Phone:
(201) 712-4096(201) 712-4096
The Fischman Azar Group at Morgan Stanley
Our Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals. We work with corporate executives and their families to help grow and preserve what they’ve spent a lifetime working towards.
Our Story and Services
The Fischman Azar Group is known as of one of the top teams in the country managing over $511 Million* in client assets. The team has been coveted for their elite service model of comprehensive quarterly reviews, monthly financial planning calls, and weekly commentary around the financial markets.
The team’s senior advisor, Alexander Fischman, has been ranked by Forbes 4 times, most recently in 2025, being ranked #11th in New Jersey in Forbes' Top-Next Gen Wealth Advisors Best-In-State list. Shalom Azar was also listed on the 2025 Forbes Top-Next Gen list ranked #9 making his third appearance.
Internally, Shalom Azar and Alexander Fischman were named Executive Directors in Morgan Stanley in January 2025. Alexander was also named to Morgan Stanley's Master's Club which is an elite group of top Morgan Stanley Financial Advisors. Alexander was selected to join this prestigious group in 2024. In addition to demonstrating leadership through best practices of wealth management, this accolade recognizes Alexander’s consistent excellence in providing a wide range of investment products and wealth management services to clients.
Alexander states, "our team purposefully limits our number of clients so that we can provide the attentive and detailed service that significant wealth demands and deserves. We have the privilege of advising clients in virtually all areas of financial strategy, including concentrated stock management, asset and liability management, trust and estate planning strategies, retirement planning services, and access to cash management and lending solutions."
From an individual standpoint, we work with C-Suite Executives & Senior Management of publicly traded companies providing them with strategies for managing their concentrated stock positions. This includes estate planning strategies, legacy formation & transfer, and providing lending and liquidity options.
*as of March 2024
Disclaimers:
2018-2024 Forbes America’s Top Next-Gen Wealth Advisors & Top Next-Gen Wealth Advisors Best-in-State (formerly referred to as Forbes America's Top Next-Gen Wealth Advisors, Forbes Top 1,000 Next-Gen Wealth Advisors, Forbes Top 500 Next Generation Wealth Advisors)
Source: Forbes.com (Awarded 2018-2024). Data compiled by SHOOK Research LLC based on 12-month period concluding in March of the year the award was issued.
Morgan 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.
Workplace Advisor - Equity Compensation
• Owning equity in the company you work for makes you more than an employee, it makes you a shareholder. Our clients understand that decisions they make around company stock and options are some of the most consequential they'll face in their financial life. We are part of a small group of Morgan Stanley advisors that have earned the designation of Workplace Advisor - Equity Compensation. Our team has trained for and experienced these complex issues and are equipped with the tools and resources necessary to construct a robust equity compensation strategy.
The team’s senior advisor, Alexander Fischman, has been ranked by Forbes 4 times, most recently in 2025, being ranked #11th in New Jersey in Forbes' Top-Next Gen Wealth Advisors Best-In-State list. Shalom Azar was also listed on the 2025 Forbes Top-Next Gen list ranked #9 making his third appearance.
Internally, Shalom Azar and Alexander Fischman were named Executive Directors in Morgan Stanley in January 2025. Alexander was also named to Morgan Stanley's Master's Club which is an elite group of top Morgan Stanley Financial Advisors. Alexander was selected to join this prestigious group in 2024. In addition to demonstrating leadership through best practices of wealth management, this accolade recognizes Alexander’s consistent excellence in providing a wide range of investment products and wealth management services to clients.
Alexander states, "our team purposefully limits our number of clients so that we can provide the attentive and detailed service that significant wealth demands and deserves. We have the privilege of advising clients in virtually all areas of financial strategy, including concentrated stock management, asset and liability management, trust and estate planning strategies, retirement planning services, and access to cash management and lending solutions."
