Doug Deaton
Senior Vice President, Financial Advisor, Senior Portfolio Manager, Alternative Investments Director, Insurance Planning Director
Phone:
(512) 633-9281(512) 633-9281
The Deaton Group at Morgan Stanley
Our Mission Statement
To be our clients most trusted business and financial advisors
Our Story and Services
For the past 20 years we have been working with family offices, entrepreneurs, founders, and business owners with significant wealth. As our clients and their businesses have grown so has the complexity of solutions required to meet their financial needs. Our focus has always been delivering Morgan Stanley's 'fully integrated' firm, embodying the banks founding principles of "Putting Clients First" and "Leading with Exceptional Ideas."
Wealth management has evolved significantly over the past 25 years, and the financial services industry often overlooks the unique needs of entrepreneurs, wealth creators, and founders. At Morgan Stanley, we are in a 'Category of One,' with an 85-year legacy of advising and partnering with some of the most successful entrepreneurs and families in the US. And that legacy hasn't changed, our clients still rely on us for access to capital and opportunities, trusted advice on the structure and implementation of the implications to overall allocation of assets.
What We Do
Through our experience, we can deliver the full capabilities of Morgan Stanley's global investment bank and wealth management platform. We provide access, we advise, and we allocate capital.
- Access: We provide growth capital, bespoke credit, thought leadership, and execution.
- Advice: Our services include capital markets, M&A advisory, wealth management, tax mitigation, family office, wealth education, trust and estate services, and philanthropy.
- Allocate: We manage assets and liabilities, asset location, and wealth transfer.
Our clients that we serve come from diverse industries. Common themes among our clients include tax mitigation, customized liquidity and credit solutions, wealth management, direct access to private investment opportunities, risk management.
Advising our clients on intentional legacy and estate planning is an important part of our practice. Our goal is to be our clients most essential advisors and advocates, meeting their unique needs and guiding them through decisions of consequence.
We meet in 1991 during our sophomore year at Texas Tech University and have been married for 30 years and have four grown children. For more on us, see our bios.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Wealth Management
No matter where you are in financial life or the level of complexity of your estate, the Deaton Group and Morgan Stanley have the experience, the resources, and platform to assist you and your family in creating and implementing wealth strategies in tax mitigation, estate planning, wealth transfer, and risk management.
Wealth & Financial Planning
Drawing on our own experience and the vast resources of our Firm, we help you create and maintain a comprehensive wealth management plan that addresses the specific goals you have for your family, your business, your community, and your greater legacy.
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Tax, Trust & Estate Planning
Working closely with your estate attorney, your CPA and experts from our Family Office Resources group, we review your trust and estate plans to identify opportunities for greater tax efficiency and better alignment with your multigenerational goals.
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Pre/Post Liquidity Planning
Having advised dozens of entrepreneurs and business owners through the process of monetizing their enterprises, we offer an experienced perspective on income tax and transfer tax planning opportunities, and on when specific measures need to be taken.
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Outsourced Chief Investment Office
An outsourced chief investment office, or OCIO, acts as an in-house chief investment officer, connecting you with personalized institutional investment experience and a dedicate support staff.
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Private Market Transactions
Private market investing enables eligible investors to access attractive companies before they are publicly available making you a part of their story.
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Tax Efficient Investing
We employ sophisticated strategies designed to reduce your current tax liability and increase your after-tax return in accordance with your tax mandate. The Tax Management Team assist in designing, creating, and analyzing a tax efficient advisory solution for tax sensitive clients.
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Management of Concentrated Positions
We can assist with sales of restricted, control, and concentrated positions, gifting of restricted or control stock, securities-based loans using eligible restricted and control stock as collateral, and 10b5-1 trading plans.
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Workplace Solutions
Partnering with Morgan Stanley’s Workplace Solutions team, we offer our corporate clients and their employees support throughout their journeys from private to public entities. Our holistic financial workplace benefit solutions include: Cap Table Management, Private Market Liquidity, Retirement Solutions, Financial Wellness & Education, Stock Plan Administration, Executive Financial Services, and Non-Qualified Deferred Compensation.
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Philanthropy
We provide access to the consultative guidance needed to help you define your philanthropic objectives and maximize the impact of your giving. This includes donor advised funds, a tax-advantage way to support nonprofit organizations.
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Corporate Trustee
Our Trust Services platform provides access to third-party corporate trustees who can serve as trustee, co-trustee or successor trustee for their trust account. Working together with our Trust Specialists, we can also help you select an appropriate corporate trustee for specific trust documents and estate planning initiatives.
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Insured Solutions
We offer a robust suite of insurance and annuities solutions as well as strategic partnership to help mitigate and manage risks when the unexpected occurs.
Morgan Stanley Family Office Resources
We offer an expansive suite of highly specialized resources to address the complex, multifaceted challenges of managing significant wealth so clients may make complicated decisions confidently.
