Jonathan Bassham
First Vice President,
Financial Advisor,
Alternative Investments Director
Direct:
(214) 661-7066(214) 661-7066
My Mission Statement
We simplify the complex – so you can focus on what matters most.
As your financial advisors, we can advise on everything with a dollar sign. From investments to estate planning strategies, our mission is to free your time so you can lead your business, be present with your family and leave a legacy that endures for generations.
As your financial advisors, we can advise on everything with a dollar sign. From investments to estate planning strategies, our mission is to free your time so you can lead your business, be present with your family and leave a legacy that endures for generations.
My Story and Services
Jonathan Bassham is a Financial Advisor at Morgan Stanley Wealth Management. Working primarily with business owners and executives, Jonathan helps clients navigate the complexities of managing significant wealth. Beginning in investment strategy, Jonathan and his team touch every aspect of his clients’ financial lives, including lending, business advisory, generational wealth transfer, cash management, philanthropy and family governance.
Prior to joining Morgan Stanley, Jonathan was a Vice President at the J.P. Morgan Private Bank in Dallas, Texas. While at J.P. Morgan, he advised high net worth families in Texas and Louisiana. Jonathan started his career in wealth management at AXA Advisors in Austin, Texas, where he was an investment advisor and specialized in advising small business owners. Jonathan graduated from Baylor University with a B.B.A in Finance. He holds Series 7 and 66 securities licenses.
Jonathan serves on the board of Dallas CASA, a non-profit organization that advocates for the best interest of abused and neglected children in protective care and works to find them safe, permanent homes. Prior to joining the Dallas CASA board, he revamped the Dallas CASA Young Professionals Organization and served as its President. He previously served on the Host Committee for Great Investors' Best Ideas, a non-profit organization that supports the Vickery Meadow Youth Foundation and the Michael J. Fox Foundation.
Jonathan married his high school sweetheart, Christine. They live in East Dallas with their four children and a very spoiled King Charles Cavalier. Jonathan and Christine’s family motto is “take the trip,” and they have turned their children into avid travelers. Whether it’s an RV trip across America or a summer spent in their favorite spot of Stonington Borough, CT, they believe there is no better way to spend quality family time than to travel together. When home though, most of Jonathan’s free time is spent outdoors with his family—in the pool, on the soccer field, cycling around White Rock Lake, or driving around East Dallas in the family golf cart.
Prior to joining Morgan Stanley, Jonathan was a Vice President at the J.P. Morgan Private Bank in Dallas, Texas. While at J.P. Morgan, he advised high net worth families in Texas and Louisiana. Jonathan started his career in wealth management at AXA Advisors in Austin, Texas, where he was an investment advisor and specialized in advising small business owners. Jonathan graduated from Baylor University with a B.B.A in Finance. He holds Series 7 and 66 securities licenses.
Jonathan serves on the board of Dallas CASA, a non-profit organization that advocates for the best interest of abused and neglected children in protective care and works to find them safe, permanent homes. Prior to joining the Dallas CASA board, he revamped the Dallas CASA Young Professionals Organization and served as its President. He previously served on the Host Committee for Great Investors' Best Ideas, a non-profit organization that supports the Vickery Meadow Youth Foundation and the Michael J. Fox Foundation.
Jonathan married his high school sweetheart, Christine. They live in East Dallas with their four children and a very spoiled King Charles Cavalier. Jonathan and Christine’s family motto is “take the trip,” and they have turned their children into avid travelers. Whether it’s an RV trip across America or a summer spent in their favorite spot of Stonington Borough, CT, they believe there is no better way to spend quality family time than to travel together. When home though, most of Jonathan’s free time is spent outdoors with his family—in the pool, on the soccer field, cycling around White Rock Lake, or driving around East Dallas in the family golf cart.
