Celeste A Bailey, CFP®
Senior Vice President, Financial Advisor
Phone:
(847) 382-3782(847) 382-3782
The Barrington Capstone Group at Morgan Stanley
Direct:
(847) 382-3843(847) 382-3843
Toll-Free:
(800) 221-2561(800) 221-2561
Our Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals
OUR STORY
THE BARRINGTON CAPSTONE GROUP: YOUR PARTNER IN FINANCIAL SUCCESS
At the Barrington Capstone Group, we are dedicated to helping our clients achieve their financial aspirations through a comprehensive suite of services tailored to meet their unique needs. Our team works closely with individuals, families, and businesses to provide strategic financial guidance and management, ensuring that every decision aligns with their long-term goals and values.
The Barrington Capstone Group is committed to delivering an unparalleled client experience through a culture of excellence and integrity. By leveraging Morgan Stanley's vast resources and intellectual capital, we provide our clients with the tools and insights needed to enhance their financial capital.
OUR COMMITMENT
We are steadfast in our commitment to preserving your wealth, maintaining and enhancing your lifestyle, and aiding you in creating the legacy you envision. Our process begins with getting to know you personally, allowing us to develop robust financial plans and portfolio allocations that are as unique as your aspirations. We believe in building lasting relationships founded on trust and transparency, ensuring that every financial strategy we propose is aligned with your values and long-term objectives.
With our experienced team and Morgan Stanley's cutting-edge platforms, we cater to your individual needs and make personalized investment recommendations that are informed by the latest market insights and trends. Our commitment extends beyond mere financial management; we strive to empower you with the knowledge and confidence to make informed decisions about your financial future. We are dedicated to providing you with the highest level of service, characterized by proactive communication and a deep understanding of your evolving needs.
We invite you to learn more about our team and how we can assist you in achieving your financial goals. Our professionals are ready to provide the personalized attention and strategic guidance you deserve, ensuring that your financial journey is both successful and fulfilling.
MEET OUR TEAM
Explore the 'Meet The Barrington Capstone Group' section to discover more about our dedicated team members. We look forward to partnering with you on your financial journey.
Services Include
- Wealth Consulting
- Professional Portfolio ManagementFootnote1
- Financial PlanningFootnote2
- Estate Planning StrategiesFootnote3
- Retirement PlanningFootnote4
- 401(k) Rollovers
- Wealth ManagementFootnote5
- Business PlanningFootnote6
- Trust Services*
- Lending Products
- AnnuitiesFootnote7
- Life InsuranceFootnote8
- Long Term Care InsuranceFootnote9
- Philanthropic Services
- Cash ManagementFootnote10
- Planning for Individuals with Special Needs
- Qualified Retirement PlansFootnote11
- Sustainable InvestingFootnote12
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Navigating Major Life Events & Life Planning
Most major life events have financial implications. We are here to help you through them and make the right financial decisions for you and your family.
Marriage
Few events are more exciting than when you decide to align your life with the person you love. We help you plan for these milestones and guide these conversations.
Birth
Welcoming a child into the family is a joyous occasion for everyone from parents and grandparents to aunts, uncles, siblings, cousins and other extended family members. Therefore, we help you and other family members plan and prepare for the financial components that a new child may introduce into your lives.
Education
Education is a major investment and expense that often requires years of careful, advanced planning. help you approach a variety of educational expenses, such as tuition, extension programs and advanced professional training, with appropriate funding strategies for each unique situations.
Divorce
Divorcing a spouse can be a difficult ordeal, with repercussions that affect your emotional and financial well-being. We can help you can prepare for these difficult situations and help you to feel more in control and better equipped to make informed decisions about your financial future.
Business
From executive-level employment situations to other business ventures—from startups to established enterprises we can help you navigate the complexities of business ownership and investment and associated activities such as selling, divesting or planning for succession.
Retirement
Saving for retirement is a lifelong process that relies on defined financial planning strategies. We help guide you through this process each step of the way toward achieving their retirement goals.
