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 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 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.
Every wealth creator exists inside a pressing paradox—the responsibility of having the power to create lasting change and the pressure to ensure their money grows and moves through the world with some sense of purpose. This is why we’ve developed an integrative approach to investing, one that develops financial strategies to ensure our clients can leave behind a meaningful and lasting legacy with their wealth.
While the federal government’s landmark marriage ruling has eliminated many inequalities, same-sex couples and LGBTQ+ individuals still face financial challenges that require specific guidance and support — challenges that become more complex as income and wealth increase. Merrill Private Wealth Management has experience with and is sensitive to the unique needs of LGBTQ+ clients and their families. As you think about your present and future goals, such as financial guidance for a business you run or establishing a legacy for those you love, we can work with you to help you implement a goals-based approach designed to help simplify your life.
As a woman, you are well aware of how inaccurate stereotypes about gender and money can be. Beyond some specific challenges — for example, planning for the statistical probability of outliving a spouse — managing your finances means avoiding preconceived assumptions while gaining a full understanding of who you are as an investor and what you want to achieve for your career, your family and your legacy. Merrill Private Wealth Management works with a select group of wealthy individuals and families to help them pursue the goals that matter most to them. We strive to get to know our clients on a personal level so we can offer boutique-like services and the resources of a global firm to create financial strategies specifically for their life and needs.
As private wealth advisors with Merrill Private Wealth Management, we work with prominent families to help them manage the ongoing complexities they face. Our deep experience with family offices enables us to tailor a range of services to help meet your specific needs. We can provide access to Merrill for investment and wealth management strategies, and to Bank of America for governance, asset custody and administration, as well as assisting in the financial education of younger family members. In working with you to create and implement plans reflecting your specific intentions, our goal is to help your family enterprise succeed, and that your knowledge and values are passed along to the next generation. Together, we will focus on strategies that recognize the unique nature of your family’s mission, history and goals.
Company Founders, Private Business Owners & Entrepreneurs
When you have built your own business, your personal finances and the life of your company are closely intertwined. You may be thinking about how to invest in your company’s growth while also deciding how best to use your personal assets. Helping ensure the future of your business likely involves employee benefits, retirement plans and succession planning. Helping secure your family’s legacy could entail wealth transfer strategies, trusts and philanthropy. Whatever your specific needs, we at Merrill Private Wealth Management can help entrepreneurs and business owners balance their personal financial lives with their life’s work. We are dedicated in providing the experience and resources to help support your ongoing success.
Investment Statement // Our Process
We compose the asset allocation for your portfolio in response to several variables specific to you including market conditions, family goals, time horizon, risk tolerance, liquidity needs, and income requirements. As these criteria evolve, so will the composition of the portfolio. We align your personal values with your investments through various implementation strategies including customized value based portfolios and screens. We utilize the expansive platform available to us at Merrill to implement investment vehicles that span both global public and private markets, with an eye towards cost efficiency. We should be aware of what we own and why we own it.
Emotions can skew perceptions of risk and result in dramatic impacts on not just portfolios but also achieving financial goals. We discuss your values, goals, and intentions at length so that in times of both turmoil and euphoria, we act as a sounding board to stay on plan. Our focus is long-term. Short-term market performance can be a distraction and a lure away from good discipline. The way we communicate with you and report on progress is designed to mitigate reactive behaviors and make your portfolios purposeful.
Understanding your risk tolerance, and incorporating it into investment portfolios, is just one aspect of risk management. We help to define risk in a way that goes beyond market volatility and addresses obstacles specific to a family’s wealth plan and estate plan. We define success not by benchmarks but by the realization of your stated goals and the impact you would like to achieve.