Pompano Beach, FL Office

Team
Updated today
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Merrill

Institution

Firm-wide stats for Merrill

Total advisors

25,562

Across 3,162 offices

Clients per advisor

70 Very Low

Avg AUM per client

$860,085 Very High

HNW client ratio

29% High

About

Merrill, together with its affiliate Managed Account Advisors LLC (MAA), provides managed account services to Bank of America fiduciary clients through the Select Portfolio Solutions (SPS) Program. The firm offers model‑based and discretionary strategies constructed by internal Chief Investment Office (CIO) teams and third‑party style managers and implements trading, account administration and custody support for individuals, high‑net‑worth clients, pension and profit‑sharing plans, corporations and charitable organizations.

Portfolio implementation varies by Strategy: some are model‑based where MAA implements CIO or style manager models, while others authorize third‑party Discretionary Managers to execute trades directly; the CIO also uses strategic and tactical asset allocation and offers “tax aware” versions of related strategies for higher tax‑sensitivity investors. Cash allocations are typically swept through the Bank’s Cash Sweep Program or invested in money market alternatives, and clients can request reasonable investment restrictions (which MAA may accept or decline and may have limited effect where Funds are used).

Several features in the brochure distinguish Merrill from many peers: as part of the Bank of America group it has affiliates that operate in swaps and derivatives markets and it has disclosed planned arrangements to receive “Support Fees” and to offer optional Data Analytics to third‑party firms beginning January 1, 2027 (the brochure notes Merrill will not receive Support Fees for accounts enrolled in the SPS Program). The firm also discloses multiple SEC administrative orders and related enforcement matters (including a 2025 order with a $25 million civil penalty related to cash sweep disclosures), and the Program materials do not present the SPS service as a source of standalone financial planning.

Based on Merrill

Expertise

Tax-loss harvesting Active portfolio management Wealth management

Based on Merrill

Location

Pompano Beach FL

Advisors at this office

2

Advisors at this office

Timothy K

Series 63, Series 65

Pompano Beach, FL

Merrill

Timothy Kane is a Wealth Management Advisor with Merrill Lynch Wealth Management, where he has worked for over 27 years. He serves as the senior partner in the Kane Fasanello Group, specializing in family wealth management strategies, services for endowments, foundations, and non-profits, as well as managing new wealth, personal retirement planning, philanthropic planning, special needs planning strategies, and retirement income. Tim also oversees the professional money managers used by many high-net-worth clients and provides portfolio management services, designing and managing investment strategies customized for clients' goals. He works closely with clients' accounting and legal advisors and with governing boards of not-for-profit organizations to implement comprehensive investment strategies that comply with regulatory requirements. Before joining Merrill Lynch, Tim practiced law with one of Buffalo's largest law firms. He holds a Juris Doctorate from Saint Louis University School of Law, graduating cum laude, and a Bachelor's Degree from Cornell University. Tim is a qualified Portfolio Manager at Merrill Lynch and holds the Personal Investment Advisor (PIA) designation. He is a member of professional organizations including the Bar Association of Erie County and several country clubs in Buffalo. Tim has been active in the Western New York community, serving on the boards of Canisius High School, Cornell University, D'Youville College, the Irish Classical Theatre, and the Buffalo Club. His personal interests include boating, fishing, football, golfing, hiking, ice hockey, reading, running marathons, soccer, and traveling. In 2024, he was named to the Forbes "Best-in-State Wealth Management Teams" list as a member of the Kane Fasanello Group.

Wealth management General estate planning guidance Charitable giving & philanthropy Multi-generational wealth transfer Retirement income strategy

Patrick B

Series 63, Series 65

Pompano Beach, FL

Merrill

Patrick Burke is a Wealth Management Advisor with Merrill Lynch Wealth Management, where he has served since January 1993. He specializes in providing wealth management services to high-net-worth families, businesses, non-profit organizations, and corporate clients. His advisory work encompasses traditional investing with a risk management approach, acquisition financing, estate planning, and philanthropic goals. Prior to his current role, Patrick was a Credit Manager at Norwest Financial, where he advised clients on liability management needs. Patrick graduated in 1989 from Virginia Polytechnic Institute with a B.S. in Business Management. He completed the Business Executive Education program at Wharton and earned his Certified Investment Management Analyst (CIMA) certification in 2007. Additional professional designations include Certified Plan Fiduciary Advisor (CPFA), Personal Investment Advisor (PIA), and Retirement Accredited Financial Advisor (RAFA). His client focus areas include family wealth management, corporate executive services, retirement income planning, and services for endowments, foundations, and non-profits. Residing in Mt. Vernon, VA, Patrick has been active in his local community since 2007 as a soccer and basketball coach at the Lee Mt. Vernon Sports Club. He is also a classic car enthusiast and enjoys sports such as football, basketball, soccer, boxing, ice hockey, and adventure sports. Patrick emphasizes understanding clients' life priorities to create personalized financial plans aligned with their goals and aspirations.

Wealth management Private / alternative investments Business sale tax planning General estate planning guidance Charitable giving & philanthropy
View complete list of advisors at this office
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