Mark Alber, CFP®
Managing Director, Senior Portfolio Management Director, Workplace Advisor – Equity Compensation
Phone:
(631) 755-1607(631) 755-1607
The 58 Group at Morgan Stanley
Direct:
(631) 755-1630(631) 755-1630
Our Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals
About Us
The 58 Group at Morgan Stanley is a boutique advisory practice with a client-centric approach to deliver thoughtful, unbiased advice. Our clients are diverse and accomplished individuals, families, and businesses that have achieved considerable financial success. Our mission is to help each client protect what they have earned, simplify their financial life, and create a bespoke financial plan to achieve what they have worked their whole life to accomplish.
Our primary objective is to alleviate the inherent financial stress associated with achieving financial success by helping each client identify their financial goals and devising a comprehensive and detailed financial plan to achieve them. We take the time to understand what each client wants out of life, and we work diligently every day to help each client pursue their dreams and aspirations.
We strive to enhance the financial success of each of our clients by leveraging our collective experience and working collaboratively to develop comprehensive and holistic wealth planning solutions, while addressing and managing all aspects of each client’s financial life.
Our primary objective is to alleviate the inherent financial stress associated with achieving financial success by helping each client identify their financial goals and devising a comprehensive and detailed financial plan to achieve them. We take the time to understand what each client wants out of life, and we work diligently every day to help each client pursue their dreams and aspirations.
We strive to enhance the financial success of each of our clients by leveraging our collective experience and working collaboratively to develop comprehensive and holistic wealth planning solutions, while addressing and managing all aspects of each client’s financial life.
Services Include
- 401(k) Rollovers
- Executive Financial ServicesFootnote1
- Financial PlanningFootnote2
- LGBT+ Planning ServicesFootnote3
- Life InsuranceFootnote4
- Long Term Care InsuranceFootnote5
- Planning for Education FundingFootnote6
- Planning for Individuals with Special Needs
- Professional Portfolio ManagementFootnote7
- Retirement PlanningFootnote8
- Cash Management and Lending ProductsFootnote9
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Core Focus
At The 58 Group, we deliver a comprehensive suite of advisory services. Below are some of the main areas in which we spend most of our time helping clients.
Goals-Based Financial Planning
Comprehensive financial planning driving all financial decisions using conservative assumptions and embedding rigorous testing.
Ongoing assessment and comprehensive reporting.
Ongoing assessment and comprehensive reporting.
Discretionary Asset Management
Discretionary asset management driven by the client’s individual financial plan.
Tax Mitigation
Work with each client's tax preparer to implement tax mitigation strategies: income tax (income bucketing, Roth conversions and efficient income generation), investment tax (ex. tax-loss harvesting) and estate tax (federal and state).
Comprehensive Cash Management and Lending Services
Deliver MS world-class cash management capabilities through Platinum CashPlus (bill pay, full ATM/Wire reimbursement worlwide, cybersecurity strategy and credit protection, and access to AMEX Platinum card).
Manage liquidity through mortgage lending, off-balance sheet LAL (Liquidity Access Line) lending, securities-based lending, and capital call management.
Manage liquidity through mortgage lending, off-balance sheet LAL (Liquidity Access Line) lending, securities-based lending, and capital call management.
Asset Protection and Risk Mitigation
Formulate trust and estate strategy working with each client's estate attorney – CRTs (CRATs versus CRUTs), GRATs, SLATs, QPRTs and other estate-freezing tactics.
Asset titling assessment and review of core and ancillary estate documents.
Legacy and philanthropic planning (donor-advised fund, private foundation, etc.) and financial education of the next generation.
Design cost-effective insurance plan addressing life, long-term care, disability, HO/Umbrella and other P&C insurance.
Asset titling assessment and review of core and ancillary estate documents.
Legacy and philanthropic planning (donor-advised fund, private foundation, etc.) and financial education of the next generation.
Design cost-effective insurance plan addressing life, long-term care, disability, HO/Umbrella and other P&C insurance.
Approach
Discovery Process
Investing the time to learn about you and your family; your assets and liabilities and the risk exposures, enables us to formulate strategies and customize the relationship to your needs.
Formulation of Tax, Trust and Estate Strategy
Working with your tax and legal advisors, we help analyze your income and estate tax circumstances to identify and tailor planning techniques that may be used to address your objectives.
Creation of Customized Strategic Asset Allocation
Your customized asset allocation reflects risk, opportunities and taxation across multiple entities, while integrating your investing and estate plans.
