Welcome

Adam E. Carlin is Managing Director and Senior Portfolio Management Director at Morgan Stanley Private Wealth Management. His group currently advises on approximately $6.3 billion* in assets for a select group of ultra-high net worth individuals and families, endowments, pension funds as well as for-profit and not-for-profit institutions.

From 2006 to 2009, he was selected for Research magazine’s "Winner’s Circle State-by–State" ranking of the top advisors in America until Barron’s acquired the Winner’s Circle Organization and began its own ranking list from 2009 on. Since then, Barron’s magazine has consistently named him one of the top advisors in the country as well as in the State of Florida. Adam has also been an annual member of Forbes Top Wealth Advisors from its commencement in 2016 as well as Forbes Best in State Advisors from its induction in 2018. In addition, Adam’s team, Carlin Wealth Management at Morgan Stanley, has been named to Barron’s Top 100 Private Wealth Teams in the country each year since its inaugural listing in 2019, and to Forbes America’s Top Wealth Management Teams and Best In State Wealth Management Teams each year since established in 2022 and 2023 respectively.

Adam is an active supporter of education, having taught at both the undergraduate and graduate levels at the University of Miami’s School of Business Administration. In 2006, he co-founded and helped underwrite the MBA Ethics Fellow Internship Program at the University of Miami, for which he also co-founded and underwrote the Carlin Wealth Management at Morgan Stanley Group Undergraduate Scholars Program in support of the University’s most outstanding students majoring in finance.

In addition to his professional responsibilities, Adam is involved in a wide range of community activities. He currently serves as a member of the Board of Trustees of the University of Miami as well the University of Miami’s Sylvester Comprehensive Cancer Center Board of Overseers (for which he is the Chair of the Board), and the University of Miami’s Frost School of Music Dean’s Advisory Board. Adam is also a member of the board of New World Symphony (for which he is a Vice Chairman of the Board), The Buoniconti Fund to Cure Paralysis and The Dolphins Challenge Cancer (DCC) Advisory Board. Adam is a member of the George E. Merrick Society at the University of Miami. Furthermore, in recognition of his continued support, Adam holds La Table Ronde d’un Million de Dollars at United Way Miami. In 2011, Adam was also named Champion of Community Spirit by Cancer Support Community Greater Miami, as well as being recognized as one of Ronald McDonald House’s ‘12 Good Men’. In 2014, Adam and his wife Chanin founded the annual Carlin Family Prom at Nicklaus Children’s Hospital, providing children and their parents with a safe environment to have fun regardless of their current medical condition. That year, Adam was awarded the prestigious Morgan Stanley Community Leadership Award, honoring those employees who have consistently exhibited leadership both within Morgan Stanley as well as within their community. In 2015, the Coral Gables Community Foundation awarded Adam their Arts & Culture Award for his continued commitment to Arts & Culture within the South Florida community. In 2017, University of Miami’s School of Business Johnson A. Edosomwan Leadership Institute presented Adam its Excellence in Leadership Award. In 2022, The Education Fund presented him with the Public School Alumni Achievement Award. Most recently in 2023, United Way Miami presented Adam with the Essie Silva Community Builder Award.

*As of 12/31/24
Securities Agent: RI, OH, ME, WA, IL, CA, TN, NY, NC, DC, WI, NH, MI, IA, CT, AZ, AL, TX, SD, OR, MD, MA, IN, WV, DE, VA, KY, KS, CO, PA, FL, PR, GA, VT, UT, SC, NV, NJ, HI; General Securities Representative; Investment Advisor Representative
NMLS#: 1411236
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*

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 350 teams1 specialized in assisting individuals and families with $20MM+ in investable assets
  • Over $980 billion in AUM1
  • Comprising 23% of the Barron’s Top 250 Private Wealth Management Teams for 2024
  • 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 Wealth Management, December, 2024

Source: Barron's.com (May 2024) 2024 Barron's Top 250 Private Wealth Management Teams awarded in 2024. The teams are ranked on a variety of factors, including their size and shape, their regulatory records and credentials of their members, and the resources they have at their disposal to serve their client bases. The rankings are meant as a starting point for clients looking for an advisor—a first-pass vetting that can help investors narrow a search. Every advisor will have his or her own approach to investing, financial planning, and other services. Clients are encouraged to approach a search for an advisor the way they would a search for a doctor—interviewing multiple professionals and getting opinions from multiple third parties. Rankings are based on the opinions of Barron's and this ranking may not be representative of any one client’s experience. This ranking is not indicative of the Financial Advisor’s future performance. Morgan Stanley Smith Barney LLC is not affiliated with Barron's. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved.

