“Now they can put their toes in the water,” said Tyler, vice president and financial adviser at Houston-based Hulburd/Tyler Group, a wealth management practice under the private banking and investment group at Merrill Lynch.
3. For financial adviser John Tyler, thepast two to three years
have brought a slow return to normalcy.
4. As the recession unfolded, discussionsabout whether the
financial systemwill collapse are largely behind Tylerwho says his
clients can now afford tothink much more rationally, take riskand
expect returns. But the investorswent through a long, trying
mentalprocess to get there, he said.
5. Now they can put their toes inthe water, said Tyler,
vicepresident and financial adviser atHouston-based
Hulburd/TylerGroup, a wealth managementpractice under the
privatebanking and investment group atMerrill Lynch.
6. That might come in the form ofsome high-quality fixed
income,some high-quality municipal bonds.Were now to the point
wheretheyre starting to think about highquality equities that are
going topay them in dividend.
7. Tyler, a 7-year veteran of thefinancial advisory business,
joinedMerrill Lynch three years ago whenhe partnered withJim
Hulburdtoform the Hulburd/Tyler Group inNovember 2009. The
wealthmanagers average 23 clients eachand manage between $25
millionand $50 million per client.
8. The Hulburd/Tyler Group typically has two categories of
clients, energy or technology executives and business owners, Tyler
said. For C- suite executives, the group can deal with concentrated
stock issues, help them create liquidity and perform other wealth
advisory functions. For closely held businesses, the duo helps them
through a process to understandwhether they can sell their business
or walks themthrough a process that teaches them what it means to
run the business with longer-term investment goals in mind.
9. Our experience in planningand executing things is as goodas
anyone in the industry, hesaid.