Christopher Petralli

Events such as death, disability, or retirement of a business owner don't have to mean the end of a successful business. Succession planning can provide for an orderly transition of ownership and business management during lifetime or at death. There are various options for structing and funding buy-sell agreements, key employee needs, and other executive benefits programs.

Creating and growing a successful business is seldom just about money, nor is the decision to exit the business. Whether that exit is through IPO, merger with another company, private sale, or succession within the family, the process is intense, the details are complex, and the decisions are often an unexpected combination of personal and financial needs. Morgan Stanley has been helping business owners like you bring clarity and confidence to what is typically a once-in-a-lifetime event.

How performance shares work:

• The difference between incentive and non-qualified stock options, as well as restricted stock awards and units.

Designed for executives who have significant wealth in stock and options of their company, the Concentrated Stock and Options Analysis illustrates various valuations of holdings as well as hypothetical diversification scenarios.

As a corporate executive, you may be aware of material non-public information at any time and can also face company-imposed quarterly or specific blackout periods restricting market access to trading your company stock. A 10b5-1 plan is designed to address these issues. By utilizing a 10b5-1 plan, you can gain an affirmative defense against claims of insider trading. Your plan can include tailored trading schedules that coordinates with your personal need for liquidity and your own timing requirements.

Morgan Stanley Family Office Resources provides specialized, technical expertise to select clients across a broad range of family wealth management issues. Our core capabilities span three complimentary areas of focus including Governance & Legacy, Wealth Strategies and Signature Access.

Active investing is at the heart of Bopp Montalvo Group. We believe an overly active trading strategy has inconsistent proof of being neither effective nor prudent while a buy and hold approach to investing can be equally inefficient. Rather we feel a targeted tactical approach to investing, which consists of constant monitoring of the specific investments as well as asset allocation percentage changes, is extremely important. This results in occasional and periodic asset replacement and market navigation with cash.

It is important to understand how taxes can affect after-tax returns on a basic level. It is widely understood that the realization of gains and payment of taxes will ultimately have an impact on the ending value of the investment portfolio, but by how much? Tax-Efficiency and Active Tax-Loss Harvesting are prominent strategies targeted at minimizing these costs. This can be accomplished through proper asset allocation, calculated liquidation strategies across various holdings, tactical distributions and many more insights.

Budgeting can be the simplest of tasks and helps create a foundation in financial management, but often gets forgotten. Start with a focus on inflows vs. outflows. Specifically, what are the planned contributions and distributions? By identifying the cash flows, your forecasted risk can be prudently determined. Forecasted risk is a combination of calculated risk and behavioral risk which pinpoints an appropriate framework for asset allocation and behavioral finance tendencies. These pillars will help you keep short-term and long-term objectives equally in the limelight.

We are advocates of open architecture strategies because of the benefits they can provide for the longevity of your assets. When paired with our tactical portfolio management, resourceful and flexible private banking solutions can improve the positioning across your accounts and, ultimately, increase the efficiency and effectiveness of compounded growth of the overall portfolio.

Applying sophisticated analytical tools, models and applications, we are able to produce quantitative analysis of complex situations and scenarios. This helps quantify the implications of taking various courses of action, helping you make clear and informed decisions and ultimately solving the complex financial planning challenges you and your legacy can face. We work with you and your attorneys to help ensure your estate plan is aligned with your values and your aspirations for the next generation.

Collaborating with your legal and tax advisors, we can help integrate charitable giving or philanthropy into your wealth plan so you may enhance the impact within your community and organizations. We are there at each stage to better define your mission and values as we create a sustainable and effective charitable or philanthropic strategy throughout your life.

We strive to maximize family wealth education, making it more likely that all members of your family will have the foundation they need to lead meaningful, fulfilled and engaged lives. This includes the dynamics of intergenerational wealth transfer and, when needed, providing personalized wealth education to prepare younger generations to be stewards of the wealth they will inherit. Please view our "Commitment to Education" Section.

Exiting your company in a way that supports your financial objectives, preserves business value and positions your wealth to potentially achieve your legacy and multigeneration goals takes careful planning that begins years and many months in advance. We assist at each stage of the process, helping you map and illustrate issues against your current timeline, all while working with your outside advisors to help ensure that you are properly positioned to help minimize taxes from the transaction.

Our group discusses and analyzes ongoing developments in the economy and capital markets, while emphasizing timely investment ideologies for investors.

This report is produced and released on the event of a 1% +/- move in the market, which is calculated based on the open to close on the S&P 500. It shares timely commentary summarizing "what happened" alongside identifying the major catalysts behind the intra-day market moves.

With perspectives on the forces shaping the market, join Morgan Stanley's Chief Investment Officer and Chief US Equity Strategist as he and his colleagues discuss their viewpoints regarding the latest trends in the financial marketplace.

This document outlines the 2025 tax rate schedule, education and health savings account limits, retirement contribution and deduction limits, among other information.

Beyond viewing your account balance and activity, Morgan Stanley Online (MSO) has a suite of features that allow you to manage your everyday finances from paying bills and sending money to transferring funds and authorizing transactions with eAuthorizations.

Access your account wherever, whenever using the Morgan Stanley Mobile App. It gives you the same capabilities as Morgan Stanley Online from the convenience of your phone or tablet.

Authorize financial transactions electronically, quickly and securely through the Morgan Stanley Mobile App or MSO. With eAuthorization, you no longer need to sign a paper Letter of Authorization (LOA) to authorize a money movement request.

E-Sign is a digital, paperless alternative to the traditional means of obtaining signatures on paperwork. There is no registration process for you to begin using E-Sign. All you need is a valid email address and phone number.

E-Delivery allows you to securely save, print, send, and receive documents at any time from both Morgan Stanley Online and the Morgan Stanley Mobile App.

The Digital Vault on Morgan Stanley Online and the Mobile App allows you to build a central, shared document library where a documents are stored using encryption.

The ability to view all of your assets and liabilities together, whether held at Morgan Stanley or elsewhere, enables us to advise with your entire financial picture in mind.

Send money with Zelle, is a fast, safe and easy way to send and receive money with almost anyone you know and trust. All you need is their phone number or email address, allowing you to send and receive money within minutes.

Track spending habits, categorize expenses and create budgets across your Morgan Stanley and external financial accounts with our Spending and Budgeting Tool.

Reserved Living & Giving is a tiered complimentary loyalty program that rewards Morgan Stanley's most valued clients. The program is designed to enhance your lifestyle and relationship with the firm beyond traditional wealth management services.

At Morgan Stanley, safeguarding your assets and personal information is among our highest priorities. Learn about our security measures and use our resources and ideas to help protect yourself online.