Lin May
Senior Vice President, Wealth Management, Financial Advisor, Senior Investment Management Consultant
Phone:
(907) 263-5710(907) 263-5710
Jason Longlet
Vice President,
Financial Advisor,
CERTIFIED FINANCIAL PLANNER®
Direct:
(907) 263-5716(907) 263-5716
Direct:
(907) 931-0563(907) 931-0563
Toll-Free:
(800) 233-2511(800) 233-2511
My Mission Statement
We strive to be remarkable for our clients, navigating life's choices through personalized financial planning and investments to help them achieve their dreams generation to generation.
My Story and Services
Our robust and talented team is dedicated to helping clients achieve and maintain financial independence so they can pursue what’s most important to them. We understand that people have unique values and circumstances, and we navigate each client’s goals and challenges differently to help lead them towards their goals. Whether seeking estate and retirement planning, portfolio management, or risk management, we offer extensive capability with caring service and financial clarity, backed by the resources of a top global investment firm.
Our consultative process begins with an in-depth discussion of your current finances and future objectives. We use these to guide each client toward a data-driven strategic plan in which we evaluate portfolios and help provide solutions. We also offer transitional counseling, working with generations of families to help ensure continuity of wealth, legacy planning, and access to resources both within and outside of Morgan Stanley to meet complex needs. We are particularly sensitive to helping higher net worth clients, and move beyond performance by maintaining regular meetings and portfolio reviews to keep us abreast of any changes or challenges, constantly tracking these against each client’s goals. We also can refer you to attorneys and CPAs within the Anchorage market, to provide even more comprehensive service and greater access to resources for our clients.
Our consultative process begins with an in-depth discussion of your current finances and future objectives. We use these to guide each client toward a data-driven strategic plan in which we evaluate portfolios and help provide solutions. We also offer transitional counseling, working with generations of families to help ensure continuity of wealth, legacy planning, and access to resources both within and outside of Morgan Stanley to meet complex needs. We are particularly sensitive to helping higher net worth clients, and move beyond performance by maintaining regular meetings and portfolio reviews to keep us abreast of any changes or challenges, constantly tracking these against each client’s goals. We also can refer you to attorneys and CPAs within the Anchorage market, to provide even more comprehensive service and greater access to resources for our clients.
Services Include
- Wealth ManagementFootnote1
- 401(k) Rollovers
- Cash ManagementFootnote2
- Corporate BondsFootnote3
- Estate Planning StrategiesFootnote4
- Financial PlanningFootnote5
- Fixed IncomeFootnote6
- Lending Products
- Municipal BondsFootnote7
- Retirement PlanningFootnote8
- Trust AccountsFootnote9
- 529 PlansFootnote10
- Asset Management
- Exchange Traded FundsFootnote11
Securities Agent: TX, AK, SC, ID, IA, FL, SD, MI, CT, CA, AZ, NV, GA, VA, NY, KS, WI, RI, HI, CO, PA, ME, MA, IL, UT, MS, MD, AL, TN, NM, NE, MN, LA, WA, OR, NC, MT, DC; General Securities Representative; Investment Advisor Representative
NMLS#: 1807565
NMLS#: 1807565
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Education
We invest in our clients by committing to continuously invest in ourselves so that we can better serve them. Our team members are currently in dedicated coaching programs, some for as long as 15 years. It keeps us in touch with our own goals to continually improve.
- University of Alaska Anchorage – BBA (with honors) – Finance, 2001
- CERTIFIED FINANCIAL PLANNER™
- Financial Planning Certificate from Kaplan University
- Morgan Stanley Advisor Certification
- Unified Managed Account Certification
- Series 7 - General Securities Representative
- Series 66 - Combined Investment Advisory Agent & Uniform State Exam
- Life & Health Insurance Licensed
Experience
Morgan Stanley
2004 – Present
CERTIFIED FINANCIAL PLANNER™
Vice President
Financial Advisor
2004 – Present
CERTIFIED FINANCIAL PLANNER™
Vice President
Financial Advisor
AWARDS & ACCOLADES
2025 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2025) Data compiled by SHOOK Research LLC based for the period 3/31/23–3/31/24.
Awards Disclosures: https://www.morganstanley.com/disclosures/awards-disclosure/
Location
2550 Denali Street
Suite 1700
Anchorage, AK 99503
US
Direct:
(907) 263-5716(907) 263-5716
Toll-Free:
(800) 233-2511(800) 233-2511
Fax:
(907) 802-2278(907) 802-2278
Meet My Team
Brian Cook
Associate Vice President, Financial Advisor
Phone:
(907) 263-5718(907) 263-5718
Alex Yang
Client Service Associate
Phone:
(907) 263-5701(907) 263-5701
Aimee Woodley
Client Service Associate
Phone:
(907) 263-5722(907) 263-5722
About Lin May
Lin has been a Financial Advisor at Morgan Stanley since 1977 and is a founding partner of the May Longlet Cook Group at Morgan Stanley.
