Eliot M. Shatzman

Eliot M. Shatzman is Senior Vice President - Wealth Management , Senior Portfolio Manager and Portfolio Management Director in the Bethesda, Maryland office of Morgan Stanley Smith Barney. Since 1984, Eliot has specialized in assisting senior corporate executives, doctors, business owners and other professionals with their investment, retirement and estate planning needs. His depth of experience investing financial assets and retirement assets, as well as corporate assets and corporate retirement plans, has helped contribute to the financial success of his clients. Eliot's strength is simplifying the financial life of his clients. His approach is comprehensive. He looks for areas of weakness in his clients' financial affairs and provides solutions. Eliot is a Senior Portfolio Manager in Morgan Stanley Smith Barney's prestigious Portfolio Management Group. While at Legg Mason, his superior record of performance had earned him membership on the Legg Mason President's Council. Before joining Legg Mason Wood Walker, Inc. in 1992, Eliot was employed by Bankers Trust Company in New York. He was responsible for managing the Brokerage Services division, providing investment services to high-net-worth investors around the globe. His experience includes institutional investing and trading for Fortune 500 corporations, Mutual Funds, Public Pension Funds and Institutional Investment Advisors. In addition to his management and trading roles at Bankers Trust Company, Eliot has had the rare experience of working on the trading floor of the New York Stock Exchange.

Active in the civic community, Eliot has served on the Board of Directors for the American Heart Association and the Jewish Social Service Agency. He has also served as committee chairman for St. Jude Children’s Research Hospital.

Business Profile

Eliot's practice is committed to one theme: Simplifying the financial life of his clients. He accomplishes this through his comprehensive approach to understanding the needs of his clients and providing solutions at every stage of their financial life. Eliot's services include:

- Estate Planning
- Business Succession Planning
- Employee Stock Options
- Financial Planning
- Retirement Planning
- College Education Planning
- Insurance Reviews
- Long Term Care Insurance
- Asset Allocation Modeling
- Annuity Reviews
- Mutual Fund Reviews


Eliot specializes in portfolio management, with heavy emphasis on reducing the burden of taxes that can erode net worth. He continues his focus on tax reduction by presenting you with intergenerational wealth transfer strategies that can help you maximize what can be passed on to your family. Combined with Morgan Stanley Smith Barney's access to virtually every financial product or service, Eliot brings to you the resources and expertise to help you reach and maintain financial security.