Managing Director, Wealth Management, Wealth Advisor, Family Wealth Director, Portfolio Management Director
Phone:
(212) 883-7707(212) 883-7707
The Santo, Weiss and Livingston Partners at Morgan Stanley
Direct:
(212) 883-7707(212) 883-7707
Toll-Free:
(866) 851-6999(866) 851-6999
Our Mission Statement
We strive to deliver our experience, intellectual capital and dedicated personal service with integrity, to help you meet your unique life and legacy goals.
Our Story and Client Services
We are proud and humbled to announce that our Team has been recognized as a "2025 Forbes Best-In-State Wealth Management Team" by Forbes.
Working with our dynamic and talented Team, you will discover a refreshingly different approach to managing your finances and the overall client relationship. Our unique Team structure, concierge-level services, extensive capabilities, and distinct focus on the client experience and meaningful relationship building are combined in an effort to create the ultimate Wealth Management experience for investors and their families striving to achieve targeted financial goals for generations to come.
We believe that success in achieving important financial goals starts with a comprehensive wealth strategy. We will help you define what is most important to you and then formulate the strategies that are appropriate for your needs, whether you are accumulating wealth or investing for income, solidifying your retirement plan or devising a distribution approach that helps meet your lifestyle and legacy goals. We will consider all aspects of your wealth picture and personal circumstances while working with your other trusted advisors to help you define and achieve your goals.
Disclaimer:
Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2024) Data compiled by SHOOK Research LLC based for the period from 3/31/23–3/31/24.
Services Include
- Financial PlanningFootnote1
- Retirement PlanningFootnote2
- Estate Planning StrategiesFootnote3
- Professional Portfolio ManagementFootnote4
- Business Succession PlanningFootnote5
- Life InsuranceFootnote6
- Asset Management
- Stock Plan ServicesFootnote7
- 401(k) Rollovers
- Divorce Financial AnalysisFootnote8
- Cash ManagementFootnote9
- 529 PlansFootnote10
- Fixed IncomeFootnote11
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Awards, Recognition & Designations
2025 Forbes Best-In-State Wealth Management Teams
The Santo, Weiss and Livingston Partners have been named to the 2023 - 2025 Forbes Best-In-State Wealth Management Teams ranking developed by SHOOK Research.
Source: Forbes.com (Awarded 2023 - 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.
Learn MoreSource: Forbes.com (Awarded 2023 - 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.
Lisa Santo: Forbes Best-In-State Wealth Advisors 2023
2023 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded 2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Learn MoreSource: Forbes.com (Awarded 2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Lisa Santo: Forbes Top Women Wealth Advisors 2020-2022
2020-2022 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In- State (formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors)
Source: Forbes.com 2020-2022. Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
Learn moreSource: Forbes.com 2020-2022. Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
Lisa Santo: Working Mother Magazine’s List of Top Wealth Advisor Moms
"Working Mother Magazine & SHOOK Research's Top Wealth Advisor Moms
Source: Workingmother.com (Awarded Oct 2017) Data compiled by SHOOK Research LLC based on time period from 3/31/16 - 3/31/17.
"
Learn moreSource: Workingmother.com (Awarded Oct 2017) Data compiled by SHOOK Research LLC based on time period from 3/31/16 - 3/31/17.
"
Lisa Santo: Certified Financial Planner (CFP®)
Lisa Santo has received the Certified Financial Planner (CFP®) designation.
Learn More
David Livingston: Chartered Financial Analyst (CFA®)
David Livingston has received the Chartered Financial Analyst (CFA®) designation.
Learn More
David Livingston: Certified Portfolio Manager (CPM®)
David Livingston has received the Certified Portfolio Manager (CPM®) designation.
Learn MoreWhat Makes Us Great?
Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values - Do the Right Thing, Put Clients First, Lead with Exceptional Ideas, Commit to Diversity and Inclusion, and Give Back.
Our 85 Year History
Explore our new interactive historical timeline to learn about Morgan Stanley through the decades - from our foundational years to building smarter wealth in modern times.
