Spencer Torgan, CRPS, Corporate Retirement Director
First Vice President
Phone:
(805) 494-0285(805) 494-0285
Spencer Torgan, CRPS®
Senior Vice President,
Financial Advisor,
Corporate Retirement Director,
CHARTERED RETIREMENT PLANS SPECIALIST
Direct:
(805) 494-0285(805) 494-0285
My Mission Statement
You Shine. I Strategize. Together, we’ll craft strategies to help you reach new milestones, and build a lasting legacy.
My Story and Services
True wealth is not just a number. It's a reflection of your journey, your values, and your legacy. Since 2005, I've helped high-net-worth individuals and families redefine what money means, and what it can help build for decades and generations to come.
Top Tier Credentials
As a Chartered Retirement Planning Specialist ® and one of Morgan Stanley's select few Corporate Retirement Directors — I bring an elite skillset and the full power of a global financial institution to your financial life. From tax-efficient retirement and portfolio management strategiess, to specialized lending services, cash management and estate planning needs.
But at the core of my practice is something profoundly personal: a deep relationship built on trust, transparency, and commitment. I believe in the power of deep conversations and addressing the small details that shape the big picture. I work hand-in-hand with your team of attorneys and accountants because I know collaboration helps ensure your financial success. Bottom line: I'm here to serve as a bridge between your vision for the future and the solution that makes it possible. Even when that vision spans generations.
Your Financial Future Begins Here
Whether you're a business owner considering the next chapter, a multigenerational family with unique wealth management needs, or a professional athlete or entertainer establishing your career — I'm here to help you make your money work harder. Period.
For a second opinion on your investments, a chat about your aspirations, or simply to start a conversation about your financial future, please call me at (805) 494-0285.
Securities Agent: HI, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, WY, ND, NC, IA, NJ, MT, NM, NV, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WI, AK, NE, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA; General Securities Representative; Investment Advisor Representative
NMLS#: 1416404
CA Insurance License #: 0F03650
NMLS#: 1416404
CA Insurance License #: 0F03650
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
For Those In the Spotlight
There's no way around it: high-profile careers are pressure cookers. For professionals in the entertainment and sports industries — as well as C-suite executives at large corporations — not only do you have to perform at the peak of your abilities on the world stage, you also have to navigate a complex financial landscape behind the scenes.
Having played D1 Football at the University of Southern California, I know what that pressure feels like. And I learned firsthand about the relentless drive, leadership, and teamwork needed to achieve excellence when the lights shine bright.
Today, I bring that same gridiron spirit to my work at Morgan Stanley. With over 18 years of experience guiding clients across the entertainment and sports industries and executive landscape, I'll help you master the financial intricacies that accompany your journey.
SPOTLIGHT REALITIES
• YOU EXPERIENCE SUDDEN WEALTH EVENTS — Whether it's a breakthrough project, production credit, or contract bonus, these game-changers demand careful handling. I provide seasoned guidance on wealth preservation, investment diversification, and tax strategies to help you turn your talent into profit.
• YOU HAVE A NARROW WINDOW FOR EARNINGS — I help design tax-efficient strategies to help you keep more of what you earn, now and down the road.
• YOU FACE A LONGER THAN NORMAL RETIREMENT — From managing your investments to optimizing your income streams, I craft comprehensive financial roadmaps to help you make your retirement a long-lasting victory.
YOU SHINE, I STRATEGIZE
• HARD WORK — I bring the same level of dedication to your financial game plan as you bring to your career. Together, we'll put in the work to secure your financial future.
• DISCIPLINE — Financial discipline is the foundation of success. We'll establish smart financial habits to help you achieve your long-term goals.
• LEADERSHIP — Your financial journey requires strong leadership. I'll guide you through the complexities, have the tough conversations, and help you make informed decisions. Always.
Case Studies
A Layered Approach To Tax-Efficiency
Often, the best financial plans are built on layered strategies. This was certainly true for one of our clients, who was juggling a few different financial challenges at once. First, she planned to sell a long-held rental property and faced substantial capital gain taxes. Simultaneously, she was overconcentrated in a single tech stock with an extremely low cost basis. She was also very committed to charitable giving, adding another layer of complexity to the situation.
Collaborating closely with her CPA, I helped create a comprehensive tax-minimization plan that accounted for all her goals and challenges. The centerpiece was the establishment of a donor-advised fund (DAF) funded in kind with her tech stock. This strategic move not only help to shield her from realizing capital gains from the stock sale, but also enabled her to offset the capital gains generated from the rental property sale.
