Managing Director, Wealth Management, Financial Advisor, Senior Portfolio Management Director, Global Sports and Entertainment Director, Lending Specialist
Phone:
(952) 921-1904(952) 921-1904
Drees Marrujo at Morgan Stanley
Direct:
(952) 921-1904(952) 921-1904
Toll-Free:
(866) 553-8704(866) 553-8704
Our Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals
About Us
Wealth management requires knowledge, experience and insight. It involves comprehensive planning and a rigorous investment discipline. It demands long-range thinking from a close-knit team of respected professionals. The Drees-Marrujo Group at Morgan Stanley combines these essential qualities with faithful adherence to each client's preferences, beliefs and values.
Managing and growing relationships through prudent investment strategy and "white-glove" client services have been key components of our success. Our goal is to take care of all aspects of our client's financial lives so they can focus on the things that created the wealth they have entrusted to us. Choosing investments is fairly simple. Managing wealth for a sound, comfortable future is not. Our team has over 50 years of experience in the financial services industry and that experience is instrumental in helping to keep our clients wealthy.
IN THE PRESS
2024 & 2025 Forbes Best-In-State Wealth Management Teams. Each year, Forbes Magazine releases a list of hand-selected and ranked advisors. In order to make this list, advisors must be nominated by their firm, researched, interviewed, and assigned a rank by SHOOK Research.
The Drees Marrujo Group has made the list of Best-In-State Wealth Management Teams for 2024 & 2025.
Source: Forbes.com (Awarded Jan 2024, 2025) Data compiled by SHOOK Research LLC based for the period from 3/31/22–3/31/23, 3/31/23-3/31/24.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
About
Morgan Stanley Global Sports & Entertainment, a division committed to serving the complex financial needs of professional athletes and entertainers. The division was created because every sports and entertainment profession is unique, with its own characteristics, earnings profile and career span. Our clients need Sports and Entertainment Directors who know the industry and how money flows from their work to their wallet.
Sports and Entertainment Directors were chosen for their advanced experience working in very specific fields. In our case, it is MLB (American and Latin American) and NHL athletes. We understand the unique financial challenges of players and can craft customized financial strategies that are tailored to your specific needs. Delivering the powerful resources of Morgan Stanley, one of the world’s leading financial services firms, we work to translate our client's goals into a financial strategies designed to help grow assets, preserve wealth and ensure a successful financial life and legacy.
Sports and Entertainment Directors were chosen for their advanced experience working in very specific fields. In our case, it is MLB (American and Latin American) and NHL athletes. We understand the unique financial challenges of players and can craft customized financial strategies that are tailored to your specific needs. Delivering the powerful resources of Morgan Stanley, one of the world’s leading financial services firms, we work to translate our client's goals into a financial strategies designed to help grow assets, preserve wealth and ensure a successful financial life and legacy.
Working With You
Our goal as your Wealth Management team is to take care of all aspects of your financial lives so you can focus on the things that created the wealth you have entrusted to us. Choosing investments is fairly simple. Managing wealth for a sound, comfortable future is not. Our partners have worked together for over 18 years, leading a cohesive team with over 75 years of combined industry experience. That experience is instrumental in helping our clients preserve their wealth.
Experience
The Drees Marrujo team at Morgan Stanley has over 80 years of combined experience in the Financial Services industry.The Drees Marrujo team at Morgan Stanley has over 80 years of combined experience in the Financial Services industry.
Tom Drees
Tom began his career with the Audit Department at Big-Five Accounting firm KPMG. In 1991 he started his career in Wealth Management at Merrill Lynch where he worked until moving to Morgan Stanley in February 2008.
Named in Barron's Top 1200 Advisors from 2011-2022
2011-2022 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State) Source: Barrons.com (Awarded 2011-2022). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
Jose Marrujo
Jose began his career in 1992 at the largest financial firm in Mexico where he was a Regional Director and Managing Producer for 7 years focusing on high net worth clients. In 2000, he immigrated to the US and joined Merrill Lynch before coming to Morgan Stanley in 2008.
Derek Drees
Derek Drees holds a finance and marketing degree from Butler University, where he played baseball, and an MBA with a concentration in finance from the University of Arizona. Combining his experience in finance, marketing, and real estate, Derek provides tailored financial strategies to help clients achieve long-term success.
