Morgan Stanley Private Wealth Management


The Davis/Yost Group

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The Davis/Yost Group

A boutique group within a global firm, Private Wealth Management is optimized to serve ultra high net worth individuals, families and foundations.

Welcome

Welcome

A Holistic, Relationship-Driven Approach to Wealth Management

We are The Davis/Yost Group at Morgan Stanley Private Wealth Management and have multiple decades of banking, business and investment experience. We provide executive and corporate services, access to  cash management and family office services. We believe there is more to wealth planning than investment advice, so we take an integrated, holistic approach in helping you meet your needs and goals.

Each member of our team has an area of focus. Collectively, we have deep experience in financial and estate planning strategies, senior corporate relationship management, commercial and private banking, investment advisory and concierge level client service. By combining our individual talents into a cohesive team, we seek to provide our clients with comprehensive, custom-tailored solutions.

As a Morgan Stanley Private Wealth Management team, we also have access to, and know how to use, the power and extensive resources of one of the world’s preeminent global financial services firms. This means that our recommendations are grounded by a broader global perspective and backed by the latest advanced planning strategies and concepts.

We are unfailingly committed to the clients we serve and bring true passion to every relationship we have. We look forward to hearing about your aspirations and demonstrating how we can help you reach them.

When you work with our team, it all begins with you.

Capabilities

  • Comprehensive Wealth Planning
  • Investment Management
  • Sustainable & Responsible Investing
  • Philanthropy Management
  • Family Governance & Wealth Education
  • Retirement & Pension Plans
  • 10b5-(1) Programs
  • Pre-Liquidity Planning
  • Open-Architecture Platform
  • Manager Selection
  • Hedging Strategies
  • Corporate Stock Plans


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

Philosophy

Philosophy

Our business is built around a single promise to our clients, “whatever we do it’s always about you.” Our success stems from our ability to listen and our understanding that no matter what unique need you have, we will find a solution. Our mission to serve you is based on three principles: trust, integrity and confidentiality. These serve as our compass, guiding every effort we make on behalf of our clients.

Our distinctive process allows us to address both sides of the balance sheet – assets and liabilities. This includes cash management, brokerage and multi-disciplined wealth planning solutions, executive financial services for C-suite officers of publicly traded companies and the companies themselves, as well as family office services.

We will always have your best interest at heart, serving as your advocate in any business arrangement and your stewards for any and all of your wealth management needs. It all begins with you.

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

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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

Family Office Services
-Philanthropic services
-Aggregating reporting
-Lifestyle and health advisory
-Personal security
-Family governance and dynamics advisory
-Educational programs

Wealth Management for UHNW individuals, Families and their Company’s and Foundations
-Brokerage and investment advisory services
-Exclusive Co-investment opportunities
-Retirement plan services
-Alternative investments
-MS proprietary investment opportunities
-Trust, Estate & Legacy planning

Banking and Lending
-Real Estate financing, commercial and home loans (on balance sheet and CMBS)
-Securities based lending
-Access to comprehensive tailored lending solutions
-Cash management services
-Finance of art, aircraft and sports teams

Investment Banking
-Capital raising
-Corporate lending
-Financial advisory services, including advice on mergers and acquisitions, restructurings, project finance
-Merchant banking
-Hedging strategies for commodity, currency and interest rate risk

Important Risk Information for Securities Based Lending:  Borrowing against securities may not be suitable for everyone.  You should be aware that there are risks associated with a securities based loan, including possible margin calls on short notice, and that market conditions can magnify any potential for loss.  You need to understand that: (1) Sufficient collateral must be maintained to support your loan(s) and to take future advances; (2) You may have to deposit additional cash or eligible securities on short notice; (3) Some or all of your securities may be sold without prior notice in order to maintain account equity at required maintenance levels. You will not be entitled to choose the securities that will be sold. These actions may interrupt your long-term investment strategy and may result in adverse tax consequences or in additional fees being assessed; (4) Morgan Stanley Bank, N.A., Morgan Stanley Private Bank, National Association or Morgan Stanley Smith Barney LLC (collectively referred to as “Morgan Stanley”) reserves the right not to fund any advance request due to insufficient collateral or for any other reason except for any portion of a securities based loan that is identified as a committed facility; (5) Morgan Stanley reserves the right to increase your collateral maintenance requirements at any time without notice; and (6) Morgan Stanley reserves the right to call securities based loans at any time and for any reason.

 

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

Meet the Professionals

Managing Significant Wealth

  • Investment Management
  • Wealth Transfer & Philanthropy
  • Cash Management & Lending
  • Family Governance & Legacy
  • Signature Access
  • Business Services

Insights and Outcomes

Thought Leadership from Morgan Stanley Family Office Resources for our ultra high net worth clients, which contains thought-provoking articles, authored by some of the leading FOR specialists.

We look forward to discussing your needs and goals, and the exceptional resources we can place at your disposal.

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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.

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.

CRC 1594390 10/16

Awards Disclosures