D I V I D E N D G R O W T H P O R T F O L I O
|
|
- Matthew McLaughlin
- 5 years ago
- Views:
Transcription
1 D I V I D E N D G R O W T H P O R T F O L I O N E I L M I T C H E L L T E A M AT M O R G A N S TA N L E Y P W M S E C O N D Q T R
2 E X E C U T I V E S U M M A R Y Investment Objective Deliver market-like returns with above market yields and less risk Suitable for long-term investors looking for a growth and income equity portfolio Description The Dividend Growth Portfolio is a diversified portfolio of dividend paying global equities These core holdings are combined with opportunistic investments Companies with an event-driven component Clear catalysts 2
3 I N V E S T M E N T P R O C E S S Thought Leadership + Collaboration Performance Wall Street We have relationships throughout Wall Street because of our experience and history in the business Buy Side Relationships In communication and meet regularly with top Hedge Fund and Long Only Managers Morgan Stanley Research Access to industry leading research department to source ideas and confirm investment theses Idea Generation High Net Worth Clients Our clients are leaders in various sectors of the economy, gives us a good feel for business sentiment and macroeconomic trends We are able to crosscheck between all of these relationships and thoroughly research each investment 3
4 I N V E S T M E N T P R O C E S S Portfolio Construction 75 to 90% of the Portfolio Great businesses with strong dividends and prospects for growth 10 to 25% of the Portfolio Opportunistic Ideas We seek to achieve outsized returns and move the needle with these investments Allows us to hold excess cash which provides a buffer during market corrections and is dry powder when we are ready to invest during market turmoil 4
5 I N V E S T M E N T P R O C E S S Opportunistic Ideas Dislocations in Market Pricing Misunderstood Companies Corporate Change (spin-offs, mergers, CEO change) Under-the-radar Companies 5
6 I N V E S T M E N T P R O C E S S Sources of Returns Security Selection Key aspect, particularly for opportunistic investments Sector Allocation Diversify into all market areas Concentration/Diversification Balance is key Market Timing Not good at, very unreliable Leverage Adds risk 6
7 R I S K M A N A G E M E N T How do we manage risk? No position is greater than 7% of the portfolio at cost No position allowed to be greater than 15% of the portfolio at market value No leverage Portfolio is diversified, we aim to avoid the risks associated with high concentration Typically hold between 20 and 25 positions Always hold cash as a buffer for volatility Expect the portfolio to generally hold at least 10% cash Allows us to re-invest after market sell-offs and corrections 7
8 P O R T F O L I O S T A T I S T I C S Dividend Growth Portfolio S&P 500 Price/Earnings Ratio Dividend Yield 3.9% 2.2% Historic Standard Deviation 10.3% 11.3% Top Positions Pepsi (PEP) Blackstone Mortgage Trust (BXMT) Comcast (CMCSA) Procter & Gamble (PG) Honeywell (HON) All data on this page is as of 02/05/2016 S&P 500 data found using Bloomberg terminal Top Positions consists of the top issues held in the portfolio as of add date. The holdings are shown for informational purposes only and should not be deemed a recommendation to purchase or sell the securities mentioned. Holdings will vary and there can be no guarantee that these securities will be held in a client s account. It should not be assumed that the transactions or holdings were or will be profitable. 8
9 M I T C H E L L T E A M D I V I D E N D G R O W T H P O R T F O L I O Portfolio Structure The portfolio is available as a separately managed account The portfolio is non-discretionary, every purchase and sale must be approved by the client Monthly statements from Morgan Stanley Position level transparency Minimum investment is $1,000,000 Liquidity = Trade date + 3, No lock-ups No incentive fee Contact Information Neil Mitchell, Managing Director neil.s.mitchell@ms.com James Lindsay, PWM Associate james.lindsay@ms.com Nicholas Crucet, PWM Analyst nicholas.crucet@ms.com Alex Friedman, PWM Associate alex.friedman@ms.com 9
