Senior Vice President, Wealth Management, International Client Advisor, Portfolio Manager
Phone:
(619) 544-6509(619) 544-6509
Centaur San Diego Group at Morgan Stanley
Our Mission Statement
At our core we believe that your legacy can change the world. Let us earn our place in your story by protecting your legacy for life.
Our Story and Services
Have you ever heard the saying, if you want to go fast, go alone, but if you want to go far, go together? The Centaur San Diego Group at Morgan Stanley can get you there.
At our core we believe that your legacy can change the world. We can help turn your dreams into a plan and be there for you along the way. We are your personal team within a global leader, Morgan Stanley. This gives us access to some of the world’s most seasoned and respected investment professionals, a premier trading and execution platform and a full spectrum of investment choices. Empowered with these resources and over 80 years of combined experience, our team understands the unique challenges you face and utilizes a holistic approach to managing your wealth.
At our core we believe that your legacy can change the world. We can help turn your dreams into a plan and be there for you along the way. We are your personal team within a global leader, Morgan Stanley. This gives us access to some of the world’s most seasoned and respected investment professionals, a premier trading and execution platform and a full spectrum of investment choices. Empowered with these resources and over 80 years of combined experience, our team understands the unique challenges you face and utilizes a holistic approach to managing your wealth.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Our Clients
We work with a broad range of clientele. However, many of our clients find themselves and their families across more than one of the below categories.
Above all, our priority is to work with like-minded individuals who desire in depth financial, trust, and estate planning strategies complemented by customized portfolio management and a full suite of family office services. By leveraging the power of our team and a global firm to deliver these resources, we give our clients as much time as possible to focus on their lives where it matters most.
High Net Worth Clients
We enjoy working with highly accomplished and ambitious individuals who have already begun to leave their mark on the world. You worked tirelessly to reach what many might see at the peak of your career and wealth. At The Centaur San Diego Group, we understand, just as you do, that there is always room for growth, but that preservation of your efforts is also critical to sustained success. We support ultra high net worth individuals in keeping what they earn and creating a plan to build upon it. We leverage Morgan Stanley's vast resources to deliver solutions tailored to your unique needs and goals, while also maintaining your privacy and values.
Global and International Clients
Our team serves clients across the world. Whether you are a US citizen with global properties, citizenships, and investments, or an international citizen with US and global interests, Morgan Stanley International Wealth Management (IWM) harnesses the extensive capabilities of the firm to serve your needs. As an International Client Advisor team, we are familiar with the investment challenges and opportunities that are unique to different parts of the world, and can recommend highly customized strategies to help you address your specific goals. Bouncing between borders with significant wealth requires a sophisticated plan navigate the financial complexities of this lifestyle and establish a meaningful legacy.
Multi-Generational Families
Wealthy families have very unique needs that often lead to the formation of an official family office. Our team and Morgan Stanley can offer tailored solutions and dedicated teams to support your family and enterprise. Every family faces financial challenges that grow in complexity alongside their wealth and aspirations. Based on a deep understanding of these factors, we can help you create a customized, comprehensive plan to help you achieve your unique goals and legacy. Depending on your wealth situation, we may be able to offer family office resources like concierge services and governance support.
Business Owners & Enterprises
Whether you require assistance navigating the sale or transfer of your business, the advice or capital required to grow the business, or simply a plan which will safeguard your assets and build on your continued success, we are properly equipped to help you. Further, we understand adjusting to the sophisticated needs that arise when managing businesses and families across borders. We combine Morgan Stanley's vast resources with our specialized knowledge and experience to deliver for these clients.
Our Financial Solutions
We can leverage the breadth of our firm, with the balance of our boutique service model, to help meet your financial needs and connect you to the best resources available. Below are just a handful of the services we offer valued clients.
Professional Portfolio Management
Managing an investment portfolio should be a consultative, disciplined process that balances your attitudes about investing with careful analysis of the financial markets. Working together, we create a customized strategy that applies long-held investment principles to help reach your goals.
Cash Management & Lending
As a client, you will access a suite of cash management solutions to help you manage your everyday finances. We also provide qualified clients with financing solutions for almost any personal or business need using the eligible securities in your brokerage account as collateral for a flexible line of credit.
Tax Management
There are many tax-smart strategies for your financial plan. We'll help you make the tax decisions today that can help you save for years to come.
