David K Wilhelm, CFP®
Senior Vice President, Wealth Management, Branch Manager, Family Wealth Director, Senior Portfolio Management Director, Financial Advisor
Phone:
(828) 250-8747(828) 250-8747
The Asheville Group at Morgan Stanley
Direct:
(828) 250-8747(828) 250-8747
Toll-Free:
(800) 841-1462(800) 841-1462
Our Mission Statement
The Asheville Group strives to establish & maintain trusting relationships, concentrating in High-Net-Worth clientele, to effectively provide tailored, holistic wealth management solutions. We aim to practice discipline to achieve success.
Our Story
Individuals work hard to build wealth in pursuit of a meaningful life for themselves and their family. Your achievements reflect substantial effort, and we will work just as hard on your behalf, committing our experience and skills to helping you achieve your unique goals for your wealth. Moreover, we will support you and your strategy by accessing the resources and perspective of one of the worlds largest financial firms.
Before our team offers specific advice, however, we must understand who you are and what you want to accomplish with your wealth. Browse through our website to learn more about what it would be like working with us.
The Asheville Group is honored to be recognized as a Forbes Best-In-State Wealth Management team for 2024 & 2025.
2024 & 2025 Forbes Best-in-State Wealth Management Teams
Source: Forbes.com (Award 2024 & 2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding March of year prior to the issuance of the award.
https://www.morganstanley.com/disclosures/awards-disclosure/
Before our team offers specific advice, however, we must understand who you are and what you want to accomplish with your wealth. Browse through our website to learn more about what it would be like working with us.
The Asheville Group is honored to be recognized as a Forbes Best-In-State Wealth Management team for 2024 & 2025.
2024 & 2025 Forbes Best-in-State Wealth Management Teams
Source: Forbes.com (Award 2024 & 2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding March of year prior to the issuance of the award.
https://www.morganstanley.com/disclosures/awards-disclosure/
Services Include
- Asset Management
- Business PlanningFootnote1
- Alternative InvestmentsFootnote2
- Corporate Retirement PlansFootnote3
- Endowments and FoundationsFootnote4
- Estate Planning StrategiesFootnote5
- Executive Financial ServicesFootnote6
- Cash Management and Lending ProductsFootnote7
- Life InsuranceFootnote8
- Municipal BondsFootnote9
- Planning for Education FundingFootnote10
- Retirement PlanningFootnote11
- Trust ServicesFootnote12
- Wealth PlanningFootnote13
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Developing Your Wealth Management Strategy
At The Asheville Group, we believe that identifying financial solutions begins with a solid understanding of each client's situation, goals, objectives and risk tolerance. We follow a disciplined process that allows us to work with you to craft a solution that helps you meet your individual financial needs.
1. Setting Your Financial Objectives
We will begin our relationship by listening- discussing a range of topics related to your financial needs and investment objectives: long term life goals and expectations, possible major purchases and legacy and charitable goals, if you have them. We will discuss your current financial resources, your time horizon for various goals, your tolerance for risk- even how your liabilities are structured. If you own a business, we also might discuss your current cash management needs.
2. Developing Your Wealth Management Strategy
Based on your input, our advice will likely help address income and retirement planning, asset protection, investment management, strategic borrowing, wealth transfer and business succession. Of course, your wealth plan will include an asset allocation strategy designed to help achieve your financial goals in light of your risk tolerance and investment time horizon.
3. Implementing Your Strategy
After we have discussed and refined your strategy, the team works closely with you to bring the elements to life. Should we decide together that outside money managers are appropriate for you, we will draw on in-depth research and analysis to help you select from the hundreds of investment management firms available to you. If you prefer to invest in individual securities, we can help identify specific stocks, bonds and other securities that may be suitable for your portfolio. Whatever approach we decide on, the team will help you keep your strategy on track.
4. Reviewing Your Performance
Regular reviews which outline your portfolio's performance, helping you track progress toward your objective . Moreover, when your personal situation or market conditions change significantly we can suggest appropriate adjustments to your portfolio to help it remain aligned with your goals
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.
2023 Tax Tables
This helpful resource outlines the 2022 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 Tax Tables Here
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, Cornerstone Capital helps 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.
