OUR MISSION STATEMENT
Dedicated personal service and comprehensive family wealth planning to serve you and your family's unique goals.
Dedicated personal service and comprehensive family wealth planning to serve you and your family's unique goals.
The Berkheimer Group at Morgan Stanley is a tightly knit team with a common purpose: We are here to help our clients preserve, enhance and transfer their wealth within the context of their greater life goals. We are excited to come to work each day, largely due to the wonderful families we serve. With over 100 years of combined experience in financial services, our team provides comprehensive wealth management and premium client service to distinguished individuals and small institutions.
We know how hard our clients work for their money and why. They do it to build a meaningful life for themselves, their family, and their community. That’s why we have created a pledge to our clients, to demonstrate our thinking and our promise.
Our pledge to you:
At The Berkheimer Group at Morgan Stanley, we embody these values and are committed to helping our clients with almost every aspect of their financial lives. We strive to do this with genuine compassion and unwavering respect.
Forbes America's Top Women Wealth Advisors
Betsy Pakenas has been recognized in Forbes as one of the top women wealth advisors in the country for 2018
Forbes Best-In-State Wealth Advisors
Betsy Pakenas has been recognized in Forbes Magazine as one of the top wealth advisors in Maryland for 2018
Working Mother and SHOOK Research’s Top Wealth Adviser Moms
Betsy Pakenas has been recognized in Working Mother magazine as one of the top wealth advisor moms in the country for 2017
Forbes America's Top Next-Gen Wealth Advisors
Derek McGee has been recognized in Forbes as one of the top next generation wealth advisors in the country for 2017
Forbes America's Top Women Wealth Advisors
Betsy Pakenas has been recognized in Forbes as one of the top women wealth advisors in the country for 2017
Financial Times Top 400 Financial Advisors in America
Betsy Pakenas has been recognized in Financial Times as one of the top financial advisors in the country for 2015-2016
Betsy Berkheimer Pakenas is an Executive Director and Financial Advisor for Morgan Stanley in Frederick, Maryland. As The Berkheimer Group’s managing partner, she oversees all aspects of the practice while working closely with the team’s seven-person staff to provide financial planning and investment management to high net worth families and small institutions.
A Financial Advisor since 1998, Betsy was named to Forbes "America’s Top Women Wealth Advisors" in 2018 and 2017, Forbes "Best-in-State Wealth Advisors" for Maryland in 2018, Working Mother magazine's "Top Wealth Adviser Moms" in 2017, and Financial Times "Top 400 Financial Advisors" in both 2015 and 2016. In recognition of her achievements, Betsy has been a speaker at multiple Barron’s industry conferences and was also featured in Morgan Stanley’s national ad campaign in 2015.
Active in her community, Betsy has held leadership positions in local organizations including the Frederick County Commission for Women, and the Rotary Club of Frederick, where she is a past president of the two hundred-member service organization. She is currently a Director of Frederick Memorial Hospital.
After graduating as valedictorian of her local Frederick High School class, Betsy earned her B.S. at Washington & Lee University and continues to be an active alumna. She is a 2001 Leadership Frederick graduate and 2014 Leadership Maryland graduate. Betsy and her husband, Peter, live in Middletown, Maryland, with their two children.
Securities Agent: AK, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IL, KS, KY, LA, MA, MD, ME, MN, NC, NJ, NM, NY, OH, PA, RI, SC, TN, TX, VA, VI, WA, WI, WV; General Securities Representative; Investment Advisor Representative; Managed Futures
Derek McGee is a Senior Vice President, Financial Advisor and Senior Portfolio Manager at Morgan Stanley. As the team’s chief investment officer, Derek is responsible for portfolio construction, implementation and monitoring of all investment strategies.
As a senior partner of The Berkheimer Group with 15 years of industry experience, Derek focuses on overseeing all aspects of portfolio management and helps construct the team’s long-term investment philosophy as well as the shorter-term strategic outlook. Derek was named to Forbes 2017 "America's Top Next Generation Wealth Advisors" list.
Prior to joining The Berkheimer Group in 2006, Derek was Regional Sales Director for Smith Barney’s Consulting Group. In this role, he advised high net worth individuals and institutions on asset allocation, manager selection and investment policy. Derek built relationships during that time with a wide network of investment professionals inside and outside the firm. The resources and knowledge gained in that role continue to help Derek when advising our clients today.
Active in the local community, Derek is a member of the Rotary Club of Carroll Creek and currently holds a leadership position on the board of directors for the Downtown Frederick Partnership. He is also a 2014 graduate of Leadership Frederick.
Derek earned a degree in financial management from The Catholic University of America, where he was the school’s starting quarterback for four years. He and his wife, Cheryl, live in Frederick with their three children.
Securities Agent: AK, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IL, KS, KY, LA, MA, MD, ME, MN, NC, NJ, NM, NY, OH, OR, PA, RI, SC, TN, TX, VA, VI, WA, WI, WV; General Securities Representative; Investment Advisor Representative; Managed Futures
Sid Huguenin is a Vice President and Financial Advisor with The Berkheimer Group at Morgan Stanley. He focuses on financial planning and retirement planning for high net worth individuals and families. With nearly 15 years of experience in accounting and the financial services industry, Sid provides sophisticated solutions to the complex issues his clients face.
