The Madison Group at Morgan Stanley

Phil started his investment career in 1990, offering a wide range of investment products and services to individual and corporate clients. In 1998, he decided to focus exclusively on providing investment management to long-term-minded individuals and their families. Seeing opportunities to add value for clients beyond investing, Phil set out to build a team with the mission of providing the full range of wealth management services to client families. The team was named The Madison Group in honor of Phil's grandfather, a banker who was recognized by the Madison Courier as the person who made the greatest contribution to the Madison community in the twentieth century.

The Madison Group has grown into a team of 12 professionals, each with different responsibilities and all sharing a commitment to excellence in client service. Phil continues to focus on building high-quality portfolios designed to provide tax-efficient wealth compounding. While the investment principles he learned from mentors more than thirty years ago serve as the foundation of his philosophy, The Madison Group’s wealth building process continues to evolve with the economy and investment environment.

Phil earned a BA degree in economics from DePauw University and is a CFA charter holder. He has been named a top financial advisor by both Forbes and Barron’s. Phil serves on the Trinity Foundation Board and lives in Louisville, KY with his wife Marie. They have three sons, the oldest two, Nathan and Phil 4, are members of the Madison Group. Their youngest, Ben, is a pilot for a charter company. Phil likes to say his sons are all in the business of helping people get to where they want to go--- via wealth building or an airplane. Marie and Phil enjoy traveling and spending time with their granddaughters, Nora and Sylvia, who call Phil “Poppy”.

Paul is a Certified Portfolio Manager (CPM^®), Portfolio Management Director, a Senior Vice President, and Financial Advisor at The Madison Group. Paul has over 28 years of experience in the investment industry. For the last 17 years, Paul has been with Madison Group at Morgan Stanley. His team has over $1 billion in AUM (assets under management) as of December, 2021. He works closely with families; managing their personal, retirement, trust and foundation assets. Paul is a member of the Portfolio Management Institute (PMI) and the Academy of Certified Portfolio Managers (ACPM) and has served on the board of directors for organizations. Paul served as Treasurer for both ACPM and PMI and served as President of PMI. Paul served on both the President’s Advisory Council and the Athletic Advisory Board at his alma mater Xavier University.

Paul resides in Northern Kentucky with his wife, Julie, and their children, Madison and Max. Paul enjoys family time, reading, running and being an active volunteer with his children’s academic and athletic endeavors. In 1998, Paul ran the Boston Marathon with his both his Dad and his brother. In 2017, he climbed Mount Kilimanjaro with his daughter Maddie.

With more than 25 years of experience as a Financial Advisor, Doug is a Family Wealth Director and Senior Portfolio Management Director at The Madison Group. He focuses on helping individuals and families understand, preserve and enhance their financial position so they may make more informed and confident decisions in achieving their long-term goals.

Upon graduating from Butler University with a B.S. degree in Finance within the Honors Program, Doug continued his studies, earning both his M.B.A. and M.S. in Strategic Finance at Indiana University Southeast, where he was invited to the Beta Gamma Sigma and Pinnacle Honor Societies. Doug began his career as a Financial Advisor with Hilliard Lyons in 1999 and subsequently joined Smith Barney, now Morgan Stanley, a year later. In 2005, Doug earned his CERTIFIED FINANCIAL PLANNER™ (CFP^®) certification from the Certified Financial Planner Board of Standards. His writings on personal finance have been published in Business First of Louisville.

Doug resides in Floyds Knobs, Indiana with his wife, Shannon, and their two daughters, Avery and Alex. He has served on the board of trustees and finance committee for Our Lady of Providence High School and has served on the board for the local chapter of the Juvenile Diabetes Research Foundation. In his free time, Doug enjoys spending quality time with family and friends, attending his daughter’s various activities, reading, listening to music, exercising, playing tennis, being outdoors & visiting just about any beach.

Joining The Madison Group as a Financial Advisor in 2010, Nathan is dedicated to helping professionals, retirees and multi-generational families solve their financial challenges. With an emphasis on financial planning, Nathan’s comprehensive approach includes a thorough planning process and a commitment to providing an exceptional client experience.

A graduate of Indiana University Bloomington with a B.A. degree in Economics, CERTIFIED FINANCIAL PLANNER™ (CFP^®) certification from the Certified Financial Planner Board of Standards in 2024. He works closely with his clients to bring clarity to the planning process by understanding their personal goals and values. Most importantly, he enjoys creating long-term client relationships to help them simplify their lives so they may pursue their passions.

