Philip Zimmerman

At Back Bay Financial Planning & Investments, we specialize in helping individuals and families navigate the transition into retirement—especially those relocating to, or already enjoying life along, the Maryland and Delaware coasts. We provide financial clarity and confidence so you can focus on what really matters: enjoying your life at the beach. What You Can Expect From Us: A Personalized Retirement Roadmap We build your financial plan around your lifestyle goals, values, and priorities. From income strategies to long-term projections, we design a plan built to evolve with you. Tax-Smart Planning We help you make the most of your income and investment withdrawals, with proactive strategies to reduce your tax burden now and in the future. Investment Management Our portfolios are thoughtfully constructed to reflect your retirement timeline and risk preferences—with a focus on keeping costs low and outcomes aligned with your goals. Estate & Legacy Coordination We’ll work alongside your attorney or help you think through your legacy wishes, ensuring your wealth passes smoothly and intentionally to the next generation. Ongoing Support & Real Conversations You’ll have a dedicated partner who explains the complex in plain English, stays in touch proactively, and adapts your plan as life evolves. We limit the number of clients we serve so we can deliver the kind of hands-on, highly personalized advice that bigger firms often can’t match. Our mission is simple: help you retire with confidence and live fully in the coastal community you love.

William Mustin is a Senior Financial Advisor at Merrill Lynch Wealth Management. He began his career in the financial services industry in 1996 after building and selling a contracting company. His background includes a lifelong interest in investing, which started in high school. William’s areas of focus include executive compensation, family wealth management strategies, employee financial health, managing new wealth, personal retirement planning, philanthropic planning, tax minimization, and retirement income. He prioritizes cultivating close relationships with clients to address their financial goals related to lifestyles and legacies. William holds the Personal Investment Advisor (PIA) designation and earned an Associate's Degree from Arundel College. Outside of work, William resides in Bel Air, Maryland with his wife, Melissa. He enjoys spending time outdoors fishing, hunting, cycling, and woodworking. He is involved in supporting Shriner’s Children’s Hospital and other non-profit organizations.

Michael Truitt serves as a Senior Resident Director with a professional focus on retirement and investment advisory. Since beginning his career in 1982, he has provided financial advice to individuals, small businesses, and non-profit organizations, emphasizing the interrelated nature of financial decisions and their impact on overall financial status. His approach incorporates asset allocation to balance risk and return, alongside a broad range of services including college education planning, retirement income strategies, legacy planning, and socially responsible investing. He holds the CERTIFIED FINANCIAL PLANNER® certification awarded by the Certified Financial Planner Board of Standards, Inc., and the Certified Plan Fiduciary Advisor designation. Michael earned a Bachelor of Arts degree in U.S. History from the University of Maryland at College Park in 1982. His leadership experience includes serving as a Branch Manager from 1992 to 2008, fostering multigenerational client relationships. Michael resides in Bishopville, Maryland, with his wife, Beth, and their two children. He is actively involved in the community, serving as a Trustee of Worcester Preparatory School in Berlin, Maryland, and as a board member of the Community Foundation of the Eastern Shore. He is also a member of the Links at Lighthouse Sound Golf Course and has participated in organizations such as the Salisbury Lions Club.