Nina Chung
Vice President, Group Director
Phone:
(925) 746-2953(925) 746-2953
Morgan Becker, CIMA®, CPWA®
Managing Director, Wealth Management,
Financial Advisor,
Family Wealth Director,
Certified Investment Management Analyst,
Certified Private Wealth Advisor®,
Executive Financial Services Director,
Workplace Advisor – Equity Compensation,
Alternative Investments Director,
Senior Portfolio Management Director,
Founders Specialist
Direct:
(925) 746-2929(925) 746-2929
Toll-Free:
(877) 691-2929(877) 691-2929
My Mission Statement
We help families, corporate executives, and founders make informed financial decisions through thoughtful wealth planning, disciplined portfolio management, and trusted relationships built on integrity and personalized service.
My Story & Services
As a founder of Bay Area Wealth Management Group at Morgan Stanley, Morgan works with high-net-worth individuals, multigenerational families, corporate executives, founders, and business owners who are navigating increasingly complex financial decisions.
Significant wealth is about far more than markets and models. It is about your life, your family, your business, and the future you are building. Morgan works with clients to bring greater structure to the moving parts of their financial lives — supporting thoughtful decisions around the wealth they have built, the opportunities ahead, and the long-term goals that matter most.
For many clients, the challenge is not simply managing a portfolio. It is understanding how each decision connects to the next. How should concentrated stock or equity compensation fit within a broader plan? What planning should happen before a business sale, IPO, or major liquidity event? How do you support your family today while preparing thoughtfully for the future? Morgan works with clients to evaluate these decisions with clarity, discipline, and perspective.
Drawing on more than 30 years of industry experience, Morgan advises clients on comprehensive wealth planning, portfolio management, executive compensation strategy, liquidity and lending solutions, pre- and post-liquidity planning, and multigenerational planning. He also works closely with clients' CPAs, attorneys, trustees, and other outside professionals, helping keep investment strategy, planning, and implementation aligned.
Morgan is a Family Wealth Director at Morgan Stanley — a designation held by fewer than 2% of advisors firmwide — reflecting advanced training and a deep focus on the complex needs of affluent families. He is also an Executive Financial Services Director and a designated Founders Specialist, helping corporate executives, founders, and business owners address planning considerations around equity compensation, concentrated stock, liquidity events, and long-term wealth strategy.
As life changes, your strategy should adapt with it. Morgan's role is to offer thoughtful guidance, preparation, and perspective for the decisions ahead — supported by a team that understands their priorities and stays engaged as their lives, families, businesses, organizations, and legacies evolve. Morgan also uses Morgan Stanley's approved technology and AI-enabled tools to help streamline the demands of complex wealth management, creating more time for thoughtful advice, informed judgment, and the personal understanding at the center of each client relationship.
Tailored advice. Careful oversight. Disciplined follow-through.
Rigorous Industry Certifications
- Certified Investment Management Analyst (CIMA®)
- Certified Private Wealth Advisor (CPWA®)
Elite Morgan Stanley Designations
- Managing Director, Wealth Management
- Morgan is one of 18 advisors to serve on Morgan Stanley's National Financial Advisor Council
- Family Wealth Director (held by less than 2% of Morgan Stanley advisors)
- Founders Specialist (held by less than 2% of Morgan Stanley advisors)
- Senior Portfolio Management Director
- Investing with Impact Director
- Executive Financial Services Director
- Alternative Investments Director
- Workplace Advisor - Equity Compensation
Awards Recognition
- Five Star Wealth Manager, 2012-2025
Five Star Wealth Manager Award 2012 - 2025 Source: fivestarprofessional.com (Awarded 2012 – 2025. The award was determined based on an evaluation process conducted by Five-Star Professional based on objective criteria. The award was not based on a specific time period.