Intergenerational Wealth Planning
We understand family wealth, and we are experienced for every stage of life. Obstacles are a part of life, and we can help you create a financial plan with those setbacks in mind.
Legacy Planning
Life happens, and unexpected occurrences can happen at any time. The good news is there are best practices in legacy & estate planning that can better prepare you for the unforeseen. Multigenerational wealth creators are often challenged with difficult financial considerations that have a large impact on the size and scope of their legacy.
Our Process
As your dedicated Financial Advisors, our goal is to help tailor a personalized financial strategy which fits your unique needs. Through decades of working with clients, we have developed a step-by-step approach to service:
1. Discovery Process
We take the time to fully understand you and your family – whether you're planning for retirement, purchasing a home, or living out your golden years – we consider all of your challenges, goals, and aspirations when building your financial picture.
2. Forming Your Strategy
Our team works with you to assess various scenarios and advise you on the appropriate strategies designed to help meet those goals. Using your life goals as our compass, we create a risk-balanced strategy which maps a clear path to helping achieve your success.
3. Implementing Your Plan
We look across multiple accounts and products to identify the combination that helps you invest tax efficiently and meet your spending needs. We apply extensive research and analysis, and also utilize Morgan Stanley's full suite of resources, to help ensure swift decisive action in all market scenarios.
4. Measuring Your Success
Together we will review of your financial situation periodically with the ability to recommend adjustments according to your needs, life events and changing market conditions. We check in with you to deliver metrics around your portfolio, and ultimately measure trajectory towards your goals.
Centaur Videos
The 4 Step Process
Watch Here
The Centaur San Diego Group
Watch HereLocation
101 W Broadway
Ste 1800
San Diego, CA 92101
US
Direct:
(619) 238-3407(619) 238-3407
Meet Centaur San Diego Group
Phone:
(619) 238-3446(619) 238-3446
Ada Frausto
Portfolio Associate
Phone:
(619) 238-6275(619) 238-6275
Isaac Morales-Osuna
Registered Associate
Phone:
(619) 238-3407(619) 238-3407
Emilia Rivera
Registered Associate
Phone:
(619) 544-6903(619) 544-6903
Luis Camou
Wealth Management Analyst
Phone:
(619) 238-3403(619) 238-3403
Octavio Tudela
Registered Associate
Phone:
(619) 544-6533(619) 544-6533
About Alejandro Mendoza Velasco
Alejandro Mendoza has been in financial services for nearly 20 years. Since the day he stepped foot in a wealth management office, he knew financial advising was the path for him. While studying economics at Carleton College, Alex found himself gravitating towards the psychological and behavioral aspects of finance. These are now a cornerstone of his investment approach and client relationships. He empowers clients to make decisions by simplifying complexities and helps them navigate from economic to personal challenges with clarity.
His service model extends beyond managing your money; Alex focuses on determining and achieving your dreams and ideal legacy. He stewards global clients and business owners through sophisticated transnational matters and educates curious clients on relevant financial topics.
Outside of his dedication to financial advising, Alex is a devoted husband and father to his wife Elizabeth and three amazing children: Alejandro Gael (12), Talia (7), and Layla (2). They live in San Diego, where Alex stays active in the community through the Exit Planning Institute for business owners. To this day, he still makes time for the lifelong hobbies of chess and martial arts that he developed growing up in Mexico City and gets his children involved in them with him whenever he can. One day, he may get them involved in his love of motorsports and sailing as well.
His service model extends beyond managing your money; Alex focuses on determining and achieving your dreams and ideal legacy. He stewards global clients and business owners through sophisticated transnational matters and educates curious clients on relevant financial topics.
Outside of his dedication to financial advising, Alex is a devoted husband and father to his wife Elizabeth and three amazing children: Alejandro Gael (12), Talia (7), and Layla (2). They live in San Diego, where Alex stays active in the community through the Exit Planning Institute for business owners. To this day, he still makes time for the lifelong hobbies of chess and martial arts that he developed growing up in Mexico City and gets his children involved in them with him whenever he can. One day, he may get them involved in his love of motorsports and sailing as well.