10 I M P O R T A N T I N F O R M A T I O N These materials are for informational and discussion purposes only. The financial data included in these materials is based upon information derived from Morgan Stanley PWM and public sources that are believed to be reliable, but Morgan Stanley PWM does not guarantee the accuracy or completeness of the public source information. Morgan Stanley PWM does not undertake to update this information, and the portfolio composition shown as well as the results discussed may change without notice. This presentation is not a product of Morgan Stanley Smith Barney s Research Department and you should not regard it as a research report. Further, any reference to specific securities herein does not constitute a recommendation that you should invest in those securities. This document and Part II of Morgan Stanley Smith Barney s Form ADV should be thoroughly reviewed for a description of the terms of any particular investments and the material risks associated with it prior to making any investment decision. Legal, accounting and tax restrictions, transaction costs and changes to assumptions may significantly affect the economics and results of portfolio transactions or investments. The information and analyses contained herein are not intended as and should not be construed to be investment, tax or legal advice. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. The strategies and/or investments discussed in this material may not be suitable for all investors. Morgan Stanley Wealth Management recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a Financial Advisor. The appropriateness of a particular investment or strategy will depend on an investor s individual circumstances and objectives. Equity securities may fluctuate in response to news on companies, industries, market conditions and the general economic environment. Companies cannot assure or guarantee a certain rate of return or dividend yield; they can increase, decrease or totally eliminate their dividends without notice. Asset Allocation and rebalancing do not assure a profit or protect against loss in declining financial markets. These strategies involve a high level of risk and may not be suitable for your specific circumstances. US state securities regulations may limit our ability to implement part, or all, of this strategy. In some circumstances it may be difficult for you to sell or realize such investments or obtain reliable information about their value. Where an investment is denominated in a currency other than dollars, changes in rates of exchange may have an adverse effect on the value, price of, or income derived from the investment. Please consult your own tax, legal or other advisors, at both the outset and on an ongoing basis, to determine such suitability. S&P 500 Index is an unmanaged, market value-weighted index of 500 stocks generally representative of the broad stock market. An investment cannot be made directly in a market index. Please see the Morgan Stanley Smith Barney LLC Consulting Group Advisor (CGA) program disclosure brochure (the Morgan Stanley ADV ) for more information on the CGA program. The Morgan Stanley ADV is online at Consulting Group is a business of Morgan Stanley Smith Barney LLC. Morgan Stanley Private Wealth Management, a division of Morgan Stanley Smith Barney LLC. Member SIPC. 10
DIVIDEND GROWTH PORTFOLIO
DIVIDEND GROWTH PORTFOLIO NEIL MITCHELL TEAM AT MORGAN STANLEY PWM 2014 THIRD QTR EXECUTIVE SUMMARY Investment Objective Deliver market-like returns with above market yields and less risk Suitable for
More informationSPECIAL SITUATIONS INVESTING
SPECIAL SITUATIONS INVESTING NEIL MITCHELL TEAM AT MORGAN STANLEY PWM 2014 FOURTH QTR 522 Fifth Avenue New York, NY 10036 INVESTMENT PROCESS Thought Leadership + Collaboration Performance We sit at the
More informationAT MORGAN STANLEY. Discretionary Portfolio Management Platform
2751 Centerville Rd, Suite 104 Two Little Falls Centre Wilmington, DE 19808 302.636.5541 302.636.5537 Discretionary Portfolio Management Platform TH E GE HRT /YAAKOVIAN GROUP AT MORGAN STANLEY At The Gehrt/Yaakovian
More informationMorgan Stanley Pathway Ultra-Short Term Fixed Income Fund Objective: Total return, consistent with capital preservation
Morgan Stanley Pathway Ultra-Short Term Fixed Income Fund Objective: Total return, consistent with capital preservation OVERVIEW PIMCO sub-advises the fund focusing on short duration, relatively high credit
More informationRetirement Distribution Income: Enhanced (MAP) Select UMA American Funds (Model Portfolio Provider)
American Funds (Model Portfolio Provider) 333 S Hope Street, 52ND Floor Los Angeles, California 90068 Style: Sub-Style: Firm AUM: Firm Strategy AUM: Global Multi Asset Global Multi Asset Income $1,706.1
More informationUMA Model Portfolios Professional Advice for Your Unified Managed Account
UMA Model Portfolios Professional Advice for Your Unified Managed Account B The introduction of unified managed accounts has helped many investors to consolidate and streamline their investment portfolios.
