Excelsior Wealth Management - Morgan Stanley
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Title: Excelsior Wealth Management | New York, NY | Morgan Stanley Private Wealth Management
URL Source: https://advisor.morganstanley.com/excelsior-wealth-management?y_source=1_MTA4Mjc1MTEtNzE1LWxvY2F0aW9uLndlYnNpdGU=
Published Time: Tue, 08 Jul 2025 02:46:27 GMT
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Our Story and Services
Excelsior Wealth Management Group utilizes the vast resources of one of the world’s strongest financial institutions to help meet the complex and often unique needs of families with wealth. The consultative nature of our practice enables us to work side-by-side with your existing tax and legal advisors in a coordinated effort to best serve your needs. You will appreciate the attention we pay to every detail of your financial plan. It is on this basis that we believe clients are comfortable recommending our services to friends, colleagues and other family members. Utilizing a holistic approach, we implement a state-of-the-art wealth management process designed specifically to help meet the customized needs of high-net-worth clients. We develop a financial blueprint in an effort to oversee the accumulation, preservation and ultimate transfer of your wealth.
Capabilities
- Corporate Retirement PlansFootnote 1
- Divorce Financial AnalysisFootnote 2
- Endowments and FoundationsFootnote 3
- Estate Planning StrategiesFootnote 4
- Alternative InvestmentsFootnote 5
- Executive Financial ServicesFootnote 6
- Financial PlanningFootnote 7
- Lending Products
- Philanthropic Services
- Planning for Individuals with Special Needs
- Sudden Wealth Financial Planning
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 350 teams 1 specialized in assisting individuals and families with $20MM+ in investable assets
- Over $980 billion in AUM 1
- Comprising 23% of the Barron’s Top 250 Private Wealth Management Teams for 2024
- 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, 2024
Source: Barron's.com (May 2024) 2024 Barron's Top 250 Private Wealth Management Teams awarded in 2024. The teams are ranked on a variety of factors, including their size and shape, their regulatory records and credentials of their members, and the resources they have at their disposal to serve their client bases. The rankings are meant as a starting point for clients looking for an advisor—a first-pass vetting that can help investors narrow a search. Every advisor will have his or her own approach to investing, financial planning, and other services. Clients are encouraged to approach a search for an advisor the way they would a search for a doctor—interviewing multiple professionals and getting opinions from multiple third parties. Rankings are based on the opinions of Barron's and this ranking may not be representative of any one client’s experience. This ranking is not indicative of the Financial Advisor’s future performance. Morgan Stanley Smith Barney LLC is not affiliated with Barron's. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved.
High Net Worth Resources
Financial Literacy
Financial literacy means being equipped with the knowledge to make smart financial decisions during every stage of your life. No matter your current priorities, a strong financial literacy foundation can help you meet your goals.
Financial Literacy for Any Stage of Your Life
Alternative Investments
Morgan Stanley is a global leader in alternative investments, offering a comprehensive suite of products that encompasses both proprietary and third-party managers in areas such as private equity, private credit, hedge funds, real estate, infrastructure and more.
Innovative Strategies for Asset Allocation
Donor Advised Funds
Let’s say you hold securities that have appreciated significantly. By donating the securities to a DAF, you can eliminate the potential capital gains tax, and you have time to decide when and where to make your charitable gifts. Between the time you make a donation to a DAF and when you finalize your giving strategy, your assets can be invested, with the potential to grow tax-free.
Trust Planning
Among the available tools for protecting and transferring assets, trusts may be the most misunderstood. Put simply, a trust can be a flexible and effective way for families to solve their financial issues and manage many types of challenges involving how to transfer assets and wealth to help ensure a lasting legacy.
Intergenerational Wealth Planning
Highly-skilled accountants and estate attorneys are vital to constructing sound wealth-transfer plans, but sometimes it is the matters these experts cannot address that pose the greatest challenges.
Signature Access
A broad range of specialty services are available to enrich and enhance the health, safety, comfort, and interests of affluent families, from private aviation, personal security, art advisory, and household staffing, to private health advisory services and advisory services for single family offices.
Alternative Lending
Using highly-automated models and expansive datasets, alternative lending platforms can rapidly underwrite borrower credit risk.
