Shawna Farnol Bumpus, CFP®
My Mission Statement
My Story
I began my career in 1996 with Merrill Lynch. While in college, a friend introduced me to an opportunity to work for a gentleman at Merrill Lynch. Eager to learn about sound financial decision-making, I accepted immediately. Initially, my tasks were modest—picking up lunch, making copies, and filing paperwork—but I was thrilled to have access to a world of knowledgeable individuals. My mentor, Dave Binkley, recognized my eagerness to learn, and my role evolved to organizing seminars, assisting in research, and eventually becoming a financial advisor. In 1997, as I completed my college classes, I studied for and passed the Series 7, 63, and 65 exams, officially starting my career as an advisor. In 2006, I earned the CERTIFIED FINANCIAL PLANNER® designation from the CFP® Board of Standards. After 19 years with Merrill Lynch, I joined Morgan Stanley in May 2016, drawn by its leadership in the financial services industry.
Retirement is a significant step for my clients, and I approach it with a behavioral mindset, understanding the emotional and psychological aspects involved. I focus on income planning to help ensure that my clients have a steady and reliable income stream throughout their retirement years. This holistic approach allows me to craft personalized strategies that can align with each client's unique needs and aspirations.
I am honored to have received several recognitions from Forbes. I was named in Forbes' listing of America’s Top Women Wealth Advisors in 2021. Additionally, I have been listed in the Forbes Top Women Wealth Advisors Best in State for 2022, 2023, 2024, and 2025. In 2025, I was also recognized in the Forbes Best-In-State Wealth Advisors list. These accolades reflect my commitment to helping clients secure their financial futures, with a particular focus on crafting personalized retirement plans that provide peace of mind and financial security.
2021 Forbes America's Top Women Wealth Advisors
(formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors)
Source: Forbes.com (Awarded 2021). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
2022, 2023, 2024, 2025 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 (Awarded 2021, 2022, 2023, 2024, 2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
2025 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded April 2025) Data compiled by SHOOK Research LLC for the period 6/30/23 - 6/30/24.
NMLS#: 590850
From there, we build a personalized plan that aligns with your vision. I’ll walk you through every step, ensuring you feel informed and confident in the strategies we implement. Communication is a cornerstone of my practice—whether it’s over the phone or during in-person or virtual reviews, I prioritize staying in touch and being available when you need me.
INSIGHT & RESOURCES
Morgan Stanley provides clients with resources meant to transform complex financial analysis and research into concise and easily digestible content. The links below offer insight into the modern market and economic landscape.
The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance, and fixed income.
Detailed market commentary from Morgan Stanley's thought leaders on topics such as global equities, fixed income, monetary policy, and more.
Tax-Efficient Charitable Giving Strategies
Many of us prefer to combine our support for the causes and people we care about with a desire to save on taxes. Fortunately, there are strategies that may help us accomplish both. Whether you want to donate to charity or invest in a loved-one's future, consider these tax-smart ways to help make your giving go further.
The One Conversation You Should Be Having
As hard as it is to swallow, old age can rob one of hard-won independence. And, at some point, we'll all be faced with the reality that we're unable or unfit to make important calls about finances and medical care. Take these steps to ensure that you have trusted decision-makers in place should you—or your parents—become incapacitated.
Reserved Living & Giving
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Planning Your Future
The Morgan Stanley Wealth Management process begins with you, your investment objectives and your financial goals. Holistic in its approach, it may encompass virtually all the elements of your financial life - your investments and your cash management needs - making sure they align with your goals and wealth management plan.
I will work with you to understand what your priorities are during these crucial years and implement a customized strategy for you. Whether it is planning for significant milestones, retirement, transitioning into retirement, or already managing your assets in retirement, our team is equipped with the resources and the knowledge to help you accomplish your personal and financial goal.
To begin your complimentary financial planning analysis, please click the link below.
I will take an extremely close look at your financial profile to decipher what type(s) of insurance most fit your needs, and determine if your current insurance policies are best suited for you and your goals.
Leading up to, and through retirement, I will help you identify the most appropriate ways to obtain the income you need and help ensure that you are on track to achieve your financial goals.
I will thoroughly review your mortgage, car loans. credit cards, and any other debts that you may have in order to help determine where you can save on interest and create a timeline for your debt payments by prioritizing which ones should be paid off first.
The cornerstone of an effective wealth management plan is comprehensive financial planning, which captures your goals, resources and expectations for the future. Effective planning can potentially lead to successful education and retirement income funding. It helps eliminate blind spots, and helps ensure legacy goals are met.
When it comes to retirement savings, the most important thing is to get started—after all, time is one of your greatest assets. Although retirement may seem far for some, it is essential to get started on planning for future living expenses, potential education funds, or travel costs. Let us help you educate on ways to grow and preserve your wealth.
Most retirement preparations focus on financial planning, but it is equally crucial to look at personal considerations and help you with easing the fear of the unknown. Given that many people overlook the psychological adjustments of retirement, we can help you understand why it's important to be emotionally (not just financially) ready for retirement.
Once you determine what kind of retirement you want, we will work together to take a closer look at the risks that might be standing between you and your retirement goals. No matter how well you save during the accumulation phase, it's critical to plan how you convert those assets to income. We can help you navigate the challenges that may arise.
The strategies you use when drawing down your retirement savings can have a significant impact on how much you'll pay in taxes and may help you keep more of the returns. Each retiree's situation is different but establishing a tax management strategy for your investments can help you retain more of your investment returns.
Location
Portfolio Insights
Retirement
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Business Planning
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Philanthropy
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
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