Murray, McGehrin & Shiery
One Park Place
Annapolis, MD 21401
410.263.0102
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Welcome

We work with organizations and people who are making an impact. With decades of experience working with nonprofits, foundations and endowments, we understand that your mission and your investment strategy need work together – we can help.

Helping institutions meet their investment needs We put the resources and intellectual capital of Merrill to work for institutional clients like you by delivering thoughtful advice and sophisticated investment strategies through focused client-centric consulting. We help organizations like yours address today’s complex investment challenges through an integrated, goals-based investment process that enables them to redefine success, manage risk and help fulfill their missions.

Investment Solutions We provide access to a broad suite of potential investment solutions for non-profit organizations, foundations, endowments and corporate retirement and pension plans. Our level of involvement is based on your preference — from traditional consulting, to client-directed implementation, to full discretionary outsourced CIO services. We work with your CFO, board of directors and investment committee to develop a tailored investment strategy that is consistent with your culture, goals, preferences and risk profile.

Disciplined Investment Process We follow a disciplined process that helps to address your organization’s changing needs and provides you with a potentially higher probability of achieving your long-term investment goals.

  • Investment Policy Statement Development and Review Act as liaison between institutional clients and Merrill's Investment Policy Statement (IPS) service, which creates and modifies an IPS, based on the client’s investment goals and objectives.

  • Strategic Allocation Modeling Customizable asset allocation based on the Chief Investment Office capital market assumptions.

  • Investment Manager Due Diligence Recommend investment solutions leveraging Merrill's thorough and rigorous due diligence process.

  • Investment Manager Search and Selection Advanced portfolio construction techniques combined with client specific objectives and Merrill's capital market guidance.

  • Portfolio Strategy Leverage Merrill's global intellectual capital including tactical tilts to potentially help increase returns.

  • Performance Measurement Review, quantify and evaluate performance to identify opportunities to refine the portfolio’s overall strategy, based on the Investment Policy Statement.

Endowments, Foundations and Nonprofits We understand the issues nonprofits, endowments and foundations address in funding their missions in an ever-changing financial climate. Drawing on the global resources of Bank of America Corporation and its affiliates, we offer insight, guidance and personalized service to help institutions develop and execute investment strategies focused on what matters most to them and the people they serve. Impact investing and/or Environmental Social Governance (ESG) investing has certain risks based on the fact that ESG criteria excludes securities of certain issuers for nonfinancial reasons and therefore, investors may forgo some market opportunities and the universe of investments available will be smaller.

Defined benefit plans Whether your defined benefit plan is an active part of your overall benefit offering, is closed to new participants, or fully frozen, Bank of America's service model allows you to outsource the many administrative tasks associated with the maintenance of a pension plan to fulfill plan obligations and manage risk. Key services include: • Investment consulting service • Open architecture investment management platform • Liability driven investment implementation • Actuarial services and discretionary investment management

Recognition
Matthew McGehrin
Senior Vice President, Wealth Management Advisor
Forbes "Top Next-Generation Wealth Advisors Best-in-State", 2024
(Published on August 8, 2024. Rankings based on data as of March 31, 2024.)
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About Us
Who We Are

Your investment strategy represents your vision for the future, and for philanthropic institutions, that vision is also carried in their mission – to better our communities, improve our environment, increase access to education or healthcare, and enrich our lives.

Social impact organizations create solutions to some of the world's most difficult challenges – but only with the trust and generosity of financial supporters.

Which means, nonprofit leaders are called upon to maximize the impact of every dollar, while ensuring the organization's long-term financial position remains strong.

At Murray, McGehrin, and Shiery, we know the weight of this responsibility. As individuals, we have served on nonprofit boards and finance committees. We are volunteers and donors. And, as an organization, we have over 25 years of experience guiding nonprofit clients as they preserve and grow precious donor dollars.

If you are ready to gain more control of your organization's investment strategy by creating a proactive plan that is aligned with your mission, we are here to help.

Meet Our Team
Cullen Murray,

CIMA®, CPWA®

Senior Vice President, Wealth Management Advisor
410.263.0145
Matthew McGehrin,

CFA, CFP®, CPFA™

Senior Vice President, Wealth Management Advisor
410.263.0155
Ellen Shiery,

CDFA®, CFP®, CPFA™

Vice President, Wealth Management Advisor
410.263.0128
Martin Mcgehrin,

CRPC™

First Vice President, Senior Consultant
410.263.0167
Cheryl T. Freeman,

CRPC™

Wealth Management Specialist
410.263.0102
Maria Fortunata Tripodi
Wealth Management Client Associate
410.263.0187
Christine Lorraine Lesinski
Wealth Management Client Associate (FP)
410.263.0159
Additional Resources
The following specialists do not make securities recommendations. Please contact your Merrill Lynch Wealth Management Advisor if you have questions about how a specialist might be able to assist you.
Kristina Gentle
Wealth Management Lending Officer
Bank of America, N.A.
NMLS #484047
Rakesh Raina
Wealth Management Banking Specialist
Merrill
Brian Canuel
Structured Credit Executive
Bank of America, N.A.
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Investments & Wealth Institute™ (The Institute) is the owner of the certification marks CIMA® and Certified Investment Management Analyst®, CPWA® and Certified Private Wealth Advisor®. Use of CIMA®, and/or Certified Investment Management Analyst®, CPWA® and/or Certified Private Wealth Advisor® signifies that the user has successfully completed the Institute’s initial and ongoing credentialing requirements for certification.
CFA® and Chartered Financial Analyst® are registered trademarks of the CFA Institute.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and the CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
CDFA® and Certified Divorce Financial Analyst® are trademarks of The Institute for Divorce Financial AnalystsTM.
Chartered Retirement Planning Counselor™, CRPC™, and the CRPC™ logo are certification marks or registered certification marks of The College for Financial Planning Institutes Corp. in the United States.