Services Include
- Financial PlanningFootnote1
- Wealth ManagementFootnote2
- Estate Planning StrategiesFootnote3
- Alternative InvestmentsFootnote4
- Cash Management and Lending ProductsFootnote5
- Retirement PlanningFootnote6
- Business Succession PlanningFootnote7
- Planning for Education FundingFootnote8
- Philanthropic ManagementFootnote9
- Donor Advised Funds
- Life InsuranceFootnote10
Securities Agent: SD, WY, NE, MA, ID, AL, NM, NJ, DE, CO, VA, TX, OH, NY, NC, MI, KS, AZ, WA, PR, LA, GA, CA, UT, MO, CT, OK, MT, IL, FL, DC, MD; General Securities Representative; Investment Advisor Representative
NMLS#: 821951
NMLS#: 821951
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Family Office Resources
For clients with combined net worth over $25 million, Morgan Stanley provides many of the same services found in Single Family Offices created by Ultra High Net Worth families.
Financial Planning and Investments
We build and manage an investment strategy designed around your goals, cash needs, and risk comfort, then monitor it and provide clear reporting. This includes thoughtful diversification, tax-aware investing, and careful selection of investment managers and solutions.
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Tax Strategies
We coordinate year-round planning to help reduce taxes and avoid surprises. This includes working in tandem with your CPA on estimated payments, trust and estate tax considerations, and advanced planning strategies when appropriate.
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Wealth & Estate Planning
We help you protect what you have and establish a legacy by coordinating with your estate attorney and overseeing trust planning and administration. This includes asset protection, family partnership structures, and succession planning for business owners.
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Private Investments
Our team helps you access and evaluate private investment opportunities in private equity, venture capital, real estate, and private credit. Our support includes thorough due diligence, co-investment possibilities, and oversight of alternative holdings.
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Exit Planning
We’re here to help business owners prepare for major transitional events, from early planning through transaction coordination. This includes capital structure, tax-aware exit modeling, and coordination with Morgan Stanley M&A professionals.
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Bookkeeping and Administration
We simplify the day-to-day finances by paying bills, organizing reporting, tracking cash flow and net worth, and maintaining accounting records. This also includes secure document storage, consolidated performance reporting, and cybersecurity protections.
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Lifestyle Advisory
Lifestyle Advisory is our ultimate selection of lifestyle specialists. They are here to help make important life decisions simpler. From aircraft advisory, luxury travel, higher education consulting, and private health advisory, our group of specialists provides custom guidance to complement your lifestyle.
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Cash Management and Lending
Morgan Stanley offers a variety of financial products including cash management, debit cards, Morgan Stanley American Express cards, home loans, securities-based loans and tailored lending solutions. These comprehensive offerings aim to support your cash flow, liquidity and financing objectives.
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Family Governance and Philanthropy
Morgan Stanley can help create family mission statements, lead family meetings and facilitate succession plans. In addition, our experts can help identify shared charitable objectives, review trends and current issues, and facilitate your giving journey.
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Insurance and Risk Management
We review your insurance and liability coverage to
help protect your family, assets, and lifestyle from
unexpected events. This includes property and casualty, umbrella coverage, and life insurance planning and analysis.
Click here for more informationhelp protect your family, assets, and lifestyle from
unexpected events. This includes property and casualty, umbrella coverage, and life insurance planning and analysis.
For Business Owners
At The Meridian Point Group at Morgan Stanley, we help business owners navigate the full arc of liquidity – from early planning and value creation, to transaction execution support, to the long-term stewardship of wealth after the sale. Our role is to simplify complexity, coordinate the right specialists, and build an integrated strategy that aligns your business decisions with you family’s long-term priorities.
We have worked with founders in manufacturing, healthcare, technology, aerospace and defense, food and beverage, business services, landscaping, consumer residential services, restaurants, bio-pharma, and transportation.
You should always seek advice from experts in your particular industry, but below are some frequently asked questions by founders.
We have worked with founders in manufacturing, healthcare, technology, aerospace and defense, food and beverage, business services, landscaping, consumer residential services, restaurants, bio-pharma, and transportation.
You should always seek advice from experts in your particular industry, but below are some frequently asked questions by founders.
