Rick Skae New York, NY Obituary-Death: Former Morgan Stanley Vice Chairman Remembered for Leadership, Mentorship, and Enduring Legacy**

The financial services industry continues to remember the extraordinary life and career of Richard “Rick” Alexander Rutherford Skae, a respected executive whose leadership helped shape the future of wealth management. Best known for serving as Vice Chairman of Wealth Management at Morgan Stanley, Rick Skae left a lasting mark on colleagues, clients, and the broader financial community through decades of visionary leadership, professional excellence, and unwavering commitment to helping others succeed.

Rick passed away on May 19, 2022, at the age of 65, leaving behind a legacy that extends far beyond his impressive career achievements. Friends, family, and former colleagues continue to honor his memory by celebrating the values that defined his life—integrity, generosity, mentorship, and genuine compassion.

Rick’s career in financial services began in 1981 with Kidder Peabody, where he developed the knowledge and expertise that would become the foundation of a distinguished professional journey. His ability to understand both the technical complexities of wealth management and the importance of building meaningful client relationships quickly earned him recognition throughout the industry.

Over the following decades, Rick held senior leadership positions at several of Wall Street’s most respected financial institutions, including Donaldson, Lufkin & Jenrette, PaineWebber, and Merrill Lynch. In each role, he demonstrated a forward-thinking approach to leadership, helping organizations navigate change while fostering a culture centered on collaboration, innovation, and exceptional client service.

In 2006, Rick joined Morgan Stanley, where he made some of the most significant contributions of his career. Rising to the position of Vice Chairman of Wealth Management, he played a pivotal role in developing the firm’s national wealth management strategy and supporting its continued growth during a period of transformation within the financial industry. His strategic vision and steady leadership earned him the respect of peers across the organization and throughout the investment community.

While Rick’s professional accomplishments were considerable, many who worked alongside him believe his greatest legacy lies in the countless people he mentored. He was widely known for investing time in developing financial advisors and future leaders, offering thoughtful guidance, encouragement, and opportunities for professional growth. Colleagues often recalled his willingness to share knowledge, celebrate the achievements of others, and lead with humility and optimism.

Following his passing, tributes poured in from coworkers, executives, and industry professionals who reflected not only on Rick’s business accomplishments but also on his kindness and generosity. Many credited him with helping shape their careers, inspiring confidence, and creating an environment where teamwork and excellence could thrive. His influence continues to be felt through the many professionals whose careers he helped nurture.

Outside of his professional life, Rick embraced every opportunity to enjoy time with family and friends. He was passionate about fly fishing and golf and appreciated the simple moments spent with loved ones. Those closest to him remember his adventurous spirit, infectious laughter, and playful sense of humor. Known as a legendary prankster among friends and colleagues, Rick brought warmth and joy to every gathering, creating memories that continue to bring smiles to those who knew him.

Rick is survived by his wife, Cherie; his daughter, Elizabeth; his mother, Phyllis; and many extended family members and lifelong friends who continue to honor his memory. Their love and remembrance reflect the deep relationships he cultivated throughout his life.

Although Rick Skae’s passing marked the conclusion of a remarkable career, his legacy continues through the professionals he mentored, the leadership principles he embodied, and the lasting impact he made on the wealth management industry. His example of integrity, vision, and compassion remains an inspiration for future generations of financial professionals.

Richard “Rick” Alexander Rutherford Skae will be remembered as an accomplished financial executive, trusted mentor, devoted husband and father, and respected friend. His influence continues to resonate within the financial services industry and in the hearts of all who had the privilege of knowing him.