A Smarter Approach To Passive Investing
Wealth comes from what you keep, not what you make. Yet, one client interpreted this as a need to strictly invest in low-risk, buy-and-hold ETF strategies. However, the real key is in fact tax-efficient investing. Utilizing Morgan Stanley's third-party money managers who focus solely on systematic tax loss harvesting, I helped this client go beyond the typical passive investment approach. We created a customized portfolio aimed at maximizing after-tax results, and leveraged strategies ranging from customized tax mandates, capital gains restrictions, and ESG considerations, to specific company and industry exclusions. With our extensive financial wisdom and technology-driven solutions, we simplify the complex, making tax-efficient investing straightforward.
A Corporate Retirement Plan Makeover
A few years ago, an accountant referred us to a second-generation family business of 45 employees that needed a retirement plan makeover. As a Chartered Retirement Planning Specialist®, I looked over the plan, which benefited both the two owners and the employees, and I recognized immediately that the owners were shouldering outsized risk, because they were managing the funds versus using a participant directed setup. So we helped the clients move to this new set-up, which gave each employee more control over their retirement savings. This change not only reduced the risk for the owners, but it also allowed everyone to help manage their money more effectively — a win-win situation for everyone involved.
Empowerment After Divorce
Recently, a divorce attorney reached out to us on behalf of her client, who was feeling overwhelmed by the financial complexity of her divorce. Mostly, this was because she had little knowledge of the family's finances during the marriage, so now she was in urgent need of financial guidance. Over the years, I've helped many clients in similar situations, people who feel unprepared to manage finances after a divorce or the passing of a spouse.
First, we worked with the attorney and client to determine how a settlement would affect the client's lifestyle. Then, through detailed financial modeling, we assessed lump sums, spousal support payments, and the implications of asset division, including IRAs and 401(k)s to help create a financial plan for her going forward. But because true empowerment comes from knowledge, we provided her with step-by-step guidance, ensuring she knew the why behind her strategy. That way, she could help achieve financial confidence and make informed decisions.
When Money Happens
A wealth event can be both exhilarating and overwhelming. It's an opportunity, but it also comes with its own unique set of challenges. No matter what your circumstances, I'm here to guide you seamlessly through these pivotal moments into the next chapter of your life.
Maximizing Wealth: Small Business Owners
As a small business owner who has poured years of sweat equity into your venture, you deserve to reap the rewards. Leveraging my experience as a Corporate Retirement Director, I know well the challenges small business owners face. Together, we'll plan for the sale or transfer of your business, focusing on strategies to drive value, minimize capital gains taxes, and create tax-efficient income streams for your retirement and generations to come.
Building A Legacy: Estate Planning
What mark do you want to leave behind? It's an important question with many hidden complexities. That's why I help you build comprehensive estate plans with forethought, planning out every detail long before such a need arises. Through a careful step-by-step process, I provide trusted and compassionate guidance that accounts for every detail of your legacy goals — whether it's supporting a charitable organization, securing loved ones, or both.
Complex Regulations: Corporate Officers
Typically, corporate officers at publicly traded companies must grapple with complex regulations like Rule 10B5-1. I'll help you navigate stock options intricacies, from exercising and selling to diversification, all while helping to ensure regulatory compliance and tax-efficiency. But that's just the first step.
Navigating the Sale: Entrepreneurs
Here, the main challenge lies in managing newfound wealth from stock sales while minimizing tax liabilities. Together, we'll also craft strategies to retool your financial approach with a focus on diversification and other risk management. That way, whether your next venture is a new start-up or an early retirement, you won't have to sacrifice long-term financial security.
Managing Inheritance: Affluent Families
The passing of a loved one is one of the most difficult moments in a person's life. As your dedicated financial advisor, I'm here to provide the guidance and support you need during this sensitive period. My aim is to ensure that these assets align seamlessly with your existing financial strategy and broader financial goals, with a focus on prudent wealth management and a keen understanding of tax implications.
Financial Resilience: Dealing with Divorce
Divorces can put a serious strain on a family. But that strain shouldn't be financial. During divorce proceedings, I coordinate with your attorneys and accountants to help translate what your settlement amount will mean for your lifestyle going forward. Beyond that, I create customized financial plans tailored to your new financial circumstances, and help ensure your estate plans, including wills and beneficiary designations, are meticulously updated to help reflect your confidence.
Tax Management Services
Tax Management is an elective service available in Select UMAs (Unified Managed Accounts) that utilizes an array of tax-efficient features to help you reduce your tax bill
Access to Financing and Liquidity Strategies
Through your Morgan Stanley Active Assets Account, you can access a full suite of cash management and lending solutions to help you manage your everyday finances, including cash management, preferred savings programs, and more.