What should I do 12–24 months before selling?
The timeline for selling you business starts long before you entertain the first offer. Matthew Smith, the team's Certified Exit Planning Advisor can help prepare you for the transition. Early actions include getting your books and records in order, choosing an investment banker, or preparing the non-disclosure document buyers will sign. Click the link below for a checklist of common issues to consider before your sale.
Selling Your Business ChecklistDo I need to hire an investment banker?
You don’t have to hire an investment banker to sell your business, but many owners do when they want a structured process that protects confidentiality, reaches more qualified buyers, and creates competitive tension to improve price and terms. It’s most useful when you don’t have the time or experience to run diligence, negotiations, and timelines while still operating the company. Even if you already have an interested buyer, an advisor can still help you validate valuation, manage the process, and negotiate key terms so you don’t give away value in the fine print. Practically, the decision comes down to whether the expected value lift and risk reduction outweigh the fee and time commitment for your specific deal.
Why Hire an Investment BankerWill my business qualify for QSBS treatment?
QSBS treatment generally requires that your company be an active domestic C corporation and that, at the time the stock is issued (or immediately after), the company’s aggregate gross assets are below the applicable threshold and at least 80% of its assets are used in the active conduct of a qualified trade or business. Certain service businesses and industries are specifically excluded (including many professional services, financial services, banking/insurance, farming, and operating a hotel/restaurant), and additional limits can apply if too much value is held in non-qualifying investments or real estate. Because the rules are complex and fact-specific, you should work with your tax and legal advisors to confirm whether your business meets the QSBS requirements.
Click here for more information on QSBS treatmentShould I consider an ESOP as an exit option?
An Employee Stock Ownership Plan (ESOP) can be a compelling exit path for founders who want liquidity while preserving the company’s independence and rewarding employees with an ownership stake. Depending on your goals, an ESOP may offer flexibility—such as selling a portion of the business over time—along with potential tax advantages, but it also comes with meaningful complexity, ongoing governance requirements, and valuation/financing considerations. The right answer depends on your timeline, desired level of control, and the company’s cash flow and readiness—so it’s worth evaluating an ESOP alongside other exit options with experienced legal, tax, and financial advisors.
Click here for more information on ESOPsWhat are SLATs, and how to they work?
A Spousal Lifetime Access Trust (SLAT) is an irrevocable trust created by one spouse (the “donor”) for the benefit of the other spouse (the “beneficiary spouse”), allowing the beneficiary spouse to receive distributions of income and/or principal under the trust’s terms. By making a completed gift to the SLAT, the donor can remove the transferred assets—and their future appreciation—from the donor’s taxable estate, while still retaining indirect access to the assets during the marriage through distributions to the beneficiary spouse. After the beneficiary spouse’s death, the trust can continue for children or other beneficiaries, and if structured properly (including GST planning), the assets may remain outside both spouses’ taxable estates for multiple generations.
Click here for more information on SLATsCan I transfer my business to my children in a tax-efficient manner?
It’s generally best to start succession planning before the business experiences significant appreciation, because that can help manage potential transfer taxes. Many owners begin transferring interests before retirement using gifting and wealth-transfer strategies such as GRATs, intentionally defective grantor trusts, and outright gifts under the federal lifetime gift/estate tax exemption. If you also need retirement liquidity, you may consider an ESOP (to provide liquidity on a tax-advantaged basis) or an installment sale to the next generation, which can allow the business’s cash flow to fund payments to you as the retiring owner.
Family SuccessionWhen should I start developing my exit or succession strategy, and what steps should I take first?
Start developing your exit or succession strategy now. It is never too early to consider all your options. A good first step is to assemble the right advisory team (e.g., estate and corporate attorneys, investment banker, accountant, valuation expert, and your Financial Advisor) to help you make coordinated business and personal-finance decisions. From there, focus on pre-planning fundamentals like getting a market/valuation view, improving your company’s “curb appeal,” updating your financial and estate plans, and evaluating exit paths (family transfer, ESOP, management buyout, recapitalization, or third-party sale).
