Hugh Venrick is a registered investment advisor at Morgan Stanley, based in Sioux Falls, SD, with 44 years of industry experience. Hugh is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, High Net Worth, Investment Management, Retirement Planning. Their firm serves 2,703,720 clients with $2000B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Morgan Stanley Smith Barney LLC charges a fee for its consulting services, which is generally payable quarterly in advance. The maximum fee for the services is $500,000, and fees are negotiable between the client and their private wealth advisor.
Location
300 Cherapa Place, Suite 503, Sioux Falls, SD, 57103
Get directionsHistory
Regulatory History (1)
Customer Dispute
January 2014Other Business Activities
Hugh is a board member for Avera McKennan Hospital since 2022 and co-manages private investments through VGG Enterprises LLC since 2007, dedicating minimal time to each. He also serves as a FINRA Dispute Resolution Arbitrator since 2025, dedicating minimal time to this role.
Employment History
Current Registrations
Morgan Stanley
Morgan StanleyBroker
Previous Registrations
Morgan Stanley & CO. Incorporated
Morgan Stanley & CO. IncorporatedBroker
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Mesirow Financial, INC.Broker
Mesirow Investment Services, INC.Broker
Lauer and Company, INC.Broker
State Registrations36 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
More Advisors
- Corey WeideMorgan Stanley
- Jill Mollner, CFPRaymond James Financial Services Advisors, INC
- Michael Bonander, CFACastellum Capital Management LLC
- Matthew Johnson, CFASage Capital Advisors, LLC
- Kevin Garry, ChFCEagle Strategies LLC
- Ross Menke, CFPMariner