

Morgan Stanley Private Wealth Management
Eagleone Team at Morgan Stanley
Direct:
(305) 533-5400(305) 533-5400

Our Mission Statement
With over 50 years of combined experience, both domestic and international, we are committed to fostering prosperity and enduring legacies.
THE EAGLEONE TEAM AT MORGAN STANLEY
With over 50 years of combined experience, both domestic and international, we are committed to fostering prosperity and enduring legacies. Our commitment to understanding our clients' needs, goals, and aspirations enables us to craft a highly customized strategy for their unique financial circumstance. We pride ourselves on our exceptional level of service and professional expertise, backed by a team dedicated to helping our clients live the lives they desire and build enduring legacies.
As Private Wealth Advisors and Portfolio Managers, we provide access to the full range of services essential for designing and executing truly comprehensive wealth management plans. We are here to help you find solutions for the many complexities of managing significant, multigenerational wealth, so you are free to enjoy its rewards.
We manage over $6.1 billion* for a select clientele of ultra-high-net-worth individuals and families. Our team has the privileged distinction of being named to Forbes America’s Top Wealth Management Teams and Best-In-State Wealth Management. Our clients have worked hard, often across generations, for the success they have achieved as well as the wealth they have created. They come to us for our assistance in creating highly customized strategies to help protect and prudently grow their capital over time, maintain their lifestyles, and create a legacy for future generations.
From our founding, our primary mission has been to build close, cooperative, and enduring relationships with our clients. We are honored that many of these relationships have spanned several decades and multiple generations.
*As of 08/13/2025
As Private Wealth Advisors and Portfolio Managers, we provide access to the full range of services essential for designing and executing truly comprehensive wealth management plans. We are here to help you find solutions for the many complexities of managing significant, multigenerational wealth, so you are free to enjoy its rewards.
We manage over $6.1 billion* for a select clientele of ultra-high-net-worth individuals and families. Our team has the privileged distinction of being named to Forbes America’s Top Wealth Management Teams and Best-In-State Wealth Management. Our clients have worked hard, often across generations, for the success they have achieved as well as the wealth they have created. They come to us for our assistance in creating highly customized strategies to help protect and prudently grow their capital over time, maintain their lifestyles, and create a legacy for future generations.
From our founding, our primary mission has been to build close, cooperative, and enduring relationships with our clients. We are honored that many of these relationships have spanned several decades and multiple generations.
*As of 08/13/2025
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 350 teams1 specialized in assisting individuals and families with $20MM+ in investable assets
- Over $980 billion in AUM1
- Comprising 23% of the Barron’s Top 250 Private Wealth Management Teams for 2024
- 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, December, 2024
Source: Barron's.com (May 2024) 2024 Barron's Top 250 Private Wealth Management Teams awarded in 2024. The teams are ranked on a variety of factors, including their size and shape, their regulatory records and credentials of their members, and the resources they have at their disposal to serve their client bases. The rankings are meant as a starting point for clients looking for an advisor—a first-pass vetting that can help investors narrow a search. Every advisor will have his or her own approach to investing, financial planning, and other services. Clients are encouraged to approach a search for an advisor the way they would a search for a doctor—interviewing multiple professionals and getting opinions from multiple third parties. Rankings are based on the opinions of Barron's and this ranking 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.
Location
200 S Biscayne Blvd
STE 1500
Miami, FL 33131
US
Direct:
(305) 533-5400(305) 533-5400
Meet Eagleone Team at Morgan Stanley
About Edouard Yves Crepy
Mr. Edouard Crépy was born in France and has resided in Miami since 2002. He is married and has five children.
After graduating from the European Business School, Mr. Crépy began his career in finance at the Royal Bank of Scotland in London and Deutsche Bank in Munich, Germany, working on the fixed income and trading desks.
