Morgan Stanley Private Wealth Management


The Burbank Hafeli Schiller Group

Contact Us
The Burbank Hafeli Schiller Group

Delivering the experience, resources and personalized service needed to help affluent families address their most complex wealth management issues.

Welcome

Welcome

The Burbank Hafeli Schiller Group at Morgan Stanley Private Wealth Management is focused on helping grow and preserve the long-term, permanent capital of food, beverage and consumer products entrepreneurs, private equity firm partners, and investment banking professionals.

Our practice has evolved over the past thirty years to serve exceptionally affluent clients with complex investing and planning needs. Mike Burbank’s family co-founded Bristol Farms, a Los Angeles based gourmet grocery store chain that raised private equity growth capital in 1994 and was acquired by Albertsons in 2004. As the son of a founder, Mike experienced the challenges of growing a family business, coordinating tax and estate planning advice, and managing family wealth first hand. The Burbank Hafeli Schiller Group has been structured to help entrepreneurs and their families grow and preserve their personal financial capital and simplify their financial lives through sophisticated financial planning and thoughtful investment management.

Today the Burbank Hafeli Schiller Group at Morgan Stanley Private Wealth Management is a national practice with partners in San Francisco and Baltimore, and manages over $1.7 billion for approximately fifty-five families as of January, 2018. We couple more than three decades of experience serving a select group of uncommonly successful families and individuals with Morgan Stanley’s strength, stature and global resources.


Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck.

Capabilities

  • Comprehensive Wealth Planning
  • Pre-Liquidity Planning
  • Investment Management
  • Philanthropy Management
  • Family Governance & Wealth Education

About PWM

About PWM

Founded in 1977, Private Wealth Management is the division of Morgan Stanley Wealth Management that is dedicated to serving the firm’s most affluent clients, including some of the world’s most accomplished entrepreneurs, executives and stewards of multigenerational wealth.  Functioning as an exclusive investment boutique within a global financial firm, we deliver sophisticated solutions that leverage the intellectual capital and insight of Morgan Stanley’s substantial global resources. Drawing on a deep understanding of your financial life, our goal is to help you:

  • Manage investments with an unwavering focus on your financial strategy and personal goals
  • Create comprehensive, multigenerational wealth management plans based on your needs, challenges and the values that guide your life and legacy
  • Simplify financial complexity to help you achieve clarity and control 

Private Wealth Management Highlights
  • Approximately 250 teams1 specialized in assisting individuals and families with $20MM+ in investable assets
  • Over $300 billion in AUM2
  • Comprising over 20% of the Barron’s Top 100 Financial Advisors list for 20163
  • Direct access to ultra high net worth experts in philanthropy, family dynamics, wealth transfer, lifestyle advisory and other areas of interest to ultra high net worth families

1 Morgan Stanley Internal Compensable Revenue Report, July 21, 2016
2 Morgan Stanley Wealth Management, December 31, 2016
3 Barron’s Top 100 Financial Advisors, April 16, 2016

Approach

Approach

8708849-PWM Advisor Site Proccess Chart r1.jpg

Discovery Process
Investing the time to learn about you and your family; your assets and liabilities and the risk exposures, enables us to formulate strategies and customize the relationship to your needs.

Formulation of Tax, Trust and Estate Strategy
Working with your tax and legal advisors, we help analyze your income and estate tax circumstances to identify and tailor planning techniques that may be used to address your objectives.

Creation of Customized Strategic Asset Allocation
Your customized asset allocation reflects risk, opportunities and taxation across multiple entities, while integrating your investing and estate plans.

Integration of Tactical Asset Allocation
Short-term adjustments seek to capitalize on temporary market distortions. Before making adjustments, we analyze the impact of taxes and trading costs on potential returns.

Implementation of a Customized Wealth Strategy
After comprehensive due diligence and analysis of expected results across multiple market scenarios, strategies are chosen from our expansive investment platform.

