Taking care of your family and other people in your life
- Trust & Estate Planning Services4
- Education Funding1
Credentials. Experience. Multi-generational. At Allen Caniglia & Associates, we believe these characteristics best describe our proactive, client-focused approach and commitment to addressing the complex wealth considerations facing affluent client families.
With our collective experiences and individual credentials, clients can benefit from thoughtfully designed strategies that evolve over time and extend beyond risk-managed investing. We encourage clients to share our long-term perspective – to consider what they envision five and ten years from now, for themselves and those they love.
Who do we serve? An impressive circle of clients whose education and sophistication demand a superior level of wealth management. They include accomplished business owners, C-suite executives in the financial and health care fields, attorneys, physicians (and their practices), and retirement plans for small and mid-size enterprises.
By assisting fewer clients, we can do more (and care more) for each client. With daily demands on this busy clientele, we are devoted to helping enrich and simplify their lives.
At Allen Caniglia & Associates, we take pride in the multi-generational aspect of our group. This helps ensure continuous attention to our clients and enables our team members to share personal experiences and professional insights with generations of client families – in the Chicago area and 29 states.
As we have for decades, we continue to nurture client relationships with physicians (and their practices), attorneys, actuaries, chemists, scientists, senior corporate executives, successful entrepreneurs, retirees, widows, families with inherited assets, as well as clients’ grown children and elderly parents.
Each of us shares a mission – to bring clients positive long-term outcomes that coincide with their view of wealth and the world. To accomplish that, we aim to engage regularly with clients, their spouses, grown children and elderly parents. It’s also important that we coordinate consistently with clients’ other advisors and our own network of tax and legal professionals. Doing so can save clients’ time and reduce the cost of managing multiple advisory relationships.
For busy clients seeking a proactive approach to optimizing their wealth and minimizing their efforts, we aim to do more than clients might expect – by helping them:
-Achieve their desired retirement lifestyle
-Arrange real estate financing
-Leave a legacy to their heirs
-Ensure the protection of their family
-Establish long-term care solutions
We combine our knowledge of investment, liability, tax minimization and estate planning strategies – often with the input of clients’ other advisors – to align efforts and put clients’ most cherished goals within reach.
At the foundation of our highly personalized approach is a sincere admiration for our clients – who they are and what they value. While diverse in their accomplishments, many clients come to us with similar concerns. They ask, “How am I doing financially? Will I make it (and when)? What am I missing? – should I have long-term care or other insurance?”
To answer clients’ questions, we ask our own, including: “What lifestyle do you envision in five or ten years? What legacy would you like to leave your children? What do you want from our relationship – and how often do you want to hear from us?”
At Allen Caniglia & Associates, we also ask clients to identify their feelings about market fluctuation (or risk, in general), so that we can “protect clients from themselves” and help them avoid emotional decisions.
Talking to clients frequently (as we would with good friends or family members), we discuss topics as far-ranging as generating retirement income, transferring wealth and minimizing taxes, saving for college, planning for a child to return home after graduation, purchasing a vacation home, financing a business expansion, creating a special needs trust, and caring for aging parents. These real-life situations are why we remind clients to call for our recommendations, or simply a second opinion.
Ultimately, we craft a “living strategy” for each client that we review and adjust over time. It reflects our appreciation of clients’ financial challenges, what they want for themselves, their kids and grandkids, and whether they want their wealth to benefit society. This is what we call “putting clients’ values into action.”
Two heads are better than one. And we find that six heads allow us to optimally address the “goals and holes” in each client’s financial picture. At Allen Caniglia & Associates, we work collaboratively with clients – and as a team – to formulate strategies for helping clients build and sustain multi-generational wealth.
Through rigorous industry training, our team members have been recognized with credentials that reflect our desire to provide “best practices” and “best-case scenarios” for clients. By complementing each other’s skills, we also help clients plan and prepare for likely and unlikely circumstances.
With our strong foundation in behavioral finance, we examine each client’s historic and recent experience with investing, their comfort with risk, desires for loved ones, and family dynamics. Our disciplined investment process follows a rigid set of guidelines – with the goal to remove emotion from investment decisions and provide clients with outstanding due diligence. Our process also gives us the flexibility to adjust quickly and thoughtfully on behalf of each client’s portfolio – based on changes in the markets and clients’ situations.
Beyond investments, we deliver the personal touch of a small group, with the vast resources of a global institution. To help clients expand a practice, purchase property, or better manage cash flow (for example), we offer access to Bank of America, N.A. We also work closely with clients’ CPAs and attorneys – and can call upon our own extensive network of actuaries and estate planning professionals – to help craft special needs (and other trusts), and align our tax minimization and philanthropic planning strategies.
We never forget that we’re in the “relationship business.” That’s why we talk with clients frequently, not when the calendar tells us to. Providing a superior wealth management experience demands our genuine appreciation of who clients are and why they come to us.
Supported by the global resources of Merrill, our team is comprised of talented and experienced individuals committed to building strong client relationships based on trust and personalized service.
Merrill Personal Wealth Analysis™ can help us build and document a personalized plan, centered on your goals and focused on what you want to achieve.
We offer you access to the investing insights of Merrill, trust and fiduciary services from Bank of America Private Bank, and the banking convenience of Bank of America to help you pursue your goals. We will work to help you stay on track, regardless of what the markets are doing.
1 Investment products are offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated.
2 Banking, mortgage and home equity products offered by Bank of America, N.A.
3 Insurance and annuity products offered through Merrill Lynch Life Agency Inc.
4 Trust and fiduciary services are provided by Bank of America Private Bank.
We understand that both your life and the financial markets can change over time. By periodically checking in to discuss changes in your life and revisiting your financial approach, our goal is to help you stay on track to achieve what's most important to you.
We’ll meet with you to review your goals and the progress you’ve made toward reaching them. We’ll also discuss any adjustments needed to your financial approach to help you stay on course.
Your life and goals change. As these changes occur, we can update your approach to reflect them.
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Your advisor is a click away within our site or mobile apps
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Helping you reach your goals starts with getting to know you personally. Through understanding what matters most to you, together we can help you create a financial approach that reflects your personality. Only then can we offer an approach that is built around your life priorities and the advice you need to help you address fluctuations in the market and changes in your life. Let’s work together to help you achieve your goals.
As Merrill Lynch Wealth Management Advisors, we will sort through the financial complexities of your life, helping you build a customized investment approach to address your needs and pursue your goals.
We put you first, every day.
We get to know you and your family, your financial situation and what matters most to you.
Drawing from our experience and the best thinking of Merrill, together we will design an approach that reflects your unique needs, priorities and financial situation.
We will work to help you stay on track, regardless of what the markets are doing.