Mamta Shah
Trust Specialist
Morgan Stanley Private Wealth Management
David Villalobos, CFP®, CPM®, CPWA®
Executive Director,
Private Wealth Advisor,
Family Wealth Director,
Senior Portfolio Management Director,
Alternative Investments Director
Direct:
(312) 648-3369(312) 648-3369
My Mission Statement
I help my clients address the complex issues of managing wealth so they can focus on their careers, families and other passions.
Welcome
My primary focus as a Private Wealth Advisor is to develop a robust understanding of my clients’ current needs and long-term objectives in order to craft highly customized plans designed to make their goals a reality. To serve in this capacity, I work hard to stay current with changes in markets, tax laws, technological enhancements and regulatory matters. I also work hard to maintain a current understanding of my clients’ evolving challenges and aspirations.
As financially successful people, you and your family will eventually face a broad range of complex, multigenerational financial issues. Drawing on my own experience and the vast resources of my firm, I can help create and implement a comprehensive plan to address those challenges and maintain control of your financial life. This plan will include advice on structuring and investing your assets, and will encompass your liabilities, risk management, philanthropic objectives and even the personal dynamics of raising a family in a high net worth environment. My goal is to serve as the proactive, thoughtful advisor who can help you relax and enjoy the opportunities you have worked so hard to create. Services Include:
As financially successful people, you and your family will eventually face a broad range of complex, multigenerational financial issues. Drawing on my own experience and the vast resources of my firm, I can help create and implement a comprehensive plan to address those challenges and maintain control of your financial life. This plan will include advice on structuring and investing your assets, and will encompass your liabilities, risk management, philanthropic objectives and even the personal dynamics of raising a family in a high net worth environment. My goal is to serve as the proactive, thoughtful advisor who can help you relax and enjoy the opportunities you have worked so hard to create. Services Include:
- Comprehensive Wealth Planning
- Investment Management
- Retirement Planning
- Asset Allocation
- Manager Selection
- Proprietary Investment Opportunities
- Sustainable and Responsible Investing
- Risk Management
- Philanthropy Management
- Concierge Services
- Family Dynamics and Wealth Education
Securities Agent: MD, MT, MI, VA, CA, AZ, UT, NM, OR, NC, CO, FL, WI, NY, MO, MN, IL, DC, WV, OH, SD, TX, NJ, IN, WY, ME, WA, MA; General Securities Representative; Investment Advisor Representative
NMLS#: 559601
NMLS#: 559601
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
About PWM
Founded in 1977, Private Wealth Management is the division of Morgan Stanley Wealth Management that is dedicated to serving the firm’s most affluent clients, including some of the world’s most accomplished entrepreneurs, executives and stewards of multigenerational wealth. Functioning as an exclusive investment boutique within a global financial firm, we deliver sophisticated solutions that leverage the intellectual capital and insight of Morgan Stanley’s substantial global resources. Drawing on a deep understanding of your financial life, our goal is to help you:
- Manage investments with an unwavering focus on your financial strategy and personal goals
- Create comprehensive, multigenerational wealth management plans based on your needs, challenges and the values that guide your life and legacy
- Simplify financial complexity to help you achieve clarity and control
Private Wealth Management Highlights
- Approximately 300 teams specialized in assisting individuals and families with $20MM+ in investable assets
- Over $1.2 trillion in AUM
- Comprising 26% of the Barron’s Top 100 Financial Advisors list for 2025
- Direct access to ultra high net worth experts in philanthropy, family dynamics, wealth transfer, lifestyle advisory and other areas of interest to ultra high net worth families
1 Morgan Stanley Wealth Management, September 2025
Source: Barron's (Awarded March 2025) This ranking was determined based on an evaluation process conducted by Barron's for the period Oct 2023-Sept 2024. Neither Morgan Stanley Smith Barney LLC nor its Financial Advisors or Private Wealth Advisors paid a fee to Barron's to obtain or use the ranking. This ranking is based on an algorithm that includes client retention, industry experience, review of compliance records, firm nominations, and quantitative criteria, including assets under management and revenue generated for their firms. Investment performance is not a criterion. Rankings are based on the assessment of Barron's and may not be representative of any one client’s experience. This ranking is not indicative of the Financial Advisor’s future performance. Morgan Stanley Smith Barney LLC is not affiliated with Barron's. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved.
