Kelley Smith
Portfolio Associate
Phone:
(215) 497-7037(215) 497-7037
Douglas Bailey
Executive Director, Wealth Management,
Financial Advisor,
Senior Portfolio Management Director
Direct:
(215) 854-6024(215) 854-6024
Toll-Free:
(888) 789-1055(888) 789-1055
My Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals
My Story
Doug has over 30 years of experience providing financial guidance to individuals and families, small business owners and executives in several different industries. Doug and his team strive to develop professional and personal relationships built on integrity, trust and accountability.
After graduating from Ithaca College with a Bachelor of Science in Accounting, Doug chose to work in public accounting and became a Certified Public Accountant (CPA; currently non-practicing). He then transitioned into finance and started his corporate career working as a Financial Analyst for a large chemical manufacturer. During his time as an analyst, Doug obtained a Master’s degree in Business Administration (MBA) at Villanova University. Finally, before joining Morgan Stanley as a financial advisor, Doug spent 13 years as a Finance Director for a Fortune 100 pharmaceutical firm.
Doug’s successful practice is predicated on his construction of comprehensive financial plans for his clients as well as his relentless effort to deliver exceptional customer service. He carefully listens to his clients’ goals, values, aspirations and concerns. After having these conversations with clients, Doug will work diligently and transparently to help them achieve their financial objectives. Doug goes above and beyond for his clients and wants them to know that he is there for them no matter the situation or environment.
Retirement Planning is a fundamental part of Doug’s financial practice. He starts off his planning process by identifying your financial needs; then, he creates an action plan to meet those needs and observes the progress of your plan. When constructing these retirement plans, Doug addresses your potential future costs, such as living expenses, travel expenditures and education funding.
Outside the office, Doug enjoys spending time with his 3 wonderful daughters, going to the beach and watching sports.
After graduating from Ithaca College with a Bachelor of Science in Accounting, Doug chose to work in public accounting and became a Certified Public Accountant (CPA; currently non-practicing). He then transitioned into finance and started his corporate career working as a Financial Analyst for a large chemical manufacturer. During his time as an analyst, Doug obtained a Master’s degree in Business Administration (MBA) at Villanova University. Finally, before joining Morgan Stanley as a financial advisor, Doug spent 13 years as a Finance Director for a Fortune 100 pharmaceutical firm.
Doug’s successful practice is predicated on his construction of comprehensive financial plans for his clients as well as his relentless effort to deliver exceptional customer service. He carefully listens to his clients’ goals, values, aspirations and concerns. After having these conversations with clients, Doug will work diligently and transparently to help them achieve their financial objectives. Doug goes above and beyond for his clients and wants them to know that he is there for them no matter the situation or environment.
Retirement Planning is a fundamental part of Doug’s financial practice. He starts off his planning process by identifying your financial needs; then, he creates an action plan to meet those needs and observes the progress of your plan. When constructing these retirement plans, Doug addresses your potential future costs, such as living expenses, travel expenditures and education funding.
Outside the office, Doug enjoys spending time with his 3 wonderful daughters, going to the beach and watching sports.
Securities Agent: CT, CO, NC, GA, NJ, FL, WA, MA, IL, IA, PA, VA, TX, OH, MO, DE, DC, SC, MT, MD, NY; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1268379
NMLS#: 1268379
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Morgan Stanley's Modern Wealth Management Tools allows advisors to offer more customized and comprehensive advice than anywhere else. These tools' ease of use allows for a more in-depth view of a client's financial life to be taken
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Morgan Stanley's Digital Vault
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The ability to view all of your assets and liabilities together, whether held at Morgan Stanley or elsewhere, enables us to advise with your entire financial picture in mind.
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eAuthorization
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Portfolio Planning and Asset Allocation
In order for a plan to be truly effective, it must encompass the totality of your personal and financial life. Doug helps to ensure that your investment objectives are consistent with your immediate financial concerns as well as your long-term aspirations.
1. Setting Your Financial Objectives
Through discovery and consultation, Doug will work with you to articulate your objectives for your wealth. He will examine your current and future liabilities, income sources and cash flow needs, and then consider factors that might influence your overall strategy. These factors include risk tolerance, tax concerns, liquidity needs and time horizon. Through deliberate analysis, Doug will look for potential obstacles that may exist between you and your goals, and develop sound strategies to help enhance the plan.
3. Implementing Your Strategy
After refining your strategy, Doug will work closely with you to put the plan into effect. Doug can help identify specific stocks, bonds and other securities that may be suitable for your portfolio. Also, if you both decide outside money managers would be a beneficial part of your plan, Doug will conduct research and analysis in order to decide which investment management firm would be most suitable for you. No matter the approach, Doug will focus on keeping your strategy on track.
2. Creating Your Strategy
After obtaining an understanding of you and your objectives, Doug will propose a financial plan that utilizes specific strategies designed to help meet your goals. Depending on your plan, his advice may include ideas regarding retirement planning, business continuation, tax minimization potential and wealth transfer. Doug will also provide an asset allocation strategy designed to provide diversification for your portfolio.
