Janie Shaffer, CDFA®
Business Development Director
Phone:
(513) 562-8313(513) 562-8313
Matt Harris, CEPA®
First Vice President, Wealth Management,
Financial Advisor,
Portfolio Management Director
Direct:
(513) 762-5232(513) 762-5232
Toll-Free:
(513) 762-5200(513) 762-5200
My Mission Statement
From executives and business owners to retirees and families – we’ve been helping our clients navigate every step of their financial future for decades, right here in Cincinnati.
My Story and Services
The more money you earn, the more complicated your financial life can become. Executives face corporate equity challenges. Business owners should be prepared to consider exit strategies. Many families have philanthropic aspirations. But no matter your circumstances, some questions are universal:
- Am I on track to reach my long-term goals?
- How can I better protect what i've earned?
- What tax management strategies should I leverage?
- Can I be doing more to help secure my family's financial future?
Leveraging my extensive experience in institutional investing, I am dedicated to guiding clients toward achieving their sophisticated long-term financial objectives.
A graduate of Denison University, I spent the first 19 years of my career on Wall Street, advising Institutional clients and large family offices on portfolio construction, research, and trading strategies. I began my career with Morgan Stanley in 1998 with the international/domestic institutional equity group. I then went on to serve as Head of Trading and Sales at several well-respected boutique firms in the New York area.
With a robust investing background, I bring a wealth of analytical prowess to my role guiding business owners, pre-retirees, and retirees. But my practice goes beyond portfolio management. Through the blending of financial "Goals Based" planning, estate planning, tax optimization strategies, and charitable giving — along with dynamic portfolio management — I equip my clients with the tools and knowledge necessary to help navigate the complexities of high net worth. I have also undertaken rigorous coursework to become a Certified Exit Planning Advisor® (CEPA®) — an elite designation I leverage to deliver tailored solutions to business owners and entrepreneurs leading up to, during, and after the sale of their company. Bottom line: I don't just manage wealth; I help cultivate financial empowerment for my clients for decades and generations to come.
Outside of the office, I live in Cincinnati with my wife Heather and our 3 children: Hunter, Madison and Lilly. As a former NCAA Lacrosse player, I am an avid sports fan and enjoy staying active in my free time.
Services Include
- Asset Management
- Financial PlanningFootnote1
- 401(k) Rollovers
- Business Succession PlanningFootnote2
- Executive Financial ServicesFootnote3
- Alternative InvestmentsFootnote4
- Wealth PlanningFootnote5
- Divorce Financial AnalysisFootnote6
- Life InsuranceFootnote7
- Municipal BondsFootnote8
- Qualified Retirement PlansFootnote9
- Structured ProductsFootnote10
- Wealth ManagementFootnote11
Securities Agent: CA, GA, IL, IN, KY, MD, MI, MO, NC, NV, NY, OH, SC, TX, FL, LA, MA, MN, NJ, NM, OK, OR, VA, WA, KS, ID, AR, AZ; General Securities Representative; Investment Advisor Representative
NMLS#: 1517459
NMLS#: 1517459
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
I'm Here to Help
Your successful business is a testament to your vision and dedication. Whether you're exploring new avenues for growth, or considering your exit, I understand the unique challenges and emotions that business owners face in pivotal moments. Working together, we're fully-prepared to help you plan for what comes next.
Your ultimate decision deserves the utmost care
For many years, I've helped companies create and execute their succesion strategy from start to finish. Our strategies are custom-tailored to help maximize the value of your business and help secure your finanical future -- so you can enjoy the substatial rewards of your success.
Certified Exit Planning Advisor®
As a CEPA®-Certified Advisor, I offer comprehensive proficiency in valuation techniques, tax optimization strategies, and succession planning frameworks. What's more? I bring deep experience in institutional trading, equity/debt strategies, and public/private investment banking strategy. Bottom line, I'm able to help you design and execute tailored exit plans that help ensure no stone is left unturned.
We equip you with an extensive strategic network
As a Financial Advisor at Morgan Stanley, I have access to a powerful network of top industry professionals, from investment bankers to attorneys and CPAs. That breadth allows us to help address your most complex business needs, including M&A and IPOs.