High Net Worth Services
Signature Access gives clients with $10 million or more in assets at the firm access to world class services such as Private Health Advisory, Personal Cybersecurity Services, Aircraft Management and more — all to help enhance and enrich your life.
Morgan Stanley Online
Morgan Stanley Online is the foundation of the modern wealth client experience. Digital capabilities online and on the Morgan Stanley Mobile App allow you to stay informed about your investments and manage your everyday finances while providing protection for your account with our encryption and fraud prevention technology.
Life Stages of a Successful Entrepreneur
Both our Institutional Securities Group and Morgan Stanley Investment Management deliver the investment banking, capital markets and institutional investing solutions needed to pursue the strategic ambitions of your enterprise.
Alternative Investments
As a leading provider of alternative investment strategies, our team delivers differentiated offerings and custom alternative investment programs to help meet the unique needs of ultra-high net worth clients. This includes access to Morgan Stanley's Real Estate Exchange Program. But our expertise also spans private equity, real assets, private credit, hedge funds and digital assets.
Awards & Designations
Spencer has received the following awards and designations.
Spencer Torgan Has Been Included in the Morgan Stanley Century Club for 2024
Morgan Stanley's prestigious Century Club is an elite group composed of the Firm's top Financial Advisors. The appointment recognizes the advisor's consistent creativity and excellence in providing a wide range of investment products and wealth management services to his/her clients.
Chartered Retirement Plans Specialist (CRPS®)
Spencer's Chartered Retirement Plans Specialist (CRPS®) designation allows him to design, monitor and advise on corporate retirement plans and strategies for large and small businesses.
Corporate Retirement Director (CRD®)
Corporate Retirement Directors are firm designated Financial Advisors with a specialty in serving retirement plans. Less than 2% of the roughly 16,000 Financial Advisors at Morgan Stanley have this designation.
Location
100 N Westlake Blvd
Ste 200
Westlake Village, CA 91362
US
Direct:
(805) 494-0285(805) 494-0285
Fax:
(805) 728-9018(805) 728-9018
Meet My Team
Anastasia Ciudinovschih
Senior Registered Client Service Associate
Phone:
(805) 494-0284(805) 494-0284
About Spencer Torgan
Spencer Torgan is a Vice President, Financial Advisor, and Corporate Retirement Director at Morgan Stanley in Westlake Village, CA. For nearly two decades, Spencer has dedicated himself to guiding business owners, executives, sports and entertainment professionals, and multigenerational families through the complex landscape of high-net-worth wealth management.
A graduate of the University of Southern California’s Marshall School of Business, Spencer played on their D1 football team under the mentorship of coach Pete Carroll, winning an NCAA National Championship in 2003-2004. Spencer began his financial career in 2005 as a Financial Advisor with Wells Fargo. Diligently building his experience in wealth management, he came on board with Morgan Stanley in 2015 in order to equip his clients with world-class resources and forward-thinking technology.
As a Chartered Retirement Plans Specialist® (CRPS®), Spencer provides credentialed guidance to business owners on the management of employer-sponsored retirement plans. His experience encompasses comprehensive plan design, compliance with intricate regulatory requirements, investment selection, and prudent guidance. He is dedicated to educating both plan sponsors and participants, fostering a culture of financial empowerment that, ultimately, can help bolster a company’s recruitment and retention efforts.
Spencer is committed to the principle that financial well-being is not just a destination; it's a dynamic journey that spans many years — and even generations. He recognizes that every client's story is unique, and his goal is to ensure that their financial plans reflect their individual values and ambitions. But whether Spencer is working with an executive, professional in the entertainment or sports industry, or a multigenerational family — tax-efficiency is a key component of all his financial planning and investing strategies. Ultimately, his aim is to guide his clients through each phase of their financial lives, helping to provide a sense of confidence and financial empowerment that lasts for generations.
Outside the office, Spencer resides in Southern California with his family. A proud father of two children, he spends much of his free time at their sports games and other extracurricular events. His also an avid golfer, and participates in several local amateur events.
A graduate of the University of Southern California’s Marshall School of Business, Spencer played on their D1 football team under the mentorship of coach Pete Carroll, winning an NCAA National Championship in 2003-2004. Spencer began his financial career in 2005 as a Financial Advisor with Wells Fargo. Diligently building his experience in wealth management, he came on board with Morgan Stanley in 2015 in order to equip his clients with world-class resources and forward-thinking technology.
