Richard J. Hazzouri, CFA, CPWA®, QPFC
Executive Director,
Financial Advisor,
Senior Institutional Consultant,
Investing with Impact Director,
Alternative Investments Director,
Government Entity Specialist
Direct:
(570) 821-1848(570) 821-1848
Toll-Free:
(800) 342-2393(800) 342-2393
Industry Award WinnerMy Mission Statement
"We take great pride not only in the quality of our advice, but also in the depth of the relationships we build with our clients. That's our commitment to you." —Richard Hazzouri
The Hazzouri Group
At The Hazzouri Group we offer a combination of a high-touch boutique like client experience with the depth and breadth of resources of one of the world’s largest and well-established financial services firms.
Since 2004 our team has helped our clients establish clarity around their financial wellbeing. The Hazzouri Group’s holistic approach provides long-term strategies that help our clients achieve their evolving goals. Our practice is designed with the goal to provide strategies that are actively refined and can be tailored to each client’s unique circumstance.
With an average of 20 years of experience, our team has come together with a singular focus – serving our clients. Our perspectives have been shaped by experience in all market environments and we have first-hand understanding in a true client-centered service approach.
Thank you for taking the time to learn more about our team.
Since 2004 our team has helped our clients establish clarity around their financial wellbeing. The Hazzouri Group’s holistic approach provides long-term strategies that help our clients achieve their evolving goals. Our practice is designed with the goal to provide strategies that are actively refined and can be tailored to each client’s unique circumstance.
With an average of 20 years of experience, our team has come together with a singular focus – serving our clients. Our perspectives have been shaped by experience in all market environments and we have first-hand understanding in a true client-centered service approach.
Thank you for taking the time to learn more about our team.
Services Include
- Wealth ManagementFootnote1
- Endowments and FoundationsFootnote2
- Estate Planning StrategiesFootnote3
- Financial PlanningFootnote4
- Institutional ServicesFootnote5
- Philanthropic ManagementFootnote6
- Planning for Individuals with Special Needs and their Families
- Qualified Retirement PlansFootnote7
- Retirement PlanningFootnote8
- Trust ServicesFootnote9
Securities Agent: MA, AR, LA, IL, MD, WI, MI, AZ, AK, WA, UT, DE, CA, VA, OR, NY, NC, GA, CO, VT, TX, PA, CT, MO, RI, OH, FL, SC, NJ, NH; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1268257
NMLS#: 1268257
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Private Client Focus
For over 20 years our team has designed and implemented strategies for a vast array of clients. With diverse backgrounds, varying goals, and service needs unique to their individual situations we have developed a comprehensive service model.
We have worked with clients who:
• Understand and embrace the value of long term financial planning and are able to articulate their goals
• View their financial plan as a evolving document that is continually updated as their financial objectives change.
• Are looking for a team that can provide a comprehensive strategy. Our client’s financial plan becomes the roadmap for their retirement years and aspirational goals
• Wants a team that is made up of professionals with varied views, and has first-hand experience navigating all types of market environments
We have worked with clients who:
• Understand and embrace the value of long term financial planning and are able to articulate their goals
• View their financial plan as a evolving document that is continually updated as their financial objectives change.