Integration of Tactical Asset Allocation
Short-term adjustments seek to capitalize on temporary market distortions. Before making adjustments, we analyze the impact of taxes and trading costs on potential returns.
Implementation of a Customized Wealth Strategy
After comprehensive due diligence and analysis of expected results across multiple market scenarios, strategies are chosen from our expansive investment platform.
Ongoing Assessment
In coordination with your other advisors, we can conduct ongoing reviews and comprehensive reporting to ensure that your strategy adapts to changing financial and family needs.
PHILOSOPHY
Comprehensive financial planning drives all financial and investment decisions that we implement for our clients. Our initial client conversations are directed to specific, quantifiable goals to help preserve and grow current wealth, maintain and improve lifestyle, and ensure that all legacy and philanthropic ambitions are fulfilled in the most tax efficient manner.
Grounded in a disciplined, rational investment philosophy that has been tested over time, rather than emotional responses to market events or news headlines, our asset allocation-based approach is designed to help remove an element of unpredictability. We deliver to each client specific investment portfolio solutions, such as low-cost enhanced indexing, driven by his or her financial plan. We leverage the intellectual capital of Morgan Stanley, the Morgan Stanley Global Investment Committee, and third party research to make informed investment decisions for our clients.
Beyond one’s asset allocation as dictated by one’s financial plan, investor behavior is the dominant factor in lifetime investment return. Much of the advisory community is focused on selling prospective and current clients on investment timing and selection prowess, but miss the key point that over 95% of an investor’s lifetime investment return is driven by the investor’s behavior and willingness to follow a thoughtful financial plan and not the specific stock or bond he or she may own.
Grounded in a disciplined, rational investment philosophy that has been tested over time, rather than emotional responses to market events or news headlines, our asset allocation-based approach is designed to help remove an element of unpredictability. We deliver to each client specific investment portfolio solutions, such as low-cost enhanced indexing, driven by his or her financial plan. We leverage the intellectual capital of Morgan Stanley, the Morgan Stanley Global Investment Committee, and third party research to make informed investment decisions for our clients.
Beyond one’s asset allocation as dictated by one’s financial plan, investor behavior is the dominant factor in lifetime investment return. Much of the advisory community is focused on selling prospective and current clients on investment timing and selection prowess, but miss the key point that over 95% of an investor’s lifetime investment return is driven by the investor’s behavior and willingness to follow a thoughtful financial plan and not the specific stock or bond he or she may own.
RECOGNITIONS
By putting clients first, our team's Financial Advisors are leading the way.
Forbes America’s Top Next-Gen Wealth Advisors & Top Next-Gen Wealth 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.
Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Apr 2022) Data compiled by SHOOK Research LLC based on time period from 6/30/20 - 6/30/21.
Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Apr 2023) Data compiled by SHOOK
Research LLC based on the 12-month time period concluding in June of 2022.
Forbes Best-In-State Wealth Management Teams Ranking for 2024
Source: Forbes.com (Awarded Jan. 2024) Data compiled by SHOOK
Research LLC based on time period from 3/31/22–3/31/23.
Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Apr 2024) Data compiled by SHOOK
Research LLC based on time period from 6/30/22 - 6/30/23.
Forbes America’s Top Next-Gen Wealth Advisors & Top Next-Gen Wealth 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.
Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Apr 2022) Data compiled by SHOOK Research LLC based on time period from 6/30/20 - 6/30/21.
Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Apr 2023) Data compiled by SHOOK
Research LLC based on the 12-month time period concluding in June of 2022.
Forbes Best-In-State Wealth Management Teams Ranking for 2024
Source: Forbes.com (Awarded Jan. 2024) Data compiled by SHOOK
Research LLC based on time period from 3/31/22–3/31/23.
Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Apr 2024) Data compiled by SHOOK
Research LLC based on time period from 6/30/22 - 6/30/23.
Forbes Best-In-State Wealth Advisors
Mark Alber, CFP®, has been named as a Forbes Best-In-State Wealth Advisor for 2022.
View Forbes ListingForbes Best-In-State Wealth Advisors
Mark Alber, CFP®, has been named as a Forbes Best-In-State Wealth Advisor for 2023.
View Forbes ListingForbes Best-In-State Next-Gen Advisors
Mark Alber, CFP®, has been named to Forbes magazine "Best-In-State Next-Gen Advisors" for 2022.
