Jim Carney and Bareq Peshtaz, Financial Advisors, will share what they have been discussing with their wealth management clients and how they are addressing their concerns and providing support during the COVID-19 Pandemic.
The program will focus on the key issues that their clients are facing during uncertain times. The presenters will share their insights on the importance of financial planning, providing tools to help clients deal with emotions, and to gain perspective during this challenging time.
In addition, our presenters will share how they help clients look for opportunities related to their financial and personal goals, including using their Donor Advised Fund (DAF) to help achieve their desire to accelerate community giving.
Jim co-founded The Aistear Group and serves as our team’s chief wealth management strategist. A Certified Financial Planner, he synthesizes the diverse elements of our clients’ financial plans and helps make certain that the strategies we recommend work in concert toward their ultimate objectives.
Through his more than 30-year financial services career, Jim has helped household name technology firms structure complex financings and wealthy families manage their portfolios and plan their estates. He joined Morgan Stanley in 2012 after tenures at such firms as KeyCorp and Bernstein Global Wealth Management. He holds the internal Morgan Stanley designations Insurance Planning Director and Dedicated Equity Plan Specialist.
A Morgan Stanley Family Wealth Advisor with the credentials to provide high net worth clients with the guidance they need to help meet the challenges that invariably accompany wealth, Jim graduated from The University of Washington with a BA in Finance and Marketing. Later, he earned a Financial Planning Certificate from The University’s Foster School of Business and an MBA from Seattle University. Outside the office, he is a self-professed serial volunteer who has served on a number of non-profit boards, including the YMCA and Northwest Family Business Advisors. He recently completed a term as chair of the Seattle’s Children’s Hospital Legacy Advisory Council and currently sits on the boards of Washington Planned Giving Council and Leave 10™.
Bareq co-founded The Aistear Group with the vision of serving as our clients’ personal CFO. His previous experience as a business owner and key executive convinced him that successful people often lack the time to focus on personal finances. What they needed, he reasoned, was the same caliber of financial advice and acumen that CFOs provide their CEOs on an ongoing basis.
Bareq joined Morgan Stanley in 2013, realizing the firm offers the extensive resources and collaborative spirit necessary to advise sophisticated clients. He soon earned the firm’s prestigious Family Wealth Advisor designation, a credential designated to less than 4% of Morgan Stanley’s Financial Advisors. He also holds the internal Morgan Stanley designations Insurance Planning Director, Dedicated Equity Plan Specialist, and Alternative Investments Director.
Bareq manages a number of client relationships but focuses much of his attention on the team’s investment efforts. As a Certified Investment Management Analyst, CIMA® professional, he oversees the creation of our portfolio models. Our disciplined investment process is implemented through analysis and identification of both internal and third party investment management organizations with histories of outstanding performance and organizational excellence. In addition Bareq obtained the Certified Private Wealth Advisor, CPWA® certification, a credential that furthered his ability to provide successful families with the guidance to help manage their assets, make more informed philanthropic decisions and transfer their wealth from one generation to the next without excessive taxation or family conflict.
He is Chair of the Board of Directors of Childhaven, a Seattle’s Children’s Hospital Legacy Advisor, a member of Northwest Family Business Advisors and a member of the East King County Estate Planning Council. In addition, he is a growing supporter of the Brain Injury Alliance of Washington.
Bareq is a graduate of University of Washington with a BS in Cell and Molecular Biology. He completed Yale School of Management’s distinguished Investment Management Theory & Practice and Wealth Management Theory and Practice programs, earning the prestigious CIMA® and CPWA® certifications. Bareq resides in Bellevue with his wife and three young children and their dog Baxter.