Jones, Zafari, Klein, Tournat & Castagnola Group, Private Wealth Advisors

Richard Jones ( view profile )
Private Wealth Advisor

(310) 407-4925

Reza Zafari ( view profile )
Private Wealth Advisor

(310) 407-4923

Jerry Klein ( view profile )
Private Wealth Advisor

(310) 407-4919

Tom Tournat ( view profile )
Private Wealth Advisor

(310) 407-4917

Joseph Castagnola ( view profile )
Private Wealth Advisor

(858) 587-4525

Dave Niehaus ( view profile )
Investment Associate

(310) 407-4918

Eleni Mavromati ( view profile )
Investment Associate

(310) 407-4913

Audney DePaulo ( view profile )
Investment Associate

(310) 407-4906

Ryan McDowell ( view profile )
Sr Financial Analyst

(310) 407-4911

Elisa Esparza ( view profile )
Sr Private Wealth Assoc

(858) 587-4523

Judith Ignacio ( view profile )
Sr Private Wealth Assoc

(310) 407-4920

Lisa Jurado ( view profile )
Private Wealth Assoc

(310) 407-4905

Jacki Lewis ( view profile )
Reg Private Wealth Assoc

(310) 407-4916

Lily Masutani ( view profile )
Reg Private Wealth Assoc

(310) 407-4921

Chrisanna Northrup ( view profile )
Sr Private Wealth Assoc

(858) 587-4526

Lisa Young ( view profile )
Private Wealth Assoc

(310) 407-4922

Samuel Bennett ( view profile )

(310) 407-4907

Wil Byers ( view profile )
Reg Financial Analyst

(310) 407-4908

Jose Govea ( view profile )
Sr Financial Analyst

(310) 407-4910

Robert Maki ( view profile )

(858) 587-4509

Fraser McAlpine ( view profile )
Sr Financial Analyst

(310) 407-4909

Parker Bush ( view profile )
Reg Financial Analyst

(858) 587-4504

Jenna Mai ( view profile )
Private Wealth Assoc

(310) 407-4915

Our Latest Thinking

Our Latest Thinking

See what BofA Merrill Lynch Global Research experts have to say and start a conversation with your Private Wealth Advisor Team.

View All of Our Latest Thinking
Jones, Zafari, Klein, Tournat & Castagnola Group

Jones, Zafari, Klein, Tournat & Castagnola Group

Private Wealth Advisors

2049 CENTURY PARK EAST 
Floor No. 11
LOS ANGELES, CA 90067 

Phone(888) 845-1961

The Jones Zafari Klein Tournat & Castagnola Group

Our group of investment professionals provides financial services and strategies for ultra-affluent individuals, families, corporations, endowments, and foundations. Ninety clients have entrusted us with $15 billion in assets as of January 1st, 2014. Clients include entrepreneurs, Fortune 500 executives, media personalities, non-profit organizations, and owners of private corporations; accounts range in size from $10 million to over $1 billion.

Our team has received a number of accolades:

  • Barron’s magazine, “Top 100 Financial Advisors nationally,” 2005 – 2013.1
  • Barron’s magazine, “Top 1000 Financial Advisors State-by-State,” 2009 – 2013.2
  • The Financial Times, "Top 400 Advisors," 2013.3
  • Registered Rep magazine, “Top 100 Wirehouse Advisors in America,” 2007 – 2012.4
  • Depth of Experience

    Our team draws upon the combined talents and efforts of 22 individuals. The breadth of our group enables us to provide clients with in-depth knowledge within an intimate, attentive framework that is highly focused on their needs. Each client has direct, one-on-one access to a partner of our group. The immediacy of this relationship, combined with the scope of our services, creates a powerful dynamic that seeks to enhance, organize, and streamline clients’ financial lives.

