Why Choose The Aistear Group at Morgan Stanley. 601 Union Street Suite 5200 Seattle, WA 98101

Transcription

1 Why Choose The Aistear Group at Morgan Stanley 601 Union Street Suite 5200 Seattle, WA

2 Our Commitment To Our Clients Financial Planning: A disciplined process that helps prevent behavioral bias and strives to position you to meet your financial objectives. Advice: Personalized wealth management advice, reflecting the firms best thinking and access to resources, across your entire personal balance sheet. Transparency: Monthly calls and semi-annual reviews to review your wealth management strategy. Legacy: Engage your children and family as resource to help discuss ongoing financial planning needs Access: Invitations to Morgan Stanley client events and speaker engagements as well as access to a global range of resources and experienced investment professionals. 2

3 Considerations to Explore When Developing APersonalized Standard of Care 1 FAMILY WEALTH MANAGEMENT LIFE PLAN FINANCIAL INVESTMENT RETIREMENT WEALTH ASSET PROTECTION EXECUTIVE BUSINESS OWNER Goals Analysis Needs, Wants, Wishes Evaluation of Alternatives Probability Analysis Monitoring Progress Economics and Business Cycles Fiscal Policy Monetary Policy Economic Indicators Business Cycles Inflation, Deflation, Stagflation Lifestyle Review Retirement Vision Evaluating Needs, Wants, Wishes Wills and Legal Documents Records Organization Health Care POA Living Will Durable POA Capital Needs and Disability Analysis Life Insurance Disability Insurance Benefits and Incentive Compensation Analysis Types and Provisions Income Tax Implications Business Needs Ownership Control and Liquidity Key Opportunities Key Challenges Budgeting and Cash Flow Budget Evaluation Cash Flow Management Saving Strategies for Education Retirement Asset Allocation Risk Tolerance Strategic and Tactical Active and Passive Rebalancing Retirement Income Coordination of Fixed and Variable Sources of Income IRA / 401(k) / 403(b) Annuities Effects of Longevity Inflationary Risk Legacy Planning Gifting and Uses of Trusts Annual Gifting Lifetime Gift Exemption Revocable and Irrevocable Trusts Testamentary Trusts Grantor Trusts Property / Casualty and Special Insurance Umbrella Liability Directors and Officers Employee Practices Liability Insurance(EPLI) Stock Options Vesting Analysis Optional Exercise Strategies Cash Management and Capital Needs Review Deposit / Treasury Services Lines of Credit Growth Capital Debt Analysis Borrowing Needs Secured vs. Unsecured Buy vs. Lease / Rent Investment Selection Portfolio Construction Manager Selection Discretionary vs. Non- Discretionary Performance Reviews Social Security and Pension Election Benefit Commencement Decision Family Governance and Dynamics Protect the Wealth Plan Family Mission Statement Family Councils Exempt Assets and Entities Usage State Exempt Assets LLCs FLPs Consecrated Position Analysis Risk Analysis Diversification Strategies Retirement and Benefits Assessments 401(k) / Profit Sharing and Defined Benefits Plans Non-Qualified Deferred Compensation Special Circumstances Marriage / Divorce Disability / Illness Non-Traditional Families Job Change and Job Loss Dependents with Special Needs Tax Efficient Investing Taxable vs. Tax Free Tax-loss Harvesting Healthcare Healthcare Spending Accts. Medicare Long-Term Care Charitable Planning Charitable Trusts Direct Bequests Donor Advised Funds Private Foundations Trusts Spendthrift Provisions Domestic Asset Protection Trusts Executive Stock Monetization Sales of Restricted Shares under Rule 144 Rule 10b5-1 Trading Plans Loans and Hedging Strategies Risk Management Continuity Planning Buy Sell Agreements Key Employee Life Split-Dollar Life Personal and Family Security Home Travel Identity Theft Succession or Exit Planning Valuation Maximization Strategic Sale Financial Recapitalization Employee Stock Ownership (ESOP) 1. Many of these topics may include products and services which are provided by Morgan Stanley Smith Barney LLC or affiliates and may not be available in all areas. Some of these services are provided by third parties including your personal tax advisor or attorney for matters involving taxation and tax planning and your personal attorney for matters involving trust and estate planning and other legal matters. For additional information please speak to a Financial Advisor or visit for more information. Please see the end of this presentation for important disclosure information. 3

4 Working With Clients: Team Approach Your Family Investing Strategies Global Investment Committee (GIC) Consulting Group Alternative Investment Financial Advisor Todd E. Bonime Senior Vice President Bareq A. Peshtaz, CIMA Vice President James R. Carney, CFP Vice President Douglas A. Webb Financial Planning Specialist Client Servicing Team Ann Boberg, CRPC Wealth Management Associate Suzie Locke Client Service Associate Seattle Complex Manager D. Alex Burlingame Managing Director Wealth Planning Strategies Dedicated professionals, including experienced estate attorneys and tax attorneys.* Comprehensive In-House Services Balance Sheet Management Risk Management Corporate Services 4 Aistear Group Presentation CRC /2016 * Although they may be admitted attorneys, planning directors and other wealth planning center personnel holding legal degrees are acting purely in a non-representative capacity. Neither they nor Morgan Stanley provide tax or legal advice to clients or to Morgan Stanley.