More informationInvesting with Impact. Creating Economic, Social and Environmental Value
Investing with Impact Creating Economic, Social and Environmental Value Delivering Personalized Value The Investing with Impact Platform focuses on flexibility and engagement, allowing both targeted allocation
More informationCGCM Ultra-Short Term Fixed Income Fund (TSDUX)
CGCM Ultra-Short Term Fixed Income Fund (TSDUX) Objective: Total return, consistent with capital preservation OVERVIEW PIMCO sub-advises the fund focusing on short duration, relatively high credit quality
More informationAmerican Funds Growth (MAPS) Select UMA American Funds (Model Portfolio Provider)
American Funds (Model Portfolio Provider) 333 S Hope Street, 52nd Floor Los Angeles, California 90068 Style: Sub-Style: Firm AUM: Firm Strategy AUM: Global Equities Growth-oriented $1,677.4 billion $1.0
More informationMid Cap Value Fiduciary Services EARNEST Partners, LLC
EARNEST Partners, LLC 1180 Peachtree St. - Suite 2300 Atlanta, Georgia 30309 Style: Sub-Style: Firm AUM: Firm Strategy AUM: US Mid Cap Value Traditional Value $20.1 billion $64.0 billion Year Founded:
More informationMulti-Asset Income: Moderate Growth (MAP) Select UMA
J.P. Morgan Asset Management (Model Portfolio Provider) 270 Park Avenue New York, New York 10017 PRODUCT OVERVIEW Morgan Stanley Smith Barney LLC ("Morgan Stanley") is the Manager of this strategy. The
More informationMFS Investment Management 500 Boyleston Street Boston, Massachusetts 02116
Investment Management 500 Boyleston Street Boston, Massachusetts 02116 MANAGER'S INVESTMENT PROCESS RISK CONSIDERATIONS Bottom-up idea generation within a sector-neutral framework, managed by a team of
More informationSeparately Managed Accounts. Investment Advisory Solutions for Today s Complex Markets
Separately Managed Accounts Investment Advisory Solutions for Today s Complex Markets Contents Consulting Group Overview Resources The GIC and Global Investment Manager Analysis Separately Managed Accounts
More informationTurner Investments 1205 Westlakes Drive - Suite 100 Berwyn, Pennsylvania 19312
Turner Investments 1205 Westlakes Drive - Suite 100 Berwyn, Pennsylvania 19312 PRODUCT OVERVIEW The investment objective of the Turner Select portfolio is to outperform the Russell 1000 Growth Index over
More informationCustom S&P500/MSCI EAFE ADR/Int Ldr Corp 30/30/40 Select UMA Parametric Portfolio Associates
Parametric Portfolio Associates 1918 8th Avenue, Suite 3100 Seattle, Washington 98101 Style: Sub-Style: Firm AUM: Firm Strategy AUM: Global Multi Asset $226.4 billion Year Founded: GIMA Status: Firm Ownership:
More informationCustom Investment Outsourcing
Custom Investment Outsourcing Fay DeBellis, CFP, SIMC Senior Vice President Bryant Waller, CFP Financial Advisor For One-on-One Use Only With Clients and Prospects 2013-PS-327 11/13 The Importance of Managing
More informationGlobal Multi Asset Global Tactical Asset Alloc $346.8 billion
Columbia (Model Portfolio Provider) 225 Franklin Street Boston, Massachusetts 02110 Style: Sub-Style: Firm AUM: Firm Strategy AUM: Global Multi Asset Global Tactical Asset Alloc $346.8 billion Year Founded:
More informationThe Citrus Group at Morgan Stanley Monthly Newsletter
The Citrus Group at Morgan Stanley Monthly Newsletter Issue 64 August 31 st, 2017 Inside This Issue 1 Equity Markets 2 Fixed Income 3 Conclusion 3 Technical Levels to Watch 4+ Disclosures & Credits Equities
More informationCustom Russell 3000 / Interm Laddered Muni (60/40) Select UMA Parametric Portfolio Associates
Parametric Portfolio Associates 1918 8th Avenue, Suite 3100 Seattle, Washington 98101 Style: Sub-Style: Firm AUM: Firm Strategy AUM: US Multi Asset Balanced Blend Tax Favored $959 billion Year Founded:
More informationInternational Thematic (ETFs) Select UMA Managed Advisory Portfolios Solutions
Managed Advisory Portfolios Solutions 2000 Westchester Avenue Purchase, New York 10577 Style: Sub-Style: Firm AUM: Firm Strategy AUM: International Equities $912.3 million $36.3 million Year Founded: GIMA
