Tony Maddalena
Managing Director, Wealth Management, Wealth Advisor
Phone:
(914) 225-6774(914) 225-6774
The Maddalena Group at Morgan Stanley
Tony MaddalenaSeth Marcus, CFP®Donald I LevyJudith Battaglia, CFP®, CRPC®Alexander S. Pugatch, CFP®, CIMA®, CPWA®Eric Hill, CFP®Walter Camas, CRPC®
Direct:
(914) 225-6774(914) 225-6774
Toll-Free:
(888) 849-0287(888) 849-0287
Industry Award WinnerOur Mission Statement
Seasoned wealth management professionals focused on all aspects of creating and sustaining a financially successful future.
Our Story
As one of the largest wealth management firms in the world, we at Morgan Stanley are positioned to take a holistic approach to wealth management including navigating of the complexities of managing your collective assets.
At the Maddalena Group, we are a team of seasoned professionals who has spent our entire careers working with executives, business owners, professionals in global sports and entertainment, and high net worth individuals, families, and entrepreneurs delivering services including financial planning, portfolio management, estate planning strategies, and asset preservation strategies.
By working closely with your tax, legal, and other personal advisors, we can help design strategic and tactical financial solutions to help reach your long-term goals. We understand the level of sophistication you expect and have developed the knowledge and best practices needed to optimize your wealth and integrate outside assets into a holistic wealth management plan. Above all, we are committed to building longstanding relationships and are proud of the fact that many of our clients have been with us for more than 25 years.
Every individual, family, and organization has unique dynamics, goals, and levels for risk. By gaining an in-depth understanding of your specific needs and objectives, our team can work with you to draft a financial plan or investment policy statement that will help you:
· Identify your investment considerations and goals
· Create an investment strategy to guide asset allocation and portfolio / risk management
· Define an approach that considers virtually all of your wealth management goals for your portfolio and your life
Money, in and of itself, does not always create the skills to manage it effectively. Our mission is to empower you to make informed and confident decisions on any financial challenge you face. We know how hard you are working to achieve your goals and will work even harder to ensure your wealth will lead to continued prosperity.
At the Maddalena Group, we are a team of seasoned professionals who has spent our entire careers working with executives, business owners, professionals in global sports and entertainment, and high net worth individuals, families, and entrepreneurs delivering services including financial planning, portfolio management, estate planning strategies, and asset preservation strategies.
By working closely with your tax, legal, and other personal advisors, we can help design strategic and tactical financial solutions to help reach your long-term goals. We understand the level of sophistication you expect and have developed the knowledge and best practices needed to optimize your wealth and integrate outside assets into a holistic wealth management plan. Above all, we are committed to building longstanding relationships and are proud of the fact that many of our clients have been with us for more than 25 years.
Every individual, family, and organization has unique dynamics, goals, and levels for risk. By gaining an in-depth understanding of your specific needs and objectives, our team can work with you to draft a financial plan or investment policy statement that will help you:
· Identify your investment considerations and goals
· Create an investment strategy to guide asset allocation and portfolio / risk management
· Define an approach that considers virtually all of your wealth management goals for your portfolio and your life
Money, in and of itself, does not always create the skills to manage it effectively. Our mission is to empower you to make informed and confident decisions on any financial challenge you face. We know how hard you are working to achieve your goals and will work even harder to ensure your wealth will lead to continued prosperity.
Services Include
- Asset Management
- Executive Financial ServicesFootnote1
- Professional Portfolio ManagementFootnote2
- Financial PlanningFootnote3
- Estate Planning StrategiesFootnote4
- Trust ServicesFootnote5
- Retirement PlanningFootnote6
- Institutional ServicesFootnote7
- Donor Advised Funds
- Endowments and FoundationsFootnote8
- Planning for Individuals with Special Needs and their Families
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Working With You
Our clients are much more than a portfolio of assets - they are people with complex lives who seek a team of seasoned advisors who provide thorough and unbiased guidance on a full range of financial topics. At The Maddalena Group, we are passionate about helping you reach your goals, which is reflected in the core values that serve as the foundation of our practice:
• Integrated Strategies. We believe retirement assets, equity compensation and insurance policies should not be managed as separate entities, but as vital components of your overall financial picture. As experienced advisors at Morgan Stanley -- one of the world’s largest financial firms -- we are positioned to take a holistic approach to wealth management. All of your assets, including the benefits you receive from your employer, will be integrated to ensure they are working synergistically to help meet your overall goals.
• An Institutional Approach. Our exposure to a diverse range of individual, corporate, and institutional clients informs our guidance and enables us to incorporate a sophisticated investment framework that offers fresh, strategic ideas that challenge conventional solutions, maximize savings, and optimize long-term results.
• A Focus on Education. Financial education leads to better insights into our investment approach, and ultimately, the potential for better long-term results. We are committed to providing ongoing education. We take pride in our ability to take complex strategies and effectively communicate them using easy-to-understand language and examples.
• Service Excellence. We provide the personalized service you would expect from an investment boutique with the resources of a major global firm. Your satisfaction is our priority. When it comes to service, we provide comprehensive solutions, striving to be a trusted resource for any financial or life decision.
• Integrated Strategies. We believe retirement assets, equity compensation and insurance policies should not be managed as separate entities, but as vital components of your overall financial picture. As experienced advisors at Morgan Stanley -- one of the world’s largest financial firms -- we are positioned to take a holistic approach to wealth management. All of your assets, including the benefits you receive from your employer, will be integrated to ensure they are working synergistically to help meet your overall goals.
• An Institutional Approach. Our exposure to a diverse range of individual, corporate, and institutional clients informs our guidance and enables us to incorporate a sophisticated investment framework that offers fresh, strategic ideas that challenge conventional solutions, maximize savings, and optimize long-term results.
• A Focus on Education. Financial education leads to better insights into our investment approach, and ultimately, the potential for better long-term results. We are committed to providing ongoing education. We take pride in our ability to take complex strategies and effectively communicate them using easy-to-understand language and examples.
• Service Excellence. We provide the personalized service you would expect from an investment boutique with the resources of a major global firm. Your satisfaction is our priority. When it comes to service, we provide comprehensive solutions, striving to be a trusted resource for any financial or life decision.
Our Strategies
Led by our investment portfolio management team, we seek to offer a wide ranging selection of strategies to meet every client’s specific risk profile and needs. Driven by our financial planning process, we seek to make recommendations through a comprehensive evaluation of an investor’s risk tolerance and financial goals to craft a portfolio through our managed offerings which spans from conservative to aggressive within the investment risk horizon.
The following portfolios are primarily led by efforts by our Director of Investments, Charles M. White and Portfolio Management Associate Director, Jervis Wong, CFA®*. Charles White has been a career portfolio manager starting with his time at Avatar Associates where he served as Vice Chairman and Head of Security Selection, it was a firm founded by the late Marty Zweig known as a pioneer in Tactical Asset Allocation. The strategies follows an investment process evaluating market and economic risks through the lens of evaluating monetary conditions, momentum, and sentiment with three broad based rules adhered to including “Don’t Fight the Fed, Don’t Fight the Tape, and be Wary of the Crowd. Investors will have access to daily commentary and a quarterly conference call made available reviewing strategies managed in addition to an overview on outlook in economic and market conditions.