Approach

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.

Videos/Articles

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    Adam Carlin on 'Mornings With Maria' - Fox Business
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    United Way Miami 2023 Essie Silva Community Builder Award
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    Honoring a Promise – University of Miami Medicine Magazine
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    Morgan Stanley’s Adam Carlin: Finding ‘Future Rock Stars’ in Private Markets | Barron's (barrons.com)
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    New World Symphony Thanks Adam and Chanin Carlin
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    Adam Carlin 2020 New World Symphony Gala Remarks
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    Coral Gables Magazine - Adam E. Carlin
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    Business Miami - "All In; The Bermont/Carlin Scholars Program prepares School students for jobs in the investment industry with training, connections, a trip to New York and more"
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    Wealthy Investors Need Trusted Advisors: The Bermont/Carlin Group at Morgan Stanley Celebrates 40 Years
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    Adam Carlin 2014 Morgan Stanley Community Leadership Award
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    Worth Magazine - How and when should I rebalance my portfolio?
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    Social Affairs Magazine - Seven Savvy Strategies for Lifetime Giving
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    Social Affairs Magazine - The Holiday Gift that Keeps Giving
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    The Miami Herald - Holidays remind us to consider philanthropy
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    Social Affairs Magazine - How to Smartly Give Away Assets During Your Lifetime
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    Daily Business Review: Projects on Hold - bonds may be bargains at subpar prices
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Education & Associations
  • MBA, 1994 University of Miami, Coral Gables, FL
  • Bachelors with Honors, 1992, Florida Atlantic University, Boca Raton, FL‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎
  • University of Miami - Board of Trustees
  • UM / Sylvester Comprehensive Cancer Center Chair - Board of Trustees
  • University of Miami Frost School of Music - Member of the Dean’s Advisory Board
  • Johnson A. Edosomwan Leadership Institute Excellence in Leadership Award - University of Miami
  • Dolphins Cancer Challenge - Board of Advisors
  • The Buoniconti Fund to Cure Paralysis Member - Board of Trustees
  • New World Symphony Vice-Chair-Board of Trustees
  • Morgan Stanley Community Leadership Award
  • Cancer Support Community - Greater Miami - Past Member- Board of Trustees
  • United Way of Miami - La Table Ronde d’un Million de Dollars
  • Shake-A-Leg Past Member - Board of Trustees
  • Named the 2011 'Champion of Community Spirit' by Cancer Support Community- Greater Miami
  • Named one of 2011's '12 Good Men' by Ronald McDonald House
Awards
  • Forbes America's Top Wealth Advisors 2016-2025
  • Barron's Top 100 Financial Advisors 2009-2025
  • Forbes Best-in-State Wealth Advisors 2018-2025
  • Barron's Top 1,200 Financial Advisors: State-by-State 2009-2025
  • Financial Times 401 Top Retirement Advisors 2017

WORKPLACE FINANCIAL BENEFITS WITH MORGAN STANLEY AT WORK

Our mission is to help your company elevate your workplace financial benefits—helping you to attract and retain top talent. Our end-to-end solutions support your company and employees at any stage of growth through a powerful combination of modern technology, insightful guidance, and dedicated service.

    Equity Solutions

    Equity ownership is a powerful motivator. Streamline equity management through our leading-edge technology and provide global audit-ready reporting and insights, alongside customizable participant experiences to engage and educate your employees on how to make the most of their benefits. Our global solutions support private and public companies at any stage of growth.