View Forbes ListingForbes America’s Top Next-Generation Wealth Advisors
Mark Alber, CFP®, has been named to Forbes magazine “America’s Top Next-Generation Wealth Advisors” for 2022.
View Forbes ListingForbes Best-In-State Wealth Management Teams 2024
Named to the 2024 Forbes Best-In-State Wealth Management Teams Ranking
Source: Forbes.com (Awarded Jan. 2024). Data compiled by SHOOK Research LLC
based for the period from 3/31/22–3/31/23.
Awards Disclosures
View Forbes ListingSource: Forbes.com (Awarded Jan. 2024). Data compiled by SHOOK Research LLC
based for the period from 3/31/22–3/31/23.
Awards Disclosures
Forbes Best-In-State Wealth Advisors
Mark Alber, CFP®, has been named as a Forbes Best-In-State Wealth Advisor for 2024.
View Forbes Listing
Forbes Best-In-State Wealth Management Teams 2025
Named to the 2025 Forbes Best-In-State Wealth Management Teams Ranking
Source: Forbes.com (Awarded Jan 2025) Data Compiled By Shook Research LLC based On Time Period From 3/31/23-3/31/24. Awards Disclosures
View Forbes ListingSource: Forbes.com (Awarded Jan 2025) Data Compiled By Shook Research LLC based On Time Period From 3/31/23-3/31/24. Awards Disclosures
Glen Mahnken (1963-2024)
In memory of our beloved friend, mentor, and Partner: Glen Mahnken started his career as a financial advisor in 1994 and was a passionate advocate for his clients. Glen would often say, “I click my heels to work every day,” and his energy and love for being a financial advisor radiated throughout The 58 Group. He set the bar high on how to be a great financial advisor, but most importantly, a great human. Glen epitomized the best of The 58 Group, and made an indelible mark on our group through his tireless support of colleagues and commitment to clients, along with his dedication to championing the next generation of financial advisors. Beyond Glen’s role as a senior Partner with The 58 Group, he was a warm and welcoming presence at group gatherings, and a generous teammate and mentor.
Outside of work, Glen was a special friend to many – fun and funny, curious, engaging and always up for a challenge. Glen was the eternal optimist. He was the only person we know that had hundreds of “best friends”. He loved to go boating with his friends and family, offshore fishing, a fine dining experience, or a trip to Fire Island. Among the many notable things about Glen, his love for our country stood out. He was proud to be an American and had so much gratitude for the life he had until the day he died.
Glen was a mentor to financial advisors, was esteemed by his professional peers, and served as a trusted financial advisor to his clients for decades. Glen will be missed by everyone in The 58 Group and by our clients. He is remembered with great fondness for his bright financial mind and mentorship. The legacy of his countless contributions and devoted service to our group and our clients will endure. We miss him dearly and continue to be inspired by his remarkable talent, vision, and leadership. Glen will never be able to be replaced, but the best way we can honor his legacy is continuing to advise our clients with the highest degree of integrity and work ethic, just like he did. Rest in peace, our dear friend, Glen Mahnken.
Outside of work, Glen was a special friend to many – fun and funny, curious, engaging and always up for a challenge. Glen was the eternal optimist. He was the only person we know that had hundreds of “best friends”. He loved to go boating with his friends and family, offshore fishing, a fine dining experience, or a trip to Fire Island. Among the many notable things about Glen, his love for our country stood out. He was proud to be an American and had so much gratitude for the life he had until the day he died.
Glen was a mentor to financial advisors, was esteemed by his professional peers, and served as a trusted financial advisor to his clients for decades. Glen will be missed by everyone in The 58 Group and by our clients. He is remembered with great fondness for his bright financial mind and mentorship. The legacy of his countless contributions and devoted service to our group and our clients will endure. We miss him dearly and continue to be inspired by his remarkable talent, vision, and leadership. Glen will never be able to be replaced, but the best way we can honor his legacy is continuing to advise our clients with the highest degree of integrity and work ethic, just like he did. Rest in peace, our dear friend, Glen Mahnken.