Securities Agent: HI, CA, VA, OR, IL, GA, FL, AZ, AR, PA, NJ, ME, MD, IN, DE, OH, NC, MI, KY, ID, CT, CO, NV, WI, WA, RI, NY, AL, TX, NM, AK, WY, TN, SC; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1297669 CA Insurance License #: 0D63600
Disclosures: https://www.morganstanley.com/disclosures/awards-disclosure/
Services Include
- Wealth ManagementFootnote1
- Wealth PlanningFootnote2
- Financial PlanningFootnote3
- Professional Portfolio ManagementFootnote4
- Executive Financial ServicesFootnote5
- Stock Option PlansFootnote6
- Business PlanningFootnote7
- Business Succession PlanningFootnote8
- Cash Management and Lending ProductsFootnote9
- Estate Planning StrategiesFootnote10
- Trust ServicesFootnote11
- Alternative InvestmentsFootnote12
Securities Agent: HI, CA, VA, OR, IL, GA, FL, AZ, AR, PA, NJ, ME, MD, IN, DE, OH, NC, MI, KY, ID, CT, CO, NV, WI, WA, RI, NY, AL, TX, NM, AK, WY, TN, SC; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1297669
CA Insurance License #: 0D63600
NMLS#: 1297669
CA Insurance License #: 0D63600
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Who I Work With
Morgan works with individuals and families at meaningful moments – when financial decisions become more interconnected and require thoughtful planning. His clients value a disciplined approach, broader perspective, and a strategy that evolves with their lives. His work is especially relevant to multigenerational families, corporate executives, and founders and business owners who value thoughtful planning, disciplined investment oversight, and coordinated perspective as life and circumstances evolve.
- How should our investment strategy, estate planning priorities, liquidity needs, charitable goals, and family considerations fit together?
- Are we preparing the next generation thoughtfully while still supporting the needs of today?
- How should concentrated stock, equity awards, trading windows, liquidity needs, and tax considerations be evaluated in my broader plan?
- What decisions should I consider before retirement, a leadership transition, or a major stock-related event?
- What planning should be considered before a sale, IPO, recapitalization, or major liquidity event?
- How should business proceeds, family priorities, taxes, liquidity, and long-term investment strategy be coordinated after a transaction?
Multigenerational Families
For multigenerational families, wealth often carries both opportunity and responsibility. Morgan works with families who want their wealth strategy to reflect the people, priorities, and legacy they care about most, while coordinating investments, planning, liquidity, tax-aware considerations, estate priorities, philanthropy, and long-term stewardship.
Questions you may be considering:
Corporate Executives
Corporate executives often face decisions where career, company stock, taxes, liquidity, and family planning converge. Morgan works with executives to evaluate equity awards, restricted stock, stock options, trading windows, 10b5-1 plans, diversification, retirement timing, and broader wealth planning considerations in context.
Questions you may be considering:
Founders and Business Owners
Founders and business owners often spend years building enterprise value before facing a compressed period of important personal financial decisions. Morgan works with clients before, during, and after a business sale, IPO, recapitalization, or major liquidity event to help connect business success with personal wealth, family priorities, liquidity needs, and long-term investment strategy.
Questions you may be considering:
Capabilities
Significant wealth often requires more than a portfolio review. It requires coordinated thinking across investments, planning, liquidity, tax considerations, estate priorities, business interests, family goals, and decisions that unfold over time.
Morgan works with clients to evaluate these areas together, drawing on the broader capabilities of Bay Area Wealth Management Group and Morgan Stanley's global resources. He and the team use the firm's approved technology and AI-enabled tools to help organize complex information more efficiently, while Morgan's senior advisor judgment remains focused on interpreting that information, identifying priorities and helping clients make thoughtful decisions over time.
- Comprehensive wealth planning
- Estate and trust coordination
- Family governance and rising-generation education
- Tax-aware coordination with outside tax professionals
- Portfolio construction and asset allocation
- Manager due diligence and alternatives
- Concentration risk review
- Tax-aware investment and diversification considerations
- Restricted stock and stock options, and 10b5-1 plans
- Concentrated stock positions
- Pre- and post-liquidity planning
- Business sale or IPO planning
- Cash management and lending
- Residential mortgage lending
- Securities-based lending
- Coordination with CPAs, attorneys, trustees, and other advisors
- Documented follow-through
Wealth Planning & Family Strategy
Planning across lifestyle, family priorities, estate considerations, philanthropy legacy, and tax aware coordination.
