Michael
Newman

About this Advisor

Michael Newman is an investment advisor in Fairhope, Alabama. Currently an investment advisor at Morgan Stanley, Newman has 17 years of professional experience. Newman holds a Series 66 license, designating the advisor as both a securities agent and an investment advisor representative. Newman is registered to operate in Alabama and Texas. Their career trajectory has included roles at New Horizons Of N. O, Morgan Stanley Smith Barney LLC and Morgan Stanley Private Bank, N.A. Morgan Stanley is based out of Fairhope, Alabama, and operates out of 726 other locations throughout the nation. As a registered investment firm, Morgan Stanley oversees $904 billion in assets covering 1,863,328 accounts and employs more than 25,600 people. The level of assets currently under the firm's management makes it one of the largest firms in the United States. The firm manages 1,273,068 accounts on a discretionary basis, in which the advisor makes all of the buying and selling decisions on the client's behalf. Currently 1% of the advisor firm's investors are high-net-worth individuals, meaning they have more than $1 million in capital. Morgan Stanley offers financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutional clients, pension consulting services, selection of other advisers, educational seminars and other services. The firm may charge clients asset-based, fixed, commission-based and other fees.