Isaac Simon
Senior Vice president, Wealth Management, Portfolio Manager Director, Financial Advisor
Phone:
(212) 903-7760(212) 903-7760
Gwen Parks
Financial Advisor,
Financial Planning Specialist
Direct:
(212) 903-7745(212) 903-7745
Toll-Free:
(800) 733-4793(800) 733-4793
My Mission Statement
Working with you to preserve and grow wealth for your long-term goals
My Story
As a Financial Advisor and Financial Planning Specialist at Morgan Stanley, my approach includes a disciplined planning process to understand my clients’ goals and values. I am committed to developing the appropriate strategies to achieve these goals and delivering tailored advice to my clients. As your Financial Advisor, my goal is to be there for you and your family and help you build and preserve the wealth you’ve worked so hard to achieve.
I currently hold my Series 7, 66 and Life, Accident and Health Insurance license.
I joined Morgan Stanley in September 2017 as a Digital Advisor and then Wealth Advisor Associate covering Western New York and then moved to New York City in May 2019 covering Park Avenue Plaza. I focus on financial planning and digital strategies. 2020 I joined my team: The Simon-Marra-Le Group at Morgan Stanley.
Prior to joining the firm, I worked for a global medical imaging company headquartered in Rochester, NY. I held several positions in Supply Chain Management (US&C Supply and Demand Planner), Financial Planning and Analysis (Corporate Analyst) and Global Internal Audit (Internal Auditor).
I grew up in upstate (Rochester) New York and graduated from Syracuse University with a B.S in Finance and Supply Chain Management.
A strong believer in giving back, outside of work I support a number of organizations including a volunteer and member of the Syracuse University Alumni Clubs. I served on the Rochester board for 4 years and served as the Treasurer for 2 years.
I also enjoy exploring New York City, traveling, cooking and spending time with family and friends.
I currently hold my Series 7, 66 and Life, Accident and Health Insurance license.
I joined Morgan Stanley in September 2017 as a Digital Advisor and then Wealth Advisor Associate covering Western New York and then moved to New York City in May 2019 covering Park Avenue Plaza. I focus on financial planning and digital strategies. 2020 I joined my team: The Simon-Marra-Le Group at Morgan Stanley.
Prior to joining the firm, I worked for a global medical imaging company headquartered in Rochester, NY. I held several positions in Supply Chain Management (US&C Supply and Demand Planner), Financial Planning and Analysis (Corporate Analyst) and Global Internal Audit (Internal Auditor).
I grew up in upstate (Rochester) New York and graduated from Syracuse University with a B.S in Finance and Supply Chain Management.
A strong believer in giving back, outside of work I support a number of organizations including a volunteer and member of the Syracuse University Alumni Clubs. I served on the Rochester board for 4 years and served as the Treasurer for 2 years.
I also enjoy exploring New York City, traveling, cooking and spending time with family and friends.
Services Include
- Financial PlanningFootnote1
- Retirement PlanningFootnote2
- 401(k) Rollovers
- Planning for Education FundingFootnote3
- 529 PlansFootnote4
- Wealth ManagementFootnote5
- Cash Management and Lending ProductsFootnote6
- Sustainable InvestingFootnote7
- Long Term Care InsuranceFootnote8
- Life InsuranceFootnote9
- AnnuitiesFootnote10
Securities Agent: GA, WI, AZ, VT, OR, CT, NY, FL, DE, PR, CO, OK, PA, NV, CA, AL, TX, NM, NJ, NC, IL, WA, VA, NH, MI, DC, SC, MA, OH, ME, MD, LA, KY; General Securities Representative; Investment Advisor Representative
NMLS#: 1918446
NMLS#: 1918446
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Working With You
As Financial Advisors with Morgan Stanley, our relationship with our clients is central to all we do. We take the time to get to know them, working closely to help identify and prioritize their financial needs and goals that matter most. Then based on our discussions, we help develop a personalized financial plan that serves as a road-map for the future.
Today, it’s natural to have questions about your retirement, even if you’ve saved and planned for it. We are committed to providing premier service and focus on helping clients successfully navigate the inevitable complexities that come with wealth.
My most important goal: to help you achieve your objectives, providing guidance and resources to build and preserve your wealth.
OUR CLIENTS:
Everything we do is focused on our valued clients. Our practice is built on the development of deep and enduring relationships and the delivery of comprehensive wealth management services. Our clients include:
• Individuals and Families
• Family Offices
• Corporate Executives
• Business Owners
• Non-Profits
Today, it’s natural to have questions about your retirement, even if you’ve saved and planned for it. We are committed to providing premier service and focus on helping clients successfully navigate the inevitable complexities that come with wealth.
My most important goal: to help you achieve your objectives, providing guidance and resources to build and preserve your wealth.
