OUR MISSION STATEMENT
We provide experienced leadership clients can trust to help achieve their missions in their effort to create a better financial future.
We provide experienced leadership clients can trust to help achieve their missions in their effort to create a better financial future.
The Jbara and Rogers Financial Management Group, a team of nine experienced financial services professionals, was founded by Executive Directors and Financial Advisors Mark J. Rogers, CIMA® and Gary W. Jbara, CIMA® CRPS®, in 1984. We advise institutional organizations, high-net-worth individuals, and family offices.
Whether you are planning for the benefit of an organization or for the future of your family, we help you create a comprehensive financial strategy based on your unique investment policy.
• We provide guidance for the complex issues facing foundations and endowments through Consulting Group Institutional Services.
• We develop customized Retirement Plan Strategies such as cash balance plans and 401(k) plans for our corporate clients.
• We offer access to Family Office Services, connecting ultra high net worth investors with resources to help create family legacies, maximize family values, and enrich their lifestyle.
• We provide our private clients with Retirement Management strategies focused on downside risk mitigation and cash flow stability.
• We help develop Morgan Stanley’s Investing with Impact platform, offering investments that aim to generate market rate returns while supporting causes important to our clients.
Our institutional clients want an experienced advisor to help navigate the complexities of today’s financial markets and regulatory environment. Consulting Group Institutional Services delivers the highest level of sophisticated financial advice, objective investment manager research, and global insights. We also offer an array of donor development services and help establish donor advised funds.
We help our corporate clients manage Retirement Plans and understand their fiduciary obligations. We help establish and administer defined contribution and cash balance retirement plans for their employees.
Our Family Office clients need access to resources and solutions designed to meet the needs of the ultra high net worth investors. Family Office Services provides resources for tax, trust and estate planning strategies; cash management and lending services, family governance; and lifestyle advisory.
Our private clients require Retirement Management strategies that consider longer life expectancy, uncertainty tied to Social Security and changes in corporate retirement plans. Asset/liability matching and utilizing investments that focus on steady cash flow in all markets help our clients reach their retirement goals.
Many of our clients are incorporating Impact Investing into their portfolios. The portfolios we construct seek market-rate financial returns and address global challenges, helping organizations and families leave a positive legacy to future generations.
With over three decades as Financial Advisors, we believe we offer clients a depth of skills and knowledge that is seldom found in one Financial Advising team.
Through experience, training and asset growth, Mark and Gary have earned the title of Executive Director at Morgan Stanley.
Committed to providing their clients with the deepest level of investment knowledge and best practices in the industry, Mark and Gary earned their Certified Investment Management Analysts (CIMA®) designation from the Wharton School of Business at University of Pennsylvania.
Gary’s Senior Institutional Consultant title gives foundations, endowments, associations and corporations access to exclusive institutional consulting resources. The Corporate Retirement Director designation qualifies Gary to offer advanced resources and services for the administration of retirement plan, such at 401(k)’s, cash balance and defined benefit plans.
Mark and Gary are Family Wealth Directors – a certification earned by fewer than 3% of all Morgan Stanley advisors as of July 2016. They completed the rigorous training to offer clients access to ultra high net worth resources and solutions.
Mark and John serve on Morgan Stanley’s Impact Investing Champions Board. We are frequently asked to speak at conferences and in the media about Sustainable Investing. In “A Father’s Case for Sustainability” on Morgan Stanley’s Institute for Sustainable Investing page, Mark discusses the importance of Impact Investing.
• We build lasting relationships. Mark and Gary worked together for over 30 years. Many of our clients have been with us for decades.
• Your interests come first. We treat each client fairly and equally. We are committed to acting solely in YOUR best interest.
• We don’t follow the herd. We provide independent investment recommendations specifically related to your investment policy and needs.
• We maintain an even temperament during periods of market uncertainty. Mark and Gary have guided clients through 30 years of market volatility. We commit to providing strong hands, communication and leadership.
• Integrity matters. We maintain high ethical standards in everything we do, both in our work with the firm and in our personal lives.
• Knowledge drives our process. You can leverage the deep market wisdom derived from our decades of experience, advanced certifications and the resources at Morgan Stanley. We are advisors, teachers and leaders – not salespeople.
