

Nabhan-Smith at Morgan Stanley

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- Alternative InvestmentsFootnote1
- Corporate Retirement PlansFootnote2
- Defined Contribution PlansFootnote3
- Endowments and FoundationsFootnote4
- Estate Planning StrategiesFootnote5
- Executive Financial ServicesFootnote6
- Financial PlanningFootnote7
- Institutional ServicesFootnote8
- Cash Management and Lending ProductsFootnote9
- Philanthropic ManagementFootnote10
- Retirement PlanningFootnote11
- Sustainable InvestingFootnote12
- Trust AccountsFootnote13
While all wealthy families face complex financial issues, each has its own challenges, opportunities, and aspirations. Based on a deep understanding of these factors, we can help you create a customized, comprehensive plan to help you achieve your goals and realize your distinct vision.
All of our clients receive a tailored investment plan based on their unique set of circumstances.
Our goal is to preserve and grow your financial, family and social capital so that it can have the greatest positive impact today and for generations to come.
Common goals of our clients over the years include:
- Reduce investment costs and access leading asset-managers at negotiated rates
- Develop estate planning strategies to effectively transfer wealth to the next generation and/or charitable causes in a tax-efficient manner
- Design comprehensive financial plan with ideal retirement (or other goals) in mind
- Construct values-aligned investment portfolios, incorporating social and/or environmental impact objectives
- Plan for family members' education funds
- Define philanthropic goals, evaluate appropriate charitable giving mechanisms (e.g., charitable remainder trusts, donor advised funds, etc.) and assist in the selection of appropriate charitable organizations.
- Streamline Alternative Investments fund reporting and establish clear allocation strategy
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 matters involving trusts, estate planning, charitable giving, philanthropic planning or other legal matters.
Alternative investments are often speculative and include a high degree of risk. Investors can lose all or a substantial amount of their investment. They may be highly illiquid, can engage in leverage, short-selling and other speculative practices that may increase volatility and the risk of loss, and may be subject to large investment minimums and initial lock-ups. They may involve complex tax structures, tax inefficient investing and delays in distributing important tax information. They may have higher fees and expenses that traditional investments, and such fees and expenses can lower the returns achieved by investors.
Our team traces its roots to the early days of institutional investment consulting and over the past four decades has served as an experienced advisor to various non-profits, foundations, endowments, and corporations.
Our disciplined approach is shaped by our deep experience consulting to a variety of different types of institutional investors of all sizes, including:
- Endowments
- Foundations
- Family Offices
- Professional Associations
- Educational Institutions
- Healthcare Organizations
- Land & Wildlife Conservation Organizations
- Arts, Culture, & Community Organizations
- Corporate Retirement Plans
- Non-discretionary and Discretionary Investment Consulting
- Outsourced Chief Investment Officer (OCIO)
- Retirement Plan Design and Management
- Retirement Plan Participant Education
- Defined Benefit Plans
- Endowments & Foundations
- Investment & Spending Policy Management
- Alternative Investments
- Asset Allocation Advice
- Return & Risk Forecasting
- Investment Cost Analysis
- Manager Due Diligence & Research
- Capital Markets Expertise
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Meet Nabhan-Smith
About Norman E Nabhan
Mr. Nabhan began his career in financial services as an Account Executive in 1973. He has both, served clients directly and has had numerous management positions with Smith Barney’s Consulting Group. In 2004 he was made National Director of the Investment Consulting Division, and was made a Managing Director of Smith Barney/Citigroup. He served as President of Citigroup Investment Advisory Services (CIAS) which managed $6 Billion in assets in a discretionary manager of managers program and $10 Billion in assets in series of registered mutual funds managed by independent managers. He has completed the course of study at the Wharton School of Business offered in conjunction with the Investment Management Consultants Association that has resulted in certification as a Certified Investment Management Analyst (CIMA®).
Mr. Nabhan is a graduate of Purdue University with a B. A. His Professional associations include the Investment Management Consultants Association, where he served on the Board of Directors for 8 years, and served two years as President. He has been conferred the title of Director Emeritus by the organization. He also served as Chairman of the Certification committee. He is the Past President of the Association of Professional Investment Consultants (APIC). He has served as a Director and National Treasurer, and National President of Sigma Phi Epsilon Fraternity. He served on the Alternative Investment Advisory Board for the Purdue University Endowment and was on the Advisory Board of the Center for Wealth and Philanthropy at Boston College. He currently sits on the Board of the Dyslexia School of Houston.