AREAS OF FOCUS MAY INCLUDE
Investment Management & Portfolio Oversight
Portfolio construction, asset allocation, manager due diligence, alternatives, concentration risk, and ongoing review.
AREAS OF FOCUS MAY INCLUDE
Executive and Founder Planning
Strategic guidance for executives and founders navigating equity, liquidity, taxes, concentrated wealth, and transitions.
AREAS OF FOCUS MAY INCLUDE
Liquidity Lending & Coordination
Liquidity solutions and coordinated support with trusted advisors to keep planning and implementation aligned.
AREAS OF FOCUS MAY INCLUDE
Working With You
Working with Morgan begins with understanding what matters most — your family, your business, your responsibilities, your opportunities, and the decisions you are facing now and, in the years ahead.
From there, Morgan and the team work with you to organize the moving parts of your financial life, evaluate planning considerations, and support thoughtful implementation over time. Behind the process is the disciplined use of the firm's approved platform tools, which can help bring greater clarity, continuity, and context to each conversation — while keeping Morgan's judgment and understanding of your priorities at the center of the relationship.
- Goals, concerns, and decision points
- Family, business, and compensation considerations
- Liquidity needs and upcoming transitions
- Long-term intentions
- Accounts, assets, liabilities, and cash flow
- Concentrated positions and liquidity needs
- Estate, trust, and beneficiary structures
- Outside advisor relationships
- Governance context when applicable
- Investment and planning roadmap
- Portfolio construction and asset allocation
- Tax-aware diversification considerations
- Family, business, and legacy goals
- Coordination with outside advisors
- Account transitions and implementation details
- Lending, liquidity, and cash management solutions
- Aligned next steps
- Regular portfolio and planning reviews
- Updates around life, business, or liquidity events
- Ongoing review of concentrated stock and cash needs
- Continued coordination as priorities evolve
Understand Your Priorities
Before offering advice, Morgan takes time to understand the full context of your financial life.
WHAT THIS MAY INCLUDE
Organize the Full Picture
Complex wealth often involves many moving parts. Morgan and the team work with clients to bring those pieces into clearer view.
WHAT THIS MAY INCLUDE
Develop a Coordinated Strategy
Morgan works with clients to evaluate planning and investment considerations in context.
WHAT THIS MAY INCLUDE
Coordinate Thoughtful Implementation
Morgan and the team help clients move from planning to implementation with careful coordination and follow-through.
WHAT THIS MAY INCLUDE
Review and Refine Over Time
A wealth strategy should evolve as life evolves. Morgan and the team stay engaged as priorities change.
WHAT THIS MAY INCLUDE
Insights & Resources
Good decisions often begin with the right perspective. Morgan curates selected insights and resources that may be relevant to the kinds of financial decisions his clients often face — from family wealth planning and equity compensation to liquidity events, business transitions, tax-aware planning considerations, and long-term investment considerations.
Rather than serving as a broad article library, this section is intended to provide a focused starting point for topics that often matter to high-net-worth families, corporate executives, founders, and business owners as they evaluate family wealth, executive compensation, liquidity events, business transitions, tax-aware planning considerations, market perspectives, and cybersecurity.
For Families
Resources to help you plan for the future; including estate planning, wealth transfer, rising-generation preparation, and protecting what matters most.
For Corporate Executives
Resources to help you make informed decisions about executive compensation, company stock, concentrated positions, tax-aware planning, and liquidity decisions.
For Founders and Business Owners
Resources to help you plan for liquidity events, business transitions, sale or IPO preparation, managing proceeds, and what comes next.
Market Perspectives & Planning Resources
Markets, tax policy, interest rates, and investment opportunities continue to evolve. Morgan Stanley perspectives can provide useful context as you make decisions today that will shape your financial future.