More informationGlobal Thematic (ETFs) Select UMA Managed Advisory Portfolios Solutions
Managed Advisory Portfolios Solutions 2000 Westchester Avenue Purchase, New York 10577 Style: Sub-Style: Firm AUM: Firm Strategy AUM: Global Equities $912.3 million $53.9 million Year Founded: GIMA Status:
More informationPreferred Securities (Custom) Select UMA Managed Advisory Portfolios Solutions
Managed Advisory Portfolios Solutions 2000 Westchester Avenue Purchase, New York 10577 Style: Preferred Securities Sub-Style: Firm AUM: $912.3 million Firm Strategy AUM: Year Founded: GIMA Status: Firm
More informationAsset Allocation Portfolios
Asset Allocation Portfolios Christopher Eckert Senior Vice President Wealth Management Senior Portfolio Manager Financial Advisor 320 Post Road West Westport, CT 06880 phone: 203-222-4057 toll-free: 866-740-7841
More informationCustom S&P 500 / Short Laddered Muni (60/40) Select UMA Parametric Portfolio Associates
Parametric Portfolio Associates 1918 8th Avenue, Suite 3100 Seattle, Washington 98101 Style: Sub-Style: Firm AUM: Firm Strategy AUM: US Multi Asset Balanced Blend Tax Favored $231.5 billion Year Founded:
More informationMaximizing Capital. The Power of Investing with Impact. CRC (3/15) Expiration: 3/16
Maximizing Capital The Power of Investing with Impact CRC1137880 (3/15) Expiration: 3/16 What Is Investing with Impact? Morgan Stanley defines Investing with Impact as an approach that aims to generate
More information1607 GROUP AT MORGAN STANLEY
W E A L T H M A N A G E M E N T I. Overview TABLE OF CONTENTS: II. 1607 Portfolio III. 1607 Income Growth Portfolio IV. Investment Team WEALTH MANAGEMENT WEALTH MANAGEMENT O V E R V I E W Our Business:
More informationInvesting with Impact. Creating Economic, Social and Environmental Value
Investing with Impact Creating Economic, Social and Environmental Value Delivering Value Across Multiple Dimensions The Investing with Impact Platform focuses on flexibility and engagement, allowing both
More informationThe Tripod Strategy or Belmont Ave. Youngstown, OH
(Bottom L-R: Russ Spitz, Josh Blumental, Top L-R: Scott Murray, Amanda Wood, Dan Betts) The Tripod Strategy 330-759-6770 or 1-800-535-0017 5048 Belmont Ave. Youngstown, OH 44505 www.fa.smithbarney.com/buckeyegroup
More informationMorgan Stanley Pathway International Fixed Income Fund (TIFUX) Objective: Seeks to maximize current income consistent with capital preservation
Morgan Stanley Pathway International Fixed Income Fund (TIFUX) Objective: Seeks to maximize current income consistent with capital preservation OVERVIEW Pacific Investment Management Company (PIMCO), the
More informationThe Collins Savrann Group at Morgan Stanley. Helping You Identify and Achieve Your Unique Goals
The Collins Savrann Group at Morgan Stanley Helping You Identify and Achieve Your Unique Goals 600 Longwater Drive Suite 202 Norwell, MA 02061 781-681-4972 / MAIN 800-326-5951 / TOLL-FREE 781-681-4950
More informationTHE DURSO WEALTH MANAGEMENT GROUP AT MORGAN STANLEY DISCRETIONARY PORTFOLIO MANAGEMENT INVESTMENT STRATEGIES
Morgan Stanley 20 Linden Place Red Bank, NJ 07701 (732) 936-3400 THE DURSO WEALTH MANAGEMENT GROUP AT MORGAN STANLEY THE DURSO WEALTH MANAGEMENT GROUP AT MORGAN STANLEY DISCRETIONARY MANAGEMENT INVESTMENT
More informationInvestment Perspectives. From the Global Investment Committee
Investment Perspectives From the Global Investment Committee Crude Prices Have Declined Significantly Long-Term WTI Crude Price 1 and Month-Over-Month Change As of March 31, 2016 WTI Crude Spot Price and
More informationARE WE DUE FOR A MARKET CORRECTION?
ARE WE DUE FOR A MARKET CORRECTION? As we previously reported, the expectation of President Donald Trump s pro-growth agenda sent the market to new highs during the 4th quarter of 2016. He plans to focus
More informationDURSO WEALTH MANAGEMENT GROUP AT MORGAN STANLEY May 31, 2016 ECONOMIC LANDSCAPE
ECONOMIC LANDSCAPE Noise, very low levels of optimism, heightened levels of pessimism, and even more noise have flooded the headlines in the month of May. Here are some of the topics I am sure you have
