The McConnell Group

Private Wealth Advisors

The McConnell Group

Private Wealth Advisors
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We provide highly customized services supported by the broad capabilities of a global institution. Working with a limited number of wealthy clients, we are able to offer you and your family personalized attention for all aspects of your financial life, now and for future family members.

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.

Thomas F McConnell

Thomas F McConnell

Senior Vice President

Private Wealth Advisor

617.946.8081
Arthur  Bom Conselho

Arthur Bom Conselho,

Vice President

Private Wealth Relationship Manager

617.946.8084
Robert E Joyce

Robert E Joyce

Private Wealth Manager

617.946.8082

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

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.

Core Competencies

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 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 Lynch’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 monitors 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 suitable 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 private banking services:

  • Investment management
  • Concentrated equity and restricted stock management
  • Estate planning strategies
  • Tax efficient financial management
  • 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

 


 

Neither Merrill Lynch nor its Financial Advisors provide tax, accounting or legal advice. Clients should review any planned financial transactions or arrangements that may have tax, accounting or legal implications with their personal professional advisors.

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.

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 McConnell Group