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Gelb Retirement & Advisory Team

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Whatever your personal goals may be, we will work with you to develop a customized financial strategy designed to help you pursue what’s most important to you.

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Click to view the Gelb Retirement & Advisory Team Brochure

We start with what’s important to you

We take the time to listen and learn about the needs and goals of your institution and the people it serves – it’s these real-world insights that guide our strategies and personalized service.

About Us

Gelb Retirement & Advisory Team

Extensive Experience & Deep Resources for
Individual Investors & Retirement Benefit Plan Sponsors.

Contact Us:
     Our team's direct, toll-free phone number:  800-350-7782  
     Connect with us on LinkedIn   Linkedin.png

Click below to view:
     Wealth Management Questionnaire    
     Intranet Content 

Welcome
The Gelb Retirement and Advisory Team (GRAT)’s mission is to provide a roadmap to help individuals, families and corporations obtain their financial objectives and goals. For families and individuals, we deliver custom strategies that implement a blueprint on how to optimize their current financial situation and reach their ultimate goals for not only themselves, but for future generations as well.  For corporations and their retirement plans, we offer solutions and consult on the plan design, investment options, as well as present extensive personalized education for all employees. 

Our team is continuously adapting to the ever-changing industry. We strive to connect with our clients on a personal level, being a part of their everyday lives. Understanding personal goals and aspirations helps our team to forecast, coordinate, & better serve our clients in an array of financial areas with access to banking, lending, healthcare through Bank of America and retirement income, through Merrill.
 

What can you expect from us?
Personalized advice that helps you address all aspects of your financial life, beyond individual investment transactions alone.  Periodic follow-ups to help make sure you stay on course, no matter what is happening in the markets or around the world.  Adjustments to your strategy, as life, and the markets can change quickly.  Tools and expertise reflecting and delivering the best thinking of the Firm. 

That is our commitment to you.


Retail Brokerage Wealth Management
Our team focuses on working with affluent individuals and families to address wealth management needs that extend beyond retirement income planning. We often assist these clients with financial strategies designed to preserve their wealth and pass it on to future generations, or leave to a charitable legacy.

Gathering detailed financial and demographic information is critical to developing an individualized goals-based wealth management approach. Our goal is to deliver customized service that meets and even surpasses client expectations. Every member of our experienced team strives to be easily accessible and readily responsive to client service requests. 


Retirement Plans
We are a highly experienced team, with a passion for educating retirement plan sponsors and participants to help them make informed decisions.  The Gelb Retirement & Advisory Team draws on our own extensive professional experience and the deep resources of Merrill to help clients tailor retirement benefit plans to their organization’s unique requirements and manage their plans as needs evolve. We offer guidance to sponsors of 401(k), 403(b) and 457 plans, as well as non-qualified defined contribution plans and supplemental executive and equity benefit plans. Currently, we are privileged to provide service to sponsors of over 100 plans of all sizes in diverse industries.

We offer a broad range of services for plan sponsors—from guidance on designing a new retirement benefit plan or converting an existing one, to selecting or changing a plan provider, to monitoring plan performance, updating investment menus and educating plan participants. Our extensive knowledge of the retirement industry, including multiple plan providers and platforms, helps us guide sponsors in designing plans appropriate for their organization’s size, demographics, budget and other needs.

Helping Plan Sponsors Meet Objectives

The Gelb Retirement & Advisory Team draws on our own extensive professional experience and the deep resources of Merrill to help clients tailor retirement benefit plans to their organization’s unique requirements and manage their plans as needs evolve. We offer guidance to sponsors of 401(k) and 403(b) plans, as well as non-qualified defined contribution plans and supplemental executive and equity benefit plans.

We offer a broad range of services for plan sponsors—from guidance on designing a new retirement benefit plan or converting an existing one, to selecting or changing a plan provider, to monitoring plan performance, updating investment menus and educating plan participants. Our extensive knowledge of the retirement industry, including multiple plan providers and platforms, helps us guide sponsors in designing plans appropriate for their organization’s size, demographics, budget and other needs.

We can help sponsors address the multiple facets of plan design, including:

Needs assessment: We evaluate business requirements, employee demographics and other factors to help sponsors think through what they want their retirement plan to achieve.

  • Plan strategy and design: We review the organization's current plan design, provider, features and investment options. Then we identify opportunities for improvement in areas such as technology (including Auto Enroll and Auto Increase), reporting, fees.
  • Plan investment construction: With the resources and specialists of Bank of America Merrill Lynch, we offer guidance on creating an Investment Policy Statement and choosing an investment menu that fits the organization’s needs, as well as providing support to help you manage investments over time.
  • Plan benchmarking and best practice analysis: By comparing the plan with others in the client’s industry, we can identify best practices and offer suggestions for keeping the plan current.