    • Equity Administration and Financial Reporting
    • Liquidity Events
    • 409A Valuation Services and Cap Table Management

    Learn more
    Retirement

    For your employees, retirement is more than a date in the future—it's a milestone that takes time, hard work, and the right tools. Through our consultative process, we strive to assist with the management of your fiduciary responsibilities and risk, simplify plan management, and help you improve retirement readiness for your employees.

    • Defined Contribution Consulting
    • Solutions-Oriented Plans
    • Fiduciary Investment Oversight

    Learn more
    Deferred Compensation

    Access a range of Nonqualified Deferred Compensation plan services or pick the ones that best fit your needs. We provide recordkeeping and plan design, portfolio construction services, and plan education for your executive talent. We help you determine the appropriate plan design and inform a funding strategy through a needs-based assessment and consultative approach.

    Services include:

    • Recordkeeping and Plan Design
    • Portfolio Construction
    • Wealth Management Services
    Learn more
    Executive Services

    Our dedicated team provides concierge-level support for your executives' equity compensation plans, from 10b5-1 trading plans to form filing related to Rule 144 transactions, to access to wealth management and tax-optimization strategies, so helping them navigate their complex financial needs with greater confidence and certainty:

    • Equity Compensation Services
    • Equity Award Analysis
    • Specialized Solutions
    Learn more
    Saving and Giving

    Saving and Giving benefits can make a real difference in your employees' lives as they can support the things that matter most to them—like saving for education and repaying student loans. Show that you are committed to your employees' priorities with leading-edge solutions that help them chart a path toward financial well-being.

    • College Savings
    • Student Loan Repayment and Refinancing
    • Charitable Giving
    Learn more
    Financial Wellness

    We offer Financial Wellness with every solution we provide. Through a powerful combination of education, digital tools and guidance, Financial Wellness is designed to address the unique needs of your employees and empower their financial journey at every stage. Give your employees the confidence to take charge of their finances.

    • Financial Education
    • Digital Tools
    • Financial Guidance

    Learn more

Location

220 Alhambra Circle 10th
Fl
Coral Gables, FL 33134
US
Direct:
(305) 476-3302(305) 476-3302
Toll-Free:
(800) 327-4607(800) 327-4607
Fax:
(305) 448-5738(305) 448-5738
Wealth Management
Global Investment Office

Portfolio Insights

This is a video content

Equity Compensation

Helping you make the most of your equity awards and better understand how it may fit into your your larger financial picture – today and tomorrow.

  • Vesting events
  • Option expirations
  • Restricted stock units
  • Tax implications

Private Wealth Management Podcast

Bringing you engaging stories and key insights surrounding the complexities associated with significant wealth, including:
  • Intergenerational Planning
  • Philanthropic Giving
  • Non-Traditional Assets
  • Managing Family Wealth
LISTEN | Passion Assets: Investing in Art
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LISTEN | Passion Assets: Investing in Art

When a passion for collecting evolves into something of considerable value, new issues are raised. Hear what the professionals have to say about the best practices and pitfalls of collecting art and collectibles.

Managing Significant Wealth

  • Investment Management
  • Wealth Transfer & Philanthropy
  • Cash Management & Lending
  • Family Governance & Wealth Education
  • Lifestyle Advisory
  • Business Services
Compensation Practices of Investment-Focused Family Offices
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Compensation Practices of Investment-Focused Family Offices

Competitive compensation is key to attracting and retaining the best talent for your single family office. Discover the latest trends on relevant pay, benefits and bonus structures in Morgan Stanley's 2025 benchmarking report.

Insights and Outcomes

Thought Leadership for our ultra high net worth clients, which contains thought-provoking articles, authored by leading experts from Morgan Stanley Family Office Resources.
Larry Fitzgerald Jr.'s Playbook on Leadership and Values
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Larry Fitzgerald Jr.'s Playbook on Leadership and Values

The renowned NFL wide receiver shares insights on aligning your investments with your values.
We look forward to discussing your needs and goals, and the exceptional resources we can place at your disposal.
Market Information Delayed 20 Minutes
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Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.

Asset Allocation does not assure a profit or protect against loss in declining financial markets.

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.

For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.

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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.

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Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.

Lifestyle Advisory Services: Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.

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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

Awards Disclosures
CRC 4237142 (02/2025)