Daniel Benkoski
Private Banker
Benjamin G Proctor III, CFP®
Executive Director, Wealth Management,
Financial Advisor,
Senior Investment Management Consultant
Direct:
(410) 494-8097(410) 494-8097
Toll-Free:
(800) 662-2576(800) 662-2576
My Mission Statement
To make a positive difference in your life, by leveraging our experience, intellectual capital and a commitment to highly personalized advice and service.
About Me
Thank you for visiting my practice web-site. With education being one of my core values, I have endeavored to continually fine tune my practice web-site to include myriad educational resources that can be leveraged to make informed financial decisions.
I have been in practice with Morgan Stanley, and predecessor, Smith Barney, since 2000. This has helped forge my understanding of how best to leverage the full resources of the firm for my clients’ benefit, by coordinating the strategies and specialists who are my colleagues, to ultimately help my clients realize their vision of their future. I aim to go above and beyond – to create the best experience I can for my clients – by leveraging my colleagues and best in class resources that we need to simplify their personal, professional and financial life.
Regarding wealth, I believe we can view it as not only encompassing our financial successes – but also the time we have invested in our families, the values that shape our lives and the legacies we hope to leave to our children and grandchildren. Thus, I strive to help my clients preserve every facet of their wealth.
What is your vision of the future you want for yourself and your family? We can work together to translate your vision into a written, hard-copy, and customized, goal-oriented wealth strategy that helps maximize opportunity and minimize risk. As a CERTIFIED FINANCIAL PLANNER™, I firmly believe in looking at the big picture, combining comprehensive financial planning with personalized investment strategies and wealth management solutions designed to help you achieve your most important goals.
My goal has been, and remains, to build long-term, multigenerational relationships with my clients – one that is founded on trust, integrity and exceptional service. I understand the diligence and determination behind created wealth. I have the demonstrated ability – and desire – to help my clients make informed, confident decisions about their financial futures. For me, the bottom line is that my clients’ success is my success.
On a personal note, I am married to Sherry. We celebrated our 20-year anniversary in June, 2022. We have two teens – Regan (16), and young Ben (15). We enjoy watching them play volleyball and lacrosse. I also enjoy landscaping, attending college football & lacrosse games, and playing doubles sand volleyball. I am a member of the Society of Mayflower Descendants, Maryland Chapter; a graduate of the University of Maryland, College Park; a proud member of the Terrapin Club; a Master Mason with Liberty-Pickering Lodge #219; and a Hereford High School Sports Booster.
I welcome a conversation to learn more about you and your family.
I have been in practice with Morgan Stanley, and predecessor, Smith Barney, since 2000. This has helped forge my understanding of how best to leverage the full resources of the firm for my clients’ benefit, by coordinating the strategies and specialists who are my colleagues, to ultimately help my clients realize their vision of their future. I aim to go above and beyond – to create the best experience I can for my clients – by leveraging my colleagues and best in class resources that we need to simplify their personal, professional and financial life.
Regarding wealth, I believe we can view it as not only encompassing our financial successes – but also the time we have invested in our families, the values that shape our lives and the legacies we hope to leave to our children and grandchildren. Thus, I strive to help my clients preserve every facet of their wealth.
What is your vision of the future you want for yourself and your family? We can work together to translate your vision into a written, hard-copy, and customized, goal-oriented wealth strategy that helps maximize opportunity and minimize risk. As a CERTIFIED FINANCIAL PLANNER™, I firmly believe in looking at the big picture, combining comprehensive financial planning with personalized investment strategies and wealth management solutions designed to help you achieve your most important goals.
My goal has been, and remains, to build long-term, multigenerational relationships with my clients – one that is founded on trust, integrity and exceptional service. I understand the diligence and determination behind created wealth. I have the demonstrated ability – and desire – to help my clients make informed, confident decisions about their financial futures. For me, the bottom line is that my clients’ success is my success.
On a personal note, I am married to Sherry. We celebrated our 20-year anniversary in June, 2022. We have two teens – Regan (16), and young Ben (15). We enjoy watching them play volleyball and lacrosse. I also enjoy landscaping, attending college football & lacrosse games, and playing doubles sand volleyball. I am a member of the Society of Mayflower Descendants, Maryland Chapter; a graduate of the University of Maryland, College Park; a proud member of the Terrapin Club; a Master Mason with Liberty-Pickering Lodge #219; and a Hereford High School Sports Booster.
I welcome a conversation to learn more about you and your family.
