Elisabeth Andreason, CFP®, CAP®, ChFC®, CWS®
Managing Director, Wealth Management, Wealth Advisor, CERTIFIED FINANCIAL PLANNER®, Qualified Plan Financial Consultant
Phone:
(925) 930-3809(925) 930-3809
The Andreason Group at Morgan Stanley
Direct:
(925) 930-3809(925) 930-3809
Our Mission Statement
CLARITY
SIMPLICITY
DIRECTION
Through education, we empower you to make informed decisions when transitioning into retirement. We deliver tailored strategies to strengthen your financial future, so you can focus on what brings true meaning to your life.
SIMPLICITY
DIRECTION
Through education, we empower you to make informed decisions when transitioning into retirement. We deliver tailored strategies to strengthen your financial future, so you can focus on what brings true meaning to your life.
About Us
To Elisabeth Andreason, the best financial plan reflects your life — your values and dreams. That’s why she takes the time to really get to know her clients. Meetings take as long as necessary to define your goals, identify opportunities and choose solutions that make sense to you. Plans include innovative solutions to problems that clients often did not even know existed. Solutions then evolve with the clients’ changing circumstances.
Elisabeth’s strength is guiding the implementation of uniquely crafted financial plans that include input and collaboration from the client’s attorney and CPA. When asked, her clients have said they have never before experienced such a coordinated effort to address their personal financial needs.
With a team of support staff striving to transcend client service expectations, Elisabeth is available to provide her clients with undivided attention during meetings. “Teaching is the foundation of my client relationships. I want to make sure my clients know what we are doing together and why.” Clients choose to work with Elisabeth for her vast knowledge, educational style, diligent attention to detail and collaborative approach, which leave them feeling heard and understood.
For more than 20 years, Elisabeth Andreason has been helping clients with their wealth management needs. Elisabeth holds a BA from Wellesley College in English, Education and Psychology, Master of Science in Financial Services, as well as the designation Certified Financial Planner™ practitioner which demonstrates her knowledge in developing specific strategies seeking to minimize taxes, preserve assets, maximize growth, and transfer wealth.
• Forbes Top Women Wealth Advisors Best-In-State (2025)
• Forbes Team Member - Best-In-State Wealth Management Teams (2025)
• Forbes Best-In-State Wealth Advisors (2024)
Forbes Top Women Wealth Advisors Best-In-State (formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors) Source: Forbes.com (Awarded 2021-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
Forbes Best-In-State Wealth Management Teams Source: Forbes.com (Awarded 2023-2025) Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award.
Forbes Best-In-State Wealth Advisors Source: Forbes.com (Awarded 2020-2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Elisabeth’s strength is guiding the implementation of uniquely crafted financial plans that include input and collaboration from the client’s attorney and CPA. When asked, her clients have said they have never before experienced such a coordinated effort to address their personal financial needs.
With a team of support staff striving to transcend client service expectations, Elisabeth is available to provide her clients with undivided attention during meetings. “Teaching is the foundation of my client relationships. I want to make sure my clients know what we are doing together and why.” Clients choose to work with Elisabeth for her vast knowledge, educational style, diligent attention to detail and collaborative approach, which leave them feeling heard and understood.
For more than 20 years, Elisabeth Andreason has been helping clients with their wealth management needs. Elisabeth holds a BA from Wellesley College in English, Education and Psychology, Master of Science in Financial Services, as well as the designation Certified Financial Planner™ practitioner which demonstrates her knowledge in developing specific strategies seeking to minimize taxes, preserve assets, maximize growth, and transfer wealth.
• Forbes Top Women Wealth Advisors Best-In-State (2025)
• Forbes Team Member - Best-In-State Wealth Management Teams (2025)
• Forbes Best-In-State Wealth Advisors (2024)
Forbes Top Women Wealth Advisors Best-In-State (formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors) Source: Forbes.com (Awarded 2021-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
Forbes Best-In-State Wealth Management Teams Source: Forbes.com (Awarded 2023-2025) Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award.
Forbes Best-In-State Wealth Advisors Source: Forbes.com (Awarded 2020-2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Workplace Advisor - Equity Compensation
- Owning equity in the company you work for makes you more than an employee, it makes you a shareholder. Our clients understand that decisions they make around company stock and options are some of the most consequential they'll face in their financial life. We are part of a small group of Morgan Stanley advisors that have earned the designation of Workplace Advisor - Equity Compensation. Our team has trained for and experienced these complex issues and are equipped with the tools and resources necessary to construct a robust equity compensation strategy.