The following portfolios are primarily led by efforts by our Director of Investments, Charles M. White and Portfolio Management Associate Director, Jervis Wong, CFA®*. Charles White has been a career portfolio manager starting with his time at Avatar Associates where he served as Vice Chairman and Head of Security Selection, it was a firm founded by the late Marty Zweig known as a pioneer in Tactical Asset Allocation. The strategies follows an investment process evaluating market and economic risks through the lens of evaluating monetary conditions, momentum, and sentiment with three broad based rules adhered to including “Don’t Fight the Fed, Don’t Fight the Tape, and be Wary of the Crowd. Investors will have access to daily commentary and a quarterly conference call made available reviewing strategies managed in addition to an overview on outlook in economic and market conditions.
Fixed Income
Consisting primarily of Investment Grade Corporate, Treasury, US Government fixed income securities and Preferred Stock, this discretionary portfolio offers the managers flexibility to adjust duration, credit, and maturity as a response to varying market conditions.
By focusing on current income and capital preservation, we seek a total yield greater than treasury securities while seeking to limit downside risk.
This strategy is in-line with a conservative risk tolerance.
Click Here to View The StrategyBy focusing on current income and capital preservation, we seek a total yield greater than treasury securities while seeking to limit downside risk.
This strategy is in-line with a conservative risk tolerance.
Tactical Balanced
A discretionary portfolio of global equity ETFs, fixed income, tactical cash, and alternatives, this strategy is designed to participate in rising global markets while managing downside risk.
By focusing on tactically managing downside risk, we seek market-like performance in rising markets with tactical risk management in falling markets. This portfolio will target an overall level of investment in equities and fixed income above 85% which is comprised of 55% equity exposure (MSCI ALL Country World Index, 5% in commodities (Bloomberg Commodity Index), 30% Fixed Income (Bloomberg Barclays Intermediate Government/Credit) and 10% Tactical Cash (90 Day Treasury Bills). This strategy offers flexibility at the managers discretion to alter the level of investments including seeking tactical cash.
This strategy is in-line with a moderately conservative risk tolerance.
Click Here to View The StrategyBy focusing on tactically managing downside risk, we seek market-like performance in rising markets with tactical risk management in falling markets. This portfolio will target an overall level of investment in equities and fixed income above 85% which is comprised of 55% equity exposure (MSCI ALL Country World Index, 5% in commodities (Bloomberg Commodity Index), 30% Fixed Income (Bloomberg Barclays Intermediate Government/Credit) and 10% Tactical Cash (90 Day Treasury Bills). This strategy offers flexibility at the managers discretion to alter the level of investments including seeking tactical cash.
This strategy is in-line with a moderately conservative risk tolerance.
Core Balanced
A discretionary portfolio of global equity ETFs, fixed income, and alternatives, this strategy is designed to participate in rising global markets while managing downside risk.
By focusing on capital appreciation, we seek market-like performance in rising markets while tactically managing downside risk in falling markets. This portfolio will target an overall level of investment in equities and fixed income above 95% which is comprised of 55% equity exposure (MSCI ALL Country World Index, 5% in commodities (Bloomberg Commodity Index), and 40% Fixed Income (Bloomberg Barclays Intermediate Government/Credit). This strategy will maintain near full investments but is strategically managed to preferred geographies, style, and market capitalizations.
This strategy is in-line with a moderate risk tolerance.
Click Here to View The StrategyBy focusing on capital appreciation, we seek market-like performance in rising markets while tactically managing downside risk in falling markets. This portfolio will target an overall level of investment in equities and fixed income above 95% which is comprised of 55% equity exposure (MSCI ALL Country World Index, 5% in commodities (Bloomberg Commodity Index), and 40% Fixed Income (Bloomberg Barclays Intermediate Government/Credit). This strategy will maintain near full investments but is strategically managed to preferred geographies, style, and market capitalizations.
This strategy is in-line with a moderate risk tolerance.
Global Tactical Equity ETF
A diversified portfolio of global equity ETFs, tactical cash, and alternatives, this strategy is designed to participate in rising global markets while managing downside risk.
By focusing on downside risk, we seek market-like performance in rising markets with downside risk management in falling markets. This portfolio will target an overall level of investment in equities and alternatives above 95% which is comprised of 90% equity exposure (MSCI ALL Country World Index), 5% in commodities (Bloomberg Commodity Index), and 5% Tactical Cash (90 Day Treasury Bills). This strategy offers flexibility at the managers discretion to alter the level of investments including seeking tactical cash.
This strategy is in-line with a moderately aggressive risk tolerance.
Click Here to View The StrategyBy focusing on downside risk, we seek market-like performance in rising markets with downside risk management in falling markets. This portfolio will target an overall level of investment in equities and alternatives above 95% which is comprised of 90% equity exposure (MSCI ALL Country World Index), 5% in commodities (Bloomberg Commodity Index), and 5% Tactical Cash (90 Day Treasury Bills). This strategy offers flexibility at the managers discretion to alter the level of investments including seeking tactical cash.
This strategy is in-line with a moderately aggressive risk tolerance.
Global Core Equity ETF
A discretionary portfolio of global equity ETFs and alternatives, this strategy is designed to participate in rising global markets while managing downside risk.
By focusing on capital appreciation, we seek market-like performance in rising markets while tactically managing downside risk in falling markets. This portfolio will target an overall level of investment in equities and alternatives above 95% which is comprised of 90% equity exposure (MSCI ALL Country World Index) and 5% in commodities (Bloomberg Commodity Index). This strategy will maintain near full investments but is strategically managed to preferred geographies, style, and market capitalizations.
This strategy is in-line with an aggressive risk tolerance.
Click Here to View The StrategyBy focusing on capital appreciation, we seek market-like performance in rising markets while tactically managing downside risk in falling markets. This portfolio will target an overall level of investment in equities and alternatives above 95% which is comprised of 90% equity exposure (MSCI ALL Country World Index) and 5% in commodities (Bloomberg Commodity Index). This strategy will maintain near full investments but is strategically managed to preferred geographies, style, and market capitalizations.
This strategy is in-line with an aggressive risk tolerance.
Active Equity
A discretionary portfolio of global equities, tactical cash, and commodities, this strategy is designed to participate in rising global markets while managing downside risk through tactical cash.
By focusing on capital appreciation, we seek market-like performance in rising markets while tactically managing down risk in falling markets. By focusing on capital appreciation, we seek market-like performance in rising markets while tactically managing downside risk in falling markets. This portfolio will target an overall level of investment in equities and alternatives above 95% which is comprised of 90% equity exposure (MSCI ALL Country World Index) and 5% in commodities (Bloomberg Commodity Index).
This strategy is in-line with an aggressive risk tolerance.
Click Here to View The StrategyBy focusing on capital appreciation, we seek market-like performance in rising markets while tactically managing down risk in falling markets. By focusing on capital appreciation, we seek market-like performance in rising markets while tactically managing downside risk in falling markets. This portfolio will target an overall level of investment in equities and alternatives above 95% which is comprised of 90% equity exposure (MSCI ALL Country World Index) and 5% in commodities (Bloomberg Commodity Index).
This strategy is in-line with an aggressive risk tolerance.
Select Dividend Income
The goal is not only to generate yield but to have a focus on total return including capital appreciation. We select companies on a discretionary basis whose business fundamentals and policies emphasize return of sustainable earnings back to shareholders and managed with total return in mind.