He entered the field of Private Wealth Management at CIC in Paris, and in 1995 joined Banque Sudameris—part of Gruppo Banca Intesa—in the same city. He was later transferred to Santiago, Chile, where he remained for six years before relocating to São Paulo, Brazil, for an additional three years.
In 2002, Mr. Crépy moved to the United States as Head of Wealth Management for Banque Sudameris in Miami, prior to its acquisition by BNP Paribas. His talents were quickly recognized, and he advanced to become a highly successful Senior Vice President at BNP Paribas.
In October 2011, he joined Morgan Stanley Private Wealth Management as a Managing Director and co-founder of the Eagleone team, accompanied by team members with whom he had collaborated for more than a decade.
Fluent in French, English, Portuguese, and Spanish, Mr. Crépy maintains a client base spanning South America, the United States, and Europe.
After graduating from the European Business School, Mr. Crépy began his career in finance at the Royal Bank of Scotland in London and Deutsche Bank in Munich, Germany, working on the fixed income and trading desks.
He entered the field of Private Wealth Management at CIC in Paris, and in 1995 joined Banque Sudameris—part of Gruppo Banca Intesa—in the same city. He was later transferred to Santiago, Chile, where he remained for six years before relocating to São Paulo, Brazil, for an additional three years.
In 2002, Mr. Crépy moved to the United States as Head of Wealth Management for Banque Sudameris in Miami, prior to its acquisition by BNP Paribas. His talents were quickly recognized, and he advanced to become a highly successful Senior Vice President at BNP Paribas.
In October 2011, he joined Morgan Stanley Private Wealth Management as a Managing Director and co-founder of the Eagleone team, accompanied by team members with whom he had collaborated for more than a decade.
Fluent in French, English, Portuguese, and Spanish, Mr. Crépy maintains a client base spanning South America, the United States, and Europe.
Securities Agent: DE, VA, OH, MT, SD, NH, CT, AZ, MI, MA, IL, GA, MN, KY, FL, CO, WY, TN, NY, NJ, CA, PR, WA, MD, DC, TX, SC, PA, NV, MO, AR, VI; General Securities Representative; Investment Advisor Representative
NMLS#: 1406578
NMLS#: 1406578
About Daniele Conci
Mr. Daniele Conci was born and raised in the spectacular Dolomites region of Italy. He studied in Finance and computer programming and he brings over 25 years of experience in International Wealth Management.
Mr. Conci originally moved to Miami in 1999 to establish the Private Banking agency of an Italian bank, where he worked until 2005, when he joined BNP Paribas.
After six years managing his client book at the French bank in both Miami and New York, Mr. Conci joined Morgan Stanley in 2011 as a Managing Director and co-founder of the Eagleone Team, where he continues to expand his niche clientele.
Fluent in English, Spanish, and Italian, Mr. Conci advises clients located in the United States, Central and South America, and Europe.
For over 25 years, he has assisted Ultra High Net Worth individuals and their families in developing and implementing Wealth Management strategies tailored to their specific needs and situations.
In addition, Mr. Conci is a Senior Portfolio Management Director with a focus on active and tactical investment management, as well as a Family Wealth Director focusing on estate planning strategies and family matters.
He also served for several years as co-chair of the ICA Council (International Client Advisor), a select group of 14 executives representing Morgan Stanley's International Wealth Management business across the country.
Although Mr. Conci lived in New York for several years and still spends substantial time in the city, he is happy to call Miami his home.
Mr. Conci originally moved to Miami in 1999 to establish the Private Banking agency of an Italian bank, where he worked until 2005, when he joined BNP Paribas.
After six years managing his client book at the French bank in both Miami and New York, Mr. Conci joined Morgan Stanley in 2011 as a Managing Director and co-founder of the Eagleone Team, where he continues to expand his niche clientele.
Fluent in English, Spanish, and Italian, Mr. Conci advises clients located in the United States, Central and South America, and Europe.
For over 25 years, he has assisted Ultra High Net Worth individuals and their families in developing and implementing Wealth Management strategies tailored to their specific needs and situations.
