Larry Wilson, Managing Director of Structured Derivatives, Americas, for Morgan Stanley, joined Keith Black, Managing Director of RIA Channel, to discuss solutions for investors with substantial single-stock wealth.
As a leader of the retail structured solutions business within the institutional securities division, Wilson notes that many high-net-worth clients have the same goals as institutional investors.
A 15-year equity bull market has created tremendous wealth, much of which is held by clients of the RIA community. Many investors reach high net worth status due to profits from a concentrated position in a single stock. Morgan Stanley provides solutions to preserve and monetize the wealth in these concentrated equity positions, including costless collars, call overwriting, and prepaid variable forwards.
Resources:
Morgan Stanley Equity Risk Management for Concentrated Positions (PDF)