Taking care of your family and other people in your life
- Trust & Estate Planning Services4
- Education Funding1
Merrill is proud of our advisors who’ve received recognition from industry publications. We believe they are setting the standard for exemplary client service.
Forbes “Best-in-State Wealth Advisors” 2018, 2019 and 2020
“An investor without investment objectives is like a traveler without a destination.”
Jay has been a part of the financial services industry since 1992 and joined Merrill Lynch Wealth Management in June of 2010. He focuses on clients’ goals and concerns, offering the goals-based wealth management process, global resources and up-to-the-moment Web technology that complement his ability to help clients pursue the financial lifestyle that is most meaningful to them.
Jay is a problem solver who works to simplify high-net-worth clients’ financial lives. He assists clients in identifying and prioritizing their various goals—including estate planning services, education funding, investments, tax minimization strategies, wealth transfer and retirement income—then developing strategies that may be customized to fit their personal circumstances and their own unique feelings and attitudes. He is also a firm believer in paying close attention to both sides of a client’s balance sheet, You may also benefit from the experience of a Wealth Management Lending Officer from Bank of America, N.A. who can provide strategic and personalized home financing guidance focused on your needs. He works hard to gain clients’ trust and is committed to helping optimize their resources so they can make the most of what they have.|I help my clients make smart decisions about their money so they can spend more time doing what they love. My approach to wealth management enables you to organize your wealth so that all the components of your financial life work together toward achieving the goals you most want for yourself, your family and your community. This means having all of your challenges addressed and your entire financial situation enhanced. It goes beyond traditional investment ideas to encompass all types of financial needs throughout all phases of your life.
Clients and their needs are more complex than our industry has acknowledged. Traditional wealth management relies heavily on asset class optimization. Its task is to find the best returns for a set of investments at an acceptable level of risk. But this approach often fails to adequately take into account a client’s financial goals and personal priorities.
Goals based wealth management (GBWM) offers a focused, consistent approach that can help uncover a deeper understanding of our client’s goals and priorities, and develop strategies tailored to best achieve each goal. Using this consultative approach, by contrast, our client can take into account unique specifications of the financial dimensions of his or her goals and risk attitude with respect to each goal.
Furthermore, GBWM can be used to manage a client’s personal balance sheet and cash flows to achieve goals that span multiple time horizons and life stages. Since each client goal can have a distinct personal meaning and importance, it is logical that associated risk attitudes vary across goals. Unlike traditional asset allocation, in which accounts and products are managed independently of human capital (earning potential), financial assets and goals, GBWM considers all assets, liabilities and goals together. Consequently, with GBWM, portfolio construction strategies can be customized to each client’s personal needs and preferences. Doing so makes it easier to structure, track and adapt the plan of action best suited to each individual client.
I welcome the opportunity to see how I may be of assistance to you. Please feel free to contact me.
*Goals Based Wealth Management
*Estate & Trust Services
*Personal Retirement Strategies
*Small Business Retirement Plans
Jay is a specially qualified Senior Portfolio Manager who, in addition to providing traditional advice and guidance, can help clients pursue their objectives by building and managing his own personalized or defined strategies, which may incorporate individual stocks and bonds, options, and third-party investment strategies. Senior Portfolio Managers are provided a high degree of flexibility in constructing portfolios and selecting securities. When servicing clients through the firm’s Investment Advisory Program, a Senior Portfolio Manager may manage his strategies on a discretionary basis. After meeting certain additional requirements, a Senior Portfolio Manager may use his own strategies to manage the assets of other Merrill Advisors’ clients. Jay works to provide an exceptional level of client care and service, and he invites you to contact him to see how his knowledge and service can help meet your financial needs.
Jay began his career in the financial industry with Prudential Securities in 1983 as a technologist. Over the next 10 years Jay worked at JP Morgan & First Boston where he was instrumental in the development of state of the art, computerized portfolio trading systems. In 1992, he joined the Lehman Brothers Investment Banking Division of Shearson Lehman Brothers as a Financial Consultant to offer clients a wide range of financial services. Jay finished first in his training class of 160. In 1994, he was certified as a Portfolio Manager with the Smith Barney's Portfolio Management Group. In June 2008, Jay earned the designation of Chartered Retirement Planning CounselorSM from the College for Financial Planning. In October of 2016, Jay earned the prestigious designation of Certified Private Wealth Advisor® from Investments & Wealth Institute™.
Community involvement is an integral part of how we interact with clients and communities. We are enthusiastically involved with volunteering and fundraising for organizations such as Special Strides, UJA Federation in the Heart of NJ . Let us show you how our professionalism and dedicated client service could benefit you and your family. Contact us at your earliest convenience.
CUNY Brooklyn College
Sheepshead Bay High School
Forbes' "America's Top State-by-State Advisors"
Forbes "Best-in-State Wealth Advisors"
Learn about the MyMerrill Mobile App.
Supported by the global resources of Merrill, my team is comprised of talented and experienced individuals committed to building strong client relationships based on trust and personalized service.
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.
Wealth Management Lending Officer
Bank of America, N.A.
Bank of America, N.A.
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.
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
Helping you reach your goals starts with getting to know you personally. Through understanding what matters most to you, together I can help you create a financial approach that reflects your personality. Only then can I 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.