In addition, Mr. Conci is a Senior Portfolio Management Director with a focus on active and tactical investment management, as well as a Family Wealth Director focusing on estate planning strategies and family matters.
He also served for several years as co-chair of the ICA Council (International Client Advisor), a select group of 14 executives representing Morgan Stanley's International Wealth Management business across the country.
Although Mr. Conci lived in New York for several years and still spends substantial time in the city, he is happy to call Miami his home.
Securities Agent: DE, WA, PR, NV, MN, WY, IL, DC, VA, SC, PA, CT, AZ, NY, NH, CO, CA, TX, SD, OH, MT, KY, AR, MO, GA, NJ, MI, FL, TN, VI, MD, MA; General Securities Representative; Investment Advisor Representative
NMLS#: 1600247
NMLS#: 1600247
About Fulvio Urbinati
Mr. Fulvio Urbinati was born in Brazil and is of Italian descent. He was raised while traveling and studying in various countries around the world, including the United States, Spain, and Italy.
Mr. Urbinati graduated from Universidade da Amazônia in Brazil with a bachelor’s degree in international business.
In 2000, he moved to the United States to study at Northeastern University, where he completed a pre-MBA program and a specialization in Finance and Capital Markets in 2002.
That same year, Mr. Urbinati began his professional career in Finance, spending the first five years as a fixed income trader at Banque Sudameris and Banco Santander.
In 2007, he joined BNP Paribas as a financial advisor, and in 2011, he moved to Morgan Stanley as a Managing Director and co-founder of the Eagleone team.
Mr. Urbinati specializes in Alternative Investments and tailor-made solutions for ultra-high-net-worth individuals in the international market, bringing over 2 decades of experience.
Mr. Urbinati resides in Miami with his wife and three children.
Mr. Urbinati graduated from Universidade da Amazônia in Brazil with a bachelor’s degree in international business.
In 2000, he moved to the United States to study at Northeastern University, where he completed a pre-MBA program and a specialization in Finance and Capital Markets in 2002.
That same year, Mr. Urbinati began his professional career in Finance, spending the first five years as a fixed income trader at Banque Sudameris and Banco Santander.
In 2007, he joined BNP Paribas as a financial advisor, and in 2011, he moved to Morgan Stanley as a Managing Director and co-founder of the Eagleone team.
Mr. Urbinati specializes in Alternative Investments and tailor-made solutions for ultra-high-net-worth individuals in the international market, bringing over 2 decades of experience.
Mr. Urbinati resides in Miami with his wife and three children.
Securities Agent: IL, NH, MT, CT, OH, MI, KY, GA, AR, VA, TN, DC, WA, SC, MD, AZ, WY, PR, NV, NJ, MO, FL, CO, TX, SD, PA, MA, DE, CA, VI, NY, MN; General Securities Representative; Investment Advisor Representative
NMLS#: 2010366
NMLS#: 2010366
About Maria C. Lipton
Drawing on 35 years of international investing, planning, and economic policy experience, Ms. Maria Lipton creates highly customized wealth management solutions for a select global clientele of high-achieving business leaders, their families, and foundations.
Ms. Lipton began her banking career at Chase Manhattan Bank in New York as team leader of the South Cone private banking operation.'
She advanced to increasingly responsible positions at American Express, Julius Baer, Credit Suisse, and UBS before joining Morgan Stanley in New York in 2009.
Ms. Lipton’s international experience encompasses faculty positions at Seisen International School and Sophia International University in Tokyo.
She returned to New York to join the United Nations as an officer in the Economic and Social Council and the Second Committee, and later served in the Environmental Coordinating Unit at the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in Bangkok, Thailand.
Ms. Lipton attended the Lycée Français de Madrid and the University of Glasgow.
She received a master’s degree in public affairs from the State University of New York at Albany.
