Michael Engel, CIMA®, CFA®
Executive Director,
Institutional Consulting Director,
Corporate Retirement Director,
Alternative Investments Director,
Investing with Impact Director
Direct:
(202) 861-5003(202) 861-5003
Toll-Free:
(800) 522-3546(800) 522-3546
My Mission Statement
As part of Graystone Consulting, we provide strategic, tailored advice and results-oriented solutions for a select group of not-for-profit institutions, endowments, foundations, and ultra high-net-worth individuals and family offices
My Story and Services
Michael Engel is an Executive Director, Institutional Consulting Director and Corporate Retirement Director working out of the team’s Washington, D.C. office. Mike has more than 30 years of experience focusing on institutional consulting. He is committed to providing tailored investment solutions and customized institutional advice to nonprofit organizations, foundations and endowments. He also brings this institutional experience to select high net-worth clients.
As an Institutional Consulting Director, Mike strategically uses his vast knowledge and experience to provide customized services to institutions across the country. These services include Investment Policy Statement review and development, evaluating fund performance, investment manager selection, and fiduciary best practices. Mike also has significant experience in corporate retirement planning.
A graduate of Villanova University, Mike began his career in 1983 at Arthur Andersen & Co., where he obtained his Certified Public Accountant (CPA) designation. Over the years, he has remained committed to professional development, a fundamental tenet of his longstanding practice. He attained his Chartered Financial Analyst® (CFA®) designation in 1994, his Certified Investment Management Analyst (CIMA®) designation in 1997 at the Wharton School of Business at the University of Pennsylvania and his Accredited Investment Fiduciary (AIF®) designation in 2009.
Mike’s passion for working with his clients is equaled only by his dedication to his community. Michael served for five years as a Trustee and member of the Investment Committee of the Fairfax County Educational Employees’ Supplemental Retirement System, a $1.5 billon retirement plan. He is Past President and served on the Board of Directors of the Association of Professional Investment Consultants and is a member of Investment Management Consultants Association. Mike serves as a Board member to the Park City Medical Center Foundation and formerly on the Henry’s Fork Foundation. He is also a lifetime member of the Eagle Scout Association. Mike currently splits his time between Washington D.C. and Park City, Utah. In his free time, he enjoys skiing, hiking, fly fishing and golfing.
As an Institutional Consulting Director, Mike strategically uses his vast knowledge and experience to provide customized services to institutions across the country. These services include Investment Policy Statement review and development, evaluating fund performance, investment manager selection, and fiduciary best practices. Mike also has significant experience in corporate retirement planning.
A graduate of Villanova University, Mike began his career in 1983 at Arthur Andersen & Co., where he obtained his Certified Public Accountant (CPA) designation. Over the years, he has remained committed to professional development, a fundamental tenet of his longstanding practice. He attained his Chartered Financial Analyst® (CFA®) designation in 1994, his Certified Investment Management Analyst (CIMA®) designation in 1997 at the Wharton School of Business at the University of Pennsylvania and his Accredited Investment Fiduciary (AIF®) designation in 2009.
Mike’s passion for working with his clients is equaled only by his dedication to his community. Michael served for five years as a Trustee and member of the Investment Committee of the Fairfax County Educational Employees’ Supplemental Retirement System, a $1.5 billon retirement plan. He is Past President and served on the Board of Directors of the Association of Professional Investment Consultants and is a member of Investment Management Consultants Association. Mike serves as a Board member to the Park City Medical Center Foundation and formerly on the Henry’s Fork Foundation. He is also a lifetime member of the Eagle Scout Association. Mike currently splits his time between Washington D.C. and Park City, Utah. In his free time, he enjoys skiing, hiking, fly fishing and golfing.
Securities Agent: OR, MI, RI, NE, UT, OH, FL, DC, AL, SD, NC, MT, MA, IL, WA, NY, NH, MD, CT, CO, NM, ME, LA, KY, VT, VI, TN, MS, IN, CA, AR, TX, ND, MN, KS, ID, GA, WY, HI, DE, AK, OK, NJ, MO, WV, WI, SC, PA, NV, IA, AZ, VA; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1282552
NMLS#: 1282552
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Graystone Consulting, A business of Morgan Stanley
Graystone Consulting began in 1973. It is the combination of two premier consulting firms who had been industry leaders dating back more than forty years. Previously known as Citi Institutional Consulting, we rebranded the consulting group in 2009 after the merger of Smith Barney and Morgan Stanley. We created Graystone Consulting with a simple mission: to set the industry standard in institutional investment consulting services for sophisticated investors.
A central staff of more than 270 professionals supports Graystone out of offices in Purchase, NY, Wilmington, DE and New York City. Although our organization is global, seasoned Consulting Directors provide services locally. Our Consulting Directors have relevant industry experience and understand the unique needs of institutional investors. Over 200 Graystone professionals across the United States are responsible for their individual client relationships, and their practices are anchored by Graystone Institutional Consulting Directors.
Graystone Consulting is one of the only independent consulting firms of its kind to be associated with a large financial services provider. We address the complexities that face trustees, directors and investment committees. The strength of Morgan Stanley backs up our resources. As of December 31, 2021, Graystone Consulting consulted on over $450 billion of clients’ assets.
