Morgan Stanley

Nasdaq Private Market and Morgan Stanley Wealth Management to Launch Wealth Management Education and Services Initiative

Aug 17, 2015

New Program Will Serve Participants in Private Company Liquidity Programs

San Francisco —

The Nasdaq Private Market, LLC and Morgan Stanley Wealth Management (MSWM) today announced 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,” said Carine Schneider, 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,” said 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.”

About Nasdaq Private Market:

Nasdaq Private Market is the premier equity services provider to private companies. Our end-to-end solution enables private companies to digitize, integrate, and control all of their equity-related functions, including cap table management, shareholder liquidity, investor relations, and capital raising. Whether a company seeks to optimize an eventual IPO or remain private permanently, Nasdaq Private Market provides comprehensive capital market support to meet its needs. For certain eligible investors and shareholders, Nasdaq Private Market is a place to discover and engage with some of the most exciting private companies. The NASDAQ Private Market, LLC is not: (a) a registered exchange under the securities exchange act of 1934; (b) a registered investment adviser under the investment advisers act of 1940; or (c) a financial or tax planner, and does not offer legal advice to any user of the NASDAQ Private Market website. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, which is a member FINRA/SIPC and a wholly-owned subsidiary of the NASDAQ Private Market, LLC. Securities offered through NPM Securities, LLC are not listed or traded on the NASDAQ Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on the NASDAQ Stock Market LLC. To learn more, visit

About Morgan Stanley Wealth Management:

Morgan Stanley Wealth Management, a global leader, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, banking services, annuities and insurance, retirement and trust services.

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 43 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit

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