Our Clients

We work primarily with Chief Executive Officers (CEOs) of public and private companies, their families and charitable entities, and a select group of nonprofit organizations. The vast majority of our clients have created their own wealth by either founding the enterprises they lead or by rising through the corporate ranks. Our clients have exceptional demands on their time and high expectations of their advisors. They look to us for an experienced perspective, access to world-class resources, and meticulous execution.

Our History and Approach

Our team has three decades of combined experience helping clients focus on the issues that impact their legacy the most. We spend time learning and understanding your investment, trust, tax, and estate objectives and special circumstances to develop a customized investment portfolio that is unique to each client and entity. We combine the vast resources of a global financial institution with the individualized attention of a boutique investment management firm to address the planning, governance, liability management and investing needs of ultra-high-net-worth families and enterprises. We are committed to working with our clients’ related advisors, including estate and wealth transfer agents, accountants, investment bankers, and other financial sponsors.

Our Mission

We are committed to helping wealthy families across generations and institutions create definable goals from complex financial situations. Our goal is to preserve and grow our clients’ financial, family, and social capital so that it can have the greatest positive impact today and for generations to come.
Capabilities
  • Comprehensive Wealth Planning
  • Investment Management
  • Open-Architecture Platform
  • Manager Selection
  • Proprietary Investment Opportunities
  • Pre-Liquidity Planning
  • Risk Management
  • Hedging Strategies
  • 10b5-(1) Programs
  • Family Governance & Wealth Education
  • Philanthropy Management
  • Sustainable & Responsible Investing
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*

About PWM

Founded in 1977, Private Wealth Management is the division of Morgan Stanley Wealth Management that is dedicated to serving the firm’s most affluent clients, including some of the world’s most accomplished entrepreneurs, executives and stewards of multigenerational wealth. Functioning as an exclusive investment boutique within a global financial firm, we deliver sophisticated solutions that leverage the intellectual capital and insight of Morgan Stanley’s substantial global resources. Drawing on a deep understanding of your financial life, our goal is to help you:
  • Manage investments with an unwavering focus on your financial strategy and personal goals
  • Create comprehensive, multigenerational wealth management plans based on your needs, challenges and the values that guide your life and legacy
  • Simplify financial complexity to help you achieve clarity and control
Private Wealth Management Highlights
  • Approximately 250 teams1  specialized in assisting individuals and families with $20MM+ in investable assets
  • Over $330 billion in AUM2
  • Comprising 26% of the Barron’s Top 100 Financial Advisors list for 20173
  • Direct access to ultra high net worth experts in philanthropy, family dynamics, wealth transfer, lifestyle advisory and other areas of interest to ultra high net worth families
1 Morgan Stanley Wealth Management, December 31, 2017
2 Morgan Stanley Internal Compensable Revenue Report, December 31, 2017
3 Barron’s Top 100 Financial Advisors, April 2017

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.
  • 5/22/2018 Tim Moore presents at the ACG's 16th Corporate Growth Awards Gala.
    ACG National Capital, the voice of the middle market, honored the DC metro region’s biggest deals, top dealmakers and fastest growing companies on May 22, 2018 at their 16th Corporate Growth Awards Gala. During this prestigious, annual event, ACG National Capital, the preeminent association for corporate professionals involved in middle-market growth, corporate development and M&A, recognized the deal teams and companies that drove regional corporate growth and deal activity this past year. Tim Moore, current ACG President, provided the opening remarks to kick off the awards ceremony.
    Click here for the press release!
  • 7/18/2017 Family Reach's Q&A with Just TRYAN IT's Chairman, Tim Moore.
    Family Reach is the proud distribution arm of JUST TRYAN IT, a distinguished nonprofit that raises awareness and funds for families battling cancer through children’s triathlons. Family Reach sat down with JUST TRYAN IT Chairman Tim Moore on July 18, 2017 for a Q&A on their partnership and how they are working together to help more families remain in their homes, put food on the table and safely travel to treatment.
    Click here for the full interview!
  • 11/17/2017 Appian Founder & CEO , Matt Calkins, Interview by ACG President Tim Moore
    Appian, which launched one of the most successful initial public offerings this year, is not your typical Silicon Valley technology startup- despite the company's CEO and founder, Matt Calkins, hailing from California. At the most recent ACG National Capital meeting, Tim Moore interviewed Calkins as to why he chose Northern Virginia for its headquarters and how the company has transformed since its days as a startup. Find out more here!
  • 9/13/2018 5 New Members have joined Family Reach Foundation's National Advisory Board, including our colleague, Tim Moore. Click here for the press release!

Location

1747 Pennsylvania Ave NW
Ste 900
Washington, DC 20006
US
Direct:
(202) 292-5413(202) 292-5413

Meet The McGowan and Moore Group

About Me

Drawing on over 30 years of experience working with ultra high net worth families, Terrance McGowan addresses the complex investment and wealth management challenges encountered by public and private company executives and nonprofit organizations. Terrance’s focus areas include pre-M&A and IPO personal planning, diversification of concentrated equity positions, trust and wealth transfer planning, tactical asset allocation, and alternative investment selection including ESG/SRI and Impact Investment strategies. He joined Morgan Stanley’s Private Wealth Management Division from Goldman Sachs, where he was a private client advisor for 12 years. Prior to Goldman Sachs, Terrance represented JP Morgan, Credit Suisse, and Bank of America Merrill Lynch in Washington, D.C. and New York.  

