Richard Dimarzo, CPM®
Executive Director,
Financial Advisor,
Senior Portfolio Management Director,
Workplace Advisor – Equity Compensation
Direct:
(561) 393-1802(561) 393-1802
Toll-Free:
(800) 736-4608(800) 736-4608
My Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals
My Story and Services
In a career that has spanned more than 37 years, Richard DiMarzo has firmly established a stellar reputation for helping clients achieve their financial goals by employing a sound long-term approach to financial planning and money management.
Equally impressive, Richard has spent his entire career with Morgan Stanley and predecessor companies. His clients have been as loyal to him as he has been to Morgan Stanley because at the outset of every relationship he prepares them for what they might expect from their portfolio.
“While no one can predict the future, one can get a good idea of how certain investments might perform based on historical results,” he says. “When clients have this knowledge, they are less likely to react emotionally and take a detour from their financial plan when markets turn unexpectedly volatile.”
One of the reasons Richard has devoted so much of his life to the business – and why he has no plans to retire anytime soon -- is that he is fulfilled when his clients achieve their goals. He attributes this fact to his steadfast desire to only recommend investments they need. He never sells products.
While Richard has the experience to offer clients the full spectrum of financial services, he focuses primarily on equity and fixed-income asset management and financial planning for high-net-worth individuals and multi-generational families.
He is a Dedicated Equity Plan Specialist, which enables him to serve individuals at both private and public companies who have exercised stock options. He has also received his designation as Certified Portfolio Manager ® from Columbia University.
Richard is the former Chairperson of Judy’s Fund: Hope for Cancer Survivors. The fund was established in 2012 as a tribute to Judy, his late wife, who passed away from cancer in 2009. The fund’s purpose was to raise funds for the Judy DiMarzo Cancer Survivorship Program at Wilmot Cancer Institute. The fund worked to establish The Warrior Walk Celebrating Life Beyond Cancer, which has become an annual signature event for the Wilmot Cancer Institute.
He is the former Chairperson of the Board of the James P. Wilmot Cancer Institute, a former member of the George Eastman Circle and was a founding member of the Willow Society. Richard is also the Chairman of the Board of Colgate Rochester Crozer Divinity School, served as Chair of the Board’s Institutional Advancement and Finance committees, as well as, the prior Chair of Institutional Advancement and Property and Finance.
Richard was awarded the 2015 Community Leadership award by Morgan Stanley and was also named Best-In-State Financial Advisor Forbes/Shook Research 2021.
A prior board member of PMI (Portfolio Management Institute) and a former 10 year associate member of PAMIC (Pennsylvania Association of Mutual Insurance Companies), where he actively wrote for the PAMIC Pulse, a monthly publication for Pennsylvania Mutual Insurance companies.
A graduate of Colgate University in Hamilton, New York he earned his degree in Philosophy and Religion with a concentration in Ethics.
Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Feb 2021) Data compiled by SHOOK Research LLC based on time period from 6/30/19 - 6/30/20.
Equally impressive, Richard has spent his entire career with Morgan Stanley and predecessor companies. His clients have been as loyal to him as he has been to Morgan Stanley because at the outset of every relationship he prepares them for what they might expect from their portfolio.
“While no one can predict the future, one can get a good idea of how certain investments might perform based on historical results,” he says. “When clients have this knowledge, they are less likely to react emotionally and take a detour from their financial plan when markets turn unexpectedly volatile.”
One of the reasons Richard has devoted so much of his life to the business – and why he has no plans to retire anytime soon -- is that he is fulfilled when his clients achieve their goals. He attributes this fact to his steadfast desire to only recommend investments they need. He never sells products.
While Richard has the experience to offer clients the full spectrum of financial services, he focuses primarily on equity and fixed-income asset management and financial planning for high-net-worth individuals and multi-generational families.
He is a Dedicated Equity Plan Specialist, which enables him to serve individuals at both private and public companies who have exercised stock options. He has also received his designation as Certified Portfolio Manager ® from Columbia University.