Securities Agent: WY, OH, DE, CO, CA, ID, CT, NY, GA, FL, SC, MS, DC, SD, IL, TX, MN; General Securities Representative; Investment Advisor Representative
About Steven Douek
Steven Douek has been advising High-Net-Worth families and business owners around the globe for over 20 years. He and his multigenerational team offer personalized strategies to unique situations based on clients’ needs. He built the practice on the values of hard work, discipline, and accessibility to deliver tailored advice and develop client relationships rooted in mutual trust. It is this trust that keeps him motivated and growth-oriented. As the business has grown, so has Steven’s network of resources that he can offer to elevate the client experience.
Steven works tirelessly to deliver elite service, whether he is the bearer or the liaison, which has contributed to his success. Since arriving at Morgan Stanley in 2016, Steven has earned additional recognition as member of both the International Client Advisor Council and Morgan Stanley’s President’s Club. He credits these achievements to his valued clients and uses the resources they offer to elevate client service even further.
Steven grew up as a stellar student in Mexico City and has stayed true to his roots ever since. His intellectual curiosities have expanded from Economics at Universidad Iberoamericana to innovative new investment strategies that can offer increased value for clients. His circles have certainly expanded as well, but he maintains a consistent international focus in his business.
Steven works tirelessly to deliver elite service, whether he is the bearer or the liaison, which has contributed to his success. Since arriving at Morgan Stanley in 2016, Steven has earned additional recognition as member of both the International Client Advisor Council and Morgan Stanley’s President’s Club. He credits these achievements to his valued clients and uses the resources they offer to elevate client service even further.
Steven grew up as a stellar student in Mexico City and has stayed true to his roots ever since. His intellectual curiosities have expanded from Economics at Universidad Iberoamericana to innovative new investment strategies that can offer increased value for clients. His circles have certainly expanded as well, but he maintains a consistent international focus in his business.
Securities Agent: MD, MN, UT, SD, OH, NC, DE, CA, AZ, WA, MA, IL, FL, VI, SC, NY, WY, GA, CO, PA, VA, TX, ID, NV; General Securities Representative; Investment Advisor Representative
NMLS#: 1112511
NMLS#: 1112511
About Ada Frausto
Ada leads the team in all things account management. She aims to provide seamless and efficient solutions to meet diverse client needs, from onboarding to banking to daily transactions. Ada joined the team during a tumultuous time for our markets, July 2008, and has proved herself invaluable.
Prior to her work with us, Ada worked in telecommunications for 12 years and earned her BSBA from CETYS Universidad in Tijuana. She moved to San Diego in 2007 where she and her husband still live today with two young adult sons. They enjoy attending concerts and cheering on the San Diego Padres. When she has time to herself, Ada loves to run, and participates in running events on both sides of the border.
Prior to her work with us, Ada worked in telecommunications for 12 years and earned her BSBA from CETYS Universidad in Tijuana. She moved to San Diego in 2007 where she and her husband still live today with two young adult sons. They enjoy attending concerts and cheering on the San Diego Padres. When she has time to herself, Ada loves to run, and participates in running events on both sides of the border.
About Isaac Morales-Osuna
Isaac has been a Registered Associate on our team since June of 2022. He assists with new account openings, alternative investments, and lending solutions. Isaac began his career in finance back in 2009, so he has seen firsthand how turbulent the markets can be. He was drawn to the industry due to its fast-paced and dynamic nature, with the goal of keeping clients on track to achieve their goals through the markets’ ups and downs.
Outside of the office, Isaac has joyful, albeit uniquely busy, life at home with his wife and their quadruplets. Family is a consistent priority for him, as is spending time in nature. Camping and golfing are Isaac’s most recent hobbies, but he is always exploring other ways to get outdoors.
Outside of the office, Isaac has joyful, albeit uniquely busy, life at home with his wife and their quadruplets. Family is a consistent priority for him, as is spending time in nature. Camping and golfing are Isaac’s most recent hobbies, but he is always exploring other ways to get outdoors.
About Emilia Rivera
Emilia has been in the financial services industry for nearly a decade but is the newest member to join our team. Prior to joining Morgan Stanley in 2023, she serviced high net worth clients’ banking needs at Wells Fargo. In this role, she mastered delivering exceptional service to clients and even anticipating their needs at times. As our CSA, she has elevated this skillset even further and implements it across operations, onboarding, and even business development.
Outside of work, Emilia enjoys reading, gardening, and spending time with family. She and her husband are the proud parents of two young children, Juliana (7) and Matteo (4).
Outside of work, Emilia enjoys reading, gardening, and spending time with family. She and her husband are the proud parents of two young children, Juliana (7) and Matteo (4).
