James Diaz
Associate Private Banker
Paul G. Walmsley
Vice President,
Financial Advisor,
Workplace Advisor - Equity Compensation,
Corporate Retirement Director
Direct:
(310) 443-0545(310) 443-0545
My Mission Statement
My goal is to help you win the game. With a strategic game plan and tactical adjustments along the way, we’ll work together to help you achieve your goals.
My Story and Services
When your compensation includes RSUs, stock options, or ESPPs, it’s not just income — it’s a strategy. And the stakes are high.
Maybe you're nearing a vesting cliff. Maybe you're wondering how (or when) to exercise your ISOs. Or maybe your 10b5-1 plan hasn’t been touched in a while, and you're not sure it still fits your goals.
It’s exciting — but also stressful.
You’ve worked hard to build this wealth. Now the question is: how do you make the most of it without costly mistakes?
That’s where we come in.
As a founder member of the Graystone Consulting West Los Angeles team at Morgan Stanley, I help executives and founders turn complex compensation into clear, actionable strategies — from equity modeling to tax coordination to liquidity planning.
Our clients lead biotech, therapeutics, tech, and high-growth companies, and often reach out right before a major inflection point.
We don’t do guesswork. We coordinate with your CPA, your attorney, and your goals — and give you a plan that adapts as your career evolves.
Beginning my career in Financial Services in 1990 — and over 40 years coaching soccer — I believe in having a game plan, adjusting when needed, and staying calm when the pressure is on.
🟢 If you've been waiting to find someone who truly understands this world — the complexities, the stakes, the emotion behind it — let’s talk.
I hold a bachelor’s degree from the University of Aberdeen in Scotland. I attended the University of Illinois as a foreign exchange student my junior year. I am also a CPFA® (Certified Plan Fiduciary Advisor)
I live in Beverly Hills, California and travel in my RV at every opportunity.
Maybe you're nearing a vesting cliff. Maybe you're wondering how (or when) to exercise your ISOs. Or maybe your 10b5-1 plan hasn’t been touched in a while, and you're not sure it still fits your goals.
It’s exciting — but also stressful.
You’ve worked hard to build this wealth. Now the question is: how do you make the most of it without costly mistakes?
That’s where we come in.
As a founder member of the Graystone Consulting West Los Angeles team at Morgan Stanley, I help executives and founders turn complex compensation into clear, actionable strategies — from equity modeling to tax coordination to liquidity planning.
Our clients lead biotech, therapeutics, tech, and high-growth companies, and often reach out right before a major inflection point.
We don’t do guesswork. We coordinate with your CPA, your attorney, and your goals — and give you a plan that adapts as your career evolves.
Beginning my career in Financial Services in 1990 — and over 40 years coaching soccer — I believe in having a game plan, adjusting when needed, and staying calm when the pressure is on.
🟢 If you've been waiting to find someone who truly understands this world — the complexities, the stakes, the emotion behind it — let’s talk.
I hold a bachelor’s degree from the University of Aberdeen in Scotland. I attended the University of Illinois as a foreign exchange student my junior year. I am also a CPFA® (Certified Plan Fiduciary Advisor)
I live in Beverly Hills, California and travel in my RV at every opportunity.
Securities Agent: NY, MN, CT, UT, HI, FL, CA, TN, SC, AZ, OR, MI, MA, AK, TX, SD, ME, DE, MD, VA, NH, NC, CO, PA, IL, GA, OH, WA, NV, NJ, IN, WV; General Securities Representative; Investment Advisor Representative
NMLS#: 1729383
CA Insurance License #: #0M28229
NMLS#: 1729383
CA Insurance License #: #0M28229
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Graystone West Los Angeles
We are a local team of professionals within a global organization. We have access to significant resources and the support of one of the world's largest and well-capitalized financial services firms.
