111 Wealth Management Group

At 111 Wealth Management Group, our mission is to serve the complex needs of high and ultra-high net worth clients with vision, focus, and objectivity. We provide a total wealth management experience through integrated planning and open-architecture asset management, blended with critical and exclusive ancillary services like advisory and dedicated financing strategies for homes, aircraft and fine art; family wealth advisory and guidance on family governance; expense management and secure electronic document storage; total wealth report, a robust aggregation reporting tool; multiple home advisory and concierge services, and more.  

We invite you to contact us by phone or email to learn more, or tour our website and explore the extraordinary capabilities and resources of Morgan Stanley*, and Family Wealth Advisory Services, the firm-within-a-firm designed to support the particular needs of our largest relationships.  

Our team is active in community affairs and is interested in hearing of opportunities to help in the following cities: Palm Springs, Cathedral City, Rancho Mirage, Palm Desert, Indian Wells, La Quinta, Indio, and the eastern Coachella Valley.
Check the background of Our Firm and Investment Professional on FINRA's BrokerCheck.*

What are your hopes and dreams?

Our approach to wealth planning focuses on what is most meaningful to you. Whether meeting with you for the first time or reviewing your progress and life goals, this is our priority.


Leveraging our vast resources—including intellectual capital, experience and dedicated personal service—we can work with you to create a personalized wealth strategy. Our 4 step approach to Wealth Management is formal yet flexible.  Over time, we can adapt it to changing circumstances, helping you to achieve—and to protect—your goals.

    Location

    74199 El Paseo
    Suite 201
    Palm Desert, CA 92260
    US
    Direct:
    (760) 779-8412(760) 779-8412
    Toll Free:
    (800) 927-9421(800) 927-9421

    Meet 111 Wealth Management Group

    About Me

    Kelly E. Dougherty, Family Wealth Director, Portfolio Manager, Senior Vice President Wealth Management at Morgan Stanley. Kelly came to Citi Family Office and Smith Barney in 2008 from UBS where he spent 24 years, and now is a Family Wealth Director at Morgan Stanley. He was a founding partner of the Valentine Dougherty & Clark Wealth Management Group. Before joining UBS (PaineWebber) in 1984, he worked for EF Hutton & Co and Bateman Eichler, Hill Richards. Kelly is a founding partner of 111 Wealth Management. His professional areas of focus include the coordination of investment and capital market strategy, tactics, security selection, and analysis for 111 Wealth Management. Prior to his finance career, he spent a number of years as a playing and teaching tennis professional. Kelly is active in community and youth service organizations, and serves on several Boards of Directors, including Salvation Army Regional Advisory Board and Hazelden Betty Ford Center Foundation. He collects fine wines and is a member of the Confrerie des Chevalier du Tastevin, as well as being a passionate cook. Kelly enjoys tennis and golf, is a voracious reader of politics, economics, and history, and is an avid downhill skier. He has been married to Kathy Valentine since 1985, and they have one daughter.
    Securities Agent: AK, AZ, CA, CO, CT, FL, GA, HI, ID, IL, KS, KY, MA, MD, MI, MN, MO, MT, NC, NJ, NV, NY, OH, OR, PA, TN, TX, UT, VA, WA, WI, WV; Investment Advisor Representative; General Securities Representative
    NMLS#: 1279568
    CA Insurance License #: 0A63818

    About Me

    Kathleen M. Valentine, Family Wealth Director, First Vice President Wealth Management and Wealth Manager at Morgan Stanley. Kathy is a founding partner of 111 Wealth Management. Kathy has held positions at Merrill Lynch, Shearson Lehman, and EF Hutton & Co, and began her finance career on Wall Street at Lehman Brothers in 1979. Her focus is on cash and fixed income management, financial integration, and estate planning and insurance. Kathy graduated Summa Cum Laude from the State University of New York, New Paltz where she played varsity volleyball and softball, her volleyball team qualifying for the NCAA Division III national championships. She is actively involved with, and holds leadership positions in a number of philanthropic, political, women’s, and faith-based organizations. Kathy’s personal interests include fitness and nutrition, fine art, politics, and travel. She has been married to Kelly Dougherty since 1985, and they have one daughter.
    Securities Agent: AZ, CA, CO, FL, GA, HI, IL, KS, MA, MD, MI, NJ, NM, NV, NY, OR, TX, UT, WA; Investment Advisor Representative; General Securities Representative
    NMLS#: 1265204
    CA Insurance License #: 0A03528

    About Me

    Andrew R. Clark, Certified Financial Planner™, Family Wealth Director, Portfolio Manager, First Vice President Wealth Management and Financial Advisor at Morgan Stanley Wealth Management. A founding partner of the 111 Wealth Management Group, Andy performs comprehensive financial planning and financial integration services for their clients. Andy was a business major at the University of Colorado, Boulder, and holds the Certified Financial Planner™ designation from the College for Financial Planning in Denver, CO. He is a member of the Coachella Valley Angel Network, and serves on several non-profit Boards including the Desert Town Hall Speaker Series in which 111 Wealth Management is a primary sponsor and he currently is President of the Board.