A central staff of more than 270 professionals supports Graystone out of offices in Purchase, NY, Wilmington, DE and New York City. Although our organization is global, seasoned Consulting Directors provide services locally. Our Consulting Directors have relevant industry experience and understand the unique needs of institutional investors. Over 200 Graystone professionals across the United States are responsible for their individual client relationships, and their practices are anchored by Graystone Institutional Consulting Directors.
Graystone Consulting is one of the only independent consulting firms of its kind to be associated with a large financial services provider. We address the complexities that face trustees, directors and investment committees. The strength of Morgan Stanley backs up our resources. As of December 31, 2021, Graystone Consulting consulted on over $450 billion of clients’ assets.
Our Team
With offices in Washington D.C., Midwest, and Park City, UT, we provide high quality advice on a wide range of financial topics to institutional leaders, nonprofit associations, multi-generational families and affluent individuals locally and around the country.
Since founding our practice in 1989, we have cultivated the specialized skills, knowledge and investment process required to bridge the gap between the real world challenges facing your organization and the investment world driving your decisions.
Our leadership team includes a Chartered Financial Analyst®, an Accredited Investment Fiduciary®, three Certified Investment Management Analysts®, and a Certified Financial Planner. We use our technical and analytical skills to research, evaluate and recommend appropriate strategies that address the particular needs of your organization and your members.
The hallmark of our consulting philosophy is a commitment to building tailored solutions from the ground up and fine-tuning them over time to help achieve your specific goals and objectives.
Please visit our team website by clicking below:
Graystone Consulting - Washington, DC | Park City, UT | MidwestSince founding our practice in 1989, we have cultivated the specialized skills, knowledge and investment process required to bridge the gap between the real world challenges facing your organization and the investment world driving your decisions.
Our leadership team includes a Chartered Financial Analyst®, an Accredited Investment Fiduciary®, three Certified Investment Management Analysts®, and a Certified Financial Planner. We use our technical and analytical skills to research, evaluate and recommend appropriate strategies that address the particular needs of your organization and your members.
The hallmark of our consulting philosophy is a commitment to building tailored solutions from the ground up and fine-tuning them over time to help achieve your specific goals and objectives.
Please visit our team website by clicking below:
Morgan Stanley's 85 Year History
Explore our new interactive timeline to learn about Morgan Stanley through the decades - from our foundational years to building wealth in modern times!
Explore Our HistoryMorgan Stanley Wealth Management
For 85 years, Morgan Stanley has been a global leader in financial services, with the scale and stability to help bring you valuable opportunities. Our priority is managing wealth with the highest standard of care and providing financial advice to help support your goals at any stage of life.
Learn More About MSWMINSTITUTIONAL & NOT-FOR-PROFIT CLIENTS
Your organization has many responsibilities—to shareholders, employees, and their families. Today, successfully meeting those responsibilities has become more complex.
We offer guidance from an experienced and dedicated consulting team that leverages the vast resources and strong financial backing of a powerful global financial leader. Here's how we can help support you in your fiduciary role:
We offer guidance from an experienced and dedicated consulting team that leverages the vast resources and strong financial backing of a powerful global financial leader. Here's how we can help support you in your fiduciary role:
Institutional Consulting Director
We provide you with customized, innovative, flexible strategies to meet your organization’s most sophisticated investment needs. We shine light on your institutional challenges and goals, and help you create a path to reach them, while remaining responsive to everything the world throws at your long-term plan along the way.
Alternative Investments Director
This signifies exceptional knowledge and experience in alternative investment strategies. This allows us to offer innovative strategies that can align with sophisticated investors’ financial goals.
Investing with Impact Director
We have advanced experience in helping clients structure portfolios focused on environmental, social, and governance (ESG) criteria.
Certified Investment Management Analyst® (CIMA®)
As a highly accredited designation in the industry, the CIMA® focuses on asset allocation, manager search and selection, investment policy, and performance measurement.
Chartered Financial Analyst (CFA)
We have in-depth training in the core skills of investment strategy and high-level money management. This is demonstrated by expertise in financial research, portfolio management, investment consulting, risk analysis, and risk management.
Opportunities in Alternative Investments
We are a leading provider of alternative investment strategies with expertise that spans across hedge funds, private equity, private credit, real estate, infrastructure, and custom multi-asset solutions.
Our team is dedicated to serving the unique needs of our clients by delivering exceptional portfolios and custom alternative investment programs.
Our team is dedicated to serving the unique needs of our clients by delivering exceptional portfolios and custom alternative investment programs.
Hedge Funds
We specialize in delivering a broad range of hedge fund portfolio solutions to a global client base. Our strategies include custom hedge fund portfolios; broadly-diversified, opportunistic and strategy-specific funds; and advisory services.
Private Equity
Our private equity teams invest in segments of the market that, in our view, are generally underserved by other providers of private capital. We invest directly in private businesses and also allocate capital to compelling fund managers, secondary market opportunities and co-investments on behalf of our limited partners.
