Bhatia team manages $3.4 billion and oversees assets for other Merrill clients
Updated
Updated · Barron's · May 8
Bhatia team manages $3.4 billion and oversees assets for other Merrill clients
3 articles · Updated · Barron's · May 8
The 13-person team, based in Chicago and Naples, Florida, serves about 150 families and runs $1 billion for roughly 40 other Merrill advisors' clients.
Raj Bhatia said the discretionary strategies have operated since 2012, with Merrill's Investment Solutions Group formally auditing performance since 2017.
The team combines its own investment approach with Bank of America research, focusing on active management, diversification and economic-profit analysis across public and private markets.
Amidst advisor exits at Merrill, how does a $4.4B family team retain its edge?
Is an 'economic profit' strategy the key to navigating the great $84 trillion wealth transfer?