Our mission, first and foremost, is to understand you and what matters most to you. Armed with that information I can ask thoughtful questions -- listening carefully, then understanding in detail where your wealth stands today and where you’d like it to be tomorrow. We help you design and implement a personalized plan intended to help you and your family pursue financial goals while helping manage investment risk. Our approach is to focus on potential solutions that can help turn goals into reality.
Our dynamic and individualized approach to wealth management is built on personal relationships and shaped by an understanding of your life. Although strategies, tactics and tools are important elements in our process, we believe that effective wealth management should begin with a client-centric, goals-based view of what's important to you—your mission, vision and values.
During our initial meetings, in addition to gathering pertinent financial data, we focus on other areas of importance including: your family, health, leisure, giving, home and work. Going beyond your investment statements, insurance policies and other financial documents, we seek to capture a clear understanding of who you are, what is important to you and how we can help.
Regular tailored portfolio reviews provide you with an opportunity to reassess your asset allocation in light of changes in the market or your personal situation. If changes to your portfolio are needed, we will work together to evaluate the risk versus return of each investment recommendation in order to remain within your stated risk tolerance.
Working together and maintaining relationships with your attorneys, accountants and other key professionals helps us to clarify the various aspects of your wealth management strategy. We can also access Merrill specialists as needed, in such areas as managed solutions, insurance, and estate and retirement planning services, to gain their insight on your behalf. Furthermore, we can access a variety of Bank of America services, including investment banking, lending and trust services.
The foundation of our investment philosophy is to get to know each client individually in order to clearly understand his or her needs, goals and aspirations. We also want to know that their expectations are reasonable given their time horizon, liquidity needs, short- and long-term goals and risk tolerance. Once we have that understanding, we identify investments that are appropriate to help pursue their needs and wants, while considering costs, efficiency and effectiveness.
The goal with all portfolios is to reduce downside volatility without drastically limiting the upside potential. Therefore, we utilize investment managers who are long-term oriented as well as those who are tactically focused. In diversifying investment products and styles, we look for those that can complement one another, and steadily review them to see that they are performing the way we intend. We utilize the strength of BofA Global Research and vetting process along with our own years of experience to identify the strategies that can match each client's outlook.
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.