Equities will be screened and selected from two main universes described below including minimum criteria related to earnings growth, stock buybacks, net dividend growth rates, and free cash flow. In addition, the proposed equity strategy will consist of 30-50 holdings and have the constraint of having exposure to each S&P sector and no more than double the weight of the S&P500. Last, we will target to rebalance the portfolio on a quarterly basis.
Dividend Equity Screen:
(1) Equities limited to constituents of the S&P 400 Midcap Index and S&P 500 Index
(2) Market Cap Exceeding 10B
(3) Dividend Net 5Yr Growth Rate Exceeding 2.5%
(4) Current Dividend Yield Exceeding 1.3%
(5) Latest Quarterly EPS- 1 Yr Growth Exceeding 0.5%
Free Cash/Share Buy-Back Screen:
(1) Equities limited to constituents of the Russell 1000 Index
(2) Free Cash Flow per Share -1 Year Growth Exceeds 2%
(3) T12 Total Value of Shares Repurchased Exceeds 500 million
(4) Current Dividend Yield Exceeds S&P 500 Dividend Yield 1.36%
Click Here to View The StrategyEquities will be screened and selected from two main universes described below including minimum criteria related to earnings growth, stock buybacks, net dividend growth rates, and free cash flow. In addition, the proposed equity strategy will consist of 30-50 holdings and have the constraint of having exposure to each S&P sector and no more than double the weight of the S&P500. Last, we will target to rebalance the portfolio on a quarterly basis.
Dividend Equity Screen:
(1) Equities limited to constituents of the S&P 400 Midcap Index and S&P 500 Index
(2) Market Cap Exceeding 10B
(3) Dividend Net 5Yr Growth Rate Exceeding 2.5%
(4) Current Dividend Yield Exceeding 1.3%
(5) Latest Quarterly EPS- 1 Yr Growth Exceeding 0.5%
Free Cash/Share Buy-Back Screen:
(1) Equities limited to constituents of the Russell 1000 Index
(2) Free Cash Flow per Share -1 Year Growth Exceeds 2%
(3) T12 Total Value of Shares Repurchased Exceeds 500 million
(4) Current Dividend Yield Exceeds S&P 500 Dividend Yield 1.36%
Cash Management
A liquidity management strategy consisting of short-term United States Treasury and Government Agency bonds, this portfolio is a transparent offering of individual fixed rate and floating rate securities.
By focusing on short-term investments, we believe we provide a higher degree of risk management, liquidity, and yield, we seek a total yield greater than that of money markets while allowing ease of withdrawal.
This strategy is in-line with a conservative risk tolerance.
Click Here to View The StrategyBy focusing on short-term investments, we believe we provide a higher degree of risk management, liquidity, and yield, we seek a total yield greater than that of money markets while allowing ease of withdrawal.
This strategy is in-line with a conservative risk tolerance.
Our Differentiators
Over the past four decades, we have developed a strong and active practice that includes a broad range of clients who need professional guidance with the following activities:
• Integrating their retirement assets and executive benefits provided by their company into their overall investment strategy
• Minimizing taxes through advanced asset management solutions
• Approaching a life-changing event with confidence, such as the transition to retirement, the sale of a business, or the loss of a spouse
• Financing a major acquisition, including the purchase of a new property or expansion of a business
• Achieving long-term charitable and philanthropic goals
Our clients include:
• Retirees
• Corporate executives
• Business owners and entrepreneurs
• Lawyers and medical professionals
• Multi-generational private wealth families
• Corporations, institutions, and endowments
• 401(k) retirement plan and stock plan participants
While each client has a unique personal and professional situation, collectively they all have one thing in common: they are focused on achieving very specific financial goals, so they may secure their family’s financial future and focus on the areas of their life that bring them joy, meaning, and purpose.
The Maddalena Group at Morgan Stanley is dedicated to delivering a Category of One experience for our clients. We are committed to furthering our experience by attaining multiple firm designations to help better serve our clients. We pride ourselves on these achievements as we are able to use our combined experience and knowledge to help our clients take charge of their financial future and achieve their goals.
• Integrating their retirement assets and executive benefits provided by their company into their overall investment strategy
• Minimizing taxes through advanced asset management solutions
• Approaching a life-changing event with confidence, such as the transition to retirement, the sale of a business, or the loss of a spouse
• Financing a major acquisition, including the purchase of a new property or expansion of a business
• Achieving long-term charitable and philanthropic goals
Our clients include:
• Retirees
• Corporate executives
• Business owners and entrepreneurs
• Lawyers and medical professionals
• Multi-generational private wealth families
• Corporations, institutions, and endowments
• 401(k) retirement plan and stock plan participants
While each client has a unique personal and professional situation, collectively they all have one thing in common: they are focused on achieving very specific financial goals, so they may secure their family’s financial future and focus on the areas of their life that bring them joy, meaning, and purpose.
The Maddalena Group at Morgan Stanley is dedicated to delivering a Category of One experience for our clients. We are committed to furthering our experience by attaining multiple firm designations to help better serve our clients. We pride ourselves on these achievements as we are able to use our combined experience and knowledge to help our clients take charge of their financial future and achieve their goals.
Family Wealth Director
Family Wealth Director is a rare distinction, earned by just under 4% of Morgan Stanley’s Financial Advisors. The designation is given to those who have extensive experience working with ultra high net worth families, and who have undergone specialized training. Family Wealth Directors then have direct access to an extensive range of resources needed to help highly affluent families manage the complex, multigenerational challenges of managing significant wealth.
Donald Levy and Alexander Pugatch hold this designation
Donald Levy and Alexander Pugatch hold this designation
Global Sports and Entertainment Director
Global Sports and Entertainment Directors are Financial Advisors who draw on specialized industry experience and the vast intellectual capital of our firm to deliver personalized guidance for your career and legacy.
Tony Maddalena holds this designation
Tony Maddalena holds this designation
Executive Financial Services Director
The Executive Financial Services (EFS) Director is an educational designation which will allow an Advisor to speak with knowledge of the rules and regulations concerning executives while managing the holdings in their companies and leveraging the services offered by Morgan Stanley.
Alexander Pugatch holds this designation
Alexander Pugatch holds this designation
Senior Investment Management Consultant
A Senior Investment Management Consultant is a highly experienced financial professional who provides expert advice and guidance to clients on investment strategies, asset allocation, and portfolio management.
Donald Levy holds this designation
Donald Levy holds this designation
International Client Advisor
Morgan Stanley International Client Advisor's harness the extensive capabilities of the firm to serve investors located outside the United States.
Tony Maddalena, Seth Marcus, and Alexander Pugatch hold this designation
Tony Maddalena, Seth Marcus, and Alexander Pugatch hold this designation
Financial Planning Specialist
A Financial Planning Specialist specializes in helping individuals and organizations manage their finances effectively. They are experts in financial analysis, budgeting, forecasting, and strategic planning.
Judith Battaglia and Alexander Pugatch hold this designation
Judith Battaglia and Alexander Pugatch hold this designation
National Strategic Partner
The National Strategic Partnering Program is a designation for Financial Advisors who maintain a program eligible specialty or designation and are a qualified and vetted source for partnering opportunities.
Tony Maddalena and Alexander Pugatch hold this designation
Tony Maddalena and Alexander Pugatch hold this designation
2023 - 2025 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2023, Jan 2024, Jan 2025) Data compiled by SHOOK Research LLC based for the following periods:
2023 Award - 3/31/21-3/31/22.
2024 Award - 3/31/22-3/31/23
2025 Award - 3/31/23-3/31/24
Awards Disclosures2023 Award - 3/31/21-3/31/22.
