Executive Director, Financial Advisor, Financial Planning Specialist, Portfolio Management Director
Phone:
(561) 393-2020(561) 393-2020
Stratos PB Group at Morgan Stanley
Our Mission Statement
Guiding clients toward making informed investment and financial decisions through professional relationships based on uncompromising integrity, trust, and personalized service
Our Story and Services
At the Stratos PB Group at Morgan Stanley, we work with individuals and families with growing financial responsibilities to help them simplify complexities and gain control of their finances with our straightforward advice, actionable strategies, and world-class resources.
We focus on personalized planning, financial education, and targeted solutions designed to help your wealth support the life you envision, including:
• Preserving your wealth and values across generations
• Guiding you through a business liquidity event
• Managing your cash flow
• Retiring comfortably
• Leaving a meaningful legacy
“Stratos” is a Greek word referring to a foundation or infrastructure that provides reinforcement, and that’s what our team strives to give you and your family—a secure financial base upon which you can build your future.
We focus on personalized planning, financial education, and targeted solutions designed to help your wealth support the life you envision, including:
• Preserving your wealth and values across generations
• Guiding you through a business liquidity event
• Managing your cash flow
• Retiring comfortably
• Leaving a meaningful legacy
“Stratos” is a Greek word referring to a foundation or infrastructure that provides reinforcement, and that’s what our team strives to give you and your family—a secure financial base upon which you can build your future.
Services Include
- AnnuitiesFootnote1
- Alternative InvestmentsFootnote2
- Financial PlanningFootnote3
- Fixed IncomeFootnote4
- Cash Management and Lending ProductsFootnote5
- Life InsuranceFootnote6
- Long Term Care InsuranceFootnote7
- Professional Portfolio ManagementFootnote8
- Retirement PlanningFootnote9
- Wealth ManagementFootnote10
- Business Succession PlanningFootnote11
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Our Process
Our clients look to us for advice that includes their investments but goes far beyond to encompass business planning, investment management, lending strategies and other dimensions of their financial lives. That is why we employ a comprehensive financial planning approach that consists of the following steps:
Step 1: Initial Call
An Initial Call in which we'll discuss what you hope to get from a relationship with us. We'll ask you about your previous experiences with Financial Advisors or on your own. And we'll discuss what you perceive to be your major objectives and potential obstacles to achieving them.
Step 2: Discovery Meeting
A Discovery Meeting in which we will take inventory of your finances and what you want your wealth to accomplish. We'll identify your goals, attempt to quantify their cost, and determine whether you have the resources to help achieve them within your required timeframe.
Step 3: Plan Presentation
A Plan Presentation Meeting in which we'll present your financial plan and the strategies it suggests for filling any gaps between your goals and resources. Your plan will contain an asset allocation based on the size of those gaps and your risk tolerance.
Step 4: Plan Implementation
Plan Implementation that involves bringing your plan to life. This may entail additional consultation with Morgan Stanley professionals who focus on business planning, lending strategies and other disciplines relevant to your situation. It will also involve the development of a personalized investment strategy.
Step 5: Ongoing Evaluation
Ongoing Evaluation to help us determine whether you are proceeding toward your financial destination as anticipated. We monitor your performance on an ongoing basis and may alter our strategies to help accommodate changing circumstances in your life or trends in the financial markets.
Next Steps
If this sounds like what you need to help gain confidence in your financial life and you're ready to explore what that could look like, let's schedule a time for a 30-minute connection conversation.
Disclosure
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
Our Services and Process
Services We Provide
FINANCIAL PLANNING: Goals Analysis, Retirement Income, Debt Analysis, Special Circumstances
INVESTMENT PLANNING: Security Recommendations, Economics, Asset Allocation, Tax Efficient Investing
WEALTH PLANNING: Wills & Legal Documents, Legacy Planning/Gifting, Family Governance, Charitable Planning
EXECUTIVE PLANNING: Incentive Compensation, Stock Options, Concentrated Positions, Stock Monetization
BUSINESS OWNER PLANNING: Risk Management, Cash Management, Retirement Benefits, Succession Planning
EMPLOYER RETIREMENT PLANS: Investment Management & Monitoring, Participant Financial Education, Participation Focus, Plan Design & Implementation, Evaluate & Recommend Record Keeper/Provider, Plan Fiduciary Responsibilities
Our Tailored Process
Step 1 -> Discovery Process: We listen, learn, and identify what is important to you and your legacy
Step 2 -> Develop Strategies: We determine risk and gather data to analyze current investments and create a financial plan
Step 3 -> Onboarding Meeting: We present and discuss the plan
Step 4 -> Deployment of Solutions: Focus on asset movement and assign responsibilities
Step 5 -> Orientation Meeting: Meet and understand the team and "who to contact"
Step 6 -> Wealth Team Integration: Develop and understand your network, liquidity needs, and secondary plans
Step 7 -> Strategy/Tactical Meetings: Monitor, discuss, and adjust future transitions
Comprehensive Financial Planning
Regardless of what stage your life is in - moving ahead in your career, enjoying retirement, or somewhere in between - as your Financial Advisors, we can help you achieve your financial goals.