RESOURCES FOR SELECT INVESTORS
You may have heard the urban legend that our loved ones die twice - once when they pass away and once when they are forgotten. It is up to us to promote the legacy of our ancestors when they are no longer here to do it themselves. Their hard work, love, and value to posterity is something that is worth reciprocating. In following their example, we not only trace their footsteps, but also blaze our own trail.
Morgan Stanley offers a plethora of tools that can help solidify your family legacy - past, present, and future:
Morgan Stanley offers a plethora of tools that can help solidify your family legacy - past, present, and future:
Family Office Resources
Reflecting on how the most successful families create and maintain enduring legacies across multiple generations, Morgan Stanley Family Office Resources (FOR) is structured to help clients define a guiding vision, translate that vision into effective strategies and implement those strategies by calling on the tactical expertise of experienced experts. Accessed by Morgan Stanley advisors through UHNW Client Specialists, our capabilities span three complementary areas of focus: Governance & Legacy, Wealth Strategies and Signature Access.
Learn More
Philanthropy
The Morgan Stanley GIFT Cures program was established to provide an opportunity for philanthropists to combine their resources to magnify the impact of their medically related giving, whether they wish to focus on a specific disease or donate across a broader spectrum. It is an opportunity for donors interested in becoming part of a donor community, learning about best practices in giving to drug research and discovering the issues related to bringing drug therapies to market.
Learn more about the GIFT Cures Program
Lifestyle Advisory
Your family history is a crucial part of the person you have become, in more ways than you can imagine. Learning about these familial ties is a fascinating experience that can often shine a spotlight on your past and serve as a guiding light for your future. Morgan Stanley can give you access to various genealogical resources to help bring your family history to life.
Learn more about Lifestyle Advisory
Art Resources Team
Morgan Stanley has an Art Resources Team (ART), which has the goal of showing clients how they can address the unique challenges of art as an asset and create bespoke solutions for every client and collection. The team has recently begun the publication of a newsletter, with the goal of keeping readers up-to-date on the connections between art and the markets.
Click here to access the ART NewsletterValuable Tools and resources
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.
Morgan Stanley Online
Morgan Stanley Online (MSO) has a variety of features beyond viewing your account balance and activity. Features include paperless documents, bill pay and secure account management.
Access MSO Here
GIC Weekly Research Report
The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance and fixed income.
Access This Week's Edition
Total Wealth View
With this service, you can view all your investments together – whether they are held at Morgan Stanley or elsewhere. When you add your external 401(k), as well as your checking, savings and brokerage accounts to this portal, all your assets will be in one place, providing a current and comprehensive view of your wealth.
Learn More about Total Wealth View
On the Markets Research Report
Every month, Morgan Stanley’s top research analysts publish their “On the Markets” report, providing detailed market commentary on such topics as global equities, fixed income and monetary policy.
Read the Latest Report
Goals Based Planning
Working with Morgan Stanley and its advanced wealth management technology is an ideal way to access advice and build a coherent wealth plan. Working together we can uncover your needs, manage risk, and build a customized plan to help you reach your financial goals.
More on GPS Here
"What Should I Do With My Money?" Podcast
Matching real people, asking real questions about their money, with experienced Financial Advisors. You’ll hear answers to important questions like: Is now the right time to buy a house? What to do if your business fails? How should I be saving to cover the cost of college? How much do I really need to retire and am I on track? Join us as our guests share their stories around life's major moments.
Click Here to Listen
Online Security Center
Safeguarding your assets and personal information is among our highest priorities. Learn about our extensive security measures and take advantage of our vast array of resources and ideas that are geared towards helping you stay protected on the World Wide Web.
Learn more about the Online Security Center
Thoughts on The Market Podcast
With perspectives on the forces shaping the market, Mike Wilson, Chief Investment Officer and Chief US Equity Strategist for Morgan Stanley, and his colleagues discuss a variety of viewpoints regarding the latest trends in the financial marketplace.