Widowhood
Dealing with death is never easy. Aside from coping with the loss of a loved one, legal matters also require immediate attention. That is why we help you plan ahead to ensure that your wishes and your will are followed.
Elder Care
Aging can be challenging whether you are looking to develop a plan for yourself, or trying to figure out the best way to support your loved ones. Elder care may be a complicated, emotional process that is why we help keep you develop a clear plan that prioritizes the desires and preferences of the aging individual.
Step 1: Discovering Your Needs
It’s critical for our team to get to know you and to understand your life story. Our initial conversations give us an opportunity to learn what is important to you and your family, and to find out how money has played a role in your life. We will take a comprehensive inventory of your assets, obligations and sources of income to help identify circumstances unique to your personal situation.
Step 2: Presenting Your Life Plan
Once we have completed the discovery process, We will present “your” plan and help you visualize what your retirement will look like as we work together to bring it to reality.
Step 3: Implementing Your Investment Strategy
Our newfound knowledge on your financial wealth and health will help us implement a tailored portfolio of best-in-class investments supported by the global investment resources of Morgan Stanley that best matches your unique needs. Asset Allocation, Diversification and Rebalancing will be the foundational concepts of your strategy.
Step 4: Monitoring Your Progress
We will consistently monitor your assets and the plan’s performance to ensure expectations are being met while addressing any changes in personal goals or market conditions over time. We can’t predict, but we can prepare.
Investor Resources
2025 Federal Tax Tables
The document outlines the 2025 tax rate schedule, education and health savings account limits, retirement contribution and deduction limits, among other information.
View Tables
Thoughts on the Market Podcast
Short, thoughtful takes on recent events in the markets, every weekday from a variety of perspectives within Morgan Stanley.
Thoughts on the Market Podcast
Global Investment Committee on the Markets
The report is a comprehensive document produced by Morgan Stanley's Global Investment Committee. It provides detailed analysis and insights into current market conditions, economic trends, and investment strategies.
On the Markets
Preferred Savings Program
Explore the benefits of this deposit product available exclusively to clients with an eligible Morgan Stanley brokerage account. Make the most of your idle cash with a competitive yield that helps keep your savings working for you.
Discover the Benefits of Our ProgramClient Service Resources
If you require help with any of the services listed below, please reach out to our service team at barringtoncapstoneservice@morganstanley.com.
Morgan Stanley Online (MSO)
Seamlessly and securely manage your investments and everyday finances in one place. With Morgan Stanley Online, you can track your spending and create custom budgets across all your accounts.
Log In or Register Here
eAuthorization for Transactions
eAuthorizations allows you to approve transactions electronically and securely on Morgan Stanley Online and the Morgan Stanley Mobile App.
Learn More
eSign
eSign is a secure and efficient electronic signature solution that enables clients and employees to sign documents digitally. All you need is a valid email address, a phone number and/or at least one Morgan Stanley Online (MSO) User ID.
See Steps to Use
Total Wealth View
As a Morgan Stanley client, you can now conveniently view your accounts from other financial institutions on Morgan Stanley Online by using the Morgan Stanley Mobile App, giving you a more complete financial picture.
Learn More
Digital Vault
Digital Vault lets you easily and conveniently manage and share life's most important documents, such as financial statements, authorizations, tax filings, and other relevant files.
Access Digital Vault through MSO
Online Transfers
Morgan Stanley Online Transfers allows you to transfer funds between Morgan Stanley accounts and a verified account from another financial institution.
Follow Steps for a Transfer Here
Secure Email Overview
The Secure Email tool is one way for you to exchange messages and documents containing sensitive information with individuals at Morgan Stanley. You can send an encrypted message to us via Secure Email. Encryption is designed to prevent your confidential information from being revealed to unauthorized parties.
Learn More
Accessing Tax Forms
1. Log in to Morgan Stanley Online.
2. Click the Accounts tab.
3. Select the Documents tab.
4. Go to the Statement drop-down tab.
5. Select Tax Documents and download them.
2. Click the Accounts tab.
3. Select the Documents tab.
4. Go to the Statement drop-down tab.
5. Select Tax Documents and download them.
Send Money to Zelle
Send Money with Zelle® is a fast, easy way to send money to family and friends in minutes using an email address or U.S. mobile phone number right from your mobile app or desktop.
