Carla J Koren
Managing Director, Wealth Management, Financial Advisor, Corporate Retirement Director
Phone:
(510) 891-5240(510) 891-5240
Rose Bridge Wealth Management Group at Morgan Stanley
Direct:
(510) 891-5240(510) 891-5240
Toll-Free:
(800) 755-1579(800) 755-1579
Our Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals
About Us
Our goal is to thoroughly understand your financial needs and then align the resources to help you meet or exceed them. We can help you evaluate near-term concerns and plan for long-term goals, be a sounding board for investment ideas, assist you in developing and executing a strategy that is precisely your own and helps you meet your needs.
Services Include
- Endowments and FoundationsFootnote1
- Estate Planning StrategiesFootnote2
- Financial PlanningFootnote3
- Lending Products
- Life InsuranceFootnote4
- Long Term Care InsuranceFootnote5
- Philanthropic Services
- Professional Portfolio ManagementFootnote6
- Retirement PlanningFootnote7
- Sustainable InvestingFootnote8
- Taft-Hartley Plans
- Alternative InvestmentsFootnote9
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Purpose
Investing With Impact Platform
Our Investing with Impact Platform offers a diverse range of funds and other investments designed to advance environmental, economic and social goals.
Financial Gifts to Children and Family Members
As you consider financial gifts to children or other family members, you may also want to think about how you'd like your gifts to be used.
Empowering the Next Generation of Philanthropists
Millennials and Gen Z are bringing new energy to the future of giving and civic engagement.
Family
Financial Literacy: Your Guide At Any Life Stage
Financial literacy means being equipped with the knowledge to make smart financial decisions during every stage of your life. No matter your current priorities, a strong financial literacy foundation can help you meet your goals.
How to Create a Budget: Your Guide
Learn five steps to creating a budget to help meet your financial goals.
Estate Planning Essentials
Creating an estate plan can help protect your wealth and prevent hardship for your heirs.
Financial Dos and Don'ts for New Parents
As a new parent, you'll receive no shortage of advice about how to prepare and care for your little one. While you ultimately know what's best for your family, you may find comfort in learning the best practices that have helped other parents on their journey.
Tax & Risk
Tax-Efficient Investing: 4 Key Questions to Ask
Factoring the impact of taxes into your investment decisions can help you to keep more of your hard-earned money, both now and in the future.
Tax-Smart Investing: Total Tax 365
Morgan Stanley Total Tax 365 offers a full spectrum of tax-efficient solutions to help mitigate the tax drag on your portfolio—so you can keep more of what you earn and improve after-tax returns.
Health Care Costs in Retirement: Plan Ahead
Did you know many long-term care costs are not covered by Medicare? Learn what options you have to help control your financial exposure to uncovered care costs.
Portfolio Risk Platform
Our Portfolio Risk Platform, backed by institutional-caliber analytics, assesses thousands of risk factors using a holdings-based approach to assess a portfolio's exposures, analyze how securities behave together across portfolios and forecast how they influence risk and return moving forward.
Upcoming Firm Events
The Lessons in Leadership Virtual Event Series will continue throughout 2025.
Check back soon for details on upcoming events.
Location
1999 Harrison St
Suite 2200
Oakland, CA 94612
US
Direct:
(510) 891-5240(510) 891-5240
Toll-Free:
(800) 755-1579(800) 755-1579
Meet Rose Bridge Wealth Management Group
Phone:
(510) 891-0591(510) 891-0591
Phone:
(510) 891-5241(510) 891-5241
Karen Jaffe, CFP®
Senior Registered Client Service Associate
Phone:
(510) 891-5278(510) 891-5278
Virginia Choice
Registered Client Service Associate
Phone:
(510) 891-5277(510) 891-5277
Robyn M. Johnson
Group Director
Phone:
(510) 891-0557(510) 891-0557
Terry Anne Boldt-De Gunto
Wealth Management Associate
Phone:
(510) 891-5204(510) 891-5204
Francisca Sanchez, CFP®
Financial Planning Analyst
Phone:
(510) 891-5237(510) 891-5237
Sean Anderson
Registered Client Service Associate
Phone:
(510) 891-0505(510) 891-0505
Sabrina Kheirolomoom
Client Service Associate
Phone:
(510) 891-5213(510) 891-5213
About Carla J Koren
Ms. Koren, who has been a Financial Consultant for over 31 years, is a Phi Beta Kappa graduate of UCLA (magna cum laude) and received her MBA from the Haas School of Business at UC Berkeley. She obtained her Certified Investment Analyst designation through the Wharton School of Business, is a member of the Association of Professional Investment Consultants (APIC) and the International Foundation of Employee Benefit Plans, and has earned the designation of Corporate Retirement Plan Director- one of 135 such designees across the US for Morgan Stanley.