Services Include
- 401(k) Rollovers
- Retirement PlanningFootnote1
- Wealth ManagementFootnote2
- Financial PlanningFootnote3
- Estate Planning StrategiesFootnote4
- Professional Portfolio ManagementFootnote5
- Sustainable InvestingFootnote6
- Municipal BondsFootnote7
- Philanthropic ManagementFootnote8
- LGBT+ Planning ServicesFootnote9
- Structured ProductsFootnote10
- Stock Plan ServicesFootnote11
- Cash Management and Lending ProductsFootnote12
- Life InsuranceFootnote13
- Long Term Care InsuranceFootnote14
- 529 PlansFootnote15
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
In the Press
2018, 2019 Five Star Wealth Manager Award
Source: fivestarprofessional.com (Awarded 2018, 2019) The award was determined based on an evaluation process conducted by Five-Star Professional based on objective criteria. The award was not based on a specific time period.
Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Jan 2020) Data compiled by SHOOK Research LLC based on time period from 6/30/18 - 6/30/19.
Source: fivestarprofessional.com (Awarded 2018, 2019) The award was determined based on an evaluation process conducted by Five-Star Professional based on objective criteria. The award was not based on a specific time period.
Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Jan 2020) Data compiled by SHOOK Research LLC based on time period from 6/30/18 - 6/30/19.
Forbes Best-In-State Wealth Management Teams (2023)
• Forbes Best-In-State Women Advisors (2022)
• Forbes America's Top Women Wealth Advisors (2021)
• Forbes Best-In-State Wealth Advisors (2020-2021)
• Forbes America's Top Women Wealth Advisors (2021)
• Forbes Best-In-State Wealth Advisors (2020-2021)
Resources:
This is a guide prepared by Elisabeth that you can print and complete at home.
Record Keeper & Document OrganizerINVOLVEMENT IN OUR COMMUNITY:
The Andreason Group is a close-knit team of caring professionals that values loyalty to each other and to the individuals, families and organizations we serve. We have deep roots in our community.
Our charitable work encompasses supporting education, art, music, theater, access to healthcare, and encouraging the development of our next generation.
Morgan Stanley’s culture of global citizenship is a tradition we embrace locally by leveraging our global resources in the communities where we do business. We are proud to be members of the Morgan Stanley family and carry on the firm’s philanthropic mission.
Our charitable work encompasses supporting education, art, music, theater, access to healthcare, and encouraging the development of our next generation.
Morgan Stanley’s culture of global citizenship is a tradition we embrace locally by leveraging our global resources in the communities where we do business. We are proud to be members of the Morgan Stanley family and carry on the firm’s philanthropic mission.
Collectively and individually, we support the following organizations:
AADP - Asian American Donor Program
Bay Area Bike Project
Berkeley Repertory Theatre
Biotech Partners
Cal Shakes Theater - Student Discovery Matinees
CASA - Court Appointed Special Advocates
Comfort Zone Camp
Concord RotaCare Clinic
Contra Costa Food Bank
Diablo Scorpion Lacrosse Club
Facing History & Ourselves
First Tee – Contra Costa
Habitat for Humanity
HOPE Solutions
Impact 100 East Bay
Jackson Orthopedic Foundation
MAP International - Medicine for the World
Meals on Wheels
New Day for Children
Rainbow Community Center
Rotary Club of Concord
Unitarian Universalist Church - Walnut Creek
Rotary VR Project
Rotary International
Ruth Bancroft Garden
Salvation Army
SF Symphony - Sound Minds Program
Stone Soup Creative Writing Magazine
Underdog Animal Rescue
Bay Area Bike Project
Berkeley Repertory Theatre
Biotech Partners
Cal Shakes Theater - Student Discovery Matinees
CASA - Court Appointed Special Advocates
Comfort Zone Camp
Concord RotaCare Clinic
Contra Costa Food Bank
Diablo Scorpion Lacrosse Club
Facing History & Ourselves
First Tee – Contra Costa
Habitat for Humanity
HOPE Solutions
Impact 100 East Bay
Jackson Orthopedic Foundation
MAP International - Medicine for the World
Meals on Wheels
New Day for Children
Rainbow Community Center
Rotary Club of Concord
Unitarian Universalist Church - Walnut Creek
Rotary VR Project
Rotary International
Ruth Bancroft Garden
Salvation Army
SF Symphony - Sound Minds Program
Stone Soup Creative Writing Magazine
Underdog Animal Rescue
VALUABLE TOOLS AND RESOURCE:
VALUABLE TOOLS AND RESOURCE:
Our comprehensive suite of digital tools are designed to help enhance every aspect of your financial life. Below are a few of the technologies we have to offer our clients. We have also included resources meant to transform complex financial analysis and research into concise and easily digestible content.