• Are looking for a team that can provide a comprehensive strategy. Our client’s financial plan becomes the roadmap for their retirement years and aspirational goals
• Wants a team that is made up of professionals with varied views, and has first-hand experience navigating all types of market environments
Common goals of our clients over the years include:
- Fully fund retirement
- Plan for children’s education funds
- Create a strategy and roadmap for the transfer of wealth to the next generation
- Develop a strategy that can meet their individual values even if that includes making an impact through investing (with a focus on environmental or social, issues)
- Would like a comprehensive financial plan
Wealth Services for Families and Individuals
- Wealth Consulting
- Wealth Management
- Estate Planning Strategies
- Financial Planning
- Philanthropic Services
- Planning for Individuals with Special Needs and their Families
- Retirement Planning
- Trust Services
- Education Planning
Institutional Client Focus
As a testament to our disciplined approach our average institutional client relationship is over 10 years long. We have provided objective investment advice to many types of institutional investors:
• Healthcare organizations
• Endowments
• Foundations
• Family offices
• Religious organizations
• State and local governments
• Defined Benefit plans
• Defined Contribution plans
• Taft-Hartley plans
• Public plans
• Healthcare organizations
• Endowments
• Foundations
• Family offices
• Religious organizations
• State and local governments
• Defined Benefit plans
• Defined Contribution plans
• Taft-Hartley plans
• Public plans
Depth of Resources
- Morgan Stanley's Assets Under Management: $8.2 Trillion - as of 06/25
Institutional Services
- Business Planning
- Retirement Plan Sponsors
- Qualified Retirement Plans
- Pension Funds
- Endowments and Foundations
- Impact Investing (ESG)
- Robust Alternative Investments Platform
- Trustee Orientation & Reporting
- Return & Risk Forecasting
- Provides Regular Insights on Capital Markets
- An Extensive Library of Manager Reports and Analysis
2025 Tax Information
If you're in the process of preparing your taxes, below you'll find the Morgan Stanley 2025 Tax Tables. Here you'll find the 2025 tax rates, as well as important dates for various tax filings. Be sure to click the arrow to the right of the picture to scroll through to the second page for additional information.
Community & Recognition
At The Hazzouri Group, we share our clients' commitment to generously supporting the causes and communities they are passionate about. Here are just some of the organizations to which our team members devote their money and time, along with the recognitions the team has received.
Richard Hazzouri Named to Forbes’ List of America’s Best-in-State Wealth Advisors 2018-2025
The wealth advisors highlighted in the seventh annual Forbes | SHOOK Best-In-State Advisors ranking collectively oversee $16.7 trillion in assets and stand out for their track records in navigating uncertain times. Forbes’ rankings were compiled by SHOOK Research, which uses a combination of quantitative metrics and qualitative insights, including in-depth interviews with firm-nominated candidates.
Forbes Best-In-State Wealth Advisors (2018-2025)
Source: Forbes.com (Awarded 2018-2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
morganstanley.com/disclosures/awards-disclosure
Read MoreForbes Best-In-State Wealth Advisors (2018-2025)
Source: Forbes.com (Awarded 2018-2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
morganstanley.com/disclosures/awards-disclosure
Boys and Girls Club of Northeastern Pennsylvania
Boys and Girls Club of Northeastern Pennsylvania Foundation Board
Boys and Girls Club of Northeastern Pennsylvania Foundation Board
Pennsylvania Association of Public Employee Retirement Systems (PAPERS) – Corporate Advisory Board Member
Barron’s in Education
Boys and Girls Club of Northeastern PA - Board Member
Barron’s in Education
Boys and Girls Club of Northeastern PA - Board Member
Alternative Investment Advisory Board
Senior Institutional Consultant Advisory Board
Senior Institutional Consultant Advisory Board
Firm Titles and Industry Designations
Alternative Investments Director
Corporate Retirement Director
Financial Wellness Director
Government Entities Specialist
Investing with Impact Director
Senior Institutional Consultant
Chartered Financial Analyst
Certified Private Wealth Advisor®
Qualified Plan Financial Consultant
Corporate Retirement Director
Financial Wellness Director
Government Entities Specialist
Investing with Impact Director
Senior Institutional Consultant
Chartered Financial Analyst
Certified Private Wealth Advisor®
Qualified Plan Financial Consultant
The Hazzouri Group Named to Forbes' List of America's Best-In-State Wealth Management Teams 2024-2025
Our 2025, Forbes Best-In-State Wealth Management Teams List spotlights more than 5,300 teams with cumulative assets of $7 trillion. Forbes’ rankings were compiled by SHOOK Research, which uses financial data and interviews candidates nominated by their firms.