Using a suite of tools that includes goal-specific analysis, we can work with you to create a realistic, holistic strategy that integrates the various aspects of your financial life, including your investments and cash management needs.
We can create your personal roadmap to help achieve and protect your goals — a framework that makes the connection between your life goals and your financial resources, and provides a baseline for future discussions.
Using a suite of tools that includes goal-specific analysis, we can work with you to create a realistic, holistic strategy that integrates the various aspects of your financial life, including your investments and cash management needs.
We can create your personal roadmap to help achieve and protect your goals — a framework that makes the connection between your life goals and your financial resources, and provides a baseline for future discussions.
2025 Tax Tables
This helpful resource outlines the 2025 tax rate schedule, education and health savings account limits, retirement contribution and deduction limits, among other information. With tax season seemingly always right around the corner, it's best to be as informed as possible.
Access The 2025 Federal Tax Tables
Manage Debt
We 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.
Insurance
We 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.
Retirement
Leading up to and through retirement, we help you identify the most appropriate ways to obtain the income you need and help ensure that you are on track to achieve for financial goals.
Estate Planning Strategies
Regardless of your current financial circumstances, it is crucial to have a backup plan for your money. We regularly review your finances with you and coordinate with your estate attorney to help ensure that your wishes are met in the most efficient and cost-effective way possible.
Managing Investments
We take care of your retirement accounts and other investments based on your comfort level with risk and your current tax circumstances, tailoring your financial strategy to your unique situation, needs, and goals.
Spending & Budgeting
Track spending habits, categorize expenses and create budgets across your Morgan Stanley and external financial accounts with our Spending and Budgeting Tool. We make it easy for you and your financial advisor to oversee trends in your financial life.
Spending & Budgeting Tool
Family Office Resources
Ultra-high net worth individuals and families often have unique and complex planning needs. Here at Morgan Stanley, we have a variety of Family Office Resources that can assist our family office clients in assessing and coming up with solutions to their goals; no matter how complex they may be.
The term “Family Office Resources” is being used as a term of art and not to imply that Morgan Stanley and/or its employees are acting as a family office pursuant to Investment Advisers Act of 1940.
Family Office ResourcesThe term “Family Office Resources” is being used as a term of art and not to imply that Morgan Stanley and/or its employees are acting as a family office pursuant to Investment Advisers Act of 1940.
EVERYTHING YOU NEED, ALL IN ONE PLACE
As a Morgan Stanley client, you have access to a suite of digital tools and resources aimed at helping you manage your finances with greater ease.
- Log into your account via Morgan Stanley Online
- Click the Accounts tab
- Select the Documents tab
- Go to the Statement drop-down tab
- Select Tax Documents and download them
Morgan Stanley Online
When you sign up for MSO, you can conveniently and securely manage your account online or on your mobile device.
Total Wealth View
View all your external financial accounts directly in Morgan Stanley Online or the mobile app. By linking your accounts, you'll benefit from more informed wealth planning, secure data access and convenient connectivity.
How to Access Your Tax Forms
Reserved Living and Giving
Save on travel, dining, holiday gifts and more with Morgan Stanley's Reserved Living and Giving program.
Digital Vault
Digital Vault allows for easy sharing and convenient access to your most important documents from wills and deeds to financial statements and tax fillings. Easily manage your encrypted financial records all in one place.
eDelivery
eDelivery provides you with the ability to view statements and other documents electronically in lieu of paper. Clients who are registered in Morgan Stanley Online may enroll in eDelivery.
Location
595 So Federal Hwy
Ste 400
Boca Raton, FL 33432
US
Direct:
(561) 393-1556(561) 393-1556
Meet Stratos PB Group
Vice President, Wealth Management, Financial Advisor, Senior Portfolio Manager
Phone:
(561) 393-1556(561) 393-1556
Phone:
(561) 393-2028(561) 393-2028
Senior Vice President, Wealth Management, Financial Advisor, Senior Portfolio Manager
Phone:
(561) 393-1555(561) 393-1555
About Adam Foldes
As a financial advisor, I make it my priority to put all of my client’s needs at the forefront of our wealth planning conversations. I have been helping clients achieve their goals since 2012, but previous to that I served in a number of different capacities within the firm.
