Douglas Gilliland, CFP®, ChSNC®
Senior Vice President,
Financial Advisor,
Insurance Planning Director,
Lending Specialist
Direct:
(650) 496-4246(650) 496-4246
My Mission Statement
Working closely with you on your unique vision of the future to help grow, preserve, and enjoy your wealth.
My Story and Services
With over 20 years of experience in financial and wealth management, I specialize in helping high-tech industry professionals navigate the complexities of their financial lives. Many of the families I serve have built their wealth through company stock options and restricted stock grants. I understand the unique challenges that come with concentrated stock positions, and I partner with you to design tailored strategies for diversification, liquidity, risk reduction, and philanthropy strategies.
My mission is simple: to help you transform the wealth you've earned into the lifestyle you envision and the legacy you aspire to leave behind. Through a disciplined and collaborative financial planning process, I address the full spectrum of your financial needs—from building a secure retirement to planning for your children's education, generating sustainable income, and ensuring the seamless transfer of wealth to future generations.
I believe that effective wealth management goes beyond numbers. It's about understanding your goals, values, and aspirations. By working closely with your estate attorneys, tax advisors, and other trusted professionals, I aim to deliver a holistic plan that reflects your unique circumstances and helps you achieve your financial objectives.
Whatever your goals may be, I would be honored to be a part of your journey.
Services Include
- Wealth ManagementFootnote1
- Financial PlanningFootnote2
- Planning for Individuals with Special Needs
- Planning for Individuals with Special Needs and their Families
- Retirement PlanningFootnote3
- Estate Planning StrategiesFootnote4
- LGBT+ Planning ServicesFootnote5
- 529 PlansFootnote6
- Asset Management
- Fixed IncomeFootnote7
- Alternative InvestmentsFootnote8
- 401(k) Rollovers
- Trust AccountsFootnote9
- UGMA/UTMAFootnote10
- Exchange Traded FundsFootnote11
- Donor Advised Funds
Securities Agent: FL, AR, ID, WY, WA, TX, TN, SC, MN, MD, CO, AZ, NJ, HI, OR, MI, CA, MA, GA, WI, NC, AL, NV, CT, UT, AK, PA, IL, VA, NY, NM, NH; General Securities Representative; Investment Advisor Representative
NMLS#: 1255461
NMLS#: 1255461
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Biography
Douglas has more than 20 years of experience providing financial and wealth management advice. He focuses on financial planning for individuals in the high technology industry. Most of the families Douglas works with have achieved their wealth through company stock options and restricted stock grants. Douglas focuses on working with these families with their concentrated stock issues, offering diversification, liquidity, risk reduction, and philanthropy strategies. With the Chartered Special Needs Consultant designation, Douglas also has the experience to help Special Needs Families with the unique challenges they face.
By taking his clients through the financial planning process he is able to deliver a comprehensive approach to wealth management, retirement planning, college planning, income generation, wealth transfer, and philanthropy. Douglas works with client's outside advisors to help them achieve their estate and tax planning goals.
Douglas has been a Financial Advisor since 2004. He joined Morgan Stanley in 2011 after a distinguished 7 year career at Merrill Lynch. Douglas has a degree in Molecular Biology from U.C. Berkeley. Previous to his career as a Financial Advisor he spent 7 years working in the biotechnology field. Douglas lives in Sunnyvale with his son, and they both enjoy the reef aquarium.
GOALS-BASED PLANNING - UNDERSTAND YOUR FINANCIAL GOALS AND WORK WITH YOU TO CREATE A PLAN DESIGNED TO HELP YOU ACHIEVE THEM.
To begin, I will work with you to:
• Define your specific goals such as retirement, saving for your children’s or grandchildren’s education, planning for important events and major purchases, or creating a legacy for your heirs. If appropriate, we may discuss the use of insurance to help protect your goals as well as review and analyze estate planning strategies.
• Review your current financial situation such as your net worth, income, investments and asset allocation—including accounts held outside of Morgan Stanley.
• Design a customized strategy for helping you achieve your financial goals.