Approach
Discovery Process
Investing the time to learn about you and your family; your assets and liabilities and the risk exposures, enables us to formulate strategies and customize the relationship to your needs.
Formulation of Tax, Trust and Estate Strategy
Working with your tax and legal advisors, we help analyze your income and estate tax circumstances to identify and tailor planning techniques that may be used to address your objectives.
Creation of Customized Strategic Asset Allocation
Your customized asset allocation reflects risk, opportunities and taxation across multiple entities, while integrating your investing and estate plans.
Integration of Tactical Asset Allocation
Short-term adjustments seek to capitalize on temporary market distortions. Before making adjustments, we analyze the impact of taxes and trading costs on potential returns.
Implementation of a Customized Wealth Strategy
After comprehensive due diligence and analysis of expected results across multiple market scenarios, strategies are chosen from our expansive investment platform.
Ongoing Assessment
In coordination with your other advisors, we can conduct ongoing reviews and comprehensive reporting to ensure that your strategy adapts to changing financial and family needs.
David Villalobos, CFP®, CPM®, CPWA®
Executive Director
Private Wealth Advisor
Family Wealth Director
Senior Portfolio Management Director
Drawing on over 20 years of wealth management experience, David Villalobos offers advice and guidance to affluent families and individuals about retirement planning, education funding, wealth-transfer and other important life goals. Emphasizing a long-term outlook, David focuses on developing strategies to manage risk, generate sustainable income and minimize taxes in investment portfolios.
David earned a Bachelor’s Degree in Economics and Political Economy from Washington University in St. Louis, and went on to earn designations as a Certified Financial Planner™ and as a Chartered Retirement Planning Counselor℠.
David is a first-generation American, born on Independence Day, and grateful for the opportunities he has been given by his parents and his country. He seeks to give back to his community so that others may enjoy the same advantages. David is a member of the Board of Directors for the Midtown Educational Foundation, and previously served on the Board of Directors of the Onward Neighborhood House from 2012 to 2018. He and his family live in the western suburbs of Chicago.
Lauren Moore
Assistant Vice President
Wealth Management Associate
A financial services industry professional for 14 years, Lauren Moore’s hard work and pleasant demeanor create an outstanding overall service experience for the team’s clients. Lauren provides an extensive range of administrative support, including onboarding, statements, credit cards, credit lines and more. She is the first point of contact for many client inquiries and integral to the servicing of our clients’ day-to-day needs.
Lauren graduated from Northwestern University, where she was an All-American swimmer, and earned a Bachelor’s Degree in Anthropology. She lives in Chicago, and is an avid hiker, swimmer and adventure traveler.
Our Philosophy
Although I studied with a Nobel Laureate and a former White House economic advisor at Washington University in St. Louis, I actually learned about wealth management from my parents. They are hard-working people who ran a small accounting practice out of our home in El Paso, Texas. Growing up, I watched them service hundreds of tax and accounting clients on our front porch, which they had converted into an office. I saw how they took the time to understand each client’s concerns, how they paid attention to the details, and most importantly, how they respected the trust that was placed in them.
Like most families, my clients are primarily seeking independence and increased comfort. They want assurances that they are on track to achieve their most important goals. They need an advisor who will work just as hard as they do: someone who can tell them where they stand and who can supply the insight, experience and resources to help them get where they want to go. Just as I learned growing up, that’s exactly what I try to deliver.
