In the News
Our work has been featured in nationally recognized publications, where we share evidence-based insights on investing, retirement planning, and tax-smart strategies. Below are selected media mentions where founder Tomas Geoghegan has contributed to important conversations shaping financial decision-making today.
Bloomberg | April 22, 2025
Parents Counting on 529 Plans to Pay for College Feel Market Pain
In a piece exploring how families are navigating market volatility while saving for college, Tomas Geoghegan, founder of Beacon Hill Private Wealth, emphasized a long-term view for younger savers:
“It’s never easy to commit more money when the news feels negative, but that’s often when long-term investors have the most to gain,” Geoghegan said. “These families can benefit from lower valuations, dollar-cost averaging, and the compounding effect of time.”
👉 Read the full article on Bloomberg
Bloomberg | March 13, 2025
Baby Boomers Face Lasting Retirement Hit in Extended Stock Rout
Tomas offered perspective on the sequence of returns risk many retirees face:
“Early losses while withdrawing funds can severely impact a portfolio’s longevity,” said Geoghegan. “It’s one of the biggest but most underappreciated risks in retirement.”
👉 Read the full article on Bloomberg
Barron’s | July 25, 2022
It’s a Good Time to Rebalance Portfolios. This Nifty Tool Can Help.
The article explores how financial advisors are increasingly leveraging direct indexing to enhance tax efficiency and personalization. Tomas shared several ways this strategy helps his clients:
“[Direct indexing] is a great way to transition out of legacy holdings in a tax-efficient way,” he said, noting it also supports better gifting strategies and diversification for those with concentrated stock positions.
He added, “If you try to impose too many restrictions on a set of investments, it can be hard to find the right ESG fund to meet the clients’ needs.” With direct indexing, advisors can craft portfolios that align more precisely with clients' values—without the unwanted baggage often found in traditional ESG funds.
👉 Read the full article on Barron’s
Robb Report | June 19, 2021
Everything You Need to Know About Choosing a Wealth Advisor
In this article on how affluent individuals and families can identify the right advisory relationship, Tomas Geoghegan offered insight into the level of specialization often required when working with ultra-high-net-worth clients:
“The CFP designation is table-stakes, but UHNW (ultra-high-net-worth) families need advisors with advanced post-CFP planning credentials, such as the Certified Private Wealth Advisor (CPWA) or Certified Investment Management Analyst (CIMA), which are attained by fewer than 3 percent of advisors,” said Geoghegan.
👉 Read the full article on Robb Report
Beacon Hill Private Wealth Launches in Summit, N.J.
Tomas Geoghegan, CFP, MBA, a former Merrill Lynch and Morgan Stanley executive, develops an independent firm designed for high net worth and family office clients. The firm is supported by BAM Advisor Services, a leading turnkey asset management provider.
SUMMIT, N.J. AND ST. LOUIS, MO. (PRWEB) FEBRUARY 02, 2017
BAM Advisor Services (‘BAM’), a leading turnkey asset management provider, today announced the launch of Beacon Hill Private Wealth, LLC (‘BHPW’), an independent Registered Investment Advisor based in Summit, N.J., and led by former Merrill Lynch and Morgan Stanley executive Tomas Geoghegan. BHPW was designed as a forward-thinking, independent advisory firm, replacing the usual Wall Street hype with high-touch wealth management, retirement planning and evidence-based investing.
“I spent many years understanding the needs of wealthy families, developing solutions to meet those needs, as well as training advisors on how to deliver a consistent client experience,” shared Tom Geoghegan, Founder and Private Wealth Advisor, Beacon Hill Private Wealth. “It has been a dream of mine to take all that experience, together with the support of BAM Advisor Services, to design what I believe is a model that better meets client needs – a model that starts with placing client interests first.” Beacon Hill Private Wealth was designed to deliver a family office experience to clients, starting with a dynamic planning process that adapts to changes in life circumstances and clear, evidence-based, smart investing. Evidence-Based investing is a highly disciplined approach to investment management that combines historical data and seeks to filter through noise, information, hype and emotion about the unknowable future in order to make investment decisions grounded in facts, logic and reason.
