About Us

As a mother and son team, we are a Family working with Families. Our team offers a breadth of talent and a wide range of skills when it comes to guiding Families’ private wealth management solutions.

We focus on the 3 P’s: Process, Philosophy and Planning. We have created and refined our unique process over the more than 3 decades we have been in the industry. We use a planning based investment solutions platform that guides our families in achieving their goals.

Whether you are seeking Portfolio Management, Estate and Retirement Planning strategies, Business Planning, or you require access to Institutional Investment solutions, we offer the guidance you seek.

With over fifty combined years of experience in the financial services industry, The Grossman Wealth Advisor Group offers you a depth and breadth of talent. We pride ourselves on the comprehensive services we offer, backed by the global resources of Morgan Stanley.
Services Include
  • 401(k) Rollovers
  • 529 Plans1
  • Estate Planning Strategies2
  • Philanthropic Services
  • Planning for Education Funding3
  • Retirement Planning4
  • Sustainable Investing5
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*

Calling Clients

We believe that our clients deserve our devoted attention. To us, our clients are more than just a number.

We make it a policy to:

Call every client 12 times per year
- 4 portfolio reviews
- 2 in person meetings when possible
Return phone calls within 2 business hours
Offer a resolution for any difficulties within 1 business day

    Community Involvement

    We believe in giving back to the community. Here are a few of the things that we are passionate about.
    Jill is active in efforts to empower women to overcome challenges and gain skills to provide for themselves and their families. Her activities involve:
    • Current Emeritus member and past President of the Board of Directors for Dress for Success Indianapolis
    • Member and past Treasurer for the Pi Beta Phi Alumni Club
    • Member of the Board of Directors for Connor Prairie Museum
    • Founder of GCGC (Grandchildren's Charitable Giving Council)
    Toby's activities include:
    • Trustee of the Sycamore School
    • Past Trustee of The Cancer Support Community and Children's Bureau
    • Sponsor and mentor of the Indiana University Little 500 cycling team Black Key Bulls

    Location

    800 East 96 St
    Ste 400
    Indianapolis, IN 46240
    US
    Direct:
    (317) 818-7349(317) 818-7349
    Toll-Free:
    (800) 336-0095(800) 336-0095

    Meet The Grossman Wealth Advisor Group

    About Me

    Jill has worked in the financial services industry since 1981 joining Morgan Stanley in 2012 where she is the senior partner of the Grossman Wealth Advisor Group. She earned a Wealth Advisor designation at a former firm signifying in depth understanding of strategies and planning for high net worth clients.

    Her focus has always been on a comprehensive approach to financial management for successful families. Using research and resources of Morgan Stanley and her decades of experience, she is able to address a range of client issues such as assisting with taxation, wealth transfer and charitable giving.

    Jill was born and grew up in Bloomington and attended Indiana University. She moved to Carmel in 1985 and resides there today with her husband, Allan Karlander. Their blended family is a great source of joy to them.

    Jill is active in efforts to empower women to overcome challenges and gain skills to provide for themselves and their families. She is the past President of the Board of Directors of Dress for Success, a Corporate Partner of the National Association of Women Business Owners, a member and past treasurer of the Indianapolis Alum Club of Pi Beta Phi, a member of the Board for Conner Prairie and supports the Women’s Fund of Central Indiana and the IU Foundation. In her leisure time she enjoys reading for professional development and pleasure, travel, sporting events and entertaining.
    Securities Agent: IN, WI, WA, VA, TX, SC, OR, OH, NM, NE, NC, MO, MN, MA, KY, IL, GA, FL, CT, CO, CA; General Securities Representative; Investment Advisor Representative

    About Me

    Toby began his financial services career in 1996 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 then  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.  Toby focuses on working with high and ultra-high net worth families and entrepreneurs. His primary focus is 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 current trustee of The Sycamore School and past trustee of The Cancer Support Community and Children’s Bureau. He is sponsor and mentor to the Little 500 cycling team Black Key Bulls at Indiana University.

    His greatest enjoyment comes from spending time with his wife Jennifer and their two children, TJ and Penelope.
    Securities Agent: IN, WI, VA, TX, SC, OR, OH, NM, NE, NC, MO, MN, MA, KY, IL, IA, HI, GA, FL, CT, CO, CA; General Securities Representative; Investment Advisor Representative

    About Me

    Cristina has been in the financial services industry since 2000, rejoining Morgan Stanley Wealth Management as a Senior Registered Associate in February 2017.  Her past experience includes over seven years with Morgan Stanley Smith Barney in Terre Haute.

    She is Series 7, 9, 10 and 66 licensed.  Her focus is on providing excellent, personalized service for the team’s clients and comprehensive support for the team behind the scenes.

    Cristina has lived the majority of her life in Indiana and recently relocated from Terre Haute to the northeast side of Indianapolis where she enjoys bicycling and walking the trails in the area.  She has three grown children and two precious granddaughters she loves spending time with whenever possible. 

    She also enjoys reading, volunteering time at Gleaner’s Food Bank and supports Dress for Success Indianapolis.
    Investment and Market Perspectives

    On the Markets

    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
    The Simple Six-Step Retirement Checkup

    The Simple Six-Step Retirement Checkup

    Given market volatility in 2018, checking in on your retirement plan may be one of the wisest New Year’s resolutions you can make.

    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
    Five Smart Strategies to Use a Bonus or Raise

    Five Smart Strategies to Use a Bonus or Raise

    Have extra money coming in? Here are ways to put your money to work for you now, so you can reap the rewards down the road.

    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
    Financial Transition: A Guide for Women

    Financial Transition: A Guide for Women

    Here's how to take control of your finances if a death or divorce leaves you holding the reins.

    Business Planning

    Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
    • Succession Planning
    • Business Planning
    • Retirement Plan Sponsors
    • Qualified Retirement Plans
    • Corporate Pension Funds
    6 Keys to Building a Startup

    6 Keys to Building a Startup

    Entrepreneurs share ideas and learnings from the experience of starting a company.

    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
    A New Roadmap for Mission Alignment

    A New Roadmap for Mission Alignment

    Non-profits, foundations and endowments need to ensure that their sources of capital are in sync with their stated goals.

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    Morgan Stanley and Justin Rose: A Winning Team

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    Reserved | Living & Giving

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    Our complimentary program for eligible clients provides you and your family with access to exclusive offers and discounts from premium travel, automotive, health and wellness, and retail brands as well as curated insights from Morgan Stanley.
    Learn more about Reserved | Living & Giving
    Sign Up for eDelivery

    Sign Up for eDelivery

    With eDelivery, you’ll have easy access to statements, trade confirmations, general correspondence and much more.
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    Access Morgan Stanley Online

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    Morgan Stanley Online provides a comprehensive view of your assets and liabilities, projected income, breaking news, research and much more.
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    Ready to start a conversation? Contact The Grossman Wealth Advisor Group today.
    Market Information Delayed 20 Minutes
    1Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.

    2Morgan 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.

    3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.

    4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.

    5The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria.

    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 suitable 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”) 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.


    CRC 2019752 10/2018