Services Include
- Wealth ManagementFootnote1
- Financial PlanningFootnote2
- Retirement PlanningFootnote3
- Professional Portfolio ManagementFootnote4
- 401(k) Rollovers
- Alternative InvestmentsFootnote5
- Lending Products
- Long Term Care InsuranceFootnote6
- Philanthropic Services
- Planning for Education FundingFootnote7
- Structured ProductsFootnote8
- Structured Settlement Annuities
- Trust Services*
Securities Agent: CT, AL, NJ, NH, LA, WV, VA, TN, IL, DE, PA, MD, DC, NY, MN, SC, MA, OH, AZ, MS, MI, IN, NC, GA, CA, RI, OR, FL, WA, TX, NV, NM, CO; General Securities Representative; Investment Advisor Representative
NMLS#: 2575817
NMLS#: 2575817
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
What Does Your Financial Picture Look Like
To help you work towards what is important to you, I leverage LifeView® - a suite of planning tools that includes goal-specific analysis to create a realistic, holistic strategy that integrates the various aspects of your financial life, including and not limited to: your investments and cash management needs – whether in the accumulation or distribution stage of your life; projected outcomes under different savings rates; life expectancy; illiquid investments; insurance; end of life, projected net worth; et al. It also includes Social Security analysis to determine the probability of success of beginning your benefit at different ages, thus gaining the ability to make informed, objective decisions around this important planning consideration.
LifeView® is a hard-copy document that utilizes probability analysis, versus linear, that helps us better understand the success.
LifeView®, importantly, provides ongoing, progress-to-goals reporting, so you can take the guess-work out of where you stand relative to your goals each year. We can run new ‘What If?’ scenarios at your request, as well as illustrate complex planning strategies such as methods of stock option exercise, Roth conversions and 401(k) early distributions under IRS Rule 72(t).
To get started click here:
Life View Planning ProcessLifeView® is a hard-copy document that utilizes probability analysis, versus linear, that helps us better understand the success.
LifeView®, importantly, provides ongoing, progress-to-goals reporting, so you can take the guess-work out of where you stand relative to your goals each year. We can run new ‘What If?’ scenarios at your request, as well as illustrate complex planning strategies such as methods of stock option exercise, Roth conversions and 401(k) early distributions under IRS Rule 72(t).
To get started click here:
Awards
2020-2023 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded 2020-2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2012-2016 and 2018-2023 Five Star Wealth Manager Award
Source: fivestarprofessional.com (Awarded 2012-2016 and 2018-2023) The award was determined based on an evaluation process conducted by Five-Star Professional based on objective criteria. The award was not based on a specific time period.
Source: Forbes.com (Awarded 2020-2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2012-2016 and 2018-2023 Five Star Wealth Manager Award
Source: fivestarprofessional.com (Awarded 2012-2016 and 2018-2023) The award was determined based on an evaluation process conducted by Five-Star Professional based on objective criteria. The award was not based on a specific time period.
- 2019-2022 Forbes Best-In-State Wealth Advisors
- 2012-2016, 2018-2023 Five Star Wealth Manager - Baltimore Magazine
Working With You
We accomplish your planning through a four-step process:
1) We gather complete financial information. This includes financial documents, completed questionnaires, and investment & insurance statements. We discuss your current financial picture, your goals and needs, investment & estate objectives, income requirements, and your ability to assume capital and income risk.
2) We complete a thorough analysis of this information. Using asset and investment vehicle allocation, together with market analysis, we develop your Financial Plan, which includes investment strategy designed around the minimum risk necessary to meet your objectives.
3) We review your Financial Plan. This includes your Retirement Planning Analysis, Personal Liability & Risk Assessment and Investment Plan – a detailed investment strategy with specific asset allocation and investment vehicle recommendations. We implement the plan.
4) We monitor and periodically review your Financial Plan. We will monitor both quantitative and qualitative aspects of your Plan and make necessary adjustments to reflect changes in your life, the financial markets, and economic conditions. I ask that you commit to periodically meeting with me to update and review together your Financial Plan, so that you know where you stand relative to your financial goals.
1) We gather complete financial information. This includes financial documents, completed questionnaires, and investment & insurance statements. We discuss your current financial picture, your goals and needs, investment & estate objectives, income requirements, and your ability to assume capital and income risk.
2) We complete a thorough analysis of this information. Using asset and investment vehicle allocation, together with market analysis, we develop your Financial Plan, which includes investment strategy designed around the minimum risk necessary to meet your objectives.
3) We review your Financial Plan. This includes your Retirement Planning Analysis, Personal Liability & Risk Assessment and Investment Plan – a detailed investment strategy with specific asset allocation and investment vehicle recommendations. We implement the plan.
4) We monitor and periodically review your Financial Plan. We will monitor both quantitative and qualitative aspects of your Plan and make necessary adjustments to reflect changes in your life, the financial markets, and economic conditions. I ask that you commit to periodically meeting with me to update and review together your Financial Plan, so that you know where you stand relative to your financial goals.
Research & Diligence
I strive to simplify complex financial ideas so that my clients understand what is being done on their behalf to plan for their financial future. I am a firm believer of giving my clients access to as many resources as possible so they can stay informed about the latest market trends, outlooks, and breakdowns. With the firm being a thought leader, I have the ability to execute on this objective. I have included, and regularly update, the below links as they provide real-time, succinct analysis on relevant topics that are affecting the finance and business worlds. This has a direct correlation to what we’re able to accomplish in our own financial lives.
