Sandra Gabay, CFP®, CIMA®, CDFA®
First Vice President, Wealth Management,
Financial Advisor
Direct:
(212) 603-6213(212) 603-6213
My Mission Statement
Named to 2025, 2024, 2023, 2022 Morgan Stanley Pacesetter's Club
Named to 2025, 2024, 2023 Forbes Best-In-State Wealth Management Teams
Named to 2025, 2024, 2023 Forbes Best-In-State Wealth Management Teams
My Story and Services
Sandra Gabay is a Financial Advisor at Morgan Stanley. As a CERTIFIED FINANCIAL PLANNER™ (CFP®), Sandra focuses on providing comprehensive wealth management and financial planning strategies. Understanding that investing is a personal experience, she works with you to help you meet your long-term goals. These goals can include planning for your retirement, buying a home, funding education, building a legacy, or simply organizing your financial life. Sandra has a passion for smartly aligning your investments with your objectives.
Prior to joining Morgan Stanley in 2016, Sandra was a Financial Advisor at the UBS Headquarters office in Manhattan, NY. She began her career at Wells Fargo Advisors, where she obtained her Series 7 and 66 securities licenses as well as her life and health insurance licenses. In addition to the CFP®, Sandra holds the Certified Investment Management Analyst (CIMA®) designation, administered by the Investments and Wealth Institute, and taught in conjunction with The Wharton School at the University of Pennsylvania.
Sandra is also a Certified Divorce Financial Analyst® who works with clients to help them navigate the divorce or separation process. As a CDFA®, she assists clients with budgeting, asset preservation strategies and settlement review.
Sandra is proud to be a Partner with the Fifth Avenue Group, a Morgan Stanley team, who was named to the 2023 Forbes Best-In-State Wealth Management Teams list. On an individual level, Sandra has been named to Morgan Stanley’s Pacesetter’s Club, a global recognition program for Financial Advisors who, early in their career, have demonstrated the highest professional standards and first-class client service.
Originally from Oklahoma, Sandra graduated from the University of Oklahoma. She currently resides in Westchester with her family.
Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2023) Data compiled by SHOOK Research LLC based on time period from 3/31/21-3/31/22.
Prior to joining Morgan Stanley in 2016, Sandra was a Financial Advisor at the UBS Headquarters office in Manhattan, NY. She began her career at Wells Fargo Advisors, where she obtained her Series 7 and 66 securities licenses as well as her life and health insurance licenses. In addition to the CFP®, Sandra holds the Certified Investment Management Analyst (CIMA®) designation, administered by the Investments and Wealth Institute, and taught in conjunction with The Wharton School at the University of Pennsylvania.
Sandra is also a Certified Divorce Financial Analyst® who works with clients to help them navigate the divorce or separation process. As a CDFA®, she assists clients with budgeting, asset preservation strategies and settlement review.
Sandra is proud to be a Partner with the Fifth Avenue Group, a Morgan Stanley team, who was named to the 2023 Forbes Best-In-State Wealth Management Teams list. On an individual level, Sandra has been named to Morgan Stanley’s Pacesetter’s Club, a global recognition program for Financial Advisors who, early in their career, have demonstrated the highest professional standards and first-class client service.
Originally from Oklahoma, Sandra graduated from the University of Oklahoma. She currently resides in Westchester with her family.
Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2023) Data compiled by SHOOK Research LLC based on time period from 3/31/21-3/31/22.
Services Include
- Financial PlanningFootnote1
- Retirement PlanningFootnote2
- Divorce Financial AnalysisFootnote3
- Professional Portfolio ManagementFootnote4
- 401(k) Rollovers
- Life InsuranceFootnote5
- Long Term Care InsuranceFootnote6
- Sustainable InvestingFootnote7
- Alternative InvestmentsFootnote8
- Cash Management and Lending ProductsFootnote9
- Corporate BondsFootnote10
- Endowments and FoundationsFootnote11
Securities Agent: ID, MN, VI, NJ, DE, DC, WI, VT, MA, WA, TX, AL, RI, OR, IN, IL, GA, AK, WV, NY, NC, MI, CT, CA, AZ, WY, IA, VA, PA, NH, LA, SC, OK, OH, KS, FL, CO, MT, MO, ME, MD, AR, TN, PR, NV, NM; General Securities Representative; Investment Advisor Representative
NMLS#: 1809624
NMLS#: 1809624
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
As a CERTIFIED FINANCIAL PLANNER (CFP®) professional, Sandra takes a comprehensive approach to managing your wealth. She works diligently to understand your goals and objectives, risk tolerance and any of your immediate financial needs. Together, Sandra will work with you to craft a financial plan, which will serve as a roadmap for your future. The plan will be continuously updated as your life changes. Sandra's planning process is outlined below.
