Lauren Akers
Private Banker
Morgan Stanley Private Wealth Management
Andrella Thomas
First Vice President,
Private Wealth Advisor,
Alternative Investments Director,
Chartered Retirement Planning Counselor,
Certified Exit Planning Advisor™ (CEPA),
Workplace Advisor - Equity Compensation,
Insurance Planning Director
Direct:
(646) 995-8932(646) 995-8932
My Mission Statement
Empowering Founders with strategic advice for pre and post-exit financial planning while seeking to integrate with their tax, trust, estate planning, and legacy strategies.
Welcome
Drawing on more than 25 years of international (Mumbai and New York) banking and wealth management experience, Andrella Thomas focuses on HNI business and relationship development and creating customized asset allocation solutions for founders and C-suite executives. Her goal is to help her PWM clients organize their financial lives so they can focus on what they love to do, whether it is building their career or business or spending time with family. She takes a comprehensive approach to providing solutions for education, retirement, asset preservation and legacy planning, seeking to build long and productive relationships with each client she serves.
Andrella has received several awards and international recognitions, such as CEO Culture Hero and Top National Branch and Relationship Manager. She also holds the Chartered Retirement Planning Counselor (CRPC®) and Certified Exit Planning Advisor (CEPA) designation. She has a master’s degree in finance and commerce from Mumbai University, and recently completed the Executive Leadership program at Stanford University. Andrella also speaks five languages.
Andrella lives in Palm Beach, Florida, with her spouse of 25 years and two adorable daughters, ages 20 and 14. She enjoys giving back to the community through the Chamber of Commerce and the largest nonprofit Pan-Asian membership organization for business professionals and executives in North America, Ascend. Her initiative within Ascend is focused on making a positive impact in diversity and inclusion. She loves to read, practice yoga and dead lifting, and create new cuisine dishes with her daughters in her spare time.
Andrella Thomas has been named to Pacesetter's Club at Morgan Stanley Wealth Management (2021,22,23, and 24). This accolade recognizes consistent excellence in providing a wide range of investment products and wealth management services to clients. In addition to demonstrating leadership through best practices of wealth management, Morgan Stanley's recognition programs acknowledge the highest professional standards and world class client service.
Morgan Stanley Wealth Management Pacesetter's Club members must meet a number of criteria including performance, conduct and compliance standards, revenue, length of experience and assets under supervision. Club membership is no guarantee of future performance.
Andrella has received several awards and international recognitions, such as CEO Culture Hero and Top National Branch and Relationship Manager. She also holds the Chartered Retirement Planning Counselor (CRPC®) and Certified Exit Planning Advisor (CEPA) designation. She has a master’s degree in finance and commerce from Mumbai University, and recently completed the Executive Leadership program at Stanford University. Andrella also speaks five languages.
Andrella lives in Palm Beach, Florida, with her spouse of 25 years and two adorable daughters, ages 20 and 14. She enjoys giving back to the community through the Chamber of Commerce and the largest nonprofit Pan-Asian membership organization for business professionals and executives in North America, Ascend. Her initiative within Ascend is focused on making a positive impact in diversity and inclusion. She loves to read, practice yoga and dead lifting, and create new cuisine dishes with her daughters in her spare time.
Andrella Thomas has been named to Pacesetter's Club at Morgan Stanley Wealth Management (2021,22,23, and 24). This accolade recognizes consistent excellence in providing a wide range of investment products and wealth management services to clients. In addition to demonstrating leadership through best practices of wealth management, Morgan Stanley's recognition programs acknowledge the highest professional standards and world class client service.
Morgan Stanley Wealth Management Pacesetter's Club members must meet a number of criteria including performance, conduct and compliance standards, revenue, length of experience and assets under supervision. Club membership is no guarantee of future performance.
