Brian Hammersley, CFP, CEPA
Executive Director, Wealth Management, Financial Advisor, Family Wealth Advisor, Alternative Investments Director, Portfolio Manager
Phone:
(512) 275-3210(512) 275-3210
Brian Enns, CFP®
Managing Director, Wealth Management,
Financial Advisor,
Family Wealth Director,
CERTIFIED FINANCIAL PLANNER®,
Alternative Investments Director
Direct:
(480) 368-6558(480) 368-6558
Toll-Free:
(800) 755-9755(800) 755-9755
My Mission Statement
"We partner with a select group of families to make intentional wealth decisions aligned with their values helping them build enduring legacies and meaningful charitable endeavors."
The Cohesive Story
The Cohesive Wealth Management Group advises founders, executives, and ultra-high net worth families on the stewardship of substantial wealth and the strategic decisions that shape enduring legacies. Our team specializes in helping clients navigate complex financial events- including business exits, concentrated equity positions, liquidity planning, family capital structures, sophisticated investment strategies, and multi-generational wealth transfer.
The mission of the practice is simple: help exceptional families preserve what they have built, optimize the opportunities ahead, and transfer wealth intentionally across generations and cherished causes.
Key Capabilities:
- Investment Management / Specialty in Private Investments
- Liquidity & Exit Planning
- Tax Optimization
- Estate & Legacy Planning
- Concentrated Equity Strategies
- Family Governance
- Philanthropic Planning
- Business Advisory & Corporate Solutions
Client Experience:
We serve a limited number of relationships to provide highly personalized advice, strategic coordination, and responsive execution. Our established networks within Morgan Stanley along with clients, trusted partners, and friends we bring additional value creation and support as needed. When clients describe our team, they often state: "We may not be one of the teams' biggest clients but we are treated and feel as if we are their most important client."
Philosophy:
"Values Driven. Built for Generations." - We believe wealth planning should support not only financial outcomes, but the people, relationships, and purpose behind them.
Disclosures:
Diversification does not guarantee a profit or protect against loss in a declining financial market.
Alternative investments are often speculative and include a high degree of risk. Investors can lose all or a substantial amount of their investment. They may be highly illiquid, can engage in leverage, short-selling and other speculative practice that may increase volatility and the risk of loss, and may be subject to large investment minimums and initial lock-ups. They may involve complex tax structures, tax inefficient investing and delays in distributing important tax information. They may have higher fees and expenses that traditional investments, and such fees and expenses can lower the returns achieved by investors.
Services Include
- Wealth PlanningFootnote1
- Wealth ManagementFootnote2
- Business Succession PlanningFootnote3
- Executive Financial ServicesFootnote4
- Alternative InvestmentsFootnote5
- Professional Portfolio ManagementFootnote6
- Cash Management and Lending ProductsFootnote7
- Estate Planning StrategiesFootnote8
- Philanthropic ManagementFootnote9
- Institutional ServicesFootnote10
- Corporate Investment SolutionsFootnote11
- Corporate Retirement PlansFootnote12
Securities Agent: MN, DE, NM, MT, ID, IA, AZ, WA, VA, KY, UT, OR, OH, NV, NJ, NE, GA, WI, MI, TN, RI, ME, FL, TX, NC, KS, AL, PR, PA, AK, SC, NY, NH, IN, IL, HI, DC, CO, MO, MD, MA, CT, CA, OK; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1278925
NMLS#: 1278925
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Corporate & Executive Solutions
Bespoke Client Services
Founders and senior executives often face uniquely complex financial decisions, balancing liquidity events, concentrated equity, tax strategy, business succession, and family priorities, while expecting a highly coordinated, concierge-level experience. To meet these demands, the Cohesive Wealth Management Group is built on the Money, Value, Purpose (MVP) approach, a framework designed to align financial strategy with what matters most and to anticipate the real-world complexities that accompany leadership and ownership. Each bespoke service outlined below is designed to deliver an exceptional experience and a comprehensive, integrated view of your wealth so you can make confident decisions at every stage of growth, transition, and legacy planning.
Founders Specialist
As a Founders Specialist, my team and I help guide you through every stage of your company's evolution and personal wealth journey. By leveraging experience across Morgan Stanley, we connect you to the right resources at the right time while addressing your unique wealth needs through strategic planning including cash flow management, tax-efficient wealth transfer, estate planning and more. This comprehensive support allows Founders to maintain focus on expanding their business while we help secure their financial interests.
Private Markets
Many of today's companies stay private longer, with more of their valuation being created before they become publicly traded. Morgan Stanley Private Markets connects a broad network of potential private investors in an accessible ecosystem, allowing eligible clients to buy and sell securities of private companies.
Alternative Investments
Our leading alternatives platform offers 200+ third-party and proprietary funds, including first look and exclusive opportunities, that may help qualified investors enhance returns, reduce volatility, manage taxes and generate income. From simplified vehicles available more broadly to institutional strategies, the platform supports a goals-based approach for asset allocation tailored to investor needs.