Location
58 South Service Rd
Ste 400
Melville, NY 11747
US
Direct:
(631) 755-1630(631) 755-1630
Meet The 58 Group
Steven Tambone, CFP®, CEPA®
Senior Vice President, Wealth Management, Financial Advisor, Portfolio Management Director
Phone:
(631) 755-8904(631) 755-8904
Reuben Birnbaum, CRPC®
Senior Vice President, Branch Manager, Family Wealth Advisor, Senior Portfolio Manager
Phone:
(631) 755-8903(631) 755-8903
Felix Rivera
Investment Consultant
Phone:
(631) 755-8861(631) 755-8861
Chrissy Pecora
Business Development Associate
Phone:
(631) 755-8876(631) 755-8876
Nicholas Maggi
Financial Advisor, Financial Planning Specialist
Phone:
(631) 755-8965(631) 755-8965
Mark C. Dowd, CFP®
Assistant Vice President, Wealth Management, Wealth Management Associate
Phone:
(631) 755-8824(631) 755-8824
Tracey Meklaus
Portfolio Associate
Phone:
(631) 755-8858(631) 755-8858
Ariel Cruz
Registered Associate
Phone:
(631) 755-1658(631) 755-1658
Ryan McAdam
Registered Associate
Phone:
(631) 755-8822(631) 755-8822
About Mark Alber
Mark Alber, CFP®, is a Managing Director, Senior Portfolio Management Director and designated Workplace Advisor - Equity Compensation with Morgan Stanley, and the Founder and Managing Partner of The 58 Group at Morgan Stanley.
Mark relies on his financial and legal experience to advise his clients. He oversees: (i) financial planning matters, including, but not limited to, comprehensive cash management and lending solutions, insurance, estate and tax planning strategies; (ii) macroeconomic and market research; (iii) investment selection for client portfolios; and (iv) relationship management.
Mark and his group advise a diverse client base consisting of highly accomplished professionals and families ranging from entrepreneurs, attorneys, Wall Street professionals, property and casualty professionals to corporate executives. He has a particularly strong following among senior investment bankers, asset managers and investment research analysts, and he and his team are very experienced advising these professionals while navigating the applicable regulatory and compliance restrictions they typically endure.
Prior to joining Morgan Stanley, Mark practiced law (currently non-practicing) at the global law firm of Sidley Austin LLP, where he advised and counseled individuals and institutions on a myriad of transactional matters, including, but not limited to, financial products and tax. Mark earned his B.B.A in Finance, summa cum laude, and his Juris Doctorate degree (ranked #11 in his law school class), magna cum laude, from Hofstra University.
Outside of the office, you can find Mark exercising (typically between 4 and 5 a.m.), and most importantly, spending time with his wife, Courtney, and their three daughters.
Mark relies on his financial and legal experience to advise his clients. He oversees: (i) financial planning matters, including, but not limited to, comprehensive cash management and lending solutions, insurance, estate and tax planning strategies; (ii) macroeconomic and market research; (iii) investment selection for client portfolios; and (iv) relationship management.
Mark and his group advise a diverse client base consisting of highly accomplished professionals and families ranging from entrepreneurs, attorneys, Wall Street professionals, property and casualty professionals to corporate executives. He has a particularly strong following among senior investment bankers, asset managers and investment research analysts, and he and his team are very experienced advising these professionals while navigating the applicable regulatory and compliance restrictions they typically endure.
Prior to joining Morgan Stanley, Mark practiced law (currently non-practicing) at the global law firm of Sidley Austin LLP, where he advised and counseled individuals and institutions on a myriad of transactional matters, including, but not limited to, financial products and tax. Mark earned his B.B.A in Finance, summa cum laude, and his Juris Doctorate degree (ranked #11 in his law school class), magna cum laude, from Hofstra University.
Outside of the office, you can find Mark exercising (typically between 4 and 5 a.m.), and most importantly, spending time with his wife, Courtney, and their three daughters.
Securities Agent: OR, AZ, NY, MA, FL, TN, PA, DE, CA, AK, WA, VA, DC, NJ, AR, RI, ME, MD, KS, IN, CO, VT, SC, NV, NM, NH, NC, MN, KY, AL, TX, OH, MS, GA, WI, IL, CT; General Securities Representative; Investment Advisor Representative
NMLS#: 1262269
NMLS#: 1262269
About Steven Tambone
Steven Tambone, CFP®, is a Partner of The 58 Group at Morgan Stanley.
As a CERTIFIED FINANCIAL PLANNER™, Steve has a unique breadth and depth of industry knowledge and experience to serve the financial needs of individuals, families and small business owners. Relying on his extensive experience, his responsibilities for the group include implementing the group’s: (i) detailed financial planning process; (ii) high touch client service approach; (iii) client financial education; and (iv) investment selection for client portfolios.