Our comprehensive suite of digital tools are designed to help enhance every aspect of your financial life. Below are a few of the technologies we have to offer our clients. We have also included resources meant to transform complex financial analysis and research into concise and easily digestible content.
Donor Advised Funds (DAF)
A solution that may help you execute planned giving, offer an efficient way to donate complex and illiquid assets, and simplify charitable giving reporting while potentially mitigating taxes. Bring philanthropy into your wealth plan and help amplify the impact of your giving through the Morgan Stanley Global Impact Funding Trust (MS GIFT).
MS GIFT
Morgan Stanley Online
Morgan Stanley Online allows you to seamlessly and securely manage your investments and everyday finances in one place.
Register for Morgan Stanley Online Today
Digital Vault
Digital Vault lets you easily and securely manage and share important documents such as account statements, authorizations, tax filings and other relevant documents with your Financial Advisor.
Get Started Today
Structured Investments
Customized investment strategies —such as yield enhancement strategies and risk mitigation strategies —that serve as powerful allocation tools in modern portfolios.
Security Center
Learn about our latest security measures, how we are safeguarding your assets and personal information and find actionable insights and resources on important cybersecurity topics to enhance your own online security.
Visit our Security Center
Socially Responsible Investing
Our Investing with Impact platform has designed a proprietary process to identify your impact priorities and match them with one of our 360+ investment strategies or customizable portfolio solutions across asset classes, to tailor your portfolio and monitor both financial and impact results over time.
Morgan Stanley Investing with Impact
eDelivery
Sign up for eDelivery today and start receiving email notifications as soon as your account documents are available on Morgan Stanley Online or the Morgan Stanley Mobile App. It's quick, convenient & secure.
Enroll Today
Separately Managed Accounts
A selection of about 600 professionally managed portfolios to align with your goals and risk tolerance, with access to institutional pricing and zero-fee index SMAs.
Location
1333 N California Blvd
Ste 133
Walnut Creek, CA 94596
US
Direct:
(925) 930-3809(925) 930-3809
Fax:
(925) 478-5049(925) 478-5049
Meet The Andreason Group
Phone:
(949) 365-5305(949) 365-5305
Jean Riggi
Wealth Management Associate
Phone:
(925) 930-3872(925) 930-3872
Alicia Taylor
Group Director
Phone:
(925) 746-2983(925) 746-2983
Jennifer J Leichter, CRPC
Wealth Management Analyst
Phone:
(925) 746-2977(925) 746-2977
Diane Van Nostrand
Business Development Associate
Phone:
(925) 930-3817(925) 930-3817
Rosanne Fernandez
Team Administrator
Phone:
(925) 746-2970(925) 746-2970
About Elisabeth Andreason
Elisabeth is the principal of The Andreason Group at Morgan Stanley. Elisabeth enjoys educating clients and clarifies complicated issues to help clients make informed decisions in order to reach their retirement goals. She often asks questions clients did not know they were supposed to ask and solves problems they did not know they had.
One specific area of expertise encompasses assisting Chevron employees to prepare for retirement by strategically extracting company stock from their retirement plan and utilizing a strategy called NUA or "Net Unrealized Appreciation" to significantly reduce their tax burden in retirement.
Another area of focus includes serving widows and families that want help coordinating with their other professional advisors (attorneys and CPAs) to navigate the complexities of estate transfer after the loss of a loved one and ensuring a stable source of income from their inheritance.
Comprehensive financial planning requires looking at both sides of the balance sheet, the assets owned as well as the outstanding loans. Employing the right kinds of insurance products to protect against personal and professional liability, loss, disability, dying too early and living too long are all components to a comprehensive plan. Ensuring that assets are titled properly and beneficiary designations have been made properly is just as important as what might or might not be written in a Trust or Will. Elisabeth has been educating clients at Morgan Stanley and empowering them to make the right decisions to accumulate, grow and transfer wealth since 2002.
One specific area of expertise encompasses assisting Chevron employees to prepare for retirement by strategically extracting company stock from their retirement plan and utilizing a strategy called NUA or "Net Unrealized Appreciation" to significantly reduce their tax burden in retirement.