Learn about our originsA Bank Built on Integrity
A documentary highlighting all of the people and moments that define Morgan Stanley
Explore our historyMorgan Stanley Wealth Management
For 85 years, Morgan Stanley has remained a global leader in the financial services industry, with the scale and stability to help bring you valuable opportunities. Our priority is managing wealth with the highest standard of care and providing premier financial advice to help support your goals at any stage of life.
Learn more about MSWMMorgan Stanley Reserved Living & Giving
Reserved Living & Giving is a tiered complimentary loyalty program that rewards Morgan Stanley's most valued clients. The program is designed to enhance your lifestyle and relationship with the firm beyond traditional wealth management services.
See your benefitsTools and Resources
Morgan Stanley's comprehensive suite of digital resources has been carefully designed to help enhance each and every aspect of your financial portfolio. Learn more about some of the Modern Wealth Management resources that we offer to our valued clients.
Morgan Stanley Online
Morgan Stanley Online allows you to seamlessly and securely manage your investments and everyday finances in one place.
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Portfolio Risk Platform
Morgan Stanley's Portfolio Risk Platform is powered by BlackRock's Aladdin risk engine, a state-of-the-art, innovative risk engine, providing you with comprehensive risk analytics and a sophisticated view of the risk/return dichotomy across your financial portfolios. This helpful tool can assist you in making educated investment decisions with increased confidence.
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MS Reserved
Reserved Living & Giving is a tiered complimentary loyalty program that rewards Morgan Stanley's most valued clients. The program is designed to enhance your lifestyle and relationship with the firm beyond traditional wealth management services.
Learn more about Reserved
Family Office Resources
Morgan Stanley Family Office Resources provides specialized, technical expertise to select clients across a broad range of family wealth management issues. Our core capabilities span three complementary areas of focus including Governance & Legacy, Wealth Strategies and Signature Access.
Learn more about Family Office Resources
Thoughts on the Market Podcast
With perspectives on the forces shaping the market, join Morgan Stanley's Chief Investment Officer and Chief US Equity Strategist as he and his colleagues discuss their viewpoints regarding the latest trends in the financial marketplace.
Access the latest episode
Security Center
Learn about our latest security measures, how we are safeguarding your assets and personal information and find actionable insights and resources on important cybersecurity topics to enhance your own online security.
Visit our Security Center
Total Wealth View
Complete your financial profile with Total Wealth View. By linking your external account information, you will benefit from more educated and holistic wealth planning, and convenient connectivity.
Learn more about Total Wealth View
Digital Vault
Digital Vault lets you easily and securely manage and share important documents such as account statements, authorizations, tax filings and other relevant documents with your Financial Advisor.
Get Started TodayTeam Insights & Resources
Stay up to date on the current market landscape with the latest research and resources from Morgan Stanley, as well as access the latest insights, events, and newsletter from our Team.
Location
55 East 52nd Street 10th
Fl
New York, NY 10055
US
Direct:
(212) 883-7707(212) 883-7707
Toll-Free:
(866) 851-6999(866) 851-6999
Meet The Santo, Weiss and Livingston Partners
First Vice President, Financial Advisor, Senior Portfolio Manager, Chartered Financial Analyst
Phone:
(212) 883-8111(212) 883-8111
Phone:
(212) 883-7718(212) 883-7718
Marc Taylor
Senior Registered Associate
Phone:
(212) 883-8107(212) 883-8107
Craig Goldman
Senior Registered Associate
Phone:
(212) 883-8167(212) 883-8167
About Lisa Santo
With over 30 years of Wall Street experience, Lisa Santo joined Morgan Stanley in November 2005 after a lengthy career as a Senior Advisor at the boutique fixed income firm, Lebenthal. As a Morgan Stanley Financial Advisor and Portfolio Management Director, she provides customized investment strategies for affluent clients looking to manage, grow, preserve and transition their wealth.
Lisa’s practice has been built on long term relationships. Many of her clients have worked with her for decades, and their relationships have extended into multiple generations. She is readily available to her clients, and takes pride in earning their trust by always putting her clients and their needs first. Lisa designs and implements comprehensive wealth management strategies to provide sound investment advice combined with personalized attention and exceptional service to affluent and high net- worth clients.