Nathan lives in Louisville with his wife Alison and daughters Nora and Sylvia, where he enjoys the local parks, reading, writing, and being active in the community. Nathan is a runner and cyclist who enjoys training for races and adventures . He is a finisher of the Chicago Marathon, Ironman 70.3 Chattanooga, and the B.A.A. Boston Marathon.

Eric M. Scott is a CERTIFIED FINANCIAL PLANNER™ and a Certified Divorce Financial Analyst^® at The Madison Group at Morgan Stanley. He provides highly customized financial guidance and investment solutions to affluent individuals, families, and small business owners in Louisville, KY and across the country. Eric specializes in wealth management services to professionals in several industries, including financial services, healthcare, and professional sports. He is committed to long-term relationships and strives to deliver objective advice through exceptional “high touch” client service.

As a Financial Advisor, Eric combines two critical professional skills he has developed over the years: working effectively within a team environment and the ability to leverage his skills as a coach and a mentor. He educates his clients not only about the importance of protecting and growing their assets, but also on how to accomplish their goals in a tax- and risk-efficient manner. He joined Morgan Stanley in 2011 and became an integral team member of the Madison Group shortly thereafter.

Eric’s mission is to guide his clients on the growth and preservation of their assets, while providing for current income and cash flow needs. His comprehensive process is focused on articulating each client’s needs, goals, dreams and challenges. This information then serves as the foundation for the development and implementation of a custom financial plan, which can be easily adapted to respond to life changes.

Throughout his career, Eric has been committed to advanced learning for himself and his clients. After graduating from the University of Pennsylvania, Eric obtained his M.B.A. from Seton Hall, while working for the National Basketball Association. After working as a men’s assistant collegiate basketball coach for at the University of Louisville and Bellarmine University; Eric earned his CERTIFIED FINANCIAL PLANNER™ (CFP^®) designation from the Certified Financial Planner Board of Standards in 2014. In 2017, Eric earned the Certified Divorce Financial Analyst™ (CDFA^®) designation from the Institute for Divorce Financial Analysts and he is a regular guest speaker at various conferences across the country including the 2023 The Annual Meeting of the American Association of Hip and Knee Surgeons, 2016 International Congress for Joint Reconstruction, and the 2015 Transatlantic Orthopedic Congress.

Eric’s passion for helping his clients is equaled only by his dedication to his community and his family. He currently lives in Louisville, KY with his two children, Ella and Layla. When he’s not assisting clients or coaching youth sports, you can find him enjoying an active lifestyle with family and friends.

As an investment professional and Certified Financial Planner™ Mark strives first and foremost to understand his clients’ financial needs, wants, and wishes. From that understanding, meaningful goals can be identified, appropriate resources leveraged, and strategies developed. Mark is firmly committed to building long-term relationships and delivering exceptional service along the way.

Born and raised in Newport, KY, Mark graduated from Newport Central Catholic High School and is an alumnus of The University of Kentucky’s Gatton College of Business and Economics. While attending UK, Mark lettered four years in basketball, was a member of The Southeastern Conference’s Academic Honor Roll from 2007-2009, and was inducted into the UK Athletics’ Society of Character. In 2020, Mark completed his Certified Financial Planner™ program at Northwestern University.

Mark and his wife, Clare, have been married since 2013 and have been blessed with two sons, Kellan (9) and Vance (6). They reside in St. Matthews, right in the heart of Louisville.

Phil’s passion is helping clients invest over the long-term to improve financial freedom. He hopes that by pursuing his passion for investing he can help clients spend more time pursuing their own passion and less time worrying about money.

Phil joined the Madison Group in 2017 to develop and implement investment strategies for the group’s clients. Prior to joining the Madison Group, he worked at Guggenheim Partners in New York, NY for over four years on the High Yield Credit team. While at Guggenheim, Phil worked to invest in both public and private High Yield Bonds and Term Loans. For private investments, Phil worked alongside private equity firms to complete due diligence and finance Leveraged Buy-Outs.

Phil graduated magna cum laude from the University of Michigan with a B.S.E. in Engineering. While working at Guggenheim Partners, Phil earned his Chartered Financial Analyst^®® (CFA^®) designation. Phil developed a passion for travelling after studying abroad in Hong Kong. He continues to travel and has now been to over 20 countries.

Amy began working with the Madison Group in Cincinnati in 2016. Prior to her career at Morgan Stanley she worked in investments and banking for over ten years while obtaining her Personal Finance degree from Northern Kentucky University. She obtained her Certified Financial Planner designation in 2017. Amy thoroughly enjoys working with individuals and families specifically while preparing and enjoying their retirement years. Utilizing her knowledge and experience in college, retirement and estate planning strategies to help families achieve their financial dreams is what she values most in her career. Amy has won the 5 Star Award over the last 3 years, most recently in 2022.

