Graystone Consulting, a business of Morgan Stanley Smith Barney, announced today that Robert J. Dow, CIMA, Executive Director, has joined one of the Firm’s institutionally-focused consulting group teams, headed by Phil C. Shaffer, Managing Director, in Columbus, Ohio. The Shaffer Team has primarily served nonprofits and large family consulting needs for more than 25 years throughout the Central and Southeast regions of the country. Bob will be based in Morgan Stanley’s Private Wealth Management office in Chicago to further expand the existing footprint of Graystone Consulting, as well as partner with Morgan Stanley’s Private Wealth Advisors who provide a range of investment services to ultra-high net worth individuals, families and related institutions “We are delighted to welcome Bob to Graystone Consulting,” said Marc Brookman, Managing Director. “The Shaffer Team is an industry leader serving Foundations, Endowments and non-profits, and Bob’s extensive experience and multi-disciplined approach to investment and fiduciary services, planned giving and asset servicing will further benefit our clients.” “I am thrilled to be joining Graystone Consulting and The Shaffer team,” said Dow. “When considering this significant change, I thoroughly analyzed what families and the board members and staff of universities, colleges and other nonprofits will need both today and in the future. Whether it is for traditional investment consulting, investment management or assisting with fiduciary responsibilities, it quickly became clear that Graystone Consulting is the best choice for my clients, offering the strengths of a boutique investment consultant backed by the broad resources and capital markets expertise of Morgan Stanley Smith Barney.” Prior to joining Graystone Consulting, Bob spent 25 years at Northern Trust, where he founded the firm’s first dedicated non-profit advisory business. In his most recent role, Bob served as Managing Director for the Midwest and Northeast Foundation and Institutional Advisors, and managed the practice’s national planned giving and fiduciary trust services. During his tenure at Northern Trust, Bob worked in various roles including Director for the Midwest’s Personal Financial Service’s Wealth Strategy Group and Midwest Director for Institutional Investment Services within Northern Trust Global Investments. He also worked in their Corporate and Institutional business unit and held roles in product development, new business development, valuation consulting and accounting.
Graystone Consulting provides a complete range of investment consulting services to institutional clients, which include associations, endowments and foundations, corporations, 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 Smith Barney. For further information on The Shaffer Team at Graystone Consulting, please visit http://institutionalconsulting.citi.com/shafferconsultinggroup.Morgan Stanley Smith Barney, a global leader in wealth management, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust services. For further information about Morgan Stanley Smith Barney, please visit www.morganstanleysmithbarney.com. Morgan Stanley Private Wealth Management, a division of Morgan Stanley Smith Barney LLC, provides a range of investment services to ultra-high net worth individuals, families and related institutions in the United States, Latin America, Europe, the Middle East and Asia. 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. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,300 offices in 42 countries. For further information about Morgan Stanley, please visit www.morganstanley.com. © 2012 Morgan Stanley Smith Barney LLC. Member SIPC. CRC 478533