Donor Advised Funds (DAF)
A solution that may help you execute planned giving, offer an efficient way to donate complex and illiquid assets, and simplify charitable giving reporting while potentially mitigating taxes. Bring philanthropy into your wealth plan and help amplify the impact of your giving through the Morgan Stanley Global Impact Funding Trust (MS GIFT).
Total Tax 365
Taxes can be a substantial drag on investment returns. Morgan Stanley Total Tax 365 offers access to a broad range of tax-efficient strategies to help you integrate tax planning into your investment process all year long, maximize portfolio after-tax return potential, manage unrealized gains and help keep more of what you earn.
Financial Planning
Morgan Stanley Financial Planning can show you a single, comprehensive snapshot of your finances. We can help you create a wealth plan that's adaptable to the different stages of your life using our cutting edge tools- Goals Planning System (GPS) and LifeView.
Alternative Investments at Morgan Stanley
Click on the video below to see why our team uses alternative investments as a part of our practice.
Location
14850 N Scottsdale Rd
Suite 600
Scottsdale, AZ 85254
US
Direct:
(480) 368-6558(480) 368-6558
Toll-Free:
(800) 755-9755(800) 755-9755
Fax:
(630) 572-9030(630) 572-9030
Meet My Team
Richard Owen
Vice President, Financial Advisor, Financial Planning Specialist, Alternative Investments Director
Phone:
(630) 203-6103(630) 203-6103
Ty Robben
Vice President, Financial Advisor, Financial Planning Specialist
Phone:
(630) 573-9706(630) 573-9706
Michelle Derkowski
Portfolio Associate
Phone:
(630) 573-9771(630) 573-9771
Dawn Lacy
Portfolio Associate
Phone:
(512) 469-3438(512) 469-3438
About Brian Hammersley
After graduating from Indiana University in 2002, Brian fulfilled his lifelong dream of becoming a Financial Advisor. He joined his family at UBS, where he was mentored by his grandfather and learned the significance of integrity, honesty, and discipline when working with local families and businesses. His passion for helping clients align their Money, Values, & Purpose soon brought Brian to Morgan Stanley. Here, Brian continues to pursue one of his lifelong business goals: to assist in his client’s stewardship of assets for their philanthropic or family endeavors.
Brian is married to his wife, Kirstin and they have four children; Thatcher, Beckett, Georgia, & Jack. He spends his time enjoying the outdoors with the family, mountain biking, and all racquet sports.
Brian is married to his wife, Kirstin and they have four children; Thatcher, Beckett, Georgia, & Jack. He spends his time enjoying the outdoors with the family, mountain biking, and all racquet sports.
Securities Agent: IN, CA, VA, OR, OK, MT, MN, MA, KS, CT, AK, UT, IA, WI, NE, WA, TN, KY, TX, ME, MD, IL, ID, GA, FL, NM, DC, CO, AZ, RI, PA, OH, NC, AL, SC, PR, NY, NV, NJ, NH, MI, AR, MO; General Securities Representative; Investment Advisor Representative; Managed Futures
About Richard Owen
Richard P. Owen is a dual citizen of the US and Australia. He has over a decade of global experience working in the Financial Services sector in London, Miami, Melbourne and Chicago. His background and experience brings to the table a unique perspective in helping people with their most important financial decisions. Richard works closely with clients to create individualized plans that meet their financial goals.
Richard resides in Elmhurst with his wife, Kristin and two children. An avid cultural explorer, Richard has traveled extensively through the US, Europe, Central America, Asia and Australia. A proud father, he is the founder of the Chicago Dad’s Group; an active member of ANZACC (Australian New Zealand American Chamber of Commerce) and has keen interest in tech start-ups and sports.
Richard resides in Elmhurst with his wife, Kristin and two children. An avid cultural explorer, Richard has traveled extensively through the US, Europe, Central America, Asia and Australia. A proud father, he is the founder of the Chicago Dad’s Group; an active member of ANZACC (Australian New Zealand American Chamber of Commerce) and has keen interest in tech start-ups and sports.
Securities Agent: IN, ID, TN, OR, OK, NH, ME, RI, MA, DC, CO, AZ, AR, WI, PR, PA, IA, AK, NC, KY, VA, TX, SC, OH, MI, KS, FL, WA, MT, IL, GA, NV, NE, MO, UT, NJ, MN, MD, CT, CA, AL, NY, NM; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
About Ty Robben
Phone: 6305739706
Email: Ty.Robben@morganstanley.com
Ty joined Morgan Stanley in 2019 with a goal to work more directly with high-net worth families, entrepreneurs, and executives. This work has taught him the importance of providing personalized service as affluent families face complex challenges that are unique to them. He uses the latest technology to provide a modern wealth approach. This includes a detailed discovery process, tailored financial plans, and tools to manage investments and taxes.
Email: Ty.Robben@morganstanley.com
Ty joined Morgan Stanley in 2019 with a goal to work more directly with high-net worth families, entrepreneurs, and executives. This work has taught him the importance of providing personalized service as affluent families face complex challenges that are unique to them. He uses the latest technology to provide a modern wealth approach. This includes a detailed discovery process, tailored financial plans, and tools to manage investments and taxes.