He has been a speaker at numerous industry and Philanthropic conferences at the Indiana University Center of Philanthropy, Boston College, Philanthropy Southwest, as well as Exponent Philanthropy and NACUBO. He serves on the planning committee and as a faculty member for the University of Texas Law School Nonprofit Institute. He is one of a select group of Advisors at Morgan Stanley designated a “Director of Impact Investing”. He has been named by “Forbes Magazine” as one of America’s Best in State Wealth Advisors in Texas 2020, 2023, and 2024. His group is one of “Barron's” Top 100 Institutional Consulting Teams in 2021 and is a 2024-2025 Forbes Best-In-State Wealth management Team. He has also appeared on CNBC.
2024-2025 Forbes Best-In-State Wealth Management Teams Source: Forbes.com (2024-2025) Forbes Best-In-State Wealth Management Teams ranking awarded in 2024-2025. Each ranking was based on an evaluation process conducted by SHOOK Research LLC (the research company) in partnership with Forbes (the publisher). This evaluation process concluded in March of the previous year the award was issued, having commenced in March of the year before that.
Source: Forbes.com (2020, 2023, 2024). Forbes Best-In-State Wealth Advisors ranking awarded in 2020, 2023, 2024. Each ranking was based on an evaluation process conducted by SHOOK Research LLC (the research company) in partnership with Forbes (the publisher). This evaluation process concluded in June of the previous year the award was issued having commenced in June of the year before that.
Source: Barron's.com (April 2021) 2021 Barron's Top 100 Institutional Consulting Teams ranking awarded in 2021. This ranking was determined based on an evaluation process conducted by Barron's during the period from Dec 2019 - Dec 2020.
NMLS#: 1279572
About Victoria Polinski Smith
She began her financial services career after graduating from the University of Memphis with a BBA in Finance. After joining the firm, Vicki was recognized on a national level for her outstanding achievements and contributions to the firm by receiving the Consulting Group “Analyst of the Year” award¹. She attended the Barron’s Top 100 Women Advisors Summitt² in 2009 where she was a featured speaker.
Vicki earned her professional designation of Certified Investment Management Analyst (CIMA®) through Wharton School at the University of Pennsylvania, and is an active member of the Investments and Wealth Institute (formerly IMCA). She is a member of and formerly served on the Board of Directors of the Association of Professional Investment Consultants (APIC), originally founded by a group of Morgan Stanley Smith Barney consultants, and chaired their annual conference in 2010. APIC is a society of Morgan Stanley Smith Barney investment management consultants dedicated to the highest ethical and greatest commitment to client service. Vicki also serves on the Retirement Advisor Council whose mission is to advocate for successful retirement outcomes through collaboration of a small group of plan advisors, service providers and investment managers.
In recognition of her commitment and service to her clients, Vicki was named to Forbes Top Women Wealth Advisors Best-In-State in 2022-2025. She was also named to the 2024 Forbes Best-In-State Wealth Advisors list. Her team was selected as a 2024-2025 Forbes Best in State Wealth Management Team and Barron’s Top Institutional Team in 2021.
Vicki currently serves on the Board of the Kelsey Research Foundation where she is a member of the Executive committee and Chair of the Finance committee.
1 The FA Analyst of the Year award is awarded annually in each Division to a branch Analyst who has gone above and beyond in support of their team and has contributed to the analyst community as a whole. Analysts are nominated by their FA Sponsor, Branch Manager, or CG Staff member.
2 Although not a recipient of the 2009 Barron's "Top 100 Financial Advisors" award, Victoria Smith was selected by my firm to attend the 2010 "Barron's Winners Circle Top Advisors Summit”. The Summit is hosted by Barron's magazine to promote best practices in the industry and the value of advice to the investing public. A group of 500 advisors, selected by their firms, participate in workshops that explore current issues ranging from business development ideas through managing high-net-worth accounts and families to portfolio management and retirement planning.
2024 Forbes Best-In-State Wealth Advisors Source: Forbes.com (Awarded April 2024) Data compiled by SHOOK Research LLC for the period 6/30/22 - 6/30/23.
2024-2025 Forbes Best-In-State Wealth Management Teams Source: Forbes.com (Awarded 2024-2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in March of year prior to the issuance of the award.
