The Izzo Group

Merrill Lynch

The Izzo Group

Wealth Management Group

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At The Izzo Group, every member of our team is dedicated to helping people achieve their financial goals. We believe every client is entitled to the highest level of personalized service and care. With the global resources of Merrill Lynch, we’ll place you at the center of the wealth management process as we work together to design goals-based financial strategies to help you reach the goals that matter most to you.

The Izzo Group

Extensive capabilities serving exceptional clients

The Izzo Group offers a broad spectrum of financial services and wealth management advice and guidance to a select group of clients. Our mission is to be a steady and insightful resource, helping clients accumulate, preserve, organize and structure their wealth.

Over the years, our wealth management group has become multidimensional. We advise and guide clients in multiple areas of wealth management: asset and liability management, diversified investments, trust and estate planning services, retirement income planning and concentrated stock management, among others. We offer direct access through Bank of America to personal banking, including lending services; and access to commercial banking, including treasury services, cash management and credit and lending.

Client benefits

The Izzo Group:
    • Works to relieve clients of the time burdens associated with structuring their wealth appropriately.
    • Can provide regular, proactive service to address clients' everyday financial needs.
    • Assists in setting and periodically reanalyzing expectations realistically.
    • Debates courses of action with clients and helps them to visualize the alternatives of various financial decisions presented to them.
    • Is candid and helps clients make informed decisions.
    • Is ever-vigilant on behalf of clients to spot investment opportunities and potential risks.
Who we work with — and for
We are proud to serve so many exceptional clients. The core of our base is highly affluent families and individuals, including:
    • Corporate executives from public and privately held companies
    • Financial industry executives
    • Business owners
    • Professional athletes
    • Gaming, Streaming, and eSports professionals
    • Real estate industry entrepreneurs
    • Physicians, attorneys and other professionals
Corporate Advisory Services
Through the resources of Merrill Lynch, we provide businesses with access to corporate advisory services that can help businesses with the following:
    • Qualified retirement plans: 401(k), profit sharing, defined benefit and pension plans
    • Development of investment policy statement strategy and creation
    • Non-qualified deferred and incentive compensation plans.
    • Company stock plans
We can offer access to these services through Bank of America:
    • Corporate cash management and treasury services
While many clients are concentrated in the New York City area, we work with individuals and companies in many different locations.

How we focus on clients

The Izzo Group is process-oriented, and we believe there is value in analyzing complex financial situations in a disciplined, candid way. We apply the same depth of skill to each client, and we leverage the Merrill Lynch platform of products, services, research, specialists and technology for clients' benefit.

Corporate executives and financial industry executives
The Izzo Group is particularly experienced serving as financial advisors to corporate executives (of both public and private companies) and financial industry executives, including senior executives from hedge funds and private equity funds, and senior officers from mutual fund companies, investment banks and other financial industry companies.

Each client is different, of course, but the senior executives we work with share a few characteristics: they are ambitious, successful, savvy – and time-constrained. Because of the demands and pressures of their professional lives, they are simply too busy to devote sufficient time to their own wealth management strategy. An additional common characteristic is that many clients hold significant ownership interests or investment stakes in the companies or funds they work for.

Over the years, these busy executives have relied on The Izzo Group, we believe, to help organize their financial matters and provide turn-key strategic advice and guidance in these crucial areas:
    • Net worth and balance sheet risk analytics
    • Diversified portfolio investments
    • Concentrated wealth strategies
      • Analyzing equity ownership or investment position risk
      • Monetization strategies
      • Tax minimization strategies
    • Corporate stock option and equity compensation strategies
    • Long-term wealth management strategy development
    • Coordination with other professional advisors, including estate attorneys, CPAs and insurance agents, among others

Our Process

Our view is that wealth management extends well beyond transactions and beating market benchmarks. It begins with the development of a strategy, supported by a diversified portfolio of investments, to pursue the financial and life goals that are most important to you.

Our process starts with getting to know as much as we can about you. We want to take an in-depth look at both sides of your personal balance sheet and the dynamics of your life.

With a conceptual picture of you in mind, we next help you develop an investment strategy and design a diversified investment portfolio that embodies that strategy.

To help you monitor and review your progress toward your goals, we will stay in touch with you on a regular basis to present market updates and stay abreast of any changes in your life and circumstances.

