Morgan Stanley Smith Barney Hosts Women's Leadership Reception with a Focus on Business and Philanthropy

New York —

Morgan Stanley Smith Barney announced today it will be hosting a Women's Leadership reception focused on women & business and philanthropy at the Luxe Hotel Sunset Boulevard on Thursday, July 29, 2010 at 5:30 p.m.

The event, which is open to the public with advance registration, will feature Barbara Corcoran, Real Estate Mogul, Business Expert and Real Estate contributor for NBC's TODAY Show with a special presentation by William P. Magee, Jr. DDS, MD, Co-Founder and CEO, Operation Smile. 

Barbara Corcoran's credentials leading to her success may seem at first blush unexpected.  After straight D's in high school and college and twenty jobs by the time she turned twenty, it was her next job that would make her one of the most successful entrepreneurs in the country when she took a $1,000 loan to start The Corcoran Group.  She parlayed the loan into a five-billion-dollar real estate business and sold it in 2001 for $70 million.  She has also heavily invested in income-producing property in the New York City area.  Barbara is the real estate contributor for NBC's TODAY Show where she comments weekly on trends in the real estate market.  Barbara is an investor/shark on ABC's reality hit Shark Tank.  In the first season, she bought eight young businesses which she's shepherding to success.  Barbara is the author of Use What You've Got, an entertaining business book that has become a national best-seller, as well as Nextville, Amazing Places to Live Your Life.

"We're honored and excited to be hosting this event in partnership with Operation Smile, and co-sponsors Lincoln Financial and Federated Investors" said Robert Perry, Los Angeles Metro Regional Director, Morgan Stanley Smith Barney.  "Our hope is that this provides a forum where participants can share and exchange ideas and experiences while learning about the initiatives of Operation Smile." 

"This event is part of our women's leadership series focused on women and business," said Sandra Richards, Business Development Officer, who leads the business development initiative focused on the diverse and multicultural markets for Morgan Stanley Smith Barney.  "We will continue to host these types of events focused on the women's market across the country as part of our broad effort to embrace the business development opportunities that exist in the women's and other diverse markets."

Operation Smile mobilizes a world of generous hearts to heal children's smiles and transform lives across the globe.  Founded in 1982 by Dr. Bill and Kathy Magee, Operation Smile, headquartered in Norfolk, Virginia, is a worldwide children's medical charity whose network of global volunteers are dedicated to helping improve the health and lives of children and young adults.  Since its founding, Operation Smile volunteers have treated more than 150,000 children born with cleft lips, cleft palates and other facial deformities and the organization currently has a presence in more than 50 countries.  In addition to contributing free medical treatment, Operation Smile trains local medical professionals in its partner countries and leaves behind crucial equipment to lay the groundwork for long-term self-sufficiency.  Website: www.operationsmile.org

"I'm honored to be asked to speak at such an influential engagement," said Dr. Magee.  "Each of us has special skill sets, that when joined with others, unbelievable change can occur.  It is never the work of one individual. Operation Smile is what it is today because of an inspirational woman - my wife Kathy.  She, along with the generosity of our supporters, gives children around the world new smiles and new lives."

The event will take place on Thursday, July 29, 2010 at 5:30 p.m.  The Luxe Hotel Sunset Boulevard: 11461 Sunset Boulevard Los Angeles, CA 90049.   Reservations are required for security access, and limited seating is available.  Please R.S.V.P. by July 28 to MSSB.NBD.Events@morganstanley.com or (914) 225-8305.

Morgan Stanley Smith Barney, a global leader in wealth management, provides a range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, credit and lending, cash management, 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, investment management and wealth management services.  The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,200 offices in 42 countries.  For further information about Morgan Stanley, please visit www.morganstanley.com.

©2010 Morgan Stanley Smith Barney LLC.  Member SIPC.

Guest speakers are neither employees nor affiliated with Morgan Stanley Smith Barney.  Opinions expressed by the guest speaker are solely his/her own and do not necessarily reflect those of Morgan Stanley Smith Barney.

Media Relations Contact: Tricia Nestfield, 914.225.6369