THE ERDMANN GROUP Erdmann, Giannetti, Brookfield, Carpentieri

Learn more about an advisor's background on
FINRA's BrokerCheck

Significant wealth requires customized strategies tailored to your unique goals and priorities. We serve a limited number of individuals and families, allowing us to offer personalized, boutique-like services to help you simplify your life and pursue what’s important to you.

Meet the Team

Your team includes private wealth advisors with Merrill Private Wealth Management as well as financial advisors from Merrill Lynch Wealth Management. Together, they work to help meet the specialized needs of individuals and families and to build relationships based on trust and personalized service. Read more about our team.

Strategies 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

Erdmann Approach

Headquartered in Greenwich, Connecticut, The Erdmann Group has distinguished itself by providing customized advice and guidance to a select group of corporate executives, business owners and affluent families.

We are a 33 member team that have been entrusted with over $14B in assets, as of June 2022. We are relentless in our focus on risk-adjusted performance relative to a client’s long-term goals. We bring warmth, compassion and coordination to clients’ wealth management that we feel is distinctive. 

Our team's most recent accolades:

Barron's: #1 Private Wealth Management Team in US 2019;
Top 10 Private Wealth Management Team in the United States in 2019-2022
Forbes: One of the Top Five Private Wealth Advisory Teams in the United States 2022

Our leader, Jeff Erdmann, has garnered a number of national accolades:

Forbes: Named #1 on Forbes ”America Top Wealth Advisor” list in 2016-2022.2
Barron’s: Top 100 Financial Advisors in the Nation, 2004 – 2022, including the Number 1 Advisor at Merrill from 2009 – 2022.3
Barron’s: Top Advisor Rankings, State-by-State, 2009 – 2022.4
Financial Times: Top 400 Financial Advisors, 2017.5

Barron’s “Top 100 Private Wealth Management Teams”
Published annually in April. Rankings based on data as of December 31 of prior year.

2  Forbes “America’s Top Wealth Advisors”
Published annually Aug – Oct. Rankings based on data as of Mar 31 – June 30 of current year.

3  Barron’s “Top 100 Financial Advisors”
Published annually Mar – April. Rankings based on data as of December 31 of prior year.

4  Barron’s “Top 1,200 Financial Advisors: State-by-State”
Published annually in February-March. Rankings based on data as of September 30 of prior year.
Years prior to 2014, this Barron's list consisted of 1,000 advisors.

5  Financial Times “400 Top Financial Advisers”
Published on March 30, 2017. Rankings based on data as of June 30, 2016.

6 Forbes “America’s Top Wealth Management Teams Private Wealth” 2022
Published on November 8, 2022. Rankings based on data as of March 31, 2022.

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.

Value Proposition

We operate as a small boutique inside a global bank offering a suite of family office type services:

1. Wealth Management Planner – We clearly articulate how each financial decision impacts financial security; both in the long and short-term.  We focus on outcomes to the stuff that matters to a family: education of future generations, buying a second home, investing in other businesses.

2. Investment Advisory Services – Have a clear understanding of your financial goals to help make sure your lifestyle is never disrupted.  The effort is to help secure, improve and preserve investment assets offering a completely objective asset allocation mix

3. Personal Banker – Facilitate and take care of all credit and balance sheet management including mortgages, credit cards, basic banking, bill payment etc. *

4. Philanthropic Consultant – Assist families in their philanthropic pursuits to establish a family legacy as well as invest in the charitable causes that are most important to them.  

5. + Friend – We are intentional about impact every day. We will be in the trenches with you when the world and/or family goals appear to be unbalanced and celebrating with you with life events and when goals have been accomplished

Banking products and services provided by Bank of America, N.A.

Helping Families Navigate Significant Wealth

Clients’ lifestyle needs, cash-flow requirements, and wealth preservation goals are the foundation of our work. We begin by asking what matters to the families we serve, and we never stop asking that question. We have built our team from the ground up to respond to the needs of significant wealth.

We have extensive experience advising clients before, during, and after life’s transitions:

  • Family transitions, such as births, weddings, deaths, or divorces
  • Purchase, sale, merger, or transfer of a business
  • Executive decisions, such as retirement, deferred compensation, board involvement, gifting of a business, or taxes in consultation with your tax professionals
  • Philanthropic endeavors, managing and consulting services for foundations and endowments, and personal gifting

 

An Emphasis on the Family

Erdmann_action_shot_new.png

We recognize that affluence can place unusual demands on families. We offer a range of services to promote the positive transmission of values and wealth between generations. Specifically, we partner with highly respected professionals who can facilitate constructive dialogue within families about their collective vision and expectations of wealth. These sessions enable families to defuse the potential pressures that accompany wealth so that they can more fully enjoy the responsibilities and opportunities that affluence presents.

"We make it a point to understand what matters most to each client, whether they’re a retired teacher or selling their company. What will they need to live on and to help their children? Can they afford to buy a second home? How should they support causes near and dear and what about their legacy? It’s about understanding the goals they have for their money.” Jeff Erdmann, Private Wealth Advisor

 

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.