Location
1333 N California Blvd
Suite 133
Walnut Creek, CA 94596
US
Direct:
(925) 746-2929(925) 746-2929
Toll-Free:
(877) 691-2929(877) 691-2929
Fax:
(925) 933-7715(925) 933-7715
Meet My Team
Ashley DeBenedetti
Wealth Management Associate
Phone:
(925) 746-2910(925) 746-2910
Luke McKernan
Registered Client Service Associate, Financial Planning Specialist*
Phone:
(925) 746-2978(925) 746-2978
Ledia Gesses
Client Service Associate
Phone:
(925) 746-2946(925) 746-2946
About Nina Chung
With over 25 years of experience in the financial services industry, Nina plays a central role in ensuring the strength and efficiency of the Bay Area Wealth Management team at Morgan Stanley. As Vice President and Group Director, Nina is responsible for the day-to-day operations and strategic coordination that allow the team to deliver exceptional service to every client.
Partnering closely with both financial advisors and clients to oversee onboarding, service workflows, compliance, and communication, Nina ensures that nothing falls through the cracks. Her deep industry knowledge, steady leadership, and attention to detail help maintain the team’s high-touch service model and reinforce client trust at every step of the relationship. She is often the first point of contact for clients with time-sensitive needs and plays a key role in making sure each client’s experience is smooth, responsive, and personalized.
Nina holds a B.A. in Economics from the University of California, Santa Cruz. She lives in the Bay Area with her husband and enjoys visiting the wine country spending time with her nieces and nephews, cheering for the Golden State Warriors, staying active with CrossFit, and relaxing with her beloved kitties. Nina is an active supporter of 13th Street Cat Rescue in San Jose and Community Concern for Cats in Walnut Creek.
If you have any questions or need assistance, you can reach Nina directly at:
Nina.Chung@morganstanley.com
(925) 746-2953
Partnering closely with both financial advisors and clients to oversee onboarding, service workflows, compliance, and communication, Nina ensures that nothing falls through the cracks. Her deep industry knowledge, steady leadership, and attention to detail help maintain the team’s high-touch service model and reinforce client trust at every step of the relationship. She is often the first point of contact for clients with time-sensitive needs and plays a key role in making sure each client’s experience is smooth, responsive, and personalized.
Nina holds a B.A. in Economics from the University of California, Santa Cruz. She lives in the Bay Area with her husband and enjoys visiting the wine country spending time with her nieces and nephews, cheering for the Golden State Warriors, staying active with CrossFit, and relaxing with her beloved kitties. Nina is an active supporter of 13th Street Cat Rescue in San Jose and Community Concern for Cats in Walnut Creek.
If you have any questions or need assistance, you can reach Nina directly at:
Nina.Chung@morganstanley.com
(925) 746-2953
About Ashley DeBenedetti
Ashley brings more than 15 years of experience in financial services to her role as Wealth Management Associate at Bay Area Wealth Management at Morgan Stanley. A graduate of California State University, Chico, with a B.A. in Marketing, Ashley is known for her poise, discretion, and deep commitment to client care.
As a senior member of the team, Ashley is a trusted resource for both clients and advisors. She plays a critical role in delivering the team’s high-touch service model—ensuring that clients receive timely, personalized, and thoughtful support. Her ability to anticipate needs, solve problems, and build lasting relationships makes her an integral part of the client experience.
A Bay Area native, Ashley enjoys spending time with her husband and two daughters in Lake Tahoe. Most weekends, you’ll find her cheering on her daughters at their sporting events.
If you have any questions or need assistance, you can reach Ashley directly at Ashley.DeBenedetti@morganstanley.com
As a senior member of the team, Ashley is a trusted resource for both clients and advisors. She plays a critical role in delivering the team’s high-touch service model—ensuring that clients receive timely, personalized, and thoughtful support. Her ability to anticipate needs, solve problems, and build lasting relationships makes her an integral part of the client experience.
A Bay Area native, Ashley enjoys spending time with her husband and two daughters in Lake Tahoe. Most weekends, you’ll find her cheering on her daughters at their sporting events.
If you have any questions or need assistance, you can reach Ashley directly at Ashley.DeBenedetti@morganstanley.com
About Luke McKernan
Born and raised in the San Francisco Bay Area, Luke McKernan is a Registered Client Service Associate and Financial Planning Specialist* with Morgan Stanley’s Bay Area Wealth Management team. He works closely with the team’s Financial Advisors to help provide a seamless client experience by responding to client requests, coordinating day-to-day operational needs, and assisting with account opening and ongoing service.