Learn More
VoiceID
VoiceID works by creating and storing a voiceprint, a unique representation of your voice that is used to confirm your identity when you call the Morgan Stanley Service Center. Having your voiceprint on file reduces the risk of fraud by helping protect you from individuals who may attempt to gain unauthorized access to your accounts. Contact the Morgan Stanley Service Center at 800-869-3326 for more information.
Mobile App Check Deposit
With the Morgan Stanley Mobile App, you can use the mobile check deposit feature to deposit checks drawn on a U.S. bank, anytime, anywhere, from your iPhone, iPad or Android device.
Learn More
Reserved Living & Giving
Morgan Stanley's complimentary loyalty program for eligible clients that provides you and your family access to special offers and discounts from popular brands.
Join Now
Social Security Direct Deposit Setup
Direct deposit of your Social Security benefits into your Morgan Stanley Account is fast and convenient. It requires no envelopes or stamps, and no trips to your Morgan Stanley Branch. You can set up a direct deposit into your Morgan Stanley account anytime you choose, by going to www.ssa.gov/myaccount.
See Steps to Set UpVirtual Firm Events
Upcoming Firm Events
We invite you to join Morgan Stanley Wealth Management’s Chief Data Officer Rachel Wilson in a conversation with the Head of Wealth Management Cybersecurity Prashanth Challa as they explore essential strategies to protect yourself and loved ones in this new era. Topics include:
• Protecting yourself from AI-powered scams
• Understanding deepfakes and data poisoning
• Leveraging AI to your cybersecurity advantage
• Protecting yourself from AI-powered scams
• Understanding deepfakes and data poisoning
• Leveraging AI to your cybersecurity advantage
Past Firm Events
The events are designed to educate and empower younger generations about financial literacy, wealth management, and investment strategies. These events aim to prepare heirs and beneficiaries to manage and grow their wealth responsibly and effectively. They often cover topics such as budgeting, investing, understanding financial markets, and the importance of long-term financial planning.
The replay from our thought-provoking Global Tensions and Washington Moves event with Ellen Zentner, Monica Guerra, and Michael J. Stein. In this conversation, they discussed:
-Updates on US Trade and Immigration policy
-The "One Big Beautiful Bill Act" and what to watch for in this budget reconciliation bill
-Key developments to monitor over the next 30, 60, 90 days
-Updates on US Trade and Immigration policy
-The "One Big Beautiful Bill Act" and what to watch for in this budget reconciliation bill
-Key developments to monitor over the next 30, 60, 90 days
Wealth Management’s Global Head of Thematic & Macro Investing Ellen Zentner and Morgan Stanley’s Head of Global Autos and Shared Mobility Research Adam Jonas discuss the rapid transition of artificial intelligence into the physical world.
Listen to an exclusive virtual fireside chat featuring Vince Lumia, Head of Wealth Management Client Segments, and Justin Rose, renowned professional golfer, Olympic gold medalist and Morgan Stanley Brand Ambassador.
Location
760 W Main St
Suite 200
Barrington, IL 60010
US
Direct:
(847) 382-3843(847) 382-3843
Toll-Free:
(800) 221-2561(800) 221-2561
Fax:
(847) 553-4169(847) 553-4169
Meet The Barrington Capstone Group
Brian Schnell, CFP®
Senior Vice President, Financial Advisor
Phone:
(847) 382-3833(847) 382-3833
Jennifer Cozza
Financial Advisor, Financial Planning Specialist
Phone:
(847) 382-6614(847) 382-6614
Debbie Ferguson
Portfolio Associate
Phone:
(847) 382-3843(847) 382-3843
Bobby Richards
Client Service Associate
Phone:
(847) 842-1529(847) 842-1529
About Celeste A Bailey
Celeste Bailey
First Vice President
Financial Advisor
CERTIFIED FINANCIAL PLANNER™
With over 30 years of progressive trust and financial services experience, Celeste focuses on working with individuals, families and businesses to develop comprehensive, long-term, financial plans that address their unique personal wealth objectives. As a CERTIFIED FINANCIAL PLANNER™ practitioner, Celeste believes a holistic, financial planning process is the foundation of an enduring relationship. Through planning, education and customized investment solutions, we empower our clients to make informed financial decisions confidently.