Thoughts On The Market
Listen to Mike Wilson, Chief Investment Officer and Chief US Equity Strategist for Morgan Stanley, as he and his colleagues discuss a variety of viewpoints regarding the latest trends in the financial marketplace. Learn about their perspectives on the forces shaping the markets today and as well as their market outlooks for the future.
Click Here To ListenThoughts On The Market Podcast
Each week, Chief Cross-Asset Strategist Andrew Sheets, or a member of his team, offers perspective on the forces shaping the markets as well as insights on investment opportunities and risk across global asset classes.
Click Here To ListenWeekly Global Investment Committee Commentary
A blog version of Lisa Shalett's weekly commentary with the Global Investment Committee.
Check out this week's edition here.Lessons In Leadership
Morgan Stanley frequently invites influential figures in the sports, music, and entertainment industries to give talks regarding their careers and experiences with leadership.
To enjoy these lessons in leadership, click hereClient Service Team
Mandy Burnside, Senior Registered Client Service Associate
Phone:
(410) 494-8292(410) 494-8292
Email:mandy.burnside@ms.com
Working directly with Ben, Mandy is a Senior Registered Client Service Associate with over 25 years of proven wealth management experience. Mandy holds Series 7, 63, and 65 securities licenses and a Maryland Insurance License (Life & Health). Mandy is a knowledgeable and dependable resource for clients, here to assist clients with all aspects of servicing their Morgan Stanley accounts. Baltimore born and raised, Mandy is a mother of two, an avid Ravens fan and supporter of local charities, including Casey Cares, the Baltimore Food Project, and the Maryland Food Bank.
Location
2330 W Joppa Road
Ste 255
Lutherville, MD 21093
US
Direct:
(410) 494-8097(410) 494-8097
Toll-Free:
(800) 662-2576(800) 662-2576
Fax:
(410) 494-1869(410) 494-1869
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
Karen Pillets, CFP®
Financial Planning Director, Vice President
About Daniel Benkoski
Daniel J. Benkoski is a Private Banker serving Morgan Stanley Wealth Management offices in Maryland and Delaware.
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.
Daniel began his career in financial services in 2014 and joined Morgan Stanley in 2015. Prior to joining the firm, he was a Financial Advisor at AXA Advisors.
Daniel is a graduate of Pennsylvania State University, where he received a Bachelor of Science in Crime, Law, and Justice and a minor in Economics. He lives in Baltimore, Maryland. Outside of the office, Daniel enjoys traveling, golfing, and exploring the outdoors.
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.
Daniel began his career in financial services in 2014 and joined Morgan Stanley in 2015. Prior to joining the firm, he was a Financial Advisor at AXA Advisors.
Daniel is a graduate of Pennsylvania State University, where he received a Bachelor of Science in Crime, Law, and Justice and a minor in Economics. He lives in Baltimore, Maryland. Outside of the office, Daniel enjoys traveling, golfing, and exploring the outdoors.
NMLS#: 1653913
About Karen Pillets
Karen Pillets is a Vice President and Financial Planning Director serving Morgan Stanley’s Wealth Management offices in Delaware and Maryland. She is responsible for helping Financial Advisors with their clients’ and prospects’ financial planning needs.
Karen began her career in financial services in 1977 and joined Morgan Stanley in 2022. Prior to her current position, she worked at Fidelity Investments, State Farm, Provident Bank, Third National Bank, and Equitable Bank.
Karen graduated with a BA from what is now Mc Daniel College and an MBA from what is now Loyola University of Baltimore and holds her Certified Financial Planner® designation. Karen lives in Millsboro, Delaware. Outside of work, Karen enjoys exploring the waterways of Delaware and Maryland with family and friends. Supporting the Children’s Beach House and Milton Theatre are also favorite diversions.
Karen began her career in financial services in 1977 and joined Morgan Stanley in 2022. Prior to her current position, she worked at Fidelity Investments, State Farm, Provident Bank, Third National Bank, and Equitable Bank.
Karen graduated with a BA from what is now Mc Daniel College and an MBA from what is now Loyola University of Baltimore and holds her Certified Financial Planner® designation. Karen lives in Millsboro, Delaware. Outside of work, Karen enjoys exploring the waterways of Delaware and Maryland with family and friends. Supporting the Children’s Beach House and Milton Theatre are also favorite diversions.
Wealth Management
Global Investment Office
Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Mosaic
Explore ideas and inspiration with captivating, original lifestyle stories created exclusively for Morgan Stanley clients.
A Change of Greenery
Article Image
Ready to start a conversation? Contact Benjamin G Proctor III today.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
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.
3When 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.
4Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
5Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7When 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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
8Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
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.
3When 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.
4Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
5Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7When 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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
8Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