CRC 2199066
8/2018
Executive Director
Private Wealth Advisor
Family Wealth Director
Senior Portfolio Management Director
Drawing on over 20 years of wealth management experience, David Villalobos offers advice and guidance to affluent families and individuals about retirement planning, education funding, wealth-transfer and other important life goals. Emphasizing a long-term outlook, David focuses on developing strategies to manage risk, generate sustainable income and minimize taxes in investment portfolios.
David earned a Bachelor’s Degree in Economics and Political Economy from Washington University in St. Louis, and went on to earn designations as a Certified Financial Planner™ and as a Chartered Retirement Planning Counselor℠.
David is a first-generation American, born on Independence Day, and grateful for the opportunities he has been given by his parents and his country. He seeks to give back to his community so that others may enjoy the same advantages. David is a member of the Board of Directors for the Midtown Educational Foundation, and previously served on the Board of Directors of the Onward Neighborhood House from 2012 to 2018. He and his family live in the western suburbs of Chicago.
Lauren Moore
Assistant Vice President
Wealth Management Associate
A financial services industry professional for 14 years, Lauren Moore’s hard work and pleasant demeanor create an outstanding overall service experience for the team’s clients. Lauren provides an extensive range of administrative support, including onboarding, statements, credit cards, credit lines and more. She is the first point of contact for many client inquiries and integral to the servicing of our clients’ day-to-day needs.
Lauren graduated from Northwestern University, where she was an All-American swimmer, and earned a Bachelor’s Degree in Anthropology. She lives in Chicago, and is an avid hiker, swimmer and adventure traveler.
Our Philosophy
Although I studied with a Nobel Laureate and a former White House economic advisor at Washington University in St. Louis, I actually learned about wealth management from my parents. They are hard-working people who ran a small accounting practice out of our home in El Paso, Texas. Growing up, I watched them service hundreds of tax and accounting clients on our front porch, which they had converted into an office. I saw how they took the time to understand each client’s concerns, how they paid attention to the details, and most importantly, how they respected the trust that was placed in them.
Like most families, my clients are primarily seeking independence and increased comfort. They want assurances that they are on track to achieve their most important goals. They need an advisor who will work just as hard as they do: someone who can tell them where they stand and who can supply the insight, experience and resources to help them get where they want to go. Just as I learned growing up, that’s exactly what I try to deliver.
CRC 2199066
8/2018
Clients
Our clients include hard-working professionals, investment managers and other successful individuals who are well on their way to creating significant wealth. Beyond the demands of their careers, they are raising families and remaining active in their communities. With so many competing demands on their schedules, they often do not have the time to focus on their personal finances. Our goal is to help them gain control of their futures – creating and implementing comprehensive, long-term plans to educate their kids, sustain their lifestyles in retirement and pursue whatever other goals they wish. We are on call to answer any of our clients’ questions, address any financial challenge and help them live the lives they want to lead.
Client Service Team
Lauren Moore - Assistant Vice President, Wealth Management Associate
Phone:
(312) 648-3335(312) 648-3335
Email:lauren.moore@morganstanleypwm.com
A financial services industry professional since 2007, Lauren Moore’s hard work and pleasant demeanor create an outstanding overall service experience for the team’s clients. Lauren provides an extensive range of administrative support, including onboarding, statements, credit cards, credit lines and more. She is the first point of contact for many client inquiries and integral to the servicing of our clients’ day-to-day needs.
Lauren graduated from Northwestern University, where she was an All-American swimmer, and earned a Bachelor’s Degree in Anthropology. She lives in Chicago, and is an avid hiker, triathlete and adventure traveler.
Lauren graduated from Northwestern University, where she was an All-American swimmer, and earned a Bachelor’s Degree in Anthropology. She lives in Chicago, and is an avid hiker, triathlete and adventure traveler.
Location
233 S Wacker Dr
Ste 8600
Chicago, IL 60606
US
Direct:
(312) 648-3369(312) 648-3369
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
About Mamta Shah
Mamta Shah is the Trust Specialist based in Chicago, covering the Midwest Region. Morgan Stanley provides a full array of personal and institutional trust services to high net worth clients of the firm. Mamta’s responsibilities include educating Financial Advisors and their clients on the open architecture trust service model and helping them identify opportunities to leverage the trust partners on the platform.
