Merrill Lynch

HDB Group

Wealth Management Group

Learn more about an advisor's background on
FINRA's BrokerCheck

Merrill Lynch
Wealth Management

At The HDB Group, we are committed to offering attentive, high-value-added, personalized service. Our relationships are based on open communication. We listen intently when you talk and seek to address your issues quickly and efficiently.

We invite you to learn more about our team by reading the brief profiles provided here and encourage you to contact us to determine if we may be a good fit to help you pursue your financial goals.

Uncovering What Wealth Means to You

Located in the Barrington, Illinois, area, The HDB Group is dedicated to assisting affluent clients and their families with their sophisticated wealth management needs. We draw on more than 60 years of collective experience to help you lay out a clear path toward your financial goals.

The personalized wealth management we provide goes beyond investment strategies to a range of services designed to address the entirety of your financial life. Together with your tax and legal professionals we can help you evaluate retirement and estate planning services, tax minimization strategies, legacy planning services and risk management strategies. Our mission is to help you grow and preserve your assets and simplify your financial affairs.

We seek to fulfill this mission through:

Knowledgeable advice and guidance—The members of our team possess diverse experience and professional designations that allow us to consider your wealth management needs from different perspectives. Together these capabilities form a foundation of knowledge and skills that we can draw on in developing and implementing strategies designed to address the challenges associated with the different stages of your financial life: wealth accumulation, preservation, distribution and transfer.

Exemplary service—Integrity and professionalism are the cornerstones of our service. We are committed to putting clients' interests at the center of everything we do and devoting our full attention to every interaction. We seek to keep clients informed about their current financial position, their progress toward their goals and any market opportunities that may arise. We also strive to respond to questions and requests quickly and effectively. It is our belief that our personalized, attentive service is among the reasons that a number of our relationships span multiple years and several generations.


Goals-Based Wealth Management

We follow an approach that seeks to transform clients from merely having objectives to actively pursuing them. Our process begins with determining your current financial situation and helping you articulate your objectives for the future. We also seek to define your risk tolerance, liquidity needs and time horizon. What we learn forms the basis for the wealth management strategies we recommend.

Our discovery process is both quantitative and qualitative. On the quantitative side, we may ask such questions as:

  • When do you want to retire?
  • What have you already saved toward retirement?

The qualitative side involves questions like:

  • What kind of retirement do you envision?
  • Do you want to travel, go back to school, start a small business, consult or spend more time with your grandchildren?

Our next step is to present you with a detailed written analysis that addresses your goals, whether they involve accumulating wealth, generating income, solidifying a retirement plan or devising a distribution approach that supports a certain lifestyle or legacy.

Throughout our relationship, we will meet with you regularly to review your strategy. If necessary in light of changes in the market or your personal situation, we can suggest adjustments to help keep your portfolio aligned with your goals and risk profile.

Building and maintaining strong relationships with your other professional advisors are also important parts of our process, helping us integrate the different elements of your financial life. We can collaborate closely, for instance, with your attorney to see that assets are titled properly and with your tax advisor to consider business and personal tax impacts.


Financial Life Cycle

The wealth management strategies we create with you are designed to help you navigate the financial life cycle, from wealth accumulation through wealth transfer. Our goal is to understand where you are in the cycle, then help you prepare for the stages to come.

Wealth Accumulation--It is important to prepare for expenses you may face both in the near term and in the more distant future. Through access to Bank of America, we can help you develop strategies for funding home purchases or improvements, or, through Merrill, we can help you to create strategies to fund your children's or grandchildren's education. At the same time, we can assist you in laying the groundwork for a comfortable retirement by recommending ways to maximize your pretax investment potential through an employer-sponsored retirement plan or IRA. Our strategies are designed to help build your wealth by balancing your asset investment needs against your liabilities.

Wealth Preservation—After your peak earning years, wealth creation may become less important than wealth consolidation. In conjunction with Merrill specialists, we can offer estate planning services, involving such tools as life and long-term-care insurance. Working together with your tax or legal advisors we can assist with tax minimization strategies designed to help preserve your assets for your future use and for your heirs.

