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
  • Comprehensive Wealth Planning
  • Investment Management
  • Risk Management
  • Manager Selection
  • Retirement & Pension Plans
  • Philanthropy Management
  • Consolidated Reporting
  • Hedging Strategies
  • 10b5-(1) Programs
  • Sustainable & Responsible InvestingFootnote1
  • Family Governance & Wealth Education
  • Corporate Stock Plans
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 teams specialized in assisting individuals and families with $20MM+ in investable assets
  • Over $1.2 trillion in AUM
  • Comprising 26% of the Barron’s Top 100 Financial Advisors list for 2025
  • 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, September 2025

Source: Barron's (Awarded March 2025) This ranking was determined based on an evaluation process conducted by Barron's for the period Oct 2023-Sept 2024. 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 an 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 assessment of Barron's and 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.
Clients
Primarily, we work with families that wish to delegate investment decisions. We create highly customized asset allocations, based on an in-depth understanding of goals, needs and risk tolerance. This translates into a wealth management plan that helps our clients to build, manage, protect and transition their wealth.

It is our belief that highly affluent families are best served when they approach wealth management as a total family effort. We try to include all family members in the process to create plans that promote family harmony. We work to foster strong relationships with a select group of families, building trust by providing independent, objective and cost-effective guidance.

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
  • $4.7 trillion in AUM1
  • Total Deposits $405 billion1
  • Morgan Stanley reported full year net revenues of $61.8 Billion in 20242
  • Morgan Stanley's Global employees approximately 82,0001
  • The Tier 1 risk-based Capital Ratio under U.S. Basel III was approximately 17.1%1
  • $368 billion in liquidity reserve1
1As of September 2025, Morgan Stanley Quarterly Financial Supplement
2MorganStanley.com/InvestorRelations
CRC 6295606 3/24

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

1585 Broadway
21st Floor
New York, NY 10036
US
Direct:
(212) 761-5020(212) 761-5020

Meet Marc Karetsky | Sylvia Gort

Photo of Marc Karetsky

Marc Karetsky, CIMA®

Managing Director, Private Wealth Management, Private Wealth Advisor, Family Wealth Director, Portfolio Manager, Alternative Investments Director, Global Sports and Entertainment Director, Lending Specialist, Workplace Advisor - Equity Compensation, Certified Investment Management Analyst, Founders Specialist
Phone:
(212) 761-5020(212) 761-5020
Photo of Adam Bennett

Adam Bennett

Vice President, Director of Investments
Phone:
(212) 761-4955(212) 761-4955
Photo of Nicole Guerrero

Nicole Guerrero

Assistant Vice President, Business Development Director
Phone:
(212) 761-5376(212) 761-5376
Photo of Dexter Jarach

Dexter Jarach

PWM Team Associate
Phone:
(212) 761-2421(212) 761-2421
Photo of Katie Miller

Katie Miller

Private Wealth Management Registered Associate
Phone:
(212) 761-1009(212) 761-1009

About Marc Karetsky

(212) 761-5020   Direct
(917) 924-0837   Mobile
(917) 338-0429   Fax
Marc.Karetsky@Morganstanleypwm.com

Marc Karetsky is a Managing Director, Family Wealth Director, Private Wealth Advisor and Portfolio Manager in the Private Wealth Management division at Morgan Stanley. With over 30 years of experience in investment advisory, Marc and his team work with high-net-worth individuals, families, charitable organizations, and corporations to develop comprehensive strategies to help build, manage, preserve, and transition wealth. As of December 2025, the team advises on over $3 billion in invested assets. Marc has consistently appeared on Forbes' Best-In-State Wealth Advisors list. (2018-2025) He was also honored as a Barron's Top 1,200 Financial Advisor in 2021 and 2023. A graduate of Tulane University, Marc furthered his financial education at the Wharton School of Business at the University of Pennsylvania, earning the Certified Investment Management Analyst (CIMA) designation.

At Morgan Stanley, Marc serves on the Private Wealth Advisory Council. He is a past Vice Chairman of the Men's Division of the Albert Einstein College of Medicine and serves on the Executive Committee and Board of Trustees of Temple Israel of the City of New York. He is an active member of the Yale University and Lehigh University Parents Associations and has been a long-standing member of the New York Stock Exchange Hearing Review Board. Additionally, Marc mentors a high school student through the Student Sponsor Partners program.

Marc lives in New York City with his wife, Melissa, an entrepreneur. Their two sons, born in New York City, are now pursuing careers in entertainment and finance in Los Angeles.


"​2018-2025 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2018-2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award."

"2021, 2023 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com (Awarded 2021, 2023). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award."
Securities Agent: CT, WY, WA, PA, MD, FL, VT, UT, SD, LA, ID, IA, GA, WV, SC, PR, NM, MO, KS, IN, DE, CO, TX, ND, MA, WI, VI, TN, MT, OR, NV, MS, AK, OH, MN, ME, AR, OK, NH, NE, MI, KY, CA, AZ, AL, VA, NC, RI, NY, NJ, IL, DC, HI; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1443758

About Sylvia Gort

(404) 846-1303   Direct
(404) 693-4980   Mobile
(917) 338-0429   Fax
Sylvia.Gort@Morganstanleypwm.com


With over 35 years of experience in private and commercial banking, Sylvia contributes to the creation of comprehensive wealth management plans for the team’s clients, with a particular focus on their cash management, lending and trust needs.
 