• Teamwork makes us responsive. We have a staff of six to support the two Executive Directors, Mark Rogers and Gary Jbara. Constant communication allows us to keep you informed, so together we can monitor and adjust as we progress toward your goals.
• We have an eye on the future. John Rogers, Financial Advisor, provides the millennial perspective for the group. His input on Morgan Stanley’s Impact Investing Champions Board helps guide the firm’s offerings in this emerging investing style.
Mark J. Rogers, CIMA®, Executive Director, Financial Advisor and Family Wealth Director, has worked in the investment and financial consulting industry since 1985. Mark serves as a lead consultant and oversees strategic portfolio construction, asset allocation strategy, investment policy analysis, market research and day-to-day investment management responsibilities for client portfolios. He serves on Morgan Stanley’s Impact Investing Champions Board. Mark is frequently asked to speak at workshops and in the media about the emerging Impact Investing field.
As Family Wealth Advisors, Mark and Gary provide an integrated approach to planning through Family Office. The business unit leverages sophisticated resources and exclusive tailored investment opportunities to help meet the complex needs of investors with significant wealth. These services include access to lending services, art advisory, personal and business risk management, wealth transfer strategies, family governance advising, impact investing and philanthropy coordination.
Mark earned the IMCA Certified Investment Management Analyst (C.I.M.A.) designation from Wharton School of Business, University of Pennsylvania. He is a member of Investment Management Consultants Association (IMCA). He graduated from Michigan State University with a Bachelor of Arts degree in Business/Economics. Mark is founder and chair of the Birmingham Country Club Business Roundtable, a business networking group.
Securities Agent: AK, AZ, CA, CO, CT, DC, DE, FL, GA, IL, IN, KY, LA, MA, MD, MI, MN, MT, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, VA, VT, WA, WI, WY; General Securities Representative; Investment Advisor Representative
Gary W. Jbara, CIMA®, CRPS®, Executive Director, Corporate Retirement Director, Senior Institutional Consultant and Financial Advisor, has worked in the investment and financial consulting industry since 1985. Gary serves as a lead consultant and oversees strategic portfolio construction, asset allocation strategy, investment policy analysis, market research and day-to-day investment management responsibilities for client portfolios.
As a Senior Institutional Consultant, Gary provides comprehensive resources for institutional investors through Consulting Group. These services include asset/liability studies, investment policy statement analysis, spending policy analysis, investment manager research and donor advised fund administration. In addition to asset management, Gary conducts committee and board member educational workshops and provides assistance with donor recruitment and education.
The Corporate Retirement Director designation enables Gary to offer advanced resources and services for the administration of retirement plans, such at 401(k)’s, cash balance and defined benefit plans. Gary can offer contracted services to clients, including enhanced assistance with vendor selection and investment reviews, manager selection, and 3(21) or 3(38) fiduciary oversight.
Gary earned the IMCA Certified Investment Management Analyst (C.I.M.A.) designation from Wharton School of Business, University of Pennsylvania. He holds a Chartered Retirement Plan Specialist designation from the College of financial Planning. He is a member of Investment Management Consultants Association (IMCA) and a member of the Association of Professional Investment Consultants (APIC.) Gary received a Bachelor of Science degree in Mathematics and Business from the University of Notre Dame and an MBA from the University of Michigan. He serves as president of the Notre Dame Club of Detroit.
Securities Agent: AL, AZ, CA, CO, DC, DE, FL, GA, HI, IL, IN, MA, MI, MN, MO, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI; General Securities Representative; Investment Advisor Representative
John G. Rogers, Financial Advisor, serves as relationship manager for the group’s nonprofit, corporate and individual clients. He leads the group’s mission and impact investing initiatives and White Label Donor Advised Fund program. Forbes Magazine named John to its inaugural list of America’s 500 Top Next Generation Wealth Advisors in 2017. John was one of 16 advisors from Michigan on the list.
John is an Impact Director, a designation achieved by fewer than thirty advisors at the firm for specialization in the impact investing space. He serves on the Morgan Stanley Impact Alternatives Advisory Council. John spent a year as a product specialist at Morgan Stanley’s Consulting Group national headquarters in Wilmington, Delaware. He graduated from Northwestern University in 2012 with a Bachelors of Arts Degree in History, a minor in Business Institutions and a Certificate in Leadership. John is the president of the Detroit Country Day School Alumni Board.