OUR CLIENTS:
Everything we do is focused on our valued clients. Our practice is built on the development of deep and enduring relationships and the delivery of comprehensive wealth management services. Our clients include:
• Individuals and Families
• Family Offices
• Corporate Executives
• Business Owners
• Non-Profits
Advice Matters
Visit The Simon-Marra-Parks Group at Morgan Stanley.
https://advisor.morganstanley.com/the-simon-marra-parks-group
https://advisor.morganstanley.com/the-simon-marra-parks-group
Awards & Recognitions
Forbes Best-In-State Wealth Management Teams
2024 Forbes Best-In-State Wealth Management Teams
Forbes Best-In-State Wealth Management Teams
Source: Forbes (Awarded Jan 2024) Data compiled by SHOOK Research LLC for the period 3/31/22-3/31/23
Source: Forbes (Awarded Jan 2024) Data compiled by SHOOK Research LLC for the period 3/31/22-3/31/23
2025 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 for the period 3/31/23-3/31/24
Source: Forbes (Awarded Jan 2025) Data compiled by SHOOK Research LLC for the period 3/31/23-3/31/24
Financial Planning / Retirement Planning
As Financial Advisors with Morgan Stanley, our relationship with our clients is central to all we do. We take the time to get to know them, working closely to help identify and prioritize their financial needs and goals that matter most. Then based on our discussions, we help develop a personalized financial plan that serves as a road-map for the future.
Today, it’s natural to have questions about your retirement, even if you’ve saved and planned for it. We are committed to providing premier service and focus on helping clients successfully navigate the inevitable complexities that come with wealth.
My most important goal: to help you achieve your objectives, providing guidance and resources to build and preserve your wealth.
Today, it’s natural to have questions about your retirement, even if you’ve saved and planned for it. We are committed to providing premier service and focus on helping clients successfully navigate the inevitable complexities that come with wealth.
My most important goal: to help you achieve your objectives, providing guidance and resources to build and preserve your wealth.
Financial Planning / Retirement Planning
Compiling a full financial picture — that takes both your life goals and your life stage into consideration — is the starting point to a meaningful retirement analysis.
The first step in creating a personalized financial strategy is to develop a thorough understanding of your financial goals and the resources available to fund them. This document will help define and prioritize these goals and identify your resources. In addition, please gather statements for any accounts not held at Morgan Stanley, which will be helpful when discussing resources to fund your financial goals.
Click --> WORKSHEET: Financial Planning / Retirement PlanningThe first step in creating a personalized financial strategy is to develop a thorough understanding of your financial goals and the resources available to fund them. This document will help define and prioritize these goals and identify your resources. In addition, please gather statements for any accounts not held at Morgan Stanley, which will be helpful when discussing resources to fund your financial goals.
Location
55 East 52nd Street 10th
Fl
New York, NY 10055
US
Direct:
(212) 903-7745(212) 903-7745
Toll-Free:
(800) 733-4793(800) 733-4793
Fax:
(212) 903-7701(212) 903-7701
Meet My Team
Michael Marra, CFP®, CRPS®
Financial Advisor, CERTIFIED FINANCIAL PLANNER™, Chartered Retirement Plans Specialist, Senior Portfolio Manager
Phone:
(212) 649-8610(212) 649-8610
Joshua Friedman, CFP®
Vice President, Director of Business Strategy, CERTIFIED FINANCIAL PLANNER™
Phone:
(212) 903-7767(212) 903-7767
Carmen Ortiz
Senior Client Service Associate
Phone:
(212) 903-7775(212) 903-7775
About Isaac Simon
Isaac began his career in 1996 at J.B Oxford, a brokerage financial services firm. He then left to go to UBS in 2001. Eventually he would join a four person advisory team here at Morgan Stanley in 2014. With more than 22 years of industry experience, Isaac applies his investment acumen to portfolio construction and comprehensive wealth planning. Isaac sees his experience as both an educator and coach valuable to his clients in helping them learn the importance of planning and investing in their future security. Isaac seeks to understand his client’s values, goals and circumstances and helps them maintain the financial independence they’ve worked their whole lives to achieve.
Isaac is heavily involved in charitable causes and won the 32nd annual Advisor With Heart award in 2012 while at UBS, where Registered Rep. selects men and women in the industry whose commitment to charitable causes goes above and beyond. Isaac drives a van every Tuesday night that provides meals and clothes for the homeless in New York City and has been doing this for 11 years.
Isaac grew up in upstate New York. He graduated in 1995 from the State College at Buffalo where he received a B.A in Business Administration. In his spare time he enjoys coaching his kids soccer team, going to boot camp and skiing. He currently resides in Manhattan with his wife Sondra and two children, Ryan and Ava.
Isaac is heavily involved in charitable causes and won the 32nd annual Advisor With Heart award in 2012 while at UBS, where Registered Rep. selects men and women in the industry whose commitment to charitable causes goes above and beyond. Isaac drives a van every Tuesday night that provides meals and clothes for the homeless in New York City and has been doing this for 11 years.
