Gabriel Jafet
Executive Director, Financial Advisor, International Client Advisor
Phone:
(786) 491-7233(786) 491-7233
Blue Jade Team at Morgan Stanley
Direct:
(305) 376-8500(305) 376-8500
Our Mission Statement
Our mission is to navigate the complexities of the financial world with clarity and precision, fostering growth and security for generations to come. We don’t just help our clients achieve financial goals; we craft their legacies for generations to come.
Our Story and Services
We named the team the Blue Jade Team to reflect the qualities associated with this rare, highly valued gemstone—peace, serenity, and prosperity. The name was also inspired by Morgan Stanley’s signature blue. At Blue Jade Team at Morgan Stanley, we are dedicated to helping our clients build enduring legacies that span generations. As accomplished Financial Advisors, our primary focus is on preserving our clients' assets while seeking opportunities for income generation and market appreciation. We proudly serve individuals, families, and corporations across the U.S., Latin America, and Europe, with a particular expertise in the Brazilian and U.S. markets and regulations.
Our success is rooted in our unwavering commitment to putting clients first and fostering a collaborative team environment. Each member of our team is devoted to delivering exceptional service, ensuring that our clients receive the highest level of care and attention. With over *53 years of combined experience both domestic and global financial markets, our team consists of four financial professionals: two Financial Advisors, one Wealth Management Analyst, and one Registered Client Service Associate.
We pride ourselves on being effective communicators, actively listening to our clients' financial needs and objectives. We strive to ensure that our clients fully understand and feel confident in the financial options we present. As a multilingual team fluent in English, Portuguese, and Spanish, we are well-equipped to connect with clients across cultures. We are here to serve as your trusted family advisor, guiding you through important financial decisions for generations to come.
*Gabriel Jafet has 30 years and Tulio Gargantini has 23 years
Our success is rooted in our unwavering commitment to putting clients first and fostering a collaborative team environment. Each member of our team is devoted to delivering exceptional service, ensuring that our clients receive the highest level of care and attention. With over *53 years of combined experience both domestic and global financial markets, our team consists of four financial professionals: two Financial Advisors, one Wealth Management Analyst, and one Registered Client Service Associate.
We pride ourselves on being effective communicators, actively listening to our clients' financial needs and objectives. We strive to ensure that our clients fully understand and feel confident in the financial options we present. As a multilingual team fluent in English, Portuguese, and Spanish, we are well-equipped to connect with clients across cultures. We are here to serve as your trusted family advisor, guiding you through important financial decisions for generations to come.
*Gabriel Jafet has 30 years and Tulio Gargantini has 23 years
Services Include
- Alternative InvestmentsFootnote1
- Asset Management
- Cash Management and Lending ProductsFootnote2
- Corporate BondsFootnote3
- Estate Planning StrategiesFootnote4
- Executive Financial ServicesFootnote5
- Financial PlanningFootnote6
- Fixed IncomeFootnote7
- Foreign ExchangeFootnote8
- Institutional ServicesFootnote9
- Professional Portfolio ManagementFootnote10
- Stock Plan ServicesFootnote11
- Structured ProductsFootnote12
- Trust AccountsFootnote13
- Wealth ManagementFootnote14
- Wealth PlanningFootnote15
- Philanthropic ManagementFootnote16
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Our Approach
Discovery Process
Investing the time to learn about you and your family; your assets and liabilities and the risk exposures, enables us to formulate strategies and customize the relationship to your needs.
Formulation of Tax, Trust and Estate Strategy
Working with your tax and legal advisors, we help analyze your income and estate tax circumstances to identify and tailor planning techniques that may be used to address your objectives.
Creation of Customized Strategic Asset Allocation
Your customized asset allocation reflects risk, opportunities and taxation across multiple entities, while integrating your investing and estate plans.
Integration of Tactical Asset Allocation
Short-term adjustments seek to capitalize on temporary market distortions. Before making adjustments, we analyze the impact of taxes and trading costs on potential returns.
