Chesapeake Group at Morgan Stanley Smith Barney Corporate equity solutions and personalized wealth management for executives
Chesapeake Group at Morgan Stanley Smith Barney 1650 Tysons Boulevard 10th Floor, McLean, Virginia 22102 800-561-9087 / Toll-Free 703-556-8187 / Main chesapeakegroup@mssb.com fa.smithbarney.com/chesapeakegroupsb As a senior executive, you may have a substantial portion of your wealth positioned in your company s stock. This is an important and valuable asset, but it raises specific issues that need to be considered. For example, are you properly diversified to achieve your goals? Are you aware of concentrated stock risk? Can you trade your stock, even during a closed trading window? What about your plans for retirement? As the manager of your company s stock plan, Chesapeake Group is uniquely positioned to provide personal wealth management services. We are intimately familiar with the intricacies of your executive benefits, so we can make precise recommendations that fit your specific circumstances. We believe in proactive planning, and have helped many of your fellow executives with asset diversification, retirement planning, and wealth transfer strategies. Our deep bench of experienced and highly credentialed professionals combines institutional investment services with the comprehensive wealth management solutions to help our clients reach their goals. Chesapeake Group 3
Meet the Professionals Kirk DeHaven Family Wealth Director Senior Vice President Rick McLaughlin Corporate Client Group Director Senior Vice President Patrick Gaffney, CFP Second Vice President Financial Advisor Left to right: Patrick Gaffney, Donna Elder, Kirk DeHaven, Suzanne Cooper, Rick McLaughlin, Martha Barrios As the co-founder and Family Wealth Director at Chesapeake Group, Kirk provides consulting and advisory services to affluent families and corporate executives across the country. In recognition of his superior service to his clients, Kirk has been included in Barron s Top 1000 Advisors and has earned multiple recognitions as a Top Advisor in Virginia by Virginia Business Journal and RJ Shook s Winner s Circle. Kirk has been named to the firm s President s, Chairman s and Director s Councils. Kirk is a graduate of the University of North Carolina and currently lives with his wife Janice in Centreville, VA. Kirk is the Chairman of Tee-Off-for- Tots, an organization that focuses on assisting children s charities in Northern Virginia. In his spare time, he enjoys fly fishing and golf. One of the group s co-founders, Rick heads our Corporate Equity Solutions practice. He brings over 20 years experience in equity compensation consultation to Mid-Atlantic public companies. He has been recognized by R.J. Shook and Virginia Business Journal as a Top Advisor in Virginia and has earned membership in the firm s President s and Chairman s Councils. Rick is a member of the National Association of Stock Plan Professionals (NASPP), and the Global Equity Organization (GEO). Originally from New Jersey, Rick graduated from Rutgers University and now lives with his family in Broad Run, VA. He is active on school board committees in both Fauquier and Prince William Counties and enjoys playing in adult baseball leagues and spending time with his family. As Chesapeake Group s CERTIFIED FINANCIAL PLANNER TM, Patrick provides planning-driven strategies to private clients and stock plan participants. His areas of focus include proactive retirement planning and the tax-efficient reduction of concentrated stock positions. Patrick joined Chesapeake Group and Morgan Stanley Smith Barney in 2004. He previously worked for a boutique financial planning firm. Patrick earned his BS in Finance from Villanova University s School of Business. He is a member of the firm s Blue Chip Council and Pacesetter s Club, which recognizes his success and commitment to his clients. A native of Oakton, VA, Patrick enjoys traveling with his wife, spending time with his son, skiing, and coaching youth lacrosse. 4 Morgan Stanley Smith Barney Chesapeake Group 5
Suzanne Cooper Associate Stock Plan Director Financial Advisor Donna Elder Relationship Manager Martha Barrios Registered Marketing Associate Suzanne is Chesapeake Group s Associate Stock Plan Director. Having completed the Certified Equity Professional Level 1 program, Suzanne brings knowledge and experience to implementation and day-to-day administration of employer stock plans. Suzanne is also a Financial Planning Specialist, bringing an analytical and comprehensive approach to financial management. She advises clients on education planning, retirement planning, and wealth preservation. She earned a BS degree from the University of Connecticut. Originally from Rhode Island, Suzanne has been active in the PTO for her children s schools for 14 years and continues her annual involvement with the school s Project Graduation. She is a member of Leadership Loudoun (class of 2005) and a volunteer in her church s religious education program. As the team s Senior Client Relationship Manager, Donna provides high-level concierge service to the team s private clients. Her outgoing nature, professional expertise and client-centric focus make her an invaluable asset to Chesapeake Group and its clients. Donna has been with the firm and its predecessors since 1990 and is Chesapeake Group s primary operational liaison. In recognition of her proactive approach to relationship management, Donna has earned the firm s Financial Planning Associate designation. Prior to joining the