Terry 'Toby' Philip Cole Jr.
Financial Advisor
Direct:
(317) 818-7351(317) 818-7351
Toll-Free:
(800) 336-0095(800) 336-0095
My Mission Statement
We help affluent families pursue ambitious goals by delivering personalized service, objective investment advice and access to the global resources and network of Morgan Stanley.
My Story and Services
Toby began his financial services career in 1995 at a boutique firm founded by two retired Morgan Stanley investment bankers in Dallas, TX. He purchased his own broker-dealer in 1998 to pursue asset management and investment banking. From 2002 to 2008 he pursued other business interests and he re-entered the private wealth management arena as a partner with his financial advisor, and mother, Jill Grossman to form the Grossman Wealth Advisor Group at UBS. From there they moved to Morgan Stanley in 2012. Toby focuses on working with high and ultra-high net worth families and entrepreneurs. Primarily on the preservation, expansion and efficient tax management of their wealth.
He is a fourth-generation graduate of Indiana University where he is also a life member of the Alumni Association, the Arbutus Society and the 1820’s Society.
Toby is a past trustee of The Sycamore School, The Cancer Support Community and Children’s Bureau. He is mentor to the Little 500 cycling team Black Key Bulls at Indiana University. He has also finished 16 Full and Half Ironman's.
He has two children, TJ and Penelope, with his wonderful wife Jennifer. .
He is a fourth-generation graduate of Indiana University where he is also a life member of the Alumni Association, the Arbutus Society and the 1820’s Society.
Toby is a past trustee of The Sycamore School, The Cancer Support Community and Children’s Bureau. He is mentor to the Little 500 cycling team Black Key Bulls at Indiana University. He has also finished 16 Full and Half Ironman's.
He has two children, TJ and Penelope, with his wonderful wife Jennifer. .
Securities Agent: MN, OH, IN, FL, MA, VA, NE, IL, MO, MI, GA, CO, CA, NC, SC, NM, CT, DC, TX, OR, WI; General Securities Representative; Investment Advisor Representative
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Client Service Team
Marcal Probst - Registered Client Service Associate
Phone:
(317) 818-7408(317) 818-7408
Email:marcal.probst@morganstanley.com
Providing an exceptional customer experience is Marcal’s top priority. She has been with Morgan Stanley since February 2022.
Marcal recently moved to the Indianapolis area in the fall of 2021 from Battle Creek, Michigan with her husband and two daughters who are finishing college here. She is a graduate of Western Michigan University, majoring in Human Resource Management and minoring in International Business.
Marcal has her Securities Industries Essentials, Series 7 and Series 66 registrations with FINRA. Prior to joining Morgan Stanley, she worked for 3 years at a financial firm in Michigan and also worked in the healthcare industry in Human Resources and Client Services. She volunteered with Junior League, at the local schools with her Reading Education Assistant Dog, and at her daughters’ schools in their PTA programs.
Marcal recently moved to the Indianapolis area in the fall of 2021 from Battle Creek, Michigan with her husband and two daughters who are finishing college here. She is a graduate of Western Michigan University, majoring in Human Resource Management and minoring in International Business.
Marcal has her Securities Industries Essentials, Series 7 and Series 66 registrations with FINRA. Prior to joining Morgan Stanley, she worked for 3 years at a financial firm in Michigan and also worked in the healthcare industry in Human Resources and Client Services. She volunteered with Junior League, at the local schools with her Reading Education Assistant Dog, and at her daughters’ schools in their PTA programs.
Location
800 East 96 St
Ste 400
Indianapolis, IN 46240
US
Direct:
(317) 818-7351(317) 818-7351
Toll-Free:
(800) 336-0095(800) 336-0095
Fax:
(317) 489-4965(317) 489-4965
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
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
Ready to start a conversation? Contact Terry 'Toby' Philip Cole Jr. 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)