Implementation of a Customized Wealth Strategy
After comprehensive due diligence and analysis of expected results across multiple market scenarios, strategies are chosen from our expansive investment platform.
Ongoing Assessment
In coordination with your other advisors, we can conduct ongoing reviews and comprehensive reporting to ensure that your strategy adapts to changing financial and family needs.
Planning for Your Family's Needs
Executive Financial Services
We work closely with executives and working professionals to develop strategies and help navigate these situations. Together, we will review your specific plan so you can fully grasp the specifics and nuances of your situation. This will help you articulate specific goals which allows us to develop a plan to help you make the best decisions for your unique situation.
Business Succession Planning
Selling a business should be the reward for years of hard work. We work to understand your succession in the context of your overall financial picture and can help protect the connections between your personal objectives and business ambitions. We also work with your other advisors to help them understand your priorities and make certain they are reflected in your succession strategy.
Monetization Planning
Monetizing a privately held company requires seamless coordination of your personal wealth management and business monetization strategies. We can assist you at each stage of the process, highlighting key decisions, deadlines and milestones while working with your legal, tax and other advisors to help you increase value, reduce tax liabilities and integrate the proceeds of your sale into a comprehensive wealth management strategy.
Philanthropy Management
Your list of charitable goals is as unique as your idea of what a better world looks like. However, choosing your goals might be difficult when there are so many deserving causes and unmet needs. We can help guide you through this process. Let's talk about how.
Trusts and Estate Planning
We will work closely with you to help define how you want your life's work and wealth to continue to benefit the people and causes you love and care for. We examine your tax and estate planning strategies to ensure that your asset allocation analysis appropriately reflects your tax and estate planning's tax features.
Family Governance
Most families either never address their governance needs or wait until they are in a crisis—picking up the pieces afterwards—before they finally get serious about creating and implementing a robust family governance system.
Location
200 S Biscayne Blvd
Suite 1000
Miami, FL 33131
US
Direct:
(305) 376-8500(305) 376-8500
Meet Blue Jade Team
Tulio Gargantini
Executive Director, Financial Advisor, International Client Advisor
Phone:
(786) 491-7232(786) 491-7232
Fernando Azevedo
Wealth Management Analyst
Phone:
(786) 491-7293(786) 491-7293
Joana Roter
International Registered Client Service Associate
Phone:
(786) 491-7252(786) 491-7252
About Gabriel Jafet
Based in Miami, Florida, Gabriel Coutinho Jafet is an Executive Director for the International Wealth Management Division, at Morgan Stanley. With 30+ years of experience in the financial markets, being 22+ years in the Wealth Management business in the US, Jafet focuses on delivering sophisticated offshore investment strategies, asset allocation, and financial planning solutions for net-worth individuals, families, and business owners throughout Latin America, and the US.
Jafet’s career in private banking and wealth management in the US started in 2003 at Lehman Brothers Wealth Management division. He also served as Vice President at Barclays Wealth and Investment Management division, as well as Vice President at the Royal Bank of Canada (RBC) Wealth Management division. Prior to joining Morgan Stanley, he spent a decade as Director of Wealth Management at XP Investments, in Miami. This extensive institutional background gives him a deep understanding of cross-border financial landscapes, structural asset efficiencies, and long-term risk management.
Jafet is fluent in Portuguese, English, and Spanish. He has a solid academic foundation from having studied Business Administration at Fundação Getulio Vargas (FGV) and received an MBA from Texas McCombs School of Business at the University of Texas at Austin. Outside the office, Jafet channels his focus and discipline into competitive mountain bike racing and motocross. When he isn’t on the trails, he collaborates creatively as a guitarist in a local rock band. He is married to his wife of 21+ years and has two children.
Jafet holds the Series 3, 7, 63, and 66. Backed by Morgan Stanley’s elite global resources, Jafet is uniquely equipped to guide clients through the preservation, growth, and seamless generational transfer of their wealth.