Sylvia has been recognized from 2019 to 2025 as a Best-In-State Wealth Advisors by Forbes Magazine’s list and as a Forbes’ list of Top Women Wealth Advisors from 2020 to 2025.

Sylvia joined Morgan Stanley in 2015 from Barclays Wealth (formerly Lehman Brothers Private Investment Management). She had joined Lehman Brothers in 2003 from Bank of America’s Private Bank, where she had been a Senior Vice President and had an extensive lending career. Sylvia worked for eleven years in the bank’s Commercial Construction Real Estate Group. She also managed the Georgia lending unit for NationsBank, where she ran a lending portfolio.
 
Sylvia earned a B.B.A. from University of Georgia and her MBA from Georgia State University. She is on the board of the Atlanta chapter of the American Jewish Committee, co-chair of Women in Wealth Atlanta chapter and a member of Morgan Stanley’s National Diversity & Inclusion Council. Sylvia resides in Atlanta.

Named to the 2023 -2025 Forbes Best-In-State Wealth Management Teams Ranking
Forbes America’s Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2023) Data compiled by SHOOK Research LLC based on time period from 3/31/21 – 3/31/22. Awards Disclosures

​2019-2025 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded 2019-2022). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.

2020-2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In- State (formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors)
Source: Forbes.com (Awarded 2020-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
Securities Agent: VA, SD, RI, ND, SC, NJ, NE, DE, WA, VI, TN, NM, NC, IA, GA, DC, WI, NH, MI, MA, LA, KY, CO, WY, WV, OH, NY, OK, MO, CT, AL, PR, MN, IN, PA, NV, MT, ME, MD, CA, AR, AK, UT, TX, OR, KS, ID, MS, IL, FL, AZ, HI, VT; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1428676

About Adam Bennett

Adam joined the Karetsky Gort Wealth Management Group as a Client Service Associate in January 2018. Prior to joining the team, Adam worked for the Morgan Stanley Private Wealth Management in the New York Complex for 10 years as a Service Associate where he supported Management and Private Wealth Advisors.

In his current role, Adam’s primary responsibilities include trading execution, portfolio analysis, asset allocation, and investment performance. Additionally, he conducts research and due diligence on potential investments and alternative investment analysis.

Adam graduated from Northwestern University with an undergraduate degree in Communications. Adam is registered with FINRA and holds both the Series 7 and Series 66 licenses. Adam currently lives in Brooklyn, New York.

About Nicole Guerrero

Nicole joined the Karetsky Gort Wealth Management Group as a Business Development Associate in January 2019. Prior to joining the team, she worked for the Morgan Stanley Northeast Region as a Regional Client Engagement Associate where she supported Management and Financial Advisers in their business development and modern wealth management practices.

In her current role, Nicole’s primary responsibilities include helping lead the team’s digital strategies, marketing, as well as business development initiatives.

Nicole graduated from Siena College with an undergraduate degree in Finance with a concentration in Business Administration. She is registered with FINRA and holds both the Series 7 and Series 66 licenses.

Nicole is the Co-Chair of the Women in Wealth NYC Chapter, an active member of the Women’s Business Alliance group at Morgan Stanley, and participates in various volunteer activities. She lives in Manhattan with her husband Joseph, their son Bryce and daughter Briseis.

About Dexter Jarach

Dexter joined the Karetsky Gort Wealth Management Group as a Private Wealth Management Team Associate. Prior to joining the team, he went through Morgan Stanley’s Wealth Management Rotational Analyst Program, where he spent time in Operational Risk and the Market Research and Strategy group within the Global Investment Office.

In his current role, Dexter focuses on client acquisition strategy, relationship management, and capital markets analysis.

Prior to joining Morgan Stanley, Dexter received his B.S. in Finance from the A. B. Freeman School of Business at Tulane University. He FINRA registered and holds the Series 7, 63, and 65 licenses.

Dexter lives in Manhattan and enjoys playing guitar, cooking, and spending time with friends and family.
Securities Agent: MA, MS, VA, SC, KY, NY, MO, AL, OH, RI, NH, NE, ND, GA, DC, AK, WV, WI, KS, IN, IL, ID, IA, CO, CA, AZ, WY, WA, VT, UT, SD, PA, OK, NM, MI, PR, OR, NJ, ME, MD, LA, HI, FL, DE, AR, TX, TN, NV, MT, MN, CT, VI, NC; General Securities Representative; Investment Advisor Representative

About Katie Miller

Katie recently joined the Karetsky Gort Wealth Management Group as a Private Wealth Management Registered Client Service Associate. Prior to joining the team, Katie spent two years as a Registered Client Service Associate in the Morgan Stanley Wealth Management Atlanta Office.

In her current role, her primary responsibilities include account maintenance, cash management services, and administrative support to the team.

Prior to joining Morgan Stanley, Katie received her B.S. in Economics from Santa Clara University. She holds FINRA Series 7 and Series 66 licenses. In her spare time, Katie enjoys running, playing pickleball and spending time with family and friends.
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Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.

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.

See the Financial Advisors Biographies for Registration and Licensing information.

Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.

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

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