Welcome

As Morgan Stanley Private Wealth Advisors, we combine our own talents and experience with the vast resources of a global financial services firm to address the planning, governance, liability management and investing needs of ultra high net worth families, their businesses and philanthropic enterprises. We take a holistic approach that is grounded in investment strategy, but covers virtually every aspect of your financial life: risk management, liabilities, trusts and estate structures and even family dynamics and lifestyle management issues. Our goal is to help preserve and grow your financial, family and social capital so that it can have the greatest positive impact today and for generations to come.We look forward to learning more about you and your family, and discussing the resources we can place at your disposal.
Capabilities
  • Open-Architecture Platform
  • Consolidated Reporting
  • Family Governance & Wealth Education
  • Philanthropy Management
  • Pre-Liquidity Planning
  • Risk Management
  • Comprehensive Wealth Planning
  • Investment Management
  • Manager Selection
  • Proprietary Investment Opportunities
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 250 teams1  specialized in assisting individuals and families with $20MM+ in investable assets
  • Over $330 billion in AUM2
  • Comprising 26% of the Barron’s Top 100 Financial Advisors list for 20173
  • 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 31, 2017
2 Morgan Stanley Internal Compensable Revenue Report, December 31, 2017
3 Barron’s Top 100 Financial Advisors, April 2017

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.

Clients

The KLT Group at Morgan Stanley Private Wealth Management is focused on advising founders and senior executives of both public and private companies, partners at private equity/venture capital firms, as well as athletes and entertainers.  We concentrate on assisting these individuals with tax and estate planning strategies, concentrated stock strategies, cash and liability management, and implementing customized investment solutions.

    Philosophy

    The KLT Group at Morgan Stanley Private Wealth Management is dedicated to providing comprehensive financial services to ultra- high net worth individuals, their families and foundations.  We are devoted to helping our clients preserve their financial, family and social capital.  Our team strives to simplify financial complexity and help our clients achieve clarity and control.  We provide customized solutions based solely on an objective view of our clients’ needs.  We offer advice that extends beyond investing to encompass both sides of our clients’ personal balance sheets and every aspect of their finances.  Our team strives to deliver a level of service unparalleled in the investment business while maintaining an unwavering focus on clients’ financial goals.

      Location

      1999 Ave Of The Stars
      Suite 2400
      Los Angeles, CA 90067
      US
      Direct:
      (310) 788-2108(310) 788-2108

      Meet KLT Group

      About Me

      Jimmy Klein has worked in the investment management industry since 1995. After graduating from Loyola High School, Jimmy received his BA in Economics from Stanford University in 1994, while playing on the football and volleyball teams. Jimmy joined Merrill Lynch’s Private Banking and Investment Group in 1995, where he worked for thirteen years before joining Morgan Stanley in 2008. Jimmy was named to the 2019 Forbes Best-In-State Wealth Advisors list; the 2017 and 2018 Barron’s list of America’s Top 1,200 Financial Advisors; the 2016 Financial Times Top 400 Advisors; the 2007 Los Angeles Business Journal’s top 40 financial advisors; the 2006 California CEO Magazine’s top 50 Wealth Managers in California; and was #2 in the 2006 On Wall Street Top 40 advisors under 40. He is a member of the inaugural class of Morgan Stanley Sports and Entertainment Directors. Jimmy is a member of the Los Angeles Country Club, the Bel Air Bay Club, the Napa Valley Reserve, and resides in Pacific Palisades.
      Securities Agent: TX, CA, WY, WA, VA, UT, PA, OR, NY, NV, NM, NJ, MD, KY, KS, IN, IL, HI, FL, DE, DC, CO, AZ; Managed Futures; General Securities Representative; Investment Advisor Representative
      NMLS#: 1255451

      About Me

      Bob Lord has worked in the investment management industry since 1999.  Bob received his BBA in Accounting from James Madison University in 1991 and his MBA in Analytic Finance from the University of Chicago Graduate School of Business in 1999.  Prior to graduate school, Bob worked as a manager for Price Waterhouse, in a career focused on international capital market development in Poland, Russia and Ukraine.  After graduate school, Bob joined Merrill Lynch’s Private Banking and Investment Group.  He worked at Merrill Lynch for nine years before joining Morgan Stanley in May 2008.  Bob is a member of the Jonathan Club and resides in Pacific Palisades.
      Securities Agent: TX, CA, WY, WA, VA, UT, PA, OR, NY, NV, NM, NJ, MD, KY, KS, IN, IL, HI, FL, DE, DC, CT, CO, AZ; Managed Futures; Transactional Futures/Commodities; General Securities Representative; Investment Advisor Representative
      NMLS#: 1255321

      About Me

      Since 1998, Bobby has been providing strategic investment strategies to a select group of ultra-high net worth individuals, their families and foundations.  Bobby received his BA in Economics from Columbia University in 1998 and graduated from Loyola High School in Los Angeles.  While at Columbia, Bobby was the recipient of the Robert Kraft Scholarship and was a two year starter at quarterback.  In 1998 Bobby joined the Wealth Management Division of PaineWebber in New York before taking a position with Merrill Lynch’s Private Banking and Investment Group in 1999.  He worked at Merrill Lynch for nine years before joining Morgan Stanley in May 2008.  Bobby was ranked #21 in the 2016 On Wall Street Top 40 advisors under 40.  Bobby is a member of the inaugural class of Morgan Stanley Sports and Entertainment Directors.  He serves on the Boards of the St. James Inn and the St. Paul the Apostle School Foundation and is a member of the Los Angeles Country Club and the Jonathan Club.
      Securities Agent: CA, WY, WA, VA, UT, TX, PA, OR, OH, NY, NV, NM, NJ, MD, KY, KS, IN, IL, HI, FL, DE, DC, CO, AZ; General Securities Representative; Investment Advisor Representative
      NMLS#: 1261896