Tom Geoghegan brings a 20-year track record as an accomplished wealth management and private banking executive with leadership positions in strategy, client experience and the development and deployment of investment management and banking products. Most recently as an executive at Merrill Lynch and Morgan Stanley, he provided solutions to meet the needs of high net worth clients and trained those considered to be elite advisory teams on how to best serve these clients. Mr. Geoghegan is a CERTIFIED FINANCIAL PLANNER™ practitioner with a Master of Business Administration from the Stern School of Business at New York University and a bachelor’s degree in chemical engineering.
BHPW is supported by BAM Advisor Services and proud to become a member of The BAM ALLIANCE, an active community of more than 140 fiduciary, independent wealth management firms serving more than 18,000 clients and their families throughout the country and managing more than $27.6 billion of collective assets (as of Sept. 30, 2016). As a member of The BAM ALLIANCE, BHPW has access to industry-leading tools to better serve clients behind the scenes, as well as educational resources pooled from the collective experience of like-minded advisors, analysts, researchers, writers and educators that make up BAM’s national community.
“Tom’s years of experience in the wirehouses has given him a unique view of the set of solutions and capabilities that will best meet the needs of discerning clients,” explained Adam Birenbaum, Chief Executive Officer for BAM Advisor Services. “We are proud he chose BAM and an evidence-based investment approach, and look forward to supporting him as he develops client relationships and grows Beacon Hill Private Wealth.”
About Beacon Hill Private Wealth, LLC
Beacon Hill Private Wealth is an independent private wealth management firm located in Summit, N.J. Founded in 2016, Beacon Hill Private Wealth provides wealth planning and evidence-based investment solutions to high net worth and family office clients. For more information, please visit http://www.beaconhillprivatewealth.com.
About the BAM ALLIANCE
The BAM ALLIANCE is a community of more than 140 independent wealth management firms located throughout the United States. Detailed information regarding The BAM ALLIANCE’s distinct approach to wealth management along with an array of published articles and educational materials may be found at http://www.TheBAMALLIANCE.com.
BAM Advisor Services launches New Jersey-based RIA
2 Feb, 2017 | 09:53
BAM Advisor Services LLC launched Beacon Hill Private Wealth LLC, a Summit, N.J.-based registered investment adviser.
Former Merrill Lynch and Morgan Stanley executive Tomas Geoghegan is the founder of Beacon Hill Private Wealth.
Beacon Hill Private Wealth offers wealth planning and investment solutions to high net worth and family office clients.
BAM Advisor Services launches new investment advisory firm in New Jersey
February 3, 2017 (Last Updated April 4th, 2017 13:18)
American asset manager BAM Advisor Services has introduced a new independent registered investment advisory firm Beacon Hill Private Wealth (BHPW) in Summit, New Jersey.
Led by former Merrill Lynch and Morgan Stanley executive Tomas Geoghegan, the new independent advisor will provide wealth management, retirement planning and evidence-based investing.
At Merrill Lynch and Morgan Stanley, Geoghegan was responsible for providing solutions to meet the needs of HNW customers.
He has more than 20 years of experience as a wealth management and private banking executive with leadership positions in strategy, client experience and the development and deployment of investment management and banking products.
BAM Advisor Services CEO Adam Birenbaum said: "Tom's years of experience in the wirehouses has given him a unique view of the set of solutions and capabilities that will best meet the needs of discerning clients. We are proud he chose BAM and an evidence-based investment approach, and look forward to supporting him as he develops client relationships and grows Beacon Hill Private Wealth."
Announcement: New York University, Stern School of Business Alumni magazine (Fall 2017) (additional)
2019 Summer Internship: Delbarton School's DelEX Externship Program
Summit, NJ Police Athletic League
Disclosure
The articles linked above are published by independent third-party media organizations. Beacon Hill Private Wealth did not pay for inclusion and makes no claim of endorsement. All quotes are included in full context as originally published. Bloomberg, Barron’s, and Robb Report are not affiliated with or endorsing Beacon Hill Private Wealth.