Securities Agent: MT, TX, AR, CO, VA, OR, PA, MA, GA, SD, SC, IA, CA, RI, WI, WA, WV, NV, NY, NJ, OK, NC, NE, FL, ID, IL, DE, LA, KY, MD, MN, MO, CT, WY, AK, AL, VT, UT, TN, PR, OH, NH, MS, MI, ME, HI, DC, AZ; General Securities Representative; Investment Advisor Representative
NMLS#: 918831
NMLS#: 918831
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
About PWM
Founded in 1977, Private Wealth Management is the division of Morgan Stanley Wealth Management that is dedicated to serving the firm’s most affluent clients, including some of the world’s most accomplished entrepreneurs, executives and stewards of multigenerational wealth. Functioning as an exclusive investment boutique within a global financial firm, we deliver sophisticated solutions that leverage the intellectual capital and insight of Morgan Stanley’s substantial global resources. Drawing on a deep understanding of your financial life, our goal is to help you:
- Manage investments with an unwavering focus on your financial strategy and personal goals
- Create comprehensive, multigenerational wealth management plans based on your needs, challenges and the values that guide your life and legacy
- Simplify financial complexity to help you achieve clarity and control
Private Wealth Management Highlights
- Approximately 300 teams specialized in assisting individuals and families with $20MM+ in investable assets
- Over $1.2 trillion in AUM
- Comprising 26% of the Barron’s Top 100 Financial Advisors list for 2025
- Direct access to ultra high net worth experts in philanthropy, family dynamics, wealth transfer, lifestyle advisory and other areas of interest to ultra high net worth families
1 Morgan Stanley Wealth Management, September 2025
Source: Barron's (Awarded March 2025) This ranking was determined based on an evaluation process conducted by Barron's for the period Oct 2023-Sept 2024. Neither Morgan Stanley Smith Barney LLC nor its Financial Advisors or Private Wealth Advisors paid a fee to Barron's to obtain or use the ranking. This ranking is based on an algorithm that includes client retention, industry experience, review of compliance records, firm nominations, and quantitative criteria, including assets under management and revenue generated for their firms. Investment performance is not a criterion. Rankings are based on the assessment of Barron's and may not be representative of any one client’s experience. This ranking is not indicative of the Financial Advisor’s future performance. Morgan Stanley Smith Barney LLC is not affiliated with Barron's. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved.
Service For Virtual/Multi Family Office
Our advisory team supports founders and business owners through liquidity events and beyond, and we also work with individuals and families who are building—or modernizing—a Virtual or Multi‑Family Office. Across both verticals, we help clients align wealth strategy with purpose, build durable infrastructure, and implement an investment approach that fits their goals and governance. Whether you are establishing your first family office framework or refining an existing platform, our aim is to provide clear, actionable guidance and connect you with the right resources to help execute.
Family Office Wealth Management
The Morgan Stanley Family Office landing page provides a number of insights into the various services offered, all of which are positioned to better serve your needs.
Explore Here
Morgan Stanley Family Office
When it comes to providing institutional-level support for your family office, scale matters. Our offering aims to bring together specialized investment services and operational support to enhance your life and legacy.
Read Here
Compensation Practices
Examine this biennial survey report prepared by Botoff Consulting that offers compensation benchmarks and trends to help inform family office staffing, salary, benefits, and incentive decisions.
Learn More
Architecting a Family Office
Read our most recent piece that illustrates how we can help your family turn a clear vision into an enduring legacy—by building the governance, operational infrastructure, and strategic partnerships needed to create or refine a family office with confidence.
Discover MoreOur Suite of Services for Business Owners
Founder-to-Liquidity Guidance
Our team offers support across virtually every stage of your company's evolution and your personal wealth journey—from forming the business through post-liquidity planning.
Integrated Business + Personal Wealth Strategy
We aim to align business decisions with your broader financial plan, helping to pursue long-term goals while maintaining day-to-day flexibility.
Cash Flow & Liquidity Planning
Coordinating personal and business liquidity needs, including planning around financing events and liquidity rounds.
Tax-Aware Planning Coordination
The team will evaluate strategies intended to reduce personal, corporate, and estate tax exposure in coordination with your tax and legal advisors.
Succession, Estate, and Legacy Planning
Developing business succession and estate planning approaches designed to preserve wealth across generations and support an enduring legacy.
Business Value and Monetization Readiness
We assist with understanding and maximizing enterprise value, evaluating monetization paths (e.g., public vs. private), and preparing for key milestones and deadlines.
Capital and Strategic Network Access
We leverage Morgan Stanley resources and a network of specialists to explore alternative sources of capital and connect with potential buyers or investors.
Talent and Governance Considerations
Expect support for planning around recruiting and retaining key employees, alongside assembling the perfect fit of an advisory team that covers, tax, corporate law, investment banking, or other needs.