2024 Award - 3/31/22-3/31/23
2025 Award - 3/31/23-3/31/24
2024 & 2025 Barron’s Top 250 Private Wealth Management Teams
Source: Barron's (Awarded May 2025). This ranking was determined based on an evaluation process conducted by Barron's for the period Jan 2024-Dec 2024.
Awards Disclosures
2024 Forbes America's Top Wealth Advisors & 2024-2025 Forbes Best in State Wealth Advisors
The Maddalena Group at Morgan Stanley is honored to announce that our partner, Tony Maddalena, Managing Director and Financial Advisor has been recognized on the 2024 Forbes America's Top Wealth Advisors ranking.
Source: Forbes.com (April 2024) 2024 Forbes America’s Top Wealth Advisors and Best-In- State Wealth Advisors rankings awarded in 2024. This ranking was determined based on an evaluation process conducted by SHOOK Research LLC (the research company) in partnership with Forbes (the publisher) for the period from 6/30/23-6/30/24.
Awards DisclosuresSource: Forbes.com (April 2024) 2024 Forbes America’s Top Wealth Advisors and Best-In- State Wealth Advisors rankings awarded in 2024. This ranking was determined based on an evaluation process conducted by SHOOK Research LLC (the research company) in partnership with Forbes (the publisher) for the period from 6/30/23-6/30/24.
2023 -2025 Barron's Top 1200 Financial Advisors
Tony Maddalena has been recognized on the 2023, 2024, and 2025 Barron's Top 1200 Financial Advisors ranking.
Source: Barron's (March 2025) Barron's Top 1,200 Financial Advisors: State-by-State ranking awarded in 2024. This ranking was determined based on an evaluation process conducted by Barron's for the period from Oct 2023-Sept 2024.
Awards DisclosuresSource: Barron's (March 2025) Barron's Top 1,200 Financial Advisors: State-by-State ranking awarded in 2024. This ranking was determined based on an evaluation process conducted by Barron's for the period from Oct 2023-Sept 2024.
2022 Forbes Top Next-Gen Wealth Advisors Best-in-State
Alexander Pugatch with The Maddalena Group at Morgan Stanley has been named to 2022 Forbes Magazine’s list of Top Next-Gen Advisors Best-in-State.
Source: Forbes.com (Awarded Aug 2022) Data compiled by SHOOK Research LLC based on time period from 3/31/21 - 3/31/22.
Awards DisclosuresSource: Forbes.com (Awarded Aug 2022) Data compiled by SHOOK Research LLC based on time period from 3/31/21 - 3/31/22.
Certified Financial Planner - CFP®
CFP® professionals have met extensive training and experience requirements, and commit to CFP® Board's ethical standards that require them to put their clients' interests first.
Seth Marcus, Judith Battaglia, Alexander Pugatch, Eric Hill, and Hubert Papes hold this designation.
Seth Marcus, Judith Battaglia, Alexander Pugatch, Eric Hill, and Hubert Papes hold this designation.
Chartered Financial Analyst® - CFA®
CFA® Charterholders are individuals who have earned the right to use the CFA® designation granted by CFA Institute. These Charterholders have satisfied certain requirements, including completion of the CFA Program and required years of acceptable work experience.
Jervis Wong holds this designation.
Jervis Wong holds this designation.
Certified Investment Management Analyst - CIMA®
Certified Investment Management Analyst® (CIMA®) certification is the premiere international, technical portfolio construction program for investment consultants, analysts, financial advisors and wealth management professionals.
CIMA® certification continues to be the highest level of advanced investment education for client-facing advisors.
Alexander Pugatch holds this designation.
CIMA® certification continues to be the highest level of advanced investment education for client-facing advisors.
Alexander Pugatch holds this designation.
Certified Private Wealth Advisor - CPWA®
The Certified Private Wealth Advisor® (CPWA®) certification is an advanced credential created specifically for wealth managers who work with these clients, focusing on the life cycle of wealth: accumulation, preservation, and distribution.
Alexander Pugatch holds this designation.
Alexander Pugatch holds this designation.
Chartered Retirement Planning Specialist - CRPS®
Sponsored by The College for Financial Planning, the Chartered Retirement Plans Specialist (CRPS) designation is specifically targeted at professionals who design, install, and maintain retirement plans for the business community.
Alexander Pugatch holds this designation.
Alexander Pugatch holds this designation.
Chartered Retirement Planning Counselor - CRPC®
The Chartered Retirement Planning Counselor designation is offered through the College for Financial Planning. The CRPC program focuses on the pre- and post-retirement needs of individuals.
Judith Battaglia holds this designation.
Judith Battaglia holds this designation.
Certified Equity Professional - CEP®
The Certified Equity Professional (CEP) certification tests an equity professional's ability to understand the core principles of their discipline, including the design, analysis, and administration of equity plans, accounting, corporate and securities laws, and taxation.
Alexander Pugatch holds this designation.
Alexander Pugatch holds this designation.
Location
2000 Westchester Ave 1nc
Purchase, NY 10577
US
Direct:
(914) 225-6774(914) 225-6774
Toll-Free:
(888) 849-0287(888) 849-0287
55 East 52nd Street
6th Floor
New York, NY 10055
US
Meet The Maddalena Group
Phone:
(203) 326-6934(203) 326-6934
Donald I Levy
Senior Vice President, Financial Advisor, Family Wealth Director, Senior Portfolio Management Director, Senior Investment Management Consultant, Financial Planning Specialist
Phone:
(914) 225-7111(914) 225-7111
Judith Battaglia, CFP®, CRPC®
Senior Vice President, Financial Advisor, Senior Portfolio Management Director, Financial Planning Specialist
Phone:
(914) 225-4925(914) 225-4925
Alexander S. Pugatch, CFP®, CIMA®, CPWA®
Senior Vice President, Financial Advisor, Senior Portfolio Management Director, Family Wealth Director, Executive Financial Services Director
Phone:
(914) 225-8887(914) 225-8887
Phone:
(914) 225-4718(914) 225-4718
Eric Hill, CFP®
Vice President, Financial Advisor, Portfolio Manager
Phone:
(212) 296-1993(212) 296-1993
Charles M. White
Senior Vice President, Director of Investments
Phone:
(914) 225-6090(914) 225-6090
Jervis Wong, CFA®
Assistant Vice President, Portfolio Management Associate Director
Phone:
(914) 225-8654(914) 225-8654
Anthony Marano
First Vice President, Group Director
Phone:
(914) 225-6030(914) 225-6030
Matthew Pioli
Assistant Vice President, Wealth Management Associate
Phone:
(914) 225-8009(914) 225-8009
Hubert Papes, CFP®
Wealth Management Associate
Phone:
(914) 225-8904(914) 225-8904
Jacqueline Clowry
Portfolio Associate, Senior Registered Client Services Associate
Phone:
(914) 225-5177(914) 225-5177
Maria Indyk
Registered Client Service Associate
Phone:
(203) 967-7168(203) 967-7168
Colleen Carey
About Tony Maddalena
As Managing Director and founding partner of The Maddalena Group, Tony is proud to be a vital member of the firm’s history and its predecessor brands for over 30 years. He has dedicated his entire career to serving the sophisticated needs of institutional, corporate, and private wealth clients.