Celeste earned her MBA from DePaul University’s Kellstadt Graduate School of Business, and previously earned her BA in Economics and her BA in Spanish from the University of Illinois.
Celeste and her husband, Jim, live in Barrington, where they have raised their two sons, Carter and Griffin. In her time outside the office, she enjoys running and gardening, and is actively involved with youth sports.
First Vice President
Financial Advisor
CERTIFIED FINANCIAL PLANNER™
With over 30 years of progressive trust and financial services experience, Celeste focuses on working with individuals, families and businesses to develop comprehensive, long-term, financial plans that address their unique personal wealth objectives. As a CERTIFIED FINANCIAL PLANNER™ practitioner, Celeste believes a holistic, financial planning process is the foundation of an enduring relationship. Through planning, education and customized investment solutions, we empower our clients to make informed financial decisions confidently.
Celeste earned her MBA from DePaul University’s Kellstadt Graduate School of Business, and previously earned her BA in Economics and her BA in Spanish from the University of Illinois.
Celeste and her husband, Jim, live in Barrington, where they have raised their two sons, Carter and Griffin. In her time outside the office, she enjoys running and gardening, and is actively involved with youth sports.
Securities Agent: ME, FL, CT, DC, DE, MI, MT, SC, UT, IN, TX, GA, IA, KY, TN, WI, PA, OR, MA, SD, RI, OK, OH, NV, NJ, MS, MN, KS, AZ, AR, IL, AL, CO, NC, MO, MD, VA, VT, WA, CA, HI, ID, NM, NY, LA; General Securities Representative; Investment Advisor Representative
NMLS#: 1785340
NMLS#: 1785340
About Brian Schnell
Brian W. Schnell
Vice President
Financial Advisor
CERTIFIED FINANCIAL PLANNER™
Portfolio Manager
Brian is a CERTIFIED FINANCIAL PLANNER™ practitioner with over 17 years of experience in the financial services industry. He focuses on providing clients with a full range of investment services, which include manager research and evaluation, asset allocation advice, portfolio risk management strategies, and other specialized services. Brian has worked closely with successful business owners, corporate executives, endowments and foundations for nearly two decades. He creates and implements highly customized, goals-based wealth management plans and investment portfolios.
After graduating from Grand Valley State University, Brian joined The Northern Trust Company in Chicago where he served as a Senior Portfolio Manager. Prior to joining the Cozza Tomlinson Group in 2021, he also served as a Senior Portfolio Advisor for Merrill Lynch. Brian also attended DePaul University of Chicago and was awarded their Certificate of Financial Planning.
Brian lives in the Northwest Suburbs of Chicago with his wife Kristie and their four children, Nora, Evelyn, Thomas, and Peter. When not working with clients, he enjoys spending time with his family, biking, golfing, and grilling.
Vice President
Financial Advisor
CERTIFIED FINANCIAL PLANNER™
Portfolio Manager
Brian is a CERTIFIED FINANCIAL PLANNER™ practitioner with over 17 years of experience in the financial services industry. He focuses on providing clients with a full range of investment services, which include manager research and evaluation, asset allocation advice, portfolio risk management strategies, and other specialized services. Brian has worked closely with successful business owners, corporate executives, endowments and foundations for nearly two decades. He creates and implements highly customized, goals-based wealth management plans and investment portfolios.
After graduating from Grand Valley State University, Brian joined The Northern Trust Company in Chicago where he served as a Senior Portfolio Manager. Prior to joining the Cozza Tomlinson Group in 2021, he also served as a Senior Portfolio Advisor for Merrill Lynch. Brian also attended DePaul University of Chicago and was awarded their Certificate of Financial Planning.