In 2005, Sid began his financial services career as an accountant with Hertzbach & Company, where he acquired skills in tax planning, business valuation and balance sheet analysis. He then worked in investment banking at Ferris, Baker Watts in 2006. There, he further developed his proficiency in analysis and financial modeling. Sid came to Morgan Stanley in 2008.
Sid graduated from Johns Hopkins University in 2005 with a major in economics. Active in his community, Sid is a member of the Antietam Exchange Club, an organization which seeks to create better communities through youth projects and the prevention of child abuse. He also serves as President of the Saint James School Alumni Council. In his free time, he enjoys golf, basketball and spending time with his family. Sid and his wife, Lauren, live in Hagerstown with their son.
Securities Agent: AK, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IL, KS, KY, LA, MA, MD, ME, MN, NC, NJ, NM, NV, NY, OH, PA, RI, SC, TN, TX, VA, VI, WA, WI, WV; General Securities Representative; Investment Advisor Representative
With over 30 years of experience as a financial advisor, Charlie has developed a practice that focuses on highly attentive relationships while delivering customized and objective financial services.
In his time away from the office he is a workout enthusiast and sports fan. He also enjoys time with his two sons and their growing families, which includes chasing after his six grandchildren.
Securities Agent: AK, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IL, KS, LA, MA, MD, ME, MN, NC, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, VI, WA, WI, WV; General Securities Representative; Investment Advisor Representative
Phil Berkheimer is a Vice President for Morgan Stanley in Frederick, Maryland. He entered the investment business in 1968 with Alex Brown & Sons in Baltimore, and started the Frederick office of Legg Mason in 1976. To provide a broader spectrum of services to his wealth management clients, Phil formed The Berkheimer Group in 1998 with the addition of his daughter, Betsy.
A 45-year veteran of the investment management industry, Phil’s extensive experience adds the historical perspective so helpful to our clients when navigating various market conditions. He finds the opportunity to continue to work with multigenerational families he has advised for over 40 years especially gratifying.
Phil has held various volunteer leadership positions in the community, including president of the Rotary Club of Frederick, director of the Frederick Community College Foundation, trustee of the Community Foundation of Frederick County and chairman of the Frederick Memorial Hospital Board of Directors and Development Council. In addition, he is immediate Past-Chairman of the Hood College Board of Trustees.
A native of Hanover, Pennsylvania, Phil holds a Bachelor of Arts in history from Franklin & Marshall College, where he has since served on the board of trustees for the Alumni Association. He is a former instrument-rated private pilot and U.S. Marine Corps officer, whose service included a tour of duty in Vietnam from May 1966-June 1967. Phil and his wife, Marj, reside in Frederick, Maryland.
Kimberly Bishop is a RegisteredAssociate with The Berkheimer Group at Morgan Stanley. Working closely with the team’s clients, Kimberly focuses on meeting the day-to-day needs of clients and assisting them with any questions or concerns. She is always prepared to go the extra mile to ensure that every client is valued and heard.
Kimberly began her career in customer service with Legg Mason, where she was a registered associate for three years. In that role, Kimberly focused on addressing client inquiries and assisting them in resolving issues. Kimberly joined Morgan Stanley in 2014.
Outside the office, Kimberly enjoys spending time with her husband and their two children.
Debbie Frey is a Registered Associate with The Berkheimer Group. With over 18 years of industry experience in various operational and management positions, Debbie started her career with Parker/Hunter, Inc. and most recently worked for a private wealth management firm. She joined Morgan Stanley in 2018.
Debbie’s main focus has always been on providing exceptional client service, and she continues to do so as a member of our team. She enjoys going above and beyond, aiming to make ‘life easy’ for clients.
Debbie and her husband are empty nesters with both of their kids in college.
Drawing on more than 10 years of customer service and community relations experience, Ashley Waters is responsible for ensuring the team efficiently delivers the highest quality service to our clients and community partners. Ashley is enthusiastic in supporting clients with a comprehensive understanding of the firm’s suite of features and offerings, which includes mobile applications, online capabilities, and cash management solutions, just to name a few. Ashley is also the administrative catalyst behind The Berkheimer Group’s commitment to giving back to the communities in which we are honored to be a part.
Prior to joining Morgan Stanley, Ashley was the Director of UMBC-Shady Grove, UMBC’s branch campus in Rockville, MD. She holds a Bachelor’s degree from Penn State University, a Master’s degree from Towson University, and a Doctoral degree from The University of Baltimore. Ashley also is a contributor with Sass Magazine, a publication focused on the development and support of professional women.
Ashley is very active with many organizations in the Frederick community, including holding directorships with The Rotary Club of Carroll Creek and Woman to Woman Mentoring. Ashley also partners with the Make-A-Wish Foundation of the Mid-Atlantic, Federated Charities, Habitat for Humanity of Frederick County, and Mt. Carmel United Methodist Church. Ashley, her husband, Andrew, and their son live in New Market, MD.
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.
Partnering with you on key aspects of your business such as ownership, liquidity and developing opportunities.
Making sure your philanthropic dollars are managed with the same best-in-class service as the rest of your wealth.
Thought Leadership from Morgan Stanley Family Office Resources for our ultra high net worth clients, which contains thought-provoking articles, authored by some of the leading FOR specialists.
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.
With the Morgan Stanley Mobile App, you’ll have the freedom to manage your investments and instantly access a suite of personal cash management tools.
Discover a more rewarding way to manage your everyday finances. Access benefits, savings, and enhanced services from your Morgan Stanley Financial Advisor.
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