Exiting Your BusinessCan I use an opportunity zone to defer capital gains taxes?
Opportunity Zones may let you defer federal capital gains tax from selling your business by investing the eligible capital gain amount (not necessarily all sale proceeds) into a Qualified Opportunity Fund (QOF) within the applicable 180‑day window; the deferred gain is generally recognized no later than December 31, 2026 (or earlier if you trigger an inclusion event), but if you hold the QOF investment for at least 10 years, you may be able to elect a basis step-up to fair market value at exit, which can effectively make the post-investment appreciation in the QOF federally tax-free—so it can be a meaningful tax strategy if you’re comfortable with the fund’s risks, complexity, and long holding period and you plan ahead for the 2026 tax payment.
Click here for more information on Opportunity ZonesDo 1031 exchanges help defer taxes?
A Section 1031 like-kind exchange can be a major tax-deferral strategy only if you are selling real property held for investment or used in a trade/business (e.g., investment real estate owned by the company or personally). It generally does not apply to selling an operating company itself. If it applies to you then the benefit is deferral (not elimination) of capital gains tax by exchanging into other qualifying like-kind real property. To qualify, the seller must follow strict timing rules and the exchange is commonly structured using a qualified intermediary so the seller doesn’t take receipt/control of the sale proceeds.
Click here for more information on 1031 ExchangesWhat are ‘add-backs’ and how do they affect EBITDA?
"Add-backs” are expenses shown on the P&L that a seller argues should be added back to reported EBITDA to arrive at Adjusted EBITDA, because those costs are not expected to continue under new ownership (e.g., owner personal expenses, above-market owner compensation, or one-time professional fees). They matter because many deals are priced as a multiple of Adjusted EBITDA, so each dollar of credible add-backs can increase the valuation by that multiple. Buyers scrutinize add-backs in due diligence (often via a quality of earnings review) to confirm they’re truly non-recurring, non-operational, or owner-specific and supported by documentation. If an add-back is rejected, Adjusted EBITDA drops, and the buyer may reduce price or renegotiate terms accordingly. In plain English: add-backs are how sellers explain “what earnings would look like without unusual or owner-specific costs,” and they directly influence the earnings number the buyer uses to value the business.
What documents do I need in a data room to sell my business?
To sell your business, a “data room” is the secure folder where you upload the documents a buyer will review during due diligence—typically financial, legal/corporate, tax, commercial, operations, HR, and IT materials. At a minimum, expect to provide historical financial statements (often 2–3+ years), tax returns, current YTD results, forecasts/budgets, and key KPIs, since buyers use these to validate EBITDA/normalized earnings and cash flow. You’ll also typically need corporate formation/ownership records (cap table, bylaws/operating agreement, board/member consents), material customer and supplier contracts, leases, loan/credit agreements, and any litigation or compliance items. Most buyers will also ask for employee/contractor lists, benefit plans, insurance policies, and any IP/technology documentation relevant to how the business operates and protects its assets. The exact list varies by industry and deal size, but building a well-organized data room early generally speeds diligence and reduces last-minute renegotiations driven by missing or inconsistent documentation
Location
2121 North Pearl St
Ste 500
Dallas, TX 75201
US
Direct:
(214) 661-7066(214) 661-7066
Wealth Management
Global Investment Office
Portfolio Insights
Ready to start a conversation? Contact Jonathan Bassham 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.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
3Morgan 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.
4Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
5Morgan 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
6When 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.
7Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.
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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
9Products 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.
Morgan 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, charitable giving, philanthropic planning and other legal matters.
10Insurance products 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 Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
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 | Morgan Stanley
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
3Morgan 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.
4Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
5Morgan 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
6When 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.
7Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.
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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
9Products 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.
Morgan 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, charitable giving, philanthropic planning and other legal matters.
10Insurance products 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 Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
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 | Morgan Stanley
CRC 4665150 (8/2025)
