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.
The McConnell Group
The McConnell Group provides wealth management services and strategies to a select group of ultra affluent families and individuals. Located in Boston we serve clients located throughout the United States and with wealth derived across a range of industries. The majority of clients we serve are business owners/entrepreneurs, corporate executives and partners at venture capital or private equity funds. Whatever the source of their wealth clients are drawn to our goals based wealth management capabilities, customized investment approach, attentive service and unwavering focus on their satisfaction. We purposefully limit our number of clients in order to foster relationships based on intimacy and responsiveness. As a result clients come to know us well and we make it our business to know them well.
Our core competencies are investment management, wealth transfer planning and offering access to family office services. By addressing these three priorities we seek to integrate and enhance the varied elements of a client’s financial life. As Private Wealth Advisors our primary mission is to preserve and grow client wealth; we devise global asset allocation strategies and investment portfolios that align with a client’s investment objectives, risk thresholds and cash flow requirements. As wealth transfer planners we seek to understand our client’s unique desires with regard to lifetime giving, family legacy planning and philanthropic intent and to formulate a multigenerational wealth transfer strategy guiding its implementation in concert with their external legal and tax counsel. When providing access to family office services we strive to streamline and organize a client’s financial life often tackling time consuming administrative tasks such as check writing and bill payment. By freeing clients from the day to day burden of their finances we aim to restore precious free time that they can use to enjoy the family, business and leisure pursuits they find most rewarding.
An Institutional Perspective
As a team we draw upon our complementary and diverse institutional investment backgrounds to develop customized allocation strategies and implement global portfolios across a range of asset classes. We begin each client engagement by developing a keen understanding of a family’s financial situation. We then construct a customized financial framework that harnesses the breadth and depth of Merrill’s global resources and worldwide capabilities. As seasoned practitioners we employ a tax efficient endowment investment model for client portfolios; we deem preservation of purchasing power as a chief priority and will opportunistically pursue growth in purchasing power only after accounting for the effects of inflation, taxes and spending a client’s core holdings. We employ an open architecture investment platform that evaluates, integrates and tracks investment strategies wherever they are housed. We have detailed and nuanced knowledge of a variety of asset classes including public equity, fixed income, real estate and alternative investments such as hedge funds and private equity.
Some or all alternative investments may not be in the best interests for certain investors. Certain alternative investments carry significant risk and are not subject to the same regulatory oversight as mutual funds and other traditional investments. For these reasons, access to alternative investments may be limited to investors who are designated as sophisticated, high-net-worth investors.
Addressing the Complexities and Opportunities of Wealth
We offer a broad range of wealth management and banking services:
- Investment management
- Concentrated equity and restricted stock management
- Estate planning strategies
- Tax minimization strategies
- Philanthropic planning
- Financial education/multigenerational involvement
- Life insurance planning
- Trust administration/services
- Home Financing, through Bank of America, N.A.
- Access to family office services
Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Banking products and services provided by Bank of America, N.A.
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.