Before joining Trust Services in 2010, she was the Wealth Analyst with the Chicago based Wealth Planning Center at Morgan Stanley. Mamta was responsible for providing information and education on a full range of income and estate tax topics and concerns.
Prior to joining the Planning Center team in 2006, Mamta was Vice President of an Independent Investment Advisory Firm. She worked closely with the clients of the firm on a variety of financial planning and investment advisory services.
Mamta obtained her bachelor’s degree from Babson College with a major in Finance/Entrepreneurship. Mamta is a licensed CPA and holds a CFP® designation, She has been in the financial services industry since 1999. She is Series 7, 63, 65 and life/health insurance licensed. She is a member of the AICPA and the Illinois CPA Society. She lives in Chicago with her family.
Before joining Trust Services in 2010, she was the Wealth Analyst with the Chicago based Wealth Planning Center at Morgan Stanley. Mamta was responsible for providing information and education on a full range of income and estate tax topics and concerns.
Prior to joining the Planning Center team in 2006, Mamta was Vice President of an Independent Investment Advisory Firm. She worked closely with the clients of the firm on a variety of financial planning and investment advisory services.
Mamta obtained her bachelor’s degree from Babson College with a major in Finance/Entrepreneurship. Mamta is a licensed CPA and holds a CFP® designation, She has been in the financial services industry since 1999. She is Series 7, 63, 65 and life/health insurance licensed. She is a member of the AICPA and the Illinois CPA Society. She lives in Chicago with her family.
About Lynn King
Lynn R. King is a Family Office Resource Generalist for the Mid-America region. She has over 15 years of experience working with families, family offices, and their attorneys, CPAs and financial advisors on issues unique to the UHNW client. Lynn started her career as an attorney in Illinois working with closely held businesses across the country on a broad range of topics, including entity structuring, estate planning, business succession and tax. She then joined New York Life Insurance as a Corporate Vice President in their Advanced Planning Group. In this role she expanded on her experience from private practice and engaged with clients on complex business and personal planning needs.
Lynn joined Morgan Stanley in September of 2020. As the Family Office Resource Generalist, Lynn provides advice and strategies to UHNW families. To that end, she assists families with the creation of family mission statements. She also educates adults and children on how to be good stewards of generational wealth. She engages with resources in philanthropy, wealth and estate planning and trust management to ensure the UHNW clients of the Firm are able to accomplish their goals.
Lynn received her undergraduate degree in Finance and Political Science from the University of Illinois- Urbana-Champaign. She attended The John Marshall Law School in Chicago, Illinois where she obtained her Juris Doctorate (J.D.) and is licensed to practice law in Illinois. She also holds her Series 7 and 66.
Lynn joined Morgan Stanley in September of 2020. As the Family Office Resource Generalist, Lynn provides advice and strategies to UHNW families. To that end, she assists families with the creation of family mission statements. She also educates adults and children on how to be good stewards of generational wealth. She engages with resources in philanthropy, wealth and estate planning and trust management to ensure the UHNW clients of the Firm are able to accomplish their goals.
Lynn received her undergraduate degree in Finance and Political Science from the University of Illinois- Urbana-Champaign. She attended The John Marshall Law School in Chicago, Illinois where she obtained her Juris Doctorate (J.D.) and is licensed to practice law in Illinois. She also holds her Series 7 and 66.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trusts, estate planning, charitable giving, philanthropic planning and other legal matters.
Morgan Stanley does not accept appointments, nor will it act as a trustee, but it will provide access to trust services through an appropriate third-party corporate trustee.
Trusts are not necessarily appropriate for all clients. There are risks and considerations which may outweigh any potential benefits. Establishing a trust will incur fees and expenses which may be substantial. Trusts often incur ongoing administrative fees and expenses such as the services of a corporate trustee, attorney, or tax professional.