Multigenerational Wealth
Family and money? They often mix like oil and water. That's what can make legacy planning so complex. It involves not only planning for the transfer of assets to future generations, navigating complicated regulations, and integrating retirement needs -- It also means working to ensure that your wishes and values are reflected in how those assets are used by your loved ones decades down the line.
Our Legacy Approach
- We Develop Tax-efficient Estate Planning Strategies that can help address clients' tax and legal obligations, as well as their personal wishes for the distribution of their assets.
- We Communicate with Family Members and other stakeholders, managing any potential conflicts or disagreements that may arise.
- We Design Charitable Giving Strategies that reflect clients' values and priorities, while also helping to reduce their tax burden.
- We Provide Ongoing Support as clients implement and adapt their legacy plans over time, and we help them stay informed about changes in tax and legal regulations that may affect their plans.
When you work with one of us, your family receives the best of all of us
As our client, you're not just getting access to one of our finanical advisors; you're tapping into the collective strength of our entire team. Together, we bring many years of experience and a wealth of knowledge to every aspect of your family's financial life. Just as important? We each have a distinctive perspective. That means when we come together, you family's financial future is strategized from every angle -- so that every detail is meticulously evaluated.
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 matters involving trusts, estate planning, charitable giving, philanthropic planning or other legal matters.
Alternative Investments
Put simply, our investment universe puts you at the center. Beyond traditional stocks and bonds, we also offer access to a wide range of Alternative Investments including Private Equity, Private Credit, Private Real Estate, Exchange Funds, and Collectibles. But at the end of the day, the portfolio we build for you will aim to reflect your individual goals, challenges, and needs -- in other words, your larger financial plan.
Our Portfolio Edge
- Instituional Experience: I bring a highly-sophisticated investing background that includes two decades working with international and domestic institutional equity groups in New York.
- Leading Resources: Morgan Stanley's leading alts platform provides exclusive access to funds that may otherwise be available only to institutional investors.
Alternative investments are often speculative and include a high degree of risk. Investors can lose all or a substantial amount of their investment. They may be highly illiquid, can engage in leverage, short-selling and other speculative practices that may increase volatility and the risk of loss, and may be subject to large investment minimums and initial lock-ups. They may involve complex tax structures, tax efficient investing and delays in distributing important tax information. They may have higher fees and expenses that traditional investments, and such fees and expenses can lower the returns achieved by investors.
Location
7755 Montgomery Road 2nd
Floor
Cincinnati, OH 45236
US
Direct:
(513) 762-5232(513) 762-5232
Toll-Free:
(513) 762-5200(513) 762-5200
Fax:
(513) 369-7636(513) 369-7636
Meet My Team
Anna Kohlem
Assistant Vice President, Wealth Management Associate, Financial Planning Specialist
Phone:
(513) 562-8320(513) 562-8320
About Janie Shaffer
Janie Shaffer, CDFA®
Business Development Director
Janie Shaffer is a Business Development Director with The Celestial Group at Morgan Stanley. She focuses on building long-term relationships tailored to the needs of select families and individuals in the greater Cincinnati area.
A graduate of Duke University with a bachelor's degree in sociology, Janie also competed in Division 1 volleyball for the Blue Devils. After receiving her law degree from the University of Cincinnati College of Law, she became UC's Assistant Athletic Director of Compliance and Senior Woman Administrator, where she drafted the Athletic Department's Gender Equity Plan to ensure Title IV compliance. After leaving UC, Janie worked several years as the Athletic Director of a local high school and as a Contractor and Marketing Specialist running the only Olympic Qualifier for professional beach volleyball in the United States. Transitioning to a career in financial services, she joined Morgan Stanley in 2017.
Previously, Janie served as a Financial Advisor and Alternative Investments Director. In her current role, she draws on her extensive professional experience and highly-skilled training to bring a disciplined focus and multidisciplinary approach to her clients' financial lives. With meticulous attention to detail, she applies the critical thinking skills she developed in law school to help simplify complexities and identify innovative solutions. She also takes pride in getting to know and understand each and every client individually - as people, not just investors. It is with this level of attentive care that she builds financial strategies designed to help meet each client's unique needs, objectives, and risk tolerance.
Outside of the office, Janie lives in Cincinnati with her husband, three children, and an Australian Labradoodle named Paxton. When not spending time with her family or serving clients, she enjoys playing golf, listening to live music, and being active in her community.