More informationMECH JOB INFORMATION SPECIFICATIONS NOTES
Portfolio Management A B Welcome to the Portfolio Management program. There comes a point when managing your assets can easily become a full-time job. As your life evolves, not only can your financial
More informationMaximizeYour Impact. MorganStanleyGlobal Impact FundingTrust (GIFT): Impact Pools. CRC (3/2015) Expiration (3/2016)
MaximizeYour Impact MorganStanleyGlobal Impact FundingTrust (GIFT): Impact Pools CRC1126157 (3/2015) Expiration (3/2016) Global Impact Funding Trust (GIFT) Introduction The Morgan Stanley Global Impact
More informationTHE DURSO WEALTH MANAGEMENT GROUP AT MORGAN STANLEY
Morgan Stanley 20 Linden Place Red Bank, NJ 07701 (732) 936-3400 AT MORGAN STANLEY AT MORGAN STANLEY DISCRETIONARY PORTFOLIO MANAGEMENT INVESTMENT STRATEGIES Investments and services offered through Morgan
More informationInvestment Perspectives. From the Global Investment Committee
Investment Perspectives From the Global Investment Committee Introduction Domestic equities continued to race ahead during the fourth quarter of 2014 amid spikes in volatility, dramatic declines in oil
More informationThe Sedgewood Group at Morgan Stanley
James W. Freeman Director Wealth Management Family Wealth Director Financial Advisor Portfolio Manager C. Lee Ives, III, CFP First Vice President Wealth Management Investment Management Consultant Financial
More informationThe Beyer Stein Group at Morgan Stanley
BSG The Beyer Stein Group at Morgan Stanley Global Multi-Asset ETF Portfolio Management An Efficient Approach to a Diversified Investment Plan 522 Fifth Avenue 15th Floor, New York, NY 10036 212-296-1008
More informationSUMMARY OF ASSET ALLOCATION STUDY AHIA August 2011
SUMMARY OF ASSET ALLOCATION STUDY AHIA August 2011 Expected Return 9.0% 8.5% 8.0% 7.5% 7.0% Risk versus Return Model 3 Model 2 Model 1 Current 6.0% 6.5% 7.0% 7.5% 8.0% 8.5% 9.0% Expected Risk Return 30%
More informationWealth Management Perspectives
Wealth Management Perspectives Covered Calls 1 Can Provide Downside Support CBOE S&P 500 Buy Write Index vs S&P 500 Dispersion of Returns Data as of June 1, 1989 to October 31, 2016 160 140 144 120 Count
More informationSummary of Asset Allocation Study AHIA May 2013
Summary of Asset Allocation Study AHIA May 2013 Portfolio Current Model 1 Model 2 Model 3 Total Domestic Equity 35.0% 26.0% 24.0% 31.0% Total Intl Equity 15.0% 18.0% 17.0% 19.0% Total Fixed Income 50.0%
More informationMorgan Stanley. The Indigo Group. Investing with Impact Champions. The Indigo Group Morgan Stanley CRC
Morgan Stanley Investing with Impact Champions The Indigo Group CRC 1619845 The Indigo Group at Morgan Stanley 3280 Peachtree Road NE Suite 1900 Atlanta, GA 30305 2 The Indigo Group at Morgan Stanley The
More informationWealth Management Perspectives
Wealth Management Perspectives Tax Tables To Help You in Your Investment Decisions 2018 Edition Federal Report, 2018 Edition Married Couple Filing Joint Return (MFJ) If Taxable Income is: OVER: But Not
More informationThe Capitol Won Group at Morgan Stanley 400 Capitol Mall Suite 1900 Sacramento, CA
The Capitol Won Group at Morgan Stanley 400 Capitol Mall Suite 1900 Sacramento, CA 95814 916-341-7646 CapitoWonGroup@MorganStanley.com Why Morgan Stanley? One of the world s strongest investment organizations
More informationMorgan Stanley Pathway Alternative Strategies Fund (TALTX)
Morgan Stanley Pathway Alternative Strategies Fund (TALTX) Objective: Seeks to Generate Long-Term Growth Across Market Cycles with Reduced Correlation to the Equity and Fixed Income Markets KEY STATISTICS
More informationTHE DURSO WEALTH MANAGEMENT GROUP AT MORGAN STANLEY
Morgan Stanley 20 Linden Place Red Bank, NJ 07701 (732) 936-3400 THE DURSO WEALTH MANAGEMENT GROUP AT MORGAN STANLEY THE DURSO WEALTH MANAGEMENT GROUP AT MORGAN STANLEY DISCRETIONARY PORTFOLIO MANAGEMENT
More informationPlan for Your Future. Make It Happen.