Forbes Best-In-State Wealth Management Teams (2025)
Source: Forbes (Awarded Jan 2025) Data compiled by SHOOK Research LLC for the period 3/31/23-3/31/24
https://www.morganstanley.com/disclosures/awards-disclosure.html
Read MoreForbes Best-In-State Wealth Management Teams (2025)
Source: Forbes (Awarded Jan 2025) Data compiled by SHOOK Research LLC for the period 3/31/23-3/31/24
https://www.morganstanley.com/disclosures/awards-disclosure.html
Client Service Team
Roxanne T Flannery - Portfolio Associate*
Phone:
(570) 821-1827(570) 821-1827
Email:Roxanne.T.Flannery@morganstanley.com
Roxanne Flannery is a Portfolio Associate with the Hazzouri Group at Morgan Stanley, where she effectively manages the operational logistics for a diverse clientele of families and professionals. She plays a crucial role in creating an efficient workflow for our practice and significantly impacts how clients view their finances and future goals through attentive listening and tailored strategies. Her meticulous attention to detail seeks to ensure our clients’ complete success and establishes her as a key team player that is dedicated and relied upon by both clients and staff for her unwavering support.
Roxanne’s responsibilities include opening accounts, transferring assets, arranging cash distributions, and executing trades. She began her career at First Eastern Bank in operations and facilities management before joining Morgan Stanley in 1995. Roxanne holds the General Securities Representative license (Series 7) and has passed the Uniform Combined State Law Examination (Series 66).
As a member of the Association of Professional Investment Consultants, (APIC), Roxanne is part of a dedicated group of Morgan Stanley professionals that are committed to professionalism in consulting.
A resident of Wilkes-Barre, Roxanne and her husband Tom have two sons, Connor and Shane. Outside of work, she actively contributes to her community, serving on the Social Concerns Group at Corpus Christi Parish.
*This role cannot solicit or provide investment advice.
Roxanne’s responsibilities include opening accounts, transferring assets, arranging cash distributions, and executing trades. She began her career at First Eastern Bank in operations and facilities management before joining Morgan Stanley in 1995. Roxanne holds the General Securities Representative license (Series 7) and has passed the Uniform Combined State Law Examination (Series 66).
As a member of the Association of Professional Investment Consultants, (APIC), Roxanne is part of a dedicated group of Morgan Stanley professionals that are committed to professionalism in consulting.
A resident of Wilkes-Barre, Roxanne and her husband Tom have two sons, Connor and Shane. Outside of work, she actively contributes to her community, serving on the Social Concerns Group at Corpus Christi Parish.
*This role cannot solicit or provide investment advice.
Vince Rocco, CFA - Registered Client Service Associate
Phone:
(570) 821-1847(570) 821-1847
Email:Vincent.Rocco@morganstanley.com
Vince Rocco is a seasoned finance professional with a background in financial analysis, education, and client services. At Morgan Stanley, Vince Rocco applies his insight as a Performance Analyst, focusing in evaluating mutual fund performance, asset allocation for institutional and private clients, and portfolio rebalancing for institutional clients. His prior role as a proprietary equity trader helped hone his skills in risk management, technical analysis, and strategic trading.
At the University of Scranton, he serves as the Faculty Specialist and Head of the Alperin Financial Lab, where he has completed courses in Finance, Excel applications, Data visualization, and Bloomberg. Known for his innovative teaching methods and dedication to student success, he has also contributed to research initiatives and strategic committees.
A Chartered Financial Analyst (CFA), Vince is passionate about leveraging his extensive experience to drive success and foster a culture of continuous learning and development. He holds a Bachelor of Science in Finance from Saint Joseph’s University.
At the University of Scranton, he serves as the Faculty Specialist and Head of the Alperin Financial Lab, where he has completed courses in Finance, Excel applications, Data visualization, and Bloomberg. Known for his innovative teaching methods and dedication to student success, he has also contributed to research initiatives and strategic committees.