Prior to his career as a financial advisor, Steve earned his bachelor’s degree in Business Administration from St. Joseph’s College, and his M.B.A degree in Personal Financial Planning from Molloy College.
Outside of the office, Steve enjoys golfing, cycling and spending time with his wife and children. Previously, Steve was a mentor with Big Brothers Big Sisters of Long Island for over 7 years.
As a CERTIFIED FINANCIAL PLANNER™, Steve has a unique breadth and depth of industry knowledge and experience to serve the financial needs of individuals, families and small business owners. Relying on his extensive experience, his responsibilities for the group include implementing the group’s: (i) detailed financial planning process; (ii) high touch client service approach; (iii) client financial education; and (iv) investment selection for client portfolios.
Prior to his career as a financial advisor, Steve earned his bachelor’s degree in Business Administration from St. Joseph’s College, and his M.B.A degree in Personal Financial Planning from Molloy College.
Outside of the office, Steve enjoys golfing, cycling and spending time with his wife and children. Previously, Steve was a mentor with Big Brothers Big Sisters of Long Island for over 7 years.
Securities Agent: PA, FL, SC, NV, KS, AZ, AL, TX, OH, OR, NY, NH, MS, MN, DE, AR, VA, IN, NC, WA, WI, RI, IL, CT, TN, DC, MA, GA, CA, AK, NM, NJ, MD, KY, CO, VT; General Securities Representative; Investment Advisor Representative
NMLS#: 1189818
NMLS#: 1189818
About Reuben Birnbaum
Reuben Birnbaum, CRPC®, is a Partner of The 58 Group at Morgan Stanley.
As a CHARTERED RETIREMENT PLANNING COUNSELOR™, Family Wealth Advisor and Portfolio Manager at Morgan Stanley, Reuben has helped clients address their financial concerns and develop sound strategies by focusing on each individual's specific needs for over 20 years. Relying on his extensive experience, his responsibilities for the group include: (i) coordinating the operational efficiencies of the entire group; (ii) portfolio management idea generation; and (iii) employee mentoring.
Prior to his extensive career as a financial advisor, Reuben earned a B.B.A. in Finance from SUNY New Paltz, and he holds the Series 7, 63, 65, 9, 10 registrations.
Reuben resides in the Melville, LI area, and he and his wife have 4 children. They are very active in the Special Needs community.
As a CHARTERED RETIREMENT PLANNING COUNSELOR™, Family Wealth Advisor and Portfolio Manager at Morgan Stanley, Reuben has helped clients address their financial concerns and develop sound strategies by focusing on each individual's specific needs for over 20 years. Relying on his extensive experience, his responsibilities for the group include: (i) coordinating the operational efficiencies of the entire group; (ii) portfolio management idea generation; and (iii) employee mentoring.
Prior to his extensive career as a financial advisor, Reuben earned a B.B.A. in Finance from SUNY New Paltz, and he holds the Series 7, 63, 65, 9, 10 registrations.
Reuben resides in the Melville, LI area, and he and his wife have 4 children. They are very active in the Special Needs community.
Securities Agent: WY, WV, WA, VT, VI, UT, TX, TN, SC, RI, PR, PA, OR, OK, OH, NV, NM, NJ, NH, NE, ND, NC, MT, MS, MO, NY, MN, MI, MD, MA, LA, KY, KS, SD, IN, IL, ID, VA, IA, HI, GA, WI, FL, DE, DC, CT, CO, CA, AZ, AR, AL, AK, ME; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1301175
NMLS#: 1301175
About Felix Rivera
As an integral member of The 58 Group, Felix Rivera is responsible for relationship management, financial planning, portfolio management and strategic partner initiatives.
Felix is a millennial that understands the power of investing early and is passionate about empowering, educating, and helping other millennials' plan for their future to achieve their long-term financial goals. As a first generation American, Felix gained an appreciation for sound financial advice by watching his parents keep a small business afloat amidst many recessions and market crashes.
Felix is a graduate of CUNY Baruch College and holds Series 7 and 66 Licenses. He resides in New York City and enjoys exercising, cheering for his favorite sport teams, spending time with family and friends, and being an active member of his local Latino community.
Felix is a millennial that understands the power of investing early and is passionate about empowering, educating, and helping other millennials' plan for their future to achieve their long-term financial goals. As a first generation American, Felix gained an appreciation for sound financial advice by watching his parents keep a small business afloat amidst many recessions and market crashes.
