Taking care of your family and other people in your life
- Trust & Estate Services2
- Education Funding Strategies1
We take the time to listen and learn about the needs and goals of your institution and its employees – it’s these real-world insights that guide our strategies and personalized service.
800-350-7782 National telephone direct to our team.
Link to download for each of the topics:
2018 Financial Wellness Seminars
HR Continuing Education Seminars
Planning Questionnaire: Short Version
Planning Questionnaire: Detailed Profile Questionnaire
Now more than ever, organizations need help navigating the increasingly complex and changing climate of offering employee benefit plans. Jordan Gelb of the Gelb Retirement Advisory team is among a select and highly qualified group of Merrill Lynch financial advisors who hold the Retirement Benefits Consultant title. With the support of a talented team, we offer an integrated suite of services to assist business owners and corporate professionals with their companies’ Retirement benefits, Non-Qualified Executive and Health Savings Plans (HSA). This allows us to help individuals with their wealth management needs while working with individual investors as well. Equally important, we can help you design effective programs to educate employees and encourage plan participation.
Our deep team of 11 professionals 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 allows our team to forecast, coordinate, & better serve our clients in an array of financial areas including banking, lending, healthcare, retirement income, estate planning, & additional financial services.
Throughout our careers, we have found it immensely satisfying to support the sponsors of plans that started small, grew and thrived. Our goal is to help plan sponsors and participants make informed choices as they pursue their financial goals. Whether your company is considering a plan redesign or conversion, thinking about changing service providers or updating an investment menu, we offer services tailored to your specific needs.
We also provide for an unrelenting focus on financial wellness and education that entails a curriculum including in-person seminars, and also webinars where HR professionals can earn an hour of CE credit, just by sitting at their desk. With our team’s extensive depth, we provide the infrastructure to deliver financial wellness.
The Generational Retirement & Advisory Team draws on our own extensive professional experience and the deep resources of Merrill Lynch 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 suitable 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.
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 Lynch 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 Lynch 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.
Our team is comprised of talented and experienced individuals committed to building strong client relationships based on trust and personalized service.
Gelb Retirement & Advisory Team, when appropriate, works with other advisors and teams for specific clients’ situations.
Matthew Cahan, CPWA®, CRPC®, C(k)P®, CPFA®
We understand the retirement and financial needs of your employees, as well as the responsibility those needs create for you as an employer. We offer the solutions your employees may need to help pursue their financial goals and maintain financial wellness. Our array of resources and expertise 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.
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 Services1 and Education and Plan Services appropriate for your plan.2
1 Fiduciary Advisory Services is an investment advisory service sponsored by Merrill Lynch. It will only be offered to defined contribution plans recordkept by Bank of America Merrill Lynch and plans recordkept by our Advisor Alliance providers. It is available for plans up to $500 million in plan assets. For more information on plan eligibility speak to your Merrill Lynch advisor.
2 Education and Plan Services are non-fiduciary services required for Advisor Alliance plans and optional for MLII plans.
3 The Merrill Lynch Fiduciary Advisory Services Client Agreement and the related fee schedule and the Merrill Lynch Fiduciary Advisory Services program Brochure and other disclosure documents include information about the program, including Merrill Lynch’s fiduciary responsibilities pursuant to ERISA section 3(21).
4 Merrill Lynch and its representatives [or advisors] will provide investment advice or recommendations solely on a nondiscretionary basis with regard to qualified retirement plans. All discretionary and investment decisions concerning qualified plans, including which investments to offer under a qualified plan and approval of the IPS, are to be made solely by the plan sponsor. Please see the Merrill Lynch Fiduciary Advisory Services program Brochure for additional information.
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.
1The Advice Access service uses a probabilistic approach to determine the likelihood that participants in the service may be able to achieve their stated 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 statement. It can be obtained through Benefits OnLine® or through your representative.
IMPORTANT: The projections or other information shown in the Advice Access service 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.
Advice Access is an investment advisory program sponsored by Merrill Lynch. Merrill Lynch 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 Advice Access Brochure for information on the program including a description of the services and related fees.
Advice Access is only offered to defined contribution plans recordkept by Bank of America Merrill Lynch. For more information on plan eligibility speak to your Merrill Lynch advisor.
To help you meet your fiduciary responsibilities, we can offer investment solutions which are vetted by the investment due diligence process of the Chief Investment Office (CIO). Merrill Lynch will accept ERISA 3(21) fiduciary responsibility for the investment advice provided through DCIC. We believe that putting the expertise of a specialized Merrill Lynch financial advisor to work for your plan is a smart solution to help you meet your fiduciary responsibilities. We can offer thoughtful advice on how to create an investment lineup that fits your organization’s needs, as well as provide support to help manage investments over time.
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 myself, 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.
No two people are alike. Consequently, there is no singular wealth management strategy or tactic 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 opportunities. To that end, we will thoughtfully employ our experience and resources to help guide you as you pursue your goals.
Wealth Management is a dynamic, ongoing 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. Our job is to first understand what matters most to you. We will work together to create a financial strategy that reflects your investment personality and is built around your life priorities. We will be here to help you make adjustments to your unique wealth management strategies if and when necessary over time.
Our process is designed to deliver a customized, consistent experience to assist clients not only in wealth accumulation and preservation, but in areas that go beyond portfolio management. Our ability to provide access to the investment insights of Merrill Lynch and the banking convenience of Bank of America offers a way for clients to manage all of the pieces of their financial lives. We can be a financial resource, helping clients with the process of transferring wealth to the younger generation.
Drawing upon research in the field of behavioral finance, Merrill Lynch 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 strategy we develop together to help you with your approach for what matters most to you. Our Investment Personality Assessment is one of the ways to help me 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.
Your life and goals change. We have tools to help you keep track of these changes so they can be reflected in your financial strategy.
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 strategy, our goal is to help give you peace of mind* that you're on track to help achieve what's most important to you.
We'll meet with you periodically to review your goals and the progress you’ve made toward reaching them. We'll also discuss any adjustments needed to your financial strategy to help you stay on course.
MyMerrill is your destination for access to your financial information, secure communications, and a robust offering of tools and capabilities.
*Peace of mind is an aspirational state of mind that clients hope to achieve. There are no guaranteed results following completion of the Goals-Based Wealth Management process because markets can fluctuate and investments can lose value. Advisors work with clients to help them understand how the goals based wealth management process can help to address their concerns, financial situation and priorities.
We offer you access to the investing insights of Merrill Lynch 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.
1Investment products are offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated.
2Banking products are offered by Bank of America, N.A.
3Insurance and annuity products offered through Merrill Lynch Life Agency Inc.