Granite State Group at Morgan Stanley

Transcription

1 Granite State Group at Morgan Stanley

2 1000 Elm Street 14th Floor, Manchester, NH / Main / Toll-Free / fax Kurt.A.Patten@ms.com

3 Granite State Group at Morgan Stanley There comes a point when managing your assets can easily turn into a full-time job or even become an overwhelming challenge. As your life evolves, not only does your financial strategy become more complex, but your options for implementing it increase as well. Frequently, evaluating these options and choosing wisely among them may require the time and expertise of several financial professionals. In such situations, it can make sense to partner with a Morgan Stanley Financial Advisor who not only can understand your diverse financial needs, but has access to customized programs that can be utilized to provide you with best-in-class solutions. As a designated Family Wealth Director, our mission is to provide you with advisory services that include, and extend beyond, investment management. We take pride in being able to offer our clients access to Morgan Stanley s, and other third parties, skilled staff who specialize in disciplines such as wealth transfer, asset protection and philanthropic services. Our goal is to understand your vision, preferences and unique circumstances so that we can work with you to help develop an overall wealth management strategy that meets your needs. This brochure is designed to provide you with a brief overview of the types of services that we, and our external partners, offer. It touches on a number of topics, such as family governance and dynamics, trust services and various investment opportunities from which you can choose to help realize your overall goals. We look forward to working with you to develop a personalized strategy that will help provide you with the secure financial future you need and deserve. Granite State Group 3

4 Meet the Professionals Kurt A. Patten, CFP Family Wealth Director Senior Vice President Wealth Management Portfolio Management Director Left to right: Bryant Trombly, Mary Cronin, Kurt A. Patten, Donna W. Boulay Kurt is a long term New Hampshire resident who joined Smith Barney s predecessor firm in Kurt s strength is his ability to ascertain from clients not only their wants but their needs. Based on his commitment to strengthening the client relationship, he utilizes an in-depth discovery process designed to obtain information critical to the potential success of an investment plan. He places great value on his personal relationship with each client and strives to be their personal CFO. In his spare time, he is involved with youth sports and several non-profit organizations. He resides in Bedford, NH and also enjoys spending time (preferably outside) with his wife Cathy and his kids, Matthew, Molly and Sean. Licenses: Series 7, 63, 65 and Insurance (Life, Accident & Health) Education: University of NH, B.S. 4 Morgan Stanley

5 Donna W. Boulay Relationship Manager Financial Advisor Wealth Management Mary Cronin Registered Sales Associate Bryant Trombly Portfolio Management Associate Donna began her career in the securities industry at Merrill Lynch where she worked with a team of 4 financial advisors. She joined Smith Barney in 2000 and was promoted in 2003 to Vice President Operations Manager. She partnered with Kurt in 2009 to form the Granite State Group at Morgan Stanley. Donna manages insurance issues, conducts client discovery and review meetings and acts as administrator for the team. Donna resides in Goffstown, NH and Newport, RI with her husband Robert and beloved dogs. She loves to garden and spend time decorating her antique homes. She volunteers for the Newport Preservation Society and is a frequent award winner in the Newport Flower Show. Licenses: Series 7, 63, 65, 9, 10 and Insurance (Life, Accident and Health) Education: Merrimack College, B.S. Accounting. Mary joined EF Hutton, a predecessor firm of Morgan Stanley Smith Barney, in For 25 years she has been assisting top producers by providing excellent client service. She enjoys getting acquainted with her clients and forming strong relationships with them. Mary assists the entire Granite State Group in various phases of financial services including fundamental client support. Her professionalism and integrity have earned her the honor of Excellence in the Workplace awarded by the Merrimack Rotary Club in Mary lives in Goffstown with her husband, Paul and their Devon Rex cats. During her free time she enjoys entertaining family and friends as well as travelling, mountain climbing and snowshoeing. Bryant graduated from the University of New Hampshire with a B.S. in Resource Economics. Bryant s responsibilities include investment research and analysis, planning, and asset allocation strategies. Granite State Group 5

6 The Strength of Morgan Stanley Since its founding in 1935, Morgan Stanley and its people have helped redefine the meaning of financial services. The Firm has continually broken new ground in advising its clients on strategic transactions and in providing new opportunities for individual investors. Our clients have always been at the heart of everything we do and we continue to serve them with ingenuity, integrity and the highest standards of excellence. Thanks to the dedication and hard work of more than 60,000 Morgan Stanley employees, our premier client franchise is stronger than ever. According to James Gorman s 2012 Annual Letter to Shareholders, Morgan Stanley posted 2011 net revenues of $32.4 billion and reinforced our position in the marketplace as a trusted advisor to our clients. In 2011, Morgan Stanley was #1 or #2 in M&A and Equity Underwriting. The Firm ranked #1 in completed M&A, advising on eight of the top 10 transactions. We continue to be the underwriter of choice for equity offerings and initial public offerings and led the largest U.S. equity offering and largest global IPO of the year. According to the Morgan Stanley 2010 Annual Report, Morgan Stanley Smith Barney LLC had over $1.7 trillion in client assets under management. Indeed, if there is a single characteristic more than any other that has defined Morgan Stanley throughout the past 75 years, it is the quality of our people and the passion and excellence with which they have built the Firm and served our clients. That was the defining characteristic in 1935 when we opened for business and it is what defines us today with more than 1,200 offices in 42 countries.* *As of January 20, MorGan Stanley

