Published On: Mon, Aug 29th, 2016

Philanthropist and the Financial Advisor: Patrick Dwyer

Philanthropy means the love of humanity, in the sense of caring, nourishing, developing, and enhancing what it means to be human. It involves both the benefactor in exercising their values and the beneficiary in their receipt and benefit of what has been received. A conventional modern definition is “private initiatives, for the public good, focusing on quality of life.”

Philanthropy has distinguishing features from charity; not all philanthropy is charity or vice versa, though there is a recognized level of overlap. Typically charity aims to relieve the pain of a social problem, whereas philanthropy attempts to address the cause of the problem; essentially the proverbial gift of a fish versus teaching how to fish.

Patrick Dwyer Merrill LynchRecognized as one of the countries top financial advisors, Patrick Dwyer, who alongside his family, founded the Dwyer Family Foundation, a philanthropic organization that works with educational and religious foundations in the Miami-Dade area to service the needs of local communities.

A quick internet search of Patrick Dwyer Merrill Lynch will introduce you to the man who in 1999 was one of the first advisors to join the newly created Merrily Lynch Private Banking and Investment Group, a division that was developed to serve ultra-high net worth families. As of 2010, Dwyer heads a team who oversee the financial affairs of thirty-two ultra-wealthy families and manage assets totaling over 2.7 billion dollars in 2016.

When he was a young man, Patrick Dwyer noticed that his father gave generously to the church, even when the family was in tough economic times. From this example, he learned the value of giving back to the community. Taking this lesson to heart the goal of the Dwyer Family Foundation is to teach children the importance of giving and how to give effectively. The family philanthropy centers on the shared interests of the many organizations that serve the community.

Specifically, the Dwyer Family Foundation has supported educational stewardship programs, educational programs specific to young girls and women, and schools that specialize in learning difficulties such as dyslexia, ADHD and short-term memory deficits, among others.

Patrick Dwyer is a regular guest speaker at his alma mater, Providence College in Rhode Island, where he received his Bachelor’s degree, as well as the University of Miami. Never one to sit idly by, Dwyer is currently on the board of trustees for the Carrollton School of the Sacred Heart, the Key Biscayne Community Foundation, the Neuroscience Centers of Florida Foundation as well as the Telluride Science Research Center.

Living in Key Biscayne, Florida, with his wife, Marisa, and four children Patrick’s hobbies include paddle boarding, hiking, mountain biking, and cooking.

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