5 Professional Biography Todd E. Bonime Senior Vice President Wealth Management Financial Advisor Financial Planning Specialist NMLS # CAOIC # OB24851 For many of our clients, Todd is the first person they meet when working with The AistearGroup. He heads our business development efforts, forging relationships with attorneys, accountants and other centers of influence who understand the value that an experienced team of financial professionals can offer their clients. In addition, Todd s extensive capital markets background provides our trading-oriented clients with a source to whom they can turn for guidance on individual stocks and new issues. Todd began his financial services career more than three decades ago. A native of Portland, Oregon, he had always been fascinated by the financial markets and after graduating from Pomona College in California, he moved to New York to pursue his dream. There, he served as the link between equity research analysts and Financial Advisors at a Morgan Stanley predecessor firm. Two yearslater, he moved back to the Northwest with the experience and contacts to begin his own career as a Financial Advisor. Todd played varsity tennis in college and still competes with a number of USTA teams. Todd was a long-time member of Rotary 4 and volunteered with The Boys and Girls Clubs of Seattle. He and his wife reside in the Madison Park area of Seattle. 5

6 Professional Biography Bareq A. Peshtaz CIMA Vice President Wealth Management Family Wealth Advisor Financial Advisor NMLS # Bareq co-founded The AistearGroup with the vision of serving as our clients personal CFO. His previous experience as a business owner and key executive convinced him that successful people often lack the time to focus on personal finances. What they needed, he reasoned, was the same caliber of financial advice and acumen that CFOs provide their CEOs on an ongoing basis. Bareq joined Morgan Stanley in 2013, realizing the firm offers the extensive resources and collaborative spirit necessary to advise sophisticated clients. He soon earned the firm s prestigious Family Wealth Advisor designation, a credential awarded to only a few hundred of Morgan Stanley s 16,000 Financial Advisors. More important, it was a credential that affirmed his ability to provide successful families with the guidance to manage their assets, make more informed philanthropic decisions and transfer their wealth from one generation to the next without excessive taxation or family conflict. Bareq manages a number of client relationships but focuses much of his attention on the team s investment efforts. As a Certified Investment Management Analyst, CIMA professional, he oversees the creation of our portfolio models. Our disciplined investment process is implemented through analysis and identification of both internal and third party investment management organizations with histories of outstanding performance and organizational excellence. He is Chair of the Board of Trustees of Childhaven, is a Seattle s Children s Hospital Legacy Advisory and member of Seattle Rotary #4. In addition, he is a growing supporter of the Brain Injury Association of Washington. Bareq is a graduate of University of Washington with a BS in Cell and Molecular Biology. He completed Yale School of Management s distinguished Investment Management Theory & Practice program, earning the prestigious CIMA certification. Bareq resides in Bellevue with his wife and three young children and their dog Baxter. 6

7 Professional Biography James R. Carney CFP Vice President Wealth Management Family Wealth Advisor Financial Advisor NMLS# Jim co-founded The AistearGroup and serves as our team s chief wealth management strategist. A Certified Financial Planner, he synthesizes the diverse elements of our clients financial plans and strives to make certain that the strategies we recommendwork in concert toward their ultimate objectives. Through his more than 30-year financial services career, Jim has helped household name technology firms structure complex financings and wealthy families manage their portfolios and plan their estates. Jim joined Morgan Stanley in 2012 after tenures at such firms as KeyCorp and Bernstein Global Wealth Management. A Morgan Stanley Family Wealth Advisor with the credentials to provide high net worth clients with the guidance they need to help meet the challenges that invariably accompany wealth, Jim graduated from The University of Washington with a BA in Finance and Marketing. Later, James earned a Financial Planning Certificate from The University s Foster School of Business and an MBA from Seattle University. Outside of the office, he is a self-professed serial volunteer who has served on a number of non-profit boards, including the YMCA and Northwest Family Business Advisors. James recently completed a term as the chair of the Seattle s Children s Hospital Legacy Advisory Council and currently sits on the boards of Washington Planned Giving Council and Leave 10. 7

8 Professional Biography Douglas A. Webb Financial Planning Specialist Financial Advisor NMLS# A Morgan Stanley Financial Planning Specialist, Doug plays a key role in developing comprehensive plans for AistearGroup clients. Specifically, he meets with them to gather the input necessary to create what is essentially a roadmap with tangible recommendations for achieving specific personal goals. He then assists in presenting the plan so that the clients have a firmgrasp on options available to them. In addition, Doug confers often with the children of current clients to educate them on the basics of investing and other financial topics. In many cases, he has provided them with their first financial plan. A graduate of Gonzaga University with a BA in Economics, Doug studied abroad at London Metropolitan University where he received his Master's in International Economics and Trade.Upon returning to the US, he began his career in financial services in Beverly Hills, California where he researched and traded equities and municipal bonds at M.L. Stern and Co. Dougwas then the trader at Tower Asset Management, also in Beverly Hills, before joining Morgan Stanley in Doug resides in Seattle's Belltown neighborhood and serves as a Next Generation Legacy Advisor to Seattle Children's Hospital. 8

9 9 James Carney, Family Wealth Advisor, Jo-Ann Loo, Sr. Client Service Associate, Doug Webb, Financial Planning Specialist, Bareq Peshtaz, Family Wealth Advisor, Juliet Khumalo, Sr. Client Service Associate, Todd Bonime, Financial Planning Specialist

10 "Success in investing does not correlate with I.Q once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing Warren Buffett 10

11 Disclaimers 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. Tax laws are complex and subject to change. Morgan Stanley Smith Barney LLC ( Morgan Stanley ), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice and are not fiduciaries (under ERISA, theinternal Revenue Code or otherwise) with respect to the services or activities described herein except as otherwise provided in writing by Morgan Stanley and/or as described at Individuals are encouraged to consult their tax and legal advisors (a) before establishing a retirement plan or account, and (b) regarding any potential tax, ERISA and related consequences of any investments made under such plan or account. The views expressed herein are those of the author and do not necessarily reflect the views of Morgan Stanley Wealth Management or its affiliates. All opinions are subject to change without notice. Neither the information provided nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Past performance is no guarantee of future results. Morgan Stanley Smith Barney LLC. member SIPC (CRC# /18 ) 11