The Vector Group

Our clients work with us because we understand them. Most of us have been leaders in other related fields before coming together as The Vector Group. Between us in our former roles, we’ve structured over $9 billion in complex financing for public entities, we’ve created proprietary trading products such as one of the country’s first stripped bond programs, and we’ve made three different successful exits from closely held companies. Our clients know that we’ve been in their shoes and that everything we do is tailored to meet their needs.

Our Focus and Strengths

·Transparency

- We strive to help our clients to have complete visibility into all of their
investments and how they work and related costs

- Present a clear path and timeline of how the steps in the investment process
work

·Connectivity

- We make our entire network available for the use and benefit of our clients,
as appropriate

- Access to thought leaders and experts across a wide spectrum

·Transcendence

- Helping our clients to move beyond the numbers and determine what role they
play in the investment process

- Help connect life goals with investment targets
Check the background of Our Firm and Investment Professional 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.

Awards

  • M. David Sherrill Named to Forbes Magazine's List of America's Best-in-State Wealth Advisors
  • M. David Sherrill Named to The Financial Times’ “Top 400 Financial Advisors”

Location

1290 Ave Of Americas
12th Fl
New York, NY 10104
US
Direct:
(212) 893-7516(212) 893-7516

Meet The Vector Group

About Me

David Sherrill’s Wall Street career started in 1984 at a predecessor firm to Morgan Stanley – Smith, Barney, Harris, Upham and Co., Inc. His work in the investment banking world included structuring over $6 billion in complex financing for public entities in the airline and resource recovery industries. Specific projects included portfolio protection strategies for institutional investors during the infancy of this field.

In 1988, Mr. Sherrill joined Shearson Lehman Brothers (another predecessor firm) to start a financial advisory business. Today his clientele includes individuals, family trusts, charitable institutions, corporate entities and foundations. As one of the founding members of The Vector Group at Morgan Stanley, his focus includes financial planning, portfolio management, equity investing, risk assessment and alternative investments.

Mr. Sherrill is a CFA® Charterholder and has the designation of Chartered Market Technician (CMT®). With these advanced credentials, he analyzes investment opportunities for portfolio construction including strategic and tactical moves.

His education includes a B.S. in mathematics from the University of California, Berkeley. His passions include his family, music, history, backgammon and wine. He is very active in philanthropic pursuits including those aiding children in need, journalism and the arts. He has served on several eleemosynary boards including the New York Society for the Prevention of Cruelty to Children, the New England Historic Genealogic Society and the California Jazz Conservancy.

Mr. Sherrill has been a guest speaker on “Bloomberg Rewind” and named to The Financial Times’ “Top 400 Financial Advisors” in 2013. He has also been named to Forbes Magazine's inaugural list of "America's Best-in-State Wealth Advisors" in 2018 and 2019

Technical analysis is the study of past price and volume trends of a security in an attempt to predict the security's future price and volume trends. Its limitations include but are not limited to: the lack of fundamental analysis of a security's financial condition, lack of analysis of macro economic trend forecasts, the bias of the technician's view and the possibility that past participants were not entirely rational in their past purchases or sales of the security being analyzed. Investors using technical analysis should consider these limitations prior to making an investment decision.

Source: The Financial Times “Top 400 Financial Advisors,” April, 2013.   Criteria are based, in part, upon data gathered from and verified by Morgan Stanley as well as qualitative and quantitative criteria, including but not limited to, assets under management, asset growth, compliance records, and experience.  Morgan Stanley Financial Advisors were nominated by Morgan Stanley.  The rating may not be representative of any one client’s experience and is not indicative of the Financial Advisor’s future performance.  Neither Morgan Stanley Smith Barney LLC nor its Financial Advisors or Private Wealth Advisors pays a fee to The Financial Times in exchange for the rating.

The investments listed may not be suitable for all investors. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, and encourages investors to seek the advice of a financial advisor. The appropriateness of a particular investment will depend upon an investor's individual circumstances and objectives.
Securities Agent: AL, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IL, KS, LA, MA, MD, ME, MI, MN, MO, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, VT, WA, WI; Investment Advisor Representative; General Securities Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1253049

About Me

For the past 35 years, Michael Belsky has aimed to limit volatility for his clients in the financial services industry.  He has extensive experience in fixed income with a focus on bond asset allocation models and credit strategies.
Prior to joining Morgan Stanley in 2008, Mr. Belsky served as Associate Director with Bear, Stearns & Co. Inc. and Senior Vice President at PNC Bank, which he joined in 1999. Previously, he was a co-founder and senior partner at Atlantic Group Securities, where he worked from 1984 to 1999, and was responsible for the firm's government trading desk as well as the structuring, funding and placement of debt issues throughout the United States.  Mr. Belsky helped structure proprietary trading products such as one of the country’s first stripped bond programs as well as put features for local banks’ municipal portfolios. Additionally, his responsibilities included management and development of bond portfolios for the firm’s clients.
As a founding member of The Vector Group, Mr. Belsky’s clients rely on his experience in the fixed income world to unearth value in debt securities. Mr. Belsky has developed a unique approach to bond portfolio structure that involves target-duration as well as yield-curve positioning and is often called to speak about management and income strategies. 
Mr. Belsky received a B.S.B.A. from the University of Denver and actively mentors recent graduates on various business skills. He has a passion for children’s causes and has three adult children.
Securities Agent: AL, AZ, CA, CO, CT, DC, DE, FL, GA, IL, KS, LA, MA, MD, ME, MI, MN, MO, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, VT, WA, WI; Investment Advisor Representative; General Securities Representative; Managed Futures
NMLS#: 1261923

About Me

Daniel Sheldon joined Morgan Stanley in 2015 after graduating cum laude from Marist College receiving a Bachelor of Science degree in Business Administration with concentrations in Finance and International Business as well as a Bachelor of Arts degree in Economics. His primary responsibilities with The Vector Group at Morgan Stanley include trade execution, market research, and portfolio analysis. 
During his tenure at Marist College, Mr. Sheldon played Division I baseball while also participating in the school’s Investment Practicum program, actively managing a portion of the institution’s endowment. He was elected as President and Lead Economist of the school’s Equity Fund as a junior and transitioned into the same roles of the college’s Fixed Income Fund the following year. Additionally, he was elected President of Marist College’s Investment Club, a title he held throughout his senior semesters.
Mr. Sheldon is registered with the Financial Industry Regulatory Authority (FINRA) holdings his Series 7 and Series 66 licenses.
Securities Agent: AL, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IL, KS, LA, MA, MD, ME, MI, MN, MO, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, VT, WA, WI; Investment Advisor Representative; General Securities Representative
NMLS#: 1501578
Professional Insights

Vector Multi Asset 1Q 2018


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
Successfully Staffing Your Home

Successfully Staffing Your Home

By adopting more professional approaches to hiring, training and retaining staff, you can more easily maintain a well-run and harmonious home.

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.
Art as An Asset
CRC 2274738 01/19

Art as An Asset

Art may play a significant role in the context of a collector's overall wealth. Generally, a collector may differentiate financial assets, including stocks, bonds and real estate, from other possessions, such as art.

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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.

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.

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