Day-to-day legal support for Morgan Stanley Wealth Management's investment advisory business, including providing legal analysis and advice with respect to applicable rules, regulations and legal risk relating to the fiduciary standard of care, trading, best execution, trade allocation, operational issues, principal trading rules, investment allocations, client fee structures, conflicts of interest, and cash solicitation rules.
Advising on matters related to the various types of clients serviced by Wealth Management, including retail natural persons, high net worth individuals, family offices, institutions, charitable organizations, and pension plans, among others.
Drafting client agreements, account documentation and disclosure, and negotiating agreements with portfolio managers.
Working with various areas of Morgan Stanley's Wealth Management business on new product and services development.
Working directly with clients and their counsel on issues relating to contracts and related matters.
Dealing with relevant regulators, especially the SEC.
Interacting with other Legal Department areas as well as Compliance and Risk.

7 years or more of experience in dealing with issues arising under the Investment Advisers Act of 1940, FINRA rules and regulations as well as related federal securities laws and state fiduciary laws.
Ability to interface effectively with investment personnel as well as Wealth Management clients and their counsel.
Experience in drafting agreements, client communications and other disclosure documents; negotiating contracts.
Familiarity with regulatory processes (SEC and FINRA).
Understanding of regulatory landscape applicable to registered investment advisers.

VP, Wealth Management Advisory Attorney

About this role