Graystone Consulting Expands Presence in the Midwest and Adds Institutional Consulting Team

Based in Birmingham, MI, the team includes two Institutional Consulting Directors: Brian and Tim Brice, both Managing Directors.  They will be joined by Rebecca Wolfe, Vice President and Group Director; Ray Fortin, Vice President and Business Development Director;  Stephanie Mills, Institutional Consulting Associate; Diane Roegner, Senior Client Service Associate and Julie Pawlowski, Consulting Group Analyst.  The team oversees more than $4.5 billion in client assets, which includes corporations, endowments and foundations, health care organizations, insurance entities, state and local governments, Taft-Hartley funds, family offices and high net worth individuals.  They join from Bank of America Merrill Lynch Global Institutional Consulting.

“We are pleased to welcome this successful and very experienced team to Graystone Consulting,” said Patrick O’Donovan, Southeast Michigan Complex Manager.  “Their clients will continue to benefit not only from the team’s high level of skills and experience but also through the expanded and sophisticated institutional capabilities available through our Firm.”

“The Brice Group is a great fit for Graystone Consulting.  The team is a strong new asset for us and reinforces our commitment to this business, as well as our goal to expand our footprint in the U.S.,” said Marc Brookman, Managing Director and Head of Graystone Consulting. 

The Brice Group was established in 1967, and both Brian and Tim have over 25 years of professional experience in the industry.  Brian received his bachelor’s degree from Hillsdale College.  Tim is a graduate of Albion College.  Both hold the Certified Investment Management Analyst certification from the Investment Management Consultants Association in affiliation with the Wharton School of Business.

The team has been consistently recognized on PLANADVISOR Magazine’s listing of “Top 100 Retirement Advisors in America” (2011-2014) and Barron’s listing of “Top 1200 Advisors” (2009, 2011-2014).

Graystone Consulting provides a comprehensive range of investment consulting services to institutional clients, which include corporations, endowments and foundations, health care organizations, insurance entities, state and local governments, Taft-Hartley funds and family offices.  Tailored investment advice is delivered by Institutional Consulting Directors, experienced investment professionals who are backed by a dedicated consulting team and the broad resources of Morgan Stanley.  For further information, please visit www.morganstanley.com/graystoneconsulting.

Morgan Stanley ( NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.  With offices in more than 43 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals.  For further information about Morgan Stanley, please visit www.morganstanley.com.

Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management AnalystSM (with graph element)®, and Certified Investment Management AnalystSM.

Source: PLANADVISER.com, “PLANADVISER’s Top 100 Retirement Plan Advisers.”  To be considered for this list, advisers had to either submit information and references or be nominated and enter the award process for PLANSPONSOR Retirement Plan Adviser of the Year—individual, team or multi-office team. Award nominations were solicited online from retirement plan advisers, their employers and/or broker/dealers, and plan sponsors, as well as from working partners of the advisers, such as investment vendors, accountants, attorneys and pension administrators. Nominees were then asked to complete a form, providing various details about their practice. Advisers could also, for the first time, submit such information unsolicited, although not to be considered for the awards. The PLANSPONSOR Retirement Plan Adviser and Adviser Team of the Year awards are based on both qualitative and quantitative factors. The most successful lists are drawn solely from a smaller set of quantitative factors and information supplied by the advisers themselves. Due to the differences in evaluation factors, finalists for the PLANSPONSOR Retirement Plan Adviser and Adviser Team of the Year awards are not necessarily included on the “Top 100” listing. Neither Graystone Consulting nor its financial advisors pay a fee to Plan Sponsor / Plan Adviser in exchange for the rating.

Tax laws are complex and subject to change. 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 and are not “fiduciaries” (under ERISA, the Internal Revenue Code or otherwise) with respect to the services or activities described herein except as otherwise agreed to in writing by Morgan Stanley. This material was not intended or written to be used for the purpose of avoiding tax penalties that may be imposed on the taxpayer. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a retirement plan or account, and (b) regarding any potential tax, ERISA and related consequences of any investments made under such plan or account.

Source: Barron’s “Top 1,200 Advisors,” as identified by Barron’s magazine, using quantitative and qualitative criteria and selected from a pool of over 4,000 nominations. Advisors in the Top 1,200 Financial Advisors have a minimum of seven years of financial services experience. Qualitative factors include, but are not limited to, compliance record and philanthropic work. Investment performance is not a criterion. 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 Barron’s in exchange for the rating. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved.

© 2014 Morgan Stanley Smith Barney LLC. Member SIPC. Graystone Consulting is a business of Morgan Stanley Smith Barney LLC.
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