Story

Located in Denver, CO, the Zephyr Group at Morgan Stanley serves corporations and government entities throughout the Rocky Mountain region to optimize and execute their fixed income strategies. We combine our years of experience and the vast resources of Morgan Stanley to help institutional clients meet their goals.

Services provided by the Zephyr Group encompass the three steps of the portfolio management process: planning, execution, and feedback. Throughout these steps, objectives and risk tolerances are defined, an asset allocation strategy is developed and implemented, and performance is continually monitored and reported.

Our aim is to be a valuable resource for your organization. We pride ourselves on providing a customized investment program that meets your needs and by delivering results.
Services Include
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*

Experience

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The team’s inception was in 2001 when Angie Leach Pizzichini joined predecessor firm, Salomon Smith Barney and formed Zephyr Group with a stated mission to provide institutional cash advisory solutions and short term portfolio management to corporations and government entities. Angie, formerly Institutional Sales Manager for Merrill Lynch in the Rocky Mountain region.

Time and experience in the markets, weathering volatility, has sharpened an institutional coverage model based on research, data, execution and analytics. In September 2016, Glenn Scott and Nicholas Yip joined Zephyr Group as portfolio managers for local government investment pools and separately managed accounts in Colorado and across the country. Before joining the private sector, Glenn served as a member of the Colorado House of Representatives where his passion for local governments and the public good manifested in service on numerous committees and initiatives including a review committee for the original Colorado Public Deposit Protection Act.

Working With You

We provide practical, actionable advice designed to help our clients select appropriate investment strategies and effectively monitor ongoing performance and results; and where appropriate, we help clients take advantage of shorter-term market trends that we believe may favor specific investment strategies.

At the core of our services is a disciplined institutional investment process—one that begins and ends with the client’s investment objectives and investment policy. Following this six-step investment process guides the customization of investment strategies that address each client’s unique situation.

Location

3033 East 1st Avenue
Suite 820
Denver, CO 80206
US
Direct:
(303) 316-5111(303) 316-5111
Toll-Free:
(866) 276-6987(866) 276-6987

Meet Zephyr Group

About Angela Leach Pizzichini

Angela Leach Pizzichini is a Senior Vice President, Corporate Cash Investment Director and founding partner of Zephyr Group at Morgan Stanley, a highly-skilled team of institutional fixed income professionals headquartered in Denver, Colorado. With 30+ years of experience, Angie is committed to providing tailored advice and investment solutions to government entities and corporations locally and across the country.

A graduate of Colorado College, Angie’s passion for working with clients is equaled only by her dedication to her family and her community. She is a member of The Association for Financial Professionals.

Originally from Seoul, South Korea, Angie lives in Cherry Hills Village with her husband Tony. Angie and Tony have two adult children who also live in Colorado. In her free time, she enjoys gardening, water sports and spending time on the family’s farm on the Big Island of Hawaii.
Securities Agent: NM, CO, MI, AL, FL, NY, HI, MS, OR, TX, UT, CA; BM/Supervisor; General Securities Representative; Investment Advisor Representative
NMLS#: 2176543

About Glenn Scott

Glenn Scott brings a wealth of experience to his role as a Senior Vice President, Portfolio Manager and Corporate Cash Investment Director at Zephyr Group. His diverse background in local government, the fixed income markets and portfolio management helps set him apart in the industry. He uses his extensive technical and analytical skills to evaluate and recommend appropriate strategies designed to help local government entities add return and reduce risk within their investment portfolios.

Prior to joining Zephyr Group, Glenn was a senior executive at Davidson Fixed Income Management, where he was responsible for portfolio management of large institutional fixed income portfolios. He also worked at two predecessor firms of Davidson in similar portfolio management roles. Glenn’s local government experience includes nine years as the Investment Officer at Jefferson County; four years in the Colorado House of Representatives, where he served on the Finance, Audit and Appropriations committees, as well as Chairman of the Local Government Committee and four years on the Westminster City Council.

A firm believer in giving back, Glenn is active with Casas por Cristo, which builds homes for the poor in the developing world, and volunteers with Habitat for Humanity. He was a lead trainer with IRI in connection with USAID and the State Department doing Democracy Building projects with governments in Iraq and Indonesia. Glenn has also held various leadership roles with governments across the state and in his local church.

A Colorado native, Glenn is the proud father of five active children and currently resides in Boulder. He earned his B.A. and M.A. degrees in Economics from the University of Colorado. When he’s not assisting clients or volunteering, you can find him enjoying a broad array of activities that include art, history, and international travel. Glenn has climbed 22 of Colorado’s 14K peaks. Glenn is currently developing an Agri voltaic and electric greenhouse farm in rural Boulder County.