The term “Family Office Resources” is being used as a term of art and not to imply that Morgan Stanley and/or its employees are acting as a family office pursuant to Investment Advisers Act of 1940.
Learn MoreThe term “Family Office Resources” is being used as a term of art and not to imply that Morgan Stanley and/or its employees are acting as a family office pursuant to Investment Advisers Act of 1940.
Private Banking
We provide introductions to Private Bankers to explore customized borrowing options designed to further your objectives. These include investing in a business, acquiring real estate, addressing potential tax obligations, or simply having a source of additional general funding.
Morgan Stanley Private Bank, National Association, and Morgan Stanley Bank, N.A. are affiliates of Morgan Stanley Smith Barney LLC, and are each a Member FDIC that is primarily regulated by the Office of the Comptroller of the Currency.
Morgan Stanley Private Bank, National Association, and Morgan Stanley Bank, N.A. are affiliates of Morgan Stanley Smith Barney LLC, and are each a Member FDIC that is primarily regulated by the Office of the Comptroller of the Currency.
Alternative Investments
Our platform provides access to an array of over 180 funds, both third-party and proprietary offerings. It offers first look and exclusive access to funds that may otherwise only be available to institutional investors.
Alternative investments are often speculative and include a high degree of risk. Investors can lose all or a substantial amount of their investment. They may be highly illiquid, can engage in leverage, short-selling and other speculative practices that may increase volatility and the risk of loss, and may be subject to large investment minimums and initial lock-ups. They may involve complex tax structures, tax inefficient investing and delays in distributing important tax information. They may have higher fees and expenses that traditional investments, and such fees and expenses can lower the returns achieved by investors.
Learn MoreAlternative investments are often speculative and include a high degree of risk. Investors can lose all or a substantial amount of their investment. They may be highly illiquid, can engage in leverage, short-selling and other speculative practices that may increase volatility and the risk of loss, and may be subject to large investment minimums and initial lock-ups. They may involve complex tax structures, tax inefficient investing and delays in distributing important tax information. They may have higher fees and expenses that traditional investments, and such fees and expenses can lower the returns achieved by investors.
Location
301 Congress Avenue
Suite 1400
Austin, TX 78701
US
Meet The Deaton Group
Rachel Deaton
Financial Advisor, Insurance Planning Director
Phone:
(737) 742-1842(737) 742-1842
Patty Brueckner
Senior Registered Client Service Associate
Phone:
(512) 370-0481(512) 370-0481
About Doug Deaton
With over 20 years of experience as a financial and business advisor, I specialize in working with entrepreneurs and founders who have significant wealth. My expertise stems from my successful career as an entrepreneur in the healthcare and energy sectors, as well as my roles as an M&A advisor, corporate development executive, and family office executive.
Wealth management has evolved significantly over the past 25 years, and the financial services industry often overlooks the unique needs of entrepreneurs, wealth creators, and founders. At Morgan Stanley, we are in a ‘Category of One,’ with an 85-year legacy of advising and partnering with some of the most successful entrepreneurs and families in the US. And that legacy hasn’t changed, our clients still rely on us for access to capital and opportunities, trusted advice on the structure and implementation of the implications to overall allocation of assets.
On a personal note, my wife Rachel and I live in downtown Austin, Texas, and enjoy all that the city has to offer. However, our true passion is spending time with our four kids, preferably in the mountains of Colorado and Montana. We are both active at Rawls School of Business at Texas Tech University and are crazy fans of everything Texas Tech and West Texas.
Wealth management has evolved significantly over the past 25 years, and the financial services industry often overlooks the unique needs of entrepreneurs, wealth creators, and founders. At Morgan Stanley, we are in a ‘Category of One,’ with an 85-year legacy of advising and partnering with some of the most successful entrepreneurs and families in the US. And that legacy hasn’t changed, our clients still rely on us for access to capital and opportunities, trusted advice on the structure and implementation of the implications to overall allocation of assets.
On a personal note, my wife Rachel and I live in downtown Austin, Texas, and enjoy all that the city has to offer. However, our true passion is spending time with our four kids, preferably in the mountains of Colorado and Montana. We are both active at Rawls School of Business at Texas Tech University and are crazy fans of everything Texas Tech and West Texas.
Securities Agent: LA, CA, IL, TX, NY, NJ, IN, DE, MT, FL, NC, KS, CO, AR, OK; General Securities Representative; Investment Advisor Representative
NMLS#: 1857665
NMLS#: 1857665
About Rachel Deaton
What ultimately drew me to financial services was the opportunity to make a meaningful impact in others' lives and the ability to work with my husband, Doug.
Being at Morgan Stanley allows us to advise clients on decisions of meaningful consequence and guiding them to be intentional with their legacy and good stewards of their wealth. At Morgan Stanley, we are in a 'Category of One,' with an 85-year legacy of advising and partnering with some of the most successful entrepreneurs and families in the US.
