Steven Clay is a registered investment advisor at Morgan Stanley, based in Pensacola, FL, with 29 years of industry experience. Their practice areas include Investment Management. Their firm serves 2,539,760 clients with $1700B in assets under management.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
23050 advisors
IM Fee
Planning only
Assets Under Management
$1650.0B
Fee Structure
Investment management only (planning not offered)
Annual Retainer:Up to $500,000/year
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Location
850 South Palafox Street, Suite 200, Pensacola, FL, 32502
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Regulatory History (1)
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Customer Dispute
August 2002Closed-No Action
Other Business Activities
Steven coaches a volleyball team at Gulf Breeze High School, starting in June 2025. This activity is not investment-related and takes about 10-20% of his time after business hours.
Employment History
Current Registrations
Morgan StanleyBroker
August 2023 - Present · 2 yrs 9 mos
Morgan Stanley
August 2023 - Present · 2 yrs 9 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
July 1996 - August 2023 · 27 yrs 1 mo
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
July 1996 - August 2023 · 27 yrs 1 mo
State Registrations23 states
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AdvisorBrokerBoth
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Exams
No exam information available for this advisor.