Welcome

I believe success in achieving important financial goals starts with a comprehensive wealth strategy. I will help you define what is most important to you and then formulate the strategies that are best suited for your needs, whether you are accumulating wealth or investing for income, solidifying your retirement plan or devising a income distribution approach that meets your lifestyle and legacy goals.  Together, we will design a strategy that you will be able to adhere to through the many changes in the global markets and economic cycles.
Services Include
  • Wealth Management1
  • Financial Planning2
  • Retirement Planning3
  • Divorce Financial Analysis4
  • LGBT Planning Services
  • Professional Portfolio Management5
  • Sustainable Investing6
  • Estate Planning Strategies7
  • Life Insurance8
  • Long Term Care Insurance9
  • Trust Accounts10
  • Planning for Education Funding11
  • UGMA/UTMA12
  • 529 Plans13
  • Philanthropic Services
  • Endowments and Foundations14
  • Annuities15
  • Municipal Bonds16
  • Fixed Income17
  • Lending Products
Securities Agent: TX, VA, SC, PA, OR, OH, NY, NM, NJ, NC, MN, ME, MD, MA, IN, IL, GA, FL, DC, CT, CA, AZ; Managed Futures; General Securities Representative; Investment Advisor Representative
NMLS#: 1331972
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Karen Craddock is a financial advisor to successful families, individuals and small business owners who focuses on designing and implementing dynamic, goals-driven financial plans. Karen began her financial career at Smith Barney in 1998. In 2001, she partnered with her father Edmond Masri, a forty year industry veteran, to help him introduce and implement the concept of total wealth management to his clients. While Mr. Masri is no longer with us, Karen did inherit his loyalty to our clients and to continuity with the firm. She remained at Morgan Stanley after the merger with Smith Barney in 2008 and to this day enjoys being her clients’ financial problem solver. She is a three time recipient of the FIVE STAR Award as a Wealth Manager focusing on Financial Planning in New York City in 2017, 2016 and 2015.

Karen's personalized approach begins with a thorough review of the client’s situation and articulation of their life long goals. Using a collaborative method, she assesses the client’s investment objectives, and inquires to gain an understanding of the client’s past efforts to attain them. Her planning experience encompasses investment selection, risk management, liability management, business succession planning and multigenerational wealth planning. Karen is supported by Karen Sipp, her Registered Client Service Associate. Ms. Sipp has been with Morgan Stanley for over twenty years and even longer with other financial service companies, and in other capacities. Karen Craddock and Karen Sipp are committed to developing long term financial relationships with their clients based on trust and professionalism. They enjoy addressing the problems that arise on life’s whimsical path. They seek to educate and to enable their clients to realize their goals and to achieve long term financial independence.

Karen Craddock lives in Manhattan, NY with her husband and baby boy. As a former chef she is now an active member of the Culinary Institute of America Alumni Advisory Council. She is also an active paddler on the NYC Empire Dragon Boat team. Karen enjoys mentoring adolescents and young adults, especially promoting financial literacy as a member of the NYC chapter of the Financial Planning Association Pro Bono committee. To relax she enjoys yoga, travelling and spending quality time with family and friends.

    Clients

    My clients are successful, goal-oriented individuals, families, and small business owners, looking for targeted multigenerational, tax-efficient, financial planning solutions. They seek our guidance and education to define and hopefully realize their goals, to achieve and maintain long term financial independence. Our goal is to fit together the pieces of their financial puzzles, and to provide them with confidence in this noisy, complicated financial world.

      Experience

      • 1998 - Present: Morgan Stanley
        Vice President - Wealth Management
        Financial Planning Specialist
        Portfolio Manager
        Financial Advisor
        Blue Chip Council
        New York, NY
      • 1997 - 1998: Food From Fred
        Caterer/Chef-owner
        Great Neck, NY
      • 1994 - 1997: Gramercy Tavern
        Line Chef
        New York, NY

      Education

      •Series 7, 33, 63 & 65 Licensed
      •Life and Health Insurance Licenced
      •University of Southern New Hampshire, Manchester, NH. B.A. Economics/Finance, 2015; Graduated Magna Cum Laude
      •The Culinary Institute of America, Hyde Park, NY. A.O.S. Culinary Arts, 1995; Graduated with honors, recipient of the Marvin Shanken Wine Spectator Award for excellence in wine knowledge, and the Tourism & Hospitality Management Award for excellence in food service business planning.
      •Life member of the Golden Key National Honor Society