And that legacy hasn't changed and is carried on by us at The Deaton Group. Our clients rely on us for access to capital and opportunities, trusted advice on the structure and implementation, as well as the implications, to the overall allocation of assets.
Prior to joining Morgan Stanley, I had a broad range of project management and business development experience outside the finance world: starting businesses with my husband, implementing a recruiting program for a public company, working in privately held companies, art consultancy, and in setting up a family office. I also worked with several nonprofit organizations over the years and not to mention was a heck of a good school room mom year after year.
I met Doug my sophomore year of college at Texas Tech and have been married 30 years this year. We have four really cool children and two French bulldogs. I love living in downtown Austin, lingering in the Texas Hill Country at the vineyards, and hanging out with my family in Colorado and Montana. And I won't turn down a good documentary or chance to go to a farmer's market to meet local farmers.
NMLS# 2172891
Being at Morgan Stanley allows us to advise clients on decisions of meaningful consequence and guiding them to be intentional with their legacy and good stewards of their wealth. At Morgan Stanley, we are in a 'Category of One,' with an 85-year legacy of advising and partnering with some of the most successful entrepreneurs and families in the US.
And that legacy hasn't changed and is carried on by us at The Deaton Group. Our clients rely on us for access to capital and opportunities, trusted advice on the structure and implementation, as well as the implications, to the overall allocation of assets.
Prior to joining Morgan Stanley, I had a broad range of project management and business development experience outside the finance world: starting businesses with my husband, implementing a recruiting program for a public company, working in privately held companies, art consultancy, and in setting up a family office. I also worked with several nonprofit organizations over the years and not to mention was a heck of a good school room mom year after year.
I met Doug my sophomore year of college at Texas Tech and have been married 30 years this year. We have four really cool children and two French bulldogs. I love living in downtown Austin, lingering in the Texas Hill Country at the vineyards, and hanging out with my family in Colorado and Montana. And I won't turn down a good documentary or chance to go to a farmer's market to meet local farmers.
NMLS# 2172891
Securities Agent: KS, TX, DE, CO, AR, MT, IL, NJ, LA, FL, OK, NC, NY, IN; General Securities Representative; Investment Advisor Representative
NMLS#: 2172891
NMLS#: 2172891
About Patty Brueckner
Anyone that knows Patty could say she joined the financial services industry by chance but made it into a lifestyle. Her passion for helping clients achieve financial success and the gratification of making a positive impact on people's daily life made Patty fall in love with wealth management in 2014.
Patty has a Bachelor of Business Administration in Cybersecurity from the University of Texas at San Antonio, an AA in Business Administration and an AS in Economics from Austin Community College. Currently, Patty holds both her Series 7 and 66 licenses. Patty is fluent in English, Spanish and German. She also has a good understanding of Italian, French and Portuguese; languages are clearly a passion of hers! Patty worked in retail banking, going from teller to banker in 4 short years, she then joined a financial services firm where she spent the next four years working in both Retirement Services and Equity compensation. In 2022, she joined Morgan Stanley as a Senior Registered Client Service Associate.
Patty was born in Cuba and has been living in the Austin, TX area since 2014. Prior to moving to Austin, Patty and her husband Scott lived in Germany and took advantage of every opportunity to travel. They enjoy discussing macroeconomic events and their potential impact on the world around us. Outside of work, Patty enjoys waterskiing, synchronized swimming, golf, tennis, traveling and helping her family get integrated to the local vibe as they moved from Cuba in 2023. She has a beautiful Persian Chinchilla cat (the Bond kitty) named Angel that was adopted in August of 2020.
Patty has a Bachelor of Business Administration in Cybersecurity from the University of Texas at San Antonio, an AA in Business Administration and an AS in Economics from Austin Community College. Currently, Patty holds both her Series 7 and 66 licenses. Patty is fluent in English, Spanish and German. She also has a good understanding of Italian, French and Portuguese; languages are clearly a passion of hers! Patty worked in retail banking, going from teller to banker in 4 short years, she then joined a financial services firm where she spent the next four years working in both Retirement Services and Equity compensation. In 2022, she joined Morgan Stanley as a Senior Registered Client Service Associate.
Patty was born in Cuba and has been living in the Austin, TX area since 2014. Prior to moving to Austin, Patty and her husband Scott lived in Germany and took advantage of every opportunity to travel. They enjoy discussing macroeconomic events and their potential impact on the world around us. Outside of work, Patty enjoys waterskiing, synchronized swimming, golf, tennis, traveling and helping her family get integrated to the local vibe as they moved from Cuba in 2023. She has a beautiful Persian Chinchilla cat (the Bond kitty) named Angel that was adopted in August of 2020.
Contact Doug Deaton
Contact Rachel Deaton
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?
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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
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Ready to start a conversation? Contact The Deaton Group 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)
