About Us

The Spencer Group at Morgan Stanley is a comprehensive wealth management practice that strives to assist clients in achieving their financial and investment goals while at the same time building long-term relationships. These relationships are primarily with individuals, families and endowments. We understand that each client’s personal situation, financial condition, and life goals are different. Time is devoted to understanding each client’s specific goals, knowledge of investments and comfort level with risk. Our client-focused approach results in custom tailored strategies that allow us to meet the unique needs of each client. Asset management, asset allocation, retirement planning, insurance and lifestyle preservation are all key components of developing an effective strategy. This process is performed while leveraging the resources of one of the world’s premier global wealth management firms, Morgan Stanley. Our team prides itself on being accountable, responsive to clients and delivering service with the highest degree of integrity. We would look forward to working with you in achieving your financial goals.
Services Include
  • Financial Planning1
  • Retirement Planning2
  • Planning for Education Funding3
  • Endowments and Foundations4
  • 401(k) Rollovers
  • 529 Plans5
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*

Location

701 Town Center Dr
Suite 902
Newport News, VA 23606
US
Direct:
(757) 873-3300(757) 873-3300
Toll-Free:
(800) 338-8948(800) 338-8948

Meet The Spencer Group

About Me

Charles R. Spencer, Jr. is a Senior Vice President, Financial Advisor, Senior Portfolio Manager with Morgan Stanley in Newport News, VA. Charles entered the securities industry in 1963 with Mason & Co., predecessor to Legg Mason & Co. which by way of mergers is now Morgan Stanley Wealth Management. He was a former branch manager of Legg Mason’s Newport News branch and was a member of the Honorary Chairman’s Council.

Charles is the senior member of The Spencer Group and has provided individuals and families within the Commonwealth and beyond investment advice for many years. His primary responsibilities include equity selection for client portfolios, equity research for the team and managing client relationships. Charles works closely with his two sons, Charles R. “Tripp” Spencer, III and Edward G. S. “Ned” Spencer and one Senior Registered Associates, Ryann J. MacLuskie.

Charles is a native of Lynchburg, VA; graduated from Virginia Episcopal School (valedictorian), Washington & Lee University (Phi Beta Kappa, summa cum laude) and Rensselaer Polytechnic Institute (BME with honors).

He is an active member of the community having been past president of the Newport News Rotary Club, the board of Hampton Roads Academy, the board of Newport News Family YMCA and the board of the Peninsula Metropolitan YMCA. He is also past chairman of the investment committee for the Newport News Employees Retirement board as well as past chairman of the board itself. He has served on the endowment committees of the YMCA, Hampton Roads Academy, The Virginia Living Museum, and Christopher Newport University. He is also a member and elder of Hidenwood Presbyterian Church.

Charles is married to Anne and they have two children Tripp and Ned.
Securities Agent: VA, WA, UT, TX, TN, SC, PA, OR, OH, NY, NM, NJ, NC, MO, MD, LA, IN, IL, GA, FL, DE, DC, CT, CO, CA, AZ, AL; Managed Futures; General Securities Representative; Investment Advisor Representative
NMLS#: 1282932

About Me

Charles R. “Tripp” Spencer, III is a First Vice President, Financial Advisor, Senior Portfolio Manager and Financial Planning Specialist with Morgan Stanley Wealth Management in Newport News, VA. Tripp began his investment career in 1992 with predecessor firm Legg Mason Wood Walker, Inc. which through mergers became Morgan Stanley Wealth Management.

Tripp has worked with individuals and families since 1992 assisting them with investment, insurance and financial planning advice. As part of The Spencer Group his responsibilities include manager selection with the group’s Portfolio Management accounts, asset management, financial planning reviews and insurance reviews. Tripp works closely with his father, Charles R. Spencer, Jr. and his brother Edward G. S. “Ned” Spencer.

Tripp graduated from Hampton Roads Academy, Washington & Lee University, BA Economics and The College of William, MBA Finance and Marketing.

Tripp is a current member of the Rotary Club of Newport News and on the board of the Newport News Family YMCA. Tripp has served as the past board chair of St. Andrew’s Episcopal School, the Newport News Family YMCA, the Rotary Club of Denbigh and the Hampton Roads Academy Alumni Association. Tripp has served on the boards of Hampton Roads Academy, The Rotary Club of Newport News, and Transitions Family Violence Services. Tripp is also a current member of Hidenwood Presbyterian Church.

Tripp and his wife Katie have two children; Charlie and Anne Waverly.
Securities Agent: VA, WA, UT, TX, TN, SC, PA, OR, OH, NY, NM, NJ, NC, MO, MD, LA, IN, IL, GA, FL, DE, DC, CT, CO, CA, AZ, AL; Managed Futures; General Securities Representative; Investment Advisor Representative
NMLS#: 1253132

About Me

Edward G. S. “Ned” Spencer is a First Vice President, Financial Advisor and Senior Portfolio Manager with Morgan Stanley Wealth Management in Newport News, VA. Ned began his investment career in 1997 with predecessor firm Legg Mason Wood Walker, Inc. which through mergers became Morgan Stanley Wealth Management.

