Mark Richanbach
Senior Vice President, Wealth Management,
Financial Advisor,
Portfolio Management Director
Direct:
(702) 792-2045(702) 792-2045
Toll-Free:
(800) 345-5501(800) 345-5501
My Mission Statement
Experience, intellectual capital, and dedicated personal service to help you meet your goals related to financial, retirement, and estate planning and wealth transfer strategies.
My Story and Services
These words are not just industry terms for the financial professional. These words are meant as tools for many investors to analyze, define, and understand their goals, their appetite for risk (none to some), and to analyze if their portfolio construction is meeting those goals.
My experience dates to 1979, when I worked at the venerable firm of Sutro and Co. in downtown San Francisco as a lowly assistant in the smoke-filled cashiers "cage," microfilming and running securities between their Sansome Street office and the vault at what was once the Pacific Stock Exchange (now an Equinox Fitness Center) just a few blocks away.
Long story short, in 1991, I moved to my ancestral roots in Oregon, where my great-grandfather immigrated (or escaped, depending on who is telling the story) from Russia back in 1875. From Oregon, I have settled in Las Vegas, NV, enjoying the year-round sunshine and all the activities (except gambling) that this community offers.
At Morgan Stanley, I deliver the knowledge, attention to detail, and service you expect from a seasoned professional within the robust and prestigious environment of Morgan Stanley.
Well, before COVID-19, I used the efficiency of computer and electronic communication to develop and maintain strong, efficient, and effective client relationships across the country, regardless of my clients' physical location or primary residence.
For an appointment, please call or email today.
My experience dates to 1979, when I worked at the venerable firm of Sutro and Co. in downtown San Francisco as a lowly assistant in the smoke-filled cashiers "cage," microfilming and running securities between their Sansome Street office and the vault at what was once the Pacific Stock Exchange (now an Equinox Fitness Center) just a few blocks away.
Long story short, in 1991, I moved to my ancestral roots in Oregon, where my great-grandfather immigrated (or escaped, depending on who is telling the story) from Russia back in 1875. From Oregon, I have settled in Las Vegas, NV, enjoying the year-round sunshine and all the activities (except gambling) that this community offers.
At Morgan Stanley, I deliver the knowledge, attention to detail, and service you expect from a seasoned professional within the robust and prestigious environment of Morgan Stanley.
Well, before COVID-19, I used the efficiency of computer and electronic communication to develop and maintain strong, efficient, and effective client relationships across the country, regardless of my clients' physical location or primary residence.
For an appointment, please call or email today.
Services Include
- Professional Portfolio ManagementFootnote1
- 401(k) Rollovers
- Retirement PlanningFootnote2
- Qualified Retirement PlansFootnote3
- Estate Planning StrategiesFootnote4
- Exchange Traded FundsFootnote5
- Municipal BondsFootnote6
- Corporate BondsFootnote7
- Lending Products
- Life InsuranceFootnote8
- Long Term Care InsuranceFootnote9
- AnnuitiesFootnote10
- Foreign ExchangeFootnote11
- Sustainable InvestingFootnote12
- Wealth ManagementFootnote13
- Wealth PlanningFootnote14
- Alternative InvestmentsFootnote15
Securities Agent: PA, AK, AZ, CA, CO, CT, FL, GA, HI, IA, ID, IL, IN, KS, KY, MA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OR, SC, SD, TN, TX, UT, VA, WA, WI, WV, WY; BM/Supervisor; General Securities Representative; Investment Advisor Representative
NMLS#: 1272871
CA Insurance License #: 0L70026
NMLS#: 1272871
CA Insurance License #: 0L70026
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
MONTHLY OUTLOOKS & UPDATES
I strive to simplify complex financial ideas so that my clients understand what is being done on their behalf to plan for their financial future. I’m a firm believer in giving my clients as many resources as possible so they can stay informed about the latest market trends, outlooks, and breakdowns. Morgan Stanley also seeks to make complex financial ideas more digestible so that clients understand what is being done on their behalf to plan for their financial future, and why. The links below provide a detailed analysis of interesting topics that are affecting the finance and business worlds.
2024 Maximum Benefit and Contribution Limits
401k: $23,000, up from $22,500 for employees under 50 years old, and catch-ups remain at $7,500 for employees over 50.
IRA: $7,000, up from $6,500. Catch-up for individuals over 50 remains the same at $1,000.
Click here to read moreIRA: $7,000, up from $6,500. Catch-up for individuals over 50 remains the same at $1,000.
Thoughts on the Market
Each week, Chief Cross-Asset Strategist Andrew Sheets, or a member of his team, offers perspective on the forces shaping the markets as well as insights on investment opportunities and risk across global asset classes.
Listen Here
Global Investment Committee on the Markets
A publication that summarizes the Global Investment Committee’s market outlook and contains thought-provoking essays that examine the forces shaping the investment landscape. Check out the most recent edition below.
