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Coyle, Schmitt & Beaudoin Wealth Management Group

Private Wealth Advisors
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Your life is about more than investments. It’s about your business, your family and your legacy across generations. We work with a limited number of individuals and families, offering highly personalized, boutique-like services and goals-based wealth management strategies for your financial life.

Meet the Team

The private wealth advisors with Merrill Private Wealth Management are rigorously trained to help meet your specialized needs with relationships based on trust and personalized service.

Patrick J Coyle

Patrick J Coyle,

Senior Vice President

Private Wealth Manager

312.706.2929
John W Schmitt

John W Schmitt,

Managing Director

Private Wealth Manager

312.706.2930
Jean  Beaudoin

Jean Beaudoin,

Senior Vice President

Wealth Management Advisor

312.696.7519
Michael  Schodrof

Michael Schodrof

Senior Vice President

Private Wealth Manager

312.706.2935
Jillian L Godoy

Jillian L Godoy,

Private Wealth Relationship Manager

312.706.2932
Ivy R Leggero

Ivy R Leggero

Senior Private Wealth Associate

312.706.2933
NIKOLA  FILIPAC

NIKOLA FILIPAC,

Private Wealth Management Specialist

312.706.2934
Anthony  DuBose

Anthony DuBose,

Registered Client Associate

312.696.7669

Solutions designed to help you achieve your goals

As a client of Merrill Private Wealth Management, 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

Our Philosophy

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.

Welcome

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As Merrill Advisors, one of our goals is to be the very best in our field by assisting families, individuals, and business owners in the development of long-term financial strategies.

The focus of our team is to aid our clients in managing their financial affairs through personalized planning and strategic wealth management. Our clients can expect a comprehensive wealth management approach that is based on their current needs, future objectives and risk tolerance. We utilize the full spectrum of investment strategies available through Merrill’s preeminent array of products, services and strategies to assist our clients in achieving their goals.

Our primary objective is to become a lifetime and essential resource to those who have entrusted us with their financial well-being.

Who We Are

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Coyle, Schmitt, Beaudoin Wealth Management Group is a wealth management team headquartered in Chicago, IL.  We provide customized advice and guidance to a select group of uniquely successful individuals and families across the country.

A six-person team with multiple professional accreditations and decades of experience, we draw upon our many strengths to provide our clients with a deeply personal approach to wealth management. Our mission is to deliver the depth, sophistication and strength of one of the world's largest financial institutions in a relevant and intimate manner.

Company Founders, Private Business Owners & Entrepreneurs

When you have built your own business, your personal finances and the life of your company are closely intertwined. You may be thinking about how to invest in your company’s growth while also deciding how best to use your personal assets. Helping ensure the future of your business likely involves employee benefits, retirement plans and succession planning. Helping secure your family’s legacy could entail wealth transfer strategies, trusts and philanthropy. Whatever your specific needs, we at Merrill Private Wealth Management can help entrepreneurs and business owners balance their personal financial lives with their life’s work. We are dedicated in providing the experience and resources to help support your ongoing success.

Corporate Executives

We understand the complexities that come with your executive position and the extreme demands on your time. We can help you develop a customized strategy that your finances and compensation require. We can help with risk management strategies for your concentrated stock position while navigating complex SEC rules, trading restrictions and reporting requirements. If you’ve just been promoted and would like help evaluating your new compensation plan, or if you’re looking to develop a long-term financial strategy for you and your family — designed to enable you to live life as you want it, with reliable access to cash — we can help simplify your financial life, as well as develop new strategies as your career and goals evolve.

Intergenerational Family Wealth

As a family that spans multiple generations, you have needs that go beyond protecting and preserving assets, tax minimization strategies and designating heirs. Your goals also likely include passing on values and helping the next generation become effective stewards. We can help with personalized wealth transfer strategies, family wealth education and developing and implementing philanthropic visions. In working with you to create an approach that reflects your family’s intentions and helps ensure your assets are distributed according to your wishes, we proceed in a manner that recognizes the complexities of your life challenges and the unique nature of your goals. Our extensive experience working with other families of significant wealth helps  us to see and share best practices to help you achieve them.