Another area of focus includes serving widows and families that want help coordinating with their other professional advisors (attorneys and CPAs) to navigate the complexities of estate transfer after the loss of a loved one and ensuring a stable source of income from their inheritance.
Comprehensive financial planning requires looking at both sides of the balance sheet, the assets owned as well as the outstanding loans. Employing the right kinds of insurance products to protect against personal and professional liability, loss, disability, dying too early and living too long are all components to a comprehensive plan. Ensuring that assets are titled properly and beneficiary designations have been made properly is just as important as what might or might not be written in a Trust or Will. Elisabeth has been educating clients at Morgan Stanley and empowering them to make the right decisions to accumulate, grow and transfer wealth since 2002.
Securities Agent: HI, ID, IN, MO, WA, VA, OK, OH, NV, MI, FL, DE, TN, MA, CA, MD, KS, GA, CT, NE, MT, UT, OR, NH, AK, SD, NY, IA, IL, AZ, TX, DC, CO, NC; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1275657
NMLS#: 1275657
About Charles Doering
Experience
Charlie joined Morgan Stanley in May 2013 with a twenty-one year background of Financial Services industry experience in the areas of institutional equity trading, research sales and management. His experience includes 6 years at Montgomery Securities, and 10 years at Thomas Weisel Partners, where he was a Managing Director of Institutional Sales and Trading. His diverse financial markets field-experience, in combination with the robust resources and intellectual capital of Morgan Stanley, allows him to offer a complete perspective and a wide range of tools to choose from when designing best-fit solutions for his clients.
Licenses
Series 66 – Uniform Combined State Law Exam- Investment Advisor Representative
Series 7 - General Securities Representative
Series 63 - Uniform Securities Agent State Law Exam
CA Insurance License – Life, Health, Variable Contracts, Property & Casualty (#0I47741)
Years Registered: 32
Years At Morgan Stanley*: 12
Education
Babson College, Bachelor of Science, Finance / Entrepreneurship
Charlie joined Morgan Stanley in May 2013 with a twenty-one year background of Financial Services industry experience in the areas of institutional equity trading, research sales and management. His experience includes 6 years at Montgomery Securities, and 10 years at Thomas Weisel Partners, where he was a Managing Director of Institutional Sales and Trading. His diverse financial markets field-experience, in combination with the robust resources and intellectual capital of Morgan Stanley, allows him to offer a complete perspective and a wide range of tools to choose from when designing best-fit solutions for his clients.
Licenses
Series 66 – Uniform Combined State Law Exam- Investment Advisor Representative
Series 7 - General Securities Representative
Series 63 - Uniform Securities Agent State Law Exam
CA Insurance License – Life, Health, Variable Contracts, Property & Casualty (#0I47741)
Years Registered: 32
Years At Morgan Stanley*: 12
Education
Babson College, Bachelor of Science, Finance / Entrepreneurship
Securities Agent: MI, CA, IN, UT, DE, MO, CO, AK, WA, OK, IL, HI, CT, KS, NY, MD, FL, DC, TX, NE, VA, NH, MA, TN, NV, AZ, OH, SD, OR, ID, IA, GA, WY, NC, MT; General Securities Representative; Investment Advisor Representative
NMLS#: 1472961
CA Insurance License #: 0I47441
NMLS#: 1472961
CA Insurance License #: 0I47441
About Alicia Taylor
Securities Agent: CA; General Securities Representative; Investment Advisor Representative
About Jennifer J Leichter
Jen started in the financial industry right out of college in 2005 and joined Morgan Stanley in 2019. She is proficient in all digital tools to enhance our client experience. Jen is a graduate of Cal Poly Pomona, where she obtained a B.A in Marketing with a focus on international business.
In her free time, Jen enjoys camping, kayaking and being outdoors. She currently lives in Clayton with her husband, four kids, dogs, and cat.
In her free time, Jen enjoys camping, kayaking and being outdoors. She currently lives in Clayton with her husband, four kids, dogs, and cat.
CA Insurance License #: 0H00263
About Diane Van Nostrand
CA Insurance License #: 0H45348
Contact Elisabeth Andreason
Contact Charles Doering
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
Michelle Walsh
Private Banker
Farbod Farman
Associate Private Banker
Cindy W. Lee
Private Banker
About Michelle Walsh
Michelle Walsh 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.
Michelle began her career in financial services in 1983 and joined Morgan Stanley in 2020 as a Private Banker. Prior to joining the firm, she was a Structured Credit Executive at Merrill Lynch/Bank of America where she also served as a Wealth Management Banker. She previously served as a Regional Consumer Market Manager with BB&T Bank.