Jamie Johnson
Jamie Johnston joined Morgan Stanley in 2008 having worked in the financial services industry since 2002. Jamie graduated from Metropolitan State University in 2003 with a major in Finance and has worked with the team since 2006. Jamie and her husband Jake live in Prior Lake with their sons Jack and Leo.
Bridget Lueck
Bridget Lueck graduated from the University of Wisconsin, Stevens Point in 2007 with a double major in Business Administration and Economics. She joined Morgan Stanley and the team in 2008. She has earned the CERTIFIED FINANCIAL PLANNER™ designation. Bridget and her husband Mike live in Edina with their children Rylie, Trey, and Kennedy.
Monica Paris
Monica Paris, originally from Colombia, brings passion and creativity to every aspect of her work. With a love for finance and client relations, she excels at building strong connections. Since joining Morgan Stanley in 2022, Monica has specialized in assisting Latin clients, offering tailored solutions and insightful advice. She is always seeking new challenges and opportunities for growth. Monica lives with her daughters, Sofia and Camila.
About
One of our partners, Jose Marrujo, is a proud member of Morgan Stanley Global Sports & Entertainment, a division committed to serving the unique and complex financial needs of professional athletes and entertainers. Jose focuses on professional baseball players from Latin America.
Almost all of Jose’s clients know what it’s like for dreams to come true. They grew up in Latin America hoping to play major league baseball one day, and they had the talent and work ethic to reach that goal. Some are currently playing, some retired and others are still on the way up, but everyone has created great opportunities for themselves and their families. The goal is to help them make the most of those opportunities. Working with their agents and other members of their core advisory team, Jose offers the experience, expertise and resources to help them build a solid financial foundation for their futures.
Jose understands what it is like to succeed at an early age in a new country, where you may not speak the language or know the customs. He and the rest of our team are here to help you understand the system, solve problems and make smart financial decisions. Our job is to help you protect your money, provide for your family and invest for the future, so you can keep living the life you dreamed long after your baseball days are over.
Almost all of Jose’s clients know what it’s like for dreams to come true. They grew up in Latin America hoping to play major league baseball one day, and they had the talent and work ethic to reach that goal. Some are currently playing, some retired and others are still on the way up, but everyone has created great opportunities for themselves and their families. The goal is to help them make the most of those opportunities. Working with their agents and other members of their core advisory team, Jose offers the experience, expertise and resources to help them build a solid financial foundation for their futures.
Jose understands what it is like to succeed at an early age in a new country, where you may not speak the language or know the customs. He and the rest of our team are here to help you understand the system, solve problems and make smart financial decisions. Our job is to help you protect your money, provide for your family and invest for the future, so you can keep living the life you dreamed long after your baseball days are over.
International Wealth Management
International wealth management can be complex, as it involves navigating diverse financial regulations, tax laws, and market dynamics across different countries. At Morgan Stanley, we provide the expertise needed to simplify these challenges, offering personalized strategies to protect and grow your wealth in a global landscape.
The Head of International Wealth Management, Bobby Singh, describes how Morgan Stanley can make this a seamless process for international clients in a brief video.
Click here to watchThe Head of International Wealth Management, Bobby Singh, describes how Morgan Stanley can make this a seamless process for international clients in a brief video.
Location
8300 Norman Center Dr
Ste 1150
Bloomington, MN 55437
US
Direct:
(952) 921-1904(952) 921-1904
Toll-Free:
(866) 553-8704(866) 553-8704
Fax:
(612) 284-1072(612) 284-1072
Meet Drees Marrujo
Senior Vice President, International Client Advisor, Global Sports and Entertainment Director, NFLPA Registered Institutional Player Financial Advisor
Phone:
(952) 921-1965(952) 921-1965
Phone:
(952) 921-1949(952) 921-1949
Jamie Johnston
Director of Business Strategy, Wealth Management, Vice President
Phone:
(952) 921-1956(952) 921-1956
Bridget Lueck, CFP
Portfolio Management Associate Director, Wealth Management, Vice President
Phone:
(952) 921-1983(952) 921-1983
Monica Paris
Client Service Associate
About Thomas Drees
Tom Drees has been in the financial services industry for over 30 years. After graduating from Creighton University with a major in Accounting and Finance, Tom took a position with the audit department of Big Five accounting firm, KPMG Peat Marwick. From there he moved to Merrill Lynch, where he spent the next 16 years. While working at KPMG Peat Marwick and Merrill Lynch, Tom was simultaneously pursuing a career in professional baseball. He was drafted by the Chicago White Sox and spent six years in that organization, playing at every level from A-ball to the Major Leagues. He also spent time in the Texas, Seattle, and Minnesota organizations. He moved to Morgan Stanley in 2008 and is currently a Managing Director at the firm.