When forming The Maddalena Group, Tony had the vision to bring together a unique team of financial professionals, combining wealth management experience with institutional expertise. He also had the foresight to establish his Group within Morgan Stanley’s national headquarters, providing immediate access to the firm’s thought leaders and analysts.
These early decisions led Tony to build and grow a prominent team of seasoned wealth management professionals who serve clients domestically and around the world. Today, he continues to bring leadership and strategic vision to marshal the resources within his Group and within Morgan Stanley to ensure every client receives an integrated, customized solution that is designed to achieve each individual’s specific goals.
A lifetime resident of Westchester County, Tony is a graduate of Fordham University, with M.B.A. and B.A. degrees in International Political Economic Development. He has also successfully completed the Senior Account Executive program at the University of Pennsylvania’s Wharton School.
Passionate about the arts, Tony sits on the boards of the Neuberger Museum of Art, Friends of Copland House, and Friends of The Glass House in New Canaan, Connecticut. Additionally, he serves on the Board of Directors for The Westchester County Association and the Italian American forum. Tony also served on Morgan Stanley's Diversity and Inclusion Counsel.
When forming The Maddalena Group, Tony had the vision to bring together a unique team of financial professionals, combining wealth management experience with institutional expertise. He also had the foresight to establish his Group within Morgan Stanley’s national headquarters, providing immediate access to the firm’s thought leaders and analysts.
These early decisions led Tony to build and grow a prominent team of seasoned wealth management professionals who serve clients domestically and around the world. Today, he continues to bring leadership and strategic vision to marshal the resources within his Group and within Morgan Stanley to ensure every client receives an integrated, customized solution that is designed to achieve each individual’s specific goals.
A lifetime resident of Westchester County, Tony is a graduate of Fordham University, with M.B.A. and B.A. degrees in International Political Economic Development. He has also successfully completed the Senior Account Executive program at the University of Pennsylvania’s Wharton School.
Passionate about the arts, Tony sits on the boards of the Neuberger Museum of Art, Friends of Copland House, and Friends of The Glass House in New Canaan, Connecticut. Additionally, he serves on the Board of Directors for The Westchester County Association and the Italian American forum. Tony also served on Morgan Stanley's Diversity and Inclusion Counsel.
Securities Agent: PR, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY, CO, RI, CA, AZ, AR, AL, AK, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1282879
NMLS#: 1282879
About Seth Marcus
Seth Marcus is an Executive Director, Financial Advisor and Certified Financial Planner® in the Stamford, CT, office at Morgan Stanley. He has his Series 7, 63, and 65 licenses as well as his life and health insurance licenses. He has more than 25 years of experience in the financial services industry. Prior to joining Morgan Stanley in 2021, Seth worked at Citigroup Global Markets for his entire career.
An avid follower of the financial markets and the economy, Seth serves a wide range of investors, most notably high- and ultra-high-net-worth investors and their families as well as business owners. He helps his clients achieve their myriad goals through prudent investment selection, broad portfolio diversification – both domestically and internationally, and tax-efficient investing. Tax harvesting is one of his key focuses, which enables his clients to help reduce their tax liabilities. He is also keenly adept at helping his clients focus on needs they themselves have yet to consider.
In addition to leveraging the full resources of Morgan Stanley to serve his clients, Seth has access to a cadre of tax and estate planning professionals to offer his clients added value. He is always willing to help his clients with any topic of interest related to their personal financial statements.
Well-read on many topics of interest related to financial services, Seth is a 1990 graduate of The State University of New York at Binghamton, where he earned an undergraduate degree in Business Management and his Masters of Business Administration (MBA).
Born in Westchester County, N.Y., Seth lives with his lovely wife, Terri. They have four adult children. In his spare time, he enjoys traveling and working on his golf game. Seth is a lifelong Baltimore Orioles baseball fan and roots for the Green Bay Packers each fall. When he’s not enjoying his wife’s superb cooking, this self-proclaimed “foodie” watches a full menu of shows on the Food Network.
An avid follower of the financial markets and the economy, Seth serves a wide range of investors, most notably high- and ultra-high-net-worth investors and their families as well as business owners. He helps his clients achieve their myriad goals through prudent investment selection, broad portfolio diversification – both domestically and internationally, and tax-efficient investing. Tax harvesting is one of his key focuses, which enables his clients to help reduce their tax liabilities. He is also keenly adept at helping his clients focus on needs they themselves have yet to consider.
In addition to leveraging the full resources of Morgan Stanley to serve his clients, Seth has access to a cadre of tax and estate planning professionals to offer his clients added value. He is always willing to help his clients with any topic of interest related to their personal financial statements.
Well-read on many topics of interest related to financial services, Seth is a 1990 graduate of The State University of New York at Binghamton, where he earned an undergraduate degree in Business Management and his Masters of Business Administration (MBA).
Born in Westchester County, N.Y., Seth lives with his lovely wife, Terri. They have four adult children. In his spare time, he enjoys traveling and working on his golf game. Seth is a lifelong Baltimore Orioles baseball fan and roots for the Green Bay Packers each fall. When he’s not enjoying his wife’s superb cooking, this self-proclaimed “foodie” watches a full menu of shows on the Food Network.
Securities Agent: ND, NE, WV, TN, AL, SD, OR, OK, UT, TX, VA, MA, WY, WI, NV, PR, NJ, WA, AZ, SC, RI, NC, MT, MS, AR, OH, VT, CT, NM, ME, DC, FL, PA, GA, HI, NY, CO, KY, NH, LA, MD, MO, MN, MI, KS, IN, IL, ID, IA, DE, CA, AK; General Securities Representative; Investment Advisor Representative
NMLS#: 1814621
NMLS#: 1814621
About Donald I Levy
Donald I. Levy
Senior Vice President – Wealth Management
Family Wealth Director
Senior Portfolio Management Director
Senior Investment Management Consultant
Financial Planning Specialist
Financial Advisor
Donald looks back on his more than 45-year financial services career and takes great pride in the fact that he has helped numerous people live better lives. Clients who spent several productive and enjoyable decades in retirement without fear of outliving their assets, for example. Or families who sought his advice on how to leave a substantial legacy without excessive taxation or worry among heirs.
Donald’s early training as a CPA provided him with insights that have proven valuable to his clients over the years. More recently, he became one of only a relatively few Morgan Stanley Financial Advisors to earn the firm’s Family Wealth Director designation, a credential that further enhances his ability to advise high net worth clients on complex financial issues.
A former CFO at the US affiliate of a multi-national corporation, Donald joined a Morgan Stanley predecessor firm in 1989 and co-founded the former Levy Wealth Management Group with his brother, retired Financial Advisor, Leonard. Until August 2024, Donald ran the team along with his daughter and partner, Financial Advisor, Judith Battaglia. Together they joined The Maddalena Group in September of 2024. Donald spends much of his time managing the investment strategy he created that seeks total return through such income-oriented vehicles as dividend stocks, master limited partnerships and real estate investment trusts. Many of his clients have been able to generate income through this strategy that has enabled them to meet their cash flow needs without liquidating holdings.
Don graduated from Queens College with a BA in Accounting. Outside the office, he served as Chief Financial Officer at his synagogue, Temple Beth El in Chappaqua, NY. In addition, he supports several charitable organizations in which his clients are involved. It is their involvement that gives him confidence that these organizations are well run and performing good works for the communities they serve.
