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The Klaasen 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.

John H Klaasen

John H Klaasen,

Managing Director

Private Wealth Advisor

Paul K Addo

Paul K Addo,

Vice President

Private Wealth Manager



Registered Private Wealth Client Associate

Angela R Doud

Angela R Doud

Senior Private Wealth Client Associate

Rishi  Oad

Rishi Oad,

Private Wealth Investment Management Specialist


Additional Resources

The following specialists do not make securities recommendations. Please contact your Merrill Private Wealth Advisor if you have questions about how a specialist might be able to assist you.

John Karsnitz

John Karsnitz

Investment Solutions Group Portfolio Strategist

Bank of America, N.A.

Bryan Austin

Bryan Austin

Wealth Strategist


Timothy J Bennett

Timothy J Bennett

Division Structured Credit Executive

Bank of America, N.A.

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

The Klaasen Group Core Values

1. Honesty and Integrity
2. Open and Honest Proactive Communication
3. Transparency
4. Commitment to Life-Long Learning
5. Respect for our Clients, our Team, and Our Community

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.

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.

Our DRIVE Process

The Klaasen Group has developed and refined a goals-based wealth management process to help address clients’ financial problems with thoughtful advice and guidance. 

    • Discovery: During discovery meetings we get to know each client or family member and what matters most to them.

    • Reflect: We combine information obtained in the discovery with the cutting edge technology and resources available exclusively from Merrill to create the financial roadmap to our clients’ goals.

    • Implement: Each clients’ roadmap is used to determine the appropriate strategies needed to achieve the goals of their unique wealth plan.

    • Verify: We continually evaluate each client account to help ensure the investment strategies implemented are aimed at their goals.

    • Evolve: Our goal is financial well-being. Our goals-based wealth management process is designed to evolve as our clients and their lives evolve, whether it be major life events or changing retirement goals.

Our Clients

The Klaasen Group manages the personal and business finances for a select group of successful families and individuals. Our clients work with us because we are a team of highly knowledgeable financial advisors, appointed as their financial counselors because they may not have the time, inclination or expertise to do it themselves.

We limit the number of individuals and families we serve in order to dedicate the time and attention needed to tend to our clients’ high level wealth planning and preservation needs. They value our wide range of strategies and resources, from estate planning services to charitable giving to setting up a trust. In many cases, we collaborate with other member of their professional team such as attorneys or CPAs. We take the trust clients place in us very seriously and because of that trust our relationships go beyond finances. With The Klaasen Group it’s not about industry benchmarks — it’s about you and your goals.

Our Mission

The Klaasen Group is dedicated to serving as the indispensable wealth management and preservation counsel to clients and their families with significant assets. Our objective is to enhance our clients’ lives, allowing them to focus on what matters most, as we care for every aspect of their financial life by aligning our process and strategies to pursue their goals now and for generations to come. We genuinely care and make it our priority to provide an extraordinary experience through quality service.

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.

The Klaasen Group

Private Wealth Advisors