Who is Michael Butt (CRD#: 1719917)?

Michael Butt works for Morgan Stanley Wealth Management as a Managing Director, Wealth Management, and Financial Advisor. He is responsible for leading the team’s strategic direction as a founding member. As a result, the team’s client benefit from a cohesive, comprehensive approach to their complicated and sophisticated needs.

Michael specializes in wealth preservation and transfer techniques, such as multi-generational planning, advanced trust and estate planning, estate tax minimization, and philanthropic planning.

Michael is an industry leader. Michael represented the interests of Financial Advisors and clients in this national platform after being appointed to Morgan Stanley’s Financial Advisor Council.

About Morgan Stanley Wealth Management:

Retail brokerage and asset management are the areas of expertise of the American global financial services business Morgan Stanley Wealth Management. It services a broad spectrum of clients as a branch of Morgan Stanley, including individual investors, small- to medium-sized businesses, major corporations, non-profit organizations, and family foundations.

With a solid foundation and a track record of success, Morgan Stanley Wealth Management has emerged as a top option for consumers looking for knowledgeable financial advice and direction.

Early Beginnings: Smith Barney & Co.

Smith Barney & Co., which was created in 1938 as a result of the union of Charles D. Barney & Co. and Edward B. Smith & Co., is where Morgan Stanley Wealth Management gets its start. Charles D. Barney established Charles D. Barney & Co. in 1873 as a result of Jay Cooke & Company’s failure. The company had offices in Philadelphia and New York.

After acquiring the specialists from Guaranty Trust Company’s securities division in 1934 as a result of the enactment of the Glass-Steagall Act, Edward B. Smith & Co., established in 1892, rose to prominence in the securities underwriting industry.

To meet the various needs of its clients, Morgan Stanley Wealth Management provides a full range of financial services. Several of these services consist of:

Investment Management

Securities offered by Morgan Stanley Wealth Management include equities, bonds, mutual funds, exchange-traded funds (ETFs), and more. Their financial advisors work with customers to create customized investment plans that address their unique financial objectives and risk tolerance levels.

Financial Planning

Retirement planning, education planning, estate planning, and other services are all provided by Morgan Stanley Wealth Management. Their financial advisors collaborate with clients to comprehend their financial goals and create a detailed financial strategy to assist in achieving those aims.

What is a Financial Advisor?

A financial advisor is a specialist who offers professional financial advice to people looking to accomplish particular financial goals. You work with a financial advisor to develop a thorough financial plan that is specific to your situation, much like you would hire an architect to construct the blueprint for your home. Understanding your existing financial condition, including your income, costs, savings, and spending patterns, is a requirement for this collaboration.

Banking and Lending

To assist clients in managing their short-term financial requirements and long-term financial goals, Morgan Stanley Wealth Management provides banking and lending options for such cash management accounts, mortgages, home equity loans, and lines of credit.

Insurance and Annuities

Morgan Stanley Wealth Management offers insurance and annuity products, such as life insurance, long-term care insurance, and annuities, to assist customers in protecting their financial future. These products are made to offer financial stability and peace of mind.

Philanthropy and Social Impact Investing

For customers who want to match their investments with their principles and have a good impact on society, Morgan Stanley Wealth Management offers philanthropic advising services and social impact investing choices.

18/12/2023 Update
As of now, Michael Butt has not responded, nor has he apologized for his misdeeds. He has ignored our efforts to highlight the problems faced by his victims. Furthermore, he has only focused on propagating his fake PR.

Michael Butt Disclosures: BrokerCheck, FINRA, And SEC

Financial Advisors often take down their client disputes from FINRA’s Public database through Disclosure Expungement. Even law firms provide expungement services to FAs so that they can hide or remove their client disputes and maintain a clean record. So the lack of any disclosures on BrokerCheck doesn’t necessarily mean that the broker hasn’t had any disputes in the past.

BrokerCheck

Michael Butt’s BrokerCheck report contains details about his employment history, educational background, professional certifications, disciplinary proceedings, criminal convictions, civil judgments, arbitration awards, and disclosure events.

According to the report, Michael Butt has been the subject of a Customer Dispute disclosure.

In such a disclosure event, a consumer-initiated, investment-related complaint, arbitration proceeding or civil suit containing allegations of sale practice violations against the broker that resulted in a monetary settlement to the customer.

MICHAEL W BUTT – Broker at MORGAN STANLEY (finra.org)

SEC Litigations & Forms

Michael Butt SEV

Source: MICHAEL BUTT – SEC Site Search Search Results

Michael Butt Lawsuits

Most court cases filed in the United States of America are archived on CourtListener, UniCourt, Law.com, Justia, Trellis, law, and Law360. If Michael Butt has been involved in any such lawsuits, then you can find the documents using the links down below:

There might be more pending lawsuits against Michael Butt that are not listed on these directories. Lawsuit files are often deleted from online directories. So, if you cannot find any lawsuits against Michael Butt on these websites, then you can contact the local authorities and check if they have a physical copy of any lawsuits.

Michael Butt Complaints & Legal Battles

The following websites/directories are the best sources for finding complaints, litigations, and disputes against finance advisors. You can find all the complaints against Michael Butt using the websites down below:

You can contact the law firms mentioned above if facing issues with Michael Butt or any financial advisor.

Better Alternatives to Michael Butt:

These recommendations are based on the ratings of SmartAsset.com, the biggest financial advisor review platform on the internet.
Screenshot 7

Manages Assets Worth

  • $6,427,792,177

Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)
  • Family office and consulting services
Screenshot 8

Manages Assets Worth

  • $4,465,757,285

Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
Screenshot 9

Manages Assets Worth

  • $302,000,000

Services

  • Financial planning
  • Portfolio management

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