In addition, Ms. Koren is dedicated to community stewardship. Her volunteer work and speaking include:
Current Board Member, Finance and Investment Committee Member, Girls Inc. of Alameda County
Current Board Member, Safe Passages
Past Board President, Junior League of Oakland East Bay, Inc.
In her professional capacity, Ms. Koren has been a presenter for the Smith Barney Training on Business Practice Management, IMCA (Investment Management Consultants Association), the Women Presidents' Organization, and the International Foundation of Employee Benefit Plans, among others.
In 2014, Ms. Koren received the Jefferson Award, which is sometimes referred to as the "Nobel Prize for public service" because it is the nation's highest honor for public service. Ms. Koren has received numerous other forms of recognition for her community stewardship including "Wealth Advisor with Heart" Award (2014) from WealthManagement.com, the Nonprofit Board Leader Award from The Volunteer Center in San Francisco in 2010, named a Thread of Hope (2010), Junior League Sustainer of the Year (2013), and Point of Light and University of Phoenix Volunteer Leader Award Honoree (2010).
Advisor With Heart Award Source: wealthmanagement.com (Aug 2014) Data compiled by wealthmanagement.com. For criteria & methodology, go to (wealthmanagement.com)
In addition, Ms. Koren is dedicated to community stewardship. Her volunteer work and speaking include:
Current Board Member, Finance and Investment Committee Member, Girls Inc. of Alameda County
Current Board Member, Safe Passages
Past Board President, Junior League of Oakland East Bay, Inc.
In her professional capacity, Ms. Koren has been a presenter for the Smith Barney Training on Business Practice Management, IMCA (Investment Management Consultants Association), the Women Presidents' Organization, and the International Foundation of Employee Benefit Plans, among others.
In 2014, Ms. Koren received the Jefferson Award, which is sometimes referred to as the "Nobel Prize for public service" because it is the nation's highest honor for public service. Ms. Koren has received numerous other forms of recognition for her community stewardship including "Wealth Advisor with Heart" Award (2014) from WealthManagement.com, the Nonprofit Board Leader Award from The Volunteer Center in San Francisco in 2010, named a Thread of Hope (2010), Junior League Sustainer of the Year (2013), and Point of Light and University of Phoenix Volunteer Leader Award Honoree (2010).
Advisor With Heart Award Source: wealthmanagement.com (Aug 2014) Data compiled by wealthmanagement.com. For criteria & methodology, go to (wealthmanagement.com)
Securities Agent: NJ, FL, NH, GA, CA, AZ, SC, MA, IA, CT, AR, NC, ID, DE, VA, UT, TN, NY, NM, CO, MD, LA, WA, PA, OH, NV, MT, HI, WI, TX, OR, MN, DC, IL; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1279304
CA Insurance License #: 0A37068
NMLS#: 1279304
CA Insurance License #: 0A37068
About Jonathan Lew
As a CFP®, Jonathan takes a comprehensive approach with each client to understand their individual needs and navigate them toward their goals.
His first five years were spent in the engineering field. First working for a small pollution control systems company and then concluding his engineering career at Pacific Gas & Electric.
Jonathan graduated from California State University, Chico with a bachelor’s degree in mechanical engineering. While working at PG&E, he obtained his MBA from Saint Mary’s College of California. He then later received his CFP® designation.
Born and raised in the East Bay, Jonathan now lives with his wife in San Leandro where they enjoy the Bay Area’s diverse cuisine and finding new dog parks for their senior Coton de Tulear. Jonathan lives an active lifestyle and can be found at a local Pickleball court on the weekends.
His first five years were spent in the engineering field. First working for a small pollution control systems company and then concluding his engineering career at Pacific Gas & Electric.
Jonathan graduated from California State University, Chico with a bachelor’s degree in mechanical engineering. While working at PG&E, he obtained his MBA from Saint Mary’s College of California. He then later received his CFP® designation.