        Location

        101 Park Avenue
        24th Floor
        New York, NY 10178
        US
        Direct:
        (212) 503-2397(212) 503-2397
        Toll-Free:
        (800) 323-7788(800) 323-7788
        Fax:
        (212) 503-1166(212) 503-1166
        From My Desk

        Rational Investing in an Age of Uncertainty


        Investment and Market Perspectives

        On the Markets

        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
        The Simple Six-Step Retirement Checkup

        The Simple Six-Step Retirement Checkup

        Given market volatility in 2018, checking in on your retirement plan may be one of the wisest New Year’s resolutions you can make.

        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
        Investing in Artificial Intelligence and Automation

        Investing in Artificial Intelligence and Automation

        AI is an exciting growth area, but the investing opportunities are not always obvious. Here’s how to integrate this theme into your portfolio.

        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
        From Clueless to Clued In: Teaching Teens About Money

        From Clueless to Clued In: Teaching Teens About Money

        As your children grow into young adults, you can help them learn how to manage their own finances. Here’s how to go about it.

        Business Planning

        Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
        • Succession Planning
        • Business Planning
        • Retirement Plan Sponsors
        • Qualified Retirement Plans
        • Corporate Pension Funds
        Facing Financial Stress? Your Employer May Be Able to Help

        Facing Financial Stress? Your Employer May Be Able to Help

        Many of us face money worries. You may be able to get advice and education from an unexpected source.

        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
        Choosing an Environmental Charity

        Choosing an Environmental Charity

        There are a multitude of non-profits dedicated to helping protect the environment. Here’s how to choose where you want to give.

        More from Morgan Stanley

        OUTSMART VOLATILITY IN A MORGAN STANLEY MINUTE

        OUTSMART VOLATILITY IN A MORGAN STANLEY MINUTE

        “You may feel like a 1,000 point move in the Dow in a single day is unprecedented, but the reality is that it’s a 2 or 3% move down.” - Lisa Shalett, Chief Investment Officer, Wealth Management
        Learn more about OUTSMART VOLATILITY IN A MORGAN STANLEY MINUTE
        Morgan Stanley and Justin Rose: A Winning Team

        Morgan Stanley and Justin Rose: A Winning Team

        Morgan Stanley and our brand ambassador, PGA TOUR champion Justin Rose, share a set of core values and a common cause: giving books to children in need.
        Learn more about Morgan Stanley and Justin Rose: A Winning Team
        Sign Up for eDelivery

        Sign Up for eDelivery

        With eDelivery, you’ll have easy access to statements, trade confirmations, general correspondence and much more.
        Learn more about Sign Up for eDelivery
        Reserved | Living & Giving

        Reserved | Living & Giving

        Our complimentary program for eligible clients provides you and your family with access to exclusive offers and discounts from premium travel, automotive, health and wellness, and retail brands as well as curated insights from Morgan Stanley.
        Learn more about Reserved | Living & Giving
        Your Financial World. On the Go.

        Your Financial World. On the Go.

        With the Morgan Stanley Mobile App, you’ll have the freedom to manage your investments and instantly access a suite of personal cash management tools.
        Learn more about Your Financial World. On the Go.
        Access Morgan Stanley Online

        Access Morgan Stanley Online

        Morgan Stanley Online provides a comprehensive view of your assets and liabilities, projected income, breaking news, research and much more.
        Learn more about Access Morgan Stanley Online
        Ready to start a conversation? Contact Karen F Craddock today.
        Market Information Delayed 20 Minutes
        1Morgan 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.

        2Morgan 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.

        3Morgan 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.

        4Morgan 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.

        5Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be suitable for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.

        6The 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.

        7Morgan 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.

        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.

        10Morgan 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.

        11Morgan 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.

        12Morgan 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.

        13Investors 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.

        14Morgan 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.

        15Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

        16Income 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.

        17Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.

        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 suitable 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”) 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.


        CRC 2019752 10/2018