 customized goals-based financial 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.
Customized StrategiesA Holistic Dynamic Approach
Cohen & Associates believes that wealth management is about more than investing; it's about fulfilling your financial vision.
We spend a significant amount of time talking with you to gain a full understanding of your life situation, financial resources, liquidity needs, risk tolerance, time horizon, concerns, objectives and priorities. What we learn forms the basis for the investment strategies we propose. We meet with you regularly to stay apprised of significant personal events and material changes to your finances and may suggest revisions to your strategies, if necessary, to keep them aligned with your aspirations and values.
Assistance With the Many Dimensions of Family Wealth
Many client relationships span several generations. Cohen & Associates helps wealthy families manage multi-generational wealth planning, including non-investment family dynamics.
Individualized Risk Analysis
Managing risk is a fundamental aspect of our wealth management approach. Cohen & Associates assesses your personal tolerance for risk and incorporates this into allocation strategies and investment selection.
Extensive Intellectual Capital
A notable strength of Cohen & Associates is our ability to complement and collaborate with your circle of advisors - including accountants, attorneys, business advisors and other professionals - to help integrate the various aspects of your financial life. We can also coordinate with internal Merrill, Bank of America Private Bank, and Bank of America specialists to help with private banking, credit and lending, philanthropic services, and trusts and legacy planning.
Exceptional Services Tailored to Individual Needs
With almost three decades at Merrill, Cohen & Associates understands how to navigate the firm’s extensive resources to address the complex challenges of affluent individuals, families and organizations.
Our team has significant experience in advising corporate executives on how to evaluate complex compensation packages, including option and restricted stock grants and non-qualified deferred compensation. For concentrated stock holdings, we customize strategies to help diversify the portfolio and defend the position against adverse market movements.
We prepare thoughtful and effective strategies designed to address the unique needs of high-net-worth families. Cohen & Associates have extensive knowledge and experience in:
- Family communication and legacy planning
- Educating next generation with important money skills
- Strategies to meet the needs of each generation
- Estate Planning Services, Succession Planning
- Philanthropic Strategies
Philanthropy and Private Family Foundations
We work in concert with Bank of America Private Bank to provide expertise in establishing philanthropic strategies and vehicles to complement your broader wealth management goals.
Family Office Services
We work closely with Merrill Lynch Family Office Services to manage the financial complexities of Ultra-High-Net-Worth families to help ensure smooth intergenerational transfer and centralization of asset management activities:
- Investment management services
- Philanthropic management
- Life management and budgeting
- Risk management and insurance services
- Estate and wealth transfer
- Reporting and record keeping
- Compliance and regulatory assistance
We offer educational programs for Clients to enhance their understanding of global markets as well as philanthropy, legacy planning and family dynamics. In addition, we offer programs specifically designed for the next generation in wealth planning and investment strategy.
*Merrill Lynch Family Office Services are offered through Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”). In connection with its Family Office Services, Merrill is not acting in the capacity as a broker-dealer, nor as a registered investment adviser. Accordingly, through its Family Office Services, Merrill is not offering, and its clients are not paying for, advice with respect to securities, the purchase or sale of securities, or the valuation thereof, nor do Merrill Lynch's Family Office Services encompass financial planning, discretionary account management, or any other securities-related accounts, products or services. Merrill offers a broad array of brokerage and investment advisory accounts, products and services through other parts of its business outside of Family Office Services, which are subject to separate agreements, disclosures, and fee arrangements, and may be procured by applying or enrolling and contracting through those other business channels.
A Commitment to Service
Merrill Private Wealth Management is committed to providing a select group of 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, and help you update your approach as needed. We are committed to providing you access to the investment insights of Merrill and the banking convenience of Bank of America, and Merrill 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.