Patricia Elgarhi, Senior Registered Associate
Phone:
(201) 967-6312(201) 967-6312
Scott M Ashley
Senior Vice President, Wealth Management,
Financial Advisor,
Senior Portfolio Manager
Direct:
(201) 967-6292(201) 967-6292
Toll-Free:
(800) 526-0829(800) 526-0829
My Mission Statement
Helping clients with their personalized investment and financial
strategies
strategies
My Story and Services
Scott M. Ashley holds the title of Senior Vice President – Wealth Management, Portfolio Management Director and Financial Advisor at Morgan Stanley Wealth Management. Since joining the firm in 1994, he has developed a practice focused in retirement planning and portfolio management. Scott graduated from the University of Hartford with a degree in Business Administration, and spent ten years in public accounting as a Certified Public Accountant. *
With over 30 years of experience in financial services and a background in public accounting, Scott has devoted countless hours furthering his knowledge to allow him to become better equipped to navigate clients through the complex financial matters associated with retirement. He’s shared this knowledge by conducting over 200 client workshops and seminars to continuously educate investors.
Scott is firmly committed to building long-term relationships, and strives to deliver exceptional client service. By listening carefully to a client’s goals, values and concerns, he works diligently to help them achieve their financial objectives.
Many of Scott’s clients consist of small business owners, corporate executives, teachers and physicians. These individuals have worked extremely hard during their careers to build significant wealth. Scott creates customized, risk-adjusted portfolios to provide income and growth while emphasizing capital preservation.
Scott resides in Wyckoff, New Jersey with his wife, Lisa. He enjoys spending time with family, playing softball, gardening and tending to a 2,000-gallon Koi pond and 180-gallon salt water fish tank.
*Not currently working this capacity.
Tax laws are complex and subject to change. 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 and are not “fiduciaries” (under ERISA, the Internal Revenue Code or otherwise) with respect to the services or activities described herein except as otherwise agreed to in writing by Morgan Stanley. This material was not intended or written to be used for the purpose of avoiding tax penalties that may be imposed on the taxpayer. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a retirement plan or account, and (b) regarding any potential tax, ERISA and related consequences of any investments made under such plan or account.
The individual mentioned is a Financial Advisor with Morgan Stanley participating in the Morgan Stanley Portfolio Management program. The Portfolio Management program is an investment advisory program in which the client’s Financial Advisor invests the client’s assets on a discretionary basis in a range of securities. The Portfolio Management program is described in the applicable Morgan Stanley ADV Part 2, available at www.morgan stanley.com/ADV or from your Financial Advisor.
With over 30 years of experience in financial services and a background in public accounting, Scott has devoted countless hours furthering his knowledge to allow him to become better equipped to navigate clients through the complex financial matters associated with retirement. He’s shared this knowledge by conducting over 200 client workshops and seminars to continuously educate investors.
Scott is firmly committed to building long-term relationships, and strives to deliver exceptional client service. By listening carefully to a client’s goals, values and concerns, he works diligently to help them achieve their financial objectives.
Many of Scott’s clients consist of small business owners, corporate executives, teachers and physicians. These individuals have worked extremely hard during their careers to build significant wealth. Scott creates customized, risk-adjusted portfolios to provide income and growth while emphasizing capital preservation.
Scott resides in Wyckoff, New Jersey with his wife, Lisa. He enjoys spending time with family, playing softball, gardening and tending to a 2,000-gallon Koi pond and 180-gallon salt water fish tank.
*Not currently working this capacity.
Tax laws are complex and subject to change. 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 and are not “fiduciaries” (under ERISA, the Internal Revenue Code or otherwise) with respect to the services or activities described herein except as otherwise agreed to in writing by Morgan Stanley. This material was not intended or written to be used for the purpose of avoiding tax penalties that may be imposed on the taxpayer. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a retirement plan or account, and (b) regarding any potential tax, ERISA and related consequences of any investments made under such plan or account.
The individual mentioned is a Financial Advisor with Morgan Stanley participating in the Morgan Stanley Portfolio Management program. The Portfolio Management program is an investment advisory program in which the client’s Financial Advisor invests the client’s assets on a discretionary basis in a range of securities. The Portfolio Management program is described in the applicable Morgan Stanley ADV Part 2, available at www.morgan stanley.com/ADV or from your Financial Advisor.
Securities Agent: KS, HI, VA, TX, NJ, NY, IN, DC, MD, CT, AZ, OR, MA, ID, FL, DE, VT, OK, NM, MO, KY, CA, WA, TN, NC, MI, IL, RI, MS, GA, SC, PA, NH; General Securities Representative; Investment Advisor Representative
NMLS#: 1279335
NMLS#: 1279335
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Digital Wealth Management
My comprehensive suite of digital tools are designed to enhance every aspect of your financial life. Here are a few of the technologies we have to offer our clients.
Morgan Stanley Online
Your investments and everyday finances are always just a few clicks away with Morgan Stanley Online (MSO) and the Morgan Stanley Mobile App.
