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Q.Why should I
utilize the services of Merrill Lynch Wealth Management?
With markets becoming volatile and uncertain, it has become necessary for individual investors to be cautious while investing their savings. The services of a professional Private Wealth Manager can help you to plan ahead before investing by keeping your financial goals in mind - whether it is building a house, saving for child's education or providing for post-retirement expenses.
Over time, we help you build a portfolio constituted of quality debt and equity instruments. You will not be required to spend time tracking your investments made through us - we have professionals who will track these investments for you, and give you timely recommendations.
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Q.
Is there a minimum amount I need to invest to be eligible for your Personalized Services?
At present, Merrill Lynch offers only non-discretionary investment advisory services. All client applications are screened by the office management, for eligibility criteria, client suitability on a case by case basis.
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Q.
What service fee would I be required to pay for utilizing your services?
We have a flexible fee structure based
on mutually agreeable terms that is dependent upon the type of
services required.
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How frequently do I get to know how my investments made through you, are faring?
Generally clients receive quarterly statements. Portfolio reviews are conducted quarterly. However, our Private Wealth Managers are accessible to clients at all times.
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Q.
How confidential are my investments?
One of our key principles is client confidentiality. Once you have enrolled with us, only the concerned Private Wealth Manager, his team and the office management would have access to your account. Unless required by statute, we would not reveal your identity and investments to anyone else within or outside the organization.
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Q. What kind of risks would I be taking while investing?
All investments are subject to risks. However, the degree of risk depends on the nature of investment market conditions, product type, return expectations and liquidity consideration.
Fixed income (or debt) investments are generally less risky than equity investments. However, it is very important, even while making fixed income investments, to analyze the creditworthiness of the issuer and the effect of market forces on the debt security. Equity investments, on the other hand, are continuously exposed to the volatility in the stock market.
While investing it is therefore essential that you don't always expect high returns without fully understanding the risks associated with your investments. A professional Private Wealth Manager at Merrill Lynch will help you build a portfolio from investment options carrying different risks, so that the overall portfolio risk closely matches your risk-bearing appetite to help you meet your investment objectives.
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Would allocation of funds and changes to my investment portfolio be subject to my consent, or would it be at the discretion of my Private Wealth Manager?
We are offering broking and investment advisory services, which means that your money will be directly invested in the various investments chosen by you. While the Private Wealth Manager will advise on a customized asset allocation for you and recommend changes in the allocation from time to time, you will have the ultimate authority to decide the final allocation, and any changes in your portfolio would therefore also require your prior approval.
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Q. What is the procedure for applying to your Personalized Investment Services?
The procedure is fairly simple. If you wish to avail of our services, please write to Merrill Lynch Wealth Management at
askdspmlonline@ml.com.
After an initial meeting, you will be assigned a Private Wealth Manager who will draw a profile in consultation with you. You will be required to fill out our Client Profile Form and furnish necessary documentary details.
Thereafter, your Private Wealth Manager will stay in touch with you for ongoing investments.
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Q. Do you assure any returns on the
portfolio handled by you ?
While it is our sincere endeavor that
all our clients earn healthy returns on their investments, we do not
guarantee any returns on the investments advised by us. Through
profiling, we aim to understand your financial needs and investment
objectives better, and through our research and committed service,
we aim to help you build a portfolio commensurate with your risk
tolerance and investment objectives.
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