Throughout her career in the financial industry, Lin has focused on the unique challenges faced by women entrepreneurs. She has received numerous industry awards and recognition, including being named to the 2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In-State* and 2025 Forbes Best-In-State Wealth Management Teams**.
A longtime resident of Alaska, Lin resides in Anchorage with her husband. As a graduate of the College of New Rochelle (BA), Lin is an Investment Management Consultant Associates Member and was an Anchorage Senior Center Endowment Trustee Head of Investment Committee from 2001 to 2008.
Lin shows her love of nature as a member of the Master Gardener Association Anchorage Chapter and Audubon Society Anchorage AK Chapter.
*2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In-State
Source: Forbes.com (Awarded Feb 2025) Data compiled by SHOOK Research LLC based on time period from 9/30/23 - 9/30/24.
**2025 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2025) Data compiled by SHOOK Research LLC based for the period from 3/31/23-3/31/24.
Award Disclosure
https://www.morganstanley.com/disclosures/awards-disclosure.html
Securities Agent: CO, DC, RI, GA, CA, SD, OK, LA, FL, AZ, TX, SC, AK, TN, NY, IN, AL, NV, IA, CT, MS, MD, IL, MA, NE, MT, MN, HI, WI, OR, NC, MI, WA, VA, NM, ID; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 2478577
Throughout her career in the financial industry, Lin has focused on the unique challenges faced by women entrepreneurs. She has received numerous industry awards and recognition, including being named to the 2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In-State* and 2025 Forbes Best-In-State Wealth Management Teams**.
A longtime resident of Alaska, Lin resides in Anchorage with her husband. As a graduate of the College of New Rochelle (BA), Lin is an Investment Management Consultant Associates Member and was an Anchorage Senior Center Endowment Trustee Head of Investment Committee from 2001 to 2008.
Lin shows her love of nature as a member of the Master Gardener Association Anchorage Chapter and Audubon Society Anchorage AK Chapter.
*2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In-State
Source: Forbes.com (Awarded Feb 2025) Data compiled by SHOOK Research LLC based on time period from 9/30/23 - 9/30/24.
**2025 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2025) Data compiled by SHOOK Research LLC based for the period from 3/31/23-3/31/24.
Award Disclosure
https://www.morganstanley.com/disclosures/awards-disclosure.html
Securities Agent: CO, DC, RI, GA, CA, SD, OK, LA, FL, AZ, TX, SC, AK, TN, NY, IN, AL, NV, IA, CT, MS, MD, IL, MA, NE, MT, MN, HI, WI, OR, NC, MI, WA, VA, NM, ID; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 2478577
Securities Agent: OK, AL, NV, IA, CT, MS, MD, IL, UT, RI, GA, CA, LA, FL, AZ, TX, SC, AK, MA, PA, NE, MT, MN, HI, WI, OR, NC, MI, KS, CO, WA, VA, NM, ID, DC, TN, NY, IN, SD; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
About Brian Cook
Brian is a distinguished financial advisor with the May Longlet Cook group at Morgan Stanley in Anchorage, Alaska. Focusing on corporate cash management, retirement planning, and introducing new investment ideas to his clients, he is dedicated to crafting bespoke financial strategies that seek to help empower both businesses and families to achieve enduring financial goals. Since joining Morgan Stanley in 2018, Brian has committed himself to delivering insightful guidance across a spectrum of financial topics, helping to ensure that clients receive the experienced support they require to navigate their unique financial journeys.
Serving clients throughout Alaska and across the United States, Brian enjoys the opportunity to travel for work, engaging with diverse clients and their needs. His extensive experience in the sales and marketing industry, where he adeptly managed a team of sales representatives, has provided him with a profound understanding of client relations and strategic planning.
Brian earned his Bachelor of Business Administration in Marketing and Management from the University of Alaska Anchorage. He is relentless in his pursuit of knowledge, continually enhancing his experience within the financial sector. Beyond his professional endeavors, he is deeply committed to serving his community, volunteering with Urban Hearts, a local homeless outreach organization, where he holds the position of Treasurer on the Board of Directors.
