Welcome

A Holistic, Relationship-Driven Approach to Wealth ManagementWe are The Davis/Yost Group at Morgan Stanley Private Wealth Management and have multiple decades of banking, business and investment experience. We provide executive and corporate services, access to  cash management and family office services. We believe there is more to wealth planning than investment advice, so we take an integrated, holistic approach in helping you meet your needs and goals.Each member of our team has an area of focus. Collectively, we have deep experience in financial and estate planning strategies, senior corporate relationship management, commercial and private banking, investment advisory and concierge level client service. By combining our individual talents into a cohesive team, we seek to provide our clients with comprehensive, custom-tailored solutions.As a Morgan Stanley Private Wealth Management team, we also have access to, and know how to use, the power and extensive resources of one of the world’s preeminent global financial services firms. This means that our recommendations are grounded by a broader global perspective and backed by the latest advanced planning strategies and concepts.We are unfailingly committed to the clients we serve and bring true passion to every relationship we have. We look forward to hearing about your aspirations and demonstrating how we can help you reach them.When you work with our team, it all begins with you.
Capabilities
  • Comprehensive Wealth Planning
  • Investment Management
  • Sustainable & Responsible Investing
  • Philanthropy Management
  • Family Governance & Wealth Education
  • Retirement & Pension Plans
  • 10b5-(1) Programs
  • Pre-Liquidity Planning
  • Open-Architecture Platform
  • Manager Selection
  • Hedging Strategies
  • Corporate Stock Plans
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*

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.

Philosophy

Our business is built around a single promise to our clients, “whatever we do it’s always about you.” Our success stems from our ability to listen and our understanding that no matter what unique need you have, we will find a solution. Our mission to serve you is based on three principles: trust, integrity and confidentiality. These serve as our compass, guiding every effort we make on behalf of our clients.

Our distinctive process allows us to address both sides of the balance sheet – assets and liabilities. This includes cash management, brokerage and multi-disciplined wealth planning solutions, executive financial services for C-suite officers of publicly traded companies and the companies themselves, as well as family office services.

We will always have your best interest at heart, serving as your advocate in any business arrangement and your stewards for any and all of your wealth management needs. It all begins with you.

    Clients

    Family Office Services
    -Philanthropic services
    -Aggregating reporting
    -Lifestyle and health advisory
    -Personal security
    -Family governance and dynamics advisory
    -Educational programs

    Wealth Management for UHNW individuals, Families and their Company’s and Foundations
    -Brokerage and investment advisory services
    -Exclusive Co-investment opportunities
    -Retirement plan services
    -Alternative investments
    -MS proprietary investment opportunities
    -Trust, Estate & Legacy planning

    Banking and Lending
    -Real Estate financing, commercial and home loans (on balance sheet and CMBS)
    -Securities based lending
    -Access to comprehensive tailored lending solutions
    -Cash management services
    -Finance of art, aircraft and sports teams

    Investment Banking
    -Capital raising
    -Corporate lending
    -Financial advisory services, including advice on mergers and acquisitions, restructurings, project finance
    -Merchant banking
    -Hedging strategies for commodity, currency and interest rate risk

      Location

      200 Crescent Court
      Suite 900
      Dallas, TX 75201
      US
      Direct:
      (214) 661-7022(214) 661-7022

      Meet The Davis/Yost Group

      About Me

      The senior member of our team, Scott Davis draws on over 35 years of experience as a business owner and Private Wealth Advisor. Scott serves as a Corporate Client Group Director, focusing on corporate transactions, cash management issues and executive financial services. His primary focus is on helping C-suite corporate executives manage the complex regulatory issues inherent in managing restricted and concentrated stock positions, including Rule 144 issues associated with selling, hedging and implementing 10b5-1 plans. Scott has extensive experience helping clients borrow against restricted securities and with other corporate services. He has also participated in many corporate transactions by working with the firm’s investment bankers. As a designated International Client Advisor, Scott addresses the unique needs of the team’s nonresident clients and their businesses.

      Having built and maintained productive, long-term relationships with highly successful business people, Scott is familiar with the complex multigenerational challenges that tend to accompany significant wealth. He works to understand each client’s unique needs and develops plans to successfully address those requirements. Alongside fellow members of The Davis/Yost team, Scott serves as an advocate for his clients. Instead of just taking the company line, he puts himself on the clients’ side of the table, helping them get the best value from the firm. This unwavering advocacy for clients is one of the tangible characteristics that sets the team apart.
      Scott learned that it was “all about the client” as a teenager, working with his father in their family oil service business. It was a lesson he has never forgotten.

      Happily married for over 35 years with three grown children, Scott and his wife live in Dallas. He believes that it’s important to give back to the community, both financially and by rolling up his sleeves and getting to work. Scott serves as a board member of the Retina Foundation of the Southwest, an advisory board member and past president of Family Compass and trustee for the All Stars Development School for Youth. He also works closely with the founder of shatterproof.org to advance their mission. As a serious food enthusiast, he especially enjoys cooking.


       

       

       

       

       

       

       

       


      Series 7, Series 65, Series 63, Series 31 Licenses
      Securities Agent: TX, WA, VA, UT, TN, RI, PA, OK, OH, NY, NV, NM, NJ, NH, NC, MS, MO, MN, ME, MD, MA, LA, KS, IN, IL, IA, FL, CO, CA, AZ, AR, AL; Managed Futures; General Securities Representative; Investment Advisor Representative
      NMLS#: 1261932

      About Me

      A 30-year financial industry veteran, David Yost provides wealth management services to family offices, high net worth individuals and corporate clients. David is a CERTIFIED FINANCIAL PLANNER™ practitioner. He is the co-founder of The Davis/Yost Group at Morgan Stanley Private Wealth Management. David is the team manager and financial planning specialist. David focuses on comprehensive wealth planning, philanthropic planning and family office services.  He is recognized as a Private Wealth Advisor within Morgan Stanley Private Wealth Management, representing a small group of financial advisors who work with affluent families.

