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Nasdaq Private Market and Morgan Stanley Wealth Management launch wealth management education and services initiative


The Nasdaq Private Market and Morgan Stanley Wealth Management (MSWM) have launched a joint initiative to make available wealth management education and services to employees and participants in private company liquidity programs.

Wealth management services will be offered by MSWM’s Palo Alto Group, led by Mark Curtis and Karen McDonald, a leading financial advisor team focused on the reinvestment of liquidation proceeds from employee stock plans. The Palo Alto Group will work with founders and employees who seek wealth management services following their participation in a liquidity program on the Nasdaq Private Market platform.

“At Nasdaq Private Market, we are always looking for opportunities to assist our client companies in effectively managing their equity ownership and further enhancing their relationships with employees and other shareholders,” says Carine Schneider (pictured), President of Equity Solutions, Nasdaq Private Market. “We believe Morgan Stanley Wealth Management can provide an important service to employees of those companies, many of whom may be experiencing a significant wealth event for the first time.”
Nasdaq Private Market offers a range of solutions to help private companies enable their founders, employees and other shareholders to sell a portion of their shares in a company-controlled program.
“In a growing trend, companies are staying private longer and are arranging for structured liquidity programs for employees and other shareholders who wish to sell non-public equity ownership interests for diversification and other purposes,” says Marc Brookman, Head of Institutional Products and Sales for Morgan Stanley Wealth Management. “This initiative will give these individuals access to financial education and services from a team of financial professionals with a strong track record in this area.”

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