Plan for Your Future. Make It Happen. John W. Carnes, CFP Vice President The Fedor Group at Morgan Stanley KSPE Annual Convention Lexington, KY May 22, 2014 2013 Morgan Stanley Smith Barney LLC. Member
More informationThe Bermont/Carlin Group at Morgan Stanley. was founded in 1974 to provide personalized. investment management and financial planning
The Bermont/Carlin Group at Morgan Stanley was founded in 1974 to provide personalized investment management and financial planning as well as access to banking and trust services to a limited number of
More informationDonor-Advised Funds. Morgan Stanley Global Impact Funding Trust (GIFT)
Donor-Advised Funds Morgan Stanley Global Impact Funding Trust (GIFT) A Donor-Advised Fund Can Simplify Your Philanthropic Giving A donor-advised fund (DAF) is a private fund administered by a third party
More informationUnderstanding Employee Stock Options
Understanding Employee Stock Options Family Office Resources Compensation in the form of employee stock options tends to carry a significant level of risk and a high degree of complexity. Investors who
More informationGlobal Investment Committee Themes
Global Investment Committee Themes The Global Investment Committee (GIC), which meets monthly to review the economic and political environment and asset allocation models for Morgan Stanley Wealth Management
More informationWealth Management Perspectives
Wealth Management Perspectives Consider More Aggressive Cash Management As of October 2017 Over the past year, the Fed s actions have driven rates over 1% inside a 2-year maturity. Investors now have the
More information3 What We Believe. 4 Our Wealth Management Process. 9 Beyond Your Investment Strategy. The Lenox Group at Morgan Stanley
3 What We Believe 4 Our Wealth Management Process 9 Beyond Your Investment Strategy The Lenox Group at Morgan Stanley the lenox group at morgan stanley wealth management Robertson H. Bennett Family Wealth
More informationTax Management Services for Select UMA
Tax Management Services for Select UMA Seeking to Improve After-Tax Returns With Unified Managed Accounts According to the Investment Company Institute, Mutual Funds distributed $398 billion in capital
More informationExecutive Financial Services
Executive Financial Services Strategies for Managing Your Wealth At Morgan Stanley, we understand the regulatory challenges you face as an executive and key insider when trying to access the assets within
More informationMaximize Your Impact. Morgan Stanley Global Impact Funding Trust (GIFT): Impact Pools CRC (7/2016) Expiration (7/2017)
Maximize Your Impact Morgan Stanley Global Impact Funding Trust (GIFT): Impact Pools CRC1527771 (7/2016) Expiration (7/2017) Global Impact Funding Trust (GIFT) Introduction Morgan Stanley GIFT is an independent
More informationWealth Management Perspectives
Wealth Management Perspectives Asset Class Returns: s Can Help Mitigate Risk As of June 30, 2017 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 YTD Managed Futures 10-Yrs ('07-'16) Ann. Return
More informationMANAGED ACCOUNTS. Portfolio Solutions. Providing the guidance and flexibility to meet your customized investing needs
MANAGED ACCOUNTS Portfolio Solutions Providing the guidance and flexibility to meet your customized investing needs INTRODUCING PORTFOLIO SOLUTIONS When it comes to achieving your financial goals, here
More informationThe Fort Dearborn Group at Morgan Stanley Chicago, IL
The Fort Dearborn Group at Morgan Stanley Chicago, IL Income Focused Offerings Fixed Income Rotation Fixed Income Rotation + Alternatives Tax Free Bond Portfolio Taxable Bond Portfolio Short Term Taxable
More informationForm ADV Program Brochure Morgan Stanley Smith Barney LLC. Graystone Consulting. June 30, 2014
Form ADV Program Brochure Morgan Stanley Smith Barney LLC Graystone Consulting June 30, 2014 2000 Westchester Avenue Purchase, NY 10577 Tel: (914) 225-1000 Fax: (614) 283-5057 www.morganstanleyclientserv.com
More informationStrategy Based Investment Portfolios. Summary of Strategy Based Investment Portfolios Composite Performance
Strategy Based Investment Portfolios Summary of Strategy Based Investment Portfolios Performance Strategy Based Investing (SBI) Global Growth Annual Returns Net of Fees Average Annual Returns Through 12/31/16
More informationWealth Management Perspectives
Wealth Management Perspectives Investing with Impact Framework Morgan Stanley s Investing with Impact Framework enables clients to align investment decisions with impact priorities across their portfolio.
More informationFiling Your Tax Forms After Exercising Your Non-qualified Stock Options
tax s DECEMBER 2014 Filing Your Tax Forms After Exercising Your Non-qualified Stock Options SUMMARY Morgan Stanley has prepared the following information to assist you in understanding the tax consequences
More informationExecutive Financial Services Group Capabilities