Borrowers may access credit in a more streamlined fashion as compared to the traditional lending process, often on terms more attractive than otherwise would be available.
Loan investors may access attractive credit risk premia historically captured by banks, while diversifying their portfolio fixed income and credit exposures.
Impact Investing
How can investors gain insight into the impact of their investment portfolios? Our Morgan Stanley Impact Quotient tool distills complex data and tailors analysis to you.
Entrepreneur Toolkit
Establishing a strong advisory team that provides legal, accounting, investment banking and financial advice allows business owners to rely on professional experience and expertise working in a coordinated manner to help the entrepreneur.
Pre-Liquidity Event Planning Overview
We are dedicated to guiding clients through each step of a sale or liquidity event process. By utilizing sophisticated investment strategies, risk management, estate planning, and charitable giving, we seek to serve as your financial advocate and leverage potential advantages.
Pre-Liquidity Planning Process
Tax Management Services
Taxes can make a big difference over the long run in helping meet financial goals – so you need a tax-smart edge. Learn how Morgan Stanley Tax Management Services can help efficiently manage your capital gains with a complimentary and fully personalized experience.
Awards
Barron's Top 250 Private Wealth Management Teams
Excelsior Wealth Management was named to Barron's Top 250 Private Wealth Management Teams 2024
Source: Barron's (May 2024) Barron's Top 250 Private Wealth Management Teams ranking awarded in 2024. This ranking was determined based on an evaluation process conducted by Barron's for the period from Jan 2023-Dec 2023.
Forbes Best-In-State Wealth Management Teams
Excelsior Wealth Management was named to Forbes Best-In-State Wealth Management Teams in 2022-2025.
2022-2025 Forbes Best-In- State Wealth Management Teams
Source: Forbes.com (Awarded 2022-2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in March of year prior to the issuance of the award.
NAPA’s Top DC Advisor Teams
Excelsior Wealth Management was named to NAPA’s Top DC Advisor Teams in 2018, 2020, 2021, 2022, and 2023.
*2018, 2020, 2021, 2022, 2023, NAPA's Top DC Advisor Teams
Source: napa-net.org (Awarded 2018, 2020, 2021, 2022, 2023) Data compiled by NAPA based on self-reported assets under advisement as of Dec 31 of the year prior to year the award was given.
Forbes Top 100 Private Wealth Management Teams in America
Excelsior Wealth Management was named to Forbes Top 100 Private Wealth Management Teams in America listing in 2022-2024.
- 2022-2024 Forbes Top 100 Private Wealth Management Teams (Private Wealth). Source: Forbes.com (Awarded Nov 2022-2024). Data compiled by SHOOK Research LLC based on 12-month time period concluding in November of the year the award was issued.
Barron's Top 1200 Financial Advisors
Craig Pastolove was named to Barron's Top 1200 Financial Advisors from 2012-2017 and 2022-2025.
- 2012-2017 and 2022-2025 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com (Awarded 2012-2017 and 2022-2025). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
Financial Times 400 Top Financial Advisors
Craig Pastolove was named to the Financial Times 400 Top Financial Advisors in 2016 and 2020.
- 2016, 2020 Financial Times 400 Top Financial Advisors
Source: ft.com. Data compiled by the Financial Times based the following time periods:
Awarded 2020; data 6/30/16 - 6/30/19
Awarded 2016; data 9/30/13 - 9/30/15
Forbes Best-In-State Wealth Advisors
Craig Pastolove was named to Forbes Best-In-State Wealth Advisors from 2018-2024. Scott Sklar was also recognized in 2021-2024.
- 2018-2024 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded 2018-2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Financial Times 401 Top Retirement Plan Advisors
Craig Pastolove was named to the Financial Times 401 Top Retirement Plan Advisors in 2016, 2017 and 2020.
- 2016-2017 and 2020 Financial Times 401 Top Retirement Advisors
Source: ft.com. Data compiled by the Financial Times based the following time periods:
Awarded 2020; data 12/31/16 - 12/31/19
Awarded 2017; data 12/31/14 - 12/31/16
Awarded 2016; data 12/31/13 - 12/31/15
A Full Suite of Services
Servicing Business Owners
At Excelsior Wealth Management, we liken our client relationships to that of a “CEO” and a “CFO” of a successful enterprise. As the “CEO” you set the course and supply the vision. As your “CFO,” we marshal the broad range of talents necessary to help turn that vision into a reality through the implementation of effective planning. At Excelsior Wealth Management, we are well versed in the diverse and complex issues surrounding significant wealth, and we are qualified to help you address them.
