Senior Vice President, Financial Advisor, Family Wealth Advisor, Certified Investment Management Analyst
Phone:
(415) 482-1515(415) 482-1515
Pacific Paragon Group at Morgan Stanley
Direct:
(415) 460-6207(415) 460-6207
Toll-Free:
(800) 505-1220(800) 505-1220
Our Mission Statement
Working with you to preserve and grow your family's wealth to meet your long-term goals
Pacific Paragon Group at Morgan Stanley
Pacific Paragon Group at Morgan Stanley, formerly The Terhune Group, has been helping individual investors make wise practical financial decisions since 1986. Pacific Paragon Group’s goal is to thoroughly understand our clients’ financial needs and to align resources to help clients meet or exceed those needs. For us, financial planning means not only providing clients with investment advice, but also assisting them maintain the financial independence they’ve worked their whole lives to achieve. Pacific Paragon Group is comprised of a unique team of financial advisors with diverse backgrounds and experience in order to offer you, our client, a well-rounded and holistic wealth management experience. We help clients evaluate and address near-term concerns and plan for long-term goals. Working with a wide variety of investment companies, our team aims to develop and execute financial and investment strategies that are individualized and comprehensive. We often consult with clients’ income tax professionals and estate planning attorneys. We have extensive experience working with private Fiduciaries and assisting their beneficiaries in identifying and reaching their financial goals. We understand the implications of the Uniform Prudent Investors Act (UPIA) and the standards, accounting needs, and tax requirements Fiduciaries must maintain.
Services Include
- Trust AccountsFootnote1
- Estate Planning StrategiesFootnote2
- Planning for Individuals with Special Needs and their Families
- Exchange Traded FundsFootnote3
- Financial PlanningFootnote4
- Lending Products
- Municipal BondsFootnote5
- Professional Portfolio ManagementFootnote6
- Retirement PlanningFootnote7
- Wealth Consulting
- Wealth ManagementFootnote8
- Wealth PlanningFootnote9
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Upcoming Firm Events
We hope you will join us for this upcoming event.
U.S. Policy Pulse: Trump 2.0 and the Markets
DATE: February 25, 2025 at 4:15 p.m. ETJoin Morgan Stanley Wealth Management Chief Investment Officer, Lisa Shalett, on Tuesday, February 25, for a conversation with Chief Economic Strategist and Global Head of Thematic and Macro Investing, Ellen Zentner, and Head of U.S. Public Policy, Monica Guerra, on the top policy and regulatory actions that could impact investors in the months ahead.
CRC4192005 02/2025
Online
Experience
Erick Sorensen, CIMA®, CPWA®, Senior Vice President, Family Wealth Advisor, Investment Management Analyst - With more than 25 years of Financial Services Industry experience Erik serves the sophisticated needs of Business Owners, Families and Foundations. Prior to joining Morgan Stanley, Erik was Senior Financial Advisor, Senior Vice President - Investments, with Wells Fargo Advisors. He was designated a member of Wells Fargo Advisors Premier Advisors Program in 2013, at the highest, Chairman's Council level.
David V. Caprio, First Vice President, Financial Advisor. - David has been with Morgan Stanley since 2004. He started in the business with his father whose career at Morgan Stanley in Marin County spanned over 25 years.
Chad Merschat, Senior Vice President, Financial Advisor. - Chad joined Morgan Stanley in 2004. He joined The Pacific Paragon Group which was then The Terhune Group at Morgan Stanley as a Registered Client Service Associate in 2005.
Julie Streicher, Senior Client Service Associate. - Julie has been assisting Financial Advisors and their clients at Morgan Stanley since 1997.
David V. Caprio, First Vice President, Financial Advisor. - David has been with Morgan Stanley since 2004. He started in the business with his father whose career at Morgan Stanley in Marin County spanned over 25 years.
Chad Merschat, Senior Vice President, Financial Advisor. - Chad joined Morgan Stanley in 2004. He joined The Pacific Paragon Group which was then The Terhune Group at Morgan Stanley as a Registered Client Service Associate in 2005.
Julie Streicher, Senior Client Service Associate. - Julie has been assisting Financial Advisors and their clients at Morgan Stanley since 1997.
Working With You
The Pacific Paragon Group assists clients who are in or approaching retirement or have received an inheritance make wise financial and investment decisions. We work with together to create and achieve financial goals, manage investment risk, and minimize taxes and costs.
