What’s important to you?
You have priorities and we have the insights you need to keep them front and center.
It starts with you
For us, success is about helping you reach your goals, not a number.
See how we work
A real advantage
Industry-leading research and expert analysis are here to help you stay ahead.
Explore our insights
Get the right guidance for you
Connect with an advisor and start a conversation about your goals.
Contact a financial advisor
Not who you're looking for?
Get to know some of our other financial advisors.
Find another advisor
The Payne & Mencias Group
510 E. 96th Street, Suite 500
Indianapolis, IN 46240
Eric Payne: 317.706.3160
Ron Mencias: 317.706.3161
Directions To Branch
Our Approach to Relationships
A collaborative relationship based on trust and transparency is the goal of our customized advice and guidance and strategies
The Payne & Mencias Group is a wealth management team that goes beyond conventional strategies. With over 200 years of collective experience, we serve affluent and emerging affluent clients across the country.
Our desire is to provide advice and guidance to help you navigate through life's financial hurdles and pursue your lifelong dreams. Helping you manage your investments is unquestionably our core business, but the way we practice wealth management is designed to help ease your path toward your financial goals.
Strategies to Fit Your Personal and Family Needs
We believe that as a client you can benefit from an individualized portfolio designed for your goals, lifestyle, performance expectations, time horizon, liquidity needs and tolerance for risk. We work to understand your financial goals, then we help you develop corresponding investment strategies. We can provide you access through Bank of America, N.A. to specialists who can help you to develop liability strategies.
The centerpiece of these strategies is the set of strict guidelines we establish together for the ongoing management of your portfolio. This disciplined, diversified approach is customized for clients who want to maintain and enhance their lifestyle.
We aim to work with you for the long term, providing recommendations and financial advice and guidance that can help you move toward your objectives. That same dedication to your needs will be in place not just for you but also future generations of your family.
Supporting Your Wealth Management Strategy
The Payne & Mencias Group can support your wealth management strategy and investment portfolio in several ways:
We Offer Specific, Customized Strategies
We focus on the following areas that can add value to your family's wealth management strategies:
Get to Know Us
Members of our advisory team come from various professional and educational backgrounds, meshing to provide diverse ideas and information. Our varied backgrounds give us valuable perspective that we use on your behalf. Each of our client associates is highly skilled, well trained and experienced. They have been repeatedly recognized by Merrill Lynch with national client service awards.
Financial Advisors and Investment Associates
Client Associates and Financial Analysts
Investing in fixed-income securities may involve certain risks, including the credit quality of individual issuers, possible prepayments, market or economic developments and yields and share price fluctuations due to changes in interest rates. When interest rates go up, bond prices typically drop, and vice versa.
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.
Merrill Lynch offers a broad range of brokerage, investment advisory (including financial planning) and other services. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties. It is important to understand the differences, particularly when determining a service or services to select.
Neither Merrill Lynch nor any of its affiliates or financial advisors provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Barron's magazine, Feb. 23, 2015; Feb. 24, 2014; Top 1,200 Advisors list. Advisors considered for the "America's Top 1,200 Advisors: State-by-State" ranking have a minimum of seven years financial services experience and have been employed at their current firm for at least one year. Quantitative and qualitative measures used to determine the advisor rankings include: client assets, return on assets, client satisfaction/retention, compliance records, and community involvement, among others. Barron’s does not receive compensation from advisors, participating firms and their affiliates, or the media in exchange for rankings. Barron’s is a trademark of Dow Jones & Company, Inc. All rights reserved.
Barron's magazine, Feb. 19, 2013; Feb. 20, 2012; Feb 21, 2011, Feb. 22, 2010; 2009; Top 1,000 Advisors list. Advisors considered for the "America's Top 1,200 Advisors: State-by-State" and "America's Top 1,000 Advisors: State-by-State" rankings have a minimum of seven years financial services experience and have been employed at their current firm for at least one year. Quantitative and qualitative measures used to determine the advisor rankings include: client assets, return on assets, client satisfaction/retention, compliance records, and community involvement, among others. Barron’s does not receive compensation from advisors, participating firms and their affiliates, or the media in exchange for rankings. Barron’s is a trademark of Dow Jones & Company, Inc. All rights reserved.
On Wall Street is a national publication serving the retail brokers and financial services industry. In January 2015, 2014 and 2013, On Wall Street published "The Top 40 Advisors Under 40" list, compiled using data solicited from the advisors’ employers. Individual trailing 12-month production for each advisor was the primary ranking criteria.
REP. magazine, August 1, 2014; 2013 "Top 40 Wirehouse Advisors Under 40" list. Advisors on the Top 40 Wirehouse Advisors Under 40 list are ranked exclusively by assets under management custodied at the four wirehouse firms. Only advisors for whom 80 percent or more of assets correspond to retail clients were eligible for the list. Advisors must be under the age of 40 as of July 1, 2014. REP. magazine and WealthManagement.com do not receive any compensation from financial advisors, participating firms and affiliates, or the media in exchange for rankings. REP. is a trademark of Penton Media, Inc. All rights reserved.
The Financial Times Top 400 Financial Advisors is an independent listing produced by the Financial
Times (March, 2015). The FT 400 is based on data gathered from firms and verified by broker-dealer
home offices, regulatory disclosures, and the FT’s research. The listing reflects each advisor’s
performance in six primary areas, including assets under management, asset growth, compliance record,
experience, credentials and accessibility as identified by the FT. Neither the brokerages nor the advisors
pay a fee to the Financial Times in exchange for inclusion in the FT 400.
Merrill Lynch and the Bull Symbol are trademarks of Bank of America Corporation.
Certified Financial Planner Board of Standards, Inc. owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNERTM in the U.S.
Investment Management Consultants Association (IMCA®) is the owner of the certification marks CIMA® and Certified Investment Management Analyst®. Use of CIMA® or Certified Investment Management Analyst® signifies that the user has successfully completed IMCA’s initial and ongoing credentialing requirements for investment management consultants.
Chartered Retirement Planning CounselorSM and CRPC® are registered service marks of the College for Financial Planning.
Eric Payne is registered to do business in : AL, AR, AZ, CA, CO, DC, DE, FL, GA, IA, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, NH, NJ, NV, NY, OH, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
Ron Mencias is registered to do business in : AL, AR, AZ, CA, CO, DC, DE, FL, GA, IA, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, NH, NJ, NM, NV, NY, OH, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WY
Kenneth Sendelweck is registered to do business in : FL, IL, IN, NC, NY, OH, SD, TN, TX
Mary Ellen Backer is registered to do business in : FL, GA, IL, IN, KY, MI, MO, NC, NJ, NY, OH, PA, RI, TX, WI
Marc Pyatt is registered to do business in : AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, NH, NJ, NM, NV, NY, OH, OK, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WY
William Sweitzer is registered to do business in : IL, IN
Privacy & Security
Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.
Asset allocation, diversification and rebalancing do not ensure a profit or protect against loss in declining markets.
Investment products, insurance and annuity products:
Merrill Lynch makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith, Incorporated (MLPF&S), a registered broker-dealer and Member Securities Investor Protection Corporation (SIPC), and other subsidiaries of Bank of America Corporation. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation.
Trust and fiduciary services are provided by U.S. Trust, a division of Bank of America, N.A., Member FDIC, or U.S. Trust Company of Delaware. Both are wholly owned subsidiaries of Bank of America Corporation.
Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.
MLPF&S and U.S. Trust make available investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation or in which Bank of America Corporation has a substantial economic interest.