Steven Reegler
Senior Vice President, Wealth Advisor
Phone:
(415) 693-6081(415) 693-6081
Steven Reegler, CFP®, CFA®
Senior Vice President,
Wealth Advisor,
Portfolio Management Director
Direct:
(415) 693-6081(415) 693-6081
Toll-Free:
(800) 347-3488(800) 347-3488
My Mission Statement
To deliver top-quality investment advice, and sound financial planning, with meticulous attention to detail and exceptional service to a select group of individuals and families.
About Us
The Reegler, Taylor, Harris Group has for decades centered our efforts around putting the interests of our clients first and doing whatever we can to make the high-net-worth individuals and families we serve confident in their financial well-being. We believe the best outcomes occur when we form a collaborative relationship and become the main resource for every aspect of your financial life. We are dedicated to your success, whether it be helping you to formulate your goals, sharing our market insights and instilling discipline during turbulent periods, or assisting a family member with a financial challenge. Developing client relationships, which often go well beyond money matters, are the most rewarding part of what we do.
Our training, experience and service commitment enable us to utilize all the tools at our disposal to meet your needs. These tools include sophisticated financial planning and investment management capabilities that leverage the unparalleled resources of The Reegler, Taylor, Harris Group at Morgan Stanley. Gaining access to your complete financial picture and taking the time to understand your aspirations allows us to develop tailored solutions in line with your long-term objectives. Depending on your life stage, we can expand our planning to encompass multiple generations and formulate legacy strategies to provide for your extended family.
We embrace the concept of “investment excellence” and seek to deliver the best possible results for you across all market cycles. Our investment process starts with identifying a strategic asset allocation that considers not only your goals and risk tolerance but also your personal values and impact goals for your wealth. Asset allocation models draw on the insights of Morgan Stanley’s Global Investment Committee and are adjusted to accommodate your specific needs and to take advantage of market conditions. We can tilt your portfolio toward long-term wealth accumulation or protection depending on your preferences, managing for growth and income as well as tax efficiency while embracing diversification to control risk.
Our training, experience and service commitment enable us to utilize all the tools at our disposal to meet your needs. These tools include sophisticated financial planning and investment management capabilities that leverage the unparalleled resources of The Reegler, Taylor, Harris Group at Morgan Stanley. Gaining access to your complete financial picture and taking the time to understand your aspirations allows us to develop tailored solutions in line with your long-term objectives. Depending on your life stage, we can expand our planning to encompass multiple generations and formulate legacy strategies to provide for your extended family.
We embrace the concept of “investment excellence” and seek to deliver the best possible results for you across all market cycles. Our investment process starts with identifying a strategic asset allocation that considers not only your goals and risk tolerance but also your personal values and impact goals for your wealth. Asset allocation models draw on the insights of Morgan Stanley’s Global Investment Committee and are adjusted to accommodate your specific needs and to take advantage of market conditions. We can tilt your portfolio toward long-term wealth accumulation or protection depending on your preferences, managing for growth and income as well as tax efficiency while embracing diversification to control risk.
Services Include
- Wealth ManagementFootnote1
- Financial PlanningFootnote2
- Retirement PlanningFootnote3
- Professional Portfolio ManagementFootnote4
- Cash ManagementFootnote5
- Estate Planning StrategiesFootnote6
- Executive Financial ServicesFootnote7
- Sustainable InvestingFootnote8
- Planning for Education FundingFootnote9
- Trust AccountsFootnote10
- 401(k) Rollovers
- Certificates of DepositFootnote11
- Corporate BondsFootnote12
- Exchange Traded FundsFootnote13
- Fixed IncomeFootnote14
- Municipal BondsFootnote15
- LGBT+ Planning ServicesFootnote16
- UGMA/UTMAFootnote17
Securities Agent: AR, AL, RI, MI, KS, ID, IA, GA, WI, OH, NY, NJ, CO, SC, PA, NV, IN, AZ, WA, TN, NC, MA, LA, KY, WY, CT, MD, IL, MO, HI, UT, PR, NM, NH, FL, DC, CA, VT, VA, TX, OR, MT, DE; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1295692
NMLS#: 1295692
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
WHY WORK WITH US
As a client, we will be your persistent advocate, proactively responding to your current and changing needs and sharing our knowledge of capital markets to keep you informed about what is happening in the world and how that could impact your wealth.
1. Discovery Process
Our relationship starts with a wide-ranging discovery process covering your investments, cash, and insurance holdings, as well as trusts, real estate, and business interests.