Insights & Resources
Welcome to Investor Resources—your hub for timely insights and actionable guidance. Here you'll find our two most recent team newsletters, information on Morgan Stanley's Global Investment Committee (GIC), and a curated set of tools and perspectives designed to help proactive investors stay informed, evaluate opportunities, and navigate changing markets with confidence.
Founder Insights (June)
Take a look at the June edition of Founder Insights:
1. Capital Markets: A look at what’s building in the 2026 IPO calendar—including the potential for outsized debuts—and what that could mean for public-market breadth and index composition.
2. Research: Key takeaways from our 2026 Midyear Investment Outlook—where our Global Investment Committee sees opportunity, and where it’s staying disciplined across equities, the U.S. economy, and credit.
3. Market Trends: Fresh findings from Morgan Stanley at Work on workplace financial benefits—and how employers are adjusting programs to meet evolving employee needs.
4. Insights: Perspectives from Morgan Stanley’s Innovation & Impact Summit: Future of Finance 2026 on the themes and innovations shaping the next leg of growth.
Read More Here1. Capital Markets: A look at what’s building in the 2026 IPO calendar—including the potential for outsized debuts—and what that could mean for public-market breadth and index composition.
2. Research: Key takeaways from our 2026 Midyear Investment Outlook—where our Global Investment Committee sees opportunity, and where it’s staying disciplined across equities, the U.S. economy, and credit.
3. Market Trends: Fresh findings from Morgan Stanley at Work on workplace financial benefits—and how employers are adjusting programs to meet evolving employee needs.
4. Insights: Perspectives from Morgan Stanley’s Innovation & Impact Summit: Future of Finance 2026 on the themes and innovations shaping the next leg of growth.
Founder Insights (April)
Take a look at the April edition of Founder Insights:
1. Tax Strategies: Learn how eligible founders may be able to use QSBS more effectively—and why proactive planning can be critical before a liquidity event.
2. Technology Insights: Explore key themes and forward-looking takeaways from Morgan Stanley’s Technology, Media & Telecom Conference in San Francisco.
3. Research: Read why AI’s impact on labor markets may be more measured than headlines suggest, with historical context to frame what could come next.
4. Family Office: Review From Vision to Structure: Architecting a Family Office for practical considerations on building governance, investment, and operational infrastructure aligned to your family’s goals.
Read More Here1. Tax Strategies: Learn how eligible founders may be able to use QSBS more effectively—and why proactive planning can be critical before a liquidity event.
2. Technology Insights: Explore key themes and forward-looking takeaways from Morgan Stanley’s Technology, Media & Telecom Conference in San Francisco.
3. Research: Read why AI’s impact on labor markets may be more measured than headlines suggest, with historical context to frame what could come next.
4. Family Office: Review From Vision to Structure: Architecting a Family Office for practical considerations on building governance, investment, and operational infrastructure aligned to your family’s goals.
The Global Investment Committee
Led by Lisa Shalett, Morgan Stanley Wealth Management's Global Investment Committee (GIC) brings together senior investment professionals to assess the global economy and financial markets and set the investment outlook that helps guide our recommendations to clients. Explore the GIC team bios to learn more about the experience and perspectives behind our views.
Introducing the GIC
The GIC Weekly
The GIC Weekly—our Global Investment Committee's most prominent pulication—offers insights into the committee's latest thinking on the markets. With timely updates to asset class performance, earnings estimates, and other outlooks, we encourage you to be apart of the weekly distribution list staying on top of current trends.
Explore This Week's Installment
Income and Estate Tax Planning Toolkit
Exploring factors relevant to existing estate structures and strategies, make use of this resource to expand on the basic & advanced tactics that can assist with staying ahead of the curve.
Learn More
2026 Federal Tax Tables
This helpful document provides the 2026 tax rate schedule, standard deductions and personal exemption, gift and estate tax exclusions, retirement contribution and deduction limits, etc.
View Here
Thoughts on the Market Podcast
Our perspectives and thoughts on long term macro economic and financial trends.
Click Here to Listen
Morgan Stanley Ideas
Current themes and market trends in sustainability, healthcare, robotics, technology, and disruption.
