Frank M. DeVincentis
Frank M. DeVincentisage 36
Senior vice president, Morgan Stanley Wealth Management
- Favorite nightcap: Rye Manhattan
- Was once the youngest member of Chicago Symphony Chorus
- Guilty pleasure: Jean-Claude Van Damme movies from the 90s
The music world’s loss is the financial advice industry’s gain – except that the music world didn’t entirely lose Frank DeVincentis. An opera singer, Mr. DeVincentis has performed as Germont in “La Traviata,” in the title role in “Sweeney Todd” and as Seneca in “L’incoranazione di Poppea.”
When he’s not performing, or serving as vice president of benefits for the Lyric Opera’s Guild Board, he’s earning applause as senior vice president and financial adviser with The Chicago Group at Morgan Stanley Wealth Management in Chicago. As a senior portfolio manager, Mr. DeVincentis has discretion over $250 million of his team’s $1 billion at the high-net-worth practice. “My team and I take financial planning and wealth planning incredibly seriously,” he said.
One example of that is an income strategy Mr. DeVincentis and his colleagues designed for income investors. “With the current interest-rate environment, we saw the need to generate income in a reliable and consistent fashion outside of traditional means,” he said. BlackRock later invited him to speak to its employees about the strategy.
Mr. DeVincentis also coaches younger members of the firm. “One of the things I’ve prided myself on is that other advisers come to me for planning or investment advice,” he said.
And on occasion he can give back to his alma mater, acting as a guest lecturer for investment classes at DePaul University.
– John Waggoner