    Andy participates in and helps coordinate “Operation BBQ” for the troops at the 29 Palms US Marine Corp base, where he and others cook for 24 consecutive hours to feed and entertain 15,000 Marines, their families, and the families of Marines currently serving overseas.

    Before his finance career, Andy was a professional chef, and attended several culinary schools. When his schedule permits, Andy enjoys traveling as much as possible. After backpacking all over Europe, he proposed to his beautiful wife Shelly on a gondola in Venice. They have been married for 18 years and have two teenage sons together, who share his intense love for the Denver Broncos.
    Securities Agent: AZ, CA, CO, FL, GA, HI, IL, KS, MA, MI, NV, NY, OR, TX, UT, WA; Investment Advisor Representative; General Securities Representative
    NMLS#: 1390734
    CA Insurance License #: 0C48521

    About Me

    Noel A. Dodge, Portfolio Associate, at Morgan Stanley. Noel has been a member of the team since 2003. She began her finance career in 1994 after graduating from Castleton University, Vermont with degrees in Sociology and Criminal Justice. Noel and Cathy Roberts are responsible for executing the highly refined client services processes of 111 Wealth Management at Morgan Stanley. She has held positions at Merrill Lynch, AG Edwards (now Wells Fargo/Wachovia), and UBS, prior to Citi Family Office Smith Barney (now Morgan Stanley).

    Noel enjoys distance running, downhill skiing, reading, and traveling to New England to visit her family.  She enjoys taking advantage of the California outdoors with her two sons.

    About Me

    Catherine A. Roberts, Portfolio Associate, at Morgan Stanley. Cathy has been a member of the team for over 19 years, and began her finance career with PaineWebber in 1995, before joining Kathy Valentine at Merrill Lynch in 1997.  She is responsible for executing the highly refined client services processes of 111 Wealth Management at Morgan Stanley.

    Cathy enjoys travelling and has a passion for learning given she is currently attending a part-time program to further her education.  Cathy’s chief personal interests are her close knit family, including her husband of over 50 years, Scott, and her faith.
    Investment and Market Perspectives

    On the Markets

    Retirement

    Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
    • 401(k) Rollovers
    • IRA Plans
    • Retirement Income Strategies
    • Retirement Plan Participants
    • Annuities
    The Simple Six-Step Retirement Checkup

    The Simple Six-Step Retirement Checkup

    Given market volatility in 2018, checking in on your retirement plan may be one of the wisest New Year’s resolutions you can make.

    Investing

    Working closely with you to guide your wealth and investments through the most challenging market cycles.
    • Asset Management
    • Wealth Planning
    • Traditional Investments
    • Alternative Investments
    • Impact Investing
    Five Smart Strategies to Use a Bonus or Raise

    Five Smart Strategies to Use a Bonus or Raise

    Have extra money coming in? Here are ways to put your money to work for you now, so you can reap the rewards down the road.

    Family

    Creating customized financial strategies for the challenges that today's families face.
    • Estate Planning Strategies
    • 529 Plans / Education Savings Planning
    • Long Term Care Insurance
    • Special Needs Planning
    • Trust Services
    Financial Transition: A Guide for Women

    Financial Transition: A Guide for Women

    Here's how to take control of your finances if a death or divorce leaves you holding the reins.

    Business Planning

    Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
    • Succession Planning
    • Business Planning
    • Retirement Plan Sponsors
    • Qualified Retirement Plans
    • Corporate Pension Funds
    6 Keys to Building a Startup

    6 Keys to Building a Startup

    Entrepreneurs share ideas and learnings from the experience of starting a company.

    Philanthropy

    Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
    • Endowments
    • Foundations
    • Donor Advised Funds
    • Impact Investing
    A New Roadmap for Mission Alignment

    A New Roadmap for Mission Alignment

    Non-profits, foundations and endowments need to ensure that their sources of capital are in sync with their stated goals.

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    Access Morgan Stanley Online

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    Morgan Stanley Online provides a comprehensive view of your assets and liabilities, projected income, breaking news, research and much more.
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    Ready to start a conversation? Contact 111 Wealth Management Group today.
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