Born and raised in the East Bay, Jonathan now lives with his wife in San Leandro where they enjoy the Bay Area’s diverse cuisine and finding new dog parks for their senior Coton de Tulear. Jonathan lives an active lifestyle and can be found at a local Pickleball court on the weekends.
Securities Agent: AZ, MA, DE, WI, NV, MN, IA, TX, OH, NJ, ID, CT, DC, NM, NC, AR, WA, GA, CO, NH, FL, VA, UT, SC, CA, TN, PA, NY, MT, MD, OR, LA, IL, HI; General Securities Representative; Investment Advisor Representative
NMLS#: 1915558
CA Insurance License #: 4078142
NMLS#: 1915558
CA Insurance License #: 4078142
About Margaret Hiller
Ms. Hiller joined Morgan Stanley in 2023 with over 30 years of industry experience. She began her career with a boutique investment advisory firm serving both high net worth individuals and qualified retirement plans. She then spent 10 years with a third party administration firm, consulting to qualified and nonqualified retirement plans on plan design, mergers and acquisitions, complex conversions and compliance testing, and plan terminations. For the past 19 years, Margaret has advised to plan sponsors of qualified retirement plans, endowments and foundations, and high net worth individuals.
Securities Agent: AZ, CA, UT, OK, NV, IL, HI, TX, TN, PA, MN, ME, GA, FL, CO, WA, VA, DE, SC, OR, NJ, NC, LA, IA, NM, MA, WI, OH, NH, MT, DC, WY, MI, KS, AR, RI, NY, MD, ID, CT; General Securities Representative; Investment Advisor Representative
NMLS#: 2724227
NMLS#: 2724227
About Karen Jaffe
Karen sees her CFP® as a way to bring sharpened skills and insight to her support of the Rose Bridge team's clients.
She graduated cum laude from the College of William and Mary with a double major in Economics and History. For the next two decades she worked for non-profit advocacy organizations, raising funds and educating donors for national organizations and in Oregon.
Karen has lived in downtown Oakland for the last ten years with a growing and thriving houseplant cultivating hobby. One of her other joys is travel. Her favorite trips in the past few years have been to New York City and Helsinki, Finland.
Disclaimer: This role cannot solicit or provide investment advice.
She graduated cum laude from the College of William and Mary with a double major in Economics and History. For the next two decades she worked for non-profit advocacy organizations, raising funds and educating donors for national organizations and in Oregon.
Karen has lived in downtown Oakland for the last ten years with a growing and thriving houseplant cultivating hobby. One of her other joys is travel. Her favorite trips in the past few years have been to New York City and Helsinki, Finland.
Disclaimer: This role cannot solicit or provide investment advice.
About Francisca Sanchez
With over 15 years of experience in the financial industry, Francisca specializes in administering employer-sponsored retirement plans. She works closely with plan sponsors, third-party administrators (TPAs), and 401(k) participants, serving as a liaison to ensure an exceptional financial experience.
Francisca brings a strong background in client service, relationship management, and business operations. Fluent in Spanish, she leverages her bilingual skills to better serve a diverse client base. Drawing on her extensive industry knowledge, she now helps clients create personalized, comprehensive financial plans tailored to their unique goals and needs.
Francisca earned her bachelor’s degree in Business Finance from San Francisco State University and later pursued her CERTIFIED FINANCIAL PLANNER™ (CFP®) designation.
She lives in the East Bay with her husband and their 5-year-old son. Outside of work, Francisca enjoys working out, spending time outdoors, and sharing quality moments with family and friends.
Disclaimer: This role cannot solicit or provide investment advice.
Francisca brings a strong background in client service, relationship management, and business operations. Fluent in Spanish, she leverages her bilingual skills to better serve a diverse client base. Drawing on her extensive industry knowledge, she now helps clients create personalized, comprehensive financial plans tailored to their unique goals and needs.
Francisca earned her bachelor’s degree in Business Finance from San Francisco State University and later pursued her CERTIFIED FINANCIAL PLANNER™ (CFP®) designation.
She lives in the East Bay with her husband and their 5-year-old son. Outside of work, Francisca enjoys working out, spending time outdoors, and sharing quality moments with family and friends.