Jeffrey A. Herold, CEP^®, CFP^®, CRPC^®, is a Senior Vice President with Morgan Stanley’s downtown Cincinnati office. Jeff’s clients include professionals, business owners, public company executives, and retirees. Jeff began his financial services career with the local office of an international accounting firm, and as a Certified Public Accountant (though he does not practice in that capacity as a financial advisor of Morgan Stanley) has worked in the fields of audit, tax, entrepreneurial, and education services. Prior to joining Morgan Stanley in 2009, Jeff spent ten years as a financial advisor with Merrill Lynch. Jeff also earned the Certified Equity Professional designation from the CEP^® Institute, a unit of the Executive Development Center of the University of Santa Clara. The CEP^® credential reflects advanced training in the field of equity compensation consulting. Jeff focuses on working with clients to create comprehensive wealth plans for asset and liability management, and that contain tax-advantaged strategies for income, retirement, estate, and equity compensation plans. Jeff served as a founding co-chair of the Development Board for StarShine Hospice of Cincinnati Children’s Hospital. Jeff is a graduate of the University of Kentucky where he graduated with a B.S. in accounting with distinction. Outside of the office, Jeff enjoys spending time on the golf course.

With more than 20 years of industry experience, Sandy has been a vital member of The Madison Group since joining the team in 2010. She works closely with clients in the overall management of special projects as well as complex administrative, operational and technical issues that often involve sophisticated techniques and business structures.

Starting as an Operations Generalist at Smith Barney (now Morgan Stanley) in 2000, Sandy has continuously worked hard over the years, growing and learning the ins and outs of the financial services industry. Over the course of her career, she has held the positions of Senior Assistant Operations Manager and Complex Administrator. Sandy is the Group Director for the team with her FINRA Series 3, 7, 9, 10, 63 and 65 securities licenses.

Drawing on more than 40 years of financial services experience, Tina is a Senior Registered Client Service Associate for The Madison Group. A member of Phil McCauley’s team since 1993, Tina is often the first line of contact for clients on a wide array of operational and administrative services. Several services she can assist with, include but are not limited to; opening new accounts, updating or assisting with existing accounts, requests for fund disbursements.

A 1985 graduate of Presentation Academy, Tina began her career in the Operations Department at Hilliard Lyons that same year. She currently holds her FINRA Series 7 and Series 63 securities licenses.

Tina resides in Louisville, Kentucky and has 3 children; Josh, Megan and Emma and 2 grandchildren, Houston and Jacob. In her leisure, Tina enjoys spending time with her family, long scenic drives, good movies, playing the piano and watching University of Kentucky men’s basketball.

As a Registered Client Service Associate, Carey has close to 10 years’ experience in the financial industry. Carey is passionate about engaging with people and creating connections. She provides Key administrative and operational support for clients at a high level of personal service.
Carey a native of Toronto, Canada now resides in Louisville, Kentucky with her husband Robert and her three children: Hollyn, Marin and Crew. Carey loves spending time with her family, reading, expressing her creativity with art and home improvement projects.

Yvonne is a Wealth Management Associate at Morgan Stanley Wealth Management in the downtown Cincinnati office. Yvonne’s responsibilities include new client onboarding, project management, and execution of trading strategies. Yvonne is dedicated to and consistently delivers an exceptional client service experience. In addition, Yvonne has completed the Morgan Stanley and Kaplan Schweser Financial Planning Associate training, reflecting credentialing in the fundamentals of wealth accumulation and management for high-net worth individuals. Previously, Yvonne was a Registered Client Associate for Merrill Lynch and a Registered Associate with Smith Barney in the Stock Plan Services Department, where she managed Employee Stock Purchase and Employee Stock Option Plans for corporate executive clients from over two-thousand companies. With over 20-years in the investment industry, she joined Morgan Stanley Wealth Management in 2009.

Yvonne currently holds her series 7, 63, 66 and 31 licenses.

Yvonne and her husband, Andy, a High School Principal, reside in Northern Kentucky, with their two teenage children Mary and AJ, and their two golden retrievers Abner and Burrow. Weekends are spent visiting their daughter at Western Kentucky University or watching their son run in Cross Country meets around the state. Yvonne and her family are avid fans of Cincinnati sports and enjoy cheering on the Reds, Bengals and FC Cincinnati. Outside of sports, she and her daughter are season ticket holders to Broadway in Cincinnati and are always looking forward to their next show!