Securities Agent: AZ, CA, CO, DC, DE, FL, GA, IL, IN, MA, MI, MN, MO, NC, NE, NH, NJ, NM, NV, NY, OH, OK, PA, SC, SD, TN, TX, VA, WA, WI; General Securities Representative; Investment Advisor Representative
Christine A. Varvatos, Consulting Group Analyst, compiles fund updates and assists in the reconciliation of statements for our institutional clients. She develops customized client account reporting, prepares performance analytics and conducts investment manager due diligence. Christine earned a BBA in Accounting from Western Michigan University and a Master’s of Science in Taxation from Walsh College. She holds a Series 7 and a Series 66 License. Christine’s Consulting Group affiliation and experience as a CPA (non-practicing) provides clients with a distinctive resource.
You can email Chris at
Jennifer A. Kavalos, Portfolio Associate, joined the group in 2002. She oversees account administration and executes trades for the group. She tracks donations for our institutional clients and facilitates the transfer of funds. Jennifer applies her extensive experience to help make sure each client’s account needs are addressed promptly and efficiently. Jennifer holds a Series 7 and Series 63 license. Jennifer’s organization skills keep the group’s operations running smoothly.
You can email Jennifer at
Jessica Francis, Client Service Associate, joined the group in 2016 and quickly became indispensable. Jessica oversees account operations and manages client services for the group. She collaborates with the team to communicate with clients and anticipate their needs. Jessica earned her Bachelor of Science degree in Secondary Education with a major in Mathematics from Central Michigan University. She holds a Series 3 License. Jessica’s attention to detail helps her deliver comprehensive client services.
You can email Jessica at
Randy Fisher joined the group in 2018 after gaining a wealth of experiences in finance. He worked as a financial advisor with Morgan Stanley before joining the group. His extensive resume includes positions as a futures and options trader at the Chicago Mercantile Exchange, college instructor, CFO, bank vice president and CPA. Randy applies his finance and accounting background to compile client account reporting, perform investment manager research and due diligence, run performance analytics and execute trades. Randy holds an MBA in Finance and a Bachelor of Science in Accounting from DePaul University. He holds Series 7, Series 66, life insurance and variable annuity licenses.
You can email Randy at
Yvonne McMillan, Customer Service Associate, is the newest member of the group. Before coming to Morgan Stanley she was a Private Client Banker. She worked in the banking for 12 years. Yvonne’s experience in banking makes her well qualified to complete account updates and schedule client meetings. She graduated from Hillsdale College with a Bachelor of Arts degree in International Business from Hillsdale College. Her friendly voice is often the first one clients hear when they call a member of the group.
You can email Yvonne at
Stacey Rogers develops client communications, organizes client events and creates marketing materials for the group. She can assist institutional clients with preparing promotional pieces related to fundraising and donor awareness. Stacey has a Master of Advertising and a Bachelor of Arts in Advertising from Michigan State University. Stacey develops strategies to communicate more effectively on behalf of our clients.
You can email Stacey at
Working closely with you to guide your wealth and investments through the most challenging market cycles.
Creating customized financial strategies for the challenges that today's families face.
Working with you to understand your life goals and develop a truly personalized wealth strategy. Today and for the years to come.
Making sure your philanthropic dollars are managed with the same best-in-class service as the rest of your wealth.
Partnering with you on key aspects of your business such as ownership, liquidity and developing opportunities.
Thought Leadership for our ultra high net worth clients, which contains thought-provoking articles, authored by leading experts from Morgan Stanley Family Office Resources.
Explore ideas and inspiration with captivating, original lifestyle stories created exclusively for Morgan Stanley clients.
Our complimentary program for eligible clients provides you and your family with access to exclusive offers and discounts from premium travel, automotive, health and wellness, and retail brands as well as curated insights from Morgan Stanley.
See all of your financial data in one location, regardless of where your accounts are held, directly on Morgan Stanley Online and the Morgan Stanley Mobile App.
Providing clients access to sustainable investing products and strategies while also pioneering solutions to our global challenges.
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