Read: "GIC on the Markets"
5 Steps to Create a Budget
Your everyday spending can affect your longer-term goals. Follow these five steps to spend smartly now—so you can reach your goals later.
Click here to learn more
6 Financially Smart Ways to Start 2024
Heading into 2024, it’s time to take stock of your budget, debt and investments—and check them against your financial goals. These six steps can get you started.
Click here to learn more
Tax-Smart Strategies for Your Retirement
Smart tax planning can help you save more for retirement and keep more of what you’ve already saved. Consider these tax-efficient retirement planning strategies.
Click here to learn moreMy career in the financial services industry began in 1979, working in the cashiers "cage" at Sutro & Co. in San Francisco.
In 1980, Sutro & Co. hired me as a Registered Representative "trainee," and I received my securities license in the fall of 1981. I was the youngest person to enter and successfully complete the Sutro & Co. Financial Advisor training program.
Since 1981, I have exhibited the professionalism to navigate through every market cycle, from bull and bear to high and low interest rates, inflationary and deflationary, market "bubbles" and "crashes," significant military conflicts, geo-political instability, and now, the COVID-19 pandemic.
As a Senion Vice President, Portfolio Management Director, and Wealth Advisor, I embrace my role as an advocate for my clients' best interests while working to provide superior service and solutions to help my clients meet their financial goals and objectives.
In my judgment, Morgan Stanley is one of the world's largest and most prestigious diversified financial services companies, with a reputation for excellence in advice and execution on a global scale. Morgan Stanley enhances my ability to fulfill the needs and expectations of my clients.
I ask you to consider the value that I, as an investment professional with 40 years of experience, bring to you as an investor.
In 1980, Sutro & Co. hired me as a Registered Representative "trainee," and I received my securities license in the fall of 1981. I was the youngest person to enter and successfully complete the Sutro & Co. Financial Advisor training program.
Since 1981, I have exhibited the professionalism to navigate through every market cycle, from bull and bear to high and low interest rates, inflationary and deflationary, market "bubbles" and "crashes," significant military conflicts, geo-political instability, and now, the COVID-19 pandemic.
As a Senion Vice President, Portfolio Management Director, and Wealth Advisor, I embrace my role as an advocate for my clients' best interests while working to provide superior service and solutions to help my clients meet their financial goals and objectives.
In my judgment, Morgan Stanley is one of the world's largest and most prestigious diversified financial services companies, with a reputation for excellence in advice and execution on a global scale. Morgan Stanley enhances my ability to fulfill the needs and expectations of my clients.
I ask you to consider the value that I, as an investment professional with 40 years of experience, bring to you as an investor.
WORKING WITH YOU
As your life changes, not only does your financial strategy become more complex, but your options for implementing it increase as well. I use a goal-based process that measures success by how you're progressing toward meeting the goals most important to you. This thoughtful approach enables us to design and implement solutions to help guide you in achieving and maintaining financial success.
Step 1: Understanding You
I begin with an in-depth conversation to understand your goals and the goals of your family, the concerns you have, and what you ultimately would like to achieve. Next, I review your current and future financial situation, identify the likelihood of reaching your goals, and address any potential shortfalls or the impact of unexpected life events.
Step 2: Tailoring a Solution for Your Specific Goals
Here, I'll prepare a comprehensive wealth management plan that addresses your individual income and cash flow needs, investment objectives and guidelines, and risk/return parameters.
Step 3: Implementing Your Plan
With my guidance, you'll have access to a comprehensive array of strategies, services, and programs that work in tandem to help you grow, preserve, and transfer your wealth while remaining aligned with your personal goals and aspirations.
Step 4: Monitoring Results Against Your Goals
I check in with you to deliver metrics around your portfolio and ultimately measure the trajectory towards your goals. My ultimate mission is your success and well-being.
COMPREHENSIVE FINANCIAL PLANNING
Regardless of what stage your life is in, whether you’re moving ahead in your career, enjoying retirement, or somewhere in between, as your financial advisors, I can help you achieve your financial goals.
Using a suite of tools that include goal-specific analysis, I can work with you to create a realistic, holistic strategy that integrates the various aspects of your financial life, including your investments and cash management needs.
I can create your personal roadmap to help achieve and protect your goals, which is a framework that makes the connection between your life goals and your financial resources, and provides a baseline for future discussions.
Using a suite of tools that include goal-specific analysis, I can work with you to create a realistic, holistic strategy that integrates the various aspects of your financial life, including your investments and cash management needs.
I can create your personal roadmap to help achieve and protect your goals, which is a framework that makes the connection between your life goals and your financial resources, and provides a baseline for future discussions.
Financial Planning
I want to gather and analyze your goals, assets, liabilities, and other important information. Then, I use our perspective and experience with other unique clients like you to make recommendations on spending, giving, and living.