Ms. Lipton began her banking career at Chase Manhattan Bank in New York as team leader of the South Cone private banking operation.'
She advanced to increasingly responsible positions at American Express, Julius Baer, Credit Suisse, and UBS before joining Morgan Stanley in New York in 2009.
Ms. Lipton’s international experience encompasses faculty positions at Seisen International School and Sophia International University in Tokyo.
She returned to New York to join the United Nations as an officer in the Economic and Social Council and the Second Committee, and later served in the Environmental Coordinating Unit at the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in Bangkok, Thailand.
Ms. Lipton attended the Lycée Français de Madrid and the University of Glasgow.
She received a master’s degree in public affairs from the State University of New York at Albany.
Securities Agent: VA, AZ, TX, NY, GA, TN, MT, DE, AR, NV, NJ, DC, WI, WA, CA, SD, OH, MN, MI, KY, IL, WY, PR, NH, MA, FL, CT, CO, VI, SC, MO, MD, PA; General Securities Representative; Investment Advisor Representative
NMLS#: 2157006
NMLS#: 2157006
About Luca Majic
Mr. Luca Majic brings over two decades of Wealth Management experience to the service of Ultra High Net Worth families and individuals, as well as select institutions, throughout Europe and the Americas.
His goal is to craft highly customized Wealth Management plans that empower clients to preserve and enhance their financial, family, and social capital. Many of these relationships now span more than 15 years.
Mr. Majic studied International Relations at Universidad del Salvador in his native Argentina and finance at the University of Texas.
He began his career at Banco Santander Río in the Private Banking division in Argentina.
As the 2001 financial crisis engulfed his homeland, Mr. Majic relocated to Miami, where he spent the next two years before accepting a position with Santander at its Geneva office. In 2010, he joined Morgan Stanley Private Wealth Management in Geneva, serving Latin American and European clients.
In all, Mr. Majic spent 11 years working and living in Switzerland, honing the skills and savoir-faire of Wealth Management with a European touch. It was also during this time that he welcomed his two children.
In 2015, Mr. Majic and his family relocated to Miami to continue his career at Morgan Stanley's Private Wealth Management division.
In 2021, he joined the Eagleone Team—one of the largest international teams within Morgan Stanley—as an Executive Director.
He enjoys collaborating with team members to develop and deliver best-in-class Wealth Management solutions for their clients.
Born into an Argentine family with proud Croatian roots, Mr. Majic was raised in Comodoro Rivadavia, in Argentine Patagonia.
His decision to relocate to Miami was partly motivated by a desire to raise his family in a city more reflective of their Argentine roots.
He also believed that Morgan Stanley’s top-in-class U.S. platform would better support his efforts to address clients’ needs.
His goal is to craft highly customized Wealth Management plans that empower clients to preserve and enhance their financial, family, and social capital. Many of these relationships now span more than 15 years.
Mr. Majic studied International Relations at Universidad del Salvador in his native Argentina and finance at the University of Texas.
He began his career at Banco Santander Río in the Private Banking division in Argentina.
As the 2001 financial crisis engulfed his homeland, Mr. Majic relocated to Miami, where he spent the next two years before accepting a position with Santander at its Geneva office. In 2010, he joined Morgan Stanley Private Wealth Management in Geneva, serving Latin American and European clients.
In all, Mr. Majic spent 11 years working and living in Switzerland, honing the skills and savoir-faire of Wealth Management with a European touch. It was also during this time that he welcomed his two children.
In 2015, Mr. Majic and his family relocated to Miami to continue his career at Morgan Stanley's Private Wealth Management division.
In 2021, he joined the Eagleone Team—one of the largest international teams within Morgan Stanley—as an Executive Director.
He enjoys collaborating with team members to develop and deliver best-in-class Wealth Management solutions for their clients.
Born into an Argentine family with proud Croatian roots, Mr. Majic was raised in Comodoro Rivadavia, in Argentine Patagonia.
