Welcome

Those who achieve great success in their careers and business ventures eventually face exceptionally complex, multigenerational wealth management challenges. Our Group is optimized to help affluent families address these challenges. A tightly knit team of experienced advisors, we bring diverse professional backgrounds and complementary experience to the service of our clients. Our partners include a former estate attorney, a former CPA and an investment manager, all supported by an exceptional team of client service professionals. Combining our own talents with the vast global resources of Morgan Stanley, we have the full range of capabilities to create, implement and maintain truly comprehensive wealth management plans for ultra high net worth families.

Should you choose to work with us, we can help you preserve your assets, maintain your sustainable lifestyle and support the people, institutions and causes that enrich your life. We can serve as your go-to advisors, delivering, or delivering access to, the professionals you need to make informed decisions about any aspect of your financial life. We are here to help you live the life you envision.
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.

Global Franchise

Morgan Stanley serves a global clientele of individuals, families, corporations, endowments, foundations, governments and others through three core businesses:
  • Morgan Stanley Wealth Management
  • Institutional Securities Group
  • Investment Management
Our strength and synergies across each of these businesses not only contributes to the economic vitality and stability of the firm, but also expands the vast resources, expertise and global insight that we can offer you.
Morgan Stanley Franchise Power
  • $2.4tn in client assets under management1
  • Morgan Stanley reported revenues of $11.9Bn1
  • More than 55,000 global employees1
  • Global footprint includes 1,200 offices in 31 countries on six continents1
  • Tier 1 risk-based capital Ratio under U.S. Basel III was approximately 17.8%1
  • $206Bn in liquidity reserve1
  • Long-term credit rating A3, BBB+ and A, by Moody’s, S&P and Fitch, respectively2
1Unaudited. As of March 31, 2018, Morgan Stanley Quarterly Financial Supplement
2MorganStanley.com/InvestorRelations

Location

125 High Street 22nd
Floor
Boston, MA 02110
US
Direct:
(617) 757-8858(617) 757-8858

Meet Lechner Altieri McMahon

About Me

John Lechner leads a team of six accomplished professionals who combine their talents to help exceptionally affluent families create comprehensive, multigenerational wealth management plans. John brings over three decades of experience to the service of the team’s clients, focusing most of his attentions on the design and implementation of highly customized investment strategies. This often includes helping successful executives and entrepreneurs manage the risks of concentrated equity positions.

After graduating from Harvard College with a B.A. in economics and All American Lacrosse honors, John began his financial services career at Kidder Peabody in 1980. He moved to Alex Brown & Sons in 1985, where he spent the next 24 years building his practices while the firm underwent a series of mergers. John joined Morgan Stanley in 2009.

John serves as a trustee of St. Paul’s School and is active in many charities focused on education.
Securities Agent: TX, WY, WV, WA, VT, VI, VA, UT, TN, SD, SC, RI, PR, PA, OR, OH, NY, NV, NJ, NH, NC, MO, MI, ME, MD, MA, KY, IL, ID, GA, FL, DE, DC, CT, CO, CA, AK; General Securities Representative; Investment Advisor Representative
NMLS#: 1165600

About Me

A former practicing trusts and estates attorney, Nicholas Altieri brings an invaluable perspective to the team’s clients. Nick works closely with clients and their legal advisors to review their estate planning and integrate wealth transfer structures with investment portfolios. Nick also advises on pre-IPO and pre-M&A planning, stock option analysis and philanthropy, all with a focus on tax risk, preservation of assets and beneficiary considerations.