Graystone West Los Angeles
-Customized equity compensation advisory and goals based financial planning
-Asset allocation and investment management
-Tax minimizing strategies
-Estate planning and wealth transfer strategies
-Fiduciary consulting and governance services
-Plan design advisory for defined contribution, equity compensation, and non-qualified deferred compensation plans
-Corporate financial wellness programs
-Asset allocation and investment management
-Tax minimizing strategies
-Estate planning and wealth transfer strategies
-Fiduciary consulting and governance services
-Plan design advisory for defined contribution, equity compensation, and non-qualified deferred compensation plans
-Corporate financial wellness programs
Graystone Consulting
-Asset Allocation/global Investment committee: 8 committee members
-Alternative investment research managers across MS and its affiliates:
-100+ professionals
-MS & co. LLC analysts and strategists
-300+ professionals covering 3,000+ companies
-Alternative investment research managers across MS and its affiliates:
-100+ professionals
-MS & co. LLC analysts and strategists
-300+ professionals covering 3,000+ companies
Morgan Stanley
-60+ Graystone teams worldwide
-Decades of experience guiding institutional clients as a fiduciary, with roots dating back to 1973
-$450+ billion in institutional consulting assets*
-Our scale gives us broad access and favorable asset manager pricing
-Process-driven services include plan review, asset allocation, manager selection, custody, operations and reporting
*Source: As of December 31,2021. Morgan Stanley Quarterly Earnings report
-Decades of experience guiding institutional clients as a fiduciary, with roots dating back to 1973
-$450+ billion in institutional consulting assets*
-Our scale gives us broad access and favorable asset manager pricing
-Process-driven services include plan review, asset allocation, manager selection, custody, operations and reporting
*Source: As of December 31,2021. Morgan Stanley Quarterly Earnings report
Our Process
We follow a disciplined six-step process to help you create, implements and maintain a highly customized and comprehensive wealth management plan based on your needs and objectives
Discovery process
We learn all we can about your family's goals, challenges and financial complexities as well as your executive compensation and equity awards. This robust understanding helps us formulate specific strategies and helps us customize the entire relationship to your preferences and requirements.
Formulation of tax and estate strategy
After reviewing your balance sheet and existing estate plan, we work with your tax and legal advisors to help analyze your income and estate tax circumstances. Our goal is to identify investment planning techniques that may be effectively tailored to your personal and financial objectives.
Creation of customized strategic asset allocation
We help you develop a customized asset allocation mix that reflects risk, opportunities and taxation across multiple entities. This asset allocation becomes the basis for a long term strategy.
Integration of tactical asset allocation
These short term adjustments in asset allocations seek to take advantage of opportunities created by temporary market distortions. Before adjustments are made, we can analyze the potential impact of any taxes or trading costs on potential returns.
Implementation of a customized investment strategy
After comprehensive due diligence and extensive analysis across a range of hypothetical market scenarios, investment strategies from our global investment platform are combines to create your portfolio. Our open architecture platform includes solutions by many of the worlds most respected managers as well as proprietary strategies developed by Morgan Stanley.
Ongoing assessment of wealth management needs
Coordination with you and your other advisors we can conduct ongoing reviews and comprehensive reporting to ensure that your strategy adapts to changing financial and family needs.
Executive Financial Services
Support for executives and key insiders
Execution services
-Sale of restricted, control and large concentrated positions
-Legal due diligence and guidance for regulatory compliance
-Form 144 fillings as needed
-Form 4 execution details
-Removal of restrictive legends
-Transfer of shares/certificates
-Legal due diligence and guidance for regulatory compliance
-Form 144 fillings as needed
-Form 4 execution details
-Removal of restrictive legends
-Transfer of shares/certificates
10b5-1 Plans
-deep experience in SEC rules and regulations governing executive transactions
-guidance on insider trading policies
-education of 10b5-1 and industry practices
-Strategies for concentrated liquidity events and sales by multiple insiders
-Centralized team for monitoring and executing 10b5-1 plans
-guidance on insider trading policies
-education of 10b5-1 and industry practices
-Strategies for concentrated liquidity events and sales by multiple insiders
-Centralized team for monitoring and executing 10b5-1 plans
Purchasing
-purchasing company stock by key insiders during open window or as part of a 10b5-1
-accessing rule 10b-18 safe harbor against claims of market manipulation
-accessing rule 10b-18 safe harbor against claims of market manipulation
Gifts
-gifting of restricted stock to individuals, funds, foundations or organizations
-coordination with issuer policies
-reregistration of shares
-access to donor-advised funds
-coordination with issuer policies
-reregistration of shares
-access to donor-advised funds
Equity Award Question Answers
Wealth creation for public company C-suite executives is bound inextricably to their company’s stock price—and for good reason: making share price returns a critical driver of executive compensation is a way for corporate boards and shareholders to align management’s focus with company performance, but what does this mean for your financial planning?