Luke earned Morgan Stanley’s Financial Planning Specialist designation, reflecting knowledge of the fundamentals of wealth accumulation and wealth management for high net worth individuals. This additional expertise strengthens his ability to support the team’s financial planning process and provide informed, coordinated client service. He also holds FINRA Series 7 and Series 66 registrations.
Luke earned his B.S. in Business Administration, with a concentration in Financial Management, from California Polytechnic State University, San Luis Obispo, where he played on the university’s rugby team for four years.
Outside of work, he enjoys golf, hiking, traveling, and spending time with family and friends. A lifelong Bay Area sports fan, he proudly supports his hometown teams.
If you have any questions or immediate concerns, please contact Luke directly at: Luke.Mckernan@morganstanley.com
(925) 746-2978
*Disclaimer: This role cannot solicit or provide investment advice
Luke earned Morgan Stanley’s Financial Planning Specialist designation, reflecting knowledge of the fundamentals of wealth accumulation and wealth management for high net worth individuals. This additional expertise strengthens his ability to support the team’s financial planning process and provide informed, coordinated client service. He also holds FINRA Series 7 and Series 66 registrations.
Luke earned his B.S. in Business Administration, with a concentration in Financial Management, from California Polytechnic State University, San Luis Obispo, where he played on the university’s rugby team for four years.
Outside of work, he enjoys golf, hiking, traveling, and spending time with family and friends. A lifelong Bay Area sports fan, he proudly supports his hometown teams.
If you have any questions or immediate concerns, please contact Luke directly at: Luke.Mckernan@morganstanley.com
(925) 746-2978
*Disclaimer: This role cannot solicit or provide investment advice
About Ledia Gesses
Ledia Gesses is a Client Service Associate with the Bay Area Wealth Management Group at Morgan Stanley. She joined the group in April 2026, and brings a strong foundation in economics and finance, along with a thoughtful, client-first mindset and a commitment to delivering an organized, responsive, and seamless service experience.
She earned her B.A. in Economics from Claremont McKenna College, graduating with honors including QuestBridge and McKenna Scholar. She complements her academic training with experience conducting competitive market analysis, developing clear, executive-ready communications, and strengthening internal workflows and reporting processes.
Outside of work, Ledia enjoys soccer, pickleball, and reformer Pilates. A Bay Area native, she enjoys exploring local restaurants with friends. She serves as a youth leader at her local church, where she mentors high school and college students and supports them through the college application process.
If you have any questions or immediate concerns, please contact Ledia directly at
Ledia.Gesses@morganstanley.com
(925) 746-2946
She earned her B.A. in Economics from Claremont McKenna College, graduating with honors including QuestBridge and McKenna Scholar. She complements her academic training with experience conducting competitive market analysis, developing clear, executive-ready communications, and strengthening internal workflows and reporting processes.
Outside of work, Ledia enjoys soccer, pickleball, and reformer Pilates. A Bay Area native, she enjoys exploring local restaurants with friends. She serves as a youth leader at her local church, where she mentors high school and college students and supports them through the college application process.
If you have any questions or immediate concerns, please contact Ledia directly at
Ledia.Gesses@morganstanley.com
(925) 746-2946
Wealth Management
Global Investment Office
Portfolio Insights
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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
A Simple Six-Step Retirement Checkup
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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
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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
529 Plans: A Powerful Tool to Save for Education
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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
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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
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 Morgan Becker today.
1Morgan 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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences 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.
3Morgan 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.
4Morgan 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.
5Morgan 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.
6Morgan 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.
7Morgan 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.
8Morgan 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.
9Morgan 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
10Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
11Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
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 and other legal matters.
12Alternative 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 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 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.
3Morgan 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.
4Morgan 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.
5Morgan 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.
6Morgan 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.
7Morgan 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.
8Morgan 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.
9Morgan 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
10Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
11Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
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 and other legal matters.
12Alternative 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.
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Awards Disclosures | Morgan Stanley
CRC 4665150 (8/2025)