Felix is a graduate of CUNY Baruch College and holds Series 7 and 66 Licenses. He resides in New York City and enjoys exercising, cheering for his favorite sport teams, spending time with family and friends, and being an active member of his local Latino community.
About Chrissy Pecora
As a Business Development Associate and integral member of The 58 Group, Chrissy brings a fresh perspective, determination, and work ethic. She is responsible for relationship management, financial planning, portfolio management and strategic partner initiatives. Chrissy is passionate about educating and enabling individuals, families, and business owners to help achieve their long-term financial goals by thoroughly understanding their needs. She is committed to long-term relationships and strives to deliver advice through exceptional client service.
Chrissy graduated a year early Magna Cum Laude from The University of Connecticut’s School of Business with a Bachelor of Science in Business Management and a minor in Economics. She currently holds her Series 7 and Series 66 licenses.
Chrissy currently resides in Westchester, NY. Outside of the office, she enjoys playing tennis and spending time with her family and friends.
Chrissy graduated a year early Magna Cum Laude from The University of Connecticut’s School of Business with a Bachelor of Science in Business Management and a minor in Economics. She currently holds her Series 7 and Series 66 licenses.
Chrissy currently resides in Westchester, NY. Outside of the office, she enjoys playing tennis and spending time with her family and friends.
About Nicholas Maggi
Nick joined The 58 Group at Morgan Stanley in 2022. As a Financial Advisor and Financial Planning Specialist, he takes a comprehensive approach to helping individuals, families and business owners seek to achieve their financial goals. By thoroughly understanding their needs, he helps deliver tailored strategies and financial plans to clients. His responsibilities to the practice include business development, financial planning, corporate retirement solutions, relationship management, and portfolio management.
Nick graduated Magna Cum Laude from Northeastern University’s D’Amore McKim School of Business, with a BSBA in Finance and Accounting. Prior to joining Morgan Stanley, he gained professional experience through Northeastern’s co-op program, with roles at Bain Capital and Wellington Management. He currently holds his Series 7, Series 66, and New York State Life, Accident, and Health Insurance licenses.
Nick currently resides in Brooklyn, NY. Outside of work, he enjoys spending time on the golf course, running, attending New York sporting events, and exploring the culture of New York City.
Securities Agent: CO, MS, PR, OH, NV, NH, MD, RI, PA, NM, KY, KS, AL, WA, VA, SC, NC, MA, IN, AR, NE, MN, CA, VT, NY, NJ, ND, FL, DC, AZ, AK, WI, HI, TN, GA, DE, OR, UT, TX, ME, IL, CT, WV, SD; General Securities Representative; Investment Advisor Representative
NMLS#: 2488510
Nick graduated Magna Cum Laude from Northeastern University’s D’Amore McKim School of Business, with a BSBA in Finance and Accounting. Prior to joining Morgan Stanley, he gained professional experience through Northeastern’s co-op program, with roles at Bain Capital and Wellington Management. He currently holds his Series 7, Series 66, and New York State Life, Accident, and Health Insurance licenses.
Nick currently resides in Brooklyn, NY. Outside of work, he enjoys spending time on the golf course, running, attending New York sporting events, and exploring the culture of New York City.
Securities Agent: CO, MS, PR, OH, NV, NH, MD, RI, PA, NM, KY, KS, AL, WA, VA, SC, NC, MA, IN, AR, NE, MN, CA, VT, NY, NJ, ND, FL, DC, AZ, AK, WI, HI, TN, GA, DE, OR, UT, TX, ME, IL, CT, WV, SD; General Securities Representative; Investment Advisor Representative
NMLS#: 2488510
Securities Agent: CO, MS, PR, OH, NV, NH, MD, RI, PA, NM, KY, KS, AL, WA, VA, SC, NC, MA, IN, AR, NE, MN, CA, VT, NY, NJ, ND, FL, DC, AZ, AK, WI, HI, TN, GA, DE, OR, UT, TX, ME, IL, CT, WV, SD; General Securities Representative; Investment Advisor Representative
About Mark C. Dowd, CFP®
As an integral member of The 58 Group, Mark Dowd, CFP® is responsible for relationship management, financial planning, and portfolio management.
As a holder of the CERTIFIED FINANCIAL PLANNER™ designation, Mark has successfully completed the rigorous education, examination, experience, and ethics training required by the Certified Financial Planner™ Board of Standards, an independent professional regulatory organization. Mark utilizes the knowledge gained from the examination process to help create individualized financial plans tailored to each client and his or her particular needs.
