Welcome

The Burbank Hafeli Schiller Group at Morgan Stanley Private Wealth Management is focused on helping grow and preserve the long-term, permanent capital of food, beverage and consumer products entrepreneurs, private equity firm partners, and investment banking professionals.

Our practice has evolved over the past thirty years to serve exceptionally affluent clients with complex investing and planning needs. Mike Burbank’s family co-founded Bristol Farms, a Los Angeles based gourmet grocery store chain that raised private equity growth capital in 1994 and was acquired by Albertsons in 2004. As the son of a founder, Mike experienced the challenges of growing a family business, coordinating tax and estate planning advice, and managing family wealth first hand. The Burbank Hafeli Schiller Group has been structured to help entrepreneurs and their families grow and preserve their personal financial capital and simplify their financial lives through sophisticated financial planning and thoughtful investment management.

Today the Burbank Hafeli Schiller Group at Morgan Stanley Private Wealth Management is a national practice with partners in San Francisco and Baltimore, and manages over $1.7 billion for approximately fifty-five families as of January, 2018. We couple more than three decades of experience serving a select group of uncommonly successful families and individuals with Morgan Stanley’s strength, stature and global resources.
Capabilities
  • Comprehensive Wealth Planning
  • Pre-Liquidity Planning
  • Investment Management
  • Philanthropy Management
  • Family Governance & Wealth Education
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About PWM

Founded in 1977, Private Wealth Management is the division of Morgan Stanley Wealth Management that is dedicated to serving the firm’s most affluent clients, including some of the world’s most accomplished entrepreneurs, executives and stewards of multigenerational wealth. Functioning as an exclusive investment boutique within a global financial firm, we deliver sophisticated solutions that leverage the intellectual capital and insight of Morgan Stanley’s substantial global resources. Drawing on a deep understanding of your financial life, our goal is to help you:
  • Manage investments with an unwavering focus on your financial strategy and personal goals
  • Create comprehensive, multigenerational wealth management plans based on your needs, challenges and the values that guide your life and legacy
  • Simplify financial complexity to help you achieve clarity and control
Private Wealth Management Highlights
  • Approximately 250 teams1  specialized in assisting individuals and families with $20MM+ in investable assets
  • Over $330 billion in AUM2
  • Comprising 26% of the Barron’s Top 100 Financial Advisors list for 20173
  • Direct access to ultra high net worth experts in philanthropy, family dynamics, wealth transfer, lifestyle advisory and other areas of interest to ultra high net worth families
1 Morgan Stanley Wealth Management, December 31, 2017
2 Morgan Stanley Internal Compensable Revenue Report, December 31, 2017
3 Barron’s Top 100 Financial Advisors, April 2017

Approach

Discovery Process
Investing the time to learn about you and your family; your assets and liabilities and the risk exposures, enables us to formulate strategies and customize the relationship to your needs.
Formulation of Tax, Trust and Estate Strategy
Working with your tax and legal advisors, we help analyze your income and estate tax circumstances to identify and tailor planning techniques that may be used to address your objectives.
Creation of Customized Strategic Asset Allocation
Your customized asset allocation reflects risk, opportunities and taxation across multiple entities, while integrating your investing and estate plans.
Integration of Tactical Asset Allocation
Short-term adjustments seek to capitalize on temporary market distortions. Before making adjustments, we analyze the impact of taxes and trading costs on potential returns.
Implementation of a Customized Wealth Strategy
After comprehensive due diligence and analysis of expected results across multiple market scenarios, strategies are chosen from our expansive investment platform.
Ongoing Assessment
In coordination with your other advisors, we can conduct ongoing reviews and comprehensive reporting to ensure that your strategy adapts to changing financial and family needs.

Clients

Our practice is focused on working with the founders of consumer products companies (food, beverage and personal care, cosmetics, apparel, restaurant, specialty retail, e-commerce) and the founders and managing directors of leading private equity, venture capital and investment banking firms that focus on consumer products. 

Most of our clients have created substantial wealth by growing a private company, harvesting distributions and dividends, selling to a private equity firm or strategic buyer, or taking their company public. 

We serve fifty-five families and advise on over $1.7 billion of assets as of January, 2018. 
  • How We Serve Our Clients
    We manage the investments and financial planning for ultra high net worth individuals.

    We leverage intelligence and expertise from Morgan Stanley, our client networks (confidentially of course), and key advisory relationships to deliver world class expertise to help our clients preserve and grow their financial, family, and social capital.
  • What Makes Our Team Different
    We work with a small number of clients so that we can provide the highest levels of personal, tailored service.

    We are directly accountable for the decisions we make. Your interests always come first, which allows us to make unbiased decisions on your behalf.

    We have a willingness and ability to challenge conventional thinking when developing your investment strategy. We take a common sense, long-term approach that focuses on maintaining and increasing your purchasing power while limiting the risk of permanent loss of your hard-earned capital. We are investors, not consultants, and apply a conservative, repeatable, investment approach to everything we do.

Philosophy

We structure wealth and customize solutions based solely on an objective view of your needs

We align your strategy with the values that have shaped your life and constitute the core of your legacy

We act as a fiduciary and put your interests ahead of all else

We are investors, not consultants, and make decisions based on grounded investment principals

We simplify financial complexity to help you achieve clarity and control
  • Our Services
    We help our clients manage their entire balance sheet. 