A proud resident of Alaska since 1999, Brian makes his home in Wasilla with his wife, Kali, and their daughter, Lucy. The family cherishes their time together, exploring the breathtaking landscapes of Alaska on scenic road trips. Brian takes great pleasure in engaging in landscape projects around their home, reveling in the satisfaction of hands-on work. Additionally, he enjoys outdoor activities, including running, kayaking, snowboarding, and ATVing, reflecting his dedication to an adventurous lifestyle amidst the stunning backdrop of the Last Frontier.
Securities Agent: GA, MS, WI, UT, NC, MA, IL, WA, KS, FL, DC, CT, AK, VA, NV, SD, ID, AZ, NE, MD, LA, AL, TN, MN, CO, RI, NM, MO, HI, TX, SC, OK, IA, OR, MI, CA, NY, MT; General Securities Representative; Investment Advisor Representative
NMLS#: 1805360
Serving clients throughout Alaska and across the United States, Brian enjoys the opportunity to travel for work, engaging with diverse clients and their needs. His extensive experience in the sales and marketing industry, where he adeptly managed a team of sales representatives, has provided him with a profound understanding of client relations and strategic planning.
Brian earned his Bachelor of Business Administration in Marketing and Management from the University of Alaska Anchorage. He is relentless in his pursuit of knowledge, continually enhancing his experience within the financial sector. Beyond his professional endeavors, he is deeply committed to serving his community, volunteering with Urban Hearts, a local homeless outreach organization, where he holds the position of Treasurer on the Board of Directors.
A proud resident of Alaska since 1999, Brian makes his home in Wasilla with his wife, Kali, and their daughter, Lucy. The family cherishes their time together, exploring the breathtaking landscapes of Alaska on scenic road trips. Brian takes great pleasure in engaging in landscape projects around their home, reveling in the satisfaction of hands-on work. Additionally, he enjoys outdoor activities, including running, kayaking, snowboarding, and ATVing, reflecting his dedication to an adventurous lifestyle amidst the stunning backdrop of the Last Frontier.
Securities Agent: GA, MS, WI, UT, NC, MA, IL, WA, KS, FL, DC, CT, AK, VA, NV, SD, ID, AZ, NE, MD, LA, AL, TN, MN, CO, RI, NM, MO, HI, TX, SC, OK, IA, OR, MI, CA, NY, MT; General Securities Representative; Investment Advisor Representative
NMLS#: 1805360
Securities Agent: ID, MS, VA, NV, RI, NM, HI, TX, SC, OK, IA, OR, MI, CA, SD, GA, AZ, NE, MD, LA, AL, TN, MN, CO, WI, UT, NC, MA, IL, WA, NH, KS, FL, DC, CT, AK, PA, NY, MT; General Securities Representative; Investment Advisor Representative
About Alex Yang
Morgan Stanley 2012 - Present
Graduated Bartlett HS 2010
Graduated UAA 2015 Economics Major
Graduated Bartlett HS 2010
Graduated UAA 2015 Economics Major
About Aimee Woodley
Morgan Stanley 2020- Present
Graduated Chugiak HS 2002
Graduated UAA 2008 Computer Information and Office Systems
Graduated UAA 2020 Marketing Major
Graduated Chugiak HS 2002
Graduated UAA 2008 Computer Information and Office Systems
Graduated UAA 2020 Marketing Major
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
Ian McCormick
Private Banker
About Ian McCormick
Ian McCormick is a Private Banker serving Morgan Stanley Wealth Management offices in Oregon.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Ian began his career in financial services in 2011, and joined Morgan Stanley in 2015 as a Private Banker. Prior to joining the firm, he was a Director of Business Development at Fort West. He also served as a Production Manager-Loan Officer at Churchill Mortgage.
Ian is a graduate of Oregon State University, where he received a Bachelor of Science in Finance. He lives in Portland, Oregon with his family. Outside of the office, Ian enjoys hunting, fishing, skiing and rafting.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Ian began his career in financial services in 2011, and joined Morgan Stanley in 2015 as a Private Banker. Prior to joining the firm, he was a Director of Business Development at Fort West. He also served as a Production Manager-Loan Officer at Churchill Mortgage.
Ian is a graduate of Oregon State University, where he received a Bachelor of Science in Finance. He lives in Portland, Oregon with his family. Outside of the office, Ian enjoys hunting, fishing, skiing and rafting.
NMLS#: 845310
Wealth Management
Global Investment Office
Portfolio Insights
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
Article Image
Ready to start a conversation? Contact Jason Longlet today.
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
2Morgan 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
3Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
5Morgan Stanley 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.
6Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
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.
9Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
10Investors 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.
11An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
2Morgan 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
3Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
5Morgan Stanley 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.
6Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
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.
9Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
10Investors 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.
11An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