About Luis Camou
Luis Camou is the team’s point person on investment analysis and financial planning. He assesses opportunities and strategies as they relate to the market and individual client needs. He has been with the firm since March 2021 and joined our team about a year after that. Prior to Morgan Stanley, Luis studied finance at Monterrey Institute of Technology and Higher Education and worked in financial services at Actinver.
From Monterrey to San Antonio to, now, San Diego, Luis has pursued finance all along. He understands the positive impact that well-managed finances can have on people’s lives, especially in the face of an everchanging market. An intellectually curious person, Luis enjoys the persistent innovation and evolving trends that remain a pillar in our industry. There is always more to learn and explore.
From Monterrey to San Antonio to, now, San Diego, Luis has pursued finance all along. He understands the positive impact that well-managed finances can have on people’s lives, especially in the face of an everchanging market. An intellectually curious person, Luis enjoys the persistent innovation and evolving trends that remain a pillar in our industry. There is always more to learn and explore.
About Octavio Tudela
Octavio works with our clients to get them on board and implement on money movement decisions. He joined forces with Alex in February of 2023 after three years of portfolio modeling and planning for an independent RIA in San Diego.
Octavio has been in the area all his life, developing passions for surfing and tennis, like many natives, and studying at San Diego State. There, he earned a degree in business administration, with a concentration in finance. This course of action was informed by his longtime fascination with the markets and desire to help others achieve their goals. His role at The Centaur San Diego Group has allowed him to explore these interests further, while developing meaningful relationships with clients. Outside of work, he spends time with friends, family, and, most importantly, his dog, Kane.
Octavio has been in the area all his life, developing passions for surfing and tennis, like many natives, and studying at San Diego State. There, he earned a degree in business administration, with a concentration in finance. This course of action was informed by his longtime fascination with the markets and desire to help others achieve their goals. His role at The Centaur San Diego Group has allowed him to explore these interests further, while developing meaningful relationships with clients. Outside of work, he spends time with friends, family, and, most importantly, his dog, Kane.
Contact Alejandro Mendoza Velasco
Contact Steven Douek
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
Russ Gallen
Private Banker
Michael Mackowiak
Private Banker
About Russ Gallen
Russ Gallen is a Private Banker serving Morgan Stanley Wealth Management offices in California.
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.
Russ began his career in financial services in 2001, and joined Morgan Stanley in 2018 as a Private Banker. Prior to joining the firm, he was a Wealth Management Banker at Merrill Lynch.
Russ is a graduate of Arizona State University, where he received a Bachelor of Science in Finance. He lives in Carlsbad, California with his wife, Chelsea. Outside of the office, Russ enjoys golf, tennis and traveling.
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.
Russ began his career in financial services in 2001, and joined Morgan Stanley in 2018 as a Private Banker. Prior to joining the firm, he was a Wealth Management Banker at Merrill Lynch.
Russ is a graduate of Arizona State University, where he received a Bachelor of Science in Finance. He lives in Carlsbad, California with his wife, Chelsea. Outside of the office, Russ enjoys golf, tennis and traveling.
NMLS#: 684961
About Michael Mackowiak
Michael Mackowiak is a Private Banker serving Morgan Stanley Wealth Management offices in California.
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.
Michael began his career in financial services in 2008, and joined Morgan Stanley in 2019 as a Private Banker. Prior to joining the firm, he was a Premier Banker at Wells Fargo Bank, N.A.
He lives in Chula Vista, California with his family. Outside of the office, Michael enjoys watching soccer and baseball, traveling, and spending time with his family.
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.
Michael began his career in financial services in 2008, and joined Morgan Stanley in 2019 as a Private Banker. Prior to joining the firm, he was a Premier Banker at Wells Fargo Bank, N.A.
He lives in Chula Vista, California with his family. Outside of the office, Michael enjoys watching soccer and baseball, traveling, and spending time with his family.
NMLS#: 1069297
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
Are You Prepared for Tax Day?
Article Image
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
Article Image
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
Ready to start a conversation? Contact Centaur San Diego Group today.
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
2Alternative 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.
3Morgan 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.
4Structured 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.
5GlobalCurrency 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.
6Morgan 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
7Morgan 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.
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.
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
2Alternative 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.
3Morgan 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.
4Structured 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.
5GlobalCurrency 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.
6Morgan 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
7Morgan 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.
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.
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)