The five-step Goals-Based Wealth Management Process illustrates the endeavors we make with you:


We leverage the considerable intellectual capital available through BofA Merrill Lynch Global Research to assist clients in selecting investments for their portfolios. The portfolios are dynamic, and we update asset allocations based on market and sector performance as well as market trends.

*BofA Merrill Lynch Global Research is equity research produced by Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or one or more of its non-U.S. affiliates. MLPF&S is a wholly owned subsidiary of Bank of America Corporation. Any information presented in connection with BofA Merrill Lynch Global Research is general in nature and is not intended to provide personal investment advice. The information does not take into account the specific investment objectives, financial situation and particular needs of any specific person who may receive it. Investors should understand that statements regarding future prospects may not be realized.

Creating Your Investment Portfolio

You can delegate to Peter Izzo and Ian Arellano the investment management responsibilities for your portfolios, meaning they have discretion over certain investment decisions surrounding your investment 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 meet your specific investment objectives. Granting Peter and Ian 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.

When building customized portfolios, we consider investments in a multitude of asset classes, subclasses, sectors, vehicles, and geographies to construct diversified portfolios. In general, we seek to create model portfolios tailored to meet clients' needs by using a disciplined evaluation and selection process. We select the investments for the portfolios and may change the asset allocations from time to time, based on market and sector performance and market trends that are appropriate for the clients we serve.

To help you monitor and assess performance, we will periodically review your portfolio with you. Additionally you will also receive periodic communications including monthly statements, quarterly portfolio summary updates and annual performance reports.

  • We are a team of New York City-based financial advisors, infused with the intensity and energy that comes from working in the financial capital of the world. We believe that we can meet the many levels of financial sophistication required by the complex needs of clientsPeter S. Izzo

Who We Are

Supported by the global resources of Merrill Lynch, our team 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 Financial Advisor if you have questions about how a specialist might be able to assist you.

Michael Saraceno

Michael Saraceno

Senior Wealth Management Lending Officer NMLS # 808005

Your Financial Strategy

We offer you access to the investing insights of Merrill Lynch, trust and fiduciary services from U.S. Trust, 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.

Taking care of your family and other people in your life
  • Trust & Estate Services2
  • Education Funding Strategies1
  • Insurance3
Planning for healthcare expenses now and in the future
  • Long-term Care Insurance3
  • Health Savings Account2
  • Disability Insurance3
Upsizing, downsizing, remodeling or buying a vacation home
  • Home Loans2
  • Home Equity Lines of Credit2
  • Securities-Based Lending2
  • Credit Cards2
Working in retirement, selling or starting a business
  • Bank of America Business Banking2
  • Exchange Funds1
  • Concentrated Stock Management1
  • Succession Planning1
Spending your free time in meaningful ways
  • Credit Cards2
  • Securities-Based Lending2
  • Structured Lending2
Volunteering, mentoring others and giving to charities
  • Donor-Advised Funds2
  • Private Foundations2
  • Charitable Trusts2
Using your finances to bring it all together
  • Merrill Lynch 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

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.

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 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.

Regular reviews to help you stay on track
Regular reviews to help you stay on track

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.

  • Sample client review agenda
  • Sample Wealth Outlook Report
Monitoring changes in your life and to your goals
Monitoring 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.

Access to what you need, when you need it

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

  • Your advisor is never more than a click away within our site or mobile apps
  • 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 Lynch’s asset aggregation tool

*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.

Let’s Have a Conversation

Helping you reach your goals starts with getting to know you personally. Through understanding what matters most to you, we can help you create a financial strategy that reflects your personality. Only then can we offer an approach that is built around your life priorities and the ongoing advice you need to help you manage fluctuations in the market and changes in your life. Let’s work together to help you achieve your goals.

Why Merrill Lynch?

As Merrill Lynch financial advisors, we will sort through the financial complexities of your life, helping you build a customized investment strategy to 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 financial advisor.

Transcript of Video 

Personalized advice from a dedicated financial advisor.

Getting to know you is our primary goal.

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

Drawing from our experience and the best thinking of Merrill Lynch, we will build a strategy that reflects your unique needs, priorities and financial situation.

Adjusting your plan as your life and the markets change.

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