Private Equity and Hedge Fund Principals

Your investment expertise as a hedge fund or private equity principal has likely resulted in substantial personal success. We have experience working with a select group of individuals in your industry. Drawing on our extensive capabilities and the broad resources of a global institution, we work to help you coordinate and manage your finances with the aim of simplifying the complexities of your financial life, including wealth transfer advice and guidance from Merrill and access to the banking convenience of Bank of America for your banking, lending and trust needs. We also provide access to Bank of America for your working capital needs in support of the day-to-day needs of your business.

Women

As a woman, you are well aware of how inaccurate stereotypes about gender and money can be. Beyond some specific challenges — for example, planning for the statistical probability of outliving a spouse — managing your finances means avoiding preconceived assumptions while gaining a full understanding of who you are as an investor and what you want to achieve for your career, your family and your legacy. Merrill Private Wealth Management works with a select group of wealthy individuals and families to help them pursue the goals that matter most to them. We strive to get to know our clients on a personal level so we can offer boutique-like services and the resources of a global firm to create financial strategies specifically for their life and needs.

Foundations and Endowments

An investment portfolio tailored to your needs is crucial to advancing your organization’s mission and carrying on its important work. We have extensive experience working with endowments and foundations and have a keen understanding of the requirements and responsibilities of board and committee members for investment management and financial oversight. The portfolios we construct are carefully designed to promote stability, efficiency and growth, and to perform effectively under a variety of market conditions. We also offer advice on board governance and reporting, and help in meeting regulatory and operating challenges. We provide access to the customized services your organization needs with discretion and skill.

Family Offices

 As private wealth advisors with Merrill Private Wealth Management, we work with prominent families to help them manage the ongoing complexities they face. Our deep experience with family offices enables us to tailor a range of services to help meet your specific needs. We can provide access to Merrill for investment and wealth management, and to Bank of America for governance, asset custody and administration, as well as assisting in the financial education of younger family members. In working with you to create and implement plans reflecting your specific intentions, our goal is to help your family enterprise succeed, and that your knowledge and values are passed along to the next generation. Together, we will focus on strategies that recognize the unique nature of your family’s mission, history and goals.

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.

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While your wealth is important to you, we also understand that the longevity and security it provides for your family are equally important, if not more so. With 70% of families’ wealth being lost within the second generation and 90% by the third, we know that the transmission of values between generations is just as important as the passing down of wealth itself. This is why we work closely with families to help ensure a collective understanding of both the goals and the strategies designed as a means of providing stability to your wealth for generations to come. Unique resources like the Center for Family Wealth Dynamics and Governance® at Merrill help our team deliver invaluable support and counsel to the families we serve.

The mission for the Center for Family Wealth Dynamics and Governance® at Merrill is to empower families to define the purpose of their wealth and to be intentional about wealth's impact on themselves, their families and their communities.  Along with our colleagues in the Center for Family Wealth Dynamics and Governance®, our team works collaboratively with family members to identify effective practices resulting in meaningful outcomes. Through Written Thought Leadership, Educational Events and Family Meetings and Retreats, this talented group of professionals is an invaluable resourse to us and the families we work with.


Let's have a conversation

Your dedicated Merrill Private Wealth Management team is ready to help you pursue what’s most important to you.

Our Vision

For clients of substantial means, Merrill Private Wealth Management provides an experience that is both powerful and personal. We are dedicated to helping you pursue your goals for today while developing an approach designed to support your family members for the years to come.

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.

Boutique-like service with the access to the investment resources of Merrill 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 financial strategies tailored to your unique situation.

A relentless commitment to transparency and customized strategies

As our client, know we are working in your best interests, providing goals-based financial strategies designed to anticipate and help meet your evolving financial needs.

Coyle, Schmitt & Beaudoin Wealth Management Group

Private Wealth Advisors