A Commitment to Uncompromising Service
Exeter Wealth Management Group at Morgan Stanley
When the National Association of Board Certified Advisory Practices (NABCAP) and the Baltimore Business Journal published the 2012 list of Premier Wealth Advisors, the Exeter Wealth Management Group at Morgan Stanley was showcased among Baltimore’s elite advisory practices. That ranking is a source of great pride at the firm, but not one of great surprise.
“This designation simply validates what we’ve always known. Our approach to this business is sound,” says Vice President Andrew Berkowitz. “Our goal is to provide Ritz Carlton-level service to our clients with FedEx efficiency and all our processes are designed around those parameters.” For example, the Exeter Wealth Management Group purposely maintains a small number of client families within its $525+ million practice as of December 31, 2013. They believe in a staff-to-client ratio that allows them to more intimately oversee and coordinate the financial affairs for a select group of families in the Capital Region and across the country.
The principals of The Exeter Group are in their late 30s or early 40s. They strongly believe the combination of age and experience helps them maintain an intergenerational approach to wealth management. “The most rewarding aspect of the practice is executing a plan that we helped a client develop years ago and watching it benefit their children and grandchildren,” says Scott Ensor, Assistant Vice President and CERTIFIED FINANCIAL PLANNERTM practitioner.
Senior Vice President and founding partner Jon Davidov, who has more than two decades of experience, adds, “Our practice has always been about much more than investments. We help clients establish a comprehensive plan by working closely with their attorneys, accountants and other advisors to help protect their wealth while seeking out appropriate growth opportunities from an investment, tax and estate-planning perspective. We are passionate advocates for our clients’ families and support our own experience with the vast resources of Morgan Stanley, a premier global wealth management firm.”
He believes the team’s hands-on approach in service and education has resulted in the growth of a unique niche with clients who have experienced “sudden wealth events” such as the sale of a business or real estate, or the death or divorce of a spouse. Davidov explains, “We understand that our clients count on us to guide them through the ordinary and the unforeseen events of life, to be trustworthy and to keep their best interests at heart. Our commitment to them evolves into a long-lasting relationship.”
Exeter Wealth Management Group
650 South Exeter Street | Suite 1100 | Baltimore, MD 21202
410-736-5324 | www.morganstanleyfa.com/theexetergroup
NABCAP uses a methodology it has created that includes both quantitative and qualitative criteria including, but not limited to, financial planning, education, experience, and compliance record. NABCAP’s methodology includes, but is not limited to, (i) average assets per client, (ii) average number of clients per advisor, (iii) financial advisor to support staff ratio, and (iv) financial advisor and support staff credentials/designations. Premier Wealth Advisors do not pay a fee to be included in the final list of NABCAP Premier Wealth Advisors. The inclusion of a wealth manager on the list should not be construed as an endorsement of the wealth manager by NABCAP or Omaha Magazine. The rating is not indicative of the Financial Advisor’s future performance. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S. The Exeter Group are Financial Advisors with the Wealth Management division of Morgan Stanley in Baltimore, MD. The views expressed herein are those of the author and may not necessarily reflect the views of Morgan Stanley Smith Barney LLC, Member SIPC, www.sipc.org. The Exeter Group has engaged EMI Network Inc. to feature this promotion in Forbes magazine. The Exeter Group 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 The Exeter Group is not registered or excluded or exempt from registration. Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors do not provide tax or legal advice. March 2014 CRC #881317