Isaac grew up in upstate New York. He graduated in 1995 from the State College at Buffalo where he received a B.A in Business Administration. In his spare time he enjoys coaching his kids soccer team, going to boot camp and skiing. He currently resides in Manhattan with his wife Sondra and two children, Ryan and Ava.
Securities Agent: CA, WI, MA, KY, HI, DC, VA, LA, WA, TN, SC, NV, NH, VT, OK, MD, IL, GA, AZ, NY, NM, PA, TX, OR, NJ, ME, DE, AL, PR, OH, NC, MI, FL, CT, CO; General Securities Representative; Investment Advisor Representative
About Michael Marra, CFP®, CRPS®
I began my financial service career 9 years ago as a client service associate with Ameriprise Financial. I moved to Morgan Stanley as a Wealth Advisory Associate in 2012, where I developed comprehensive financial plans and strategies for clients. I moved into the Financial Advisor role in 2014 where I work closely with my clients to help identify and prioritize their financial needs and goals that matter most. Comfort comes from having structure, a comprehensive plan and a relationship with a financial professional who cares. Let me provide guidance for all aspects of your financial life and know that someone knowledgeable and responsible is always looking out for your best interest and concerns.
Michael attended Providence College and graduated with a B.S in Finance. He currently holds his series 7, 66 and Life and Health Licenses. He also attained the Chartered Retired Plan Specialist title through the College of Financial Planning in 2013.
Michael currently resides in Manhattan and grew up in Syosset, New York. In his spare time he enjoys golfing, skiing and traveling.
Michael attended Providence College and graduated with a B.S in Finance. He currently holds his series 7, 66 and Life and Health Licenses. He also attained the Chartered Retired Plan Specialist title through the College of Financial Planning in 2013.
Michael currently resides in Manhattan and grew up in Syosset, New York. In his spare time he enjoys golfing, skiing and traveling.
Securities Agent: WI, NH, OK, TX, NM, WA, OR, HI, MD, KY, DE, CT, PR, NC, PA, MA, GA, DC, CO, VA, OH, MI, ME, CA, AZ, AL, VT, SC, NY, NJ, NV, IL, FL; General Securities Representative; Investment Advisor Representative
About Joshua Friedman, CFP®
Joshua began his career in 2010 in a variety of different roles supporting Morgan Stanley financial advisors. Some of these roles included order entry support and working on the financial planning desk. This was a great opportunity to gain valuable insights from thousands of financial advisors. In 2014 Josh joined the newly formed team as a client service associate where he is committed to offering world class service to all clients.
His responsibilities include client trading, portfolio reporting, investment research, and assisting with cash management and lending services.
Josh grew up in Marlboro, NJ and attended Rutgers University, graduating with a B.A in economics. He currently holds his Series 7, 66, Life and Health licenses, as well as the Certified Financial Planner designation.
Josh currently lives in Long Island City where he is an avid sports fan playing in different flag football and basketball leagues. He also enjoys cooking, volunteering, and playing golf.
His responsibilities include client trading, portfolio reporting, investment research, and assisting with cash management and lending services.
Josh grew up in Marlboro, NJ and attended Rutgers University, graduating with a B.A in economics. He currently holds his Series 7, 66, Life and Health licenses, as well as the Certified Financial Planner designation.
Josh currently lives in Long Island City where he is an avid sports fan playing in different flag football and basketball leagues. He also enjoys cooking, volunteering, and playing golf.
The Power of Partnerships
By partnering with experienced individuals across wealth disciplines, Morgan Stanley Financial Advisors can align specialized resources with your custom needs and deliver strategic guidance through the familiarity and trust of existing relationships
Tony Silva
Private Banker
About Tony Silva
Tony Silva is a Private Banker serving Morgan Stanley’s Wealth Management offices in New York City.
Tony began his career in financial services in 1995 and joined Morgan Stanley in 2015 as a Pipeline Manager in our Home Loans organization. In 2017, he was promoted to Project Manager on that team. Tony assumed his current position in February, 2018. Prior to his tenure at the firm, Tony held a number of roles at mortgage financing institutions.
Tony received a Bachelor of Science in Management from Rutgers University. He and his family reside in Livingston, New Jersey.
When not at the office, Tony enjoys traveling, playing soccer, and spending time with family and friends.
Tony began his career in financial services in 1995 and joined Morgan Stanley in 2015 as a Pipeline Manager in our Home Loans organization. In 2017, he was promoted to Project Manager on that team. Tony assumed his current position in February, 2018. Prior to his tenure at the firm, Tony held a number of roles at mortgage financing institutions.
Tony received a Bachelor of Science in Management from Rutgers University. He and his family reside in Livingston, New Jersey.
When not at the office, Tony enjoys traveling, playing soccer, and spending time with family and friends.
NMLS#: 217945
Wealth Management
From My Desk
6 Financially Smart Ways to Start 2025
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
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
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
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 Gwen Parks today.
1Morgan 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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When 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.
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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
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.
5Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
6Morgan 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
7The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
10Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When 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.
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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
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.
5Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
6Morgan 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
7The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
10Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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)