Having been at one firm for many years, we are able to draw up the deep personnel resources and expertise at Morgan Stanley to match the complexity of clients financial, estate, and charitable intent situations.
The Pacific Paragon Group's goals are to protect your principal first and grow your money second.
Having been at one firm for many years, we are able to draw up the deep personnel resources and expertise at Morgan Stanley to match the complexity of clients financial, estate, and charitable intent situations.
The Pacific Paragon Group's goals are to protect your principal first and grow your money second.
Our Clients
The Pacific Paragon Group assists families to navigate a multitude of financial events including retirement, education planning, trusts, receiving an inheritance, changing jobs, or purchasing a home.
We also work with professionals and business owners to create financial solutions for both their business and personal finances.
Working with private Fiduciaries is one of our specialties. We assist their beneficiary's in identifying and reaching their financial goals. We understand the implications of the Uniform Prudent Investors Act (UPIA) and the standards, accounting needs, and tax requirements Fiduciaries must maintain.
We also work with professionals and business owners to create financial solutions for both their business and personal finances.
Working with private Fiduciaries is one of our specialties. We assist their beneficiary's in identifying and reaching their financial goals. We understand the implications of the Uniform Prudent Investors Act (UPIA) and the standards, accounting needs, and tax requirements Fiduciaries must maintain.
Location
1101 5th Avenue
Ste 275
San Rafael, CA 94901
US
Direct:
(415) 460-6207(415) 460-6207
Toll-Free:
(800) 505-1220(800) 505-1220
Meet Pacific Paragon Group
David V Caprio
First Vice President, Financial Advisor, Family Wealth Advisor, Portfolio Manager, Insurance Planning Director
Phone:
(415) 482-1517(415) 482-1517
Chad Merschat
Vice President, Financial Advisor
Phone:
(415) 482-1506(415) 482-1506
Julie Streicher
Senior Client Service Associate
Phone:
(415) 482-1507(415) 482-1507
About Erik Sorensen
With more than 25 years of Financial Services Industry experience, Erik Sorensen, Senior Vice President, Portfolio Management Director, serves the sophisticated needs of Business Owners, Families and Foundations. He does this by providing a comprehensive, fee based planning and investment strategy that helps his clients build, manage, preserve and transition wealth.
Erik is an active member of IMCA, Investment Management Consultants Association, and has attained the CIMA®, Certified Investment Management Analyst ®SM certification after completing a graduate-level curriculum with the Wharton School of Business, University of Pennsylvania. As a capstone to his professional education, Erik attained the CPWA®, Certified Private Wealth Advisor® certification after completing a graduate-level curriculum at the Chicago Booth School of Business, Executive Education.
Prior to joining Morgan Stanley, Erik was Senior Financial Advisor, Senior Vice President - Investments, with Wells Fargo Advisors. Outside of work you will find Erik engaged in volunteer work for his favorite charitable causes or hiking, cycling or sailing with his wife and their two sons.
Erik is an active member of IMCA, Investment Management Consultants Association, and has attained the CIMA®, Certified Investment Management Analyst ®SM certification after completing a graduate-level curriculum with the Wharton School of Business, University of Pennsylvania. As a capstone to his professional education, Erik attained the CPWA®, Certified Private Wealth Advisor® certification after completing a graduate-level curriculum at the Chicago Booth School of Business, Executive Education.
Prior to joining Morgan Stanley, Erik was Senior Financial Advisor, Senior Vice President - Investments, with Wells Fargo Advisors. Outside of work you will find Erik engaged in volunteer work for his favorite charitable causes or hiking, cycling or sailing with his wife and their two sons.
Securities Agent: PA, MT, TX, WA, UT, MN, SC, MI, KY, OR, MA, VA, NV, NY, IN, CO, HI, ID, DE, GA, CA, IA, FL, AZ, MO, IL, NM, OK, OH; General Securities Representative; Investment Advisor Representative
NMLS#: 1288231
NMLS#: 1288231
About David V Caprio
David has been with Morgan Stanley since 2004 and appointed a First Vice President. He started in the business with his father whose career at Morgan Stanley in Marin County spanned over 25 years. Growing up in Marin County, David currently resides in Castro Valley with his wife, two sons and daughter. David enjoys the discipline of martial arts and has a black belt in Gracie Brazilian jiu-jitsu.
