The Virnoche Group is a planning based wealth management and investment advisory team. We take full advantage of Merrill Lynch Wealth Management resources and the banking convenience of Bank of America to provide clients with a customized multigenerational wealth management plan, investment management and personal banking relationship.
We serve clients in four ways:
- As their Financial Advisor, we use the Merrill Goals Based Wealth Management process to help clients achieve their life long financial goals.
- As their Portfolio Manager, we provide investment management and guidance through the Investment Advisory program with portfolios designed to preserve capital, generate income and provide for long term growth.
- As a Banking and Credit resource, we provide direct access to enhanced banking and lending services through our relationship with the Bank of America.
- Ultimately we strive to become a client's trusted advisor, confidant and in many cases a lifelong friend.
What makes us unique are the combined qualities we embody as a team:
- A personalized implementation of the Merrill Lynch Wealth Management process.
- Direct ownership of individual company securities in our personally defined portfolios.
- A consistent investment process essential for long-term success.
- Responsive client services designed around individual client needs.
- An experienced team with over 100 years of combined service.
*A Portfolio Manager can help clients pursue their objectives by managing on a discretionary basis own personalized or defined strategies, which may incorporate individual stocks and bonds, Merrill Lynch Wealth Management model portfolios, and third-party investment strategies.
We believe that research drives performance and make full use of BofA Global Research analytics and tools as well as independent research in constructing portfolios for Growth, Dividend Income, and Total Return.
We construct and manage portfolios by focusing on the long-term cash-flow potential of good businesses, rather than by trying to predict the next market move. As such, we do not seek to time the market by making predictions on short-term market action.
We look for businesses that have a unique industry position, an attractive valuation, a catalyst that creates a reason to invest, above-average returns on invested capital and a seasoned management team that has been successful in increasing shareholder wealth through the profitable allocation of company resources over time.
Once the quantitative aspect of the screening process is complete, we determine if the business fits into an investment theme that we believe is valid in the current economic environment. We ask ourselves: "Is this a business we want clients whom we advise to own now?"
It has been our experience that a business may need to be held for many years to experience its full potential. Therefore, investors in our portfolios should have a minimum investment horizon of three to five years.
We also invest directly in investment grade taxable and tax free fixed income securities with the objective of adding additional income and diversification within an overall relationship.
*Any information presented in connection with BofA Global Research is general in nature and is not intended to provide personal investment advice. The information does not take into account the specific investment objectives, financial situation and particular needs of any specific person who may receive it. Investors should understand that statements regarding future prospects may not be realized. BofA Global Research is research produced by BofA Securities, Inc. ("BofAS") and/or one or more of its affiliates. BofAS is a registered broker-dealer, Member SIPC, and wholly owned subsidiary of Bank of America Corporation. BofA Global Research does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision.
Bringing fresh perspectives to your financial life
The financial decisions you make today can help determine the future you build for yourself and your family. Carving a clear path forward starts with connecting your life and finances. A Merrill advisor provides access to the investing insights of Merrill and banking capabilities of Bank of America to help you make informed decisions as you pursue your goals.
