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Daily News

SPRINGFIELD — The Naismith Basketball Hall of Fame and LEARFIELD announced an agreement with Morgan Stanley Global Sports & Entertainment centered around the Spalding Hoophall Classic high-school showcase. Through this relationship, Morgan Stanley will develop a tailored financial-literacy program for some of the top prep basketball student-athletes in the country and lead an in-person seminar for this year’s participants inside the newly renovated Basketball Hall of Fame on Sunday, Jan. 15.

Additionally, Morgan Stanley and the Basketball Hall of Fame will, together, honor the late Martin Luther King Jr., paying tribute to his life and legacy across all five nationally televised (on ESPN) Hoophall Classic games on Monday, Jan. 16.

“The Naismith Basketball Hall of Fame is excited to partner with Morgan Stanley to heighten the Hoophall Classic experience for the future stars of our game,” said John Doleva, president and CEO of the Naismith Basketball Hall of Fame. “The Naismith Basketball Hall of Fame prides itself on its commitment to developing these world-class prep athletes on and off the court. Introducing financial literacy to these young players who will likely start receiving NIL money and/or sign professional contracts in the immediate future is arguably one of the most essential skills we can give them.”

Sandra Richards, head of Morgan Stanley Global Sports & Entertainment, added that “we look forward to working with the Naismith Basketball Hall of Fame and LEARFIELD to deliver our fundamental financial-literacy programming to some of the nation’s best and brightest prep athletes, coaches, and staff. The Naismith Basketball Hall of Fame is a historic and globally renowned pillar to the sport of basketball and its culture. We are excited to collaborate with the Hall to prepare and empower these young men and women for the next phase of their educational, personal, and professional journeys. We believe financial education is a critical component to that effort.”

This year will mark the 21st year of the Hoophall Classic. The event will feature 31 games played over five days, throughout Martin Luther King Day weekend, at Springfield College. This year’s field, which boasts teams from 17 states, will feature 39 total players (34 boys and five girls) in ESPN’s Top 100 from the class of 2023.

Over the years, the Hoophall Classic has hosted more than 150 future NBA players during their prep careers, including Kevin Durant (2006), Kyrie Irving (2010), Anthony Davis (2011), Ben Simmons (2015), Jayson Tatum (2016), Zion Williamson (2018), and Anthony Edwards (2019-20); and featured the first five players taken in the 2021 NBA Draft: Cade Cunningham, Jalen Green, Evan Mobley, Scottie Barnes, and Jalen Suggs.

Daily News

SPRINGFIELD — Morgan Stanley announced that John Pappas, a financial advisor in the firm’s Springfield Wealth Management office, has been named to Forbes magazine’s list of Top Next-Gen Wealth Advisors.

The Forbes listing is a select group of individuals who were born in 1981 or later, have a minimum of four years of industry experience, and lead — or are viewed as potential leaders of — their teams. The ranking, developed by Forbes’ partner, SHOOK Research, is based on an algorithm of qualitative and quantitative data, weighing factors like revenue trends, assets under management, compliance records, industry experience, and best practices learned through telephone and in-person interviews.

“I am pleased that John Pappas is representing Morgan Stanley,” said John Carty, branch manager of Morgan Stanley’s Springfield office. “To be named to this list recognizes John Pappas’s professionalism and dedication to the needs of his valued clients.”

Daily News

SPRINGFIELD — Morgan Stanley announced that John Pappas, a senior vice president and financial advisor in its Wealth Management office in Springfield, has been named to the firm’s prestigious Century Club, an elite group composed of the firm’s top financial advisors. The appointment recognizes his consistent creativity and excellence in providing a wide range of investment products and wealth-management services to his clients.

Morgan Stanley Wealth Management provides access to a wide range of products and services to individuals, businesses, and institutions, including brokerage and investment advisory services, financial and wealth planning, cash management and lending products and services, annuities and insurance, and retirement and trust services.