Wealth Management Strategies for Families and Individuals

We focus on working with affluent individuals and families to address wealth management needs that extend beyond retirement income planning. We often assist these clients with financial strategies designed to preserve their wealth and pass it on to future generations, or to leave a charitable legacy. If clients request it, we will work with their CPAs, tax attorneys, estate planning attorneys and other professional advisors to help implement wealth management strategies. Our team also serves as a bridge to the broad and deep resources of Merrill for clients with particular wealth management needs.

Gathering detailed financial and demographic information is critical to developing a successful goals-based investment approach. My Financial Picture is a Merrill technology tool designed to help clients consolidate investment information, transactions and expenses in a single place and track financial progress. Clients can choose to enroll themselves in this program.

Our goal is to deliver customized service that meets and even surpasses client expectations. Every member of our experienced team strives to be easily accessible and readily responsive to client service requests.

Meet the Team

Our team is comprised of talented and experienced individuals committed to building strong client relationships based on trust and personalized service.

Additional FA Relationships

Gelb Retirement & Advisory Team, when appropriate, works with other advisors and teams for specific clients’ situations.

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Stephen W. Peters, CPFA®, CRPS®
Vice President | Senior Financial Advisor
Retirement Benefits Consultant







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Ramona Z. Locke, C(k)P®, CPFA, CIMA®
Senior Vice President | Wealth Management Advisor
Global Institutional Consulting | Defined Contribution Investment Consultant







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Michael P. Rennels, CIMA®, C(k)P®, CFP®, ChFC®
Senior Vice President | Business Wealth Management Advisor
Retirement Benefits Consultant | Portfolio Advisor







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Ryan Brems, CPFA
Financial Advisor
Retirement Accredited Financial Advisor








Additional Advisor Resources
Gelb Retirement & Advisory Team is supported by talented; specialists who have experience working with institutions and share a strong commitment to guiding investment programs and strategic decision making. The following specialists do not make securities recommendations. Please contact your Financial Advisor if you have questions about how a specialist might be able to assist you.

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Theodore D. DeGaetano Jr., CPFA, C(k)P, CRPS
Director | BAC/ML Institutional Retirement
Employee Benefits Specialist







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Brad Bartels
Corporate Financial Solutions Advisor 
Merrill Guided Investing







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Ryan Burnett, CRPC®
Financial Wellness Specialist
Merrill Retirement & Personal Wealth Solutions
 






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James Cho
Vice President | Wealth Management Lending Officer
Bank of America, N.A.
NMLS# 784929






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Julie Novitskiy
Wealth Management Banking Specialist
Merrill Lynch Wealth Management

 

Participant Seminars

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To register, please select the time of the WebEx you wish to attend (all times listed are CST)

 
Wednesday, July 1st

Retirement Will Be Here Sooner Than You Think
Register for 10:00 AM
Register for 3:00 PM

Thursday, July 9th
Plan & Protect Your Financial Future
Register for 10:00 AM
Register for 3:00 PM

Wednesday, July 29th
Guide to Retirement
Register for 10:00 AM
Register for 3:00 PM

Thursday, August 6th
Any Client, Anytime, Anywhere
Register for 10:00 AM 
Register for 3:00 PM 

Wednesday, August 19th
Understanding ESG Investing
Register for 10:00 AM 
Register for 3:00 PM 

Thursday, September 10th
Social Security & Medicare
Register for 10:00 AM 
Register for 3:00 PM 

Wednesday, September 30th
Anticipating the Unexpected
Register for 10:00 AM 
Register for 3:00 PM 

Thursday, October 15th
Arriving at Your Retirement Destination
Register for 10:00 AM 
Register for 3:00 PM 

Thursday, November 19th
Savvy Women, Smart Investors
Register for 10:00 AM 
Register for 3:00 PM 

Wednesday, December 9th
Family Generational Wealth Conversation
Register for 10:00 AM 
Register for 3:00 PM 

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HR Seminars

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To register for a WebEx, please click the link for the time you want to attend (all times listed are CST). This will lead you to a short registration page, enter your information and a calendar invite will be sent to you to save for the time of the seminar.

If you have any questions, please reach out to the host:
Will Howson, Financial Advisor, at GRAT@ml.com.