2. Develop a Personalized Plan
We develop a personalized financial plan for your assets, strategies to efficiently manage your liabilities and supporting solutions to achieve your short and long-term goals.
3. Expanding Relationship
As our work together expands and the relationship deepens, many of our clients choose us as their primary financial advisor, giving us full transparency into their financial lives. In this role, we are best positioned to truly focus on you, serving as your single source for information and guidance. We believe honesty and integrity are essential to a successful financial partnership and treating you as family is our overriding priority.
4. Our Mission
The team’s senior member, Steven Reegler, has been consistently recognized over the years by Morgan Stanley for maintaining high standards in his client relationships and this focus on excellence remains our constant emphasis. You will also notice our meticulous attention to detail and commitment to frequent, one-on-one communications. We strive to provide you with financial peace of mind so that you can pursue your passions.
Awards
• Morgan Stanley* Presidents Club 2006 - 2009
• Morgan Stanley* Masters Club 2010
• Morgan Stanley* Masters Club 2011
• Dean Witter Reynolds Account Executive Training Program 1987
• Morgan Stanley* Masters Club 2012
• Morgan Stanley* Masters Club 2013
• Morgan Stanley* Masters Club 2014
• Morgan Stanley* Masters Club 2015
• Morgan Stanley* Masters Club 2016
• Morgan Stanley* Masters Club 2010
• Morgan Stanley* Masters Club 2011
• Dean Witter Reynolds Account Executive Training Program 1987
• Morgan Stanley* Masters Club 2012
• Morgan Stanley* Masters Club 2013
• Morgan Stanley* Masters Club 2014
• Morgan Stanley* Masters Club 2015
• Morgan Stanley* Masters Club 2016
Contact Us
Steven Reegler: (415) 693-6081
Patrick Taylor: (415) 693-6783
Tricia Tsui: (415) 693- 6170
Patrick Taylor: (415) 693-6783
Tricia Tsui: (415) 693- 6170
OUR CLIENTS
We have the privilege of working with a select number of highly successful executives and entrepreneurs as well as leading legal and medical professionals. Most have built their own wealth and thus have a high regard for the value of financial planning. Another common element is our clients’ steadfast commitment to their professional pursuits and personal responsibilities, which highlights the need to partner with a trusted team to manage their wealth.
Investing With Impact
Many clients do not realize what a powerful impact they can make through the intentional selection of their investments. This approach, which has evolved over the years from socially responsible investing based on negative screening to sustainable or environmental, social and governance (ESG) investing that seeks to promote positive behaviors supportive of progress and change, experienced a huge inflection point in 2020 and interest continues to boom.
What We Offer
We can offer you a strong familiarity with sustainable investment vehicles, education on ESG investing as well as exclusive access to Morgan Stanley’s industry-leading Investing with Impact platform. Investing with Impact is unique in wealth management for the depth and breadth of choices it offers to support causes our clients are most passionate about. Let us guide you through the many options to align your investments with your environmental, social, and personal values.
Pre-Liquidity Planning
Speak with us in advance of realizing a liquidity event such as an IPO or sale of a business.
Click here to learn more
Tax Efficient Investing
Integrate tax considerations into your investment strategy throughout the year
Click here to learn more
Charitable Giving
A smart way to give to causes and charities you care about
Click here to learn moreFIRM 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.
Tax Planning
Understand your guide to tax-efficient planning. Learn about tax rates, education and health savings account limits, retirement contribution and deduction limits, among other information.
Click here to learn more
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.
Click here to learn more
Thoughts On The Market Podcast
With perspectives on the forces shaping the market, join Mike Wilson, Chief Investment Officer and Chief US Equity Strategist for Morgan Stanley, as he and his colleagues discuss a variety of viewpoints regarding the latest trends in the financial marketplace.
Click here to listen
Investment Research
Through timely, in-depth analysis of companies, industries, markets, and world economies, Morgan Stanley has earned its reputation as a leader in the field of investment research.
Click here to learn more
Cybersecurity
At Morgan Stanley, safeguarding your assets and personal information is our top priority. We proactively defend our systems and monitor the threat landscape to help anticipate issues before they arise and respond appropriately when they do.
Click here to learn more
Morgan Stanley Online (MSO)
Morgan Stanley Online (MSO) has a variety of features beyond viewing your account balance and activity that you should take advantage of. They include:
- eAuthorizations, an enhanced way to authorize transactions with one click on Morgan Stanley Online and the Morgan Stanley Mobile App.
