Father-son businesses are not new, but clients and colleagues alike certainly take note—usually with a smile—when they encounter Pat Bertenshaw, senior vice president and wealth management advisor for Merrill Lynch, and his son Ryan, a 23-year-old graduate from University of Arizona who recently became his father’s partner at the firm, located at 2555 E. Camelback Road, Ste. 900.
Pat, a 2018 Forbes Best-in-State wealth advisor, began his career in 1997 with U.S. Trust, Bank of America Private Wealth Management. Back then, Pat could not have imagined that his eldest son, Ryan—who graduated from the U of A Eller College of Management—would follow in his footsteps and join him on his wealth management team at Merrill Lynch.
When Pat started in the wealth management field, he quickly recognized his unique talent for being an effective communicator and his sincere interest in understanding people’s needs. As a Certified Financial Planner, Pat’s role goes beyond the business. For him, it’s about fostering quality relationships and building trust. By truly understanding his clients’ goals and objectives, he and his team are able to deliver real financial peace of mind.
When his son, Ryan, showed the same talents, along with his genuine interest in helping people and the community, Pat knew he would be a great addition to his team.
“Ryan, is a talented and caring young man and it is truly special to work side-by-side with him every day,” Pat said. “Ryan brings a renewed energy and enthusiasm to our team and our mission to best serve our friends, clients, and community.”
Currently, Ryan is working to master the financial processes and tools the team uses, all while working toward getting his licensing and certification to become an even more integral part of the Bertenshaw Wealth Management team. With Ryan coming on to the team, the Bertenshaws are building a multigenerational approach to help clients achieve their goals across many stages of life, as many clients are also navigating parent/child relationships and succession plans.
Their Phoenix office of Merrill Lynch actually has three father-son teams—reflecting a growing trend as more and more clients seek advisement about family legacy needs, succession planning and passing down assets to the next generation of children and grandchildren.
For more information, visit www.local.ml.com/phoenix_az or call 602-954-5058.