Wednesday, July 22nd
The Future is Female
Register for 10AM CST 

Wednesday, August 12th
Plan Sponsor Survey Attitudes 2020
Register for 3PM CST 

Wednesday, September 2nd
Practical & Tactical Actions for Plans
Register for 3PM CST 

Thursday, September 24th
The Evolving Workscape
Register for 10AM CST  

Thursday, October 1st
What Makes a Plan Qualified?
Register for 10AM CST 

Wednesday, October 21st
Running SECURE
Register for 10AM CST 

Thursday, November 12th
Actions for Small Business Owners
Register for 10AM CST 

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2020 Events

2020 Elections: The Key Issues & How to Prepare for What May Be Next
Click Here to Watch the Video 


The New Normal Presented by Merrill CIO - Chris Hyzy
Click Here to View & Listen to the Presentation


The Lighthouse and What Lies Ahead by Merrill CIO – Chris Hyzy
Click Here to Listen to the Audio Cast 


The Reflation Triangle by Merrill CIO – Chris Hyzy

Click Here to Listen to the Audio Cast 


Midyear Outlook: A Time of Challenge and Opportunity
Click Here to Watch the Video 

Recognition

Merrill is proud of our advisors who’ve received recognition from industry publications. We believe they are setting the standard for exemplary client service.

Jordan M Gelb

Forbes “Best-in-State Wealth Advisors”  in 2018, 2019 and 2020.

Financial Times –“Top 401 Retirement Plan Advisers” in 2015, 2016, 2017, 2018, 2019 and 2020.

Solutions for Institutions

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For Plan Sponsors

Your role as a plan sponsor is more challenging than ever, and it’s not something to face alone. We bring the resources and thought leadership from Bank of America Corporation and its affiliates to bear in helping you provide a strong, healthy and fully compliant program that runs smoothly, engages your employees and makes your job easier. We can help you focus on the areas that may be helpful to plan success, including Fiduciary Advisory Services 1 and Education and Plan Services 2 appropriate for your plan.

Fiduciary Advisory Services1

Through Fiduciary Advisory Services, we can help you design and maintain an investment menu.
  • Investment Policy Statement (IPS)3
  • Comprehensive due diligence processes to identify appropriate investments 
  • Proactive delivery – online and by your designated advisor – of investment performance reporting every quarter 
  • Report providing fund analysis and market trends.

1 Fiduciary Advisory Services is an investment advisory program sponsored by Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”). Merrill offers a broad range of brokerage, investment advisory and other services. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties. It is important to understand the differences, particularly when determining which service or services to select. All recommendations must be based on the suitability requirements of the client. Please refer to the Fiduciary Advisory Services Brochure for information on the program including a description of the series and related fees.

2 Education and Plan Services are non-fiduciary services required for Advisor Alliance clients and optional for MLII clients.

3 IPS service is not available for FAS Discretionary. The plan sponsor is responsible for the approval and final adoption of the IPS.

For Employees

All our efforts revolve around helping your employees pursue their goals. With Bank of America Corporation’s long legacy of service excellence, we take a holistic approach to helping your employees connect their life priorities and financial priorities—in and beyond their benefit plans. By broadening our view to include an employee’s entire financial picture, both in and out of plan, we believe we can help your employees better manage and gain control of their finances.
 

  • Holistic approach to helping improve overall financial wellness
  • Personalized plan saving and investing advice through Advice Access
  • Comprehensive employee education program
  • Choice of service channels – in person, by phone or self-directed online

Advice Access is an investment advisory program sponsored by Merrill that uses a probabilistic approach to determine the likelihood that participants in the program may be able to achieve their specified annual retirement income goal and/or to identify a potential wealth outcome that could be realized. Additionally, the recommendations provided by Advice Access may include a higher level of investment risk than a participant may be personally comfortable with. Participants are strongly advised to consider their personal goals, overall risk tolerance, and retirement horizon before accepting any recommendations made by Advice Access. Participants should carefully review the explanation of the methodology used, including key assumptions and limitations, which is provided in the Advice Access disclosure document (ADV Part 2A) statement. It can be obtained through Benefits OnLine or through your representative.

IMPORTANT: The projections or other information shown in the Advice Access program regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.

Supporting a strong retirement plan and helping to keep it on track

The retirement and financial needs of your employees, as well as the responsibility those needs create for you as an employer, are important to you. We offer the solutions your employees may need to help pursue their financial goals and maintain financial wellness. Our array of resources and experience is designed to help meet your employees’ financial needs in ways that make sense for your company — strategically, operationally and financially. You and your employees will have a team of experienced and passionate advocates for financial wellness on your side. Our team will make your priorities their own so you can focus more on your business.

DCIC

Through our Defined Contribution Investment Consulting (DCIC) program 1 we can help you construct and maintain an appropriate investment menu and act as an ERISA 3(21) fiduciary 2 for your plan. Our Designated Advisors take the time to understand the needs of your organization and to work with you to develop an investment policy statement and investment menu aligned with your plan’s objectives. Your Designated Advisor remains actively involved with your plan with investment performance reports and advice and guidance as needed to help you manage investments over time.

1  Defined Contribution Investment Consulting (DCIC) is an investment advisory program sponsored by Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S or “Merrill”). It is only available to defined contribution plans, typically with greater than $10 million in assets, for which an external provider serves as recordkeeper (plans with recordkeeping services provided through Merrill or Advisor Alliance are not eligible for DCIC), and subject to certain requirements. For more information on plan eligibility speak to your Merrill Designated Advisor.