Tom's work in the financial services industry has been featured in numerous magazines and newspapers. For the past 12 years, Barron's has named Tom as one of the Top 1200 Wealth Advisors in the United States and one of the Top 10 in Minnesota. Financial Times (FT) also twice named (2013 & 2014) Tom as one of the Top 400 Advisors in the US. Most recently, Tom and his team, The Drees Marrujo Group were named to 2024 Forbes Best-In-State Wealth Management Teams.
Tom and his wife Stephanie live in Eden Prairie and have three children Derek, Dylan, and Sydney.
Disclosures
2011-2022 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com (Awarded 2011-2022). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
2013, 2014 Financial Times 400 Top Financial Advisors
Source: ft.com. Data compiled by the Financial Times based the following time periods:
Awarded 2014; Data as of 9/30/12 - 9/30/13
Awarded 2013; Data as of 12/31/12
2024 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2024) Data compiled by SHOOK Research LLC based for the period from 3/31/22–3/31/23.
https://www.morganstanley.com/disclosures/awards-disclosure.html
Tom's work in the financial services industry has been featured in numerous magazines and newspapers. For the past 12 years, Barron's has named Tom as one of the Top 1200 Wealth Advisors in the United States and one of the Top 10 in Minnesota. Financial Times (FT) also twice named (2013 & 2014) Tom as one of the Top 400 Advisors in the US. Most recently, Tom and his team, The Drees Marrujo Group were named to 2024 Forbes Best-In-State Wealth Management Teams.
Tom and his wife Stephanie live in Eden Prairie and have three children Derek, Dylan, and Sydney.
Disclosures
2011-2022 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com (Awarded 2011-2022). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
2013, 2014 Financial Times 400 Top Financial Advisors
Source: ft.com. Data compiled by the Financial Times based the following time periods:
Awarded 2014; Data as of 9/30/12 - 9/30/13
Awarded 2013; Data as of 12/31/12
2024 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2024) Data compiled by SHOOK Research LLC based for the period from 3/31/22–3/31/23.
https://www.morganstanley.com/disclosures/awards-disclosure.html
Securities Agent: DE, ND, CT, SC, OK, MO, ME, CO, CA, PA, WI, TN, OH, NY, NH, GA, AR, NV, AL, TX, WA, MN, MA, SD, OR, NJ, IN, IA, DC, AZ, MS, IL, VA, NE, MI, FL; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1253184
CA Insurance License #: 0B31120
NMLS#: 1253184
CA Insurance License #: 0B31120
About Jose Marrujo
As a member of the Drees Marrujo Group at Morgan Stanley and Morgan Stanley Global Sports & Entertainment division, Jose works with emerging and veteran professional athletes, with a focused clientele of international players.
The business of being a professional athlete is complex and those who reach major league status benefit from a Financial Advisor who understands the ins-and-outs of the industry, how money flows from work to wallet and the variability of career span, lifestyle, health, longevity and more.
Jose has spent over 25 years honing his skills to understand and advise players in budgeting, planning, investing and making smart choices about their finances to last well past the time when they hang up their cleats and join the rest of us in normal land.
Designated as a Sports and Entertainment Director and International Wealth Specialist, Jose works with domestic and international clients and collaborates with their tax and legal advisors to coordinate financial strategies, estate planning and other issues unique to being a pro athlete.
Jose began his career at the largest financial firm in Mexico, Banamex, before immigrating to the United States in 2000. Jose and his wife Melissa and live in Chanhassen and have three children, William, Michael and Anthony.
The business of being a professional athlete is complex and those who reach major league status benefit from a Financial Advisor who understands the ins-and-outs of the industry, how money flows from work to wallet and the variability of career span, lifestyle, health, longevity and more.
Jose has spent over 25 years honing his skills to understand and advise players in budgeting, planning, investing and making smart choices about their finances to last well past the time when they hang up their cleats and join the rest of us in normal land.
Designated as a Sports and Entertainment Director and International Wealth Specialist, Jose works with domestic and international clients and collaborates with their tax and legal advisors to coordinate financial strategies, estate planning and other issues unique to being a pro athlete.