    Focused Attention

    We inherently recognize that the needs and desires of high-net-worth clients are distinctive, requiring the upmost professionalism, discretion, and focus. Our strategies and offerings are designed to address clients’ complex, wide ranging financial needs:

  • Investment management
  • Trust and estate planning strategies
  • Brokerage
  • Tax-effective hedging and diversification strategies
  • Credit and banking needs
  • Family office services
  • Dedicated Investment Analysis

    The open investment platform within Bank of America Merrill Lynch enables our group to access investment strategies wherever they are housed. Given the size and scale of our group, we have dedicated resources for investment manager due diligence. Our team conducts over 1,000 calls and meetings with investment managers each year. This commitment to investment analysis provides us with valuable insight into market conditions, investment capacity, new investment strategies, and rising talent. We parlay this knowledge into timely strategic and tactical investment approaches that seek to enhance portfolio returns while dampening risk.

    Investment Philosophy

    We believe that maintaining a contrarian mindset and embracing flexibility are key activities of portfolio construction. The investment goal for our strategies is to provide market-driven returns, with size, style and geographic diversification. We seek to bolster returns through tactical allocations, providing a broad range of investment choices to serve client needs.

    ________________________________________________

    12005 – 2013 Top 100 Advisor Methodology Summary: Advisors considered for the "America's Top 100 Financial Advisors list" ranking have a minimum of seven years financial services experience and have been employed at their current firm for at least one year. Quantitative and qualitative measures used to determine the Advisor rankings include client assets, return on assets, client satisfaction/retention, compliance records, and community involvement, among others. Barron’s does not receive compensation from Advisors, participating firms and their affiliates, or the media in exchange for rankings. Barron’s is a trademark of Dow Jones & Company, Inc. All rights reserved.

    22009 – 2013 Top 1,000 Advisor Methodology Summary: Advisors considered for the "America's Top 1,000 Advisors: State-by-State" ranking have a minimum of seven years financial services experience and have been employed at their current firm for at least one year. Quantitative and qualitative measures used to determine the Advisor rankings include: client assets, return on assets, client satisfaction/retention, compliance records, and community involvement, among others. Barron’s does not receive compensation from Advisors, participating firms and their affiliates, or the media in exchange for rankings. Barron’s is a trademark of Dow Jones & Company, Inc. All rights reserved.

    3The Financial Times Top 400 Financial Advisors, April 11, 2013. The Top 400 list is based in large part on data gathered from and verified by broker-dealer home offices, and, as identified by the FT, reflected each advisor’s performance in six primary areas, including assets under management, asset growth, compliance record, experience, credentials and accessibility. The full methodology is published here: http://www.money-media.com/ft400.shtml.

    4Advisors on the Top 100 Wirehouse Advisors in America list are ranked exclusively by assets under management custodied at the four wirehouse firms. Only advisors for whom 60 percent or more of assets correspond to retail clients were eligible for the list. REP. magazine and wealthmanagement.com do not receive any compensation from financial advisors, participating firms and affiliates, or the media in exchange for rankings.

    Richard Jones

    Private Wealth Advisor

    Richard focuses on asset allocation, trust services, and credit products, having worked in these areas since 1980. Richard held tenures with J.P. Morgan and Bank of America before joining Merrill Lynch in 1999. Richard has spent his entire career working with high-net-worth individuals, foundations and pension funds. He received his master’s degree in International Finance from Columbia University in 1980 and his undergraduate degree from Boston University, where he graduated Magna Cum Laude. Richard is the Chairman of the Advisory Council To Management for Merrill Lynch Private Banking & Investment Group, is a member of the board of Los Angeles Opera, Los Angeles Music Center, Bet Tzedek Legal Services, LA Opera Council, LA Philharmonic Association (Board of Overseers), and President of the LA Music Center Leadership Council.

