Phone:
(248) 723-1843(248) 723-1843
The Rashty Group at Morgan Stanley
Direct:
(248) 723-1843(248) 723-1843
Our Mission Statement
Our mission is to help educate, empower, and guide our clients and their families through every stage of their financial life. We achieve this by leveraging a comprehensive combination of experience, resources, and passion for making a difference as we seek to help clients preserve and grow their wealth and legacy for generations to come.
Our Story and Services
Business owners and professionals face an ever-increasing set of demands and obligations requiring their focused attention. Work and life become complicated, which is why the Rashty Group is here to bring structure and order to your financial affairs.
We believe wealth is the ability to feel financially secure and free to live your chosen lifestyle. Our team of dedicated Financial Advisors works in concert with our clients to help them feel wealthy; whether that means helping them grow their hard-earned capital, or preserving what they’ve already accumulated.
The Rashty Group provides a broad range of services, from investment portfolio review and management, to cash flow management solutions, estate planning strategies, risk management, business succession planning, and 401k services. We are equipped to help serve business owners, families, and individuals with their financial plans, or to simply provide a second look.
We live to help our clients. If we can’t provide the potential solution, we will work to connect with the professional who can. We are honored to serve our clients as their dedicated Financial Advisors and would be grateful to do the same for you and your family.
We believe wealth is the ability to feel financially secure and free to live your chosen lifestyle. Our team of dedicated Financial Advisors works in concert with our clients to help them feel wealthy; whether that means helping them grow their hard-earned capital, or preserving what they’ve already accumulated.
The Rashty Group provides a broad range of services, from investment portfolio review and management, to cash flow management solutions, estate planning strategies, risk management, business succession planning, and 401k services. We are equipped to help serve business owners, families, and individuals with their financial plans, or to simply provide a second look.
We live to help our clients. If we can’t provide the potential solution, we will work to connect with the professional who can. We are honored to serve our clients as their dedicated Financial Advisors and would be grateful to do the same for you and your family.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Improving Your Performance
We leverage our position and our affiliates to source innovative strategies from among the most knowledgeable investment minds in the business. Employing rigorous due diligence to identify, evaluate and select each alternative investment product on our platform, we work to identify the managers that we believe are highly qualified to help our clients meet their objectives. Your choices will depend on your goals, objectives and risk tolerance.
The Rashty Group
We are a multigenerational and credentialed family wealth management practice who provides personalized guidance and an elevated standard of care for a select group of high and ultra-high-net-worth families, business owners, and corporate executives, both locally and around the country.
END OF YEAR CHECKLIST FOR YOUR FINANCES
As fall arrives, the changing of the season can be an ideal time to revisit your financial plans with fresh perspective. Ask yourself: What goals do you still need to tackle this year? And which ones do you want to pursue in 2025?
For your finances, there are a number of moves you can make in the final months of 2024 to help set yourself up for success in 2025 and beyond. Know the moves to consider before year-end to start 2025 potentially on the right track.
For your finances, there are a number of moves you can make in the final months of 2024 to help set yourself up for success in 2025 and beyond. Know the moves to consider before year-end to start 2025 potentially on the right track.
Tax Harvesting
Current U.S, Federal income tax law allows you to offset your capital gains with capitol losses you've incurred during that tax year, or with capital losses carried over from a prior tax year.
Withdrawing RMDs
Retirement savers who are 72 must start withdrawing funds from tax-advantaged retirement accounts. Make sure you talk to your tax advisor about required minimum distributions and how to potentially minimize your tax bill.
Converting Your Traditional IRA or 401(K) to a Roth
A Roth IRA conversion can be advantageous for individuals with large traditional IRA accounts who expect their future tax bills to stay at the same level or grow at the time they plan to start withdrawing from their tax-advantaged account.
Plan For Your Tax Return
Whether or not you live in a state with high taxes, consider how minimizing the impact of taxation on your portfolio can help you build and sustain your wealth over time.
Re-Visit Your Financial Plan
The end of the year us a good time to revisit your investment strategy and financial plan to help ensure your portfolio us still apportioned among stocks, fixed income, cash and other asset classes in a way that fits your goals and risk tolerance.
Plan Your Charitable and Holiday Giving
During the holidays, many feel the call to give back through charity. When making your gifting plans, you need to also decide whether you want to give cash, appreciated securities, or through a gift of your volunteer time.
Location
40701 Woodward Ave.
Ste 200
Bloomfield Hills, MI 48304
US
Direct:
(248) 723-1843(248) 723-1843
Meet The Rashty Group
Phone:
(248) 723-1815(248) 723-1815
Julie Luark
Senior Registered Client Service Associate
Phone:
(248) 723-1865(248) 723-1865
About Reuben Rashty
Reuben Rashty is in the business of helping people. As a successful professional, devoted husband, and committed father of four adult-children, Reuben knows that people are often too busy focusing on the job at hand to address their own financial matters. He has worked with a myriad of business owners, executives, and other professionals who spend countless hours working on their careers and businesses, only to never get around to important tasks such as creating a trust, developing an exit plan, or preparing for retirement. For many business owners, their business and personal affairs are so intertwined that they’re almost inseparable. Reuben is at his best when he’s helping these types of people help themselves.