Business Development Director
Janie Shaffer is a Business Development Director with The Celestial Group at Morgan Stanley. She focuses on building long-term relationships tailored to the needs of select families and individuals in the greater Cincinnati area.
A graduate of Duke University with a bachelor's degree in sociology, Janie also competed in Division 1 volleyball for the Blue Devils. After receiving her law degree from the University of Cincinnati College of Law, she became UC's Assistant Athletic Director of Compliance and Senior Woman Administrator, where she drafted the Athletic Department's Gender Equity Plan to ensure Title IV compliance. After leaving UC, Janie worked several years as the Athletic Director of a local high school and as a Contractor and Marketing Specialist running the only Olympic Qualifier for professional beach volleyball in the United States. Transitioning to a career in financial services, she joined Morgan Stanley in 2017.
Previously, Janie served as a Financial Advisor and Alternative Investments Director. In her current role, she draws on her extensive professional experience and highly-skilled training to bring a disciplined focus and multidisciplinary approach to her clients' financial lives. With meticulous attention to detail, she applies the critical thinking skills she developed in law school to help simplify complexities and identify innovative solutions. She also takes pride in getting to know and understand each and every client individually - as people, not just investors. It is with this level of attentive care that she builds financial strategies designed to help meet each client's unique needs, objectives, and risk tolerance.
Outside of the office, Janie lives in Cincinnati with her husband, three children, and an Australian Labradoodle named Paxton. When not spending time with her family or serving clients, she enjoys playing golf, listening to live music, and being active in her community.
About Anna Kohlem
Anna Kohlem
Assistant Vice President
Wealth Management Associate
Financial Planning Specialist
Anna Kohlem is an Assistant Vice President, Wealth Management Associate and Financial Planning Specialist with The Celestial Group at Morgan Stanley. As a founding member of the group, Anna has been a key driver behind the team’s operational excellence and elite client service model for decades.
Anna began her career in the financial industry with Fifth Third Securities in 1988. After eighteen years with the firm, she took a role at PNC Investments. It was there that she first teamed up with John Gould, joining Morgan Stanley in October 2015 as a Senior Registered Associate. Throughout her career, Anna has remained dedicated to enhancing her offering with top industry certifications. Most notably, she undertook rigorous training to obtain Morgan Stanley’s Financial Planning Specialist designation, as well as the Assistant Vice President title, both of which speak to her proficiency in the fundamentals of high net worth wealth management. Previously, she has also served as the Complex Client Service Associate Coach.
Supporting clients alongside the team’s financial advisors, Anna plays a dynamic role that leverages her deep experience, comprehensive skillset, and round-the-clock dedication. For clients, she serves as the first line of contact for a broad spectrum of needs. She has worked with many clients across decades and even multiple generations, and she excels at delivering the kind of prompt, bespoke solutions that help enhance their everyday financial lives. Anna also supports the team’s financial advisors in several key areas, including new business development, investment analysis, research, account administration, and trade execution. Whether she is overseeing client meetings or providing the operational backbone that supports portfolio management — Anna goes above and beyond to help deliver the kind of unparalleled client experience that defines The Celestial Group.
Outside of the office, Anna resides in New Richmond with her husband, Bryant. After surviving a ruptured brain aneurysm in September 2014, Anna embraces each day with gratitude and determination, never allowing her past experience to hinder her from pursuing her passions. Her greatest joy comes from spending time with her family, particularly cherishing moments with her beloved granddaughter, Raelyn. Anna also enjoys immersing herself in a good book, taking leisurely walks, and cheering on her favorite football teams.
Assistant Vice President
Wealth Management Associate
Financial Planning Specialist
Anna Kohlem is an Assistant Vice President, Wealth Management Associate and Financial Planning Specialist with The Celestial Group at Morgan Stanley. As a founding member of the group, Anna has been a key driver behind the team’s operational excellence and elite client service model for decades.
Anna began her career in the financial industry with Fifth Third Securities in 1988. After eighteen years with the firm, she took a role at PNC Investments. It was there that she first teamed up with John Gould, joining Morgan Stanley in October 2015 as a Senior Registered Associate. Throughout her career, Anna has remained dedicated to enhancing her offering with top industry certifications. Most notably, she undertook rigorous training to obtain Morgan Stanley’s Financial Planning Specialist designation, as well as the Assistant Vice President title, both of which speak to her proficiency in the fundamentals of high net worth wealth management. Previously, she has also served as the Complex Client Service Associate Coach.