As a Chartered Retirement Plans Specialist® (CRPS®), Spencer provides credentialed guidance to business owners on the management of employer-sponsored retirement plans. His experience encompasses comprehensive plan design, compliance with intricate regulatory requirements, investment selection, and prudent guidance. He is dedicated to educating both plan sponsors and participants, fostering a culture of financial empowerment that, ultimately, can help bolster a company’s recruitment and retention efforts.
Spencer is committed to the principle that financial well-being is not just a destination; it's a dynamic journey that spans many years — and even generations. He recognizes that every client's story is unique, and his goal is to ensure that their financial plans reflect their individual values and ambitions. But whether Spencer is working with an executive, professional in the entertainment or sports industry, or a multigenerational family — tax-efficiency is a key component of all his financial planning and investing strategies. Ultimately, his aim is to guide his clients through each phase of their financial lives, helping to provide a sense of confidence and financial empowerment that lasts for generations.
Outside the office, Spencer resides in Southern California with his family. A proud father of two children, he spends much of his free time at their sports games and other extracurricular events. His also an avid golfer, and participates in several local amateur events.
Securities Agent: HI, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, WY, ND, NC, IA, NJ, MT, NM, NV, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WI, AK, NE, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA; General Securities Representative; Investment Advisor Representative
CA Insurance License #: 0F03650
CA Insurance License #: 0F03650
About Anastasia Ciudinovschih
Anastasia graduated from UCSB with a degree in business economics and was always fascinated by the financial markets. She has over 10 years of experience working for major wealth management firms. In that time, she held operational and sales positions but her primary focus was providing white glove service for ultra-high net worth clients in San Francisco and Century City. She is well versed in financial planning, cash management and holds the Accredited Asset Management Specialist (AAMS®) designation issued by the College for Financial Planning. When she is not walking her Yorkie on the beach, Anastasia enjoys hiking, cooking, tennis, and road trips. She currently resides in Westlake Village, CA and is fluent in English and Russian.
CA Insurance License #: 0I37459
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
Jesse Mazza
Private Banker
Helen Zhao, CFP®, CFA®
Financial Planning Director, Vice President
About Jesse Mazza
Jesse Mazza 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.
Jesse began his career in financial services in 2011 and joined Morgan Stanley in 2016 as an Associate Private Banker. Prior to joining the firm, he was a Private Client Banker at JP Morgan Chase.
Jesse is a graduate of the University of La Verne, where he received a Bachelor of Science in Business Administration. He lives in Thousand Oaks, California with his wife and 2 children. Outside of the office, Jesse enjoys spending time with his family, hiking, traveling, and cooking.
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.
Jesse began his career in financial services in 2011 and joined Morgan Stanley in 2016 as an Associate Private Banker. Prior to joining the firm, he was a Private Client Banker at JP Morgan Chase.
Jesse is a graduate of the University of La Verne, where he received a Bachelor of Science in Business Administration. He lives in Thousand Oaks, California with his wife and 2 children. Outside of the office, Jesse enjoys spending time with his family, hiking, traveling, and cooking.
NMLS#: 667403
About Helen Zhao
Helen Zhao is a Vice President and Financial Planning Director, serving Morgan Stanley’s Wealth Management offices in the Woodland Hills market in Greater Los Angeles area. She is responsible for helping Financial Advisors with their clients’ and prospects’ financial planning needs.
Helen began her career in financial services in 2007 and has spent over ten years at Morgan Stanley. Prior to her career in finance, Helen was a practicing CPA with Deloitte Tax LLP and Ernst & Young.
Helen graduated from Pepperdine University with an MBA and holds her Certified Financial Planner® and Chartered Financial Analyst designations. Helen lives in west Los Angeles and teaches personal financial planning part time at UCLA Extension.
Helen began her career in financial services in 2007 and has spent over ten years at Morgan Stanley. Prior to her career in finance, Helen was a practicing CPA with Deloitte Tax LLP and Ernst & Young.
Helen graduated from Pepperdine University with an MBA and holds her Certified Financial Planner® and Chartered Financial Analyst designations. Helen lives in west Los Angeles and teaches personal financial planning part time at UCLA Extension.
Wealth Management
From My Desk
Spencer Torgan - Wealth Management Brochure
Wealth Management
Global Investment Office
Portfolio Insights
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
State of the Workplace Study 2023
Article Image
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 Spencer Torgan today.
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 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
4Morgan 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.
5When 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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
6Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards 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
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 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
4Morgan 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.
5When 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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
6Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards 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)