From an individual standpoint, we work with C-Suite Executives & Senior Management of publicly traded companies providing them with strategies for managing their concentrated stock positions. This includes estate planning strategies, legacy formation & transfer, and providing lending and liquidity options.
*as of March 2024
Disclaimers:
2018-2024 Forbes America’s Top Next-Gen Wealth Advisors & Top Next-Gen Wealth Advisors Best-in-State (formerly referred to as Forbes America's Top Next-Gen Wealth Advisors, Forbes Top 1,000 Next-Gen Wealth Advisors, Forbes Top 500 Next Generation Wealth Advisors)
Source: Forbes.com (Awarded 2018-2024). Data compiled by SHOOK Research LLC based on 12-month period concluding in March of the year the award was issued.
Morgan 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.
Workplace Advisor - Equity Compensation
• Owning equity in the company you work for makes you more than an employee, it makes you a shareholder. Our clients understand that decisions they make around company stock and options are some of the most consequential they'll face in their financial life. We are part of a small group of Morgan Stanley advisors that have earned the designation of Workplace Advisor - Equity Compensation. Our team has trained for and experienced these complex issues and are equipped with the tools and resources necessary to construct a robust equity compensation strategy.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Meet the Team
Alexander Fischman
Sandy began his career during Financial Crisis, shaping his investment philosophy of 'principal preservation.' After making the move to Merrill Lynch in 2015 from a regional broker-dealer, he had a vision of how he wanted to build his practice and founded The Fischman Group. The success and growth of the group is attributed to the emphasis placed on Financial Planning and seeking to provide a 'family office' feel for the retail client with a world-class service model. In 2019 Sandy began working with Shalom when he started at Merrill Lynch creating the Fischman Azar Group and together they moved to Morgan Stanley in 2021. Sandy assists clients with strategic financial recommendations that are customized to each individual.
Sandy has extensive knowledge in stock compensation strategies, corporate benefits and customized wealth planning. He focuses on all aspects of Wealth Management with a deep understanding of corporate stock award compensation. He will review each client's needs with respect to financial strategy, estate planning services, wealth transfer, insurance, educational planning, lending needs and retirement lifestyle requirements. Sandy has been recognized recently by the biggest publications in finance. In 2023 Sandy was awarded by Forbes as "Top Next Generation wealth Advisor" In 2024 Forbes awarded the Fischman Azar Group as a "Best In State Wealth Management Team" Sandy resides in NJ with his wife Rebecca and their 4 children.
Shalom Azar
Shalom is a Financial Advisor who began his career at Meryl Lynch, shaping his investment philosophy. After making the move from Merrill Lynch in 2021, he had a vision of how he wanted to build his practice and founded The Fischman Azar Group with Alexander Fischman. The success and growth of the group is attributed to the emphasis placed on Financial Planning and the 'boutique office' feel for the retail client with a world class service model.
The Fischman Azar Group works with Senior Executives at publicly traded companies and focuses on tax efficient strategies around executive compensation. The team also assists in advising clients around trust and estate planning strategies, legacy formation and transfer, education planning, and providing various lending and liquidity options. Recently the Fischman Azar Group was named to the 2024 Forbes 'Best-in-State Wealth Management Teams.' Given all of Shaloms' accomplishments, he has been recognized industry wide as a top practitioner by Forbes. Most recently, in 2023, Shalom was named to the firm's prestigious Century Club, an elite group composed of the Firm's top Financial Advisors.
Tomer Mizrahi
Tomer Mizrahi is a Financial Advisor for The Fishman Azar Group. Tomer is committed to helping his clients achieve their financial goals by using a customized approach, specifically tailored to each of his client's needs.
Tomer provides his clients with quality service by specifically focusing on equity compensation management, financial planning, estate planning strategies, education planning and overall wealth management. Tomer graduated from Rutgers University with a bachelor's in finance. Originally from Teaneck, New Jersey, Tomer currently resides in Upper East Side Manhattan and enjoys surfing, skiing, and spending time with his friends and family.