Terrance graduated from the University of Vermont with a B.S. in resource economics. He is currently on the Board of Signature Theater in Arlington, Virginia and is the former Chairman of the Network for Teaching Entrepreneurship-Greater Washington (NFTE). Terrance and his wife, Sue, live in Bethesda, Maryland with their two children.
Securities Agent: DC, WV, WI, VT, VI, VA, TX, SC, PA, OR, OH, NY, NV, NM, NJ, NC, MT, MO, MI, MD, MA, IN, IL, FL, DE, CT, CO, CA; Managed Futures; Transactional Futures/Commodities; General Securities Representative; Investment Advisor Representative
NMLS#: 1684364

About Me

Drawing upon 25 years of experience, Tim Moore provides holistic advice to ultra high net worth client families in the areas of strategic and tactical asset allocation, portfolio implementation, investment policy, diversification strategies for concentrated positions as well as wealth transfer and charitable planning strategies. Prior to joining Morgan Stanley, Tim represented Goldman Sachs Private Wealth Management for 12 years and The Private Bank at Bank of America for 11 years. 

Tim serves on the National Advisory Board of Family Reach, a non-profit organization dedicated to alleviating the financial burden of cancer. He serves as President and board member for the Association for Corporate Growth (ACG) National Capital Region, a leading authority on corporate growth in the Mid-Atlantic region.  Tim is also Chairman-Emeritus and a board member for JUST TRYAN IT, a non-profit organization that provides financial assistance to families with a child in cancer treatment.  

Tim graduated from Middle Tennessee State University with a B.B.A. in finance in 1992. Tim and his wife, Amy, live in Potomac, Maryland, with their two children. He is an avid runner, cyclist and triathlete, and volunteers as a coach for his children’s various sporting activities.
Securities Agent: DC, WV, WI, VT, VI, VA, TX, SC, PA, OR, OH, NY, NV, NM, NJ, NC, MT, MO, MI, MD, MA, IN, IL, FL, DE, CT, CO, CA; Managed Futures; Transactional Futures/Commodities; General Securities Representative; Investment Advisor Representative
NMLS#: 1657692

About Me

Alyson (Theobold) Russ provides holistic investment management advice to ultra high net worth individuals, family offices and institutional clients. Alyson joined Morgan Stanley from Goldman Sachs, where she began her career as a financial analyst with the largest Private Wealth Management team in Washington, DC.

Alyson graduated magna cum laude from the University of Maryland with degrees in finance and accounting and a minor in communication. She is a CFA® charterholder and a member of the CFA Institute and CFA Society of Washington, D.C. Alyson sits on the Junior Council for Children’s National Hospital and supports the Washington Jesuit Academy. Alyson lives in Washington, D.C. with her husband, C. Kyle, and enjoys practicing yoga, cooking and traveling.
Securities Agent: DC, WV, WI, VT, VI, VA, TX, SC, PA, OR, OH, NY, NV, NM, NJ, NC, MT, MO, MI, MD, MA, IN, IL, FL, DE, CT, CO, CA; Managed Futures; Transactional Futures/Commodities; General Securities Representative; Investment Advisor Representative
NMLS#: 1684996

About Me

Erin Moore Turner joined Morgan Stanley Private Wealth Management after 10 years at Goldman Sachs. Erin is the team’s Group Director providing leadership in the areas of ongoing operations, maintenance, and service for clients. Prior to entering the securities industry, Erin worked as a financial analyst for the National Academy of Sciences. Erin graduated from George Washington University with a Bachelor’s Degree in Business Administration. She has volunteered her time with several organizations including DC EITC Campaign and the Leukemia and Lymphoma Society.

Erin resides with her husband, Gray, and their dog in the Petworth neighborhood of D.C

About Me

Francesca Zelachowski is a Wealth Management Associate within Morgan Stanley Private Wealth Management. She works to cultivate relationships with clients by proactively identifying service opportunities to predict their exclusive needs. Prior to joining Morgan Stanley, Francesca worked at Goldman Sachs for five years as a Wealth Management Professional in the Washington DC Private Wealth Management division and as a legal analyst in the Securities Division at the firm’s New York headquarters.

She obtained her Masters of Science in Finance from Georgetown University and her Bachelor of Science in Business from Babson College. She is actively involved in volunteering efforts for children with special needs and is on the Youth Council for The Benedictine School. Francesca, her husband, Sean, and their son, Gavin, live in Rockville, Maryland.

About Me

Jason is a Wealth Management Analyst within Morgan Stanley Private Wealth Management. He joined the team with the Goldman Sachs analyst class before moving to Morgan Stanley. Jason aids Private Wealth Advisers in recommending and implementing strategic and tactical asset allocations, and continually monitors market conditions for client portfolios.

He graduated cum laude from the University of Virginia as a Jefferson Scholar with a Bachelor of Arts in Financial Economics and a minor in Leadership Studies. Outside the office, he enjoys playing in local sports leagues, attending concerts and fishing.
Economic and Market Perspectives

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The securities/instruments, investments and investment strategies discussed on this website may not be suitable for all investors. The appropriateness of a particular investment or investment strategy will depend on an investor's individual circumstances and objectives. The views and opinions expressed on this website may not necessarily reflect those of Morgan Stanley Smith Barney LLC (“Morgan Stanley”). This website and its associated content are intended for U.S. residents only.

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