Val Parayao

About Val Parayao

I feel privileged when clients invite me into their lives. It\'s a wonderful reminder of the trust I\'ve earned & the role I play – personally & financially. Having spent most of my 25-year career at Bank of America, I\'m highly skilled & motivated to identify needs and opportunities on both sides of clients\' balance sheets – assets & liabilities. My internal contacts include small business bankers, trust specialists & others I \"bring to the table\" with a single phone call. WHO DO I SERVE? Good people with real-world challenges. Some clients hope to buy their first home in a tough real estate market. Most are paying California\'s high taxes. Others are about to retire. My clients include active & retired business owners, corporate executives & individuals in the creative & entertainment fields. Many are same-sex couples & other members of the LGBTQ community, as well as families. WHAT DO I BELIEVE? Establishing a comfortable rapport with clients is critical to setting the stage for productive conversations. Asking open-ended questions (and listening more than talking), I am able to learn about a client\'s job, lifestyle, family, short-term goals & vision of retirement. WHAT MAKES ME PROUD? • Being a trusted resource for clients who really need one. Many have questions about tax issues, health care costs, Social Security or long-term care. All clients have my cell phone number. It feels good to be their \"first call\" for any financial matter. • Being there for people. My neighbors leave me their keys before traveling. Members of my community trust me with details of their lives, so that I can provide helpful input. • My personal story. I grew up in the Philippines and moved to the U.S. as a teenager. While in college, I worked for Bank of America and relished the exposure to the corporate world. After graduation, I was invited to work full-time at the bank, which I did until 2017, when I joined Merrill.*Merrill Life Agency\'s California License Number 05•••76

Experience

1. Senior Financial Advisor, Vice President

   Merrill Lynch

   Aug 1992 — Present

   Driven by my passion to serve clients like I would a good friend or family member, I\'ve always considered myself a seasoned and sensitive advisor. In working closely with a largely referred clientele, I believe I\'m doing my job well – guiding important financial decisions while providing education that can help ensure positive outlooks and outcomes. On a regular basis, I provide access to Bank of America, N.A. for residential and securities-based lending, as well everyday banking including checking accounts, credit cards, safe deposit boxes, wire transfers and other solutions. When it comes to investments, I take my cues from each client\'s objectives, tolerance for risk, need for liquidity and investment timeline. Rather than manage clients\' investments on my own, I rely on in-depth research and the firm\'s model portfolios to position clients for risk-managed growth and preservation of capital. I also examine a client\'s tax situation and design tax-minimization strategies, often by collaborating with their CPA. To provide enduring benefits, I also try to align my estate-planning strategies with input from clients\' attorneys and the firm\'s trust specialists. I reside in West Hollywood where I enjoy working out, traveling, meeting with good friends and visiting my family in Orange County.*NMLS#16•••98 *Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.*Trust, fiduciary, and investment management services are provided by Bank of America, N.A, Member FDIC, and wholly owned subsidiary of Bank of America Corporation (\"BofA Corp.\"), and its agents.

Education

• California State University System

  Bachelor's Degree

  1993 — 1997

Skills

• Goals Based Analysis for Wealth Management
• Equipment Financing
• Employee Management
• Retirement and Investing Planning
• Customized Wealth Strategies
• Budget Monitoring
• College Savings Strategies
• Divorce Wealth Management Planning
• Sales Management
• Compliance
• Financial Markets
• Retirement and College Planning
• Problem Solving
• Team Building
• Estate Planning Services and Wealth Transfer
• Estate Planning Services
• Estate and Wealth Structuring
• Retirement Counseling
• Lgbt Wealth Planning
• Corporate Retirement Plan Management
• Partnerships
• Family Financial Advisor
• Hiring Personnel
• Family Wealth Transfer
• Non-Profit Wealth Advising
• Finance and Investment
• Intergenerational Wealth Transfer
• Financial Advice
• Financial Consulting
• College Planning
• Estate Planning Strategies and Wealth Transfer
• Customer Satisfaction
• Family Estate Financial Guidance