Wealth Management
I take a holistic approach to bringing all the aspects of your financial life together. I do analysis and use my experience to develop a customized plan for you.
Retirement Planning
This is paramount and ensuring a successful retirement. I bring an intense focus to this process. You have worked hard to get where you are at. Now I can help you live the retirement you have always dreamt of.
401(k) Rollovers
Rollovers can be beneficial to you in several ways. It can help simplify your life by consolidating your assets. I can make sure that there is no risk of overlap or concentration insecurities. I can make taking required minimum distributions easier too. You have the full suite of an open platform from which to choose investments from.
Trust & Estate Planning
Regardless of your current financial circumstances, it is crucial to have a backup plan for your money. I regularly review your finances with you and coordinate with your estate attorney to help make sure that I meet your wishes in the most efficient and cost-effective way possible.
Tax Management
The tax decisions you make today can help you save for years to come. There are many tax-smart strategies for your financial plan. These strategies include: preparing for tax day, tax-efficient investing, tax strategies for retirement, tax-smart giving, and more.
Client Service Team
Spencer Stark, CERTIFIED FINANCIAL PLANNER™ (CFP®) - Financial Advisor
Phone:
(541) 341-3449(541) 341-3449
Email:Spencer.Stark@morganstanley.com
Spencer Stark was born in the central valley of California and grew up in a diverse population and community. In an effort to escape the hot weather, he decided to attend the University of Oregon, where he played football, appearing in the Rose Bowl as well as the National Championship game during the 2014–2015 season. Spencer studied and completed his B.S. in applied mathematics, where he focused on advanced statistics and numerical analysis.
Spencer enjoys all things active. He has competed in CrossFit and Olympic weightlifting. In his free time, he loves to travel and to explore different parks with his young son – hoping to one day visit all the national parks in the United States.
Spencer enjoys all things active. He has competed in CrossFit and Olympic weightlifting. In his free time, he loves to travel and to explore different parks with his young son – hoping to one day visit all the national parks in the United States.
Securities Agent: TX, ID, IL, VA, OH, NV, MO, WA, OR, NC, HI, GA, CA, UT, FL, MT, MN, AK, PA, NE, AZ, SC, CO, AR, WI, NY, NM, MI; General Securities Representative; Investment Advisor Representative
Christine Graham - Registered Client Service Associate
Phone:
(702) 242-8370(702) 242-8370
Email:christine.graham@morganstanley.com
Christine joined Morgan Stanley in 2018 as a Client Service Associate. Her primary focus is providing clients with a high level of service in various operational and administrative areas.
She graduated from the University of Louisville with a B.A. in History and currently holds 7 and 66 FINRA registrations.
Christine and her husband, Jacob, live in Las Vegas, NV. In her free time she enjoys hiking, camping, and traveling to different National Parks around the country.
She graduated from the University of Louisville with a B.A. in History and currently holds 7 and 66 FINRA registrations.
Christine and her husband, Jacob, live in Las Vegas, NV. In her free time she enjoys hiking, camping, and traveling to different National Parks around the country.
Location
8548 Rozita Lee Ave
Ste 400
Las Vegas, NV 89113
US
Direct:
(702) 792-2045(702) 792-2045
Toll-Free:
(800) 345-5501(800) 345-5501
Fax:
(541) 342-2291(541) 342-2291
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
Article Image
Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Ready to start a conversation? Contact Mark Richanbach today.
1Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate 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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should 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.
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.
5An 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.
6Municipal 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.
7Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
10Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
11GlobalCurrency is available to clients of Morgan Stanley Smith Barney LLC with an eligible brokerage account. Before undertaking foreign exchange transactions, clients should understand the associated risks.
Engaging in foreign currency transactions entails more varied risks than normally associated with transactions in the domestic securities markets. Attention should be paid to market, credit, sovereign, and liquidity risks. The foreign exchange transactions and deposits discussed in this material may not be appropriate for all clients. The appropriateness of a particular investment or strategy depends upon a client’s particular circumstances and objectives. This material does not provide individually tailored investment advice.
12The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
13Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
14Morgan 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.
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.
15Alternative 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.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should 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.
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.
5An 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.
6Municipal 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.
7Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
10Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
11GlobalCurrency is available to clients of Morgan Stanley Smith Barney LLC with an eligible brokerage account. Before undertaking foreign exchange transactions, clients should understand the associated risks.
Engaging in foreign currency transactions entails more varied risks than normally associated with transactions in the domestic securities markets. Attention should be paid to market, credit, sovereign, and liquidity risks. The foreign exchange transactions and deposits discussed in this material may not be appropriate for all clients. The appropriateness of a particular investment or strategy depends upon a client’s particular circumstances and objectives. This material does not provide individually tailored investment advice.
12The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
13Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
14Morgan 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.
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.
15Alternative 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.
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.
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Awards Disclosures
CRC 6491812 (04/2024)