4. Reviewing Objectives and Performance
Doug believes that ongoing communication is the foundation of successful collaboration. He will make every effort to keep you aware of your changing financial needs and provide viable strategies to help you meet them. This includes reviewing your portfolio together at your request. When circumstances change, Doug will work with you to adapt your strategy and adjust your assets to reflect your new needs and goals.
PROTECTING YOUR ONLINE SECURITY
Your security is our top priority. Morgan Stanley proactively defends our systems and monitors our digital landscapes to anticipate issues before they arise and respond appropriately when they do
Cybersecurity Best Practices
- Safeguarding your personal information is one of our highest priorities. While we are all continuing to work from home we find ourselves utilizing technology more now than ever. We believe these 5 easy and important cybersecurity habits will help to protect you from cyber and fraud risk.
Security Features and Proactive Defense
- Multi-Factor Authentication (MFA)
- Alerts and Notifications
- Automatic Session Time Out
- VoiceID
- Fraud Detection and Prevention
- Digital Tools
- Cybersecurity Fusion Centers
- Threat Landscape Monitoring
The Latest From Kelley's Desk
Welcome to Kelley's Corner, where all things related to Morgan Stanley and beyond can be found. We are looking to provide you with helpful resources that may improve your financial wellness and the most popular topics of the month
Reduce Paper - Sign Up for eDelivery
eDelivery provides you with the ability to view statements and other Firm documents electronically in lieu of paper. Clients who are registered in Morgan Stanley Online may enroll in eDelivery.
Not sure of your eDelivery status? Call Kelley to review with you to make any updates!
Review Your Financial Health With Total Wealth View!
Adding external accounts to Morgan Stanley Online gives you a convenient and comprehensive view of your financial life. Anything new will be automatically added to your LifeView to create a more detailed report for your next review with Doug!
Reinforce Your Defenses - Cybersecurity
In our always changing advanced technological age, cybersecurity is imperative. Are you doing all you can to to reduce the threat of identity theft, online scams, malware, fraud and more?
Reinforce Your Defenses - Voice ID
Morgan Stanley offers VoiceID authentication technology to provide enhanced security for your accounts through effortless authentication on the phone.
Location
333 S Tamiami Trail
Suite 199
Venice, FL 34285
US
Direct:
(215) 854-6024(215) 854-6024
Toll-Free:
(888) 789-1055(888) 789-1055
Fax:
(215) 230-6910(215) 230-6910
Meet My Team
About Kelley Smith
Kelley started her career with Morgan Stanley in 2018 as a Service Associate in the Operations department. Her passion for positive client experience and maximum efficiency led her to her current role as Portfolio Associate. Kelley partners with Doug as a resource to enhance client experience and strives to become a source of communication for all clients. She continues to strengthen relationships to better anticipate client needs. Kelley holds the Series 7 and 66 investment licenses. She obtained her bachelor’s degree from La Salle University and associate’s degree from Rowan College.
The Power of Partnerships
By partnering with experienced individuals across wealth disciplines, Morgan Stanley Financial Advisors can align specialized resources with your custom needs and deliver strategic guidance through the familiarity and trust of existing relationships
Justine Smale
Private Banker
About Justine Smale
Justine Smale is a Private Banker serving Morgan Stanley Wealth Management offices in Florida.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Justine began her career in financial services in 1992, and joined Morgan Stanley in 2016. Prior to joining the firm, she spent 21 years at Merrill Lynch and Bank of America and held many positions including Wealth Management Banker, Premier Client Manager, and Branch Manager.
Justine is a graduate of Florida International University, where she received a Bachelor of Arts in Business Administration, Business Management, and
International Business with Magna Cum Laude distinction. She lives in Sarasota, Florida with her family.
Outside of the office, Justine donates her time volunteering for different organizations. She also enjoys being active, gardening, spending time outdoors, entertaining at home and spending time with family and friends.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Justine began her career in financial services in 1992, and joined Morgan Stanley in 2016. Prior to joining the firm, she spent 21 years at Merrill Lynch and Bank of America and held many positions including Wealth Management Banker, Premier Client Manager, and Branch Manager.
Justine is a graduate of Florida International University, where she received a Bachelor of Arts in Business Administration, Business Management, and
International Business with Magna Cum Laude distinction. She lives in Sarasota, Florida with her family.
Outside of the office, Justine donates her time volunteering for different organizations. She also enjoys being active, gardening, spending time outdoors, entertaining at home and spending time with family and friends.
NMLS#: 641860
Wealth Management
Global Investment Office
Portfolio Insights
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
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
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
Are You Prepared for Tax Day?
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Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Ready to start a conversation? Contact Douglas Bailey today.
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
3Morgan Stanley 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 consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
4When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
5Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
6Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
7Morgan Stanley 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 consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
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. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. 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.
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. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
3Morgan Stanley 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 consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
4When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
5Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
6Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
7Morgan Stanley 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 consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
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. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. 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.
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. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