Diversification Strategies for Public Company Executives
Equity awards can lead to executives’ investment portfolios becoming concentrated in a single stock. As a consequence, executives’ income (through their employment) and net worth (via their equity holdings) can face material idiosyncratic risk. Learn what you can do to help optimize your portfolio for your circumstances.
Learn more about Diversification Strategies
What to Expect When You're Expecting to Go Public
For start-up founders and executives, an impending exit can be both exciting and overwhelming. A successful exit provides the opportunity to reap the benefits of hard work, but founders may miss out on opportunities due to the inherent complexity of liquidity events.
Read the Transaction Readiness Checklist
Why Work With a Corporate Retirement Director
At Morgan Stanley, we understand the complexities of the retirement landscape and have developed the Corporate Retirement Director program, an exclusive program for Financial Advisors committed to meeting the demanding needs of today’s plan sponsors.
Read more about Corporate Retirement DirectorLocation
10960 Wilshire Blvd
Ste 2000
Los Angeles, CA 90024
US
Direct:
(310) 443-0545(310) 443-0545
9665 Wilshire Boulevard
Suite 600
Beverly Hills, CA 90212
US
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
Molly Sakahara, CFP®
Financial Planning Director, Assistant Vice President
About James Diaz
James Diaz 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.
James began his career in financial services in 2005 and joined Morgan Stanley in 2021 as an Associate Private Banker. Prior to joining the firm, he was a Private Client Banker at JP Morgan Chase. He also served as a Personal Banker at Wells Fargo Bank, N.A.
James lives in Long Beach, California. Outside of the office, he enjoys traveling, playing the guitar, and trying new restaurants.
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.
James began his career in financial services in 2005 and joined Morgan Stanley in 2021 as an Associate Private Banker. Prior to joining the firm, he was a Private Client Banker at JP Morgan Chase. He also served as a Personal Banker at Wells Fargo Bank, N.A.
James lives in Long Beach, California. Outside of the office, he enjoys traveling, playing the guitar, and trying new restaurants.
NMLS#: 943515
About Molly Sakahara
Molly Sakahara is a vice president and financial planning director, serving Morgan Stanley Wealth Management offices in the greater Los Angeles area. She is responsible for helping financial advisors with their clients' and prospects' financial planning needs.
Molly began her career in financial services in 1999 and joined Morgan Stanley in 2015. Prior to her current position, she held positions in wealth management and private banking with an emphasis on helping individuals achieve long-term life goals and understanding clients’ value system in relation to their wealth.
Molly graduated from UCLA and holds her CERTIFIED FIANCIAL PLANNER™ designation, California insurance state licensing, and Series 7 and 65 licenses. She currently resides in South Pasadena, CA, with her spouse and two children.
DISCLOSURE:
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan 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.
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.
© 2026 Morgan Stanley Smith Barney LLC. Member SIPC.
Molly began her career in financial services in 1999 and joined Morgan Stanley in 2015. Prior to her current position, she held positions in wealth management and private banking with an emphasis on helping individuals achieve long-term life goals and understanding clients’ value system in relation to their wealth.
Molly graduated from UCLA and holds her CERTIFIED FIANCIAL PLANNER™ designation, California insurance state licensing, and Series 7 and 65 licenses. She currently resides in South Pasadena, CA, with her spouse and two children.
DISCLOSURE:
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan 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.
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.
© 2026 Morgan Stanley Smith Barney LLC. Member SIPC.
Private Banking Group (PBG) Market Managers, Senior Private Bankers, Private Bankers, and Associate Private Bankers are employees of Morgan Stanley Private Bank, National Association.
Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC.
Morgan 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
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan 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.
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.
Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC.
Morgan 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
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan 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.
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.
Wealth Management
Global Investment Office
Portfolio Insights
This is a video content
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
Iran Conflict: Seven Takeaways for Investors
Article Image
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
What to Do If You Are Off Track on Your Goals
Article Image
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.
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
Article Image
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
Article Image
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
Article Image
Ready to start a conversation? Contact Paul G. Walmsley today.
1Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
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 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.
3Morgan 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
4Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
5Alternative 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.
6When 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.
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 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.
3Morgan 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
4Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
5Alternative 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.
6When 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.
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), 4763067 (9/2025)