David's experience as part of Pacific Paragon Group at Morgan Stanley is portfolio allocation as well as variable annuity strategies. David builds personalized investment portfolios utilizing the high end programs and vast investment solutions that Morgan Stanley provides. He inputs the information gathered by members of The Pacific Paragon Group to create the best strategy to assist in meeting the financial goals.
David's experience as part of Pacific Paragon Group at Morgan Stanley is portfolio allocation as well as variable annuity strategies. David builds personalized investment portfolios utilizing the high end programs and vast investment solutions that Morgan Stanley provides. He inputs the information gathered by members of The Pacific Paragon Group to create the best strategy to assist in meeting the financial goals.
Securities Agent: IN, AZ, CA, CO, FL, GA, HI, ID, IL, MA, MI, MN, MO, MT, NC, NM, NV, NY, OH, OR, PA, TX, UT, WA; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1288066
NMLS#: 1288066
About Chad Merschat
Chad joined Morgan Stanley in 2004 and began working with Jerry Terhune in 2005. He provides tailored service and thoughtful, proactive assistance to clients. Chad has extensive experience handling the complex needs of financially successful families and works to create customized strategies helping clients live the lifestyle they choose and plan for a smooth transition from one generation to the next. Chad was appointed Assistant Vice President in 2016 and Vice President in 2020. Chad spent two years in Central Asia in the US Peace Corps. Chad holds a Bachelor’s Degree in History. He resides in Orinda and enjoys running, mountain biking and spending time with his wife and two boys.
Securities Agent: MT, CO, HI, IN, IL, TX, OH, MO, CA, NV, ID, FL, AZ, AR, OR, MA, PA, MI, WY, WA, NM, MN, GA, NY; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 2161892
NMLS#: 2161892
About Julie Streicher
Julie has been assisting Financial Advisors and their clients at Morgan Stanley since 1997. She was promoted to Senior Service Assistant in 1998 and joined what was then The Terhune Group and is now Pacific Paragon Group as a Senior Client Service Associate in 2003. Julie has attained Morgan Stanley Branch recognition for excellent client Service.
Contact Erik Sorensen
Contact David V Caprio
Contact Chad Merschat
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
Farbod Farman
Associate Private Banker
About Farbod Farman
Farbod Farman is an Associate Private Banker serving Morgan Stanley Wealth Management offices in California.
Associate Private Bankers partner with Private Bankers and 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.
Farbod began his career in financial services in 2015, and joined Morgan Stanley in 2022 as an Associate Private Banker. Prior to joining the firm, he was an Associate Banker at Citi Private Bank. He also served as a Brokerage Associate at Wells Fargo.
Farbod is a graduate of the Hawaii Pacific University, where he received a Bachelor of Science in Business Administration with a concentration in International Business, and Missouri State University – West Plains, where he received his Associate in Arts degree in General Studies. He lives in San Rafael, California with his spouse. Outside of the office, Farbod enjoys working out, playing video games, watching movies, spending time with his family, volunteering and traveling. Farbod played basketball in college in the US, and for the Iranian National Team and represented them in many international tournaments including Asian Championship Cup and the World Cup.
Associate Private Bankers partner with Private Bankers and 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.
Farbod began his career in financial services in 2015, and joined Morgan Stanley in 2022 as an Associate Private Banker. Prior to joining the firm, he was an Associate Banker at Citi Private Bank. He also served as a Brokerage Associate at Wells Fargo.
Farbod is a graduate of the Hawaii Pacific University, where he received a Bachelor of Science in Business Administration with a concentration in International Business, and Missouri State University – West Plains, where he received his Associate in Arts degree in General Studies. He lives in San Rafael, California with his spouse. Outside of the office, Farbod enjoys working out, playing video games, watching movies, spending time with his family, volunteering and traveling. Farbod played basketball in college in the US, and for the Iranian National Team and represented them in many international tournaments including Asian Championship Cup and the World Cup.
NMLS#: 1619986
Wealth Management
From Our Team
Sample LifeView Financial Plan
Wealth Management
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Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Are You Prepared for Tax Day?
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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
Donor Advised Funds: A Smart Way to Manage Your Giving
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Ready to start a conversation? Contact Pacific Paragon Group today.
1Morgan 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.
2Morgan 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.
3An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
4Morgan 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.
5Municipal 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.
6Morgan 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.
7When 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.
8Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
9Morgan 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.
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 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.
3An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
4Morgan 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.
5Municipal 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.
6Morgan 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.
7When 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.
8Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
9Morgan 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.
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)