Catch the Latest Episode HereLocation
500 College St
Asheville, NC 28801
US
Direct:
(828) 250-8747(828) 250-8747
Toll-Free:
(800) 841-1462(800) 841-1462
Meet The Asheville Group
Richard Eaton
Senior Vice President, Wealth Management, Financial Advisor
Phone:
(828) 250-8725(828) 250-8725
David W Sanders, CFP®, QPFC
Financial Advisor, Financial Planning Specialist
Phone:
(828) 250-8748(828) 250-8748
Dan Hroback
Registered Client Service Associate
Phone:
(828) 250-8750(828) 250-8750
About David K Wilhelm
David focuses on working with high-net-worth investors, families and private companies in the areas of investment and risk management, financial planning and wealth transfer. With his experience in investment management, he and his team can help you translate your objectives into strategies that make sense for you. We offer you a perspective developed over multiple market cycles, a thorough understanding of asset allocation and risk management, and an ability to refine your strategy as your needs and the financial markets change. In short, you will work with professionals who can provide a steady hand guiding you to your investment goals.
David earned his CERTIFIED FINANCIAL PLANNER™ designation in 2009. He has been the Branch Manager of the Asheville, NC branch office since 2013. In 2024, he was designated a Morgan Stanley Family Wealth Director. The Family Wealth Director title is a distinction that fewer than 5% of the firm's 15,000+ Financial Advisors have earned. As a Family Wealth Director, David has advanced training in addressing concerns unique to ultra-high net worth families and business owners.
David attended Vanderbilt University in Nashville, TN earning a Bachelors Degree in Chemical Engineering. He then earned a Masters Degree in Engineering from Georgia Institute of Technology in Atlanta, GA.
He is Series 7, 9, 10, 31, 63 & 65 Licensed and maintains his Life, Health & Variable Annuity Insurance licenses.
David and his wife Jennifer have been married for over 25 years and have two children, Ashley and Henry.
He is a former Advisory Board Member of the Salvation Army Boys & Girls Club of Buncombe County, NC, and is active with Manna FoodBank, Boy Scouts of America, and Biltmore Church.
An avid outdoorsman, David enjoys hunting, fishing, golfing, boating and skiing.
David earned his CERTIFIED FINANCIAL PLANNER™ designation in 2009. He has been the Branch Manager of the Asheville, NC branch office since 2013. In 2024, he was designated a Morgan Stanley Family Wealth Director. The Family Wealth Director title is a distinction that fewer than 5% of the firm's 15,000+ Financial Advisors have earned. As a Family Wealth Director, David has advanced training in addressing concerns unique to ultra-high net worth families and business owners.
David attended Vanderbilt University in Nashville, TN earning a Bachelors Degree in Chemical Engineering. He then earned a Masters Degree in Engineering from Georgia Institute of Technology in Atlanta, GA.
He is Series 7, 9, 10, 31, 63 & 65 Licensed and maintains his Life, Health & Variable Annuity Insurance licenses.
David and his wife Jennifer have been married for over 25 years and have two children, Ashley and Henry.
He is a former Advisory Board Member of the Salvation Army Boys & Girls Club of Buncombe County, NC, and is active with Manna FoodBank, Boy Scouts of America, and Biltmore Church.
An avid outdoorsman, David enjoys hunting, fishing, golfing, boating and skiing.
Securities Agent: OK, VI, WV, WY, WI, CT, MT, OH, NM, TX, FL, LA, AZ, CA, IL, GA, RI, SC, NE, ND, SD, MS, IN, PR, MI, KY, PA, OR, NJ, VA, MA, MN, CO, TN, WA, UT, NV, NY, ME, NC, AR, AK, AL, DE, DC, HI, IA, ID, KS, VT, MD, MO, NH; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1423921
AR Insurance License #: 8510870
NMLS#: 1423921
AR Insurance License #: 8510870
About Richard Eaton
Rick was born in Boston and raised in Needham, Massachusetts. He and his family have made North Carolina their home since 1975. Rick received his Education degree from the University of North Carolina at Chapel Hill. As a true Tar Heel fan, he regularly dresses in Carolina Blue to support his team. A veteran of the financial services industry for over 40 years, Rick has spent his career at Morgan Stanley working with clients to help them meet their financial goals and objectives. He’s grateful for the trust his clients have placed in him and the rewarding experience of helping others.
Rick is Series 7, 63, 65, & 3 licensed and maintains his Life, Health, Long Term Care & Variable Annuity Insurance licenses.
Rick has been happily married to his wife, Kathy, for 45 years, and has two children and two grandchildren who are his pride and joy. In his spare time, he and his family enjoy many trips to the Happiest Place on Earth (Disney World) as well as the Florida Gulf Coast.