Senior Vice President – Wealth Management
Family Wealth Director
Senior Portfolio Management Director
Senior Investment Management Consultant
Financial Planning Specialist
Financial Advisor
Donald looks back on his more than 45-year financial services career and takes great pride in the fact that he has helped numerous people live better lives. Clients who spent several productive and enjoyable decades in retirement without fear of outliving their assets, for example. Or families who sought his advice on how to leave a substantial legacy without excessive taxation or worry among heirs.
Donald’s early training as a CPA provided him with insights that have proven valuable to his clients over the years. More recently, he became one of only a relatively few Morgan Stanley Financial Advisors to earn the firm’s Family Wealth Director designation, a credential that further enhances his ability to advise high net worth clients on complex financial issues.
A former CFO at the US affiliate of a multi-national corporation, Donald joined a Morgan Stanley predecessor firm in 1989 and co-founded the former Levy Wealth Management Group with his brother, retired Financial Advisor, Leonard. Until August 2024, Donald ran the team along with his daughter and partner, Financial Advisor, Judith Battaglia. Together they joined The Maddalena Group in September of 2024. Donald spends much of his time managing the investment strategy he created that seeks total return through such income-oriented vehicles as dividend stocks, master limited partnerships and real estate investment trusts. Many of his clients have been able to generate income through this strategy that has enabled them to meet their cash flow needs without liquidating holdings.
Don graduated from Queens College with a BA in Accounting. Outside the office, he served as Chief Financial Officer at his synagogue, Temple Beth El in Chappaqua, NY. In addition, he supports several charitable organizations in which his clients are involved. It is their involvement that gives him confidence that these organizations are well run and performing good works for the communities they serve.
Securities Agent: IN, AR, WI, VA, NH, ID, IA, DE, DC, RI, NE, ND, MI, MA, AL, SD, SC, ME, KS, CA, WV, UT, PA, OH, NV, KY, CT, PR, TX, TN, NM, MT, HI, FL, NY, MD, LA, AZ, VT, IL, AK, NJ, NC, MN, GA, WY, OR, OK, MS, WA, MO, CO; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1270244
NMLS#: 1270244
About Judith Battaglia
Judy grew up in the financial services industry. For over 16 years, Judy has partnered with her father, Donald Levy, one of the founders of the former Levy Wealth Management Group at Morgan Stanley. In a transformative new chapter starting in September 2024, Judy, Donald and Jacqui Clowry, Portfolio Associate, joined with the Maddalena Group at Morgan Stanley, combining the experience and personalized approach of both teams to deliver even greater value to their clients.
Judy is a Morgan Stanley Senior Portfolio Management Director who co-manages several of the team’s equity portfolios seeking growth and income (total return) through ownership of individual stocks, indexes and income securities encompassing thematic diversification. We provide clients with discretionary investment management that relieves them of day-to-day investment decisions. In addition, Judy is a Certified Financial Planner®, Chartered Retirement Planning Counselor® and a Morgan Stanley-credentialed Financial Planning Specialist who plays a key role in all aspects of client’s financial planning.
Prior to following in her father’s footsteps, Judy embarked on her own journey as a nurse, nurse practitioner and later, a clinical liaison between several well-known biotech firms and their physician and nursing clientele. When she finally joined the former Levy Wealth Management Group in 2008, she realized that there were significant parallels between the patient care evaluation and the wealth management process. Both involve assessment, strategy implementation and ongoing evaluation. Through this lens, Judy takes a holistic view of clients’ finances to create strategies that work in concert toward even their most challenging goals of growth and cash flow.
A graduate of The University of Pennsylvania with a BS in Nursing, Judy went on to earn her MS in Nursing with an emphasis on oncology and nursing administration. Judy currently resides in Pleasantville, NY with her husband and two teen-age daughters.
Judy is a Morgan Stanley Senior Portfolio Management Director who co-manages several of the team’s equity portfolios seeking growth and income (total return) through ownership of individual stocks, indexes and income securities encompassing thematic diversification. We provide clients with discretionary investment management that relieves them of day-to-day investment decisions. In addition, Judy is a Certified Financial Planner®, Chartered Retirement Planning Counselor® and a Morgan Stanley-credentialed Financial Planning Specialist who plays a key role in all aspects of client’s financial planning.
Prior to following in her father’s footsteps, Judy embarked on her own journey as a nurse, nurse practitioner and later, a clinical liaison between several well-known biotech firms and their physician and nursing clientele. When she finally joined the former Levy Wealth Management Group in 2008, she realized that there were significant parallels between the patient care evaluation and the wealth management process. Both involve assessment, strategy implementation and ongoing evaluation. Through this lens, Judy takes a holistic view of clients’ finances to create strategies that work in concert toward even their most challenging goals of growth and cash flow.
A graduate of The University of Pennsylvania with a BS in Nursing, Judy went on to earn her MS in Nursing with an emphasis on oncology and nursing administration. Judy currently resides in Pleasantville, NY with her husband and two teen-age daughters.
Securities Agent: RI, IL, CT, CA, TX, TN, NJ, ME, MD, AZ, VT, NC, GA, NY, FL, NE, OR, NH, IA, PR, MI, AR, SD, MT, MO, ID, WY, WV, KS, AL, ND, LA, AK, OH, NM, MS, MA, CO, WA, SC, PA, OK, MN, KY, IN, DE, VA, DC, UT, HI, NV, WI; General Securities Representative; Investment Advisor Representative
NMLS#: 1278662
NMLS#: 1278662
About Alexander S. Pugatch
With over 20 years of financial services experience, Alex is a Senior Portfolio Management Director, Family Wealth Director, and Executive Financial Services Director for The Maddalena Group. As a Financial Planning Specialist, he helps corporate executives, family offices, and high net worth individuals understand, preserve, and build their wealth, so they may make more informed and confident decisions in achieving their long-term goals. In recognition of his success, Alex was named to Forbes Magazine's list of Best-In-State Next-Gen Wealth Advisors.
The Family Wealth Director designation is a rare distinction held by fewer than 5% of Financial Advisors at Morgan Stanley. Family Wealth Directors must demonstrate professional knowledge and experience in a range of wealth management solutions including estate planning strategies, alternative investments, control and restricted securities, lending solutions, hedging and monetization, and business succession planning. As a Family Wealth Director, Alex has specialized access to a variety of family advisory services including family governance and wealth education, philanthropy management, and lifestyle advisory.
Prior to joining Morgan Stanley, Alex worked at Bank of America Merrill Lynch in the firm's Institutional Fixed Income division, covering hedge funds, asset managers, and proprietary trading desks. He joined The Maddalena Group for the opportunity to share his institutional knowledge with individuals and families, and to have the opportunity to build more personal relationships with his clients.
Alex earned his B.S. in Commerce from the McIntire School of Commerce at the University of Virginia, concentrating in Finance and Accounting and his M.B.A. from Columbia Business School, majoring in Finance and Real Estate and graduating with Dean's Honors. Throughout his career, Alex has been committed to his own professional knowledge and development, earning the following certifications: Certified Equity Professional (2019), Certified Private Wealth Advisor® (2018), Certified Investment Management Analyst® (2017), and CERTIFIED FINANCIAL PLANNER™ (2016).
Originally from Baltimore, Maryland, Alex currently resides with his wife, son, and daughter in Armonk, New York. In his free time, he enjoys playing golf, tennis, and spending time with his family.