    We often start working with founders while they are still illiquid and have most of their capital tied up in their business

    We have a Four Step Process for helping founders evaluate their current planning (or the lack thereof), spot critical issues and gaps , discuss improvements and implement changes 

    We are our clients “designated nags” – planning that is not executed is a waste of time.

Location

555 California Street
14th Fl
San Francisco, CA 94104
US
Direct:
(415) 576-2004(415) 576-2004

Meet The Burbank Hafeli Schiller Group

About Me

Mike is a Managing Director and Private Wealth Advisor with the Private Wealth Management division of Morgan Stanley. He leads a team that is focused on financial planning and investment management for the owners of food, beverage and consumer products companies and partners of private equity and investment banking firms.

In 2013, 2014, 2015, 2016, 2017, and 2018, Mike was recognized by the Financial Times as one of the Top 400 Financial Advisors in the United States.

Mike has 30 years Private Wealth experience and is a Certified Investment Management Analyst (CIMA®) and a CERTIFIED FINANCIAL PLANNER™ professional or CFP® professional.

Mike received a B.S. in Biology from the University of California, Santa Barbara and played for the Gaucho’s Division 1 UCSB Men’s Volleyball team. He completed the GE Management Program at Crotonville, and the Securities Industry Association Management Program at the Wharton School of Business. Mike sits on the Board of Directors of Seacology, an international conservation organization, and is a member of the Association for Corporate Growth, The Family Firm Institute, and the San Francisco Estate Planning Council. Mike lives in San Francisco, California with his wife, Cindy, and their three children.
Securities Agent: AR, AZ, CA, CO, CT, DC, DE, FL, HI, ID, IL, MA, MD, MN, NC, NJ, NV, NY, OK, OR, PA, TX, UT, VA, WA; Investment Advisor Representative; BM/Supervisor; General Securities Representative; Managed Futures
NMLS#: 1268245

About Me

Scott is a Senior Vice President Private Wealth Advisor with the Private Wealth Management division of Morgan Stanley.  Scott holds the Chartered Financial Analyst (CFA) designation and is the chief investment officer for the Burbank Hafeli Schiller Group. He manages discretionary stock and bond portfolios on behalf of clients, and oversees client asset allocation and investment manager due diligence and selection.

In 2015, 2017, and 2018, Scott was recognized by the Financial Times as one of the Top 400 Financial Advisors in the United States.

Scott began his career as an options trader at Fidelity and was an analyst at Hambrecht & Quist before becoming a Private Wealth Advisor at UBS.  Scott and Mike began their partnership in 2003 while at UBS.

Scott received a BA from the University of Utah.  He lives in Maryland with his wife, Aimee, and their twin children, and commutes regularly to Morgan Stanley’s San Francisco office.
Securities Agent: AZ, CA, CO, CT, DC, DE, FL, HI, ID, IL, MA, MD, MN, NC, NJ, NV, NY, OK, OR, PA, TX, UT, VA, WA; Investment Advisor Representative; General Securities Representative
NMLS#: 1261955

About Me

Zack is a Vice President and Private Wealth Advisor with the Private Wealth Management division of Morgan Stanley. Zack is a Certified Financial Planner™ holding the CFP® designation and has primary responsibility for our financial planning practice. He also oversees third party investment managers, and assists in the management of equity and fixed income portfolios.

Zack has 18 years of Private Wealth experience. He began his career in 1998 at Bernstein Global Wealth Management where he spent nine years. In 2007 the practice moved to Merrill Lynch’s Private Banking and Investment Group. He joined the Burbank Hafeli Schiller Group in January of 2014.

Zack serves on the Board of Curry Senior Center, a primary care medical clinic located in San Francisco’s Tenderloin district offering social and housing services for underserved seniors. He also serves on the Finance Committee of Step One School in Berkeley.

Zack received a dual B.A. in economics and international relations from Boston University.  He earned his Private Pilot’s License in 2011. A fourth generation Bay Area native, Zack grew up on the Peninsula, and now resides in Berkeley with his wife, Sarah, and their two children.
Securities Agent: AR, AZ, CA, CO, CT, DC, DE, FL, HI, ID, IL, MA, MD, MN, NC, NJ, NV, NY, OK, OR, PA, TX, UT, VA, WA; Investment Advisor Representative; General Securities Representative
NMLS#: 557628
Professional Insights

Thoughts for the Week | What is Value Investing?


Economic and Market Perspectives

On the Markets

Managing Significant Wealth

  • Investment Management
  • Wealth Transfer & Philanthropy
  • Cash Management & Lending
  • Family Governance & Wealth Education
  • Lifestyle Advisory
  • Business Services
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Insights and Outcomes

Thought Leadership for our ultra high net worth clients, which contains thought-provoking articles, authored by leading experts from Morgan Stanley Family Office Resources.
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Art as An Asset

Art may play a significant role in the context of a collector's overall wealth. Generally, a collector may differentiate financial assets, including stocks, bonds and real estate, from other possessions, such as art.

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The securities/instruments, investments and investment strategies discussed on this website may not be suitable for all investors. The appropriateness of a particular investment or investment strategy will depend on an investor's individual circumstances and objectives. The views and opinions expressed on this website may not necessarily reflect those of Morgan Stanley Smith Barney LLC (“Morgan Stanley”). This website and its associated content are intended for U.S. residents only.

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