Ongoing Assessment
In coordination with your other advisors, we can conduct ongoing reviews and comprehensive reporting to ensure that your strategy adapts to changing financial and family needs.

Our Clients

Clients

Our practice is focused on working with the founders of consumer products companies (food, beverage and personal care, cosmetics, apparel, restaurant, specialty retail, e-commerce) and the founders and managing directors of leading private equity, venture capital and investment banking firms that focus on consumer products. 

Most of our clients have created substantial wealth by growing a private company, harvesting distributions and dividends, selling to a private equity firm or strategic buyer, or taking their company public. 

We serve fifty-five families and advise on over $1.7 billion of assets as of January, 2018. 

How We Serve Our Clients

  • We manage the investments and financial planning for ultra high net worth individuals.
  • We leverage intelligence and expertise from Morgan Stanley, our client networks (confidentially of course), and key advisory relationships to deliver world class expertise to help our clients preserve and grow their financial, family, and  social capital.
What Makes Our Team Different
  • We work with a small number of clients so that we can provide the highest levels of personal, tailored service.
  • We are directly accountable for the decisions we make. Your interests always come first, which allows us to make unbiased decisions on your behalf.
  • We have a willingness and ability to challenge conventional thinking when developing your investment strategy. We take a common sense, long-term approach that focuses on maintaining and increasing your purchasing power while limiting the risk of permanent loss of your hard-earned capital. We are investors, not consultants, and apply a conservative, repeatable, investment approach to everything we do.

Philosophy

Philosophy

  • We structure wealth and customize solutions based solely on an objective view of your needs
  • We align your strategy with the values that have shaped your life and constitute the core of your legacy
  • We act as a fiduciary and put your interests ahead of all else
  • We are investors, not consultants, and make decisions based on grounded investment principals
  • We simplify financial complexity to help you achieve clarity and control


Our Services


We help our clients manage their entire balance sheet. 

We often start working with founders while they are still illiquid and have most of their capital tied up in their business

We have a Four Step Process for helping founders evaluate their current planning (or the lack thereof), spot critical issues and gaps , discuss improvements and implement changes 

We are our clients “designated nags” – planning that is not executed is a waste of time.

Location

Location

  • 555 California Street, 14th Fl
  • San Francisco, CA 94104


      Meet the Professionals

      Managing Significant Wealth

      • Investment Management
      • Wealth Transfer & Philanthropy
      • Private Banking Solutions
      • Family Governance & Wealth Education
      • Lifestyle Advisory
      • Business Services

      Insights and Outcomes

      Thought Leadership from our Morgan Stanley ARC specialists for our ultra high net worth clients, which contains thought-provoking articles, authored by some of the Advanced Resources Center’s leading experts.

      We invite you to contact us.

      Dow    347.51

      25309.99
      4:36PM

      Nasdaq    127.30

      7337.39
      5:15PM

      S&P 500    43.34

      2747.3
      4:36PM
      Market Information Delayed 20 Minutes

      The securities/instruments, investments and investment strategies discussed on this website may not be suitable for all investors. The appropriateness of a particular investment or investment strategy will depend on an investor's individual circumstances and objectives. The views and opinions expressed on this website may not necessarily reflect those of Morgan Stanley Smith Barney LLC (“Morgan Stanley”). This website and its associated content are intended for U.S. residents only.

      Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice.  Visitors to this website should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.

      Morgan Stanley Private Wealth Advisers may only transact business in states where they are registered or excluded or exempted from registration.  Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Morgan Stanley Private Wealth Advisers are not registered or excluded or exempt from registration.

      See the Financial Advisors Biographies for Registration and Licensing information.

      Certified Financial Planner™ Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with flame logo)® in the U.S., which it awards to individuals who successfully complete CFP® Board's initial and ongoing certification requirements.

      Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst (with graph element)®, and Certified Investment Management Analyst .

      Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.

      Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

      Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.

      Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.

      Awards Disclosures