"The only constant in life, apart from taxes, is change."

Our wealth management practice is focused on cultivating lifelong relationships that place the interests of clients first. That's why we operate across multiple generations, helping high-net-worth investors determine where to allocate their wealth at what time. We help achieve a consistent outcome by adhering to the following three steps:

1. First, the Wolff Group engages all clients in an active dialogue to develop a thorough understanding of every life goal, investment objective and tax consideration.

2. Next, we analyze the information and create a customized wealth management plan that spans the client's complete monetary lifecycle. This includes the generation of cash flow, net worth and projected income statements.

3. Following this process, we develop an investment management strategy and help to ensure that all goals are met by hosting periodic performance and goals-based reviews.

This wealth management process is backed by Merrill’s proprietary technologies, highly-rated securities research, access to specialists in a variety of areas, and a comprehensive range of investments, accounts, services and fee structures.



*Any information presented in connection with BofA 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. BofA Global Research is research produced by BofA Securities, Inc. (“BofAS”) and/or one or more of its affiliates. BofAS is a registered broker-dealer, Member SIPC, and wholly owned subsidiary of Bank of America Corporation. BofA Global Research does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision.

"Risk management is the cornerstone of long-term growth."

Our family office approach to investing is holistic, tax-efficient, disciplined and proactive. We typically begin with a top-down analysis of your balance sheet, and combine an understanding of you with forward-looking insights that reflect our strong convictions about asset classes, markets, economies, sectors, countries and currencies.

Supported by Merrill’s Chief Investment Office, top-ranked global equities research and a large team of analysts and specialists, we also will collaborate with your outside advisors - such as attorneys or accountants - to keep pace with changing financial market conditions and changes in your life. If your circumstances change over time, or new opportunities arise, we'll be there to adjust your plan and make sure it's on track.

*Global Wealth & Investment Management (GWIM) is a division of Bank of America Corporation. The Chief Investment Office, which provides investment strategies, due diligence, portfolio construction guidance and wealth management solutions for GWIM clients, is part of the Investment Solutions Group (ISG) of GWIM.

*Any information presented in connection with BofA 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. BofA Global Research is research produced by BofA Securities, Inc. (“BofAS”) and/or one or more of its affiliates. BofAS is a registered broker-dealer, Member SIPC, and wholly owned subsidiary of Bank of America Corporation. BofA Global Research does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. 

*Institutional Investor magazine announced BofA Global Research as one of the Top Global Research Firms in 2021 based on surveys held throughout the year. The magazine creates rankings of the top research analysts in a wide variety of specializations, drawn from the choices of portfolio managers and other investment professionals at more than 1,000 firms. BofA Global Research is research produced by BofA Securities, Inc. (“BofAS”) and/or one or more of its affiliates. BofAS is a registered broker-dealer, Member SIPC, and wholly owned subsidiary of Bank of America Corporation. For more information, visit Institutional Investor. Rankings and recognition from Institutional Investor are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement.

"We bring a full suite of solutions to your doorstep."

Drawing on our unparalleled resources across the nation's 2nd largest bank, the Wolff Group operates as a one-stop-shop for managing the various aspects of wealth. We regularly assist clients with the following wealth management topics: 

Asset Preservation Strategies - creation of living and irrevocable trusts, access to full service estate planning, dynasty trusts, grantor trusts, trusteed IRAs. Access to Bank of America Private Bank (formerly U.S. Trust), the nation's oldest and most prestigous trust institution. Control of how your wealth will be distributed to beneficiaries and heirs.

Business and Commercial Banking - support of your small, mid-size or large business through the merchant services and lending capabilities of Bank of America. Assistance with selling your business or transitioning ownership to the next generation when the time is right. Wire transfers and cash management for account balances of all sizes. Investment banking and pre-post IPO preparation.

Comprehensive Family Planning - educational services for children of all ages, facilitation of discussions across multiple generations to map out philanthropic objectives, access to tax-efficient college savings plans such as 529s, Coverdell's or UGMA/UTMAs. 

Executive Compensation Planning - development of a strategy for your concentrated stock options including 83(b) elections, access to ULTRA (a specialized unit within Bank of America), exchange funds for diversifying your portfolio without the realization of capital gains.

Insurance Planning - review of your current policies including term, whole life, variable life and disability. Annuities and Long-Term Care applicability discussions, assurance that your dependents will be well taken care of following a significant life event that disrupts earnings potential. 

Lending and Liquidity Services - competitive rates on home financing through Bank of America (NMLS: 1459519), HELOCs, reverse mortgages, personal loans on investment portfolios, lending on private collections including artwork and airplanes.

Philanthropic Services - creation and administration of Donor Advised Funds (DAFs), Private Foundations and Irrevocable Life Insurance Trusts. Use of your appreciated stock to support nonprofits and charities.  
 
Retirement Planning - mapping of your current and projected income, expenses, assets and liabilities using proprietary Merrill wealth management software. Establishment of an investment strategy and action plan to help ensure that your goals will be achieved both pre and post retirement.

White Glove Customer Service - automated bill pay, access to MyMerrill and MyFinancialPicture, concierge services for booking vacations, hotels or rentals. Access to specialized banking services and credit cards through Bank of America, never step foot in a commercial bank branch again.

"Your wealth should remain exactly that - yours."

Our fee schedule is designed to be all-inclusive, transparent and competitive. By collaborating with our team you will know exactly how much you're paying each month, how much you're saving and what is included in your service model. A typical client pays the following:

Assets <$3,000,000: 1.50% annually
Assets >$3,000,000 and <$5,000,000: 1.25% annually
Assets >$5,000,000 and <$7,000,000: 1.00% annually
Assets >$7,000,000 and <$10,000,000: .75% annually or less
Assets <$10,000,000: Less than .75% annually

These rates cover the costs of all investment transactions, and provide your family with the full-time support and backing of a CERTIFIED FINANCIAL PLANNER™ certificant, CERTIFIED PRIVATE WEALTH ADVISOR® designee, a Juris Doctorate and access to our large team of dedicated in-house wealth management specialists. Moving forward, your family will always be supported by a veritable array of experienced Merrill advisors, planners and investors who know your name, situation and care about your outcomes.


*Our team does not provide legal advice in our current roles with Merrill Lynch Wealth Management.

Focus On Individuals, Families and Small Businesses

We believe that financial success can be achieved when you’re able to make investment-related decisions and trade-offs that can help you reach personally meaningful goals. So whether you’re planning your retirement, saving to buy a home or fund a child’s education, We start by getting to know you and how you feel about the following seven life priorities.

• Health: Managing healthcare expenses, now and in the future
• Home: Upsizing, downsizing, remodeling or buying a vacation home
• Family: Taking care of your family and other people in your life
• Leisure: Spending your free time in meaningful ways
• Giving: Volunteering, mentoring others and giving to charities
• Work: Working in retirement, selling or starting a business
• Finance: Bringing it all together and defining your financial goals

This material should be regarded as general or educational information on healthcare or Social Security considerations and is not intended to provide specific healthcare or social security advice. If you have questions regarding your particular situation, please contact your legal or tax advisor.