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WORK \ FINANCE \ LIFE
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India’s Oldest Game Goes
Pro; An Interview with NBA
Commissioner Adam Silver;
Peter Guber on Sports Tech
The Race to Be the World’s
Top Sport; 2015’s Biggest
Art Sales; How to Start a
Sports Philanthropy
Ken Burns on Jackie
Robinson; The Best Sports
Watches and Spas; Should
Your Child Play Football?
THE EVOLUTION OF FINANCIAL INTELLIGENCE
S
HANGER
GAME C
EN AND
THE 60 M
ORLD
KE THE W
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WORTH.COM
VOLUME 25
|
EDITION 01
L E A D I N G W E A LT H A D V I S O R
|
DALLAS, TX
How should
I start
planning for
eldercare?
BY THE MOORE GROUP
WHAT'S ON MY DESK...
Marie: Barron’s Top 100 Women
Financial Advisors award*
Shawn: Magazines, awards,
plans and research
Standing: Marie A. Moore;
seated: Shawn D. Moore
THE MOORE GROUP AT MORGAN STANLEY
TEAM
Marie A. Moore, CPM®, Managing Director–
Wealth Management, Financial Advisor
Shawn D. Moore, CFP®, Financial Advisor
ASSETS UNDER MANAGEMENT
$350 million (as of 12/2015)
MINIMUM NET WORTH REQUIREMENT
$5 million (planning services)
$2 million in assets (investment services)
MINIMUM FEE FOR INITIAL MEETING
None required
LARGEST CLIENT NET WORTH
$180 million
FINANCIAL SERVICES EXPERIENCE
Marie, 27+ years; Shawn, 10 years
8383 Preston Center Plaza Drive, Suite 400, Dallas, TX 75225
ASSOCIATION MEMBERSHIPS
Association of Professional Investment
Consultants, Association for Corporate
Growth, National Association
of Accountants
PROFESSIONAL SERVICES PROVIDED
Planning, investment advisory, corporate and
money management services, philanthropy
and business development
EDUCATION
Marie: CPM®, Columbia University;
MBA, University of Dallas; M&A certification,
Northwestern University, Kellogg School of
Management; BBA, finance and accounting,
University of Texas at Arlington
Shawn: CFP®, College for Financial Planning;
BS, MIS, University of North Texas
214.696.7175
COMPENSATION METHOD
Asset-based and fixed fees, commissions
(investment and insurance products)
PRIMARY CUSTODIAN FOR
INVESTOR ASSETS
Morgan Stanley Smith Barney LLC
EMAIL
[email protected]
[email protected]
WEBSITE
www.morganstanleyfa.com/themooregroup
*Please visit www.morganstanleyfa.com/themooregroup
for more information on the Barron’s Top 100 Women
Financial Advisors award methodology and criteria.
ILLUSTRATION BY KEVIN SPROULS
THE MOORE GROUP AT MORGAN STANLEY
T
There is much to celebrate about the
average American’s increasing longevity. You have more years to accomplish your life goals, and your
parents may be able to really get to
know their great-grandchildren. Still,
those extra years and the infirmities
that commonly come with old age
also mean that people need more
care—which, in turn, implies multidimensional concerns.
LAYING THE GROUNDWORK
WITH LOVED ONES
To prepare for the future, some actions
can be taken now. Planning becomes
even more important if you are likely to
shoulder the responsibility of making
caregiving decisions for your spouse,
your parents or others. Three basic
steps can get you on the right track:
Involve a strong team. Let us say
you are overseeing the care of an aging
parent, and communication has become
difficult. Your decisions may greatly benefit
from an established relationship with your
mother’s or father’s doctor, attorney, accountant and financial advisor. Additionally—depending on your parent’s needs—
you may want to call on a social worker and
a geriatric care manager.
Have a conversation. The more you
know about your parent’s or spouse’s
wishes, the better. Discussions about care
are generally not easy, but knowing what
someone really wants can be an enormous
help in simplifying the decisions you need
to make down the road.
The more you know about your aging parent’s or
spouse’s wishes, the better.
Get some things in writing. You’ll want
to have quick access to basic information
such as social security numbers, Medicare
information, insurance policies, legal documents and financial statements. Additionally, there are a number of strategies that
empower loved ones to make decisions and
to record other wishes. These include:
• Durable Power of Attorney: This document gives you the authority to make legal
and financial decisions for another person
in the event that he or she is no longer able
to do so.
• Living Will: Also known as an advance
directive, this document guides medical professionals and family members in determining what treatments should be considered.