She is a senior member of the Morgan Stanley’s Women’s Business Development Council and a member of the Association of Professional Investment Consultants. Additionally, Lisa has served on the firm’s GWMG Diversity Council and was a member of the firm’s prestigious Master’s Club in 2001. In 2017, Lisa was named as Working Mother Magazine’s Top Wealth Advisor Moms, which recognizes her professionalism and dedication to her valued clients. She is also one of a small number of Morgan Stanley advisors who have earned the designation as a Certified Financial Planner™( CFP®) and has earned the title of Dedicated Equity Plan Specialist and Insurance Planning Director.
Lisa currently lives in Sleepy Hollow, NY with her husband and their three children.
Lisa’s practice has been built on long term relationships. Many of her clients have worked with her for decades, and their relationships have extended into multiple generations. She is readily available to her clients, and takes pride in earning their trust by always putting her clients and their needs first. Lisa designs and implements comprehensive wealth management strategies to provide sound investment advice combined with personalized attention and exceptional service to affluent and high net- worth clients.
She is a senior member of the Morgan Stanley’s Women’s Business Development Council and a member of the Association of Professional Investment Consultants. Additionally, Lisa has served on the firm’s GWMG Diversity Council and was a member of the firm’s prestigious Master’s Club in 2001. In 2017, Lisa was named as Working Mother Magazine’s Top Wealth Advisor Moms, which recognizes her professionalism and dedication to her valued clients. She is also one of a small number of Morgan Stanley advisors who have earned the designation as a Certified Financial Planner™( CFP®) and has earned the title of Dedicated Equity Plan Specialist and Insurance Planning Director.
Lisa currently lives in Sleepy Hollow, NY with her husband and their three children.
Securities Agent: MA, OR, MN, DC, DE, OH, CT, NV, NJ, NH, IL, HI, MD, VT, TX, MO, CA, AK, WI, NC, ME, FL, WA, VA, SC, GA, CO, AZ, TN, PA, RI, MI, IN, UT, NY, MS, PR; General Securities Principal; General Securities Representative; Investment Advisor Representative
NMLS#: 1273012
CA Insurance License #: 0F44283
NMLS#: 1273012
CA Insurance License #: 0F44283
About David Livingston
David Livingston has nearly 30 years of investment and private wealth management experience. He joined Morgan Stanley in 2014, after spending 12 years at UBS as a wealth advisor. Before moving to UBS, he advised High Net Worth individuals and institutional investors on emerging market investments at ANZ bank. He is one of a small number of Morgan Stanley advisors who have earned a Chartered Financial Analyst (CFA) designation. David also holds a Certified Portfolio Manager (CPM) designation.
David’s approach to helping investors obtain their goals starts with an emphasis on financial planning. His background in Psychology gives him a unique perspective when it comes to financial planning and wellness; his strategy aligns the investor’s entire balance sheet with their individual financial goals to create portfolios that keep clients invested in difficult markets, helping maximize the probability of meeting lifetime goals, while seeking to generate growth to benefit the next generation. David incorporates behavior based planning into his advisory practice, utilizing goals based investing and a bucketing approach to segregate assets into risk weighed portfolios. David has guided clients through three major market corrections and two recessions.
He is a member of the CFA institute, the New York Society of Security Analyst, and is an active member of the NYSSA Investment Strategy committee. In his free time, David enjoys skiing and running marathons. He currently lives in Sleepy Hollow, NY with his wife and three children.
David’s approach to helping investors obtain their goals starts with an emphasis on financial planning. His background in Psychology gives him a unique perspective when it comes to financial planning and wellness; his strategy aligns the investor’s entire balance sheet with their individual financial goals to create portfolios that keep clients invested in difficult markets, helping maximize the probability of meeting lifetime goals, while seeking to generate growth to benefit the next generation. David incorporates behavior based planning into his advisory practice, utilizing goals based investing and a bucketing approach to segregate assets into risk weighed portfolios. David has guided clients through three major market corrections and two recessions.