Mark is a graduate of University of Delaware where he earned a B.B.A. in Finance, and was a member of Sigma Nu Fraternity.
He currently resides in East Northport, NY with his wife, Kim and son, Jack. He enjoys golfing, fishing, and hosting barbecues with friends and family.
As a holder of the CERTIFIED FINANCIAL PLANNER™ designation, Mark has successfully completed the rigorous education, examination, experience, and ethics training required by the Certified Financial Planner™ Board of Standards, an independent professional regulatory organization. Mark utilizes the knowledge gained from the examination process to help create individualized financial plans tailored to each client and his or her particular needs.
Mark is a graduate of University of Delaware where he earned a B.B.A. in Finance, and was a member of Sigma Nu Fraternity.
He currently resides in East Northport, NY with his wife, Kim and son, Jack. He enjoys golfing, fishing, and hosting barbecues with friends and family.
About Tracey Meklaus
Tracey is an integral part of The 58 Group delivering the family office advisory model to the group’s clients. Her role transcends all facets of client onboarding and service, client education, financial planning, portfolio management and relationship management. Tracey holds the Series 7, 63, and 66 licenses.
Tracey has extensive experience in the financial services industry. She began work in the industry on the floor of the New York Stock Exchange, as a Trading Assistant for Credit Suisse, and Goldman Sachs, before transitioning into a client service role in wealth management. Tracey received a bachelor’s degree in Business Management from Binghamton University and an M.B.A degree in Finance from Fordham University.
Outside of the office, Tracey is a member of the International Professional Business Fraternity of Delta Sigma Pi, volunteers at Make-A-Wish, and Ronald McDonald House.
Tracey has extensive experience in the financial services industry. She began work in the industry on the floor of the New York Stock Exchange, as a Trading Assistant for Credit Suisse, and Goldman Sachs, before transitioning into a client service role in wealth management. Tracey received a bachelor’s degree in Business Management from Binghamton University and an M.B.A degree in Finance from Fordham University.
Outside of the office, Tracey is a member of the International Professional Business Fraternity of Delta Sigma Pi, volunteers at Make-A-Wish, and Ronald McDonald House.
About Ariel Cruz
Ariel is an integral part of The 58 Group delivering the family office advisory model to the group’s clients. His role transcends all facets of client onboarding and service, client education, financial planning, portfolio management and relationship management.
Ariel has always led his peers by setting the bar high for achievement. His burning passion for the financial markets inspired him to pursue a bachelor’s degree in Finance along with a minor in Economics from CUNY Baruch College. He currently holds his Series 7, 66, and New York State Life, Accident, and Health insurance licenses.
Ariel resides in Suffolk County, NY. During his free time he enjoys participating in outdoor activities, exercising, watching sports and spending quality time with his family and friends.
Ariel has always led his peers by setting the bar high for achievement. His burning passion for the financial markets inspired him to pursue a bachelor’s degree in Finance along with a minor in Economics from CUNY Baruch College. He currently holds his Series 7, 66, and New York State Life, Accident, and Health insurance licenses.
Ariel resides in Suffolk County, NY. During his free time he enjoys participating in outdoor activities, exercising, watching sports and spending quality time with his family and friends.
About Ryan McAdam
Ryan is an integral part of The 58 Group delivering the family office advisory model to the group’s clients. His role transcends all facets of client onboarding and service, client education, financial planning, portfolio management and relationship management.
After graduating SUNY Old Westbury with a B.B.A in Accounting, Ryan transitioned to the financial field and obtained his Series 7 & 66 licenses.
Ryan currently resides in Suffolk County, NY with his wife. In his free time, Ryan plays with a local band throughout Long Island, as well as enjoys spending time with family & friends, traveling and golfing.
After graduating SUNY Old Westbury with a B.B.A in Accounting, Ryan transitioned to the financial field and obtained his Series 7 & 66 licenses.
Ryan currently resides in Suffolk County, NY with his wife. In his free time, Ryan plays with a local band throughout Long Island, as well as enjoys spending time with family & friends, traveling and golfing.
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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by 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 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.
3Morgan 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.
4Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
5Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
7Morgan 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.
8When 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.
9Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
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 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.
3Morgan 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.
4Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
5Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
7Morgan 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.
8When 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.
9Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