firm, Donna honed her client service skills in retail management. Outside the office, Donna focuses in creative remodeling projects at her home in Oak Hill, VA. She also enjoys visiting her hometown of York, PA and spending time with her two sons. Martha has primary responsibility for the operational support of Chesapeake Group s private clients and stock plan participants. She joined the Chesapeake Group in February 2008 after three years with the firm. Prior to joining our organization, Martha worked both domestically and internationally, gaining broad experience in the financial services sector. She also co-founded a South Florida minority firm, where she was responsible for Trading and Syndicate Desks. Bilingual in Spanish and English, Martha and her husband are proud parents of three wonderful children, and are active in their church and their childrens schools. 6 MorGan stanley smith Barney
Developing Your Wealth Management Strategy Your achievements reflect substantial effort, and we will work just as hard on your behalf, committing our experience and skills to helping you achieve your unique goals for your wealth. Moreover, we will support you and your strategy with the resources and perspective of one of the world s largest financial firms. 1 We will discuss your current financial resources, time horizon for your goals, tolerance for risk even how your liabilities are structured. If you own a business, we also might discuss your current banking and cash management needs. Discover Plan 2 We will present a plan to help address needs such as income and retirement planning, asset protection, investment management, strategic borrowing, wealth transfer and business succession. We will also recommend an asset allocation strategy reflecting your risk tolerance and investment time horizon. Review Implement 3 The team will work closely with you to bring the elements of your plan to life, helping you to select from the hundreds of investment management firms available to you, and identify specific stocks, bonds and other securities that may be suitable for your portfolio. Then we will closely monitor your portfolio. 4 You will receive a comprehensive quarterly performance review, helping you track progress toward your objectives. And when your circumstances change, we will work with you to revise your strategy and reposition your assets to reflect your new needs and goals. 8 Morgan Stanley Smith Barney
Risk Management The ups and downs of the markets is just one kind of risk but so is not protecting my assets and my family. How do I protect what I care about most? Retirement When I retire, it will affect just about everything that matters: my lifestyle, my company, my family. Is there a way to plan for retirement that takes it all into account? Integrated Planning Decisions about both assets and liabilities need to be made in the framework of important life goals. What steps are also the most tax efficient? How can a strategic approach to banking and lending simplify my financial life and maximize the value of what I own? Education Funding Will I be able to pay for a good education for my children and my grandchildren? A CULTURE of EXCELLENCE OvER ThE years, you have made many financial decisions. OnE in particular is LikELy TO have A LAsTing impact On your well being And ThAT Of your family: ThE ChOiCE Of A financial AdvisOR. Investment Management I have so many goals and priorities. How can one investment strategy balance them all? Liquidity I can predict some expenses, but others I know I can t. How can I plan to have the cash I need? You Benefit From a Profound Understanding of the Full Range of Wealth Management Needs Estate Planning Making sure my estate goes to the people and organizations I care about is a priority. How do I transform my assets into a legacy? Business Strategies How do I manage my personal wealth with so much tied up in my company? Charitable Pursuits The charities I support are like extended family. How do I maximize the good I can accomplish? Investors who choose Morgan Stanley Smith Barney often tell us that their reasoning is simple. They choose a Financial Advisor and a firm that mirrors the values propelling their own success: a commitment to perform at the highest level for their clients, with no shortcuts, compromises or excuses. a strong, steady force in a changing industry CEO and senior team with deep wealth management experience 130 years of combined experience 900 global locations 18,000 financial advisors 7 million client accounts $1.5 trillion client assets Unparalleled e xperience. Drawing on many years of experience, Morgan Stanley Smith Barney understands the importance of shaping relationships that reflect client needs, preferences and aspirations. Our firm and Financial Advisors have an in-depth understanding of virtually all the challenges, goals, preferences, styles and strategies that distinguish wealthy investors. Additionally, as a truly global financial institution, we have an equally acute knowledge of financial opportunities and the potential risks. This combination positions us to develop, structure and execute solutions for your most important financial needs, from accumulating wealth to investing for income, from solidifying retirement security to devising a distribution approach that meets your lifestyle and legacy goals. investment insight without limits. As a client, you have access to the strategic and tactical views of some of the world s most seasoned and respected investment professionals. The members of our Global Investment