The Family Wealth Director designation is a rare distinction held by fewer than 5% of Financial Advisors at Morgan Stanley. Family Wealth Directors must demonstrate professional knowledge and experience in a range of wealth management solutions including estate planning strategies, alternative investments, control and restricted securities, lending solutions, hedging and monetization, and business succession planning. As a Family Wealth Director, Alex has specialized access to a variety of family advisory services including family governance and wealth education, philanthropy management, and lifestyle advisory.
Prior to joining Morgan Stanley, Alex worked at Bank of America Merrill Lynch in the firm's Institutional Fixed Income division, covering hedge funds, asset managers, and proprietary trading desks. He joined The Maddalena Group for the opportunity to share his institutional knowledge with individuals and families, and to have the opportunity to build more personal relationships with his clients.
Alex earned his B.S. in Commerce from the McIntire School of Commerce at the University of Virginia, concentrating in Finance and Accounting and his M.B.A. from Columbia Business School, majoring in Finance and Real Estate and graduating with Dean's Honors. Throughout his career, Alex has been committed to his own professional knowledge and development, earning the following certifications: Certified Equity Professional (2019), Certified Private Wealth Advisor® (2018), Certified Investment Management Analyst® (2017), and CERTIFIED FINANCIAL PLANNER™ (2016).
Originally from Baltimore, Maryland, Alex currently resides with his wife, son, and daughter in Armonk, New York. In his free time, he enjoys playing golf, tennis, and spending time with his family.
Securities Agent: NM, OK, TX, WY, VT, RI, WV, WI, WA, VI, VA, UT, TN, SD, SC, PR, PA, OR, OH, NY, NV, NJ, NH, NE, ND, NC, MT, MS, MO, MN, MI, ME, MA, LA, KY, IN, IL, ID, IA, HI, GA, FL, DE, DC, CT, CO, CA, AZ, AR, AL, AK, MD, KS; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1285416
NMLS#: 1285416
About Walter Camas
Securities Agent: WV, SC, NM, CT, OH, IL, FL, DE, CO, WI, WA, VT, UT, TX, NJ, NE, ME, LA, SD, MN, AL, OR, MT, MI, ND, KS, IN, HI, AR, VI, PA, NH, MD, ID, WY, VA, KY, DC, CA, AZ, TN, RI, NY, NV, NC, MS, MO, GA, OK, MA, IA, AK; General Securities Principal; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1285193
NMLS#: 1285193
About Eric Hill
Eric Hill is a Vice President, Financial Advisor and Portfolio Manager for Morgan Stanley in midtown Manhattan. He is also a Certified Financial Planner®. Eric has more than a decade of experience in financial securities. Prior to joining Morgan Stanley in 2021, he worked as a Financial Advisor with Citibank Personal Wealth Management.
Eric is extremely proficient at building custom, diversified portfolios for a broad range of investors, including high-net-worth individuals, families, executives and business owners. Many of his clients are financial professionals, a testament to his highly regarded reputation in the financial services industry.
While Eric has the experience to help investors with virtually any need, he has a particular focus on helping clients accumulate wealth, working towards ensuring a comfortable retirement and crafting an all-encompassing estate planning strategy. For clients with a concentrated portfolio (most of their assets in one stock), he helps them diversify their holdings to reduce market risk.
Before making any investment for a client, Eric conducts an extensive interview to fully understand the individual’s unique needs. He is an excellent listener and communicator. He encourages his clients to ask questions and gladly provides answers to even the most complex questions in a language any client can easily understand.
From there, Eric combines the global capabilities and vast resources of Morgan Stanley along with his extensive knowledge of the market to construct a portfolio designed to help meet his client’s needs.
Passionate about helping others, Eric devotes most of his business day to closely monitoring the financial markets to find attractive long-term investment opportunities for his clients and providing them with an excellent level of service and support. He keeps in touch with clients regularly and typically meets with them quarterly.
Finance has been a part of Eric’s life long before he entered the financial services industry. Even as a youngster he had an interest in the stock market and wound up earning a degree in Finance from Rowan University.
Eric lives with his lovely wife, Ashley, and their three children in Summit, N.J. In addition to spending time with his family, he enjoys playing golf.
Disclaimer:
Diversification does not guarantee a profit or protect against loss in a declining financial market.
Eric is extremely proficient at building custom, diversified portfolios for a broad range of investors, including high-net-worth individuals, families, executives and business owners. Many of his clients are financial professionals, a testament to his highly regarded reputation in the financial services industry.
While Eric has the experience to help investors with virtually any need, he has a particular focus on helping clients accumulate wealth, working towards ensuring a comfortable retirement and crafting an all-encompassing estate planning strategy. For clients with a concentrated portfolio (most of their assets in one stock), he helps them diversify their holdings to reduce market risk.
Before making any investment for a client, Eric conducts an extensive interview to fully understand the individual’s unique needs. He is an excellent listener and communicator. He encourages his clients to ask questions and gladly provides answers to even the most complex questions in a language any client can easily understand.
From there, Eric combines the global capabilities and vast resources of Morgan Stanley along with his extensive knowledge of the market to construct a portfolio designed to help meet his client’s needs.
Passionate about helping others, Eric devotes most of his business day to closely monitoring the financial markets to find attractive long-term investment opportunities for his clients and providing them with an excellent level of service and support. He keeps in touch with clients regularly and typically meets with them quarterly.
Finance has been a part of Eric’s life long before he entered the financial services industry. Even as a youngster he had an interest in the stock market and wound up earning a degree in Finance from Rowan University.
Eric lives with his lovely wife, Ashley, and their three children in Summit, N.J. In addition to spending time with his family, he enjoys playing golf.
Disclaimer:
Diversification does not guarantee a profit or protect against loss in a declining financial market.
Securities Agent: AL, GA, NY, IL, PR, OH, MT, MD, WI, NV, RI, SD, TX, OR, OK, VT, UT, WA, KY, AZ, MA, WY, KS, VA, MO, MS, SC, NM, LA, NJ, PA, NH, CA, FL, NC, IA, ID, MN, DE, MI, ME, AR, IN, HI, AK, DC, CT, CO, ND, NE, TN, WV; General Securities Representative; Investment Advisor Representative
NMLS#: 1003269
NMLS#: 1003269
About Charles M. White
A seasoned wealth management professional for more than three decades, Charles is the Director of Investments and the Chief Portfolio Manager for The Maddalena Group. In this important role, he is responsible for the oversight and management of client assets, seeking to maximize risk-adjusted returns. His disciplined approach includes constructing and presenting detailed wealth analysis plans, as well as the implementation, monitoring, and rebalancing of custom-tailored investment models.Charles began his financial services career in 1984 as the Assistant Controller of the City of Boston, where he managed the citys pension fund. He then joined Avatar Associates in 1988 as Vice Chairman and Head of Security Selection, working alongside Wall Street legend Dr. Martin Zweig, and appearing frequently on CNBC and Bloomberg television and radio to provide market perspectives. Most recently, Charles was the Chief Strategist and Portfolio Manager for Thomas Lloyd Funds. He joined The Maddalena Group in 2009.Charles holds both undergraduate and graduate degrees from Boston University, where he earned a B.S./B.A. in Finance and later earned an M.B.A. in Public Management and Finance. Charles lives with his wife in Greenwich, CT and has twin boys.