- eDelivery, which reduces paper documents sent by mail and can protect your personal information from getting into the hands of identity thieves.
- Managing your everyday finances such as paying bills online, sending money or transferring funds.
Click here to learn more- eAuthorizations, an enhanced way to authorize transactions with one click on Morgan Stanley Online and the Morgan Stanley Mobile App.
- eDelivery, which reduces paper documents sent by mail and can protect your personal information from getting into the hands of identity thieves.
- Managing your everyday finances such as paying bills online, sending money or transferring funds.
Location
101 California St 23rd
Fl
San Francisco, CA 94111
US
Direct:
(415) 693-6081(415) 693-6081
Toll-Free:
(800) 347-3488(800) 347-3488
Fax:
(415) 578-9438(415) 578-9438
Meet My Team
Patrick Taylor
Vice President, Financial Advisor
Phone:
(415) 693-6783(415) 693-6783
Tricia Tsui
Wealth Management Analyst
Phone:
(415) 693-6170(415) 693-6170
Jeannette McCabe Harris, CFP
Senior Vice President, Financial Advisor, Certified Financial Planner
Mark Harris, CPM
First Vice President, Financial Advisor, Portfolio Manager
Jacqueline Harris
Financial Advisor
About Steven Reegler
With decades of dedicated service at Morgan Stanley, Steven Reegler has continually adapted his approach to financial management, focusing on delivering unparalleled financial planning and advisory services tailored to affluent clients. From humble beginnings, putting himself through college and building his practice from the ground up, Steven embodies the ethos of hard work and determination. His unwavering commitment to helping clients achieve financial well-being has been the cornerstone of his career.
As a Chartered Financial Analyst® and a Senior Portfolio Manager, Steven possesses a profound understanding of the intricate dynamics of financial markets. His expertise extends across various asset classes, including stocks, bonds, and alternative investments, allowing him to craft meticulously designed investment portfolios that balance risk and return to meet the unique needs of each client. Leveraging his rigorous training, Steven excels in selecting and orchestrating teams of investment managers to construct optimized portfolios, ensuring clients' financial objectives are met.
Furthermore, Steven is a CERTIFIED FINANCIAL PLANNER™, equipped with comprehensive knowledge spanning all facets of high net-worth wealth management. From devising comprehensive financial plans to optimizing cash flow strategies, Steven's proficiency enables him to navigate complex financial landscapes with finesse, providing his clients with the peace of mind they deserve.
Steven holds a Bachelor of Science degree in finance from the University of Florida, Gainesville, Florida, where he laid the foundation for his illustrious career. Outside of his professional endeavors, Steven resides in the Noe Valley neighborhood of San Francisco with his life partner and beloved cat. He is deeply passionate about animal welfare and environmental conservation, actively supporting organizations such as the SPCA and various environmental causes. In his leisure time, Steven enjoys spending time outdoors, whether it's sailing, hiking, or cycling, finding solace and inspiration amidst nature's beauty. An avid reader, he relishes the opportunity to delve into thought-provoking literature, enriching his perspective and fueling his intellectual curiosity.
As a Chartered Financial Analyst® and a Senior Portfolio Manager, Steven possesses a profound understanding of the intricate dynamics of financial markets. His expertise extends across various asset classes, including stocks, bonds, and alternative investments, allowing him to craft meticulously designed investment portfolios that balance risk and return to meet the unique needs of each client. Leveraging his rigorous training, Steven excels in selecting and orchestrating teams of investment managers to construct optimized portfolios, ensuring clients' financial objectives are met.
Furthermore, Steven is a CERTIFIED FINANCIAL PLANNER™, equipped with comprehensive knowledge spanning all facets of high net-worth wealth management. From devising comprehensive financial plans to optimizing cash flow strategies, Steven's proficiency enables him to navigate complex financial landscapes with finesse, providing his clients with the peace of mind they deserve.
Steven holds a Bachelor of Science degree in finance from the University of Florida, Gainesville, Florida, where he laid the foundation for his illustrious career. Outside of his professional endeavors, Steven resides in the Noe Valley neighborhood of San Francisco with his life partner and beloved cat. He is deeply passionate about animal welfare and environmental conservation, actively supporting organizations such as the SPCA and various environmental causes. In his leisure time, Steven enjoys spending time outdoors, whether it's sailing, hiking, or cycling, finding solace and inspiration amidst nature's beauty. An avid reader, he relishes the opportunity to delve into thought-provoking literature, enriching his perspective and fueling his intellectual curiosity.
