Profile

Named to Forbes "Best-in-State Wealth Advisors" list in 2019*, 2020*, 2021* and 2022 (Published annually Jan – April. Rankings based on data as of June 30
of prior year)*

Damon Marxer is a Senior Vice President, Wealth Management Advisor and a Portfolio Manager, who has been with Merrill Lynch Wealth Management since 2000 and formerly a CPA with Ernst & Young. Having “grown up” in the financial industry – learning from and working with his father, a longtime Merrill advisor – Damon brings decades of experience, insights and his personal humility to a down-to-earth clientele, including many he’s seen become successful adults.

“I enjoy family-like relationships with clients, their spouses and children – giving me a solid understanding of their lives and concerns. In witnessing how inflation and market volatility can affect people, I’m sensitive to clients’ comfort in helping to preserve and grow their wealth,” Damon explains. 

On behalf of active and retired clients in Michigan, Colorado and many other states, Damon’s efforts reflect their years of diligence and sacrifice. “Most clients want a steady income stream, but they also deserve holistic strategies that account for Social Security, Medicare and supplemental plans. I’ve assisted clients through years of wealth creation, preservation and distribution,” Damon says. “Talking and making adjustments never stops.”

When it comes to investments, Damon has long believed in owning companies that consistently raise dividends. “With my accounting background, I prefer to look at what companies do – not what they say. If a company has a solid history of paying out cash, that signals a commitment by management and earnings typically follow.” Damon follows this philosophy by managing two rising dividend portfolios for many clients with a balance of international and fixed income. He maintains a simple investment approach with a keen awareness of tax-minimization strategies.

As complex as a client’s financial strategy might be, Damon strives to keep explanations simple. He also wants clients to understand their liabilities and have access to Bank of America for residential, securities-based lending and banking services. “From the outset, I organize the client’s financial assets and liabilities, building a personal balance sheet, so we can clearly see a client’s financial picture. Frequent conversations keep me updated and keep clients mindful of progress made toward their most meaningful goals,” Damon adds.

Damon is a graduate of the University of Colorado.  He is also a CERTIFIED FINANCIAL PLANNER™ professional. He resides in Parker, Colorado with his wife, Colleen, and their two boys.  He enjoys spending time with his family and the great outdoor activities Colorado has to offer. 

*Damon does not provide tax or legal advice in his current role with Merrill.

*A Portfolio Manager can help clients pursue their objectives by managing on a discretionary basis his own personalized or defined strategies, which may incorporate individual stocks and bonds, Merrill Lynch Wealth Management model portfolios, and third-party investment strategies.

*Source: The Forbes “Best-in-State Wealth Advisors” list, published annually Jan - April. Rankings based on data as of June 30 of prior year.

Data provided by SHOOK® Research, LLC. Forbes Best-in-State Wealth Advisors ranking was developed by SHOOK Research and is based
on in-person, virtual, and telephone due diligence meetings to measure best practices; also considered are: client retention, industry
experience, credentials, review of compliance records, firm nominations; and quantitative criteria, such as: assets under management
and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerances vary, and
advisors rarely have audited performance reports. SHOOK’s research and rankings provide opinions intended to help investors choose the
right financial advisor and are not indicative of future performance or representative of any one client’s experience. Past performance is
not an indication of future results. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking.
For more information, please see www.SHOOKresearch.com. SHOOK is a registered trademark of SHOOK Research, LLC.

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