The Pitrofsky/Slacum Group at Morgan Stanley

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The Pitrofsky/Slacum Group

OUR MISSION STATEMENT

Helping clients address their complex issues while simplifying their financial lives.

Our Story and Services

About the Pitrofsky/Slacum Group

The Pitrofsky/Slacum Group develops comprehensive financial strategies for affluent individuals, families, charitable trusts and institutions.  

As a small boutique within Morgan Stanley, the Pitrofsky/Slacum Group brings a high level of service and custom-tailored solutions to each relationship as well as the strength and resources of a leading global financial institution.   

Our clients value our ability to address a broad array of complex issues, simplify their financial lives, and ultimately help them achieve their goals.

Services Include

  • Wealth Management
  • Professional Portfolio Management
  • Financial Planning
  • Retirement Planning
  • Estate Planning Strategies
  • Executive Financial Services
  • Business Succession Planning
  • Planning for Education Funding
  • Lending Products
  • 401(k) Rollovers
  • Philanthropic Services


Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck.

Working With You

Working With You

Our mission is to be an essential partner who works with each client as well as their accountants, attorneys, corporate counsel and other trusted advisors to integrate and simplify all aspects of their financial life.  We strive to understand each client’s unique situation and then develop custom comprehensive strategies to help them achieve their goals and free them to pursue their passions.  

Our solutions go beyond investment management to address current needs including daily cash management and liability management (such as mortgages and lines of credit) and long-term goals including retirement planning, education planning, life and long-term care insurance, wealth transfer, charitable giving and trust services.

Our strategies grow, evolve and adapt to the life changes and life stages each of our clients experience – from risk-managed growth during pre-retirement, to tax-efficient growth and income during retirement, to legacy creation later in life.

Our access to state-of-the-art technology, award-winning research and other advisory services is unparalleled.  We also have an open architecture platform with access to many of the world’s top money managers including preeminent equity, fixed income and alternative investments managers. 

Our commitment to service begins with unbiased advice prepared specifically to address each client’s unique circumstances.  We will have in-depth planning and performance review meetings, regular pro-active update calls and prompt responses to your inquiries.

Experience

Experience

Joe Pitrofsky and Drew Slacum formed their partnership in 2004 in order to assist clients with a wide array of complex financial issues and provide the highest level of service.  Using their complementary skills Joe and Drew have spent the last 13 years working together to develop comprehensive financial plans and sophisticated portfolios that help each client achieve their unique goals.  As a result of this integrated holistic approach Joe and Drew have helped clients address some of the following questions…

- How much money do I need to save for retirement?
- When do I have to, or when should I, start taking withdrawals from my IRA?
- How do I convert my investments into a portfolio that generates monthly income?
- Is there any way to restructure my portfolio to make it more tax-efficient?
- How risky is my current portfolio and how much risk should I be taking?
- I have a short-term cash need.  Should I liquidate part of my portfolio or are there other options?
- I am buying a new home.  Should I get a mortgage and what type will keep my payments low?
- What should I do with my stock options and RSUs?
- How do I balance the risk and tax consequences of my concentrated stock position?
- Do I need life insurance, and if so, how much and what kind?
- Should I get long-term care insurance and what does it cover?
- My spouse or parent passed away.  Can you help me organize my finances?
- What is the best way to save for my child’s or grandchild’s education?
- What type of retirement plan should I set up for my business?
- I want to make a charitable contribution.  Does it matter when or what assets I donate?

 





 
 
 

Investment Philosophy

Our investment philosophy is based on the Nobel Prize winning philosophy Modern Portfolio Theory.  The Pitrofsky/Slacum Group uses this sophisticated institutional-type approach to construct a portfolio for each of our clients.  At the core of each portfolio is a definable, repeatable and measurable asset allocation that is then tailored to each client’s unique situation. When constructing each portfolio we consider a multitude of client-specific factors including risk tolerance, time horizon, liquidity needs, cash flows and tax status.  We establish, implement, monitor and strategically rebalance each portfolio with the goal of minimizing risk and maximizing after-tax, after-cost returns.


Our Clients

Clients

Our clients consists of a select group of entrepreneurs, executives, professionals, and retirees from fields including real estate, technology, bio-technology, venture capital, consulting, law, medicine, accounting, banking and education.  They reside across the country with about 60% in San Diego, 15% in other parts of California and 25% outside of California.  Individuals and families comprise approximately 90% of our practice with about 55% still working and 35% retired.  The remaining 10% of our clients are charitable trusts, businesses and corporate retirement plans.


Location

Location

  • 1111 Prospect Street
  • Suite 200
  • La Jolla, CA 92037


    Meet The Pitrofsky/Slacum Group

    Family

    Creating customized financial strategies for the challenges that today's families face.

    • Estate Planning
    • 529 Plans / Education Planning
    • Long Term Care Insurance
    • Trust Services and Accounting

    Mosaic

    Explore ideas and inspiration with captivating, original lifestyle stories created exclusively for Morgan Stanley clients.

    Investing

    Working closely with you to guide your wealth and investments through the most challenging market cycles.

    • Asset management
    • Traditional investments
    • Alternative Investments
    • Impact Investing

    Retirement

    Working with you to understand your life goals and develop a truly personalized wealth strategy.  Today and for the years to come.

    • 401(k) Rollovers
    • IRA Plans
    • Retirement income strategies
    • Annuities

    Business Planning

    Partnering with you on key aspects of your business such as ownership, liquidity and developing opportunities.

    • Succession Planning
    • Business Planning
    • Retirement Plan Sponsors
    • Corporate Pension Funds

    Philanthropy

    Making sure your philanthropic dollars are managed with the same best-in-class service as the rest of your wealth.

    • Endowments
    • Foundations
    • Donor Advised Funds
    • Impact Investing

    Ready to start a conversation? Contact The Pitrofsky/Slacum Group today.

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