Cash Flow Is King For This Dallas-Based Merrill Team With $5 Billion For Clients

Crew Identify: Corbellini, Emanuelson, Kalyandurg & Associates

Agency: Merrill Non-public Wealth Administration

Senior Members: William Corbellini, Dwight Emanuelson Jr., Raj Kalyandurg

Crew Measurement: 13

Location: Dallas, TX

AUM: $4.7 billion

Background: All three senior companions began at Merrill and have many years of expertise managing wealth. Earlier than becoming a member of the agency in 1984 and teaming up with Emanuelson, Corbellini had a quick stint within the Air Drive, whereas Kalyandurg—an outlier in a household of docs—joined up in 1997. “Everybody takes a wholesome feeling of possession to every consumer,” speaking to them about all the pieces from well being to generational planning, in accordance with Kalyandurg. The crew focuses on a smaller pool of shoppers than many companies, largely company executives and entrepreneurs but in addition a handful of retired athletes and entertainers.

Aggressive Edge: Corbellini cites his crew’s “capacity to adapt”—because of a wholesome definition of roles and tasks. “You need there to be a minimal quantity of disruption and it’s a must to talk usually with shoppers,” he provides. Whereas markets have been difficult, Corbellini says his crew was ready: “It’s not our first rodeo.”

Funding Philosophy/Technique: “We base all the pieces off money move—discovering out what the wants of a consumer are going to be then selecting an asset allocation with the least danger potential to perform targets,” Corbellini says. “We inform shoppers to have 12 to 18 months of money on the sidelines as a approach to handle danger.” The crew helps shoppers look previous the noise and keep centered on the long-term as a lot as potential.

Funding Outlook: “The market goes to simply be a grind this 12 months—directionless and a bit decrease for so long as the Fed continues to lift charges,” says Emanuelson. “There’s no actual roadmap.” The crew stays optimistic concerning the finish of the 12 months and 2024, nevertheless: “Regardless that everyone seems to be bearish, it’s all the time good to have a little bit of a contrarian push,” provides Emanuelson, predicting that markets will rebound as quickly as they “get a sniff that the Fed will acquiesce” with elevating charges.