Nick graduated from St. John’s University with a B.S. in accounting, and continued on to earn a J.D. from St. John’s University School of Law. After graduating in 1999, he joined the Trusts & Estates Department of KMZ Rosenman. In 2004, Nick moved to Morgan Stanley, where he became responsible for the Tax, Trust and Estate Planning effort within Private Wealth Management’s Wealth Strategies Group. He joined John Lechner and Terry McMahon in 2015.
Securities Agent: NJ, WY, WV, WA, VT, VI, VA, UT, TX, TN, SC, RI, PR, PA, OH, NY, NV, NH, NC, MN, MI, ME, MD, MA, KY, KS, IN, IL, ID, IA, HI, GA, FL, DE, DC, CT, CO, CA, AZ, AR; General Securities Representative; General Securities Principal; Investment Advisor Representative
NMLS#: 1393539

About Me

Drawing on over two decades of accounting and investment management experience, Terry McMahon works closely with the team’s clients to design and implement highly customized investment and risk management strategies. Terry focuses primarily on asset allocation and manager selection, and manages assets on a discretionary basis for a select group of clients.

Terry graduated from Bentley College with a B.S. in accountancy and went to work as a CPA at  Deloitte & Touche in 1993. He moved on to become CIO of Pillar Financial Advisors in 2004, and then on to Deutsche Bank. He joined Morgan Stanley in 2009. In addition to earning his Certified Public Accountant license (non-practicing), Terry is a Chartered Financial Analyst and a CERTIFIED FINANCIAL PLANNER™
Securities Agent: TX, WY, WA, VT, VA, UT, TN, SD, RI, PR, PA, OH, NY, NJ, NH, NC, MT, MI, ME, MD, MA, IL, ID, HI, GA, FL, DE, DC, CT, CO, CA, AZ; General Securities Representative; Investment Advisor Representative
NMLS#: 1165654

About Me

Julia Lechner works closely with the team’s clients to create and implement highly customized investment strategies based on their need and goals, with a particular interest in helping clients align their investment portfolios with their religious and social beliefs.

Julia joined Morgan Stanley after graduating from Harvard College with an A.B. in Germanic Languages and Literature. During her undergraduate career, she spent a semester at the London School of Economics studying financial and managerial accounting, and a semester at the Ludwig Maximilian University of Munich studying intercultural communication. Active in her community, Julia serves on the associate board of George Jackson Academy, a private boy’s school in New York City’s East Village. She also serves on the Associate Board of World Connect, an organization that supports women-focused micro and small business development, environmental entrepreneurship and innovative approaches to sustainable development.
Securities Agent: CT, WY, WV, WA, VT, VA, UT, TX, TN, SD, SC, RI, PR, PA, OR, OH, NY, NV, NJ, NH, NC, MT, MI, ME, MD, MA, KY, IL, ID, GA, FL, DE, DC, CO, CA, AZ, AR; General Securities Representative; Investment Advisor Representative
NMLS#: 1744856

About Me

Peter Motta works to create an outstanding overall service experience for the team's clients, with a particular focus on addressing cash management needs and assisting with the implementation of 10b5-1 plans.  Peter graduated with a B.S. in business administration from Emmanuel College, and began his financial career at Seaman's Capital Management in 2010. He joined the team at Morgan Stanley in 2013.

 

Peter served as a coach of the U.S. Junior National Luge Team from 2003 through 2010.

About Me

Hillary Ferrante supports the team's clients by performing an extensive range of client services functions, including the opening of accounts and supporting the managed account process. A graduate of Bucknell University with a B.S. in economics, Hillary began her financial services career at JP Morgan in 1999. She moved to Goldman Sachs in 2001, where she spent three years before joining Morgan Stanley in 2004.

About Me

Chris D'Ambrosio draws on over 25 years of diverse financial industry experience to deliver an exceptional level of service to the team's clients. Chris' primary focus is on assisting clients with trade execution. After graduating from Merrimack College with a B.A. in English, Chris joined MFS Investment Management as a marketing associate in 1989. He moved on to become a vice president of equity trading at Moors & Cabot in 1993, and then a director of equity trading at Janney in 2008. He joined the team at Morgan Stanley in 2010.
Economic and Market Perspectives

Global Investment Committee Weekly

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.

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

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.

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.