Dane Runia, CPWA®, CFP®
Managing Director, Private Wealth Management
Phone:
(385) 268-7750(385) 268-7750
Industry Award WinnerOur Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals
Our Story and Services
As your Financial Advisors, we can help you define and strive to meet your goals by delivering a vast array of resources to you in the way that is most appropriate for how you invest and what you want to achieve. Working together we can help you to preserve and grow your wealth. You’ll have access to some of the world’s most seasoned and respected investment professionals, a premier trading and execution platform and a full spectrum of investment choices.
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 300 teams specialized in assisting individuals and families with $20MM+ in investable assets
- Over $1.2 trillion in AUM
- Comprising 26% of the Barron’s Top 100 Financial Advisors list for 2025
- 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, September 2025
Source: Barron's (Awarded March 2025) This ranking was determined based on an evaluation process conducted by Barron's for the period Oct 2023-Sept 2024. Neither Morgan Stanley Smith Barney LLC nor its Financial Advisors or Private Wealth Advisors paid a fee to Barron's to obtain or use the ranking. This ranking is based on an algorithm that includes client retention, industry experience, review of compliance records, firm nominations, and quantitative criteria, including assets under management and revenue generated for their firms. Investment performance is not a criterion. Rankings are based on the assessment of Barron's and may not be representative of any one client’s experience. This ranking is not indicative of the Financial Advisor’s future performance. Morgan Stanley Smith Barney LLC is not affiliated with Barron's. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved.
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.
Location
5255 North Edgewood Drive
Suite 275
Provo, UT 84604
US
Direct:
(385) 268-7750(385) 268-7750
Meet The Runia Group
Scott Runia, CIMA®
Managing Director
Phone:
(385) 268-7749(385) 268-7749
Tom Soffe, CFP
Director of Business Strategy, Assistant Vice President
Phone:
(385) 335-9667(385) 335-9667
Kim Davis
Senior Client Service Associate
Phone:
(385) 225-6271(385) 225-6271
Nikki Walker
Senior Client Service Associate
Phone:
(385) 223-2883(385) 223-2883
Weston Bench, CFP
Registered Client Service Associate
Phone:
(801) 995-8513(801) 995-8513
Leah Johnson
Client Service Associate
Phone:
(385) 268-7761(385) 268-7761
Jayne Smith
Private Wealth Management Associate, Assistant Vice President
Phone:
(385) 268-7762(385) 268-7762
About Dane Runia
Dane Runia is a leader of the Runia Group. Dane works closely with individuals and families who have attained extraordinary financial success, helping them preserve, transfer, and steward their wealth effectively. He looks to build lasting relationships that are squarely focused on each client's priorities and needs. Diligent and discreet, Dane directs tailored initiatives that harness the capabilities of his team and the wider firm to pursue client goals with forethought and purpose. He enjoys the dynamic nature of capital markets, refining the team's investment outlook relative to changing economic environments and themes. He strives to make clients lives easier and more fulfilling, embodying the service ethic that is an essential underpinning of the Runia Group's outreach.
Dane joined Morgan Stanley in 2021. He earned his B.S. in Business Finance from Brigham Young University. He is a CERTIFIED FINANCIAL PLANNER certificant, a designation awarded by the Certified Financial Planner Board of Standards, Inc. He also holds the Certified Private Wealth Advisor® (CPWA®) designation administered by the Investments & Wealth Institute (The Institute) and taught in conjunction with The University of Chicago Booth School of Business, as well as Series 7, 66 and 31 FINRA Registrations.
Dane was included in the Barron's Top 100 Financial Advisors list from 2019-2021 and in Barron's list of America's Top 1500 Financial Advisors State-by-State for 2019-2021 and 2023-2026. Financial Planning (formerly On Wall Street) named him in its Top 40 Advisors Under 40 in 2019, 2020, and 2021 and placed him as #1 on the list in each year. Financial Times named him in its 400 Top Financial Advisers in 2020.
Dane lives in Provo, Utah, with his wife Stacy and their four children. Active in his church, he also volunteers as a pilot with Angel Flight West, a nonprofit organization that arranges free, non-emergency air travel for children and adults with serious medical conditions and other compelling needs. In his free time, Dane enjoys basketball and a range of outdoor activities, including waterskiing, backpacking, endurance fitness events, and golf.
Disclosure:
2019-2021 Barron's Top 100 Financial Advisors
Source: Barrons.com (Awarded2019-2021). Data compiled by Barron's based on 12-month period concluding in Dec of the year prior to the issuance of the award.