His decision to relocate to Miami was partly motivated by a desire to raise his family in a city more reflective of their Argentine roots.
He also believed that Morgan Stanley’s top-in-class U.S. platform would better support his efforts to address clients’ needs.
Securities Agent: CO, TN, MD, NH, SC, OR, OH, PR, SD, NY, NC, AR, CA, MN, MI, DE, CT, VI, NJ, KY, IL, GA, FL, AZ, WA, VA, PA, WY, TX, NV, MT, MO, MA, IN, DC; General Securities Representative; Investment Advisor Representative
NMLS#: 1990411
NMLS#: 1990411
About Juan Pablo Garcia
Mr. Juan Pablo Garcia serves as a Vice President at Morgan Stanley, with more than a decade of experience in Wealth Management.
He joined Morgan Stanley in 2016, where he advises clients and assists them in reaching their financial objectives.
Before that, he was at Wells Fargo Advisors, building a solid foundation in the field.
Hailing from Peru, Mr. Garcia competed for his country in junior tennis tournaments prior to relocating to the United States for his studies.
He attended Binghamton University, playing Division I Men's tennis while majoring in Financial Economics.
Mr. Garcia is fluent in Spanish and English, with conversational proficiency in Portuguese, and he relishes building connections across diverse cultures.
He lives in Miami with his wife and son, Milan.
Beyond his professional life, he is enthusiastic about tennis, soccer, and padel, but treasures time with his son and family above all.
He joined Morgan Stanley in 2016, where he advises clients and assists them in reaching their financial objectives.
Before that, he was at Wells Fargo Advisors, building a solid foundation in the field.
Hailing from Peru, Mr. Garcia competed for his country in junior tennis tournaments prior to relocating to the United States for his studies.
He attended Binghamton University, playing Division I Men's tennis while majoring in Financial Economics.
Mr. Garcia is fluent in Spanish and English, with conversational proficiency in Portuguese, and he relishes building connections across diverse cultures.
He lives in Miami with his wife and son, Milan.
Beyond his professional life, he is enthusiastic about tennis, soccer, and padel, but treasures time with his son and family above all.
Securities Agent: CA, VA, MA, CT, DC, VI, PR, MT, NH, KY, SD, NC, MO, ME, MD, AZ, AR, SC, MI, IL, NY, TN, WA, PA, OK, OH, NJ, GA, DE, MN, LA, CO, WY, TX, NV, FL; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 2542998
NMLS#: 2542998
About Lisette Gongora
Ms. Lisette Gongora was born and raised in tropical Miami, Florida and is fluent in both English and Spanish. She is married, the proud mother of two adult children and a devoted grandmother. Family is central to her life, and she brings that same care and dedication to the relationships she builds with clients.
She brings over 20 years of experience in International Wealth Management, Ms. Gongora takes great pride in delivering excellence in working with Ultra High Net Worth individuals and families. She is known for her unwavering commitment to first-class client service and her ability to find thoughtful, strategic solutions tailored to each client’s needs.
Before joining Morgan Stanley, Ms. Gongora held key roles at HSBC Private Bank International and Wells Fargo Advisors. These experiences gave her a broad perspective on global Wealth Management and instilled in her the value of discretion and consistent service excellence.
At Morgan Stanley, she began her career as the Business Service Manager for the Private Wealth Management branch. Now, as the Chief of Staff for the Eagleone Team, Ms. Gongora plays an integral role in overseeing the administrative and service components of the team and is deeply involved in enhancing the client experience.
Ms. Gongora’s role is grounded in her belief that exceptional customer service goes beyond transactions, it’s about building trust, anticipating needs and providing confidence and clarity.
Outside of work Ms. Gongora enjoys spending time outdoors and cherishes quality time with her family. Her grounded nature and warmth are reflected in her lasting relationships she builds both professional and personally.
