Merrill Wealth Management has announced a new Ultra-High-Net-Worth (UHNW) Advisory Group to deliver wealth and investment services. This advisory group aims to deliver personalized portfolio solutions through custom asset allocation, multi-asset portfolio construction, traditional and alternative investment manager selection, and other custom solutions that fit its client’s needs.
“Rapid wealth creation, more intricate financial situations and the importance of generational wealth transfer is creating a need for more advanced guidance for our UHNW clients’ wealth management needs,” said head of capital markets investor solutions, Rob Romano, in a statement.
Led by Romano, the group of 25 Merrill specialists also will serve as the contact point for advisers to identify opportunities for their client, including Bank of America’s custom lending, Bank of America Private Bank’s trust and estate services, philanthropy, art services, and family office solutions.
