The Magrone Group

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Our mission is to coordinate, consolidate, and simplify our clients’ financial lives to enable them to focus on what is most significant to them and their family.  We speak in plain language about four key issues: 1) Lifetime; 2) Heirs; 3) Charity; and 4) Taxes. By focusing on each of these issues, we discern what is most important to each client, designing strategies to optimize long-term goals.

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.

David S Magrone

David S Magrone

Managing Director

Private Wealth Advisor

Ryan N Dubak

Ryan N Dubak,

Vice President

Private Wealth Relationship Manager

Daniel  Thoma

Daniel Thoma


Private Wealth Analyst Relationship Management

Michelle L Traskus

Michelle L Traskus


Private Wealth Associate

Sandy G Lopez

Sandy G Lopez

Private Wealth Analyst Relationship Management

Matthew J Moses

Matthew J Moses

Registered Private Wealth Associate


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

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.

We are a leading wealth management advisory team headquartered in New York City.* We are privileged to work with a select group of ultra-affluent clients, helping them navigate the challenges and opportunities of significant wealth. We serve approximately 40 families who have entrusted us with approximately $2.042 billion in assets as of June 2018.

We advise wealth creators in three spheres of influence: (1) Finance (private equity and hedge fund principals); (2) Real Estate (investor, developers and managers); (3) Entrepreneurs and their respective extended families. Each client we advise is unique, with distinctive needs and priorities. We insist on customizing our approach for each client, marshaling the resources of the Private Banking and Investment Group at Merrill Lynch to devise and implement tailored wealth strategies.

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 Magrone Group