The Rapkin Hersch Group at Morgan Stanley

Transcription

1 The Rapkin Hersch Group at Morgan Stanley Success on your terms 601 Union Street, Suite 2900 Seattle, Washington Phone: Morgan Stanley Smith Barney LLC Member SIPC

2 Seth Rapkin, CIMA Senior Vice President Wealth Advisor A graduate of the University of Washington with a B.A. in Economics, Seth has assisted clients with their Wealth Management needs since Seth s attainment of the CIMA designation gives him the experience to assist clients in developing their asset allocation. He also focuses on helping clients transition into and throughout retirement. His work in this area includes retirement income planning, social security maximization, and addressing the rising costs of healthcare. A winner of the National Sales Director s Award in 2000, Seth has also achieved membership in Morgan Stanley s prestigious Director s Club (2002 & 2003). He is a 2012 & 2013 Five Star Wealth Manager in Seattle Magazine*. Originally from the Northeast, Seth & his wife Jenifer have two children, a daughter Kailee & a son, Noah. Seth is an avid supporter of the University of Washington & its athletic programs, serving on the advisory board for the University s Golf Team. When not working, he enjoys spending time with his family. He enjoys playing basketball at the Washington Athletic Club, where he is a captain in their competitive basketball league. Seth is also an avid golfer and serves as treasurer of the men s golf association at The Plateau Club. Matthew Hersch, CFP Vice President Financial Advisor Matthew is a Financial Advisor with Morgan Stanley and has been helping clients with their financial planning needs since Matthew joined the firm immediately after graduating from Western Washington University, where he obtained his Bachelor s degree in Finance. As a Financial Planning Specialist, Matthew has developed a focus on helping clients with wealth accumulation strategies, including cash flow planning, company stock and option planning, and asset protection. During his tenure with the firm, Matthew has been recognized by Morgan Stanley as a 2011 Pacesetter Club Member and by Seattle Magazine as a 2013 Five Star Wealth Manager*. Matthew and his wife, Alissa, are both natives of the Seattle area and now reside on Queen Anne. In his free time, Matthew enjoys developing his skills as a photographer, cycling, and dining at the newest restaurants in town. The Rapkin Hersch Group at Morgan Stanley 2

3 Danielle Boone - Senior Registered Associate A graduate of University of Arizona, with a Bachelor s degree in History, Danielle began her career with the firm in After spending time in operational and advisory roles, Danielle joined the Rapkin Hersch group in Since joining the group as the lead Client Service Associate, she now helps clients directly with their operational needs. As an integral part of the Rapkin Hersch Group, Danielle, who has received her certificate as a CERTIFIED FINANCIAL PLANNER (CFP ), also contributes to the solutions used to help clients with their financial planning needs. Also a native of Seattle, Danielle, her husband, Ryan, their son, Owen and dog, Ellie, now live in West Seattle. In her free time, Danielle enjoys running, backpacking, and recently climbed Mt. Rainier. Bonnie West Senior Registered Associate Prior to joining the firm in 2000, Bonnie had a successful career in the services industry. As such, she places an extremely high importance on customer service. Bonnie s current role with The Rapkin Hersch Group focuses on addressing the operational and administrative needs and requests of our clients. Given her length of service with the firm, Bonnie is an invaluable asset to the team. In her spare time, Bonnie and her husband enjoy spending time with their five dogs and traveling to competitions throughout the country. They compete and assist in dog obedience classes and stock trials. Bonnie resides in Lynnwood and is a Northwest native. The Rapkin Hersch Group at Morgan Stanley 3

4 Our Commitment to Our Clients We do three things to help our clients and hope for one in return. Simplify their financial lives and help achieve their goals and objectives Seek to develop a plan to generate wealth and sustain the lifestyle they deserve now and in retirement Continuously strive to meet and exceed our clients expectations, while working to make a meaningful difference in their lives What we hope for in return: Should our clients have a question on anything financial, we want to be the first phone call. We want to be our client s primary financial advisor. Our Motto is simple Success on Your Terms The Rapkin Hersch Group at Morgan Stanley 4

5 Our Wealth Management Process WEALTH MANAGEMENT PLAN Comprehensive evaluation of your financial needs, with our recommendations moving forward. DISCOVERY MEETING Complete discovery process, learning specifics regarding your values, goals, concerns, and which relationships matter to you most. INVESTMENT PLAN PRESENTATION Present detailed Investment Plan, outlining account structure, investment allocation, and asset transition. WEALTH MANAGEMENT NETWORK MEETING Morgan Stanley s team of specialists applies its skills to evaluate all aspects of your financial situation and devise appropriate strategies. Client Experience MONITOR We will help monitor both the investment plan and the wealth management plan on an ongoing basis. WHAT S NEW? Discussing changes within your family s circumstances annually, unless immediate attention is required. The Rapkin Hersch Group at Morgan Stanley 5