Corporate Retirement Plan Consultants
In helping you to plan for retirement, Excelsior Wealth Management seeks to deliver value and service excellence to business organizations by providing industry-leading retirement solutions in an objective, independent and transparent manner. We proactively consult on the needs of both plan sponsors and employees and serve as an advocate to help further the goals of each.
Financial Planning for Legal Settlements
In regards to our sudden wealth clientele, receiving a large and sudden influx of money – whether via a settlement or winning the lottery – can generate a great deal of stress for individuals and families. Excelsior Wealth Management has tremendous knowledge and experience in guiding newly wealthy people through the opportunities and pitfalls associated with abrupt changes in financial status. We take great pride in our ability to provide our clients with confidence as they enter into a new phase of their lives.
Managing Newfound, Sudden Wealth
Excelsior Wealth Management
The talents and attributes necessary to achieve financial success are not always consistent with the skill sets needed to preserve and grow significant wealth. Successful financial planning requires dedication across a broad range of disciplines, from investment management and estate issues to insurance and philanthropy, etc. The process of building a fulfilling career, or even a great company, may not leave you with enough time or means to focus on your personal finances. Success in business does, however, teach you how to delegate
WORKPLACE FINANCIAL BENEFITS WITH MORGAN STANLEY AT WORK
Our mission is to help your company elevate your workplace financial benefits—helping you to attract and retain top talent. Our end-to-end solutions support your company and employees at any stage of growth through a powerful combination of modern technology, insightful guidance, and dedicated service.
Equity Solutions
Equity ownership is a powerful motivator. Streamline equity management through our leading-edge technology and provide global audit-ready reporting and insights, alongside customizable participant experiences to engage and educate your employees on how to make the most of their benefits. Our global solutions support private and public companies at any stage of growth.
• Equity Administration and Financial Reporting
• Liquidity Events
• 409A Valuation Services and Cap Table Management
Retirement
For your employees, retirement is more than a date in the future—it's a milestone that takes time, hard work, and the right tools. Through our consultative process, we strive to assist with the management of your fiduciary responsibilities and risk, simplify plan management, and help you improve retirement readiness for your employees.
• Defined Contribution Consulting
• Solutions-Oriented Plans
• Fiduciary Investment Oversight
Deferred Compensation
Access a range of Nonqualified Deferred Compensation plan services or pick the ones that best fit your needs. We provide recordkeeping and plan design, portfolio construction services, and plan education for your executive talent. We help you determine the appropriate plan design and inform a funding strategy through a needs-based assessment and consultative approach.
Services include:
* Recordkeeping and Plan Design
* Portfolio Construction
* Wealth Management Services
Executive Services
Our dedicated team provides concierge-level support for your executives' equity compensation plans, from 10b5-1 trading plans to form filing related to Rule 144 transactions, to access to wealth management and tax-optimization strategies, so helping them navigate their complex financial needs with greater confidence and certainty:
* Equity Compensation Services
* Equity Award Analysis
* Specialized Solutions
Saving and Giving
Saving and Giving benefits can make a real difference in your employees' lives as they can support the things that matter most to them—like saving for education and repaying student loans. Show that you are committed to your employees' priorities with leading-edge solutions that help them chart a path toward financial well-being.
* College Savings
* Student Loan Repayment and Refinancing
* Charitable Giving
Financial Wellness
We offer Financial Wellness with every solution we provide. Through a powerful combination of education, digital tools and guidance, Financial Wellness is designed to address the unique needs of your employees and empower their financial journey at every stage. Give your employees the confidence to take charge of their finances.
• Financial Education
• Digital Tools
• Financial Guidance
Location
55 East 52nd Street 10th
6th Floor
New York
,
NY 10055
US
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2 Morgan 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.
3 Morgan 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.
4 Morgan 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 and other legal matters.
5 Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
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Asset Allocation does not assure a profit or protect against loss in declining financial markets.
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.
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Awards Disclosures Link Opens in New Tab
CRC 4237142 (02/2025)