Stein will work closely with the Retirement Services Group within Morgan Stanley Wealth Management. Based in New York, he will report to Paul Ricciardelli, managing director in Consulting Group Investment Advisor Research.
Stein joins Morgan Stanley from the Global Markets division of Bank of America Merrill Lynch, where he structured and marketed stable value wraps. He was responsible for negotiating wrap contracts and fund investment guidelines, as well as analyzing the underlying portfolios. Stein began his financial services career at ORIX USA Corporation, where he developed hedging strategies for proprietary corporate bond and real estate portfolios.
According to Ed O’Connor, managing director and head of Retirement Services, “I am excited Jeff has joined Morgan Stanley. We continue to enhance our capabilities in serving the defined contribution market and having dedicated stable value fund coverage reinforces our commitment.”
Stein graduated from Boston University with a B.A. in economics and received his M.B.A. from New York University, Stern School of Business.