      About Me

      Dan Thomason has worked in the investment management industry since 2000. Dan received his BS in Finance from Boston College in 2000. After graduating Boston College, Dan joined Dimensional Fund Advisors in Santa Monica as Trading Assistant in the US Equity and Fixed Income divisions. In 2005, Dan joined Merrill Lynchs Private Banking and Investment Group as the Senior Trader for the KLT Group. He worked at Merrill Lynch for 2 ½ years before joining Morgan Stanley in May 2008. Dans responsibilities include executing equity, fixed income and option trades for clients, as well as assisting in analyzing fund managers. Dan also assists clients managing their investments in syndicate products. 

      He resides in Westchester, CA with his wife Brooke and four children, Jack, Charlie, Luke and Harper.

      About Me

      Tina joined Morgan Stanley in 2005.  Prior to joining KLT, Tina has held various management positions including Branch Administrator and Control Administrator at the Westwood Branch.  Her other professional experience includes working at Citibank, N.A. as a Client Financial Analyst and at Oppenheimer Asset Management as the West Coast Regional Marketing Representative.  Tina received a B.A. from UCLA and M.B.A. from University of San Francisco.  Tina enjoys baking and spending time with her family.  She lives in Palos Verdes with her husband, Hans, and her three daughters, Cadence, Alyssa and Mia.

      About Me

      April Johnson is a Senior Registered Associate, who joined the Los Angeles team in 2016. She has been in the financial industry for 18 years working on ultra-high net worth teams within Merrill Lynch and Wells Fargo Advisors. Throughout her long and successful career, April is focused on providing strategic client solutions with personalized, high touch service. April provides outstanding operational, compliance, and administrative services. April holds a B.A. in English from the University of California, Los Angeles and a Masters of Public Policy from Pepperdine. She also holds Series 7 and 66 licenses. April lives in Brentwood and enjoys socializing with friends, hiking  and traveling to Sacramento to visit her family.
      Economic and Market Perspectives

      On the Markets

      Managing Significant Wealth

      • Investment Management
      • Wealth Transfer & Philanthropy
      • Cash Management & Lending
      • Family Governance & Wealth Education
      • Lifestyle Advisory
      • Business Services
      Successfully Staffing Your Home

      Successfully Staffing Your Home

      By adopting more professional approaches to hiring, training and retaining staff, you can more easily maintain a well-run and harmonious home.

      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.
      Art as An Asset
      CRC 2274738 01/19

      Art as An Asset

      Art may play a significant role in the context of a collector's overall wealth. Generally, a collector may differentiate financial assets, including stocks, bonds and real estate, from other possessions, such as art.

      Wealth Management for Athletes and Entertainers

      Understanding the unique financial challenges of athletes and entertainers and how they differ from one profession to the next, we deliver the experience and resources you need to help create and implement a comprehensive, multigenerational wealth management plan based on your needs, values and aspirations.
      • Investment Management
      • Wealth Transfer & Philanthropy
      • Private Banking Solutions
      • Family Governance & Wealth Education
      • Lifestyle Advisory
      Why Do Pro Athletes Go Broke?

      Why Do Pro Athletes Go Broke?

      Our new Ideas podcast examines the strange phenomenon of athletes and bankruptcy… and how to change the game.

      More from Morgan Stanley

      OUTSMART VOLATILITY IN A MORGAN STANLEY MINUTE

      OUTSMART VOLATILITY IN A MORGAN STANLEY MINUTE

      “You may feel like a 1,000 point move in the Dow in a single day is unprecedented, but the reality is that it’s a 2 or 3% move down.” - Lisa Shalett, Chief Investment Officer, Wealth Management
      Learn more about OUTSMART VOLATILITY IN A MORGAN STANLEY MINUTE
      Morgan Stanley and Justin Rose: A Winning Team

      Morgan Stanley and Justin Rose: A Winning Team

      Morgan Stanley and our brand ambassador, PGA TOUR champion Justin Rose, share a set of core values and a common cause: giving books to children in need.
      Learn more about Morgan Stanley and Justin Rose: A Winning Team
      Sign Up for eDelivery

      Sign Up for eDelivery

      With eDelivery, you’ll have easy access to statements, trade confirmations, general correspondence and much more.
      Learn more about Sign Up for eDelivery
      Reserved | Living & Giving

      Reserved | Living & Giving

      Our complimentary program for eligible clients provides you and your family with access to exclusive offers and discounts from premium travel, automotive, health and wellness, and retail brands as well as curated insights from Morgan Stanley.
      Learn more about Reserved | Living & Giving
      Your Financial World. On the Go.

      Your Financial World. On the Go.

      With the Morgan Stanley Mobile App, you’ll have the freedom to manage your investments and instantly access a suite of personal cash management tools.
      Learn more about Your Financial World. On the Go.
      Access Morgan Stanley Online

      Access Morgan Stanley Online

      Morgan Stanley Online provides a comprehensive view of your assets and liabilities, projected income, breaking news, research and much more.
      Learn more about Access Morgan Stanley Online
      We look forward to discussing your needs and goals, and the exceptional resources we can place at your disposal.
      Market Information Delayed 20 Minutes
      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 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

      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.