6 Our Wealth Management Capabilities Financial Planning Estate Planning Strategies Asset Management Risk Management Lending Needs Establishing Financial Goals Establishing Short & Long-Term Goals Wills Health Care POA Living Will Durable POA Investment Policy Statement Allowable Investments Risk Tolerance Asset Protection Life Insurance Review Long Term Care Tailored Lending Personal Lending Business Lending Retirement Planning Accumulation Income Distribution Family Planning Education Savings Special Needs Parental Care Cash Flow Analysis Income vs. Expenses Tax Planning Taxable vs. Tax Free Tax Reduction Plan Trusts Living Trust Credit Shelter Special Needs Generation Skipping Residence Trust Heirs Beneficiary Planning Annual Gifting Estate Transfer Transfer on Death Asset Titling Charitable Giving Charitable Trusts Bequests Donor Advised Funds Legacy Planning Asset Allocation Stocks/Bonds/Cash Alternative Investments Rebalancing Manager Selection Mutual Funds Separate Accounts Income Protection Disability Insurance Liability Insurance Umbrella Coverage We work with each of our clients to help create a tailored financial plan, encompassing strategies that address the specific needs of their situation. When appropriate, we engage our team of Morgan Stanley s specialists to assist with the complexities that your situation may bring. This may include the utilization of our Estate Attorney, Insurance Specialist, or Banking & Lending Professionals. We look forward to working with you to help develop a comprehensive plan and manage, with care, the wealth that you have worked to build throughout your lifetime. Access to Lending Services Securities-Based Lending Portfolio Loan Account Commercial Lending Business Banking Commercial Financing The Rapkin Hersch Group at Morgan Stanley 6

7 The Rapkin Hersch Group Morgan Stanley 601 Union Avenue, Suite 2900, Seattle, WA Phone: Fax: Web: * The Five Star Wealth Manager Award ( the Award ) is based on required eligibility criteria including, but not limited to: Active employment in the financial services industry for a minimum of five years and registrations as an investment adviser representative (or other accepted credentials), favorable regulatory/complaint history reviewed defined by Five Star as not having (1) been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine, (2) had more than a total of three customer complaints filed against them (settled or pending) with any regulatory authority or Five Star Professional s consumer complaint process, (3) individually contributed to a financial settlement of a customer complaint filed with a regulatory authority, (4) filed for bankruptcy, or (5) been convicted of a felony, fulfilled internal employer standards, and acceptance of new clients. The following evaluation criteria are also considered: 1-year and 5-year retention rate, administration of non-discretionary client assets, number of households serviced, and designations (e.g., professional, educational). The Award does not evaluate the quality of services furnished to clients and it is possible that the recipient may have received unfavorable ratings from those surveyed. Neither Morgan Stanley nor its Financial Advisors compensated any person or entity to be considered for the Award and the Award is not indicative of the Financial Adviser s future performance. Five Star Professional collected the information for this Award through surveys it conducted. 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 Smith Barney LLC 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. 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. The investments listed may not be suitable for all investors. Morgan Stanley recommends that investors independently evaluate particular investments, and encourages investors to seek the advice of a financial advisor. The appropriateness of a particular investment will depend upon an investor's individual circumstances and objectives. Diversification does not guarantee a profit or protect against a loss. Life insurance, disability income insurance and long-term care insurance are offered through Morgan Stanley Smith Barney LLCs licensed insurance agency affiliates. Morgan Stanley Smith Barney LLC ( Morgan Stanley ), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. This material was not intended or written to be used, and it cannot be used, for the purpose of avoiding tax penalties that may be imposed on the taxpayer. Clients 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. Securities-based Lending Risks: Borrowing against securities may not be suitable for everyone. You should be aware that securities-based loans involve a high degree of risk and that market conditions can magnify any potential for loss. Most importantly, 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 The Rapkin Hersch Group at Morgan Stanley 7

8 be sold without prior notice in order to maintain account equity at required collateral 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 your securities-based loan at any time and for any reason. Trust and other fiduciary services are provided by third parties, including Morgan Stanley Private Bank National Association, a wholly-owned subsidiary of Morgan Stanley. Tailored Lending is provided by Morgan Stanley Private Bank, National Association, an affiliate of Morgan Stanley Smith Barney LLC. All credit facilities are subject to the underwriting standards and independent approval of Morgan Stanley Private Bank, National Association and other restrictions also may apply, depending upon the type of collateral securing the transaction. Please contact your Financial Advisor, Private Banker, or Lending Advisor for more details Tailored Lending may not be available in all locations, and may not be appropriate for all clients. Rates, terms and programs are subject to change without notice. The contents of this document should not be construed as a commitment to lend. Morgan Stanley Private Bank, National Association is an Equal Housing Lender and member FDIC that is primarily regulated by the Office of the Comptroller of the Currency. The proceeds of a Tailored Lending loan/line of credit may not be used to purchase, trade or carry margin stock, or to repay debt that was used to purchase, trade or carry margin stock and cannot be deposited into a Morgan Stanley Smith Barney LLC or other brokerage account. Morgan Stanley Smith Barney LLC ( Morgan Stanley ) is a registered Broker/Dealer, member SIPC, not a bank. Where appropriate, Morgan Stanley has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services. Unless specifically disclosed in writing, investments and services offered through Morgan Stanley are not insured by the FDIC, are not deposits or other obligations of, or guaranteed by, a bank and involve investment risks, including possible loss of principal amount invested. Morgan Stanley Smith Barney LLC. Member SIPC. Version CRC#: The Rapkin Hersch Group at Morgan Stanley 8