A history lover, Rick collects vintage books and is always on the lookout for the next unique item of interest.
Rick is Series 7, 63, 65, & 3 licensed and maintains his Life, Health, Long Term Care & Variable Annuity Insurance licenses.
Rick has been happily married to his wife, Kathy, for 45 years, and has two children and two grandchildren who are his pride and joy. In his spare time, he and his family enjoy many trips to the Happiest Place on Earth (Disney World) as well as the Florida Gulf Coast.
A history lover, Rick collects vintage books and is always on the lookout for the next unique item of interest.
Securities Agent: PA, CO, WV, AZ, VA, TN, NY, ME, TX, OR, AR, NE, IN, CT, AL, DE, WI, MI, CA, MD, NC, FL, SC, NJ, MA, KY, IL, GA, WA, OH; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1416407
AR Insurance License #: 1921120
NMLS#: 1416407
AR Insurance License #: 1921120
About David W Sanders
David was born and raised in Kernersville, North Carolina. He’s a proud alumnus of Appalachian State University, where he earned degrees in Economics and Marketing. Working alongside his partners in The Asheville Group at Morgan Stanley, David strives to diligently build and maintain holistic strategies to help achieve his clients’ goals. David’s mission as a Financial Advisor is to establish and cultivate meaningful relationships with his clients, so he can then help them approach every financial decision with confidence.
David is a CERTIFIED FINANCIAL PLANNER™ Professional and a Qualified Plan Financial Consultant. He is Series 7, 66, 9, 10, & 3 licensed and maintains his Life, Health, Long Term Care & Variable Annuity Insurance licenses.
David and his wife Kelsey have been happily married since 2012. They're proud parents of Madeleine, born 2020, and Charlie, born 2024.
David enjoys an active lifestyle in Asheville, riding his bike, running, and exploring the great outdoors with his family. He is also an avid music lover, enjoying time spent playing piano.
David is a CERTIFIED FINANCIAL PLANNER™ Professional and a Qualified Plan Financial Consultant. He is Series 7, 66, 9, 10, & 3 licensed and maintains his Life, Health, Long Term Care & Variable Annuity Insurance licenses.
David and his wife Kelsey have been happily married since 2012. They're proud parents of Madeleine, born 2020, and Charlie, born 2024.
David enjoys an active lifestyle in Asheville, riding his bike, running, and exploring the great outdoors with his family. He is also an avid music lover, enjoying time spent playing piano.
Securities Agent: NC, AZ, MS, LA, IN, CO, ME, CT, WV, TN, PA, NJ, NE, MI, MD, KY, WI, VA, MA, GA, AL, OR, OH, NY, MT, MO, WA, CA, AR, IL, TX, SC, FL; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1898518
CA Insurance License #: 4443089
AR Insurance License #: 17496985
NMLS#: 1898518
CA Insurance License #: 4443089
AR Insurance License #: 17496985
About Dan Hroback
Dan is proud to be part of the Morgan Stanley team. He began his professional career in Marketing and Project Management and out of this experience he has developed a problem-solving mindset, great attention to detail and an earnest desire to help his clients succeed. All of which has created a strong foundation for his work at Morgan Stanley as a Client Service Associate.
Born and raised in the suburbs of Chicago, Dan and his wife Deborah have been married for over 25 years and have called Asheville home since 2007. In his free time, he enjoys things with wheels that go fast, is an active member at Biltmore Church and is very grateful to live in such a beautiful place.
Born and raised in the suburbs of Chicago, Dan and his wife Deborah have been married for over 25 years and have called Asheville home since 2007. In his free time, he enjoys things with wheels that go fast, is an active member at Biltmore Church and is very grateful to live in such a beautiful place.
Contact David K Wilhelm
Contact Richard Eaton
Contact David W Sanders
Wealth Management
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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
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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 Asheville 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.
1Morgan 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.
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.
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 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.
5Morgan 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.
6Morgan 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.
7Morgan 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
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Municipal 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.
10When 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.
11When 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.
12Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
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 and other legal matters.
13Morgan 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.
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.
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 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.
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.
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 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.
5Morgan 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.
6Morgan 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.
7Morgan 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
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Municipal 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.
10When 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.
11When 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.
12Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
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 and other legal matters.
13Morgan 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.
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.
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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:
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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.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
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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)