7

8 Our Commitment to You As your Family Wealth Directors, we will ask questions that help us find out about you, the kind of lifestyle you enjoy, what you want to accomplish for you and your family, what worries you and what you re passionate about. And, to help you reach your overall wealth management goals, we are committed to providing you with the following: Exceptional personal service Commitment to objectivity Dedication to simplicity Meaningful integration of life and wealth Exclusive client events In the end, our aim is to provide you with a plan where we: Design comprehensive and customized investment strategies Bring the specialists to you Implement and monitor results 8 MorGan Stanley

9

10 Wealth Planning Morgan Stanley Financial Advisors have a long history of providing wealth planning for high net worth individuals and institutional clients. Our overall strategy involves an integrated approach covering such diverse topics as: The Wealth Planning Process consists of the following four basic steps: Family governance and dynamics Philanthropic services Business succession Wealth transfer Personal asset protection* Lifestyle advisory* Private healthcare advisory* Investment opportunities We assist families with the goal of maintaining unity and affluence across generations. By providing you with personalized and consultative guidance throughout the process, we believe this goal can be achieved. *We may refer to a third party or an affiliate 10 Morgan Stanley

11 1Discovery Identifying your values and goals Family Risk tolerance 4Monitoring Ongoing evaluation and reporting Track progress toward goals Set/follow guidelines for liquidity, asset allocation Notification when portfolio strays outside guidelines Performance reporting Online access The Wealth Planning Process 2Analysis & Recommendations Helping you to build an action plan Identification of liabilities and risks Coordination with outside advisors Action plan growth, preservation and / or wealth transfer 3Implementation Providing access to services and providers Trusts Philanthropy Family mission and bylaws Asset management

12 Philanthropic Services One of the most important services we offer is to assist clients in translating their family legacies and personal values into results-oriented, strategic giving programs. Listed below are the various types of philanthropic services that we can provide. estate and legacy planning Advising on establishment of private foundations and other planned giving vehicles grant-making strategies 12 Morgan Stanley

13 Philanthropic Services Provided donor events and giving circles foundation strategies Helping to integrate philanthropy into wealth management plans Assisting with the creation of philanthropic mission statements research, analysis and operational solutions family and philanthropy resource network board development, placement and internship services Providing tools to track the effectiveness and impact of philanthropy nonprofit collaborations and alliance services Helping clients to pool philanthropic resources in areas of mutual interest Drawing upon our firm s global reach and expertise in philanthropy Assisting individuals, families and foundations in translating interests and values into: Effective grant-making Intergenerational philanthropic planning, and Board governance

14 Lifestyle Advisory* Lifestyle Advisory is designed to enhance your overall life by giving you access to individuals or organizations that can provide solutions to particular challenges you may currently face or will face in the future. It is your ticket to an array of personal consultants in many lifestyle management areas such as Aircraft Management, Art Advisory, Private Health Advisory and Personal Security, to name just a few. These introductions provide ease in handling the exceptional needs of the affluent family. This service provides knowledgeable, highly personal assistance to meet a wide range of your family s needs, from the everyday to the extraordinary. With the right referral, a phone call leads to a ticket to a sold-out event, a travel experience turns out to be the trip of a lifetime, or home management becomes less stressful and more rewarding. Lifestyle Advisory provides you access to purveyors of unique experiences. 14 Morgan Stanley

15 Lifestyle Advisory can introduce you to: Aircraft Advisory and Charter Resources 3 Private Health Advisory Services 5 Entertainment Experiences and Agents for Special Events 7 Art Advisory and Finance 2 Luxury Travel Companies 4 Personal Security and Home Advisory Services 6 Resources for Household and Administrative Staffing Needs 8 Education and Admission Counselors *Services provided by third parties, not Morgan Stanley. Morgan Stanley will not have any input concerning such services. For additional information, please contact your Family Wealth Director.

16 The Firm makes no representations regarding the suitability or otherwise of the products or services provided by any Service Provider(s). There may be additional service providers who offer this service, and you may wish to identify such other providers for comparative purposes. If you choose to contact a healthcare advisory Service Provider(s), we recommend that you interview such Service Provider(s), do thorough due diligence, and make your own independent decision. Risk Considerations for Alternative Investments. Alternative investments often are speculative and include a high degree of risk. Investors could lose all or a substantial amount of their investment. Alternative investments are suitable only for eligible, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time. They may be highly illiquid and can engage in leverage and other speculative practices that may increase the volatility and risk of loss. Funds of hedge funds typically have higher fees than single manager vehicles as they are subject to an additional layer of fees charged by the fund of funds manager. Alternative investments involve complex tax structures, tax inefficient investing and delays in distributing important tax information. Alternative investment funds are often unregulated and are not subject to the same regulatory requirements as mutual funds, and are not required to provide periodic pricing or valuation information to investors. Investor Eligibility Requirements. For the types of alternative investments discussed here, it is important to note that such investments are not suitable for all investors and, depending on the investment, they typically require the investor to be an accredited investor and/or a qualified client or purchaser. Diversification and asset allocation do not assure a profit or protect against a loss. Morgan Stanley and its Wealth Advisors do not provide tax or legal advice. This material is not intended or written to be used for the purpose of avoiding tax penalties that may be imposed on the taxpayer. Individuals should consult their personal tax and legal advisors before making any tax- or legal-related decisions. With respect to fixed income securities, please note that, in general, as prevailing interest rates rise, fixed income securities prices will fall. Investing in the markets entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. There is no guarantee that these strategies will succeed. The information is intended to illustrate products and services available. The strategies do not necessarily represent the experience of other clients, not do they indicate future performance. Investment results may vary. The investment strategies presented are not appropriate for every investor Morgan Stanley Smith Barney LLC. Member SIPC PS / / 12