A Chartered Financial Analyst (CFA), Vince is passionate about leveraging his extensive experience to drive success and foster a culture of continuous learning and development. He holds a Bachelor of Science in Finance from Saint Joseph’s University.
Erin Oravic, CRPC® - Registered Client Service Associate, Financial Planning Specialist
Phone:
(570) 819-8001(570) 819-8001
Email:Erin.Oravic@morganstanley.com
Erin Oravic is a Registered Client Service Associate and Financial Planning Specialist with the Hazzouri Group at Morgan Stanley. She uses her educational background and professional training to build and maintain positive client relationships. Erin educates clients on account services and the firm’s online capabilities. She also assists in setting and managing expectations, executes financial plans, and supports the team with daily organizational tasks.
Erin’s strong interpersonal skills and dedication to helping clients achieve their financial goals make her a vital part of the team. Her thorough understanding and appreciation for individual lifestyles enhance her effectiveness in providing exceptional client support.
Before joining the Hazzouri Group, Erin began her financial career at Ameriprise Financial in Wilkes-Barre, where she first cultivated her interest in the financial industry. She holds a variety of certifications including Bloomberg Market Concepts, Securities Industry Essentials (SIE), General Securities Representative license (Series 7), the Uniform Combined State Law Examination (Series 66), Financial Planning Specialist, and the Chartered Retirement Planning Counselor (CRPC®). Erin graduated with a B.S. in Business Administration, Finance, from Wilkes University in 2018.
Erin resides in Nanticoke with her husband, Kyle, and dog, Sadie. Outside of the office, she enjoys going quadding, taking her dog on walks, and spending time with family and friends.
Erin’s strong interpersonal skills and dedication to helping clients achieve their financial goals make her a vital part of the team. Her thorough understanding and appreciation for individual lifestyles enhance her effectiveness in providing exceptional client support.
Before joining the Hazzouri Group, Erin began her financial career at Ameriprise Financial in Wilkes-Barre, where she first cultivated her interest in the financial industry. She holds a variety of certifications including Bloomberg Market Concepts, Securities Industry Essentials (SIE), General Securities Representative license (Series 7), the Uniform Combined State Law Examination (Series 66), Financial Planning Specialist, and the Chartered Retirement Planning Counselor (CRPC®). Erin graduated with a B.S. in Business Administration, Finance, from Wilkes University in 2018.
Erin resides in Nanticoke with her husband, Kyle, and dog, Sadie. Outside of the office, she enjoys going quadding, taking her dog on walks, and spending time with family and friends.
Location
1065 Highway 315
Suite 401
Wilkes Barre, PA 18702
US
Direct:
(570) 821-1848(570) 821-1848
Toll-Free:
(800) 342-2393(800) 342-2393
Fax:
(570) 822-2303(570) 822-2303
Awards and Recognition
Forbes Best-In-State Wealth Advisors
2018-2025 Forbes Best-In- State Wealth Advisors Source: Forbes.com (Awarded 2018-2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Forbes Best-In-State Wealth Management Teams
2024-2025 Forbes Best-In-State Wealth Management Teams Source: Forbes.com (Awarded 2024-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award.
2
Wealth Management
Global Investment Office
Portfolio Insights
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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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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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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
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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
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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Retirement for Plan Sponsors
End-to-End Services, Made Simple:
We can provide the tools and guidance to help you manage a retirement plan.
We can provide the tools and guidance to help you manage a retirement plan.
- Plan Evaluation
- Investment Management
- Plan Management Support
- Plan Participant Education
Small Business Retirement Plans
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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 Richard J. Hazzouri 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 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 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.
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.
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.
6Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
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.
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.
8When 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.
9Morgan 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.
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, charitable giving, philanthropic planning and other legal matters.
3Morgan 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.
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.
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.
6Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
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.
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.
8When 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.
9Morgan 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.
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.
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Awards Disclosures | Morgan Stanley
CRC 4665150 (8/2025)