Wealth Distribution—As retirement approaches, your attention shifts to finding ways to help maintain the lifestyle for yourself and your family that you've worked so hard to establish. We can help create strategies designed to generate a sustainable income stream that has the potential to increase over time to cover such eventualities as rising health care costs and long-term care.

Wealth Transfer—A well-thought-out wealth transfer strategy should take into account not only your assets but also your values and intended legacy. In collaboration with Merrill wealth structuring and trust specialists, we can work with you and your tax and legal or other trusted advisors to see that necessary documents—such as wills, trusts, durable powers of attorney and medical directives—are in place and up-to-date.


Services Tailored to Your Individual Needs

Our Investment Approach

We believe that investing requires balancing risk and return. We value good returns, but we value good returns with lower risk even more. In our experience, managing volatility can be critical to both the long-term growth of your wealth and its preservation. Our goal is to build a portfolio for you that can perform well in a variety of markets.

The financial strategies we create can focus on such goals as:
  • Preserving your assets
  • Generating consistent returns while minimizing risk
  • Avoiding significant losses
  • Tax minimization in conjunction with your outside tax advisors
  • Providing liquidity
  • To move clients toward these objectives, we adhere to a strict discipline, keeping our eyes on the long term and ignoring fads and market noise.

Discretionary Portfolio Management

Today's markets are fast moving and complex, and many investors do not have the time or inclination to make the day-to-day decisions necessary to navigate them. You can delegate to Matt DiDomenico and Scott Barber the investment management responsibilities for your portfolios, meaning they have discretion over certain investment decisions surrounding your financial strategy. Once they have confirmed your goals and life priorities, as well as identified your portfolio investment objective, time horizon, risk factor and liquidity needs, they will recommend targeted asset allocations for your portfolios to help you meet your specific investment objectives. Granting Matt and Scott authority allows them to respond to market changes, price volatility and global events with the ability to make adjustments, if needed, to help your portfolio stay on track to meet your goals.

Business Owner Services

Very few business owners like to think about a time when they won't be leading their companies. We can help you consider a succession plan and prepare your family for the steps necessary to pass your enterprise to the next generation, if appropriate. We can also provide access to a Wealth Management Lending Officer* from Bank of America, N.A. and other specialists to help address such areas as cash and liability management, retirement and benefit plans, and credit and lending.
*The Wealth Management Lending Officer does not offer investment advice, nor make recommendations on investment products. 

Meet Our Group

Supported by the global resources of Merrill, our group is comprised of talented and experienced individuals committed to building strong client relationships based on trust and personalized service.

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.

Kurt Lorenzen

Wealth Management Lending Officer

Bank of America, N.A.

NMLS #228680

Joshua Webster

Wealth Management Banking Specialist


Nicholas A. Beilfuss

Wealth Strategies Advisor

Bank of America, N.A.

Staying on Track

We understand that both your life and the financial markets can change over time. By 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.

Reviews to help you
stay on track

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.

    Changes in your life
    and to your goals

    Your life and goals change. As these changes occur, we can update your approach to reflect them.


    MyMerrill is your online destination for access to your financial information, secure communications, and a robust offering of tools and capabilities.

    Your advisor is a click away within our site or mobile apps

    You can manage account security with our customizable security capabilities such as touch ID, one time passcode, and other security features

    Access to your complete financial life is available with My Financial Picture, Merrill’s asset aggregation tool

      Let’s Have a Conversation

      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.

      Why Merrill?

      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.
      Learn more about the dedicated one-on-one relationship you can have with a Merrill Lynch Wealth Management Advisor.

      Anthem video thumb.jpg 
      Transcript of Video 

      No question too big or moment too small
      For every question you have, every decision you make and every answer you need, we are with you to listen and help guide you along the many paths your life can take. Watch this video to see some questions we can address together.

      The Power of the Right Advisor®
      Working with a dedicated Merrill advisor means you get personalized investment strategies from Merrill plus access to comprehensive financial solutions only Bank of America can deliver.

      Personalized advice from a dedicated financial advisor.

      We get to know you and your family, your financial situation and what matters most to you.

      A comprehensive approach, built around your life’s priorities.

      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.

      Adjusting your investment approach as your life and the markets change.

      We will work to help you stay on track, regardless of what the markets are doing.