    ViewAllProfiles
    Richard Jones is registered to do business in:AR, AZ, CA, CO, CT, DC, DE, FL, HI, IL, LA, MA, MD, MN, MO, MT, NC, NH, NJ, NV, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA, WV
    Close

    Reza Zafari

    Private Wealth Advisor

    Reza has worked in private investment services since 1984. He concentrates on equity portfolio management, private equity, and diversification strategies. He spent three years at J.P. Morgan in Los Angeles, where he managed all private banking services for the West Coast South Region, including securities brokerage, investment advisory, trust and estate, and credit groups before moving to Merrill Lynch in 1999. Reza also worked for 12 years at Goldman Sachs & Co. and Credit Suisse First Boston in Private Client Services. Reza received his M.B.A. from the Anderson School at UCLA and his B.A. in Economics from Pomona College. He is on the Board of Trustees of Pomona College.

    ViewAllProfiles
    Reza Zafari is registered to do business in:AR, AZ, CA, CO, CT, DC, DE, FL, HI, IL, LA, MA, MD, MN, MO, MT, NC, NH, NJ, NV, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA, WV
    Close

    Jerry Klein

    Private Wealth Advisor

    Jerry has worked in investment management consulting since 1994, with a focus on alternative investments including currencies, hedge funds, private equity and commodities. Jerry advised private clients as a Vice President at J.P. Morgan Securities and as an Associate with Credit Suisse First Boston before moving to Merrill Lynch in 1999. He is a portfolio manager for the team’s alternatives strategy within the Merrill Lynch, PIA program. Jerry received his M.B.A. from the Anderson School at UCLA and graduated Cum Laude with a degree in history from the University of Chicago.

    Note: Some or all alternative investments may not be suitable for certain investors.

    ViewAllProfiles
    Jerry Klein is registered to do business in:AR, AZ, CA, CO, CT, DC, DE, FL, HI, IL, LA, MA, MD, MN, MO, MT, NC, NH, NJ, NV, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA, WV
    Close

    Tom Tournat

    Private Wealth Advisor

    Tom focuses on diversification strategies for large single-stock positions, and trust and estate planning strategies. He has been advising high-net-worth clients since 1989. Prior to moving to Merrill Lynch in 1999, Tom was a Vice President at J.P. Morgan Securities in Los Angeles. His career also includes tenures with a commercial investment real estate firm, and the M&A group of a global accounting firm. He received an M.B.A. from the Anderson School at UCLA and a B.A. in business economics with honors from the University of California at Santa Barbara.

    ViewAllProfiles
    Tom Tournat is registered to do business in:AR, AZ, CA, CO, CT, DC, DE, FL, HI, IL, LA, MA, MD, MN, MO, MT, NC, NH, NJ, NV, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA, WV
    Close

    Joseph Castagnola

    Private Wealth Advisor

    Joseph joined Merrill Lynch in 1999, and has been working with the team since 2006. He began his financial services career in the insurance industry, where he focused on pension consulting, defined benefit and defined contribution sales. Joseph applies his institutional consulting experience to constructing, implementing and monitoring financial strategies designed to meet unique client objectives in the areas of tax minimization, wealth transfer, insurance, investments, and liability management. He is a portfolio manager for the team’s alternatives strategy within the Merrill Lynch, PIA program. He received his B.A. from the University of California at Davis, where he studied political science and economics. He holds the Certified Investment Management Analyst® (CIMA®) designation and the CFP® certification awarded by the Certified Financial Planner Board of Standards, Inc.

    Note: Some or all alternative investments may not be suitable for certain investors.

    ViewAllProfiles
    Joseph Castagnola is registered to do business in:AR, AZ, CA, CO, CT, DC, DE, FL, HI, IL, LA, MA, MD, MN, MO, MT, NC, NH, NJ, NV, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA, WV
    Close

    Dave Niehaus

    Investment Associate

    Dave began his career as an analyst at JPMorgan in 1996, and moved with his current partners to Merrill Lynch in 1999. He has extensive experience advising private clients and institutions, with a particular focus on asset allocation strategy, global equity portfolio management, and investment manager selection. He currently oversees the team’s asset allocation process. Dave holds the Chartered Financial Analyst® (CFA®) designation. He received his B.A. from Claremont McKenna College, where he graduated Cum Laude.

