Welcome

As Morgan Stanley Private Wealth Advisors, we combine our own talents and experience with the vast resources of a global financial services firm to address the planning, governance, liability management and investing needs of ultra high net worth families, their businesses and philanthropic enterprises. We take a holistic approach that is grounded in investment strategy, but covers virtually every aspect of your financial life: risk management, liabilities, trusts and estate structures and even family dynamics and lifestyle management issues. Our goal is to help preserve and grow your financial, family and social capital so that it can have the greatest positive impact today and for generations to come.We look forward to learning more about you and your family, and discussing the resources we can place at your disposal.
Capabilities
  • Comprehensive Wealth Planning
  • Investment Management
  • Risk Management
  • Family Governance & Wealth Education
  • Philanthropy Management
  • Hedging Strategies
  • Pre-Liquidity Planning
  • 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.

Location

717 Texas Avenue
Suite 3050
Houston, TX 77002
US
Direct:
(713) 658-2776(713) 658-2776

Meet The Shine Group

About Me

David L. Shine, CIMA, Senior Vice President, is a native Houstonian with a 20 year financial advisory career that began with Merrill Lynch in 1994 and includes 12 years with UBS Financial Services and 4 years with Morgan Stanley. His principal client base is senior management and executives of Fortune 1000 companies, high net-worth individuals, and small business owners.

David is currently licensed with the NYSE, NASDAQ, and FINRA as a General Securities Representative in 24 U.S. states and territories, and registered as an Investment Advisor Representative. He is also licensed in 12 states as a General Lines Agent with Life, Accident, Health and HMO qualifications. David graduated from University of Houston, with a Bachelors of Business Administration (BBA) in Finance. He received his CIMA designation in 2004 from the Haas School of Business at the University of California, Berkeley.

David is on the Board of Directors for Bo’s Place, a bereavement center offering grief support to families who have lost a child or adult in their immediate family. He is also a Committee Member of the Houston Livestock Show and Rodeo.
Securities Agent: TX, UT, TN, SC, RI, PA, OR, NV, NJ, NC, MN, MD, IN, GA, FL, CO, CA, AZ; Managed Futures; General Securities Representative; Investment Advisor Representative
NMLS#: 1262262
CA Insurance License #: 0E23454

About Me

Stacy Langford, CFP, Consulting Group Analyst, is responsible for the technical analysis and evaluation of risk/return profiles, asset allocation models, manager search results, and performance reporting. As the teams lead analyst, Stacy receives regular updates, commentary and forecasts from a wide range of capital markets participants. Stacy has been with The Shine Group since January 2005 following her completion of the Financial Advisor training program at UBS Financial Services. She is currently licensed as a General Securities Representative, as an Investment Advisor Representative, and as a General Lines Agent with Life, Accident, Health and HMO qualifications. Stacy completed her B.B.A. in Marketing at the University of Houston, and her Certified Financial Planner training at Rice University.

About Me

Thayer "T. K." Morrow, CFP, Senior Registered Associate, is the teams senior account administrator. His financial services career began as a trainee with Morgan Stanley in 1999, followed by 8 years with UBS Financial Services. In 2003 he completed the Certified Financial Planner program through Rice University. He is currently licensed and registered as a General Securities Representative and Supervisor, as an Investment Advisor Representative, and as a Texas licensed General Lines Agent with Life, Accident, Health and HMO qualifications. T. K. is a graduate of the University of California, Berkeley with a B.A. in Architecture.
Economic and Market Perspectives

On the Markets

Managing Significant Wealth

  • Investment Management
  • Wealth Transfer & Philanthropy
  • Cash Management & Lending
  • Family Governance & Wealth Education
  • Lifestyle Advisory
  • Business Services
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Market Information Delayed 20 Minutes
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.

See the Financial Advisors Biographies for Registration and Licensing information.

Certified Financial Planner™ Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with flame logo)® in the U.S., which it awards to individuals who successfully complete CFP® Board's initial and ongoing certification requirements.

Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .

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