Morgan Stanley Wealth Management Timothy Davis, CFP Senior Vice President Executive Financial Services Group Director Financial Advisor Executive Financial Services Group Capabilities Morgan Stanley Smith
More informationInvesting With Impact Platform and Select UMA. Balanced Portfolio Equity Portfolio
Investing With Impact Platform and Select UMA Balanced Portfolio Equity Portfolio Overview Investing With Impact Portfolios Part I What is Investing with Impact? Timeline of Investing with Impact Investing
More informationPlan for Your Future. Morgan Stanley Can Help You Achieve Your Financial Goals
Plan for Your Future Morgan Stanley Can Help You Achieve Your Financial Goals 2 MORGAN STANLEY 2016 What Are Your Hopes and Dreams? REGARDLESS OF WHAT STAGE YOUR LIFE IS IN moving ahead in your career,
More informationDURSO WEALTH MANAGEMENT GROUP AT MORGAN STANLEY April 29, 2016 ECONOMIC LANDSCAPE
ECONOMIC LANDSCAPE The risk-on rotation that took hold in early February continued through the end of the first quarter and has spilled over to the month of April. What has changed? Global recession fears
More informationInvesting With Impact Platform and Select UMA. Balanced Portfolio / Equity Portfolio
Investing With Impact Platform and Select UMA Balanced Portfolio / Equity Portfolio Overview Investing With Impact Portfolios Part I What is Investing with Impact? Timeline of Investing with Impact Investing
More informationWriting Covered Call Options Cover is Subject to Change
Writing Covered Call Options Cover is Subject to Change Options may not be suitable for particular investors. Before engaging in the purchase or sale of options, potential clients should understand the
More informationTHE DURSO WEALTH MANAGEMENT GROUP S DISCRETIONARY PORTFOLIO MANAGEMENT INVESTMENT STRATEGIES
Morgan Stanley 20 Linden Place Red Bank, NJ 07701 (732) 936-3400 THE DURSO WEALTH MANAGEMENT GROUP AT MORGAN STANLEY THE DURSO WEALTH MANAGEMENT GROUP S DISCRETIONARY PORTFOLIO MANAGEMENT INVESTMENT STRATEGIES
More informationSAMPLE. John and Jane Smith. LifeView Financial Plan. Prepared by: John Advisor, CFP Financial Advisor. January 04, 2016
LifeView Financial Plan John and Jane Smith Prepared by: John Advisor, CFP Financial Advisor January 04, 2016 Table Of Contents IMPORTANT DISCLOSURE INFORMATION 1-6 Summary of Goals and Resources Personal
More informationForm ADV Wrap Fee Program Brochure Morgan Stanley Smith Barney LLC
Form ADV Wrap Fee Program Brochure Morgan Stanley Smith Barney LLC Fiduciary Services Program Consulting and Evaluation Services Program Investment Management Services Program Private Wealth Management
More informationJames Carpentier-Levy, CFP Financial Advisor Financial Planning & Management for Medical, Dental, & Veterinary Private Practices
James Carpentier-Levy, CFP Financial Advisor Financial Planning & Management for Medical, Dental, & Veterinary Private Practices 101 W BROADWAY SUITE 1800, SAN DIEGO, CA 92101 619-544-6535 / MAIN 800-473-1331
More informationThe All-in-One Alternative? October 2013
The All-in-One Alternative? October 2013 Rui de Figueiredo of Morgan Stanley Alternative Investment Partners says alternative investments should be more accessible to mainstream investors When you hear
More informationAdverse Active Alpha SM Manager Ranking Model
CONSULTING GROUP INVESTMENT ADVISOR RESEARCH DECEMBER 3, 2013 Adverse Active Alpha SM Manager Ranking Model MATTHEW RIZZO Vice President Matthew.Rizzo@ms.com +1 302 888-4105 Introduction Investment professionals
More informationThe Indigo Group at Morgan Stanley. Indigo Sustainable Portfolios
The Indigo Group at Morgan Stanley Indigo Sustainable Portfolios 3280 Peachtree Road, NE Suite 1900, Atlanta, GA 30305 404-264-4288 / MAIN 800-421-2741 / TOLL-FREE 470-558-3536 / FAX The Indigo Group at
More informationWealth Management Perspectives
Wealth Management Perspectives What Is Social Security? Social Security provides a safety net for eligible Americans that can supplement a pension, personal investments, and savings. Your Social Security
More informationPART TWO: PORTFOLIO MANAGEMENT HOW EXPOSURE TO REAL ESTATE MAY ENHANCE RETURNS.
PART TWO: PORTFOLIO MANAGEMENT HOW EXPOSURE TO REAL ESTATE MAY ENHANCE RETURNS. MAY 2015 Burland East, CFA CEO American Assets Capital Advisers Creede Murphy Vice President, Investment Analyst American
More informationMerrill Edge Select Portfolios. Portfolio management by Merrill Lynch
Merrill Edge Select Portfolios Portfolio management by Merrill Lynch Merrill Edge Select Portfolios As an individual investor, sorting through the multitude of available mutual funds and exchange-traded
More informationAlternative Investments. Innovative Strategies for Asset Allocation
Alternative Investments Innovative Strategies for Asset Allocation A Culture of Investment Excellence With a unique combination of resources and capabilities, Morgan Stanley offers quality advice and distinctive
More informationThe Pokorny Group at Morgan Stanley Smith Barney. Your success is our success.