• Choose products and accounts to meet your investment and cash management needs, thus creating a holistic picture of your financial life and streamlining the process of executing your strategy and tracking your progress.
• Define your specific goals such as retirement, saving for your children’s or grandchildren’s education, planning for important events and major purchases, or creating a legacy for your heirs. If appropriate, we may discuss the use of insurance to help protect your goals as well as review and analyze estate planning strategies.
• Review your current financial situation such as your net worth, income, investments and asset allocation—including accounts held outside of Morgan Stanley.
• Design a customized strategy for helping you achieve your financial goals.
• Choose products and accounts to meet your investment and cash management needs, thus creating a holistic picture of your financial life and streamlining the process of executing your strategy and tracking your progress.
Step 1: Discover
Start with a conversation to uncover your goals and understand your entire financial picture.
Step 2: Advise
Work with you to assess various scenarios and advise you on the strategies to help you meet those goals.
Step 3: Implement
Implement investment strategies and other solutions that are an appropriate fit for you and your goals.
Step 4: Track Progress
Track in real time to make adjustments according to your needs, life events and changing market conditions.
TRUST AND ESTATE PLANNING
We help look at all aspects of your estate to understand the potential income tax and estate planning attributes of the vehicles. The goal is to make more informed investment decisions looking at the estate plan holistically.
We Will Assist You With...
• Perform preliminary due diligence – review balance sheet and your existing estate planning strategies
• Objectively educate you about income tax and estate planning strategies
• Analyze planning techniques in relation to your goals
• Implement the estate plan to the extent that you are comfortable but we do not provide tax or legal advice
• Integrate investment and estate planning strategies - combining “asset location” with “asset allocation”
• Objectively educate you about income tax and estate planning strategies
• Analyze planning techniques in relation to your goals
• Implement the estate plan to the extent that you are comfortable but we do not provide tax or legal advice
• Integrate investment and estate planning strategies - combining “asset location” with “asset allocation”
Planning Resources
Please find below links to resources you may find useful as you familiarize yourself with the Morgan Stanley Wealth Management platforms. If you have any questions, feel free to reach out to me.
Planning for Your Financial Future
Your financial goals and priorities will likely shift with time. To help prepare for the road ahead, ask yourself what matters to you and your family long term. Learn more on how you can get started.
Learn More
Develop Your Retirement Roadmap
The path to your ideal retirement may have some twists and turns, but smart planning can help you reach your destination. Where are you in your retirement journey? Learn more about how to reach your retirement goals.
Learn More
Guide to Tax-Efficient Planning
The tax decisions you make today can help you save for years to come. Consider these smart tax strategies for your financial plan.
Learn More
Tax, Trust and Estate Planning
The Wealth and Estate Planning Strategists look at all aspects of an individual’s estate to understand the potential income tax and estate planning attributes of the vehicles.
Learn More
Special Needs Planning and Wealth Management Factsheet
They need to be aware of the strategies, tools and techniques available to help ensure continuing care, preserve government benefits and balance the needs of other family members with those of their loved one with special needs.
Learn More
Planning for Individuals with Special Needs
Individuals planning for their own financial well-being or the financial well-being of a family member with special needs face several challenges. For families with these complex issues, a special needs trust can prove to be a viable solution.
Learn More
CashPlus Brokerage Account
Designed as a modern alternative to banking, providing more value, more protection, and a seamless digital experience. You can benefit from unlimited ATM fee rebates worldwide, complimentary Identity and Credit Protection from Experian®, plus more.
Learn More
Understanding Equity Compensation
This article explains restricted stock, stock options, gift options, and more. If you wish to discuss issues specific to your equity compensation, including strategies to diversify a concentrated positions, please speak to your wealth advisor.
Learn More
Concentrated Positions Toolkit
Concentrated positions can increase investment risk. The simplest way to reduce that risk is to diversify your portfolio. However, many investors may be unable or unwilling to sell their concentrated position. Therefore, you may want to discuss potential hedging and monetization strategies outlined in this brochure with your Financial Advisor or Private Wealth Advisor.