NMLS# 2797919
Jafet’s career in private banking and wealth management in the US started in 2003 at Lehman Brothers Wealth Management division. He also served as Vice President at Barclays Wealth and Investment Management division, as well as Vice President at the Royal Bank of Canada (RBC) Wealth Management division. Prior to joining Morgan Stanley, he spent a decade as Director of Wealth Management at XP Investments, in Miami. This extensive institutional background gives him a deep understanding of cross-border financial landscapes, structural asset efficiencies, and long-term risk management.
Jafet is fluent in Portuguese, English, and Spanish. He has a solid academic foundation from having studied Business Administration at Fundação Getulio Vargas (FGV) and received an MBA from Texas McCombs School of Business at the University of Texas at Austin. Outside the office, Jafet channels his focus and discipline into competitive mountain bike racing and motocross. When he isn’t on the trails, he collaborates creatively as a guitarist in a local rock band. He is married to his wife of 21+ years and has two children.
Jafet holds the Series 3, 7, 63, and 66. Backed by Morgan Stanley’s elite global resources, Jafet is uniquely equipped to guide clients through the preservation, growth, and seamless generational transfer of their wealth.
NMLS# 2797919
Securities Agent: MA, TX, NY, CA, SD, LA, DE, CO, GA, IL, FL, NJ; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 2797919
NMLS#: 2797919
About Tulio Gargantini
Tulio Lemos Gargantini is an Executive Director for the International Wealth Management Division at Morgan Stanley based in Miami, Florida. With 23+ years of experience in financial markets and wealth management, Gargantini specializes in structuring comprehensive wealth management, asset allocation, and generational planning strategies for high-net-worth individuals, families, and entrepreneurs.
Gargantini began his career in financial services in 2003 at Safra National Bank of New York. He went on to build a deep understanding of complex market cycles, risk mitigation, and investment analytics. Prior to joining Morgan Stanley, he spent ten years as a Director of Wealth Management at XP Investments US, LLC. His career includes executive roles at leading global institutions, including Royal Bank of Canada, Barclays Capital Inc., and Lehman Brothers. This multi-firm institutional background allows him to navigate sophisticated cross-border financial landscapes and deliver highly tailored solutions for domestic and international clients alike.
Gargantini is fluent in Portuguese, English, and Spanish. He attended Pontifícia Universidade Católica de São Paulo (PUC) for his undergraduate Economics degree and received an MBA from Thunderbird School of Global Management at Arizona State University. In his free time, Gargantini enjoys boating and saltwater fishing. He is married with his wife of 19+ years.
Gargantini holds the Series 7, 63 and 66. His broad cross-border perspective combined with Morgan Stanley’s world-class resources enables him to help clients protect, grow, and seamlessly transition their wealth across generations.
Gargantini began his career in financial services in 2003 at Safra National Bank of New York. He went on to build a deep understanding of complex market cycles, risk mitigation, and investment analytics. Prior to joining Morgan Stanley, he spent ten years as a Director of Wealth Management at XP Investments US, LLC. His career includes executive roles at leading global institutions, including Royal Bank of Canada, Barclays Capital Inc., and Lehman Brothers. This multi-firm institutional background allows him to navigate sophisticated cross-border financial landscapes and deliver highly tailored solutions for domestic and international clients alike.
Gargantini is fluent in Portuguese, English, and Spanish. He attended Pontifícia Universidade Católica de São Paulo (PUC) for his undergraduate Economics degree and received an MBA from Thunderbird School of Global Management at Arizona State University. In his free time, Gargantini enjoys boating and saltwater fishing. He is married with his wife of 19+ years.
Gargantini holds the Series 7, 63 and 66. His broad cross-border perspective combined with Morgan Stanley’s world-class resources enables him to help clients protect, grow, and seamlessly transition their wealth across generations.