Originally from Brooklyn, New York, and growing up in South Florida, my career began in 2001 while working towards my bachelor’s degree in Finance at Florida Atlantic University. I began with Smith Barney in Boca Raton, Florida working exclusively for a team coordinating their client marketing systems. Post-graduation, I spent part of my career with Merrill Lynch on the 401(k) and stock option desk in Jacksonville, Florida before re-joining Smith Barney as an operations manager. In addition, my last role prior to becoming a financial advisor was as a regional technology trainer serving advisors in Southeast Florida on how to best utilize the systems available to them to assist clients. Through this role, I developed a passion for our planning tools and the impact that they can have on a client’s sense of confidence. Fast forward nearly a decade and my passion has not diminished. I strive to do everything I can to help give my clients the ability to achieve their financial goals.
When I am not working, I enjoy spending time with my family, cooking and listening to music. My wife, Carin, and I live in Boynton Beach, Florida with our two sons, AJ & Zachary. They keep us on our toes, but serve as a reminder of how important it is to have priorities in life. We are a low key family and find great joy in enjoying the simple pleasures in life.
2020, 2022, 2023 and 2024 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2020, 2022 2023 and 2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Originally from Brooklyn, New York, and growing up in South Florida, my career began in 2001 while working towards my bachelor’s degree in Finance at Florida Atlantic University. I began with Smith Barney in Boca Raton, Florida working exclusively for a team coordinating their client marketing systems. Post-graduation, I spent part of my career with Merrill Lynch on the 401(k) and stock option desk in Jacksonville, Florida before re-joining Smith Barney as an operations manager. In addition, my last role prior to becoming a financial advisor was as a regional technology trainer serving advisors in Southeast Florida on how to best utilize the systems available to them to assist clients. Through this role, I developed a passion for our planning tools and the impact that they can have on a client’s sense of confidence. Fast forward nearly a decade and my passion has not diminished. I strive to do everything I can to help give my clients the ability to achieve their financial goals.
When I am not working, I enjoy spending time with my family, cooking and listening to music. My wife, Carin, and I live in Boynton Beach, Florida with our two sons, AJ & Zachary. They keep us on our toes, but serve as a reminder of how important it is to have priorities in life. We are a low key family and find great joy in enjoying the simple pleasures in life.
2020, 2022, 2023 and 2024 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2020, 2022 2023 and 2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Securities Agent: TN, KY, IL, FL, WI, VA, CA, PA, OR, NJ, NC, DE, AR, MS, MD, LA, CO, WA, UT, TX, OH, DC, CT, AZ, NV, NY, MA, GA, AL, ME, SC; BM/Supervisor; General Securities Representative; Investment Advisor Representative
NMLS#: 1408702
CA Insurance License #: 0K42910
NMLS#: 1408702
CA Insurance License #: 0K42910
About Jason Lieberman
Jason Lieberman is a Financial Advisor, Vice President and Senior Portfolio Manager for Morgan Stanley Wealth Management and joined the Boca Raton office in 2021. Jason holds the Certified Investment Management Analyst® (CIMA®) designation and the Chartered Retirement Planning Counselor℠(CRPC®) designation. Jason advises clients on wealth accumulation, preservation and transfer through the creation of individually customized wealth management strategies utilizing a defined process. Having formerly consulted for university endowment funds, as well as having managed actively traded equity portfolios, Jason uses this knowledge and experience to provide the key elements of asset allocation modeling, portfolio analysis, and fund selection & management. For business owners, business banking and lending information are also available. Understanding client's needs and goals are fundamental to building lasting relationships & becoming an essential resource.
Jason graduated from Ashland University in Ashland, Ohio, where he earned degrees in Marketing and Sport Communication, with a minor in Finance. While at Ashland, he was a member of the varsity baseball team and created a student run investment portfolio.
Jason graduated from Ashland University in Ashland, Ohio, where he earned degrees in Marketing and Sport Communication, with a minor in Finance. While at Ashland, he was a member of the varsity baseball team and created a student run investment portfolio.
Securities Agent: OR, OH, MD, GA, MA, WI, MS, WA, UT, PA, NC, AR, NJ, KY, HI, CO, TN, NV, TX, IL, AZ, DC, CT, VA, LA, FL, ME, SC, NY, DE, CA, AL; BM/Supervisor; General Securities Representative; Investment Advisor Representative
NMLS#: 521378
CA Insurance License #: 0N05891
NMLS#: 521378
CA Insurance License #: 0N05891
About Marc Meran
Marc Meran, Vice President-Portfolio Manager, is a Financial Advisor at Morgan Stanley based in Boca Raton, Florida. With over 15 years of experience in the financial services industry, Marc has helped clients successfully navigate through various market cycles and stay on top of market changes and industry trends. Marc is passionate about helping high net worth individuals and their families develop and implement customized wealth management strategies to achieve their ideal lifestyle and this is what drives him every day.