Ned has been counseling individuals and families since 1997 in the areas of retirement planning, education planning and estate planning goals. As a member of The Spencer Group his primary roles involve running financial planning analysis, manager selection with the team’s Portfolio Management accounts, and running the trading system for all of the managed accounts. Ned coordinates these efforts closely with his father, Charles R. Spencer, Jr. and his brother, Charles R. “Tripp” Spencer, III.

Ned graduated from Hampton Roads Academy, Washington & Lee University, BA Economics and Virginia Polytechnic Institute & State University, M Arch (Tau Sigma Delta).

Outside of work Ned is active in the local community. In 2012 he was awarded the Rotarian of the Year Award from his club, The Rotary Club of the Virginia Peninsula, where he has been an active member in the past, heading up its Community Service Committee. He is past President of the Hampton Roads Academy Alumni Association, past member of the Board of Trustees of Hampton Roads Academy, past Finance Chair of United Christian Ministries (Christopher Newport University) and a member of Hidenwood Presbyterian Church.

Ned and his wife Hilary have two children; Scott and Noelle.
Securities Agent: VA, WA, UT, TX, TN, SC, PA, OR, OH, NY, NM, NJ, NC, MO, MD, LA, IN, IL, GA, FL, DE, DC, CT, CO, CA, AZ, AL; Managed Futures; General Securities Representative; Investment Advisor Representative
NMLS#: 1270041

About Me

Series 7, 63 & 66 Licensed

HS - Riverview High School, Sarasota, Florida

BA - George Washington University
Investment and Market Perspectives

On the Markets

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
The Simple Six-Step Retirement Checkup

The Simple Six-Step Retirement Checkup

Given market volatility in 2018, checking in on your retirement plan may be one of the wisest New Year’s resolutions you can make.

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
Investing in Artificial Intelligence and Automation

Investing in Artificial Intelligence and Automation

AI is an exciting growth area, but the investing opportunities are not always obvious. Here’s how to integrate this theme into your portfolio.

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
A Parent's Guide to Talking to Your Kids About Money

A Parent's Guide to Talking to Your Kids About Money

Raising kids to be smart about money requires creating an environment where they are neither insecure, nor overconfident about family finances.

Business Planning

Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
  • Succession Planning
  • Business Planning
  • Retirement Plan Sponsors
  • Qualified Retirement Plans
  • Corporate Pension Funds
6 Keys to Building a Startup

6 Keys to Building a Startup

Entrepreneurs share ideas and learnings from the experience of starting a company.

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
Choosing an Environmental Charity

Choosing an Environmental Charity

There are a multitude of non-profits dedicated to helping protect the environment. Here’s how to choose where you want to give.

More from Morgan Stanley

OUTSMART VOLATILITY IN A MORGAN STANLEY MINUTE

OUTSMART VOLATILITY IN A MORGAN STANLEY MINUTE

“You may feel like a 1,000 point move in the Dow in a single day is unprecedented, but the reality is that it’s a 2 or 3% move down.” - Lisa Shalett, Chief Investment Officer, Wealth Management
Learn more about OUTSMART VOLATILITY IN A MORGAN STANLEY MINUTE
Morgan Stanley and Justin Rose: A Winning Team

Morgan Stanley and Justin Rose: A Winning Team

Morgan Stanley and our brand ambassador, PGA TOUR champion Justin Rose, share a set of core values and a common cause: giving books to children in need.
Learn more about Morgan Stanley and Justin Rose: A Winning Team
Sign Up for eDelivery

Sign Up for eDelivery

With eDelivery, you’ll have easy access to statements, trade confirmations, general correspondence and much more.
Learn more about Sign Up for eDelivery
Reserved | Living & Giving

Reserved | Living & Giving

Our complimentary program for eligible clients provides you and your family with access to exclusive offers and discounts from premium travel, automotive, health and wellness, and retail brands as well as curated insights from Morgan Stanley.
Learn more about Reserved | Living & Giving
Your Financial World. On the Go.

Your Financial World. On the Go.

With the Morgan Stanley Mobile App, you’ll have the freedom to manage your investments and instantly access a suite of personal cash management tools.
Learn more about Your Financial World. On the Go.
Access Morgan Stanley Online

Access Morgan Stanley Online

Morgan Stanley Online provides a comprehensive view of your assets and liabilities, projected income, breaking news, research and much more.
Learn more about Access Morgan Stanley Online
Ready to start a conversation? Contact The Spencer Group today.
Market Information Delayed 20 Minutes
1Morgan 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.

2Morgan 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.

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 (“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, charitable giving, philanthropic planning and other legal matters.

5Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.

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 suitable 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”) 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.


CRC 2019752 10/2018