Morgan Stanley has announced Scott Arett, a financial adviser in the firm’s Green Bay office, has been accepted into the firm’s alternative investments director program.

The program was developed for financial advisers and private wealth advisers who have a minimum of five years relevant experience in alternative investments, meet the minimum criteria requirements and have significantly incorporated alternative investments into their practice.

Arett is a senior vice president at Morgan Stanley focused on helping meet the needs and providing solutions for high net worth and ultra-high net worth families and institutions since 2000.

As a senior vice president, he is responsible for facilitating estate planning, strategic and tactical allocation, portfolio optimization, investment manager allocation and investment strategies.

Arett completed the Morgan Stanley training program in 2001. A graduate of University of Wisconsin-Eau Claire, Scott attended the Wharton Business School at the University of Pennsylvania, completing coursework in conjunction with the Morgan Stanley consultants program in 2004. He also successfully completed the accreditation process for designation of wealth adviser with Morgan Stanley in 2006. Now, after over a decade of implementing high-level alternative investment strategies, Arett has received the exclusive alternative investment director designation, which is less than 3 percent of financial advisers within Morgan Stanley.

Arett is a 1985 graduate of Albert Lea High School.