Top Wealth + Best-in-State · rank 1 · Oak Brook, Illinois · listed firm: Morgan Stanley Wealth Management
Logo asset (hotlink-protected, view at source): https://advisor.morganstanley.com/the-mpw-group/permanent-b0b701/assets/images/logo.85739d37.svg
Identity & firm
- Firm — Morgan Stanley Wealth Management (high)
- “Scott Magnesen founded The MPW Group in 1982 and has been a Morgan Stanley financial advisor for 43 years.” — firm_official
- “Current Firm: Morgan Stanley (Firm ID: 149777)” — sec_finra_regulatory
- Parent company — Morgan Stanley (high)
- “Current Firm: Morgan Stanley (Firm ID: 149777)” — sec_finra_regulatory
- Firm type — wirehouse (high)
- “Active in both BC (Broker-Dealer) and IA (Investment Adviser) scopes” — sec_finra_regulatory
- “Title: Financial Advisor at Morgan Stanley Wealth Management” — firm_official
- Team name — The MPW Group (high)
- “The MPW Group at Morgan Stanley provides long-term financial coaching to our clients, whose trust we seek to earn and keep every single day.” — firm_official
- Team size — 3 (low)
- “Team Members
- Scott Magnesen
- Jennifer Magnesen
- Ryan Magnesen” — firm_official
- CRD — 1050010 (high)
- “Name: Scott Kirby Magnesen
CRD Number: 1050010” — sec_finra_regulatory
- Years experience — 44 (high)
- “Industry start date: 6/27/1982” — sec_finra_regulatory
- “Scott Magnesen founded The MPW Group in 1982 and has been a Morgan Stanley financial advisor for 43 years.” — firm_official
- Designations — — (medium)
- “Designations:
- General Securities Representative
- Investment Advisor Representative
- Transactional Futures/Commodities
- Managed Futures” — firm_official
Book of business
- Team AUM ($M) — 7200 (high)
- “Assets Under Management (Custodied): $7.2B” — forbes_shook
- Account minimum ($M) — 0.5 (high)
- “Minimum Account Size for New Business: $500K” — forbes_shook
- Typical client net worth ($M) — 25 (medium)
- “Typical Client Net Worth: $1-50M” — forbes_shook
- Client niche — retirement-focused multigenerational family households (medium)
- “They create comprehensive goals-based wealth management strategies aimed at providing steady, stable income through retirement years. They also address family estate needs including wills, legal documents, legacy plannin” — firm_official
- Custodians — gap: not_applicable
- Fee model — fee_plus_commission (low)
- “Active in both BC (Broker-Dealer) and IA (Investment Adviser) scopes” — sec_finra_regulatory
Positioning & marketing
- Website url — https://advisor.morganstanley.com/the-mpw-group (high)
- “The MPW Group at Morgan Stanley provides long-term financial coaching to our clients, whose trust we seek to earn and keep every single day.” — firm_official
- Value proposition (verbatim) — The MPW Group at Morgan Stanley provides long-term financial coaching to our clients, whose trust we seek to earn and keep every single day. (high)
- “The MPW Group at Morgan Stanley provides long-term financial coaching to our clients, whose trust we seek to earn and keep every single day.” — firm_official
- Differentiators — Long-term financial coaching rather than transactional advice, Invest clients' money as carefully as their own, Family business — succeed when client families reach their goals, Time-tested investment principles over speculation, Unbiased advice at a reasonable cost (medium)
- “The MPW Group at Morgan Stanley provides long-term financial coaching to its clients, investing their money as carefully as they would their own, and providing unbiased advice at a reasonable cost. As a family business, ” — firm_official
- “Clients can count on the group to keep them on track toward long-term financial goals, provide encouragement to stay invested during market downturns, discourage financial decisions they would regret, and remind them tha” — firm_official
- Content marketing — none (medium)
- “The page appears to be a disclaimer and compliance notice section for Scott Magnesen's Morgan Stanley Wealth Management profile rather than a content hub featuring published materials. The only substantive text consists ” — firm_official
- Has podcast — no (medium)
- “Digital Tools Available
- Morgan Stanley Online
- eDelivery
- Morgan Stanley Mobile App
- Digital Vault
- E-Authorization
- Total Wealth View
- Cyber Security/Online Security Center” — firm_official
- Books published — 0 (medium)
- “Scott Magnesen founded The MPW Group in 1982 and has been a Morgan Stanley financial advisor for 43 years. The MPW Group handles over $7 billion in assets under management for its clients, as of 2025. Every day, Scott wo” — firm_official
- Linkedin url — https://www.linkedin.com/in/mpwgroupofmssb/ (medium)
- “Scott K. Magnesen - Morgan Stanley | LinkedIn” — social_or_third_party_db
- Social presence — linkedin_active (low)
- “Scott K. Magnesen - Morgan Stanley | LinkedIn” — social_or_third_party_db
- Press awards — Barron's Top 1,200 Financial Advisors: State-by-State (2013-2025), Barron's Top 250 Private Wealth Management Teams (2021-2025), National Broker of the Year, Registered Representative magazine (1994), Morgan Stanley Managing Director (2007) (medium)
- “Team Awards (2021-2026):
- Barron's Top 250 Private Wealth Management Teams (#52, #82, #33, #41, #47)” — firm_official
- “In 1994, Scott was honored as a National Broker of the Year by Registered Representative magazine and was honored to be named a Managing Director for Morgan Stanley in 2007. Scott has been named one of the "Top 1,200 Fin” — firm_official
Visual brand
- Has distinct logo — no (medium)
- “Logo (appears twice): advisor.morganstanley.com/the-mpw-group/permanent-b0b701/assets/images/logo.85739d37.svg” — firm_official
- Logo url — https://advisor.morganstanley.com/the-mpw-group/permanent-b0b701/assets/images/logo.85739d37.svg (medium)
- “Logo (appears twice): advisor.morganstanley.com/the-mpw-group/permanent-b0b701/assets/images/logo.85739d37.svg” — firm_official
- Visual brand notes — Standard Morgan Stanley corporate template: navy and white palette, corporate sans-serif type, stock lifestyle photography of clients and Oak Brook office; circular headshot thumbnails for advisors. No team-specific visual identity. (medium)
- “Image URLs
