Scott Thisted: Colorado 500 - Wealth Managers

Managing Director, The Thisted Group / Merrill Lynch Private Wealth Management

ColoradoBiz Staff //April 21, 2026//

Managing Director, The Thisted Group / Merrill Lynch Private Wealth Management

ColoradoBiz Staff //April 21, 2026//

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Scott Thisted has spent his entire career at Merrill Lynch, joining the firm in 1998 and rising to managing director of The Thisted Group within Merrill Lynch Private Wealth Management, where he advises ultra-high net worth individuals and families. He views power in wealth management as “a combination of influence, trust, and expertise” that goes beyond authority — built through exceptional client relationships and a strong team. One lesson has stayed with him throughout his career: “Concentration in an asset can create wealth, but concentration in a single asset can destroy wealth — so diversify to maintain wealth.”

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