Disclaimer: This role cannot solicit or provide investment advice.
About Sean Anderson
Sean joined the Rose Bridge Group in 2024 as a Registered Client Service Associate with an emphasis on investment analysis. In this role, he focuses on producing client performance reports and monitoring asset managers, mutual funds, ETF’s, and individual companies, on behalf of the team.
Sean leverages his background in law enforcement, where he specialized in investigations, to provide accurate, comprehensive, and actionable analysis on behalf of clients.
Sean earned his bachelor’s degree in Business Administration from California State University – East Bay.
In his free time, Sean enjoys going to the gym, backpacking, and traveling with his wife.
Sean leverages his background in law enforcement, where he specialized in investigations, to provide accurate, comprehensive, and actionable analysis on behalf of clients.
Sean earned his bachelor’s degree in Business Administration from California State University – East Bay.
In his free time, Sean enjoys going to the gym, backpacking, and traveling with his wife.
About Sabrina Kheirolomoom
Sabrina joined the Rose Bridge team in 2025 and brings a unique and disciplined perspective to her role as a Client Service Associate, having spent the past few years as a professional ballet dancer while simultaneously earning her Bachelor’s degree in Finance from Purdue University Global. Her background in the ballet has instilled in her a strong work ethic, exceptional attention to detail, and a commitment to excellence — all of which she now applies in serving clients with care and precision.
Originally from California’s East Bay, Sabrina has lived in several major cities including Chicago, New York, and San Antonio, and recently returned to the Bay Area to pursue her passion for finance full time. Known for her organization, reliability, and ability to learn quickly, she is excited to support clients and advisors alike as part of the wealth management team.
Outside of work, Sabrina enjoys dancing, Pilates, crocheting, and baking.
Originally from California’s East Bay, Sabrina has lived in several major cities including Chicago, New York, and San Antonio, and recently returned to the Bay Area to pursue her passion for finance full time. Known for her organization, reliability, and ability to learn quickly, she is excited to support clients and advisors alike as part of the wealth management team.
Outside of work, Sabrina enjoys dancing, Pilates, crocheting, and baking.
Contact Carla J Koren
Contact Jonathan Lew
Contact Margaret Hiller
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
Cindy W. Lee
Private Banker
About Cindy W. Lee
Cindy Lee is a Private Banker serving Morgan Stanley Wealth Management offices in California.
Private Bankers partner with 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.
Cindy began her career in financial services in 1996 and joined Morgan Stanley in 2022. Prior to joining the firm, she was a Custom Residential
Real Estate Specialist at Bank of America/Merrill Lynch where she also served as a Wealth Management Banker and Financial Advisor.
Cindy is a graduate of San Francisco State University, where she received a Bachelor of Science in Business Management. She resides in the Bay Area with her family. Outside of the office, Cindy dedicates time to volunteering, enjoys traveling, reading, watching sports and spending time with family and friends.
Private Bankers partner with 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.
Cindy began her career in financial services in 1996 and joined Morgan Stanley in 2022. Prior to joining the firm, she was a Custom Residential
Real Estate Specialist at Bank of America/Merrill Lynch where she also served as a Wealth Management Banker and Financial Advisor.
Cindy is a graduate of San Francisco State University, where she received a Bachelor of Science in Business Management. She resides in the Bay Area with her family. Outside of the office, Cindy dedicates time to volunteering, enjoys traveling, reading, watching sports and spending time with family and friends.
NMLS#: 637460
Private Bankers, Ultra High Net Worth ("UHNW") Specialists, PBG Market Managers, Lending Advisors, Mortgage Consultants, Regional Mortgage Specialist, Cash Management Specialists, 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
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
Wealth Management
Global Investment Office
Portfolio Insights
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Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
A Simple Six-Step Retirement Checkup
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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
Rational Investing in an Age of Uncertainty
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Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
529 Plans: A Powerful Tool to Save for Education
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Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
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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Ready to start a conversation? Contact Rose Bridge Wealth Management Group today.
CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
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, charitable giving, philanthropic planning and other legal matters.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors 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 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.
4Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
5Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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.
8Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
9Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque 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 | Morgan Stanley
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, charitable giving, philanthropic planning and other legal matters.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors 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 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.
4Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
5Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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.
8Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
9Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
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Awards Disclosures | Morgan Stanley
CRC 4665150 (8/2025)