Jose began his career at the largest financial firm in Mexico, Banamex, before immigrating to the United States in 2000. Jose and his wife Melissa and live in Chanhassen and have three children, William, Michael and Anthony.
Securities Agent: MN, IL, TN, NV, NE, MI, MD, IA, DC, WI, WA, NM, VA, PA, NY, GA, LA, CA, AZ, NC, TX, SD, NJ, MS, MA, DE, SC, OR, KY, NH, MO, ME, IN, FL, CT, CO, AL; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1285016
CA Insurance License #: 0F19876
NMLS#: 1285016
CA Insurance License #: 0F19876
About Derek Drees
Derek Drees graduated from Butler University with a bachelor’s degree in finance and marketing and later completed an MBA with a concentration in finance. While at Butler, he competed on the baseball team, earning academic and all-conference honors in both the Big East and the Pac 12. In his final year, he moved to Tucson to play for the University of Arizona while completing a Certificate in Real Estate Development with a focus on finance.
His background in finance, marketing, and real estate, combined with the discipline gained from athletics, equips him to offer well-rounded financial strategies tailored to clients' unique needs. Derek is committed to helping clients achieve long-term financial success through thoughtful planning and proactive management.
In his free time, he enjoys staying active with pickleball, basketball, and golf, and finds joy in cooking challenging meals.
His background in finance, marketing, and real estate, combined with the discipline gained from athletics, equips him to offer well-rounded financial strategies tailored to clients' unique needs. Derek is committed to helping clients achieve long-term financial success through thoughtful planning and proactive management.
In his free time, he enjoys staying active with pickleball, basketball, and golf, and finds joy in cooking challenging meals.
Securities Agent: ND, CA, ME, CT, AZ, DE, AR, AL, SD, OK, NJ, MO, MN, TX, NV, IN, TN, PA, NY, NE, MI, DC, WI, OH, MS, IA, GA, CO, OR, MA, IL, WA, VA, NH, FL, SC; General Securities Representative; Investment Advisor Representative
NMLS#: 2665979
NMLS#: 2665979
About Jamie Johnston
Jamie Johnston joined Morgan Stanley in 2008 having worked in the financial services industry since 2002. Jamie graduated from Metropolitan State University in 2003 with a major in Finance and has worked with the team since 2006. Jamie and her husband Jake live in Prior Lake with their sons Jack and Leo.
CA Insurance License #: 0G72492
About Bridget Lueck
Bridget Lueck graduated from the University of Wisconsin, Stevens Point in 2007 with a double major in Business Administration and Economics. She joined Morgan Stanley and the team in 2008. She has earned the CERTIFIED FINANCIAL PLANNER designation. Bridget and her husband Mike live in Edina with their 3 children.
*Disclaimer: This role cannot solicit or provide investment advice
*Disclaimer: This role cannot solicit or provide investment advice
CA Insurance License #: 0G72812
About Monica Paris
Monica Paris is originally from Colombia and brings her passion and creativity to every aspect of her work. With a love for finance and client relations, she excels at fostering strong connections.
Monica joined Morgan Stanley in 2022 and specializes in assisting Latin clients, offering tailored solutions and insightful advice.
She is always seeking new challenges and opportunities for growth. Monica lives with her daughters Sofia and Camila.
Monica joined Morgan Stanley in 2022 and specializes in assisting Latin clients, offering tailored solutions and insightful advice.
She is always seeking new challenges and opportunities for growth. Monica lives with her daughters Sofia and Camila.
Contact Thomas Drees
Contact Jose Marrujo
Contact Derek Drees
Wealth Management
Global Investment Office
Portfolio Insights
Wealth Management for Athletes and Entertainers
Understanding the unique financial challenges of athletes and entertainers and how they differ from one profession to the next, we deliver the experience and resources you need to help create and implement a comprehensive, multigenerational wealth management plan based on your needs, values and aspirations.
- Investment Management
- Wealth Transfer & Philanthropy
- Private Banking Solutions
- Family Governance & Wealth Education
- Lifestyle Advisory
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 Drees Marrujo today.
1Morgan 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
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Alternative 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.
3An 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.
4Investors 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.
5Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
8When 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.
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
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
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Alternative 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.
3An 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.
4Investors 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.
5Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
8When 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.
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.
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Awards Disclosures
CRC 6491812 (04/2024)