Click Here to View
Total Wealth View
Complete your financial picture with Total Wealth View. By linking your accounts you will benefit from more informed wealth planning, more secure data access, and convenient connectivity.
Click Here to View
Digital Vault
Easily and conveniently manage and share life’s most important documents, such as wills, deeds and estate plans, as well as financial statements and tax filings. Digital Vault allows for easy document sharing, convenient access, and encrypted files.
Click Here to View
Online Security Center
The security of your assets and personal information is extremely important. Learn about our security measures and use our resources and ideas to help protect yourself online.
Online Security Resources
Morgan Stanley Mobile App
The Morgan Stanley Mobile App gives you the same capabilities as Morgan Stanley Online – all from the convenience of your own phone. It also offers features to simplify your everyday finances. These include mobile check deposit and Send Money with Zelle.
Click Here to View
Goals-Based Planning
Managing your finances is about more than managing your investments. Your Financial Advisor can support you in many aspects of your financial life – including budgeting, cash management, retirement planning and other financial goals.
Click Here to ViewThe topic of retirement generates a lot of questions. We’ve included some of the most common ones we receive, along with a couple of uncommon ones you should be asking. Whether you’re a pre-retiree or already retired, we look forward to addressing your own questions, and navigating you through this complex stage of life.
Do I really need to have a retirement plan?
Everyone should have a plan—or at the very least some key steps to follow for success. Keep in mind as you become older it’s increasingly important to have a plan in place especially if you need some assistance or become completely incapacitated. It’s also critical to have a will, power of attorney and beneficiaries on record, and periodically review this information to ensure it’s current.
How should I change my investments to suit my new income needs?
Focus on investing in strong, stable companies, creating a high-quality, fixed income portfolio to mitigate your market risk exposure and consider using dividends to fight inflation. Developing an emergency fund is a good idea, too.
When transitioning my savings into a paycheck in retirement, which account do I draw from first?
That depends on your situation. We’ll provide a thorough analysis to see which makes the most sense for you. Once we’ve put together a strategy, Morgan Stanley makes it simple to set up automatic payments to your local bank. We can also consult with your CPA to determine how to minimize your tax burden which can significantly impact your retirement income.
How much am I going to spend on healthcare? I’m not sure what to budget.
We’ll work with to better determine your budget, and leverage a tool from Morgan Stanley that reviews national cost data to estimate healthcare costs for individuals. As part of this discussion, we may discuss if original Medicare or a Medicare Advantage plan would be best for you.
We’ll also explore other potential ways to save on healthcare costs, such as trying to avoid the Income-Related Monthly Adjustment Amount for Medicare. This is an additional amount above the standard Part B and D premiums you may need to pay if your income exceeds certain thresholds.
We’ll also explore other potential ways to save on healthcare costs, such as trying to avoid the Income-Related Monthly Adjustment Amount for Medicare. This is an additional amount above the standard Part B and D premiums you may need to pay if your income exceeds certain thresholds.
I might be underestimating or overlooking some expenses. What are my peers spending their money on during retirement?
Obviously, your expenditures will be different from other retirees. But after advising retirees for many years, we’ve noticed two commonly overlooked expenses that cause clients to underestimate what they will really need.
As an example, home repair expenses are often double what many retirees anticipate. Secondly, dental repairs typically become more frequent as you age—and the fees for these repairs are ballooning. For instance, dental implants cost thousands of dollars per tooth. Helping clients anticipate these types of common expenses is an important but often overlooked aspect of retirement planning.
As an example, home repair expenses are often double what many retirees anticipate. Secondly, dental repairs typically become more frequent as you age—and the fees for these repairs are ballooning. For instance, dental implants cost thousands of dollars per tooth. Helping clients anticipate these types of common expenses is an important but often overlooked aspect of retirement planning.
Location
61 South Paramus Road, 3rd
Fl
Paramus, NJ 07652
US
Direct:
(201) 967-6292(201) 967-6292
Toll-Free:
(800) 526-0829(800) 526-0829
Fax:
(201) 262-3761(201) 262-3761
Meet My Team
Kevin Howard
Phone:
(201) 967-6234(201) 967-6234
About Kevin Howard
As a Registered Client Service Associate at Morgan Stanley, I provide high-level support to financial advisors and clients, ensuring a seamless wealth management experience. With active Series 7, Series 66, and Life, Health, and Annuity Insurance licenses, I assist in executing investment strategies, managing client relationships, and navigating financial solutions.
I am a graduate of the University of South Carolina with a strong foundation in finance and client service. Outside of work, I enjoy golf and spending time with family.
I am a graduate of the University of South Carolina with a strong foundation in finance and client service. Outside of work, I enjoy golf and spending time with family.
Wealth Management
Global Investment Office
Portfolio Insights
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
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
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
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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
Ready to start a conversation? Contact Scott M Ashley today.
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When 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.
3Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
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 and other legal matters.
5Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
6Morgan 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.
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 and other legal matters.
7Morgan 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
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
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When 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.
3Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
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 and other legal matters.
5Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
6Morgan 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.
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 and other legal matters.
7Morgan 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
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
CRC 6491812 (04/2024)