2019-2026 Barron's Top 1,500 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,200 Financial Advisors: State-by-State)
Source: Barrons.com (Awarded 2019-2026). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
Dane joined Morgan Stanley in 2021. He earned his B.S. in Business Finance from Brigham Young University. He is a CERTIFIED FINANCIAL PLANNER certificant, a designation awarded by the Certified Financial Planner Board of Standards, Inc. He also holds the Certified Private Wealth Advisor® (CPWA®) designation administered by the Investments & Wealth Institute (The Institute) and taught in conjunction with The University of Chicago Booth School of Business, as well as Series 7, 66 and 31 FINRA Registrations.
Dane was included in the Barron's Top 100 Financial Advisors list from 2019-2021 and in Barron's list of America's Top 1500 Financial Advisors State-by-State for 2019-2021 and 2023-2026. Financial Planning (formerly On Wall Street) named him in its Top 40 Advisors Under 40 in 2019, 2020, and 2021 and placed him as #1 on the list in each year. Financial Times named him in its 400 Top Financial Advisers in 2020.
Dane lives in Provo, Utah, with his wife Stacy and their four children. Active in his church, he also volunteers as a pilot with Angel Flight West, a nonprofit organization that arranges free, non-emergency air travel for children and adults with serious medical conditions and other compelling needs. In his free time, Dane enjoys basketball and a range of outdoor activities, including waterskiing, backpacking, endurance fitness events, and golf.
Disclosure:
2019-2021 Barron's Top 100 Financial Advisors
Source: Barrons.com (Awarded2019-2021). Data compiled by Barron's based on 12-month period concluding in Dec of the year prior to the issuance of the award.
2019-2026 Barron's Top 1,500 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,200 Financial Advisors: State-by-State)
Source: Barrons.com (Awarded 2019-2026). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
Securities Agent: MT, MO, MN, MI, ME, MD, MA, LA, KY, KS, IN, IL, ID, IA, HI, GA, FL, DE, DC, CT, CO, CA, AZ, AR, AL, AK, MS, WY, WV, WI, WA, VT, VI, VA, UT, TX, TN, SD, SC, RI, PR, PA, OR, OK, OH, NY, NV, NM, NJ, NH, NE, ND, NC; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 510907
NMLS#: 510907
About Scott Runia
Scott is the founder of the Runia Group within Morgan Stanley and has been an advisor for nearly 37 years. Scott was recognized by Barron’s magazine as the number one financial advisor in Utah from 2010 through 2016.
After graduating from Brigham Young University with a degree in Finance, Scott played professional basketball in Europe. He returned to Utah in 1982 to begin his career in financial services. Over the course of his career Scott has provided wealth management strategies and services that cater to the needs of ultra-high net worth families. He is particularly skilled in investment management, wealth preservation and tax sensitive income strategies. Because of his breadth of experience, Scott has been able to build strong relationships with senior leaders across the firm including the heads of various businesses. This gives us a unique vantage point as a team, as it allows us to leverage our internal relationships in trading and research to get us optimal execution through our capital markets partners.
Scott holds the Certified Investment Management Analyst® designation (CIMA®) sponsored by the Investments & Wealth Institute™ (The Institute) at the Wharton School. Scott holds Series 7, 65, 63, 31, 5, and 8 FINRA Registrations.
In addition to waterskiing and other outdoor recreation, Scott and his wife Tammy stay active with their children and grandchildren, and by volunteering their time supporting local educational and religious organizations.
The Runia Group was named to the Barron's Top 50 Private Wealth Management Teams list in April 2020. Since coming to Morgan Stanley, Scott has been listed as one of Barron’s Top 1200 State-by-State Financial Advisors for 2023 and 2024.
2022-2024 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com (Awarded 2022-2024). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
After graduating from Brigham Young University with a degree in Finance, Scott played professional basketball in Europe. He returned to Utah in 1982 to begin his career in financial services. Over the course of his career Scott has provided wealth management strategies and services that cater to the needs of ultra-high net worth families. He is particularly skilled in investment management, wealth preservation and tax sensitive income strategies. Because of his breadth of experience, Scott has been able to build strong relationships with senior leaders across the firm including the heads of various businesses. This gives us a unique vantage point as a team, as it allows us to leverage our internal relationships in trading and research to get us optimal execution through our capital markets partners.
Scott holds the Certified Investment Management Analyst® designation (CIMA®) sponsored by the Investments & Wealth Institute™ (The Institute) at the Wharton School. Scott holds Series 7, 65, 63, 31, 5, and 8 FINRA Registrations.
In addition to waterskiing and other outdoor recreation, Scott and his wife Tammy stay active with their children and grandchildren, and by volunteering their time supporting local educational and religious organizations.
The Runia Group was named to the Barron's Top 50 Private Wealth Management Teams list in April 2020. Since coming to Morgan Stanley, Scott has been listed as one of Barron’s Top 1200 State-by-State Financial Advisors for 2023 and 2024.