About Jervis Wong
With over 10 years of market and investment experience, Jervis joins the Maddalena Group as a Portfolio Management Associate. Jervis' roles are execution of the groups investment strategies, portfolio analytics, investment research, and support the team in all matters of its investment process. Prior to joining The Maddalena Group, he served as an investment officer at Focused Wealth Management where he helped to develop and manage the teams equity and fixed income strategies. Jervis began his career at BNY Mellon in the exchange-traded-funds group. His responsibilities included variance analysis of portfolios compared to index benchmarks and initializing daily portfolio re-balances. The funds he covered were and continue to be some of the most widely traded ETFs in the marketplace. For his work, he was awarded the BNY Mellon Asset Servicing Outstanding Performance Award. He then joined Vastardis Capital Services in New York City where his focus was in risk management, performance analysis, and implementing hedging strategies for his fund of hedge fund and university endowment clients. His experience spans across multiple investment products including equities, fixed income, futures, options, OTC swaps and foreign currency forwards. Jervis holds his FINRA Series 7, 63, and 65 licenses and also holds the Chartered Financial Analyst (CFA®) designation. He received his B.A. in Economics from Emory University and is fluent in Mandarin Chinese. Jervis resides with his wife in Orange County, NY.
About Anthony Marano
Drawing on more than 20 years of financial services experience, Anthony is a Group Director for The Maddalena Group. He is responsible for client service and the overall management of the Groups operations. He enjoys working directly with clients and strives to ensure every client has an excellent service experience.Throughout his career, Anthony has continuously worked hard, growing and learning the ins and outs of the financial industry. Starting in the Purchase and Sales Department at First Albany Corporation in 2000, Anthony worked his way up to Assistant Market Maker, trading institutional order flow. In 2004, he joined UBS Securities as an Assistant Sales Trader on the Broker Dealer Sales Desk. He moved to Global Equity Sales in 2009 for I.A. Englander & Co and became a member of the Morgan Stanley family two years later at the firms Southern Connecticut Complex as a Senior Registered Associate. It is here where he was recognized for customer service and operational procedures.Anthony graduated from Manhattan College with a B.S. degree in Finance and Management and holds his FINRA Series 7, 63, 55, 9 and 10 licenses. A resident of Westchester, NY, Anthony serves as President of the Board of his homeowners association.
About Matthew Pioli
As a Senior Registered Associate for The Maddalena Group, Matt is often the first line of contact for clients on a wide array of operational and administrative services. He is always available to assist with updates on existing accounts, requests for funds disbursements, scheduling appointments, and other related tasks. He assists the Groups Financial Advisors in creating performance reports for client appointments and in implementing the decisions made in client meetings.A 2011 graduate of Springfield College with a B.S. degree in Business Management, Matt began his financial services career at Morgan Stanley that same year. He currently holds his FINRA Series 7 and Series 66 securities licenses.Matt currently resides in South Norwalk, Connecticut with his wife, Michele. In his free time he enjoys playing in his summer softball league and hiking.
About Hubert Papes
Hubert joined The Maddalena Group in 2013. As a Registered Client Service Associate, he works closely with the teams Middle Markets Group, providing trade and settlement support to the Groups institutional clients. He is also responsible for providing account servicing support for the Groups wealth management clientele, helping to maintain a thorough understanding of each clients specific priorities and executing their requests efficiently and effectively.A graduate of the University of North Carolina at Chapel Hill with a B.A. degree in Political Science, Hubert holds his FINRA Series 7 and 66 licenses. His favorite activities and hobbies include exploring New York City, attending concerts and sporting events, golfing, and traveling to unfamiliar destinations.He is a member of the Westchester County Associations Young Professionals Group, and currently resides in Manhattan.
About Maria Indyk
Pia joined the team in 2021 after 16 years of working as a Client Service Associate with Seth Marcus and the Marcus Group at Citi Personal Wealth Management. She has been instrumental in supporting client relationships in her own gracious, professional and courteous way.
She is conversant in four languages, likes opera, football, traveling & pizza. She has visited 27 current MLB ballparks, 49 of the 50 states and has visited over 500 breweries throughout the world with her husband Irv.
She is conversant in four languages, likes opera, football, traveling & pizza. She has visited 27 current MLB ballparks, 49 of the 50 states and has visited over 500 breweries throughout the world with her husband Irv.
About Colleen Carey
A graduate of the College of the Holy Cross, Colleen has worked for Morgan Stanley for over 5 years. She brings with her a
wealth of knowledge in the client service arena and has a passion for offering the highest level of assistance to the
Maddalena Group. Colleen also has volunteered for many years as a teacher of traditional Irish Dance in the Tri-State
area. Colleen resides in Allendale, NJ, with her husband and two children.
wealth of knowledge in the client service arena and has a passion for offering the highest level of assistance to the
Maddalena Group. Colleen also has volunteered for many years as a teacher of traditional Irish Dance in the Tri-State
area. Colleen resides in Allendale, NJ, with her husband and two children.
Contact Tony Maddalena
Contact Seth Marcus
Contact Donald I Levy
Contact Judith Battaglia
Contact Alexander S. Pugatch
Contact Walter Camas
Contact Eric Hill
Awards and Recognition
Barron's Top 250 Private Wealth Management Teams
2024-2025 Barron's Top 100 Private Wealth Management Teams (formerly referred to as Barron's Top 100 Private Wealth Management Teams, Barron's Top 50 Private Wealth Management Teams, Barron's Top 50 Private Wealth Advisory Teams) Source: Barrons.com (Awarded April 2024-2025). Data compiled by Barron's based on 12-month period concluding in Dec of the year prior to the issuance of the award.
Forbes Best-In-State Wealth Management Teams
2023-2025 Forbes Best-In-State Wealth Management Teams Source: Forbes.com (Awarded 2023-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award.
Forbes America's Top Wealth Advisors
2024-2025 Forbes America's Top Wealth Advisors Source: Forbes.com (Awarded 2024-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of the year the award was issued.
Barron's Top 1,200 Financial Advisors: State-by-State
2023-2025 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State) Source: Barrons.com (Awarded 2023-2025). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
Forbes America's Top Next-Gen Wealth Advisors
Forbes America’s Top Next-Gen Wealth Advisors Source: Forbes.com (Awarded Aug 2022) Data compiled by SHOOK Research LLC based on time period from 3/31/21 - 3/31/22.
5
Wealth Management
Global Investment Office
Portfolio Insights
This is a video content
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
Wealth Management for Athletes and Entertainers
Understanding the unique financial challenges of athletes and entertainers and how they differ from one profession to the next, we deliver the experience and resources you need to help create and implement a comprehensive, multigenerational wealth management plan based on your needs, values and aspirations.
- Investment Management
- Wealth Transfer & Philanthropy
- Private Banking Solutions
- Family Governance & Wealth Education
- Lifestyle Advisory
Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Ready to start a conversation? Contact The Maddalena Group today.
CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
1Morgan 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.
2Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
3Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
4Morgan 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.
5Morgan 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.
6When 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.
7Morgan 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.
8Morgan 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, charitable giving, philanthropic 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.
CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque 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 | Morgan Stanley
1Morgan 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.
2Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
3Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
4Morgan 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.
5Morgan 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.
6When 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.
7Morgan 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.
8Morgan 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, charitable giving, philanthropic 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.
CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque 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 | Morgan Stanley
CRC 4665150 (8/2025)