He is a member of the CFA institute, the New York Society of Security Analyst, and is an active member of the NYSSA Investment Strategy committee. In his free time, David enjoys skiing and running marathons. He currently lives in Sleepy Hollow, NY with his wife and three children.
Securities Agent: UT, HI, MO, OR, NJ, SC, WA, DC, WI, VT, VA, TX, RI, PR, PA, OH, NY, NV, NH, NC, MS, MN, MI, ME, MD, MA, IN, IL, GA, FL, DE, CT, CO, CA, AZ, AK; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1437897
NMLS#: 1437897
About Lauren Santo
Lauren Santo is a Financial Advisor at Morgan Stanley in the New York City Metropolitan Area. Dedicated to building long-lasting relationships with clients and helping them to achieve their financial goals, Lauren focuses on overall wealth management through a holistic approach, which includes financial planning, education planning, tax-efficient investment planning, insurance planning and estate planning strategies.
Prior to joining Morgan Stanley in June 2023, Lauren began her career as a Project Manager at MUFG, where she skillfully orchestrated and executed various technology projects, ensuring timely delivery and adherence to project goals. She later transitioned to Bank of America as a Business Manager, where she oversaw operational functions and played a pivotal role in budgeting, planning and decision making for the FICC Technology organization. She graduated from Smith College in 2018 with a double major in Economics and Psychology. While at Smith, Lauren also participated in the highly-selective Smith-Tuck Business Bridge Program, which delivered a comprehensive business curriculum, taught by MBA faculty from the Tuck School of Business at Dartmouth.
Lauren holds the SIE, Series 7, Series 66, life and health insurance licenses, as well as the Financial Planning Specialist designation. Originally from Sleepy Hollow, NY, Lauren now resides in the Upper East Side and enjoys being outdoors and spending time with family and friends.
Prior to joining Morgan Stanley in June 2023, Lauren began her career as a Project Manager at MUFG, where she skillfully orchestrated and executed various technology projects, ensuring timely delivery and adherence to project goals. She later transitioned to Bank of America as a Business Manager, where she oversaw operational functions and played a pivotal role in budgeting, planning and decision making for the FICC Technology organization. She graduated from Smith College in 2018 with a double major in Economics and Psychology. While at Smith, Lauren also participated in the highly-selective Smith-Tuck Business Bridge Program, which delivered a comprehensive business curriculum, taught by MBA faculty from the Tuck School of Business at Dartmouth.
Lauren holds the SIE, Series 7, Series 66, life and health insurance licenses, as well as the Financial Planning Specialist designation. Originally from Sleepy Hollow, NY, Lauren now resides in the Upper East Side and enjoys being outdoors and spending time with family and friends.
Securities Agent: WA, OR, MN, NC, CA, TX, SC, ME, OH, HI, NV, UT, NJ, MD, DC, AZ, AK, NH, FL, TN, MS, MA, PA, IL, CT, CO, VT, PR, VA, DE, RI, NY, MO, MI, IN, GA; General Securities Representative; Investment Advisor Representative
NMLS#: 2535215
NMLS#: 2535215
About Marc Taylor
Marc Taylor is a Senior Registered Associate with over 15 years of financial services industry experience. In this role, Marc focuses on operational client support, account maintenance, asset allocation reports and LifeView client goal analysis. He is also the annuity liaison for the team. Marc has been at Morgan Stanley for 10 years. Prior to Morgan Stanley, Marc was a sales associate at Lebenthal & Co. He is a graduate of Cornell University and is Series 7, Series 66, and annuity and insurance licensed. Marc currently lives in Carle Place, NY with his wife, son and Boston Terrier.
About Craig Goldman
Craig Goldman is a Wealth Management Associate with 12 years of financial services industry experience. In this role, he works closely with the Group's high net worth clients as well as administrative departments within the firm to help update trade models and facilitate client service and account maintenance. He is also the banking liaison for the team. Craig has been at Morgan Stanley for 10 years. Prior to Morgan Stanley, Craig was a sales associate at Lebenthal & Co. He is a graduate of The University of Hartford in West Hartford, CT and is Series 7 and Series 66 registered. Craig currently lives in Port Washington, NY with his wife, Jennifer, and his son and daughter Maxwell and Olivia.