Richard is the former Chairperson of Judy’s Fund: Hope for Cancer Survivors. The fund was established in 2012 as a tribute to Judy, his late wife, who passed away from cancer in 2009. The fund’s purpose was to raise funds for the Judy DiMarzo Cancer Survivorship Program at Wilmot Cancer Institute. The fund worked to establish The Warrior Walk Celebrating Life Beyond Cancer, which has become an annual signature event for the Wilmot Cancer Institute.
He is the former Chairperson of the Board of the James P. Wilmot Cancer Institute, a former member of the George Eastman Circle and was a founding member of the Willow Society. Richard is also the Chairman of the Board of Colgate Rochester Crozer Divinity School, served as Chair of the Board’s Institutional Advancement and Finance committees, as well as, the prior Chair of Institutional Advancement and Property and Finance.
Richard was awarded the 2015 Community Leadership award by Morgan Stanley and was also named Best-In-State Financial Advisor Forbes/Shook Research 2021.
A prior board member of PMI (Portfolio Management Institute) and a former 10 year associate member of PAMIC (Pennsylvania Association of Mutual Insurance Companies), where he actively wrote for the PAMIC Pulse, a monthly publication for Pennsylvania Mutual Insurance companies.
A graduate of Colgate University in Hamilton, New York he earned his degree in Philosophy and Religion with a concentration in Ethics.
Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Feb 2021) Data compiled by SHOOK Research LLC based on time period from 6/30/19 - 6/30/20.
Securities Agent: WY, WV, WA, VT, VI, VA, UT, TX, TN, SC, RI, PR, OR, OK, OH, NV, NM, NJ, NH, NE, ND, NC, MS, MO, MN, MI, ME, MD, MA, LA, KY, KS, IN, IL, ID, IA, MT, HI, GA, FL, DE, DC, CT, CO, NY, CA, AZ, AR, PA, AL, AK, WI, SD; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1268429
NMLS#: 1268429
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Education & Associations
Education and Licensing
- B.A. - Concentration-EthicsColgate University
- Insurance License
- Series 3 - National Commodity Futures
- Series 63 - Uniform State Exam
- Series 65 - Investment Advisory Agent
- Series 7 - General Securities Representative
Associations
- Former Chairman of Judy's Fund: Hope for Cancer Survivors
- Former Chairman of the Board of the James P. Wilmont Cancer Institute
- Chairman of Colgate Rochester Crozier Divinity School Governing Trustee
- Former Member of Pennsylvania Mutual Insurance Association Committee
- Portfolio Management Institute
The Pelican Bay Group: 2022 Forbes America's Top Wealth Management Teams
"Source: Forbes.com (November 2022) 2022 Forbes America’s Top Wealth Management Teams ranking awarded in 2022. This ranking was determined based on an evaluation process conducted by SHOOK Research LLC (the research company) in partnership with Forbes (the publisher) during the period from 3/31/21 – 3/31/22. Neither Morgan Stanley Smith Barney LLC nor its Financial Advisors or Private Wealth Advisors paid a fee to SHOOK Research LLC to obtain or use the ranking. This ranking is based on in-person and telephone due diligence meetings to evaluate each advisor qualitatively, a major component of a ranking 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 opinions of SHOOK Research LLC and this ranking 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 SHOOK Research LLC or Forbes. For more information, see www.SHOOKresearch.com.
©2022 Morgan Stanley Smith Barney LLC. Member SIPC."
©2022 Morgan Stanley Smith Barney LLC. Member SIPC."
The Pelican Bay Group: Barron's Top 250 Private Wealth Management Teams 2024
Barron's Top 250 Private Wealth Management Teams
Source: barrons.com (Awarded May 2024) Data compiled by Barron's for the period Jan 2023-Dec 2023.
Source: barrons.com (Awarded May 2024) Data compiled by Barron's for the period Jan 2023-Dec 2023.
2024 Forbes America's Top Wealth Advisors Best-In-State
[Source: Forbes (Awarded April 2024). Data compiled by SHOOK Research LLC for the period 6/30/22-6/30/23. https://www.morganstanley.com/what-we-do/wealth-management/forbes-top-wealth-advisors-lists-2024]
The Boca Raton Observer: Power Players
Click the link below to see The Pelican Bay Group Wealth Management featured in the Boca Raton Observer magazine.
Learn MoreMy Services, Explained:
I am committed to providing advice to help you achieve your financial goals.