Securities Agent: NH, FL, CA, PA, KS, AL, UT, TX, NJ, MN, CO, AZ, PR, OH, NE, MD, IA, TN, MO, WA, NY, MA, CT, SC, OK, MT, ME, DC, NV, NC, KY, IN, ID, AK, WI, VA, RI, NM, MI, IL, GA, OR; General Securities Representative; Investment Advisor Representative
About Michelle Derkowski
Phone: 630-573-9771
Email: michelle.derkowski@morganstanley.com
Michelle grew up in Rockville, Maryland and graduated from Methodist University in Fayetteville, North Carolina with a Bachelor of Science degree in Sociology and Social Work. She has worked in the financial services industry since 1992 and holds several professional licenses including FINRA Series 7, Series 63, and Series 65. Michelle handles all of the teams account administration and client communications. Her inherent disposition to always help others, leads her to provide thorough, caring, and personal service to each client. Michelle enjoys traveling and spending time with her family. She resides in Elmhurst, Illinois with her husband Dave, and two daughters, Julia and Lauren.
Email: michelle.derkowski@morganstanley.com
Michelle grew up in Rockville, Maryland and graduated from Methodist University in Fayetteville, North Carolina with a Bachelor of Science degree in Sociology and Social Work. She has worked in the financial services industry since 1992 and holds several professional licenses including FINRA Series 7, Series 63, and Series 65. Michelle handles all of the teams account administration and client communications. Her inherent disposition to always help others, leads her to provide thorough, caring, and personal service to each client. Michelle enjoys traveling and spending time with her family. She resides in Elmhurst, Illinois with her husband Dave, and two daughters, Julia and Lauren.
About Dawn Lacy
Phone: 512-469-3438
Email: Dawn.Lacy@morganstanley.com
Dawn Lacy is a Portfolio Associate at Morgan Stanley in Austin, Texas. She is committed to delivering a high level of service and personalized solutions to clients. A born and raised Texan, Dawn grew up in South Texas and moved to College Station to attend Texas A&M University. After receiving her Bachelors of Arts in Marketing, Dawn spent 11 years in Houston with Merrill Lynch before coming to Morgan Stanley in Austin in 2006. Dawn is married with two sons and enjoys watching sports and boating on Lake LBJ.
Email: Dawn.Lacy@morganstanley.com
Dawn Lacy is a Portfolio Associate at Morgan Stanley in Austin, Texas. She is committed to delivering a high level of service and personalized solutions to clients. A born and raised Texan, Dawn grew up in South Texas and moved to College Station to attend Texas A&M University. After receiving her Bachelors of Arts in Marketing, Dawn spent 11 years in Houston with Merrill Lynch before coming to Morgan Stanley in Austin in 2006. Dawn is married with two sons and enjoys watching sports and boating on Lake LBJ.
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
Paul Servidio
Managing Director, Head of Wealth Management Fixed Income
About Paul Servidio
Paul Servidio, Managing Director, Head of Wealth Management Fixed Income, joined Morgan Stanley in May 2004 and brings a wealth of experience and subject matter expertise to his role. His team, which consists of over 60 sales, trading and content professionals, is designed to deliver best execution trading services, dedicated sales coverage, resources and fixed income subject matter expertise that can assist our Financial Advisors and clients with portfolio strategy, portfolio construction, individual and/or portfolio analytics, timely market commentary as well as in-depth security analysis.
Paul earned a B.A. in Economics from American University, where he was also a member of the Golf team. He resides in Armonk, NY with his wife Jaimie, and three children, Andrew, Emily and Olivia.
Professional Affiliations
Member, FINRA Fixed Income Advisory Committee - advises and makes recommendations to FINRA about regulatory initiatives, rules and policies and public policy issues involving debt securities.
Paul earned a B.A. in Economics from American University, where he was also a member of the Golf team. He resides in Armonk, NY with his wife Jaimie, and three children, Andrew, Emily and Olivia.
Professional Affiliations
Member, FINRA Fixed Income Advisory Committee - advises and makes recommendations to FINRA about regulatory initiatives, rules and policies and public policy issues involving debt securities.
Morgan Stanley Wealth Management Fixed Income Sales and Product Professionals provide services to Morgan Stanley Wealth Management Financial Advisors for information purposes only. They do not provide recommendations or solicitations to participate in any offer or sale of a security or trading strategy. It is the responsibility of the Morgan Stanley Wealth Management Financial Advisor to take into account the client's circumstances, investment objectives and risk tolerance before offering or selling securities to a client, to ensure such offer or sale is appropriate and consistent with the applicable standard of care.
Wealth Management
Global Investment Office
Portfolio Insights
This is a video content
Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Ready to start a conversation? Contact Brian Enns today.
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.
1Morgan 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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3Morgan 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.
4Morgan 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.
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.
6Morgan 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.
7Morgan 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
8Morgan 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.
9Products 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.
10Morgan 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.
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.
12When 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.
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
1Morgan 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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3Morgan 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.
4Morgan 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.
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.
6Morgan 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.
7Morgan 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
8Morgan 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.
9Products 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.
10Morgan 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.
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.
12When 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.
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
CRC 4665150 (8/2025), 4763067 (9/2025)