Solomon Tobal
Solomon Tobal is a Financial Advisor for The Fischman Azar Group. Using his experience in relationship management, Solomon hopes to ensure that his client's financial goals are using a customized strategy tailored to their specific needs.
Prior to joining the Fischman Azar Group, Solomon specialized in Pre-IPO investments & was a top performer at Vessel Capital Partners. Solomon currently resides in Staten Island, NY and enjoys golfing and skiing in his spare time.
Nicholas Iarrapino
Nick is a Financial Planning Associate for The Fischman Azar Group. Using his experience in relationship management, Nick hopes to ensure that his client's financial goals and administrative needs are met.
Nick currently resides in Edison, NJ. He graduated from Rutgers University where he majored in Finance with a minor in Psychology. In his time at Rutgers, Nick was a part of the Rutgers Crew team and member of the Zeta Beta Tau fraternity. Nick is an active mentor for the Saint Joseph High School rowing team, and enjoys going to the gym, golfing, and volunteering. Nick started his career at Merrill Edge where he was an Investment Specialist.
Location
61 South Paramus Road
1st floor
Paramus, NJ 07652
US
Direct:
(201) 712-4096(201) 712-4096
Meet The Fischman Azar Group
Phone:
(201) 414-8902(201) 414-8902
Phone:
(201) 712-4099(201) 712-4099
Phone:
(201) 712-4087(201) 712-4087
Nicholas Iarrapino
Financial Planning Associate
Phone:
(201) 291-4946(201) 291-4946
About Alexander Fischman
Securities Agent: MT, CT, NY, MD, IN, AR, IA, WA, NV, MA, DC, CO, VT, OR, NH, MO, ME, AL, RI, NJ, KY, IL, FL, WY, OH, NM, MI, AZ, TX, MN, KS, UT, LA, CA, VA, PR, MS, GA, WI, TN, SC, PA, ID, DE, OK, NC; General Securities Representative; Investment Advisor Representative
NMLS#: 1606372
NMLS#: 1606372
About Shalom Azar
Securities Agent: WV, AK, WY, WA, VT, VA, UT, TX, TN, RI, PR, PA, OK, OH, NY, NM, NJ, NH, NE, NC, MS, MO, MI, ME, MD, MA, LA, KY, KS, IN, IL, ID, IA, MN, HI, GA, FL, DE, DC, CT, CO, NV, CA, AZ, AR, OR, AL, MT, ND, SC, WI, SD, VI; General Securities Representative; Investment Advisor Representative
NMLS#: 1866998
NMLS#: 1866998
About Tomer Mizrahi
Securities Agent: SC, PA, NV, CA, VA, MI, MD, LA, MN, CO, WA, MS, MO, GA, MA, IL, FL, AZ, NY, NC, CT, IN, NM, ME, AR, NJ, KS, IA, RI, DC, TX; General Securities Representative; Investment Advisor Representative
NMLS#: 2449573
NMLS#: 2449573
About Solomon Tobal
Securities Agent: MD, GA, OH, NC, FL, WA, NJ, CT, CO, TX, TN, NE, MI, ID, UT, PA, IN, IL, MO, AZ, VA, NY, CA, NV, MA, KY; General Securities Representative; Investment Advisor Representative
NMLS#: 2570574
NMLS#: 2570574
Contact Alexander Fischman
Contact Shalom Azar
Contact Tomer Mizrahi
Contact Solomon Tobal
The Power of Partnerships
By partnering with experienced individuals across wealth disciplines, Morgan Stanley Financial Advisors can align specialized resources with your custom needs and deliver strategic guidance through the familiarity and trust of existing relationships
Adam Guralnick
Private Banker
Rick Marx, CFP®
Financial Planning Director, Vice President
Mary Beth Powers
Trust Specialist
About Adam Guralnick
Adam Guralnick is a Private Banker serving Morgan Stanley Wealth Management offices in New Jersey.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Adam began his career in financial services in 2002, and joined Morgan Stanley in 2021 as an Associate Private Banker. Prior to joining the firm, he was a Wealth Management Banker at UBS. He also served as a UHNW Associate Private Banker at Citi Private Bank and a Merrill Lynch Banking Advisor.
