Patrick D Malzone
My Mission Statement
Story and Services
With over 38 years of experience in financial services, Patrick has guided clients through every kind of market environment, helping them build, preserve, and grow their wealth across generations. His mission is simple: to help empower individuals and families to help them achieve their financial goals through strategic, personalized advice and planning.
Patrick began his career in 1987, earning his licenses the week of the historic market crash— an event which shaped his disciplined and resilient approach to financial advising. Patrick has since built strong relationships with both retail and institutional clients alike.
Whether you're planning retirement, managing multi-generational wealth, or seeking sophisticated investment strategies, Patrick begins every relationship by fully understanding your life's priorities. His comprehensive advisory approach integrates investment planning, risk management, and legacy considerations to evolve your financial plan with you.
In addition to his work with families and individual investors, Patrick brings deep institutional and transactional experience. He leverages the firm's robust capabilities in capital markets, corporate cash management, and institutional pricing and execution.
Patrick is passionate about helping clients not only preserve their finances but help grow them with clarity and confidence.
Outside the office, Patrick enjoys training, golfing, and biking. He's an avid University of Michigan football fan. Patrick lives in Farmington Hills with his wife, Carolyn. They have two adult sons, Nicholas and Alex.
Client Base
Physicians
I assist physicians seeking to grow and preserve their wealth. Many are already working longer hours to grow their practices and do not want to worry about year-to-year fluctuations in their income. Through my experience, I build a portfolio that can help physicians find a level of confidence.
High-Net-Worth Families
I work with high-net-worth families who seek to avoid taking too much risks with their finances. I look to our vast library of resources and network for help in generating predictable income from the wealth they've worked hard to accumulate.
Business Owners
I guide business owners who set growth targets for their companies each year but rely on investment income to supplement their cash flow. I also provide direction to entrepreneurs on planning their business exit strategies with the goal of ensuring a smooth transition and maximum value extraction. I focus on cross-functional consulting and value acceleration, drawing on a multi-disciplinary global network of high caliber advisors in the exit/succession planning community.
The Process
I help simplify your life. Your busy schedule may not have room to worry about all the moving pieces of your finances. I want to give you more time to enjoy your wealth. I'll facilitate this by working efficiently and prioritizing clear communication.
Our investment plans are tailored to help meet your specific lifestyle, needs, and goals. The needs of an executive are different than those of a small business owner. As your life changes or business grows, we will work together to help ensure you can continue to thrive.
I offer an independent point of view. I have an unbiased approach to investment selection. As your financial advisor, I place your needs first and provide prompt service.
When we work together, you benefit from personalized advice, objective guidance, and dedication to your success as an investor. Our goals-based wealth management approach will address key areas of your financial life beyond traditional investments and may incorporate diverse recommendations for helping build and preserve your wealth. Here we've outlined the steps to begin working together:
Who We Serve
My practice is built on the development of deep and enduring relationships and the delivery of comprehensive wealth management services.
Client Base:
Physicians
I assist physicians, helping them preserver and potentially grow their wealth. Many are already working longer hours to expand their practices and do not want to worry about year-to-year fluctuations in their income. Through my experience, I help build a portfolio that can help physicians find a level of comfort.
High Net Worth Families
I work with high net worth families who seek help managing the risks with their finances. I look to our vast library of resources and network for help in generating predictable income from the wealth they've worked hard to accumulate.
Business Owners
I guide business owners who set growth targets for their companies each year but rely on investment income to supplement their cash flow. I also provide direction to entrepreneurs on planning their business exit strategies with the goal of ensuring a smooth transition and maximum value extraction. I focus on cross-functional consulting and value acceleration, drawing on a multi-disciplinary global network of experienced advisors in the exit/succession planning community.
- Simplify their financial life
- Plan for an enjoyable retirement
- Manage risk and help protect their family
- Help managing investment related taxes through advanced strategies
- Educate the next generation on how to manage wealth and carry family values forward
- Achieve important philanthropic goals
- Professionals in the medical, pharmaceutical, and legal industry
- Business Owners
- Families spanning multiple generations
- High net-worth individuals
- Company Executives
- Institutions and Corporations
- Referrals from existing clients
Key Parts of My Practice
together. I listen carefully to understand the
connections across your personal life, your family, your
career and your legacy goals to develop an integrated
strategy that is designed to meet your unique needs.
the day-to-day aspects of implementing a financial
strategy. I help you meet your personal cash
management and borrowing needs while thinking
strategically about how specific approaches may affect
current and long-term costs and taxes.
and structured investments leveraging the thought
leadership of Morgan Stanley Research and dedicated
product specialists to identify potential investment
opportunities to help enhance the growth potential of
diversified portfolios.
charity requires more attention than families often
realize. I coordinate with your estate and tax
professionals to align your legacy goals with the
appropriate asset titling and beneficiary designation
requirements. I also have experience setting
up and managing trust accounts.
disciplined process that balances your attitudes about
investing with careful analysis of the financial markets.
Working together. we create a customized strategy that
applies long-held investment principles to help your
assets appreciate appropriately or generate cash-flow or
income as you require.
Monthly Newsletters
Here are the monthly newsletters from my desk. I believe financial literacy is the foundation of financial freedom. Explore some important topics and content below. Please reach out if anything interests you or you would like to learn more.
This publication summarizes the Global Investment Committee's market outlook and contains thought-provoking essays that examine the forces shaping the investment landscape.
A Big Beautiful Guide to the Big Beautiful Bill. In this report, we dive into the various tax provisions in the recent tax reconciliation bill as well as the implications for debt, deficits and markets.
Location
Portfolio Insights
Retirement
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Business Planning
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Philanthropy
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
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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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Awards Disclosures