Read the Latest ArticlesLocation
450 Royal Palm Way 5th
Fl
Palm Beach, FL 33480
US
Direct:
(646) 995-8932(646) 995-8932
The Power of Partnerships
By partnering with experienced individuals across wealth disciplines, Morgan Stanley Financial Advisors can align specialized resources with your custom needs and deliver strategic guidance through the familiarity and trust of existing relationships
About Lauren Akers
Lauren Akers is a Private Banker serving Morgan Stanley Wealth Management offices in Pennsylvania.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Lauren began her career in financial services in 2011 and joined Morgan Stanley in 2013 with the Home Loans Division. Prior to joining the firm, she served as a Credit Analyst at PHH Mortgage.
Lauren is a graduate of Rider University, where she received a Bachelor of Science in Business Administration with a concentration in Finance. She and her family currently reside in Chesterfield, New Jersey.
Outside of the office, Lauren dedicates her time to her family and several volunteer activities. She also enjoys spending time with her 2 kitties, cooking, baking, reading, gardening, shopping, traveling, and going to the beach. Lauren remains active by exercising and participating in 5K runs.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Lauren began her career in financial services in 2011 and joined Morgan Stanley in 2013 with the Home Loans Division. Prior to joining the firm, she served as a Credit Analyst at PHH Mortgage.
Lauren is a graduate of Rider University, where she received a Bachelor of Science in Business Administration with a concentration in Finance. She and her family currently reside in Chesterfield, New Jersey.
Outside of the office, Lauren dedicates her time to her family and several volunteer activities. She also enjoys spending time with her 2 kitties, cooking, baking, reading, gardening, shopping, traveling, and going to the beach. Lauren remains active by exercising and participating in 5K runs.
NMLS#: 1457897
Private Banking Group (PBG) Market Managers, Senior Private Bankers, Private Bankers, and Associate Private Bankers are employees of Morgan Stanley Private Bank, National Association.
Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC.
Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC.
Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Wealth Management
Global Investment Office
Portfolio Insights
This is a video content
Managing Significant Wealth
- Investment Management
- Wealth Transfer & Philanthropy
- Cash Management & Lending
- Family Governance & Wealth Education
- Lifestyle Advisory
- Business Services
PWM Leadership Insights & Outcomes
Article Image
Insights and Outcomes
Thought Leadership for our ultra high net worth clients, which contains thought-provoking articles, authored by leading experts from Morgan Stanley Family Office Resources.
Private Wealth Management Podcast
Bringing you engaging stories and key insights surrounding the complexities associated with significant wealth, including:
- Intergenerational Planning
- Philanthropic Giving
- Non-Traditional Assets
- Managing Family Wealth
We look forward to discussing your needs and goals, and the exceptional resources we can place at your disposal.
1Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
3Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
4Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
5Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
6When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
7Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
The securities/instruments, investments and investment strategies discussed on this website may not be suitable for all investors. The appropriateness of a particular investment or investment strategy will depend on an investor's individual circumstances and objectives. The views and opinions expressed on this website may not necessarily reflect those of Morgan Stanley Smith Barney LLC (“Morgan Stanley”). This website and its associated content are intended for U.S. residents only.
Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice. Visitors to this website should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
Morgan Stanley Private Wealth Advisers may only transact business in states where they are registered or excluded or exempted from registration. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Morgan Stanley Private Wealth Advisers are not registered or excluded or exempt from registration.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
See the Financial Advisors Biographies for Registration and Licensing information.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.
Lifestyle Advisory Services: Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Private Bankers are employees of Morgan Stanley Private Bank, National Association.
Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Awards Disclosures | Morgan Stanley
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
3Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
4Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
5Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
6When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
7Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
The securities/instruments, investments and investment strategies discussed on this website may not be suitable for all investors. The appropriateness of a particular investment or investment strategy will depend on an investor's individual circumstances and objectives. The views and opinions expressed on this website may not necessarily reflect those of Morgan Stanley Smith Barney LLC (“Morgan Stanley”). This website and its associated content are intended for U.S. residents only.
Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice. Visitors to this website should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
Morgan Stanley Private Wealth Advisers may only transact business in states where they are registered or excluded or exempted from registration. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Morgan Stanley Private Wealth Advisers are not registered or excluded or exempt from registration.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
See the Financial Advisors Biographies for Registration and Licensing information.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.
Lifestyle Advisory Services: Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Private Bankers are employees of Morgan Stanley Private Bank, National Association.
Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Awards Disclosures | Morgan Stanley
CRC 4677197 (7/2025), 4763067 (9/2025)