2 The Merrill  DCIC Client Agreement and disclosure documents include information about the program, including Merrill’s fiduciary responsibilities pursuant to ERISA section 3(21). Final selection of all investments to be included in the defined contribution plan menu will ultimately be that of the client. Merrill will not advise upon any employer securities, including any employer stock fund, or with respect to any self-direct brokerage option, participant loan balances, in-plan retirement income options, custom funds or Bank of America or Merrill affiliated mutual funds or other affiliated products (including, without limitation, deposit products including Retirement Bank Account).

And More

Beyond our experience, we offer access to the deep intellectual capital and broad capabilities of Bank of America Corporation and its affiliates. If we identify a need we can’t service ourselves, we can connect you with the people and resources to help you. Through our network of advisors, we strive to deliver strategies to help you manage the day-to-day and long-term responsibilities required in pursuing your institution’s goals. As we work together to address your evolving needs, we can make the broad capabilities of Bank of America Corporation feel much more accessible.

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Solutions for Individuals

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Philosophy

No two people are alike. Consequently, there is no single wealth management approach that is appropriate for everyone. What matters most to us is what matters most to you. Once we get to know you, your priorities, your goals, risk tolerance, time horizons, liquidity needs and what you want to accomplish over time, only then can we help you position yourself to identify and address financial challenges and potential opportunities. To that end, we will thoughtfully employ our experience and resources to help guide you as you pursue your goals.

Approach

Wealth Management is a dynamic process. As we focus on you today and help you identify your goals for tomorrow, we can strive to work together throughout life’s ups, downs, triumphs, and transitions. Helping you pursue your goals starts with getting to know you and your family. Our job is to first understand what matters most to you. We will work together to create a financial approach that reflects your investment personality and is built around your life priorities. We will be here to help you make adjustments to your wealth management approach if and when necessary over time.

Capabilities

Our process is designed to help deliver a customized, consistent experience to assist clients not only in wealth accumulation and preservation, but in areas that go beyond investments. Our ability to provide access to the investment insights of Merrill, trust and fiduciary services from Bank of America Private Bank, and the banking convenience and lending solutions of Bank of America offers a way to help clients manage all of the pieces of their financial lives. We view ourselves as a financial resource, helping clients with potential solutions for transferring wealth to the younger generation.

Your approach to investing

Drawing upon research in the field of behavioral finance, Merrill developed the Investment Personality Assessment to help us get to know you better as an investor and potentially help you refine your own investing preferences. By gaining a deeper understanding of how you think and feel about investing through this assessment, we can customize the financial approach we develop together to help you pursue what matters most to you. Our Investment Personality Assessment is one of the ways to help us get to know you - to understand your goals and priorities. These questions will give you a sense of the full assessment and help us provide you with additional insights and resources.

Understanding your goals and priorities

Your life and goals change. We have tools to help you keep track of these changes so they can be reflected in your financial approach.

Staying on Track

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.

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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.

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Changes in your life and to your goals

Your life and goals change. We can help you keep track of these changes so they can be reflected in your financial strategy.

Wealth Management Your Way

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

Your Financial Strategy

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.

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FAMILY
Taking care of your family and other people in your life
  • Trust & Estate Services4
  • Education Funding1
  • Insurance3
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HEALTH
Planning for healthcare expenses now and in the future
  • Long-term Care Insurance3
  • Health Savings Account2
  • Disability Insurance3
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HOME
Upsizing, downsizing, remodeling or buying a vacation home
  • Home Loans2
  • Home Equity Lines of Credit2
  • Securities-Based Lending2
  • Credit Cards2
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WORK
Working in retirement, selling or starting a business
  • Bank of America Business Banking2
  • Exchange Funds1
  • Concentrated Stock Management1
  • Succession Planning1
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LEISURE
Spending your free time in meaningful ways
  • Credit Cards2
  • Securities-Based Lending2
  • Structured Lending2
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GIVING
Volunteering, mentoring others and giving to charities
  • Donor-Advised Funds4
  • Private Foundations4
  • Charitable Trusts4
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FINANCE
Using your finances to bring it all together
  • Merrill Investment Accounts1
  • Investment Advisory Accounts1
  • Alternative Investments1
  • Exchange-Traded Funds1
  • Mutual Funds1
  • Closed-end Funds1
  • Fixed Income Products1
  • Options1
  • Annuities3
  • Impact Portfolios1
  • Market-Linked Investments1
  • Securities-Based Lending2
  • Margin1
  • Home Loans2
  • Bank of America Checking and Savings Accounts2
  • Credit Cards2
  • Online Account Access1,2

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.

Join us

Let’s Have a Conversation

There is no substitute for a one-on-one relationship with a Merrill financial advisor committed to your needs.

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