2022-2024 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com (Awarded 2022-2024). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
Securities Agent: IN, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY, KS, AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 510902
NMLS#: 510902
About Tom Soffe
After earning his MBA from Brigham Young University in 2018, Thomas Soffe joined the Runia Group, where he provides assistance with reporting, research and financial analysis as well as business operations management. He holds the CERTIFIED FINANCIAL PLANNER™ (CFP®) designation, as well as his FINRA Series 7 and 66 registrations.
FL, GA, HI, IA, AK, NY, OK, OR, PA, RI, SC, PR, NE, NH, NJ, NM, NV, OH, SD, TN, TX, UT, VA, VT, WI,, WV, WY, VI, AL, AR, AZ, CA, CO, CT, DC, DE, ID, IL, IN, KS, KY, LA, MD, ME, MI, MN, MO, MS, MT, NC,, ND, WA, MA; General Securities Representative; Investment Advisor Representative
About Kim Davis
A graduate of Brigham Young University, Kim Davis joined the Runia Group at Merrill Lynch in 2000 and moved with the team to Morgan Stanley Private Wealth Management in 2021. Dedicated to providing an outstanding overall client experience, Kim supports the team’s advisors and clients across a broad range of operational and service responsibilities. She is registered with the FINRA Series 7, 63 and 65.
About Nikki Walker
Drawing on twenty-five years of financial services experience, Nikki Walker provides client relationship support, with a particular focus on liability management products and services. Nikki joined the Runia Group at Merrill Lynch and moved with the team to Morgan Stanley in 2021. She is registered with the FINRA Series 7 and 63.
About Weston Bench
Weston moved into the wealth management space in 2019 after two years of experience in the Securities Division of Goldman Sachs. As a wealth management professional, Weston focuses on operational efficiency and tailoring the client experience to meet specific needs. He joined the Runia group in 2021 and holds his FINRA Series 7, 63, and 65 licenses, as well as the CFP Designation.
About Leah Johnson
Leah has been in the finance industry under Morgan Stanley for 18 years. She is committed to providing an outstanding client experience as she supports a range of service and operational responsibilities. Leah joined the Runia Team in 2025.
About Jayne Smith
Jayne Smith, a Provo native, attended Brigham Young University. She has been a part of the Runia Group since 2013. Jayne is a private wealth specialist and provides service in all areas of client relationships. She is registered with the FINRA Series 7, 63 and 65.
Contact Dane Runia
Contact Scott Runia
Awards and Recognition
Barron's Top 100 Financial Advisors
2019-2021 Barron's Top 100 Financial Advisors Source: Barrons.com (Awarded 2019-2021). Data compiled by Barron's based on 12-month period concluding in Dec of the year prior to the issuance of the award.
Barron's Top 1,200 Financial Advisors: State-by-State
2019-2025 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State) Source: Barrons.com (Awarded 2019-2025). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
Barron's Top 1,500 Financial Advisors: State-by-State
2025-2026 Barron's Top 1,500 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,200 Financial Advisors: State-by-State, Barron's Top 1,000 Financial Advisors: State-by-State)Source: Barrons.com (Awarded 2025-2026). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
3
Wealth Management
Global Investment Office
Portfolio Insights
Managing Significant Wealth
- Investment Management
- Wealth Transfer & Philanthropy
- Cash Management & Lending
- Family Governance & Wealth Education
- Lifestyle Advisory
- Business Services
PWM Leadership Insights & Outcomes
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Insights and Outcomes
Thought Leadership for our ultra high net worth clients, which contains thought-provoking articles, authored by leading experts from Morgan Stanley Family Office Resources.
We look forward to discussing your needs and goals, and the exceptional resources we can place at your disposal.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Morgan 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.
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
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.
Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice. Visitors to this website 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.
Morgan Stanley Private Wealth Advisers may only transact business in states where they are registered or excluded or exempted from registration. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Morgan Stanley Private Wealth Advisers are not registered or excluded or exempt from registration.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
See the Financial Advisors Biographies for Registration and Licensing information.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.
Lifestyle Advisory Services: Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Private Bankers are employees of Morgan Stanley Private Bank, National Association.
Morgan 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
Awards Disclosures | Morgan Stanley
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Morgan 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.
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
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.
Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice. Visitors to this website 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.
Morgan Stanley Private Wealth Advisers may only transact business in states where they are registered or excluded or exempted from registration. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Morgan Stanley Private Wealth Advisers are not registered or excluded or exempt from registration.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
See the Financial Advisors Biographies for Registration and Licensing information.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.
Lifestyle Advisory Services: Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Private Bankers are employees of Morgan Stanley Private Bank, National Association.
Morgan 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
Awards Disclosures | Morgan Stanley
CRC 4677197 (7/2025)