Adam is a graduate of the University at Buffalo, where he received a Bachelor of Arts in Communication and a Master of Arts in Informatics. He lives in Livingston, New Jersey with his family. Outside of the office, Adam enjoys traveling, sports, and spending time with his family.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Adam began his career in financial services in 2002, and joined Morgan Stanley in 2021 as an Associate Private Banker. Prior to joining the firm, he was a Wealth Management Banker at UBS. He also served as a UHNW Associate Private Banker at Citi Private Bank and a Merrill Lynch Banking Advisor.
Adam is a graduate of the University at Buffalo, where he received a Bachelor of Arts in Communication and a Master of Arts in Informatics. He lives in Livingston, New Jersey with his family. Outside of the office, Adam enjoys traveling, sports, and spending time with his family.
NMLS#: 1114313
About Rick Marx
Rick Marx is a Vice President and Financial Planning Director serving Morgan Stanley’s Wealth Management offices in Northern New Jersey. He is responsible for helping Financial Advisors with their clients' and prospects' financial planning needs.
Rick began his career in financial services in 2007 and joined Morgan Stanley in 2022. Prior to his current position, he was a Financial Advisor at JP Morgan Chase in New York City as well as a Financial Consulting Director for TIAA also in New York City.
Rick graduated from Hunter College and holds both the Certified Financial Planner™
and the Chartered Financial Consultant® designations. He lives in New Jersey with his wife Gloria and son Dean. Outside of work, Rick enjoys playing guitar, reading, cooking and spending time with his family
Rick began his career in financial services in 2007 and joined Morgan Stanley in 2022. Prior to his current position, he was a Financial Advisor at JP Morgan Chase in New York City as well as a Financial Consulting Director for TIAA also in New York City.
Rick graduated from Hunter College and holds both the Certified Financial Planner™
and the Chartered Financial Consultant® designations. He lives in New Jersey with his wife Gloria and son Dean. Outside of work, Rick enjoys playing guitar, reading, cooking and spending time with his family
About Mary Beth Powers
Mary Beth Powers is Executive Director and Trust Specialist for Morgan Stanley covering the New York Metro region, responsible for presenting Morgan Stanley’s third-party trustee partner platform to Morgan Stanley Wealth Management Financial Advisors, clients and prospects. Leveraging the capabilities of our trust company partners, Mary Beth assists to identify appropriate fiduciary solutions, which are essential to the management, preservation and transfer of accumulated wealth. This process includes coordination with the client’s financial, legal and tax advisors to ensure proper trust planning implementation.
Mary Beth has worked in the trust and estate services industry for over thirty years, primarily handling trust new business opportunities. Before joining Morgan Stanley, Mary Beth spent ten years as a senior vice president and regional trust specialist with Citigroup Trust in NYC.
Mary Beth received a Bachelor of Science from Seton Hall University, South Orange, New Jersey and is Series 7 and 63 licensed. She resides with her husband and family in Blauvelt, New York.
Mary Beth has worked in the trust and estate services industry for over thirty years, primarily handling trust new business opportunities. Before joining Morgan Stanley, Mary Beth spent ten years as a senior vice president and regional trust specialist with Citigroup Trust in NYC.
Mary Beth received a Bachelor of Science from Seton Hall University, South Orange, New Jersey and is Series 7 and 63 licensed. She resides with her husband and family in Blauvelt, New York.
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?
Article Image
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
Article Image
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 The Fischman Azar Group today.
1When 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.
2Morgan 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.
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
2Morgan 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.
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)