She brings over 20 years of experience in International Wealth Management, Ms. Gongora takes great pride in delivering excellence in working with Ultra High Net Worth individuals and families. She is known for her unwavering commitment to first-class client service and her ability to find thoughtful, strategic solutions tailored to each client’s needs.
Before joining Morgan Stanley, Ms. Gongora held key roles at HSBC Private Bank International and Wells Fargo Advisors. These experiences gave her a broad perspective on global Wealth Management and instilled in her the value of discretion and consistent service excellence.
At Morgan Stanley, she began her career as the Business Service Manager for the Private Wealth Management branch. Now, as the Chief of Staff for the Eagleone Team, Ms. Gongora plays an integral role in overseeing the administrative and service components of the team and is deeply involved in enhancing the client experience.
Ms. Gongora’s role is grounded in her belief that exceptional customer service goes beyond transactions, it’s about building trust, anticipating needs and providing confidence and clarity.
Outside of work Ms. Gongora enjoys spending time outdoors and cherishes quality time with her family. Her grounded nature and warmth are reflected in her lasting relationships she builds both professional and personally.

Contact Edouard Yves Crepy

Contact Daniele Conci

Contact Fulvio Urbinati

Contact Maria C. Lipton

Contact Luca Majic

Contact Juan Pablo Garcia
Awards and Recognition
Forbes Best-In-State Wealth Management Teams

Forbes Best-In-State Wealth Management Teams Source: Forbes (Awarded Jan 2025) Data compiled by SHOOK Research LLC based for the period 3/31/23-3/31/24.

Forbes America's Top Wealth Management Teams

Forbes America’s Top Wealth Management Teams Source: Forbes.com (Awarded Nov 2024) Data compiled by SHOOK Research LLC for the period 3/31/23-3/31/24.

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Portfolio Insights
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Private Wealth Management Podcast
Bringing you engaging stories and key insights surrounding the complexities associated with significant wealth, including:
- Intergenerational Planning
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- Non-Traditional Assets
- Managing Family Wealth
LISTEN | Passion Assets: Investing in Art
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Managing Significant Wealth
- Investment Management
- Wealth Transfer & Philanthropy
- Cash Management & Lending
- Family Governance & Wealth Education
- Lifestyle Advisory
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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.
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
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- Family Governance & Wealth Education
- Lifestyle Advisory
We look forward to discussing your needs and goals, and the exceptional resources we can place at your disposal.
1Morgan Stanley Smith Barney LLC and its affiliates and their employees (including Financial Advisors and Private Wealth Advisors) are not in the business of providing tax or legal advice. These materials and any statements contained herein should not be construed as tax or legal advice. Individuals should consult their personal tax advisor or attorney for matters involving taxation and tax planning and their attorney for matters involving personal trusts and estate planning.
2Asset Allocation does not assure a profit or protect against loss in declining financial markets.
3Morgan Stanley Smith Barney LLC (the “Firm”) and its affiliates do not currently offer the services provided by this Service Provider(s). The Service Provider(s) is not an affiliate of the Firm. Any review of the Service Provider(s) performed by the Firm was based on information from sources that we believe are reliable but we cannot guarantee its accuracy or completeness. This referral should in no way be considered to be a solicitation by the Firm for business on behalf of the Service Provider(s). The Firm makes no representations regarding the appropriate or otherwise of the products or services provided by the Service Provider(s). There may be additional service providers for comparative purposes. If you choose to contact the Service Provider(s), do thorough due diligence, and make your own independent decision.
4Borrowing against securities may not be appropriate for everyone. You should be aware that there are risks associated with a securities based loan, including possible maintenance calls on short notice, and that market conditions can magnify any potential for loss. For details please see the important disclosures below.
Securities based loans are provided by Morgan Stanley Smith Barney LLC, Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A, as applicable.