Learn More
Philanthropic Toolkit
Many clients value philanthropy and thereby utilize various gifting structures while giving to different types of charities. In order to help you prudently invest, we need to grasp the salient features of client situations. We work with our clients’ lawyers and accountants to understand the complete framework under which you can then make sound investment decisions.
Learn More
Morgan Stanley Online
Morgan Stanley Online allows you to seamlessly and securely manage your investments and everyday finances in one place.
Register for Morgan Stanley Online Today
Total Wealth View
Complete your financial picture with Total Wealth View. By linking your account information, you will benefit from more informed wealth planning, more secure data access, and convenient connectivity.
Register Today
LifeView
LifeView is a suite of planning tools that includes goal-specific analysis that Financial Advisors can use with clients to create a realistic, holistic strategy that integrates the various aspects of an individual's financial life, including investments and cash management needs.
Learn More
eDelivery
Sign up for eDelivery today and start receiving email notifications as soon as your account documents are available on Morgan Stanley Online or the Morgan Stanley Mobile App. It's quick, convenient & secure.
Enroll Today
Total Tax 365
Taxes can be a substantial drag on investment returns. Morgan Stanley Total Tax 365 offers access to a broad range of tax-efficient strategies to help you integrate tax planning into your investment process all year long, maximize portfolio after-tax return potential and help keep more of what you earn.
Learn More
Security Center
Learn about our latest security measures, how we are safeguarding your assets and personal information and find actionable insights and resources on important cybersecurity topics to enhance your own online security.
Visit our Security CenterClient Service Team
Debby Kurniawati - Client Service Associate
Phone:
(650) 856-4508(650) 856-4508
Email:Debby.Kurniawati@morganstanley.com
Debby Kurniawati is an accomplished banking professional with over 14 years of experience in retail and small business banking.
Before joining Morgan Stanley in September 2024, Debby served as Vice President and Branch Manager for the South Bay District at U.S. Bank. There, she managed several branches and consistently earned top performance and service awards. Her experience in team development, regulatory compliance, and strategic partnerships significantly contributed to her branches' success. Debby specialized in managing affluent clients, creating tailored goal plans, and mentoring colleagues, all while working closely with partners to address clients' financial needs.
At Morgan Stanley, Debby aims to enhance the clients experience by partnering with Financial Advisors to develop business plans, streamline the onboarding process, and handle administrative duties. She is passionate about modernizing service standards and elevating client care.
Debby holds a Bachelor of Science in Corporate Finance and Accounting from San Francisco State University. Outside of work, she enjoys walking, hiking, and exploring new coffee shops and bakeries, which reflect her love for community and connection.
Before joining Morgan Stanley in September 2024, Debby served as Vice President and Branch Manager for the South Bay District at U.S. Bank. There, she managed several branches and consistently earned top performance and service awards. Her experience in team development, regulatory compliance, and strategic partnerships significantly contributed to her branches' success. Debby specialized in managing affluent clients, creating tailored goal plans, and mentoring colleagues, all while working closely with partners to address clients' financial needs.
At Morgan Stanley, Debby aims to enhance the clients experience by partnering with Financial Advisors to develop business plans, streamline the onboarding process, and handle administrative duties. She is passionate about modernizing service standards and elevating client care.
Debby holds a Bachelor of Science in Corporate Finance and Accounting from San Francisco State University. Outside of work, she enjoys walking, hiking, and exploring new coffee shops and bakeries, which reflect her love for community and connection.
Location
1400 Page Mill Road
Palo Alto, CA 94304
US
Direct:
(650) 496-4246(650) 496-4246
Fax:
(650) 493-6647(650) 493-6647
Wealth Management
Global Investment Office
Portfolio Insights
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
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
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
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
Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Ready to start a conversation? Contact Douglas Gilliland today.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
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.
3When 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.
4Morgan 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.
5Morgan 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.
6Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
7Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
8Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
9Morgan 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.
10Morgan 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.
11An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
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
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
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.
3When 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.
4Morgan 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.
5Morgan 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.
6Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
7Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
8Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
9Morgan 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.
10Morgan 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.
11An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