    ViewAllProfiles
    Close

    Eleni Mavromati

    Investment Associate

    Eleni began her career as an investment banking analyst at Morgan Stanley. She held successive positions in the equity research division as an associate covering gold and non-ferrous metals, and as a member of the model portfolio research team. Eleni joined Merrill Lynch in 2002. As head of the team’s Fixed Income group, she focuses her attention on the team’s fixed income strategies and credit opportunities strategies. She also co-manages the credit opportunities strategy. She graduated Cum Laude with a B.A. in Economics and Psychology with Honors from Smith College and received her M.B.A. from Stanford University’s Graduate School of Business.

    ViewAllProfiles
    Close

    Audney DePaulo

    Investment Associate

    Audney worked in institutional equity management prior to joining Merrill Lynch in 2004. In addition to servicing clients, he also assists in the management of the team’s alternatives strategy within the Merrill Lynch, PIA program*. He received his B.A. from the University of Arizona and his M.B.A. from the University of Southern California.

    *Some or all alternative investments may not be suitable for certain investors.

    ViewAllProfiles
    Close

    Ryan McDowell

    Sr Financial Analyst

    Ryan began his financial services career in 2006 after earning his B.A. in Political Science and Sociology from Amherst College. He joined the team in 2007 as part of the Fixed Income investment team and helped to manage the Fixed Income, Balanced Plus, and Credit Opportunities strategies. Ryan works closely with clients advising them on portfolio strategies and trust and estate planning matters. He also counsels a number of institutional clients, assisting them with endowment and cash-management strategies.

    ViewAllProfiles
    Close

    Elisa Esparza

    Sr Private Wealth Assoc

    Elisa joined Merrill Lynch in 1999, and has been working with the team since 2009. She has worked in the financial services industry since 1979, with tenures at Torrey Pines Securities, Smith Barney, UBS, and Bateman Eichler Hill Richards. Her primary responsibilities are client relationship management and servicing of accounts.

    ViewAllProfiles
    Close

    Judith Ignacio

    Sr Private Wealth Assoc

    Judith joined Merrill Lynch in 1997. She has been working with the team since 2009. Judith began her financial services career in 1994 with Prudential Securities. Her primary responsibilities are client relationship management and the servicing of accounts. She holds a B.A. in Business Management from De La Salle University, Manila, Philippines.

    ViewAllProfiles
    Close

    Lisa Jurado

    Private Wealth Assoc

    Lisa joined Merrill Lynch in 2010 after working in the automotive and insurance brokerage industries. She is responsible for client relationship management and team administrative duties.

    ViewAllProfiles
    Close

    Jacki Lewis

    Reg Private Wealth Assoc

    Jacki joined Merrill Lynch in 1999, and has been working with the team since 1996. Jacki focuses on client relations, quality control and team management.

    ViewAllProfiles
    Close

    Lily Masutani

    Reg Private Wealth Assoc

    Lily joined Merrill Lynch in 1993. Her primary responsibilities are client relationship management and servicing of accounts. She received her B.S. in Business Administration from the University of Southern California.

    ViewAllProfiles
    Close

    Chrisanna Northrup

    Sr Private Wealth Assoc

    Chrisanna joined Merrill Lynch in 1995. She has been working with the team since 2006. Chrisanna’s primary responsibilities are client relationship management and the servicing of accounts.

    ViewAllProfiles
    Close

    Lisa Young

    Private Wealth Assoc

    Lisa joined Merrill Lynch in 2000. Her primary responsibilities are client relationship management and the servicing of accounts. She received her B.A. in Political Science from University of California Los Angeles.

    ViewAllProfiles
    Close

    Samuel Bennett

    Sam joined Merrill Lynch in 2012 after earning his B.A. in History from Claremont McKenna College. He provides research for the team’s equity strategies; he also assists in the management of the team’s equity plus portfolio within the Merrill Lynch, PIA program.