Supporting clients alongside the team’s financial advisors, Anna plays a dynamic role that leverages her deep experience, comprehensive skillset, and round-the-clock dedication. For clients, she serves as the first line of contact for a broad spectrum of needs. She has worked with many clients across decades and even multiple generations, and she excels at delivering the kind of prompt, bespoke solutions that help enhance their everyday financial lives. Anna also supports the team’s financial advisors in several key areas, including new business development, investment analysis, research, account administration, and trade execution. Whether she is overseeing client meetings or providing the operational backbone that supports portfolio management — Anna goes above and beyond to help deliver the kind of unparalleled client experience that defines The Celestial Group.
Outside of the office, Anna resides in New Richmond with her husband, Bryant. After surviving a ruptured brain aneurysm in September 2014, Anna embraces each day with gratitude and determination, never allowing her past experience to hinder her from pursuing her passions. Her greatest joy comes from spending time with her family, particularly cherishing moments with her beloved granddaughter, Raelyn. Anna also enjoys immersing herself in a good book, taking leisurely walks, and cheering on her favorite football teams.
The Power of Partnerships
By partnering with experienced individuals across wealth disciplines, Morgan Stanley Financial Advisors can align specialized resources with your custom needs and deliver strategic guidance through the familiarity and trust of existing relationships
Kimberly Emerson
Private Banker
Edward Rogowski
Planning Associate
About Kimberly Emerson
Kimberly Emerson is a Private Banker serving Morgan Stanley Wealth Management offices in Ohio.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Kimberly began her career in financial services in 2001, and joined Morgan Stanley in 2015. Prior to joining the firm, she was a Private Banking Relationship Manager at FC Bank. Kimberly has also been a Wealth Management Banker at Merrill Lynch, as well as a Private Banking Relationship Manager at Fifth Third and KeyBank.
Kimberly is a graduate of Ohio Dominican University where she received a Bachelor of Arts in Business Administration. She and her family reside in Blacklick, Ohio. Outside of the office, Kimberly enjoys sporting events, concerts, and spending time with her family.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Kimberly began her career in financial services in 2001, and joined Morgan Stanley in 2015. Prior to joining the firm, she was a Private Banking Relationship Manager at FC Bank. Kimberly has also been a Wealth Management Banker at Merrill Lynch, as well as a Private Banking Relationship Manager at Fifth Third and KeyBank.
Kimberly is a graduate of Ohio Dominican University where she received a Bachelor of Arts in Business Administration. She and her family reside in Blacklick, Ohio. Outside of the office, Kimberly enjoys sporting events, concerts, and spending time with her family.
NMLS#: 767178
About Edward Rogowski
Ed Rogowski is a Planning Associate at Morgan Stanley providing dedicated financial planning support to Financial Advisors and their teams. Operating as an extension of the FA/Team, he collaborates with clients to discover and define goals that matter most to them. Leveraging state of the art technology, he will evaluate various options and their potential outcomes to help clients confidently choose the appropriate course of action. Ed provides expertise across a wide suite of Morgan Stanley planning tools designed to assist in the areas of investment accumulation, retirement, education, major purchase, cash flow, risk management, tax efficiency, and wealth transfer planning.
He earned his undergraduate degree from Lafayette College and received the Financial Planning Specialist® designation from the College for Financial Planning. Ed is originally from Cleveland, OH and currently resides in Hoboken, NJ.
He earned his undergraduate degree from Lafayette College and received the Financial Planning Specialist® designation from the College for Financial Planning. Ed is originally from Cleveland, OH and currently resides in Hoboken, NJ.
Wealth Management
Global Investment Office
Portfolio Insights
Ready to start a conversation? Contact Matt Harris 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.
2Morgan 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.
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.
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 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.
6Morgan 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.
7Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8Municipal 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.
9When 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.
10Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
11Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
2Morgan Stanley Smith Barney LLC (“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.
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.
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 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.
6Morgan 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.
7Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8Municipal 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.
9When 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.
10Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
11Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
