Kristen Paulsen
Senior Client Service Associate
Phone:
(212) 492-6758(212) 492-6758
Morgan Stanley Private Wealth Management
Jacob Dunn, CFP®, CPWA®
Managing Director, Private Wealth Management,
Private Wealth Advisor,
Alternative Investments Director,
Workplace Advisor - Equity Compensation,
Insurance Planning Director,
Lending Specialist
Direct:
(212) 492-6746(212) 492-6746
My Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals
OUR SERVICES AND VALUES
Welcome to the Meltzer Dunn Fakhoury Group at Morgan Stanley Private Wealth Management.
- Our team offers two integrated practices designed to provide an exceptional experience, and cater to both high-net-worth and emerging-wealth profile clients.
- Our Private Wealth Management practice focuses on the needs of high-net-worth individuals, families, businesses, and foundations. Areas of focus include tax efficiency, wealth structuring, business transition and legacy planning, trust & estate review/optimization, advanced insurance planning, and portfolio risk management. Our Emerging Wealth Practice leverages the resources and experience of the full team to deliver the same dedication and service to clients in the accumulation phase of their lives. Emphasis is on long-term financial planning and asset allocation.
Our practice centers around four core values:
1. Service
- Deliver deeply thoughtful and distinct advice regarding asset allocation, as well as levels of service and experience that make all clients referenceable.
- Timely communication is table stakes.
- Attention to detail is a must in our business.
- Actively look for opportunities to go above and beyond expectations of clients.
2. Proactive & Collaborative Approach
- We strive to stay ahead of changes, not react to them, and we always communicate our view of them quickly.
- It is our responsibility to know what is happening in the economy and markets, and how it impacts our clients.
- We make decisions with clients collaboratively. Where it's welcome, we educate clients, and want them to be completely confident with the "what" and the "why" at all times.
3. Accountability
- Integrity. It is our duty to put our clients' best interest first, ahead of all other considerations.
- Due diligence. Research and debate potential allocations. We recommend only those investments that are rigorously vetted and agreed upon by our team's Investment Committee.
- Transparency. We want clients to know and understand everything they own, why they own it, how they own it (from a tax efficiency perspective), and what fees they are paying.
- Hard work. In finding ways to help clients, we leave no stone unturned, and offer nothing less than our best. No detail is too small – we track down answers to virtually every question.
4. Family
- This is more than a job for us, and we live that every day. It is reflected in how we care and work for our clients and each other.
- Our clients are an extension of our family.
- We are honored that multi-generational relationships spanning decades are the rule among our clients, not the exception. Thanks to the trust our clients have placed in us, Louis Meltzer, Jacob Dunn, and Hadi Fakhoury have all been named to Forbes' list of Best-in-State Advisors and/or Top Next-Generation Wealth Advisors for 2023.
Forbes Best-In-State Wealth Management Teams 2024 Source: Forbes.com (awarded Jan 2024) data compiled by Shook Research LLC based on time period from 3/31/22-3/31/23.
Forbes America's Top Wealth Advisors & Best-In-State Wealth Advisors Source: Forbes.com (Awarded April 2023) Data compiled by SHOOK Research LLC based on time period from 6/30/21 - 6/30/22.
Forbes America's Top Next-Gen Wealth Advisors & Top Next-Gen Wealth Advisors Best-in-State Source: Forbes.com (Awarded Aug 2023) Data compiled by SHOOK Research LLC based on time period from 3/31/22 - 3/31/23.
Securities Agent: UT, TN, SD, NM, ND, NC, MS, LA, KY, MO, ME, IL, FL, KS, OR, VA, WA, VT, SC, MI, MN, MT, RI, NH, OK, MA, DC, CT, GA, CO, HI, WY, TX, PA, OH, NY, NV, NJ, MD, ID, DE, CA, IN, IA, AZ, AR, AL, AK, NE, WV, WI; General Securities Representative; Investment Advisor Representative
NMLS#: 577769
NMLS#: 577769
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 300 teams1 specialized in assisting individuals and families with $20MM+ in investable assets
- Over $775 billion in AUM1
- Comprising 25% of the Barron’s Top 100 Financial Advisors list for 2023
- 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, 2023
Source: Barron's.com (April 2023) 2023 Barron's Top 100 Financial Advisors awarded in 2023. This ranking was determined based on an evaluation process conducted by Barron's during the period from Dec 2020 - Dec 2021. Neither Morgan Stanley Smith Barney LLC nor its Financial Advisors or Private Wealth Advisors paid a fee to Barron's to obtain or use the ranking. This ranking is based on in-person and telephone due diligence meetings to evaluate each advisor qualitatively, a major component of a ranking algorithm that includes client retention, industry experience, review of compliance records, firm nominations, and quantitative criteria, including assets under management and revenue generated for their firms. Investment performance is not a criterion. 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.
RECOGNITION
Forbes Best-In-State Wealth Management Teams 2024
Source: Forbes.com (awarded Jan 2024) data compiled by Shook Research LLC based on time period from 3/31/22-3/31/23.
View Award Methodology HereJake Dunn - America's Top Next-Gen Wealth Advisors 2023
Data provided by Shook® Research, LLC. Data as of 3/31/23 source: Forbes.com (August, 2023). Shook considered advisors born in 1984 or later with a minimum 4 years as an advisor.
View Forbes ProfileJake Dunn - Forbes Best-In-State Wealth Advisors 2023
Source: Forbes.com (awarded Apr 2023) data compiled by Shook Research LLC based on time period from 6/30/21 - 6/30/22.
Jake Dunn - Top Next-Gen Wealth Advisors Best-In-State 2023
Data provided by Shook® Research, LLC. Data as of 3/31/23 source: Forbes.com (August, 2023). Shook considered advisors born in 1984 or later with a minimum 4 years as an advisor.
Location
55 East 52nd Street 10th
Fl
New York, NY 10055
US
Direct:
(212) 492-6746(212) 492-6746
Meet My Team
Alyson Reeves
Phone:
(212) 492-6760(212) 492-6760
Wealth Management
Global Investment Office
Portfolio Insights
Managing Significant Wealth
- Investment Management
- Wealth Transfer & Philanthropy
- Cash Management & Lending
- Family Governance & Wealth Education
- Lifestyle Advisory
- Business Services
Funding Climate Action: Pathways for Philanthropy
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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.
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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We look forward to discussing your needs and goals, and the exceptional resources we can place at your disposal.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
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.
See the Financial Advisors Biographies for Registration and Licensing information.
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.
Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
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.
Private Bankers are employees of Morgan Stanley Private Bank, National Association.
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
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.
See the Financial Advisors Biographies for Registration and Licensing information.
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.
Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
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.
Private Bankers are employees of Morgan Stanley Private Bank, National Association.
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 6295606 (3/2024)