    ViewAllProfiles
    Close

    Wil Byers

    Reg Financial Analyst

    Wil joined Merrill Lynch in 2011 as an operations representative after earning his B.S. in Business Administration with a concentration in Management from California Baptist University. He joined the team in 2013 and provides research for the team’s fixed income strategy. He also assists with the management of the team’s fixed income and credit opportunities portfolios within the Merrill Lynch, PIA program.

    ViewAllProfiles
    Close

    Jose Govea

    Sr Financial Analyst

    Jose began his financial services career with Merrill Lynch in 1998 as a trading support specialist in the Los Angeles office. He joined the team in 2005 and soon became the primary trader for the team’s Equity, Balanced, Alternatives, Capital Allocators and Credit Opportunities strategies*. In addition to trading, he supports the Equity Team through research and analysis. He also helps manage the Equity Plus and Capital Allocators portfolios.

    *Some or all alternative investments may not be suitable for certain investors.

    ViewAllProfiles
    Close

    Robert Maki

    R.J. joined Merrill Lynch in 2012 after earning his B.A. in Sociology from Pomona College and his M.B.A. with an emphasis in Finance from the Drucker School of Management. He provides research for the team’s alternative investments; he also assists in the management of the team’s alternatives portfolio within the Merrill Lynch, PIA program.*

    *Some or all alternative investments may not be suitable for certain investors.

    ViewAllProfiles
    Close

    Fraser McAlpine

    Sr Financial Analyst

    Fraser first worked for Merrill Lynch in 2005 as an intern in the Los Angeles Private Banking & Investment Group office. In 2007, he graduated from Nottingham Business School, United Kingdom, earning a B.A. Honours degree in Business and Financial Services. In 2008, Fraser joined the Global Wealth Management division of Merrill Lynch’s London office, where he focused on new business development, research, and investment analysis. In 2011, Fraser rejoined the Los Angeles Private Banking & Investment Group, where he provides research and analysis for the fixed income and equities teams.

    ViewAllProfiles
    Close

    Parker Bush

    Reg Financial Analyst

    Parker began his financial services career in institutional investment management, where he focused on global portfolio asset allocation and risk management. Having joined the team in 2013, he works closely with clients to service investment and trust and estate needs, and provides research for the team’s Liquid Alternatives strategy within the Merrill Lynch, PIA program. He received his M.B.A. from Cornell University and his B.A. from Chapman University with highest distinction while studying economics and market systems. Parker is a member of two leadership committees of La Jolla’s Congregation Beth El.

    ViewAllProfiles
    Close

    Jenna Mai

    Private Wealth Assoc

    Jenna joined Merrill Lynch in 1999 after working in the real estate and asset management industry for five years. She spent the last 14 years working as an assistant on the Management Team in both the Downtown Los Angeles Office and Pasadena Office. Jenna joined The Jones, Zafari, Klein, Tournat & Castagnola Group in 2013 and is responsible for client relationship management and team administrative duties.

    ViewAllProfiles
    Close

    Loading Map...

    Richard Jones is registered to do business in:AR, AZ, CA, CO, CT, DC, DE, FL, HI, IL, LA, MA, MD, MN, MO, MT, NC, NH, NJ, NV, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA, WV

    Reza Zafari is registered to do business in:AR, AZ, CA, CO, CT, DC, DE, FL, HI, IL, LA, MA, MD, MN, MO, MT, NC, NH, NJ, NV, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA, WV

    Jerry Klein is registered to do business in:AR, AZ, CA, CO, CT, DC, DE, FL, HI, IL, LA, MA, MD, MN, MO, MT, NC, NH, NJ, NV, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA, WV

    Tom Tournat is registered to do business in:AR, AZ, CA, CO, CT, DC, DE, FL, HI, IL, LA, MA, MD, MN, MO, MT, NC, NH, NJ, NV, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA, WV

    Joseph Castagnola is registered to do business in:AR, AZ, CA, CO, CT, DC, DE, FL, HI, IL, LA, MA, MD, MN, MO, MT, NC, NH, NJ, NV, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA, WV

    For questions regarding registration information please contact your Financial Advisor.
    514E32A2 (JCA*******802)