      David is involved in a number of community and charitable organizations. He currently serves on the Board of the Dallas American Red Cross and the Catholic Foundation Advisory Council. He is a past board member of the American Heart Association and Launchability. David and his wife Mary reside in the Turtle Creek area of Dallas. During his leisure, David enjoys fly fishing, golf, traveling and the arts. David trains for Ironman triathlons and has completed the Boston Marathon and Escape from Alcatraz Triathlon.







      Series 7, Series 63, Series 3 Licenses
      Securities Agent: TX, WA, VA, TN, RI, PA, OH, NY, NC, MS, MD, LA, KS, IL, FL, CO, CA; Managed Futures; General Securities Representative; Investment Advisor Representative
      NMLS#: 1275650

      About Me

      Drawing on over 25 years of experience in the financial services business, David Cary assists entrepreneurial families with the building and exiting of their businesses; responsible management of their philanthropic efforts; and creative strategies to amplify their impact by blending business and philanthropic strategies, what David refers to as “amplifying your heart.” As part of his marketing and business development efforts, David creates mutually beneficial relationships for his clients and contacts, and produces articles on a variety of financial topics.

      The first in his family to graduate college, David grew up in Norman, Oklahoma, and obtained an undergraduate degree in accounting from the University of Oklahoma. He went on to earn an MBA in finance from the University of Texas at Dallas. David began his career as the first full-time accounting employee of a startup computer software retailer, which pioneered the computer superstore concept and eventually went public. David assisted with the due diligence for the IPO before leaving to join Shearson Lehman Brothers, which later became part of Morgan Stanley.

      David and his wife, Valerie, have been married since 1987 and have three grown children – a CPA, a software engineer and a college student. Their middle child has experienced two heart transplants and cancer, so David speaks and writes about surviving and appreciating life’s challenges. David has served in a variety of roles with charitable organizations and is currently focused on helping nonprofits of all sorts achieve greater impact through better alignment of resources. He enjoys travel, snow skiing, exercising, not exercising, reading, writing, cooking and not cleaning the kitchen afterwards.









      Series 7, Series 3, Series 63, Series 65
      Securities Agent: TX, OK, VA, OH, NJ, NC, GA, FL, CO, CA; Managed Futures; Transactional Futures/Commodities; General Securities Representative; Investment Advisor Representative
      NMLS#: 1368472

      About Me

      A member of the Davis/Yost Group at Morgan Stanley since 2014, Ben Jackson develops and manages highly customized portfolios based on each client’s specific goals, preferences and personality. Ben is a CFA® charterholder who follows a highly disciplined investment process, combining timeless fundamental principles and the opportunistic insights of Morgan Stanley’s research.

      After graduating from Stephen F. Austin State University with a BBA in Finance, Ben began his professional career in New York in 2006. He got a firsthand look at how Wall Street works as part of a capital-raising initiative for a Texas-based oil and gas company. Ben moved back to Texas in 2010, transitioning into wealth management with Merrill Lynch in Dallas.

      Ben is a member of Gateway Church, a Sigma Chi alumnus and volunteers at the North Texas Food Bank. When he’s not on the desk, Ben trains for amateur competition at George Prevalsky’s Muay Thai and Boxing Gym in Valley Ranch, and at Fortis MMA in Deep Ellum. His first boxing exhibition took place in October of 2017.
       

       

       






      Series 7, Series 66 Licenses
      Securities Agent: TX, TN, RI, PA, OR, OH, NY, NV, NH, MS, MA, KS, IL, HI, GA, CO, CA; General Securities Representative; Investment Advisor Representative

      About Me

      An 18-year financial services industry veteran, Robin Barry joined the Davis/Yost team in 2014. Robin provides essential support services to the team’s advisors in their efforts to build and maintain highly customized investment portfolios. Robin earned a B.A. in political economy from Hillsdale College and was a congressional intern in the U.S. Senate. She enjoys visiting her daughter at Texas Tech, volunteering as a Sunday school teacher at her church and participating as an active member of the National Charity League.

       

       

       

       

       

       
      Series 7, Series 6 Licenses

      About Me

      Working closely with other members of the team, Jordan Davis focuses on delivering an exceptional level of platinum service to clients of The Davis/Yost Group. Jordan is responsible for the team’s marketing and social media efforts, and for the online client experience. She is passionate about advocating on behalf of clients and strives to ensure they have the best experience possible.

      Jordan is a member of the American Red Cross DFW Young Professionals Auxiliary (YPA). The organization supports dedicated young philanthropists in efforts to directly impact lives in the Dallas Metroplex through volunteering, fundraising, and networking. She also joins her colleagues in volunteering at the North Texas Food Bank as part of an annual event sponsored by Morgan Stanley Dallas Region. Jordan is a graduate of the University of Texas at Dallas and resides in Dallas with her loving dogs, Peyton and Calamity Jane (Clammy). In her spare time, she enjoys outdoor activities, and spending time with family and friends.
      Professional Insights

      Connecting to Capital


      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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      Art as An Asset
      CRC 2274738 01/19

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      Market Information Delayed 20 Minutes
      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.

      Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice. Visitors to this website 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.

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      See the Financial Advisors Biographies for Registration and Licensing information.

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