Lorraine Laczko, CFP®, CRPS®, CIMA®

Our relationship begins by understanding your personal and financial circumstances. We will have an in-depth discussion of your family's needs, values, lifestyle and aspirations for the future.

Working with Morgan Stanley and its advanced wealth management technology is an ideal way to access advice and build a coherent wealth plan. Working together we can uncover your needs, manage risk, and build a customized plan to help you reach your financial goals.

At this step, we will review of your balance sheet, current statements, estate plans and other essential documents. To best analyze your current wealth plan, it is crucial that any incomplete information is addressed.

There's a chance your portfolio may be at risk, but how you manage that risk is what matters. Portfolio Risk Platform – Powered by Aladdin is a risk management platform that provides comprehensive risk estimation and reporting across a broad range of asset classes and security types.

Here, we meet with you to present your Wealth Management Plan in detail. Your Plan includes investment recommendations as well as other valuable strategies. We will discuss the reasoning to our recommendations, any fees, and advisory fiduciary responsibility.

Track spending habits, categorize expenses and create budgets across your Morgan Stanley and external financial accounts with our Spending and Budgeting Tool. We make it easy for you and your financial advisor to oversee trends in your financial life.

As your assets transfer to Morgan Stanley, we begin the disciplined process of executing your plan. We often collaborate with specialized professionals in key areas, as well as your CPA and estate attorney to help ensure a cohesive implementation and transparency.

Total Tax 365 is our full spectrum of year-round, active tax management solutions, tailored to help you minimize tax drag in your portfolio. We offer a comprehensive range of tax-efficient products and solutions to help you manage your tax liability and grow your long-term wealth.

Committed to premium service, we focus on developing a relationship that provides special value to you and your family. We set up regular calls and meetings to provide updates and keep your plan on track towards achieving your goals. Morgan Stanley's online financial tools makes monitoring your progress quick and easy.

Intelligent Withdrawal gives us the ability to look across multiple accounts and products to identify the right combination of securities and tax lots to sell so you can help meet spending needs while making the most out of your hard-earned money.

Certified Financial Planner a formal license that recognizes expertise in the areas of financial planning, taxes, insurance, estate planning, and retirement. CFP professionals are held to a strict fiduciary and ethical standard. Financial Planning is a dynamic process, as such, your goals, lifestyle, and circumstances are ever-changing and you should feel confident that as a CFP I am committed to providing the highest level of financial planning.

Certified Investment Management Analyst is a designation offered through the Wharton School of Business that is designed to distinguish financial professionals as advanced investment consultants. CIMA certification allows financial professionals to work with high net worth individuals and corporations showing an expertise in finance, business strategy, operations and management. After completing certification, advisors are educated in examining risk and making financial decisions on the scale of entire corporations or funds.

Charted Retirement Planning Specialist is a designation offered to financial professionals who wish to implement and manage retirement plans for businesses. The CRPS focuses on wholesale and business clients. This designation enables individuals to utilize a wide range of retirement plans such as SEP, SIMPLE, 401(k) and more to match their desired retirement outcomes.

The Lending Specialist Designation provides qualified Financial Advisors and Private Wealth Advisors ("Advisors") with additional training and benefits to help enhance their knowledge, market their practice, and support their effectiveness in delivering the full breadth of Morgan Stanley lending offerings to clients.

Morgan Stanley Online (MSO) has a variety of features beyond viewing your account balance and activity that you should take advantage of. Features include paperless documents, bill pay and secure account management.

The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance and fixed income.

With this service, you can view all your investments together – whether they are held at Morgan Stanley or elsewhere. When you add your external 401(k), as well as your checking, savings and brokerage accounts to this portal, all your assets will be in one place, providing a current and comprehensive view of your wealth.

Every month, Morgan Stanley's top research analysts publish their "On the Markets" report, providing detailed market commentary on such topics as global equities, fixed income and monetary policy.

The Digital Vault on Morgan Stanley Online allows you to build a centralized document library where all documents are stored using encryption.

eAuthorizations allow you to electronically authorize domestic and international, one-time/recurring transactions through Morgan Stanley Online and the Morgan Stanley Mobile App. eAuthorization is convenient, secure, and easy to use.

Armed with a college degree and a blank state, your future awaits. Exciting new adventures and challenges are on the horizon. To help ensure you're prepared for what's ahead, it's important to understand how your financial decisions today can impact your opportunities tomorrow.

Beginning your career can be both exciting and nerve-wracking. A crucial first step is determining which career path is right for you. Beyond that, you'll want to be up to speed on various topics like professionalism, productivity and payroll.

Saving is more than simply putting money aside: It's a practice, a philosophy, and a tool for accumulating wealth, reaching your goals, and most importantly, achieving financial freedom. Saving is not just about retirement, it's about creating a plan to help finance your goals and dreams and the earlier you start, the better.

Creating an investment strategy that incorporates your lifestyle goals and tolerance for risk is essential. Setting clear goals for the short-term, long-term, and everything in between will help you decide what trade-offs you are willing to make to prepare for the important milestones ahead.

Building a business from scratch can be a lot harder and riskier than some may think, but if you are able to align your profession with your passions, it can be well worth it. The key to making your entrepreneurial dream a reality is having a clear understanding of the value your business will create, a solid plan for delivering that value, and the perseverance to see it through.

Understanding expectations, setting common goals and mapping out life as a couple are key tenants of any health relationship, especially when two financial lives become one. As a unit it's important to share everything, from money values to credit histories.