Reuben is a Managing Director and Wealth Management Advisor in the Bloomfield Hills office of Morgan Stanley. As a former managing director of JP Morgan’s Private Bank in Michigan and also Fifth Third Bank, Reuben has a prestigious history of serving as his clients’ most trusted advisor. Along with his team of professionals, Reuben helps his clients develop comprehensive financial plans. Whether they want to review their goals, investment portfolio, insurance needs, 401k plan for their business, and more, Reuben and his team are ready to help. Even beyond his stated scope of services, Reuben is a problem solver and connector. With an abundance of professional relationships in Southeast Michigan and beyond, if Reuben can’t provide a solution himself, he will find someone else who can.
Engaging with a client starts with understanding the whole person: how did they get to where they are, what are they excited about in the future, what challenges must they overcome? Reuben and his team work in concert with their clients to develop a strategy that hopes for the best and is equipped for the worst. Finally, the plan must be executed and continuously reviewed as life presents new challenges and opportunities.
When he is not at work, Reuben is engaging with his community. He is on the Board of Detroit Public Television and on the Finance Committee of the Jewish Federation of Metropolitan Detroit. In his free time, Reuben enjoys spending time with his wife of 30 years. Together, they are avid walkers, and love traveling around the world together, enjoying fabulous wines.
Reuben is a Managing Director and Wealth Management Advisor in the Bloomfield Hills office of Morgan Stanley. As a former managing director of JP Morgan’s Private Bank in Michigan and also Fifth Third Bank, Reuben has a prestigious history of serving as his clients’ most trusted advisor. Along with his team of professionals, Reuben helps his clients develop comprehensive financial plans. Whether they want to review their goals, investment portfolio, insurance needs, 401k plan for their business, and more, Reuben and his team are ready to help. Even beyond his stated scope of services, Reuben is a problem solver and connector. With an abundance of professional relationships in Southeast Michigan and beyond, if Reuben can’t provide a solution himself, he will find someone else who can.
Engaging with a client starts with understanding the whole person: how did they get to where they are, what are they excited about in the future, what challenges must they overcome? Reuben and his team work in concert with their clients to develop a strategy that hopes for the best and is equipped for the worst. Finally, the plan must be executed and continuously reviewed as life presents new challenges and opportunities.
When he is not at work, Reuben is engaging with his community. He is on the Board of Detroit Public Television and on the Finance Committee of the Jewish Federation of Metropolitan Detroit. In his free time, Reuben enjoys spending time with his wife of 30 years. Together, they are avid walkers, and love traveling around the world together, enjoying fabulous wines.
Securities Agent: CO, DE, FL, GA, IL, MD, MI, NC, NJ, NM, NY, OH, OR, WA, WV, CT, TN, AL, AZ, CA; BM/Supervisor; General Securities Representative; Investment Advisor Representative
NMLS#: 821855
NMLS#: 821855
About Jacob Rashty
Jacob Rashty is a Financial Advisor at Morgan Stanley. He focuses on providing wealth management solutions to business owners in the metro Detroit area. Together with his partners, he helps affluent clients address their five biggest concerns: preserving their wealth, mitigating taxes, taking care of their heirs, ensuring their assets are not unjustly taken and charitable giving.
Jacob uses a consultative process to gain a detailed understanding of his clients’ deepest values and goals. He then employs customized recommendations designed to address each client’s unique needs and goals beyond simply investments.
Successful individuals and families work with Jacob to:
• Develop and implement a comprehensive wealth management plan to help them reach their financial dreams.
• Make smarter decisions in today’s uncertain political, economic and social environment.
• Obtain an independent second opinion from a top financial advisor in their community.
As an alumnus of the University of Michigan with a Bachelor of Arts in economics, Jacob continues to expand his learning. He speaks Hebrew, has traveled extensively throughout Israel and is knowledgeable about Israeli culture, customs and business practices. Previously, he ran a real estate management company in Ann Arbor, Michigan.
Jacob uses a consultative process to gain a detailed understanding of his clients’ deepest values and goals. He then employs customized recommendations designed to address each client’s unique needs and goals beyond simply investments.
Successful individuals and families work with Jacob to:
• Develop and implement a comprehensive wealth management plan to help them reach their financial dreams.
• Make smarter decisions in today’s uncertain political, economic and social environment.
• Obtain an independent second opinion from a top financial advisor in their community.
As an alumnus of the University of Michigan with a Bachelor of Arts in economics, Jacob continues to expand his learning. He speaks Hebrew, has traveled extensively throughout Israel and is knowledgeable about Israeli culture, customs and business practices. Previously, he ran a real estate management company in Ann Arbor, Michigan.
Securities Agent: TN, DC, OR, IL, CA, NY, TX, OH, NM, NC, MI, AL, MA, CT, NJ, MD, FL, CO, AZ; General Securities Representative; Investment Advisor Representative
NMLS#: 1894336
NMLS#: 1894336
Contact Reuben Rashty
Contact Jacob Rashty
Wealth Management
Global Investment Office
Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Are You Prepared for Tax Day?
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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
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
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Ready to start a conversation? Contact The Rashty Group today.
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
4Morgan Stanley Smith Barney LLC 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
5Morgan 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.
6Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
7Morgan 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.
8Morgan 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.
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
2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
4Morgan Stanley Smith Barney LLC 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
5Morgan 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.
6Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
7Morgan 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.
8Morgan 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.
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)