Brian lives in the Northwest Suburbs of Chicago with his wife Kristie and their four children, Nora, Evelyn, Thomas, and Peter. When not working with clients, he enjoys spending time with his family, biking, golfing, and grilling.
Securities Agent: GA, DE, CT, OK, SD, MI, AL, AZ, KY, MD, AR, NJ, DC, LA, MS, NM, SC, MO, HI, IL, KS, ME, MN, NC, NY, OH, OR, TN, VT, CO, MT, VA, TX, IA, FL, UT, WI, WA, IN, PA, ID, RI, NV, MA, CA; General Securities Representative; Investment Advisor Representative
NMLS#: 1851326
NMLS#: 1851326
About Jennifer Cozza
Securities Agent: VT, CT, NM, PA, AR, DE, HI, IL, MN, NV, OR, SD, MD, MT, TN, SC, VA, AZ, RI, MS, GA, CA, ME, OH, TX, WI, KY, AL, KS, NC, IN, ID, UT, OK, NY, NJ, DC, CO, WA, FL, IA, LA, MI, MO, WY, MA; General Securities Representative; Investment Advisor Representative
NMLS#: 2019661
NMLS#: 2019661
About Debbie Ferguson
Debbie joined the team in August 2019 and brings a wealth of experience and dedication to her role as a Portfolio Associate. She manages the team’s operational functions, supports financial planning, and plays an integral role in delivering a seamless client experience.
With over a decade of experience in the financial services industry, Debbie is known for her attention to detail, problem-solving skills, and commitment to delivering exceptional service. She combines expertise with a personal touch that strengthens long-term relationships, ensuring clients feel valued and supported.
Debbie holds her Series 7 and 66 licenses and earned her BA from DePaul University.
Debbie lives in Inverness with her husband, two college-aged daughters, and four rescue pets-two dogs and two cats. She enjoys road trips, spending time outdoors and making memories with her family.
Email: barringtoncapstoneservice@morganstanley.com
With over a decade of experience in the financial services industry, Debbie is known for her attention to detail, problem-solving skills, and commitment to delivering exceptional service. She combines expertise with a personal touch that strengthens long-term relationships, ensuring clients feel valued and supported.
Debbie holds her Series 7 and 66 licenses and earned her BA from DePaul University.
Debbie lives in Inverness with her husband, two college-aged daughters, and four rescue pets-two dogs and two cats. She enjoys road trips, spending time outdoors and making memories with her family.
Email: barringtoncapstoneservice@morganstanley.com
About Bobby Richards
Bobby Richards is a Client Service Associate who has recently joined the Barrington Capstone Group in Barrington, Illinois. He focuses on putting the client first and providing excellent service to ensure that their needs and goals are met.
Bobby graduated from the University of Illinois Urbana-Champaign with a Bachelor of Science in Agriculture and Consumer Economics with a concentration in Financial Planning.
Bobby enjoys golfing, spending time with family and friends, travelling, and outdoor activities.
Email: barringtoncapstoneservice@morganstanley.com
Bobby graduated from the University of Illinois Urbana-Champaign with a Bachelor of Science in Agriculture and Consumer Economics with a concentration in Financial Planning.
Bobby enjoys golfing, spending time with family and friends, travelling, and outdoor activities.
Email: barringtoncapstoneservice@morganstanley.com
Contact Celeste A Bailey
Contact Brian Schnell
Contact Jennifer Cozza
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
Rational Investing in an Age of Uncertainty
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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
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
Ready to start a conversation? Contact The Barrington Capstone Group today.
CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
1Morgan 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.
2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
3Morgan 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.
4When 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.
5Morgan 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.
6Morgan 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.
7Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
10Morgan 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
11When 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.
12Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
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.
CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque 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 | Morgan Stanley
1Morgan 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.
2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
3Morgan 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.
4When 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.
5Morgan 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.
6Morgan 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.
7Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
10Morgan 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
11When 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.
12Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
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Awards Disclosures | Morgan Stanley
CRC 4665150 (8/2025)
