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Runia Group

Private Wealth Advisors

5152 N. EDGEWOOD DRIVE, SUITE 300

PROVO, UT 84604

801.426.6009

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About us

Welcome

We are a wealth management team within the San Francisco office of the Private Banking and Investment Group at Merrill Lynch, located in Provo, Utah. We work with business owners, entrepreneurs, senior executives, professional athletes, and institutions, helping advance their financial goals in meaningful and tangible ways. We recognize that significant wealth can bring challenges, as well as opportunities. We strive to help multiple generations pursue their objectives, while instituting the structures that can reduce complexity, capitalize on opportunity, and lead to a more satisfying and fulfilling life.

Our leaders, Scott and Dane Runia, are a father-and-son team. We’ve been privileged to develop long-term relationships with the families we serve, cementing the ties that attest to our value and integrity. As advisors, we believe more in deeds than in words, demonstrating our commitment through diligence and responsiveness.

Our Mission

We work with a select group of families who have achieved extraordinary success, helping them become informed stewards of their financial lives and legacies. We value hard work, integrity, and responsiveness, capitalizing on our strengths to generate positive outcomes for the families we serve.

A Tradition of Service

Our founder, Scott Runia, began his Merrill Lynch career in 1982. Scott instituted the practices and habits that inform the way we do business. We believe in some simple tenets, consistently applied:

  1. Treat others as you would like to be treated. We look out for a client’s best interests. That precept is the foundation of our work.
  2. Work hard. We’re vigilant, monitoring the investment markets, coordinating trust and estate planning services, evaluating credit opportunities, meeting with a client’s external tax and legal advisors, and answering questions. We believe in a purposeful and thoughtful approach.
  3. Be accessible. We foster a warm and welcoming environment. Many clients drop in to our office; others know they can reach us quickly by phone or by email. In addition to face-to-face meetings, we welcome informal meetings, too, serving as sounding boards for new ideas and opportunities.
  4. Be discreet. We take client privacy extremely seriously. We’re honored to serve as confidantes on important issues and never lose sight of that responsibility.

An Emphasis on Simplicity

We believe that the financial services world can make things unduly complicated; we strive to streamline and simplify. When we meet with clients, we ask them the type of information they want to receive, and then we execute on that preference. Our reports are truly customized, consolidating the information in a manner outlined by each client.

Our investment approach relies on simple precepts: diversification, wealth preservation, and consistent cash flow. We focus on three parameters—fees, taxes, and inflation—when assessing possible investment options, sensitive to opportunities for wealth transfer and charitable giving. We strive to smooth each client’s path toward his or her goals, regularly assessing our efforts and making refinements as necessary.

Making Clients’ Lives Easier

We’re gratified to help tackle problems, large or small. As one of the leading Private Wealth Management teams in the West, we’re intimately familiar with the decision points that people encounter; we’ve navigated those same crossroads before and can help clients implement best practices based on our own insights and experience.

Here are some of the services we can provide:

  • Tailored investment strategies, including alternative investments
  • Concentrated stock management
  • Access to customized lending and securities-based lending through Bank of America, N.A.
  • Tax-minimization strategies*
  • Liquidity event strategies
  • Luxury good financing
  • Trust and estate planning services
  • Next-generation education and stewardship
  • Philanthropy

*Neither Merrill Lynch nor its Financial Advisors provide tax, accounting or legal advice. Clients should review any planned financial transactions or arrangements that may have tax, accounting or legal implications with their personal professional advisors.

Some or all alternative investments may not be suitable for certain investors. Certain alternative investments carry significant risk and are not subject to the same regulatory oversight as mutual funds and other traditional investments. For these reasons, access to alternative investments may be limited to investors who are designated as sophisticated, high-net-worth investors.

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Meet the team