Morgan Stanley Private Wealth Management


The Condron Team

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The Condron Team

We strive to simplify financial matters for our clients, so they are free to focus on the people, projects and causes that add meaning to their lives

Welcome

The Condron Team

We are a relatively young team who works with a select group of high-net-worth families, completely dedicating ourselves to meeting their needs. Virtually all of our clients achieved financial success before they came to us. So, we take a long-term, conservative approach to preserving assets, emphasizing broad diversification to combat extreme market volatility. We emphasize multigenerational planning, and strive to establish productive working relationships with every generation of our clients’ families. We believe that preparing younger generations to continue their family legacy is a core part of our offering. We strive to simplify financial matters for our clients, so they are free to focus on the people, projects and causes that add meaning to their lives.

We focus on helping affluent people handle the complex demands of managing their wealth. Acting as a de facto family office, we provide access to the full range of experience and resources required to address multifaceted financial and interpersonal challenges. This includes asset allocation, portfolio construction, financial, tax, estate and legacy planning strategies and more. With access to the full global resources of Morgan Stanley, we provide in-depth research and access to leading money managers, both proprietary and third-party. And with well over a decade of experience working with ultra-high-net-worth families, we understand how to help promote the positive transmission of values and wealth between generations.


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

Our Clients

Clients

We serve a select group of highly accomplished corporate leaders and entrepreneurs, as well as their families and foundations. As of today, we manage over 1.42 billion for approximately 46 families.  All of our clients have investable assets of at least $10 million. They tend to be passionate about their work, involved in their communities, and demanding of their key advisors. Our goal is to meet and exceed their standards by helping them devise strategies to preserve what they have earned and pursue whatever goals they choose.


Devin's dedication to his clients has been recognized by his peers across the financial services industry including:

Top 200 Advisors by Forbes Magazine in 2016
Top 1000 Financial Advisors by Barron's Magazine in 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017
Top 40 Advisors Under 40 by Wall Street On Demand in 2008, 2009, 2011, 2012, 2013

Location

Location

  • 125 High Street, 24th Floor
  • Boston, MA 02110


    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.

    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

    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.

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    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.

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