Securities Agent: GA, DE, NY, NJ, FL, CA, IL, TX, LA, MA, CO, SD; General Securities Representative; Investment Advisor Representative
About Fernando Azevedo
Fernando Feijo Azevedo is a distinguished Wealth Management Analyst with nearly 10 years of experience in wealth management and 13+ years in the broader financial services industry. His passion for helping clients achieve their financial goals is matched by his commitment to delivering exceptional service.
Azevedo's interest in financial markets is deeply rooted in his family history, with his grandfather, father, and uncle all having successful banking careers in Recife, Brazil, and Geneva, Switzerland. Inspired by their legacy, Azevedo aspired from a young age to work in the financial markets and experience Wall Street firsthand. In 2024, he realized his childhood dream of visiting the NYSE. Azevedo began his career at Banco do Brasil Americas in 2014, working in Banking. In 2017, he transitioned to Wealth Management by joining XP Investments US, LLC, where he spent nearly eight years helping to manage a portfolio exceeding $1.2 billion in assets. In 2024, he began building his own client book, growing it to nearly $150 million before joining Morgan Stanley in 2025.
Born in Recife, Brazil, Azevedo has spent most of his life in Miami, Florida, making him a true Miami native. His family's move to Miami in 1998 was driven by a desire for a safer and more prosperous future in the United States. Fluent in English, Portuguese, and Spanish, Azevedo offers a global perspective and a deep understanding of diverse markets. He holds a bachelor’s degree in economics from Florida International University, providing a strong foundation for his analytical and strategic approach to financial planning. Known for his dedication to personalized financial solutions, Azevedo has built a reputation for excellence and integrity, fostering lasting client relationships, and delivering outstanding results.
Azevedo holds Series 7 and 66. His broad cross-border perspective combined with Morgan Stanley’s world-class resources enables him to help clients protect, grow, and seamlessly transition their wealth across generations.
In his free time, Azevedo enjoys soccer, basketball, winter sports, golf, tennis, F1, traveling, reading, and exploring new restaurants. He is also active in the community, volunteering for causes such as the Special Olympics, Myasthenia Gravis awareness, homelessness alleviation with Igreja Vida com Vida, and children's events with the Vamos Falar Português Foundation, Inc. Most recently he partnered with Global Empowerment Mission to help package goods for hurricane relief for Jamaica and Seed School to help prepare for the new school year.
Azevedo's interest in financial markets is deeply rooted in his family history, with his grandfather, father, and uncle all having successful banking careers in Recife, Brazil, and Geneva, Switzerland. Inspired by their legacy, Azevedo aspired from a young age to work in the financial markets and experience Wall Street firsthand. In 2024, he realized his childhood dream of visiting the NYSE. Azevedo began his career at Banco do Brasil Americas in 2014, working in Banking. In 2017, he transitioned to Wealth Management by joining XP Investments US, LLC, where he spent nearly eight years helping to manage a portfolio exceeding $1.2 billion in assets. In 2024, he began building his own client book, growing it to nearly $150 million before joining Morgan Stanley in 2025.
Born in Recife, Brazil, Azevedo has spent most of his life in Miami, Florida, making him a true Miami native. His family's move to Miami in 1998 was driven by a desire for a safer and more prosperous future in the United States. Fluent in English, Portuguese, and Spanish, Azevedo offers a global perspective and a deep understanding of diverse markets. He holds a bachelor’s degree in economics from Florida International University, providing a strong foundation for his analytical and strategic approach to financial planning. Known for his dedication to personalized financial solutions, Azevedo has built a reputation for excellence and integrity, fostering lasting client relationships, and delivering outstanding results.
Azevedo holds Series 7 and 66. His broad cross-border perspective combined with Morgan Stanley’s world-class resources enables him to help clients protect, grow, and seamlessly transition their wealth across generations.