Trust services are provided by third parties who are not affiliated with Morgan Stanley. Neither Morgan Stanley nor its affiliates are the provider of such trust services and will not have any input or responsibility concerning a client’s eligibility for, or the terms and conditions associated with these trust services. Neither Morgan Stanley nor its affiliates shall be responsible for any advice or services provided by the unaffiliated third parties. Morgan Stanley or its affiliates may participate in transactions on a basis separate from the referral of clients to these third parties and may receive compensation in connection with referrals made to them.
Morgan Stanley, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Morgan Stanley does not accept appointments, nor will it act as a trustee, but it will provide access to trust services through an appropriate third-party corporate trustee.
Trusts are not necessarily appropriate for all clients. There are risks and considerations which may outweigh any potential benefits. Establishing a trust will incur fees and expenses which may be substantial. Trusts often incur ongoing administrative fees and expenses such as the services of a corporate trustee, attorney, or tax professional.
Trust services are provided by third parties who are not affiliated with Morgan Stanley. Neither Morgan Stanley nor its affiliates are the provider of such trust services and will not have any input or responsibility concerning a client’s eligibility for, or the terms and conditions associated with these trust services. Neither Morgan Stanley nor its affiliates shall be responsible for any advice or services provided by the unaffiliated third parties. Morgan Stanley or its affiliates may participate in transactions on a basis separate from the referral of clients to these third parties and may receive compensation in connection with referrals made to them.
Morgan Stanley, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Wealth Management
Global Investment Office
Portfolio Insights
Private Wealth Management Podcast
Bringing you engaging stories and key insights surrounding the complexities associated with significant wealth, including:
- Intergenerational Planning
- Philanthropic Giving
- Non-Traditional Assets
- Managing Family Wealth
Managing Significant Wealth
- Investment Management
- Wealth Transfer & Philanthropy
- Cash Management & Lending
- Family Governance & Wealth Education
- Lifestyle Advisory
- Business Services
PWM Leadership Insights & Outcomes
Article Image
Insights and Outcomes
Thought Leadership for our ultra high net worth clients, which contains thought-provoking articles, authored by leading experts from Morgan Stanley Family Office Resources.
We look forward to discussing your needs and goals, and the exceptional resources we can place at your disposal.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
The securities/instruments, investments and investment strategies discussed on this website may not be suitable for all investors. The appropriateness of a particular investment or investment strategy will depend on an investor's individual circumstances and objectives. The views and opinions expressed on this website may not necessarily reflect those of Morgan Stanley Smith Barney LLC (“Morgan Stanley”). This website and its associated content are intended for U.S. residents only.
Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice. Visitors to this website 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.
Morgan Stanley Private Wealth Advisers may only transact business in states where they are registered or excluded or exempted from registration. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Morgan Stanley Private Wealth Advisers are not registered or excluded or exempt from registration.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
See the Financial Advisors Biographies for Registration and Licensing information.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.
Lifestyle Advisory Services: Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Private Bankers are employees of Morgan Stanley Private Bank, National Association.
Morgan 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
Awards Disclosures | Morgan Stanley
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
The securities/instruments, investments and investment strategies discussed on this website may not be suitable for all investors. The appropriateness of a particular investment or investment strategy will depend on an investor's individual circumstances and objectives. The views and opinions expressed on this website may not necessarily reflect those of Morgan Stanley Smith Barney LLC (“Morgan Stanley”). This website and its associated content are intended for U.S. residents only.
Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice. Visitors to this website 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.
Morgan Stanley Private Wealth Advisers may only transact business in states where they are registered or excluded or exempted from registration. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Morgan Stanley Private Wealth Advisers are not registered or excluded or exempt from registration.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
See the Financial Advisors Biographies for Registration and Licensing information.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.
Lifestyle Advisory Services: Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Private Bankers are employees of Morgan Stanley Private Bank, National Association.
Morgan 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
Awards Disclosures | Morgan Stanley
CRC 4677197 (7/2025), 4763067 (9/2025)