My goal is to fully understand your finances so I can help customize a wealth plan that proactively aligns your finances and investments. My objective is to earn your confidence not only through the quality of solutions I provide to you, but also through the excellence with which they are delivered.
My goal is to fully understand your finances so I can help customize a wealth plan that proactively aligns your finances and investments. My objective is to earn your confidence not only through the quality of solutions I provide to you, but also through the excellence with which they are delivered.
Workplace Advisors - Equity Compensation
As the administrator of your company's equity
compensation plan, we pride ourselves on helping you manage your awards effectively. We are here to provide
easy access to your account, answer questions about your awards and handle your transactions accurately and
conveniently. We help build financial confidence through
insightful advice, thoughtful education end cutting-edge
technology across a suite of workplace solutions.
Learn More About Our Financial Wellness Programcompensation plan, we pride ourselves on helping you manage your awards effectively. We are here to provide
easy access to your account, answer questions about your awards and handle your transactions accurately and
conveniently. We help build financial confidence through
insightful advice, thoughtful education end cutting-edge
technology across a suite of workplace solutions.
Wealth Management
At Morgan Stanley Wealth Management, exclusive access
to vast resources, combined with our unique capabilities,
gives us the means to support your goals at every life
stage. We provide a range of solutions to meet you where
you are—no matter your starting point or preferred
investing approach. We understand that as family or
institutional wealth increases, the implementation of
investment strategies becomes increasingly complex end
portfolios require close monitoring to remain within
intended parameters.
Learn More About Our Wealth Management Servicesto vast resources, combined with our unique capabilities,
gives us the means to support your goals at every life
stage. We provide a range of solutions to meet you where
you are—no matter your starting point or preferred
investing approach. We understand that as family or
institutional wealth increases, the implementation of
investment strategies becomes increasingly complex end
portfolios require close monitoring to remain within
intended parameters.
Risk Analysis
We take a holistic approach to managing your finances by
identifying risk outliers and understanding the Impact of
market scenarios. We leverage Morgan Stanley's Portfolio
Risk Platform and the risk analytics integrated to
understand risk insights across thousands of risk
factors. We can instantly analyze an entire portfolio,
including assets held elsewhere, which helps identify and
mitigate your risk.
Introducing the New Portfolio Risk Platformidentifying risk outliers and understanding the Impact of
market scenarios. We leverage Morgan Stanley's Portfolio
Risk Platform and the risk analytics integrated to
understand risk insights across thousands of risk
factors. We can instantly analyze an entire portfolio,
including assets held elsewhere, which helps identify and
mitigate your risk.
Portfolio Management
We study investment trends and leverage the global
resources of the firm to help you develop a personalized
investment strategy. We'll develop a customized portfolio
to meet your requirements for growth, income and wealth
conservation within your risk constraints. Our experience,
training and investment philosophy offer guidance—both
in ongoing portfolio management decisions end
understanding investment risk while keeping your long-
term goals in view.
resources of the firm to help you develop a personalized
investment strategy. We'll develop a customized portfolio
to meet your requirements for growth, income and wealth
conservation within your risk constraints. Our experience,
training and investment philosophy offer guidance—both
in ongoing portfolio management decisions end
understanding investment risk while keeping your long-
term goals in view.
Retirement Planning
We are here to help you create a well-rounded planning
approach for retirement and create your estate planning
strategy designed to preserve, manage, and distribute
your assets during and after your lifetime, while helping
to minimize taxation. We are here to help manage your
employer's retirement plan (i.e. 401(k) plan), identify your
personal goals, track your progress toward achieving
them and work together to create a customized plan.
View Insights on Retirement Planningapproach for retirement and create your estate planning
strategy designed to preserve, manage, and distribute
your assets during and after your lifetime, while helping
to minimize taxation. We are here to help manage your
employer's retirement plan (i.e. 401(k) plan), identify your
personal goals, track your progress toward achieving
them and work together to create a customized plan.
Cash Management & Lending
As a client, you will have access to a suite of cash
management solutions as a competitive alternative to a
traditional bank. Through your Morgan Stanley Active
Assets Account or CashPIus Brokerage Account, you can
access a full suite of Cash Management Solutions to help
you manage your everyday finances. Additionally, we're
able to provide qualified clients with financing solutions for almost any personal or business need .