The Pokorny Group at Morgan Stanley Smith Barney Your success is our success. Our Mission With nearly two decades in the brokerage industry, we offer you an insightful and experienced team that is committed
More informationForm ADV Wrap Fee Program Brochure Morgan Stanley Smith Barney LLC
Form ADV Wrap Fee Program Brochure Morgan Stanley Smith Barney LLC Select UMA Program April 26, 2018 2000 Westchester Avenue Purchase, NY 10577 Tel: (914) 225-1000 www.morganstanley.com This Wrap Fee Program
More informationConsulting Group: An Introduction
2 Disciplined Investment Process 3 Investment Advisory Programs 5 Global Resources, Local Perspective product consulting group Consulting Group: An Introduction summary The last several years have proven
More informationWealth Management Perspectives
Wealth Management Perspectives How to Protect Yourself After a Potential Data Breach Being informed and proactive can help mitigate the risks associated with any data breach. Consider the below tips: Sign
More informationWealth Management Perspectives
Wealth Management Perspectives An Alternative Method to Fund Alimony Payments If you are making alimony payments, you may know that they need to be made in cash to qualify as tax deductible If cash is
More informationWhat Is Investing With Impact?
What Is Investing With Impact? FINANCIAL GOALS Financial performance driven by economic fundamentals INVESTING WITH IMPACT IMPACT GOALS Positive social and/or environmental outcomes driven by values and
More informationq merrill edge guided investing strategy profile CIO Moderately Conservative ETF Core Tax Aware
Overview This Strategy seeks to provide diversified exposure among three major asset classes for a client's account with a moderately conservative target asset allocation. In normal market conditions,
More informationP O L A R I S The Proprietary Guidance System for Equity Strategy Performance
P O L A R I S The Proprietary Guidance System for Equity Strategy Performance 3000 ATRIUM WAY, SUITE 520 MT. LAUREL, NEW JERSEY 08054 TEL. 856.751.1331 FAX 856.751.1141 Member FINRA & SIPC Polaris System
More informationThe first of these laws, the Taft-Hartley Act of 1947, established
Briefing Taft-Hartley Funds Helping Taft-Hartley Trustees Fulfill Their Fiduciary and Investment Responsibilities Taft-Hartley plan trustees are bound by fiduciary responsibilities that require them to
More informationThe Basch Anderson Miller Group at Morgan Stanley. Customized Solutions for Every Client
The Basch Anderson Miller Group at Morgan Stanley Customized Solutions for Every Client 3993 Howard Hughes Pkwy St 800 NMLS#1288381, Las Vegas, NV 89169 702-737-8143 / MAIN 855-291-4921 / TOLL-FREE 702-425-9494
More informationZEGA FINANCIAL LLC. ZEGA s Buffered Index Growth (ZBIG) June ZEGA Financial. All rights reserved.
ZEGA FINANCIAL LLC ZEGA s Buffered Index Growth (ZBIG) June 2018 2018 ZEGA Financial. All rights reserved. DISCLOSURE Information presented does not involve the rendering of personalized investment advice,
More informationA Firm You Can Trust
A Firm You Can Trust Morgan Stanley has over 80 years of experience advising our clients on creating, trading, managing and distributing capital and we do so with a standard of excellence. At Morgan Stanley
More informationForm ADV Wrap Fee Program Brochure Morgan Stanley Smith Barney LLC
Form ADV Wrap Fee Program Brochure Morgan Stanley Smith Barney LLC Select UMA Program January 10, 2018 2000 Westchester Avenue Purchase, NY 10577 Tel: (914) 225-1000 www.morganstanley.com This Wrap Fee
More informationWealth Management Perspectives
Wealth Management Perspectives A Donor-Advised Fund can Simplify Your Philanthropic Giving A donor-advised fund (DAF) is a private fund administered by a third party and created for the purpose of managing
More informationWealth Management Perspectives
Wealth Management Perspectives Managing Your Financial Life Can Be Complicated TAXES CORPORATE COMPENSATION SEC REGULATIONS RETIREMENT PLANNING CONCENTRATED POSITIONS CASH MANAGEMENT LEAVING A LEGACY BLACKOUT
More informationGoals-Based Wealth Management
Goals-Based Wealth Management You Have Goals A MEANINGFUL LEGACY FOR YOUR LOVED ONES A COMFORTABLE RETIREMENT A SECOND HOME, TRAVEL OR OTHER RECREATIONAL PURSUIT A COLLEGE EDUCATION FOR YOUR CHILDREN OR
More informationDo your spouse, son and daughter have the ability to carefully manage substantial inherited assets?
Trust Services Trust Services Do your trusts contain checks and balances to protect future generations? Do your spouse, son and daughter have the ability to carefully manage substantial inherited assets?
More informationForm ADV Program Brochure Morgan Stanley Smith Barney LLC. Graystone Consulting. March 29, 2018
Form ADV Program Brochure Morgan Stanley Smith Barney LLC Graystone Consulting March 29, 2018 2000 Westchester Avenue Purchase, NY 10577 Tel: (914) 225-1000 Fax: (614) 283-5057 www.morganstanley.com This
More information