Prior to joining Morgan Stanley, Marc spent several years as a Research Analyst at a hedge fund in New York, before becoming a Project Manager at a land development company in South Florida. These experiences have taught him that taking small steps forward each day and having a disciplined process leads to long term results and puts you in a position to succeed. In 2007, Marc decided to pursue a passion of helping others manage and grow their wealth over time by becoming a Financial Advisor. Marc has worked at several multinational banks including Merrill Lynch and Wells Fargo Advisors, and has over 15 years of experience in delivering excellent customer service and gaining his clients’ trust.
Marc received his Bachelor of Science from the University of Pennsylvania. Marc is Series 7 and 66 Licensed and holds his NMLS Mortgage License, as well as Insurance Licenses of Life, Health and Variable Annuities. Outside of work, Marc frequently participates in local charity events, walks, and clean-ups, including participating in the past on young leadership committees for The American Heart Association, Cystic Fibrosis Foundation, the Ghost Light Society for the Broward Center of Performing Arts, and Big Brothers, Big Sisters. Marc and his wife, Suzanne, along with their two daughters, Eva (5) and Liv (3), love to try new things in their community and enjoy going on family bike rides.
CRC 3899223
Prior to joining Morgan Stanley, Marc spent several years as a Research Analyst at a hedge fund in New York, before becoming a Project Manager at a land development company in South Florida. These experiences have taught him that taking small steps forward each day and having a disciplined process leads to long term results and puts you in a position to succeed. In 2007, Marc decided to pursue a passion of helping others manage and grow their wealth over time by becoming a Financial Advisor. Marc has worked at several multinational banks including Merrill Lynch and Wells Fargo Advisors, and has over 15 years of experience in delivering excellent customer service and gaining his clients’ trust.
Marc received his Bachelor of Science from the University of Pennsylvania. Marc is Series 7 and 66 Licensed and holds his NMLS Mortgage License, as well as Insurance Licenses of Life, Health and Variable Annuities. Outside of work, Marc frequently participates in local charity events, walks, and clean-ups, including participating in the past on young leadership committees for The American Heart Association, Cystic Fibrosis Foundation, the Ghost Light Society for the Broward Center of Performing Arts, and Big Brothers, Big Sisters. Marc and his wife, Suzanne, along with their two daughters, Eva (5) and Liv (3), love to try new things in their community and enjoy going on family bike rides.
CRC 3899223
Securities Agent: AZ, PA, UT, OR, MA, CT, ME, MD, LA, KY, CA, NY, NC, CO, OH, WY, IL, GA, AL, WI, WA, DC, TX, SC, MS, DE, AR, TN, FL, VA, NV, NJ; General Securities Representative; Investment Advisor Representative
NMLS#: 521331
CA Insurance License #: 0180181
NMLS#: 521331
CA Insurance License #: 0180181
About Stephen Guttenberg
Stephen Guttenberg is a Senior Vice President, Financial Advisor and Senior Portfolio Manager at Morgan Stanley Wealth Management and joined the Boca Raton office in 2021. With more than 27 years of experience servicing clients, Stephen recently joined the merits of Morgan Stanley after being a Wealth Advisor at Merrill Lynch.
Stephen graduated from Rochester Institute of Technology, where he earned degrees in Business and Hotel Administration. He is a native of Rochester, New York and has been a resident of Florida since 1982 with his wife of nearly 25 years.
Stephen graduated from Rochester Institute of Technology, where he earned degrees in Business and Hotel Administration. He is a native of Rochester, New York and has been a resident of Florida since 1982 with his wife of nearly 25 years.
Securities Agent: SC, IL, TX, OR, MD, KY, AL, TN, OH, FL, CO, NC, DC, CA, NV, MS, DE, UT, WI, PA, MA, GA, AZ, WA, VA, NJ, CT, NY, LA, AR, ME, RI; General Securities Representative; Investment Advisor Representative
NMLS#: 521368
NMLS#: 521368
Contact Adam Foldes
Contact Jason Lieberman
Contact Marc Meran
Contact Stephen Guttenberg
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
A Simple Six-Step Retirement Checkup
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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
Iran Conflict: Seven Takeaways for Investors
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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
529 Plans: A Powerful Tool to Save for Education
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Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Ready to start a conversation? Contact Stratos PB Group today.
1Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
3Morgan 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.
4Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
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
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8Morgan 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.
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 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.
10Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
11Morgan 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.
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 Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
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 | Morgan Stanley
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
3Morgan 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.
4Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
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
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8Morgan 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.
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 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.
10Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
11Morgan 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.
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.
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Awards Disclosures | Morgan Stanley
CRC 4665150 (8/2025)
