The Scheer Provenz Group

Merrill Lynch Wealth Management

1305 Walt Whitman Rd
Melville, NY 11747
(631) 351-5110
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The Scheer Provenz Group
Merrill Lynch Wealth Management
Welcome

The Scheer Provenz Group Serves an accomplished and affluent clientele whose life priorities call for personalized retirement and inter-generational wealth planning and often preparation for liquidity events (including the sale of a home, practice or business).

Among those who’ve worked years with Michael Provenz are active and retired physicians (and their practices), private business owners, corporate executives, and multiple generations of families in the New York Tri-State area, Florida and nationwide.

“The primary goal of most clients is to reliably provide for their continuing lifestyle needs,” explains Michael Provenz. “We design strategies geared towards each client’s personal aspirations, goals and tolerance for risk. We also assist in fulfilling their need to retire comfortably, while working to increase their overall net worth.”

To capture upside market movements, The Scheer Provenz Group believes in globally diversifying client portfolios among multiple asset classes and sectors. Using internal and external research, the team formulates actively managed portfolios that may include mutual funds, ETFs, fixed income and alternative investments.  To optimize opportunity on both sides of clients’ balance sheets, access is provided to Bank of America N.A for liability management including residential and commercial lending.

As Michael Provenz points out, “Perhaps our greatest strengths are our team’s deep experience, our years together, and the level of personal service we provide. We measure success by each client’s satisfaction and the fact that the client base has grown exclusively from referrals. We’ve also focused on building a team of professionals whose backgrounds and ages align nicely with those of clients. This gives us the ability to relate well on a personal basis with clients and their families. Our mission is to create lasting wealth that can span generations for clients we’ve come to know and admire.”


*Some or all alternative investment programs may not be in the best interest of certain investors. No assurance can be given that any alternative investment’s investment objectives will be achieved.

*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.


 

Recognition
Michael Provenz
Managing Director, Wealth Management Advisor
Forbes "Best-in-State Wealth Advisors", 2022-2024
(Published annually Jan – April. Rankings based on data as of June 30 of prior year.)
About Us
Philosophy

We believe the best financial approach is the one that helps you pursue your goals. That's why, from the start, we talk about your aspirations and encourage you to ask questions about issues that matter most to you. Calculating how to manage future health care expenses? College on the horizon? Considering the sale of a business or purchase of a home? Preparing to pass your wealth to future generations? It all starts with a plan intended to help you manage, grow, and preserve your wealth today, while also considering the impact it can have for years to come. With access to the investment insights of Merrill and banking solutions from Bank of America, We will work with you to develop an approach designed to help address your financial needs.

Meet Our Team
Michael Provenz,

CFP®

Managing Director, Wealth Management Advisor
631.351.5113
Barbara Cohen,

CRPC™

Vice President, Senior Business Manager
631.351.5110
Susan M Santangelo
Vice President, Registered Wealth Management Client Associate
631.351.5050
Alia Sadiqi
Officer, Wealth Management Client Associate
631.351.5031
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.
Paul Vincent Barbarino
Employee Benefits Specialist
Bank of America, N.A.
Jazmin Adorno
Wealth Management Banking Specialist
Merrill
Alan Kreit
Wealth Management Lending Officer
Bank of America, N.A.
NMLS #690784
About Merrill

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.

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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.
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.