2022-2025 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 2022-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
2021 Barron's Top 100 Institutional Consulting Teams
Source: Barron's.com (Awarded Apr 2021) This ranking was determined based on an evaluation process conducted by Barron's during the period from Dec 2019 - Dec 2020.
NMLS#: 1282579
About Matthew Nabhan
He is a member of the Association of Professional Investment Consultants (APIC). Matthew holds the Qualified Plan Financial Consultant, QPFC, designation awarded by the National Association of Plan Advisors. He also serves on APIC’s Young Advisors Advisory Board and as a mentor for the Kellogg-Morgan Stanley Sustainable Investing Challenge at Northwestern University. Matthew earned dual degrees in Business and Environmental Studies from the University of Colorado Boulder. He is an alumnus of the CU Leeds School of Business, Center for Ethics and Social Responsibility.
Matthew’s early career started in the non-profit sector, where he led a global team responsible for impact measurement and standards development for the B Corp certification. Because of this experience, Matthew has a unique perspective on mission-driven organizations, having consulted with hundreds of non-profit leaders, entrepreneurs, corporate executives, and fund managers who are addressing society’s most critical challenges in their own respective ways. This distinct background helps inform the team’s mission-aligned and impact investing work.
Matthew grew up in Texas before moving to the Brandywine Valley. He now resides in Kennett Square, PA, with his wife and three young sons. Outside of work, he volunteers with several non-profit organizations focused on wildlife conservation and promoting access for outdoor recreation.
Disclosures:
Asset allocation and diversification do not guarantee a profit or protect against a loss in a declining financial market.
Environmental, Social and Governance (“ESG”) investments in a portfolio may experience performance that is lower or higher than a portfolio not employing such practices. Portfolios with ESG restrictions and strategies as well as ESG investments may not be able to take advantage of the same opportunities or market trends as portfolios where ESG criteria is not applied. There are inconsistent ESG definitions and criteria within the industry, as well as multiple ESG ratings providers that provide ESG ratings of the same subject companies and/or securities that vary among the providers. Certain issuers of investments may have differing and inconsistent views concerning ESG criteria where the ESG claims made in offering documents or other literature may overstate ESG impact. ESG designations are as of the date of this material, and no assurance is provided that the underlying assets have maintained or will maintain and such designation or any stated ESG compliance. As a result, it is difficult to compare ESG investment products or to evaluate an ESG investment product in comparison to one that does not focus on ESG. Investors should also independently consider whether the ESG investment product meets their own ESG objectives or criteria.
There is no assurance that an ESG investing strategy or techniques employed will be successful. Past performance is not a guarantee or a dependable measure of future results.
NMLS#: 1920551
About Jennifer Davies
Prior to joining Morgan Stanley, Jennifer spent 25 years working at Invesco, having started her career at AIM. In her last role as Sales Strategy Manager, she was an integral part of the sales leadership team with accountability for developing and executing sales strategies within the defined contribution and insurance sales channel. She enhanced territory management by providing sales data analysis, market research and client engagement metrics, which contributed to meeting multi-billion dollar annual sales goals.
Jennifer received her Bachelor’s degree in French from the University of Texas at Austin. She holds the FINRA Series 7, 65, 63 and 26 licenses. She is married and lives in Houston with her dog Brewtus and cat Ruby.
About Haris Saeed
With technical and educational experience from the UAE, Malaysia and Pakistan, Haris brings a comprehensive and vital set of skills to our Team. As our Institutional and HNW Investment Analyst, he is responsible for the structure, performance reporting and ongoing supervision of our portfolios.

Contact Norman E Nabhan

Contact Victoria Polinski Smith

Contact Matthew Nabhan
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4Morgan 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.
5Morgan 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 and other legal matters.
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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.
11When 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.
12The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
13Morgan 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 and other legal matters.
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