Committee develop strategies that guide the management of advisory accounts and help to inform the decisions of clients across Morgan Stanley Smith Barney. The team is currently supported by the work of 350 analysts at two of the world s largest investment banks, Morgan Stanley and Citi, who cover key geographic and economic sectors, as well as 3,000 individual equity securities. You also benefit from a premier trading and execution platform. Think of our 225 capital markets professionals as experienced, highly responsive and knowledgeable partners. performance that meets your measure. Among the most important skills of our Financial Advisors is the ability to listen: to thoroughly understand your financial needs and then align the resources to meet them. Your Financial Advisor can help you evaluate immediate concerns and plan for long-term goals, be a sounding board for your investment ideas, assist you in developing and executing a strategy that is precisely your own and help deliver performance results that meet your needs. Your Financial Advisor is your advocate within our firm, an intelligent editor who selects and aligns the many capabilities of Morgan Stanley Smith Barney for you, delivering the right resources to you in the way that is most appropriate for how you invest and what you want to achieve. one of the world s strongest investment organizations stands Behind your financial advisor Financial Advisors have access to top-flight research from both Morgan Stanley and Citi. Combined, they analyze and track the progress of more than 3,000 companies all over the world. Please read important disclosures on the back cover of this brochure Morgan Stanley SMith Barney 11
Morgan Stanley Smith Barney strives to offer clients the finest in financial thinking, products and execution to help them meet their individual needs and achieve their personal financial goals. When we work together, you ll benefit from personalized advice, objective guidance and dedication to your success as an investor. With access to Morgan Stanley Smith Barney s renowned global resources and investment opportunities, we can help you develop and maintain an optimal investment strategy. Our wealth management strategy will address key areas of your financial life beyond traditional investments and may incorporate diverse recommendations for building and protecting your wealth. Morgan Stanley Smith Barney offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please contact us to understand these differences. Asset allocation and diversification do not guarantee a profit or protect against loss. Morgan Stanley Smith Barney LLC ( Morgan Stanley Smith Barney ) is a registered broker-dealer, not a bank. Where appropriate, Morgan Stanley Smith Barney has entered into arrangements with banks and other third parties to assist in offering certain banking-related products and services. Unless otherwise specifically disclosed to you in writing, investments and services offered through Morgan Stanley Smith Barney, member SIPC, are not insured by the FDIC, are not deposits or other obligations of, or guaranteed by, banks and involve investment risks, including possible loss of principal amount invested. Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Smith Barney Financial Advisors do not provide tax or legal advice. This material was not intended or written to 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. Source: Barron s Top 1000 Financial Advisors, February 9, 2009, as identified by Barron s magazine, using quantitative and qualitative criteria and selected from a pool of over 3,000 nominations. Advisors in the Top 1000 Financial Advisors have a minimum of seven years of financial services experience. Qualitative factors include, but are not limited to, compliance record, interviews with senior management, and philanthropic work. Investment performance is not a criterion. The rating may not be representative of any one client s experience and is not indicative of the Financial Advisor s future performance. Neither Morgan Stanley Smith Barney nor its Financial Advisors pay a fee to Barron s in exchange for the rating. Barron s is a registered trademark of Dow Jones & Company, L.P. All rights reserved. Source: Virginia Business Journal as identified by The Winner s Circle, LLC, bases its rankings on qualitative criteria: professionals with a minimum of 7 years financial services experience, acceptable compliance records, client retention reports, customer satisfaction, and more. With over 7,000 nominations compiled on an annual basis, Financial Advisors are quantitatively ranked based on varying types of revenues and assets advised by the financial professional, with weightings associated for each. Additional measures include: indepth interviews and discussions with senior management, peers, and customers, and telephone-based and in-person interviews with the nominees. Because individual client portfolio performance varies and is typically unaudited, this ranking focuses on customer satisfaction and quality of advice. For more information on ranking methodology, go to www.wcorg.com. The rating may not be representative of any one client s experience because it reflects a sample of all of the experiences of the Financial Advisor s clients. The rating is not indicative of the Financial Advisor s future performance. Neither Morgan Stanley Smith Barney nor its Financial Advisors pay a fee to The Winner s Circle in exchange for the rating. 2011 Morgan Stanley Smith Barney LLC. Member SIPC. 6657474 07/11