Private Credit
We focus on segments of the credit markets where we believe our unique expertise, patient capital and access to the unparalleled resources of Morgan Stanley provide us with a sustainable competitive advantage.
Real Estate
We manage global value-add/opportunistic and regional core real estate investment strategies. The team's experience encompasses a broad array of asset classes, geographic regions and investment themes across all phases of the real estate cycle.
Infrastructure
As an infrastructure investor, we seek assets that perform essential services to society while generating stable, predictable cash flows that are linked to inflation.
Custom Multi-Asset Solutions
We specialize in managing custom alternative investment solutions that enable us to address the unique risk, return and liquidity objectives of our clients.
Investing With Impact
Once considered a niche investment trend, sustainable and impact Investing has evolved into one of the top areas of interest for individual investors and institutions alike. Launched in 2012, the Investing with Impact Platform is designed to help our clients invest in products and solutions that target market-rate financial returns alongside positive environmental and/or social impact.
The Investing with Impact Platform includes a large range of investment and manager options across the public and private markets, allowing us to strategically integrate mission-alignment and impact throughout the entire investment portfolio for clients seeking greater total portfolio activation. Investment opportunities span the spectrum from minimizing objectionable impact through restriction screening to targeting positive impact through environmental, social and governance integration, to thematic exposure and impact investing.
Where high-quality products currently do not exist, we work with asset manager partners to create them. Because of the size and depth of our firm, we believe Morgan Stanley is uniquely positioned to create highly customized market-rate competitive sustainable investment offerings. Whether you’re just beginning to consider impact strategies or are transitioning to a more proactive focus across your entire organization, we have the skills, expertise and tools to bring clarity and structure to your vision.
The Investing with Impact Platform includes a large range of investment and manager options across the public and private markets, allowing us to strategically integrate mission-alignment and impact throughout the entire investment portfolio for clients seeking greater total portfolio activation. Investment opportunities span the spectrum from minimizing objectionable impact through restriction screening to targeting positive impact through environmental, social and governance integration, to thematic exposure and impact investing.
Where high-quality products currently do not exist, we work with asset manager partners to create them. Because of the size and depth of our firm, we believe Morgan Stanley is uniquely positioned to create highly customized market-rate competitive sustainable investment offerings. Whether you’re just beginning to consider impact strategies or are transitioning to a more proactive focus across your entire organization, we have the skills, expertise and tools to bring clarity and structure to your vision.
Broad-Based Sustainability
Exposure to companies from all sectors and industry groups that reflect the best environmental practices relative to industry peers, invest in companies with sustainable practices, including efficient natural resource use and efforts to reduce greenhouse gas emissions.
Climate Action
Investments in companies with products and services targeting key sustainability goals and climate solutions. Focus on investable themes that seek to improve climate change mitigation and/or adaption solutions.
Fossil Fuel Awareness
Eliminate or reduce exposure to companies producing coal, oil, and nuclear energy or owning significant fossil fuel reserves or bottom environmental performers.
Gender Lens
Avoid exposure to companies with poor gender diversity records while seeking companies with leading gender diversity records, including strong policies and programs, diverse board of directors and senior management.
Improving Lives
Investment focused on enterprises that deliver positive impact such as alleviating poverty and promoting community development.
Inclusive Workspace
Focus on companies or funds seeking to create an inclusive workspace through channels such as workplace equity, access to capital, and work/life balance programs.
Location
1775 I Street NW
Suite 200
Washington, DC 20006
US
Direct:
(202) 861-5003(202) 861-5003
Toll-Free:
(800) 522-3546(800) 522-3546
Fax:
(202) 857-5460(202) 857-5460
1441 West Ute Blvd
Suite 180
Park City, UT 84098
US
Direct:
(435) 645-2767(435) 645-2767
Wealth Management
Global Investment Office
Portfolio Insights
Insights and Outcomes
Thought Leadership for our ultra high net worth clients, which contains thought-provoking articles, authored by leading experts from Morgan Stanley Family Office Resources.
Retirement for Plan Sponsors
End-to-End Services, Made Simple:
We can provide the tools and guidance to help you manage a retirement plan.
We can provide the tools and guidance to help you manage a retirement plan.
- Plan Evaluation
- Investment Management
- Plan Management Support
- Plan Participant Education
Small Business Retirement Plans
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Managing Significant Wealth
- Investment Management
- Wealth Transfer & Philanthropy
- Cash Management & Lending
- Family Governance & Wealth Education
- Signature Access
- Business Services
Private Wealth Management Podcast
Bringing you engaging stories and key insights surrounding the complexities associated with significant wealth, including:
- Intergenerational Planning
- Philanthropic Giving
- Non-Traditional Assets
- Managing Family Wealth
LISTEN | Passion Assets: Investing in Art
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Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Ready to start a conversation? Contact Michael Engel today.
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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
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.
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.
4When 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.
5When 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.
6Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
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, charitable giving, philanthropic planning and other legal matters.
8Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures | Morgan Stanley
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley 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.
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.
4When 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.
5When 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.
6Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
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, charitable giving, philanthropic planning and other legal matters.
8Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures | Morgan Stanley
CRC 4665150 (8/2025)