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 macroeconomic 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.
Securities Agent: OR, GA, WY, NV, FL, AL, TX, NM, CA, CO, NY, AZ, UT; General Securities Representative; Investment Advisor Representative
NMLS#: 2153565

About Nicholas Yip

Securities Agent: WA, CA, MT, CO, NY, OR, NV, FL, WY, TX, AZ, AL, NM, MN, UT; General Securities Representative; Investment Advisor Representative

About Christopher Toney

A seasoned credit analyst, Chris is responsible for conducting critical research for Morgan Stanley’s Zephyr Group, with a particular emphasis on risk management. He joined Zephyr Group in 2018 with nearly 25 years of experience in the financial services industry.

Chris learned first-hand the power of investing when he participated in a stock picking contest in high school. This experience inspired him to study Economics at the University of Colorado. Upon graduation, he worked at several financial institutions, including Fortis Financial, Janus Capital and the Aurora Bank. Prior to joining The Zephyr Group at Morgan Stanley, Chris was Managing Director and Head of Credit Research for Public Trust Advisors in Denver.

Throughout his career, Chris has developed a strong understanding of the fixed income markets serving multiple roles: Money Market Trader, Credit Analyst, Assistant Portfolio Manager, Senior Fixed Income Analyst, Head of Credit Research and Portfolio Management Director. Chris attended the Kellogg School of Business at Northwestern University for executive education in Equity and Credit Analysis.

Born at the Air Force Academy in Colorado Springs, Chris’s early years were spent traveling with his family to such locations as Germany, Michigan, Virginia and Texas. His father retired from the Air Force when Chris was 11, and Chris has been a Colorado resident ever since. A favorite family activity Chris shares with his two adult children is “Fantasy Flight,” an annual Christmas event that takes terminally ill children and children from shelters on a mini flight to the “North Pole” to meet Santa. An avid snow skier, Chris also enjoys soccer and plays at every opportunity.
Securities Agent: WY, AL, AZ, CA, CO, FL, IA, IL, LA, MA, ME, MN, MS, MT, NM, NV, NY, OR, TX, UT, VA, WA; General Securities Representative; Investment Advisor Representative

About Ann Post

Ann Post strives to ensure every client receives excellent service by providing caring and personalized attention. Her many responsibilities include building client relationships, managing reports, and providing sales and marketing support in all areas of fixed income for the team’s institutional desk. Ann focuses on anticipating challenges institutional investors face today, so she is effectively prepared to assist them with best practices.

Ann learned firsthand the power of investing from her grandfather who gave her a $20 bill at the age of 14 with the goal of educating her about investing in the markets. As she watched the value of her stock rise and fall, she became focused on how changes in the economy made an impact on her investment. This experience inspired Ann to pursue a career in finance. She began her career at Wells Fargo before joining Morgan Stanley’s San Francisco office. She relocated to Denver and became a member of the Zephyr Group at Morgan Stanley in 2017.

Ann is a graduate of the University of California, Berkeley, where she earned her B.S. degree in Economics. She holds her FINRA Series 7 and 66 licenses. Ann is very close with her family, who live on the west coast. Favorite leisure activities include being outdoors, whether on a surfboard or a snowboard.
Securities Agent: OR, CA, MO, FL, SC, NY, MI, HI, AZ, CO, AL, UT, TX; General Securities Representative; Investment Advisor Representative

About Trisha Mingo

An experienced wealth management professional, Trisha is passionately committed to the continued growth and success of Zephyr Group at Morgan Stanley and the entities it represents. Trisha combines her in-depth knowledge of the government markets with operational excellence to identify solutions that deepen client relationships and streamline business activities.

Trisha has worked in the financial services industry since 1997. She began her career at Unicom, and over the years has had the opportunity to work for several large firms including Lehman Brothers, World Savings and Davidson Fixed Income Management. Prior to joining Morgan Stanley and Zephyr Group in 2016, Trisha was a Fund Administrator at Davidson, responsible for the oversight of operations, settlement, and client services for the Colorado Surplus Assets Trust Fund (CSAFE), a Local Government Investment Pool.

Trisha graduated from Regis University with a B.S. in Business Administration. She enjoys volunteering for Invest write, where she is a judge of student essays for “The Stock Market Game,” a flagship program of the SIFMA Foundation. She also serves on multiple committees at the local high school and her church. Trisha and her husband James, both Denver natives, enjoy cheering at sporting events for their two children and exploring the many aspects of America.
Securities Agent: WY, OR, MN, CO, TX, NM, AL, NV, NY, FL, AZ, MT, CA, UT; General Securities Representative; Investment Advisor Representative
Wealth Management
From Our Team

On the Markets


Wealth Management
Global Investment Office

Portfolio Insights

Investing

Working closely with you to guide your wealth and investments through the most challenging market cycles.
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  • Wealth Planning
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  • Impact Investing
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Business Planning

Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
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  • Qualified Retirement Plans
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Philanthropy

Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
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  • Donor Advised Funds
  • Impact Investing
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Ready to start a conversation? Contact Zephyr Group today.
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1Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.

For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.

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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.

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3Morgan 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.

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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

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Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.

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Awards Disclosures
CRC 6491812 (04/2024)