Contact Lisa Santo
Contact David Livingston
Contact Lauren Santo
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
Tony Silva
Private Banker
Charlotte Spatz
Private Banker
Managing Director, Wealth Management, Financial Advisor, Corporate Client Group Director
About Tony Silva
Tony Silva is a Private Banker serving Morgan Stanley’s Wealth Management offices in New York City.
Tony began his career in financial services in 1995 and joined Morgan Stanley in 2015 as a Pipeline Manager in our Home Loans organization. In 2017, he was promoted to Project Manager on that team. Tony assumed his current position in February, 2018. Prior to his tenure at the firm, Tony held a number of roles at mortgage financing institutions.
Tony received a Bachelor of Science in Management from Rutgers University. He and his family reside in Livingston, New Jersey.
When not at the office, Tony enjoys traveling, playing soccer, and spending time with family and friends.
Tony began his career in financial services in 1995 and joined Morgan Stanley in 2015 as a Pipeline Manager in our Home Loans organization. In 2017, he was promoted to Project Manager on that team. Tony assumed his current position in February, 2018. Prior to his tenure at the firm, Tony held a number of roles at mortgage financing institutions.
Tony received a Bachelor of Science in Management from Rutgers University. He and his family reside in Livingston, New Jersey.
When not at the office, Tony enjoys traveling, playing soccer, and spending time with family and friends.
NMLS#: 217945
About Charlotte Spatz
Charlotte Spatz is a Private Banker serving Morgan Stanley Wealth Management offices in New York.
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.
Charlotte began her career in financial services in 2015, and joined Morgan Stanley in 2016 as a Complex Administrator. Prior to being promoted to her current position, Charlotte served as an Associate Private Banker supporting Wealth Management offices in New York City and was a Regional Administrator before that. Before joining the firm, she was an Operations Associate at the Lebenthal & Co.
Charlotte is a graduate of the Marist College, where she received a Bachelor of Arts in Communication. She currently lives in Greenwich, Connecticut.
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.
Charlotte began her career in financial services in 2015, and joined Morgan Stanley in 2016 as a Complex Administrator. Prior to being promoted to her current position, Charlotte served as an Associate Private Banker supporting Wealth Management offices in New York City and was a Regional Administrator before that. Before joining the firm, she was an Operations Associate at the Lebenthal & Co.
Charlotte is a graduate of the Marist College, where she received a Bachelor of Arts in Communication. She currently lives in Greenwich, Connecticut.
NMLS#: 2008389
Morgan Stanley Wealth Management Financial Advisers can conduct their business in several ways: individually, as a member of a team of Financial Advisors, or through the formation of a Strategic Partnership with another Financial Advisor or team of Financial Advisors. A Strategic Partnership is an arrangement between a Financial Advisor or a team of Financial Advisors with another Financial Advisor or team of Financial Advisors that has a unique focus or knowledge regarding a specific business concentration, product area, and/or client type. If your account is with an individual Financial Advisor, that Financial Advisor services all facets of your account. If your account is with a Financial Advisor who is a member of a team, any Financial Advisor on the team can service your account. If your Financial Advisor is part of a Strategic Partnership, his or her role in that Strategic Partnership may be limited to a specific business and/or product area and may not cover all facets of your account. The use of the terms “Partner” or “Strategic Partner” and/or “Partnership” or “Strategic Partnership” are used as terms of art and not used to imply or connote any legal relationship.
Wealth Management
From Our Team
Planning for the Unexpected: Financial Tips for Unpredictable Careers
Wealth Management
Global Investment Office
Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Are You Prepared for Tax Day?
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Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
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Mosaic
Explore ideas and inspiration with captivating, original lifestyle stories created exclusively for Morgan Stanley clients.
A Change of Greenery
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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 The Santo, Weiss and Livingston Partners today.
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.
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 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.
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.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Morgan 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.
8Morgan 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.
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
10Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
11Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
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:
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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.
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 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.
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.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Morgan 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.
8Morgan 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.
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
10Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
11Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
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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. 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
CRC 6491812 (04/2024), 3582895 (6/2024)