Important Risk Information for Securities Based Lending: You need to understand that: (1) Sufficient collateral must be maintained to support your loan(s) and to take future advances; (2) You may have to deposit additional cash or eligible securities on short notice; (3) Some or all of your securities may be sold without prior notice in order to maintain account equity at required maintenance levels. You will not be entitled to choose the securities that will be sold. These actions may interrupt your long-term investment strategy and may result in adverse tax consequences or in additional fees being assessed; (4) Morgan Stanley Bank, N.A., Morgan Stanley Private Bank, National Association or Morgan Stanley Smith Barney LLC (collectively referred to as “Morgan Stanley”) reserves the right not to fund any advance request due to insufficient collateral or for any other reason except for any portion of a securities based loan that is identified as a committed facility; (5) Morgan Stanley reserves the right to increase your collateral maintenance requirements at any time without notice; and (6) Morgan Stanley reserves the right to call securities based loans at any time and for any reason.
With the exception of a margin loan, the proceeds from securities based loan products may not be used to purchase, trade, or carry margin stock (or securities, with respect to Express CreditLine); repay margin debt that was used to purchase, trade or carry margin stock (or securities, with respect to Express CreditLine); and cannot be deposited into a Morgan Stanley Smith Barney LLC or other brokerage account.
To be eligible for a securities based loan, a client must have a brokerage account at Morgan Stanley Smith Barney LLC that contains eligible securities, which shall serve as collateral for the securities based loan.
CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
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.
CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
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
2Asset Allocation does not assure a profit or protect against loss in declining financial markets.
3Morgan Stanley Smith Barney LLC (the “Firm”) and its affiliates do not currently offer the services provided by this Service Provider(s). The Service Provider(s) is not an affiliate of the Firm. Any review of the Service Provider(s) performed by the Firm was based on information from sources that we believe are reliable but we cannot guarantee its accuracy or completeness. This referral should in no way be considered to be a solicitation by the Firm for business on behalf of the Service Provider(s). The Firm makes no representations regarding the appropriate or otherwise of the products or services provided by the Service Provider(s). There may be additional service providers for comparative purposes. If you choose to contact the Service Provider(s), do thorough due diligence, and make your own independent decision.
4Borrowing against securities may not be appropriate for everyone. You should be aware that there are risks associated with a securities based loan, including possible maintenance calls on short notice, and that market conditions can magnify any potential for loss. For details please see the important disclosures below.
Securities based loans are provided by Morgan Stanley Smith Barney LLC, Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A, as applicable.
Important Risk Information for Securities Based Lending: You need to understand that: (1) Sufficient collateral must be maintained to support your loan(s) and to take future advances; (2) You may have to deposit additional cash or eligible securities on short notice; (3) Some or all of your securities may be sold without prior notice in order to maintain account equity at required maintenance levels. You will not be entitled to choose the securities that will be sold. These actions may interrupt your long-term investment strategy and may result in adverse tax consequences or in additional fees being assessed; (4) Morgan Stanley Bank, N.A., Morgan Stanley Private Bank, National Association or Morgan Stanley Smith Barney LLC (collectively referred to as “Morgan Stanley”) reserves the right not to fund any advance request due to insufficient collateral or for any other reason except for any portion of a securities based loan that is identified as a committed facility; (5) Morgan Stanley reserves the right to increase your collateral maintenance requirements at any time without notice; and (6) Morgan Stanley reserves the right to call securities based loans at any time and for any reason.
With the exception of a margin loan, the proceeds from securities based loan products may not be used to purchase, trade, or carry margin stock (or securities, with respect to Express CreditLine); repay margin debt that was used to purchase, trade or carry margin stock (or securities, with respect to Express CreditLine); and cannot be deposited into a Morgan Stanley Smith Barney LLC or other brokerage account.
To be eligible for a securities based loan, a client must have a brokerage account at Morgan Stanley Smith Barney LLC that contains eligible securities, which shall serve as collateral for the securities based loan.
CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
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.
CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
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 4237142 (02/2025)