Securities Agent: AR, AL, RI, MI, KS, ID, IA, GA, WI, OH, NY, NJ, CO, SC, PA, NV, IN, AZ, WA, TN, NC, MA, LA, KY, WY, CT, MD, IL, MO, HI, UT, PR, NM, NH, FL, DC, CA, VT, VA, TX, OR, MT, DE; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
About Patrick Taylor
Patrick Taylor applies over 11 years of financial planning and wealth management experience to help families achieve peace of mind with their money. As a CERTIFIED FINANCIAL PLANNER™, Patrick uses his expertise to create custom financial plans and targeted investment strategies for our clients. A deep interest in the global economy and financial markets attracted Patrick to the financial industry, but the connections developed with clients have been the most fulfilling aspect of his career. The trust placed in Patrick motivates him to always go the extra mile to solve a problem or make sure a client has the answer they need, leading to relationships that are as much personal as professional. Prior to joining Morgan Stanley in 2013, he was a Financial Consultant at AXA Advisors in San Francisco with a focus on life and long-term care insurance, estate planning and executive compensation plans. Patrick earned a B.A. in communications and media studies from Cal Poly, San Luis Obispo. A California native and Bay area local, he lives in San Francisco with his wife, Jennifer. Outside of work, Patrick and Jennifer like to spend time with their families and take advantage of Northern California’s great outdoors, swimming and camping in the summer and hitting the slopes in the winter. Patrick loves dogs and enjoys unwinding with his terrier as well as supporting the San Francisco SPCA.
Securities Agent: DC, MI, SC, KS, WI, MA, AR, NM, CT, CA, AL, WY, NJ, MD, IL, WA, VT, IN, IA, VA, TX, OH, MT, ID, DE, UT, HI, GA, CO, NY, NH, OR, MO, LA, RI, PA, NV, NC, KY, FL, AZ; General Securities Representative; Investment Advisor Representative
About Tricia Tsui
Tricia Tsui is a Wealth Management Analyst supporting the team’s clients and conducting portfolio analysis. Tricia joined Morgan Stanley in 2016 and provides personalized services to all our clients to ensure seamless management of their accounts. In addition, she works alongside Steven Reegler and Patrick Taylor to develop comprehensive financial strategies by utilizing Morgan Stanley’s in-depth analytical software and serving as a liaison with our internal specialists. A native of Guam, Tricia earned a B.A. in economics from the University of California, Berkeley. Away from the office, Tricia enjoys developing new culinary skills, hiking, and traveling.
About Jeannette McCabe Harris
Securities Agent: IA, WA, NV, ID, PR, OR, MD, IL, GA, DE, CT, CO, VT, WY, AZ, PA, MI, MA, KY, VA, MO, LA, FL, DC, AL, SC, NY, NJ, NH, MT, MN, KS, UT, RI, OH, IN, HI, NM, CA, AR, WI, TX, NC; General Securities Representative; Investment Advisor Representative; Managed Futures
About Mark Harris
Securities Agent: GA, PA, NJ, DE, AZ, AL, VA, OH, MI, CT, NM, LA, IA, TX, OR, NC, MA, WY, RI, MT, MN, KY, DC, WA, SC, KS, HI, CO, CA, WI, VT, PR, NY, IL, FL, AR, NH, MD, ID, UT, NV, MO, IN; General Securities Representative; Investment Advisor Representative
About Jacqueline Harris
Securities Agent: MO, KS, IN, DE, VA, OH, NM, NJ, MN, HI, CT, MD, FL, WA, RI, NY, NV, MI, MA, KY, IA, GA, CO, AR, VT, IL, CA, WI, UT, OR, NH, AZ, AL, WY, SC, DC, LA, ID, TX, PA, NC, MT, PR; General Securities Representative; Investment Advisor Representative
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
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
Article Image
Ready to start a conversation? Contact Steven Reegler 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 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3When 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.
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 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
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.
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.
8The 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.
9When 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.
10Morgan 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.
11Investors 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.
12Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
13An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
14Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
15Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
16Morgan 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.
17Morgan 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
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3When 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.
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 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
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.
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.
8The 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.
9When 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.
10Morgan 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.
11Investors 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.
12Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
13An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
14Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
15Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
16Morgan 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.
17Morgan 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.
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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.
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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.
Awards Disclosures
CRC 6491812 (04/2024)