• Healthcare Proxy: Essentially, this is a
medical power of attorney that enables you
to make medical decisions on behalf of the
person you are caring for.
ABOUT US
M
EVALUATING COST
Research shows that almost 70 percent of
people age 65 and older will require some
degree of long-term care over the rest of
their lives.1 The associated costs are considerable: The median cost of a private
nursing home in the United States is approximately $91,250 a year, and the median cost of in-home care assistance is
approximately $20 per hour, or $45,760
per year for a 40-hour week.2
Given the price tag for services, it may
make sense to earmark savings for future
care needs. You may also want to analyze
ARIE A. MOORE IS A FAMILY WEALTH DIRECTOR AND SENIOR PORTFOLIO
MANAGEMENT DIRECTOR AT MORGAN STANLEY, WITH MORE THAN 27
YEARS OF EXPERIENCE. Prior to joining the firm, she was manager of
mergers, acquisitions and divestitures with Texas Instruments, where she bought and
sold corporations, divisions and product lines to round out the company’s strategic
plans. Working with her son, Shawn D. Moore, CFP®, financial advisor, Ms. Moore ensures
that the focus of the Moore Group is on the planning and investment needs of families,
from grandparents to grandchildren. Through its family wealth management practice,
the Moore Group helps families to not only preserve but also communicate their
traditions, histories and values to future generations. ●
the benefits of long-term care insurance.
These policies provide coverage for nursing home care, assisted living facilities,
home care, community-based care or a
combination of these services.
Whatever your role, some preemptive
steps will help prepare you for an oversight
role and allow you to enjoy a longer life
ahead with your loved ones. ●
National Clearinghouse for Long Term Care Information,
U.S. Department of Health and Human Services, 2015.
2
Genworth Cost of Care Survey, 2015.
1
Marie A. Moore is a Financial Advisor with the Wealth
Management division of Morgan Stanley in Dallas, Texas.
The views expressed herein are those of the author
and may not necessarily reflect the views of Morgan
Stanley Smith Barney LLC. Member SIPC. www.sipc.org.
Morgan Stanley Financial Advisor(s) engage Worth
to feature this profile. Marie A. Moore may only transact
business in states where she is registered or excluded or
exempted from registration, www.morganstanleyfa.com/
themooregroup. Transacting business, follow-up and
individualized responses involving either effecting
or attempting to effect transactions in securities, or
the rendering of personalized investment advice for
compensation, will not be made to persons in states
where Marie A. Moore is not registered or excluded
or exempt from registration. The strategies and/
or investments referenced may not be suitable for
all investors. Morgan Stanley Smith Barney LLC, its
affiliates and Morgan Stanley Financial Advisors or
Private Wealth Advisors do not provide tax or legal
advice. Morgan Stanley Smith Barney LLC offers
insurance products in conjunction with its licensed
insurance agency affiliates. Certified Financial
Planner Board of Standards Inc. owns the certification
marks CFP®, CERTIFIED FINANCIAL PLANNER™ and
federally registered CFP (with flame design) in the US.
(CRC1368245 01/16)
WORTH.COM
F E B R U A R Y- M A R C H 2 0 1 6
123
Marie A. Moore, CPM®
Managing Director–Wealth Management and Financial Advisor
Shawn D. Moore, CFP®
Financial Advisor
The Moore Group at Morgan Stanley
8383 Preston Center Plaza Drive, Suite 400
Dallas, TX 75225
Tel. 214.696.7175
[email protected]
[email protected]
www.morganstanleyfa.com/themooregroup
REPRINTED FROM
®
THE EVOLUTION OF FINANCIAL INTELLIGENCE
The Moore Group at Morgan Stanley is featured in Worth 2016 Leading Wealth Advisors™, a special section in every edition of Worth® magazine. All persons and firms appearing in this section have
completed questionnaires, have been vetted by an advisory group following submission by Worth®, and thereafter paid the standard fees to Worth® to be featured in this section. The information
contained herein is for informational purposes, and although the list of advisors presented in this section is drawn from sources believed to be reliable and independently reviewed, the accuracy
or completeness of this information is not guaranteed. No person or firm listed in this section should be construed as an endorsement by Worth®, and Worth® will not be responsible for the
performance, acts or omissions of any such advisor. It should not be assumed that the past performance of any advisors featured in this special section will equal or be an indicator of future
performance. Worth®, a publication of the Worth Group LLC, is a financial publisher and does not recommend or endorse investment, legal or tax advisors, investment strategies or particular
investments. Those seeking specific investment advice should consider a qualified and licensed investment professional. Worth® is a registered trademark of the Worth Group LLC.
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