The Erdmann Group
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 29 member team that have been entrusted with over $10.2B in assets, as of August 2018. 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 teams most recent accolade:
- Barron's: Top Wealth Advisory Team in the United States in 2019
Our leader, Jeff Erdmann, has garnered a number of national accolades:
- Forbes: Named #1 on Forbes ”America Top Wealth Advisor” list in 2016, 2017, and 2018.1
- Barron’s: Top 100 Financial Advisors in the Nation, 2004 – 2019, including the Number 1 Advisor at Merrill Lynch from 2009 – 2019.2
- Barron’s: Top Advisor Rankings, State-by-State, 2009 – 2019.3
- Financial Times: Top 400 Financial Advisors, 2017.4
- Research Magazine: Advisor Hall of Fame, 2010.5
*As published in the December 2010 issue of Research Magazine. In their December issue, Research Magazine published their 2010 Advisor Hall of Fame. Each candidate must meet certain quantitative thresholds such as their years of industry experience, as well as qualitative factors such as superior client service, recognition from peers & community, and is ultimately selected by a panel of three distinguished judges.
*Source: Forbes "America's Top 250 Wealth Advisors" list, developed by SHOOK Research, September 2018. For more information about the selection criteria, go to http://details-he.re/WHDBy4 . All rights reserved.
*Source: Barron's "Top 100 Financial Advisors" list, April 20, 2019. For more information about the selection criteria, go to http://details-he.re/nRnrmS . Barron's is a trademark of Dow Jones & Company, Inc. All rights reserved.
*Source: Barron's “Top 1,200 Financial Advisors” list, March 11, 2019. For more information about the selection criteria, http://details-he.re/1u7KVH . 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: Barron's "Top 50 Private Wealth Advisory Teams" list, April 20, 2019. This first-ever ranking of wealth advisory teams that specialize in serving individuals and families was published with the Barron's "Top 100 Financial Advisors" 2019 list. The teams are ranked on a variety of factors, including their size and shape, the regulatory records and credentials of their members and the resources they have at their disposal to serve their client bases. Advisors considered for the "Top 50 Private Wealth Advisory Teams" 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.
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. Such rankings should not be construed as an endorsement of the advisor.
Value PropositionWe 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.
Focused on Consistency
We work with highly successful families who have created significant wealth through years of hard work and sacrifice. We help these clients preserve, deploy, and diversify that wealth effectively. Our first priority is to help families maintain their lifestyles through varied environments.
As wealth managers, we resist fads and group think. We focus our energies on identifying the managers and strategies that we believe can deliver consistent, prudent returns. We offer access to preeminent portfolio managers across the globe; we regularly assess investment allocations relative to a client’s risk profile and return objectives.
A Balanced Approach to Life and Wealth
Our team works with clients to nurture a balanced approach to life and wealth, encompassing multiple priorities: family, health, career, and philanthropy. We believe strongly that “success” has many definitions and we strive to be a critical resource for families as they pursue engaged and fulfilled lives.
We recognize that affluence can place unusual demands on families. We offer a range of services to promote lasting legacies through the positive transmission of values and wealth. Specifically, we work with highly respected professionals who can facilitate constructive dialogue about a family’s collective vision and expectations of wealth for multiple generations.
An Emphasis on the Family
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
A Commitment to Service
Merrill Private Wealth Management 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 it and update your strategy as needed. We are committed to providing you access to the investment insights of Merrill 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.
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.