Discovery
Before building your financial plan, your current assets, liabilities, insurance, goals and concerns will be discussed. This phase of the process will be your opportunity to explain the things that are most important to you while also identifying areas where you would like to improve or learn more. Your savings and spending habits will be discussed as well as the vehicles you are using to help grow and preserve your wealth.
Analysis
Following discovery, Sandra will review the information you have shared and begin to build your financial plan. As part of her analysis, she will compare your current situation to alternative approaches and scenarios. Your portfolio will be “stress tested” to determine whether your overall asset allocation is aligned with your goals and risk tolerance. If there are any specialty areas (e.g. – insurance, executive compensation, lending, etc.) where you have asked for additional analysis, Sandra will work with her team and any relevant resources to provide further review.
Review
Once the analysis is completed, your financial plan will be reviewed with Sandra. She will explain the results and make suggestions, where appropriate, striving to improve your results. You will be provided a copy of your financial plan for your records. If you agree with the recommendations made, the next step will be to implement the recommendations. Sandra will bring in her team and dedicated professionals, as needed.
Monitoring
It is suggested that your financial plan be reviewed on an annual basis. Your financial plan should also be revisited any time you consider a major change (e.g. – moving, buying property, job changes, etc.). While you have a financial plan, you will also receive automatic, quarterly reports to track your progress. By its nature, planning is ongoing and should serve as a guide for your investments, savings and future.
Whether you are mediating, litigating or filing a pro se divorce, it can be helpful to have a financial advocate on your side. Sandra obtained her Certified Divorce Financial Analyst (CDFA®) designation to be able to assist clients who are going through divorce or who are considering divorce. She can also help to evaluate your assets and liabilities prior to getting married.
Information Gathering
Each state has its own requirements as to completing forms and providing data. It is important to detail a list of your assets and liabilities in an organized format so that negotiations can begin. Sandra can work with you to organize your information so that you can save time and money during your divorce.
Budgeting and Cash Flow Analysis
States vary in how they determine alimony and child support. Analysis of your budget and cash flow are crucial information to provide during your divorce. You can work together with Sandra as she helps make sure that the information you are providing is comprehensive and accurate.
Asset Protection Strategies
It may be appropriate to evaluate insurance during your divorce. Sandra can work with you to help you understand existing policies as well as new policies that may be needed to protect assets and income after a divorce.
Settlement Review
Asset and account types differ, and sometimes “equal” is not equitable. It is important to understand the implications of various settlements and what is being offered. Sandra can provide feedback on your options.
Attorney & Mediator Communications
It is recommended that you work with an attorney or mediator during your divorce. Sandra can collaborate with your attorney to provide information that will be helpful or timely, and they can work together to make your life easier during this challenging time.
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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.
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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.
Whether you are a novice or seasoned investor, Sandra will work with you to help create an investment portfolio to fit your needs. It is important to consider your risk profile, tax situation, goals, and time horizon.
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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. 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.
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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. 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.
Risk Profile
Generally, clients who are in retirement need to generate income to fund their lifestyles. Younger clients may benefit from taking a long-term approach and saving as much as they can. Pre-retirees are often somewhere in the middle, focusing on growing their assets yet not taking so much risk that it jeopardizes their retirement milestone. Every client is different, so it is important to understand your situation.
Taxes
Taxes can have a big impact on your investment returns. It is beneficial to take advantage of various investment vehicles and strategies to minimize your exposure where you can. When analyzing your portfolio, Sandra will evaluate where improvements can be made.
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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. 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.
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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. 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.
Goals & Time Horizon
It is important to separate different accounts for different goals. Clients who want to purchase a home soon may need to be more conservative with a portion of their assets. College accounts should start with a growth mindset and become more conservative over time. Retirement accounts should be optimized so that clients can benefit from deferred-tax growth. If a client wants to leave a legacy for family, certain vehicles may be more advantageous than others.
Location
55 East 52nd Street 10th
Fl
New York, NY 10055
US
Direct:
(212) 603-6213(212) 603-6213
Wealth Management
Global Investment Office
Portfolio Insights
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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
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.
2When 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.
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, charitable giving, philanthropic planning and other legal matters.
4Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
5Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG 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.
8Alternative 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.
9Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
10Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
11Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
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.
2When 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.
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, charitable giving, philanthropic planning and other legal matters.
4Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
5Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG 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.
8Alternative 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.
9Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
10Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
11Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
