Profile

“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
*Portfolio 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 Counselor™ from the College for Financial Planning Institutes Corp. In October of 2016, Jay earned the prestigious designation of Certified Private Wealth Advisor® from Investments & Wealth Institute™.

*The Wealth Management Lending Officer does not offer investment advice, nor make recommendations on investment products. 

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.