David Chong
Financial Advisor,
First Vice President, Wealth Management
Direct:
(212) 893-7518(212) 893-7518
My Mission Statement
My goal is to be your most trusted advisor through understanding your financial situation, providing you with objective advice, a plan and the highest level of service so that you can achieve financial independence
My Story and Services
With over 20 years of experience in the financial services industry, David provides comprehensive wealth strategies and services through a disciplined financial planning approach. Having emigrated to the United States at a young age and seeing his parents work 6 days a week without a retirement plan, David became inspired to develop trust with clients and provide a strategy designed to put them on a course to financial independence.
David truly believes each client is different and begins his strategical approach by starting off with a blank piece of paper and working to customize strategies and plans for each client by thoroughly understanding their goals and risk tolerance. David takes pride in providing a high level of service to his clients, and is always working to make sure that they are benefiting as much as possible from the partnership
A graduate of Bloomsburg University with a BA in History, David currently lives in Summit NJ with his wife of 18 years and their 3 children, 2 boys and a girl as well as a labradoodle named ollie. On his spare time David plays tennis and hockey, and coaches hockey as well. Additionally, David spends time as a backyard beekeeper which he works on with his eldest son.
David truly believes each client is different and begins his strategical approach by starting off with a blank piece of paper and working to customize strategies and plans for each client by thoroughly understanding their goals and risk tolerance. David takes pride in providing a high level of service to his clients, and is always working to make sure that they are benefiting as much as possible from the partnership
A graduate of Bloomsburg University with a BA in History, David currently lives in Summit NJ with his wife of 18 years and their 3 children, 2 boys and a girl as well as a labradoodle named ollie. On his spare time David plays tennis and hockey, and coaches hockey as well. Additionally, David spends time as a backyard beekeeper which he works on with his eldest son.
Securities Agent: CT, NY, MD, IL, OR, VT, OK, CA, SC, NJ, MA, FL, NC, TX, PA; General Securities Representative; Investment Advisor Representative
NMLS#: 2177900
NMLS#: 2177900
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
My Suite Of Services
As your wealth grows, the complexities and resources needed to manage it effectively grow as well. I deliver innovative strategies that are tailored to your financial goals.
Wealth Management
Wealth management aims to bring all the dimensions of your life together. By understanding the connections of your personal life, family, career and goals, I can develop a comprehensive strategy unique to you.
Professional Portfolio Management
Managing an investment portfolio should be a consultative, disciplined process, taking into consideration the financial markets as well as your investment objectives. I work to create a custom strategy with investment principles that help you reach your financial goals
Cash Management Services
Part of a financial strategy includes having adequate cash flow as well as securing liquidity. I work strategically to reach your cash management as well as borrowing requirements, while considering long term costs and taxes.
Retirement Planning
A key focus is to help you prepare for as well as thrive in retirement. I can manage your retirement plan, assisting you with the transition to retirement securely and confidently.
Estate Planning & Philanthropic Strategies
Delivering an estate to the next generation or to a charity requires much attention. I can help assist you with your estate planning and philanthropic strategy objectives.
Individual Wealth Management Strategy
My wealth management process incorporates your investment objectives as well as your financial goals.
I aim to encompass all the elements of your financial life, and make sure to align with your goals and wealth management plan.
By utilizing the extensive tools and resources of Morgan Stanley, I can help you take charge of your financial future and achieve your goals.
I aim to encompass all the elements of your financial life, and make sure to align with your goals and wealth management plan.
By utilizing the extensive tools and resources of Morgan Stanley, I can help you take charge of your financial future and achieve your goals.
LifeView
LifeView is a suite of planning tools that includes goal specific analysis that we can use with our clients to create a realistic, holistic strategy that integrates the various aspects of an individuals financial life, including investments and cash management needs.
LifeView provides progress-to-goals reporting and can also illustrate complex planning strategies such as methods of stock option exercise, Roth conversions and 401K early distributions under IRS Rule 72(t).
Fill out the questionnaire to get started talking with us about creating a personalized strategy for your long term goals.
Complete QuestionnaireLifeView provides progress-to-goals reporting and can also illustrate complex planning strategies such as methods of stock option exercise, Roth conversions and 401K early distributions under IRS Rule 72(t).
Fill out the questionnaire to get started talking with us about creating a personalized strategy for your long term goals.
Intelligent Withdrawals
Building wealth is a means to an end. Taxes can eat up a significant portion of your assets upon withdrawal. This is why its vital to look at your entire portfolio and coordinate liquidation to help reduce the impact of taxes and potentially improve investment results. We are backed by sophisticated technology that enables us to look across multiple accounts and products to determine the right combination of securities and positions to sell for client needs.
The decisions you make today can help you save for years to come. Use the resources found in the link below to help get started.
View Tax-Aware Strategies HereThe decisions you make today can help you save for years to come. Use the resources found in the link below to help get started.
Spending and Budgeting Tool
One way to manage savings is by using Morgan Stanley's Spending and Budgeting tool. These tools help advisors monitor client cash flows across both internal and external accounts. It also tracks spending patterns and produces an income and expense analysis to help clients achieve their goals by adjusting their spending behavior when necessary.
Start Using the Tool Today
Goals Planning System
Goals Planning System (GPS) is Morgan Stanley's own integrated planning tool. Built on the firms intellectual capital and capabilities, GPS is an intuitive and efficient platform used to quickly assess whether a client is "On Track" to achieving their financial goals.
Start Planning NowMedia and Research
Morgan Stanley helps to make complex financial ideas more digestible so that our clients understand what is being done on their behalf for their financial future and why. The links below provide material on topics that are affecting the world of business.
The GIC Weekly
The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance and fixed income.
Latest GIC
On the Markets
Detailed Market commentary from Morgan Stanley's thought leaders on topics such as global equities, fixed income, monetary policy and more.
Read the Report
How to Handle Volatility
The markets have experienced increased volatility lately. Learn more about why investors should focus on the long game.
Learn More
A Simple Retirement Checkup
When market volatility arises, checking in on your retirement plan makes sense.
Learn More
Tax Management
The tax decisions you make today can help you save for years to come. Read more from Morgan Stanley's Tax Management site below.
Click to AccessOur Suite Of Digital Tools
Digital Technology is centered on how people communicate, consume, transact and travel. Morgan Stanley's suite of Modern Wealth Management Tools allows advisors to offer more customized and comprehensive advice, allowing for a more in-depth view of a client's financial life to be taken.
Morgan Stanley Online (MSO)
Morgan Stanley Online allows you to conveniently and securely manage your account online or on your mobile device.
Learn More or Log In
Total Wealth View
With Total Wealth View, we have the ability to view all of your assets together, linking your information from accounts at other financial institutions directly to Morgan Stanley Online, which gives us the ability to advise with your entire financial picture in mind.
Total Wealth View
Digital Vault
Keeping important documents and financial records organized and readily available is one of the most important things you can do. The Digital Vault allows you to build a central and shared document library where all documents are stored using encryption.
Digital Vault
eDelivery
eDelivery enhances your digital experience by providing you with the ability to view statements and other documents electronically. eDelivery allows you to securely save, print, send and receive documents from Morgan Stanley Online as well as the Morgan Stanley Mobile App.
eDelivery
eSign
eSign is a digital alternative to providing a signature. To begin using eSign, all you need is a valid email address and phone number.
Learn MoreLocation
55 East 52nd Street 10th
Fl
New York, NY 10055
US
Direct:
(212) 893-7518(212) 893-7518
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
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
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Ready to start a conversation? Contact David Chong today.
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
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)