Michelle is a graduate of Shepherd University where she received a Bachelor of Science in Business Administration. She lives in Danville, CA with her family. Outside of the office, Michelle enjoys traveling with family and friends and volunteering for local food banks.
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.
Michelle began her career in financial services in 1983 and joined Morgan Stanley in 2020 as a Private Banker. Prior to joining the firm, she was a Structured Credit Executive at Merrill Lynch/Bank of America where she also served as a Wealth Management Banker. She previously served as a Regional Consumer Market Manager with BB&T Bank.
Michelle is a graduate of Shepherd University where she received a Bachelor of Science in Business Administration. She lives in Danville, CA with her family. Outside of the office, Michelle enjoys traveling with family and friends and volunteering for local food banks.
NMLS#: 637456
About Farbod Farman
Farbod Farman is an Associate Private Banker serving Morgan Stanley Wealth Management offices in California.
Associate Private Bankers partner with Private Bankers and 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.
Farbod began his career in financial services in 2015, and joined Morgan Stanley in 2022 as an Associate Private Banker. Prior to joining the firm, he was an Associate Banker at Citi Private Bank. He also served as a Brokerage Associate at Wells Fargo.
Farbod is a graduate of the Hawaii Pacific University, where he received a Bachelor of Science in Business Administration with a concentration in International Business, and Missouri State University – West Plains, where he received his Associate in Arts degree in General Studies. He lives in San Rafael, California with his spouse. Outside of the office, Farbod enjoys working out, playing video games, watching movies, spending time with his family, volunteering and traveling. Farbod played basketball in college in the US, and for the Iranian National Team and represented them in many international tournaments including Asian Championship Cup and the World Cup.
Associate Private Bankers partner with Private Bankers and 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.
Farbod began his career in financial services in 2015, and joined Morgan Stanley in 2022 as an Associate Private Banker. Prior to joining the firm, he was an Associate Banker at Citi Private Bank. He also served as a Brokerage Associate at Wells Fargo.
Farbod is a graduate of the Hawaii Pacific University, where he received a Bachelor of Science in Business Administration with a concentration in International Business, and Missouri State University – West Plains, where he received his Associate in Arts degree in General Studies. He lives in San Rafael, California with his spouse. Outside of the office, Farbod enjoys working out, playing video games, watching movies, spending time with his family, volunteering and traveling. Farbod played basketball in college in the US, and for the Iranian National Team and represented them in many international tournaments including Asian Championship Cup and the World Cup.
NMLS#: 1619986
About Cindy W. Lee
Cindy Lee is a Private Banker serving Morgan Stanley Wealth Management offices in the East Bay, California Market.
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.
Cindy began her career in financial services in 1996 and joined Morgan Stanley in 2022. Prior to joining the firm, she was a Custom Residential Real Estate Specialist at Bank of America/Merrill Lynch where she also served as a Wealth Management Banker and Financial Advisor.
Cindy is a graduate of San Francisco State University, where she received a Bachelor of Science in Business Management. She resides in the Bay Area with her family. Outside of the office, Cindy dedicates time to volunteering, enjoys traveling, reading, watching sports and spending time with family and friends.
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.
Cindy began her career in financial services in 1996 and joined Morgan Stanley in 2022. Prior to joining the firm, she was a Custom Residential Real Estate Specialist at Bank of America/Merrill Lynch where she also served as a Wealth Management Banker and Financial Advisor.
Cindy is a graduate of San Francisco State University, where she received a Bachelor of Science in Business Management. She resides in the Bay Area with her family. Outside of the office, Cindy dedicates time to volunteering, enjoys traveling, reading, watching sports and spending time with family and friends.
NMLS#: 637460
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
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
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
Mosaic
Explore ideas and inspiration with captivating, original lifestyle stories created exclusively for Morgan Stanley clients.
A Change of Greenery
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
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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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Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Ready to start a conversation? Contact The Andreason Group 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.
1When 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.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
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.
4Morgan 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.
5Morgan 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.
6The 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.
7Municipal 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.
8Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
9Morgan Stanley Smith Barney LLC (“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.
10Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
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.
12Morgan 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
13Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
14Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
15Investors 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.
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
1When 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.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
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.
4Morgan 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.
5Morgan 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.
6The 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.
7Municipal 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.
8Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
9Morgan Stanley Smith Barney LLC (“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.
10Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
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.
12Morgan 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
13Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
14Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
15Investors 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.
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)