In his free time, Azevedo enjoys soccer, basketball, winter sports, golf, tennis, F1, traveling, reading, and exploring new restaurants. He is also active in the community, volunteering for causes such as the Special Olympics, Myasthenia Gravis awareness, homelessness alleviation with Igreja Vida com Vida, and children's events with the Vamos Falar Português Foundation, Inc. Most recently he partnered with Global Empowerment Mission to help package goods for hurricane relief for Jamaica and Seed School to help prepare for the new school year.
About Joana Roter
Joana Canseco Roter is originally from Rio de Janeiro, Brazil, and moved to Miami in late 2015, where she became surrounded by and inspired by a wide range of cultures, backgrounds, and perspectives.
Joana earned her degree in Finance from the University of Miami, building a strong foundation in financial markets, business principles, and practical, client-centered problem solving. She also completed an internship with Wells Fargo, where she gained hands-on exposure to the financial services industry, including client support and relationship development.
After passing the Series 7 and 66 examinations, Joana earned her designation as an International Registered CSA. She is known for delivering high-quality client support, with a consistent focus on service excellence, responsiveness, and strong relationship management.
With an international background and a passion for connecting with people, Joana brings a thoughtful, global perspective to her work. She is committed to growing every day, both personally and professionally, and is passionate about building meaningful client relationships based on trust, communication, and understanding.
Joana earned her degree in Finance from the University of Miami, building a strong foundation in financial markets, business principles, and practical, client-centered problem solving. She also completed an internship with Wells Fargo, where she gained hands-on exposure to the financial services industry, including client support and relationship development.
After passing the Series 7 and 66 examinations, Joana earned her designation as an International Registered CSA. She is known for delivering high-quality client support, with a consistent focus on service excellence, responsiveness, and strong relationship management.
With an international background and a passion for connecting with people, Joana brings a thoughtful, global perspective to her work. She is committed to growing every day, both personally and professionally, and is passionate about building meaningful client relationships based on trust, communication, and understanding.
Contact Gabriel Jafet
Contact Tulio Gargantini
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
A Simple Six-Step Retirement Checkup
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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
Iran Conflict: Seven Takeaways for Investors
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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
529 Plans: A Powerful Tool to Save for Education
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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
Ready to start a conversation? Contact Blue Jade Team today.
1Alternative 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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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
3Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
4Morgan 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 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.
6Morgan 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.
7Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
8GlobalCurrency is available to clients of Morgan Stanley Smith Barney LLC with an eligible brokerage account. Before undertaking foreign exchange transactions, clients should understand the associated risks.
Engaging in foreign currency transactions entails more varied risks than normally associated with transactions in the domestic securities markets. Attention should be paid to market, credit, sovereign, and liquidity risks. The foreign exchange transactions and deposits discussed in this material may not be appropriate for all clients. The appropriateness of a particular investment or strategy depends upon a client’s particular circumstances and objectives. This material does not provide individually tailored investment advice.
9Morgan 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.
10Morgan 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.
11Morgan 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.
12Structured 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.
13Morgan 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.
14Morgan 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.
15Morgan 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.
16Products 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.
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.
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 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.
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 | Morgan Stanley
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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
3Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
4Morgan 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 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.
6Morgan 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.
7Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
8GlobalCurrency is available to clients of Morgan Stanley Smith Barney LLC with an eligible brokerage account. Before undertaking foreign exchange transactions, clients should understand the associated risks.
Engaging in foreign currency transactions entails more varied risks than normally associated with transactions in the domestic securities markets. Attention should be paid to market, credit, sovereign, and liquidity risks. The foreign exchange transactions and deposits discussed in this material may not be appropriate for all clients. The appropriateness of a particular investment or strategy depends upon a client’s particular circumstances and objectives. This material does not provide individually tailored investment advice.
9Morgan 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.
10Morgan 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.
11Morgan 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.
12Structured 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.
13Morgan 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.
14Morgan 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.
15Morgan 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.
16Products 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.
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.
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Awards Disclosures | Morgan Stanley
CRC 4665150 (8/2025)