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
The CashPlus Account is a brokerage account offered through Morgan Stanley Smith Barney LLC. Conditions and restrictions apply.
management solutions as a competitive alternative to a
traditional bank. Through your Morgan Stanley Active
Assets Account or CashPIus Brokerage Account, you can
access a full suite of Cash Management Solutions to help
you manage your everyday finances. Additionally, we're
able to provide qualified clients with financing solutions for almost any personal or business need .
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
The CashPlus Account is a brokerage account offered through Morgan Stanley Smith Barney LLC. Conditions and restrictions apply.
Our Ultra-High Net Worth Clients
Everyone with investable assets requires the fundamentals of wealth management – financial planning, an investment portfolio, and management of a personal balance sheet.
These are services we provide to every client, however; individuals and families with $10 million or more in assets (which we define as “ultra-high net worth”) have additional considerations, which are an important part of our service. See a handful of resources for these clients below.
These are services we provide to every client, however; individuals and families with $10 million or more in assets (which we define as “ultra-high net worth”) have additional considerations, which are an important part of our service. See a handful of resources for these clients below.
Wealth Transfer
Taking care of future generations is a core objective of many clients. Our advice on the most effective way to structure wealth transfer can make a meaningful difference in terms of taxes, control and family dynamics.
Philanthropy
Our clients often have a cherished institution or cause to which they want to make a lasting contribution. We help clients sort through the many ways to structure philanthropic plans to maximize the value of their gift.
Legacy Planning
How do you want to be remembered? Many clients come to us with general ideas, but without a specific, defined strategy to accomplish their legacy goals. We work with them to create a plan.
Legacies That Last
Endowments & Foundations
Many clients with substantial wealth choose to create an endowment at an institution, or a foundation with a defined charitable goal. Our team, plus top professionals at Morgan Stanley, have the necessary experience and specialized knowledge to manage this task.
Tax-Efficient Portfolios
Morgan Stanley Portfolio Solutions/Parametric Tax
Efficient Portfolios are designated for high-net-worth
investors seeking a tax-managed, diversified portfolio.
Portfolios are monitored, evaluated, and rebalanced to
maintain diversification and react to changing market
conditions.
Tax-Efficient StrategiesEfficient Portfolios are designated for high-net-worth
investors seeking a tax-managed, diversified portfolio.
Portfolios are monitored, evaluated, and rebalanced to
maintain diversification and react to changing market
conditions.
Signature Access
Signature Access, the highest tier of Morgan Stanley's
complimentary loyalty program Reserved Living & Giving.
gives clients with $10 million or more in assets at the firm
access to world class services such as Private Health
Advisory, Personal Cybersecurity Services, Aircraft
Management and more in addition to all the discounts
and content available through Reserved Living & Giving.
MS Reserved Living & Givingcomplimentary loyalty program Reserved Living & Giving.
gives clients with $10 million or more in assets at the firm
access to world class services such as Private Health
Advisory, Personal Cybersecurity Services, Aircraft
Management and more in addition to all the discounts
and content available through Reserved Living & Giving.
Family Office Cybersecurity
Family Offices can be quite vulnerable to cyber threats
and the dangers of ransomware are real. Consider these
best practices to protect your information and assets in
an increasingly complex digital world.
Family Offices & Cybersecurityand the dangers of ransomware are real. Consider these
best practices to protect your information and assets in
an increasingly complex digital world.
Location
4855 Technology Way
Suite 600
Boca Raton, FL 33431
US
Direct:
(561) 393-1802(561) 393-1802
Toll-Free:
(800) 736-4608(800) 736-4608
Fax:
(585) 383-9288(585) 383-9288
Wealth Management
From My Desk
The Pelican Bay Group Q2 Market Commentary
Wealth Management
Global Investment Office
Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Are You Prepared for Tax Day?
Article Image
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
Article Image
Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Mosaic
Explore ideas and inspiration with captivating, original lifestyle stories created exclusively for Morgan Stanley clients.
A Change of Greenery
Article Image
Ready to start a conversation? Contact Richard Dimarzo today.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
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 legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
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 legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
