Senior Vice President, Financial Advisor, Alternative Investments Director, Senior Portfolio Manager, Financial Wellness Director
Phone:
(312) 419-3633(312) 419-3633
The Bearing Group at Morgan Stanley
Our Mission Statement
Helping you navigate today’s complex markets, so you can keep your bearings in any economic environment. Through real listening, we provide true direction for your financial future.
A Clear Path to Your Financial Goals
As the financial world becomes more complex, careful planning and tailored, objective advice become even more critical to charting a clear and confident course to financial success. Having a seasoned advisory team on your side can help you navigate unforeseen challenges that can cause significant damage to your family’s long-term wealth.
At The Bearing Group, we offer a personalized approach to wealth management. As our name implies, we provide the specialized skills, sophisticated strategies and world-class resources needed to make effective decisions, so you can get – and keep – your financial bearings in any economic environment. We deliver unwavering discipline when markets become turbulent and are equipped with the experience and wisdom to provide effective financial guidance through every stage of life – from putting your children through college and preparing for retirement to caring for aging parents and leaving a lasting legacy.
Real Listening, True Direction
What sets us apart from other financial advisory teams is our astute listening and problem-solving skills coupled with an impassioned willingness to roll up our sleeves and identify fresh, out-of-the-box strategies that meet and exceed your particular objectives. We believe the more complex your situation, the more valuable we are to you, and the more rewarding your overall experience will be.
As our relationship grows, we hope you will come to regard us as trusted stewards of your wealth, here to offer true direction on any financial issue you face. We are committed to helping you protect and build your wealth and will work to strengthen your family’s financial security now and for generations to come.
At The Bearing Group, we offer a personalized approach to wealth management. As our name implies, we provide the specialized skills, sophisticated strategies and world-class resources needed to make effective decisions, so you can get – and keep – your financial bearings in any economic environment. We deliver unwavering discipline when markets become turbulent and are equipped with the experience and wisdom to provide effective financial guidance through every stage of life – from putting your children through college and preparing for retirement to caring for aging parents and leaving a lasting legacy.
Real Listening, True Direction
What sets us apart from other financial advisory teams is our astute listening and problem-solving skills coupled with an impassioned willingness to roll up our sleeves and identify fresh, out-of-the-box strategies that meet and exceed your particular objectives. We believe the more complex your situation, the more valuable we are to you, and the more rewarding your overall experience will be.
As our relationship grows, we hope you will come to regard us as trusted stewards of your wealth, here to offer true direction on any financial issue you face. We are committed to helping you protect and build your wealth and will work to strengthen your family’s financial security now and for generations to come.
Services Include
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
The Bearing Group Advantage
Our strength lies in our ability to understand and respond to your specific financial needs as they evolve over time. It is only through doing this well that we are able to effectively manage risk and optimize performance, as we help you achieve your personal definition of financial success.
At The Bearing Group, we are committed to the following core values that set us apart from other advisory teams:
Long-Term Relationships
We are dedicated to building deep client relationships. We do this by working with a select group of individuals, families and business leaders, who value our depth of knowledge and experience in providing comprehensive solutions that go well beyond investments. The bond we form with each client is fundamental to our mission, and it is our hope that it spans generations.
Knowledge and Experience
With more than 120 years of combined experience, our leadership team includes a Certified Financial PlannerTM, a Chartered Financial Analyst®, a Certified Investment Management Analyst® and a Chartered Retirement Planning Specialist®. This concentration of education and skills is rare in one group of Financial Advisors. We use our extensive technical and analytical skills to research, evaluate and recommend appropriate strategies to address your particular needs and goals.
A Team Approach
We are a seasoned and stable team – together for more than 25 years at the same firm. Our priority is to help you prepare for all of life’s milestones and to be your first call for any financial matter. We work in relationship with your accountant, attorney and other professionals to build a comprehensive and cohesive plan that encompasses all aspects of your life.
Personalized Service
We recognize every client is different. Some require in-depth explanations of investment concepts, while others understand those concepts thoroughly and prefer advisors with whom they can formulate strategies. We are committed to helping you achieve your goals in a manner that aligns with your expectations of a concierge, first-class experience.
At The Bearing Group, we are committed to the following core values that set us apart from other advisory teams:
Long-Term Relationships
We are dedicated to building deep client relationships. We do this by working with a select group of individuals, families and business leaders, who value our depth of knowledge and experience in providing comprehensive solutions that go well beyond investments. The bond we form with each client is fundamental to our mission, and it is our hope that it spans generations.
Knowledge and Experience
With more than 120 years of combined experience, our leadership team includes a Certified Financial PlannerTM, a Chartered Financial Analyst®, a Certified Investment Management Analyst® and a Chartered Retirement Planning Specialist®. This concentration of education and skills is rare in one group of Financial Advisors. We use our extensive technical and analytical skills to research, evaluate and recommend appropriate strategies to address your particular needs and goals.
A Team Approach
We are a seasoned and stable team – together for more than 25 years at the same firm. Our priority is to help you prepare for all of life’s milestones and to be your first call for any financial matter. We work in relationship with your accountant, attorney and other professionals to build a comprehensive and cohesive plan that encompasses all aspects of your life.
Personalized Service
We recognize every client is different. Some require in-depth explanations of investment concepts, while others understand those concepts thoroughly and prefer advisors with whom they can formulate strategies. We are committed to helping you achieve your goals in a manner that aligns with your expectations of a concierge, first-class experience.
Our Process, Your Journey
The hallmark of our wealth management approach is a commitment to building customized solutions from the ground up. We then fine-tune them over time to help achieve your specific goals, while responding more effectively to today’s economic and fiscal challenges.
Our process takes a 360 degree view of your wealth. This leads to solutions that are not only designed to reach specific financial targets, but are reflective of who you are and how you ultimately want to share your wealth.
Step 1: Understanding You
We begin with an in-depth conversation to understand your goals and the goals of your family, the concerns you have and what you ultimately would like to achieve.
Step 2: Analyzing Your Needs
Next, we’ll collect key information about your current finances. We’ll then review your current and future financial situation, identify the likelihood of reaching your goals and address any potential shortfalls or the impact of unexpected life events.
Step 3: Tailoring Your Solution
In this step, we’ll present a customized wealth management plan with specific strategies designed to achieve your particular goals. Upon your approval, we’ll set into motion a course of action that strives to align your values and vision with your personal definition of financial success. We’ll also discuss important investment concepts and provide details on our investment philosophy.
Step 4: Implementing Your Plan
Once we activate your plan, we’ll set up a number of implementation meetings to ensure your account is set up properly and you have convenient access to your account information. We’ll also interact with your accountant and estate attorney to ensure a coordinated effort.
Step 5: Continuous Monitoring
We’ll monitor your progress and review the performance through ongoing calls and meetings. We may recommend adjustments over time due to changing market conditions or changes in your circumstances to help keep you on track towards achieving your goals.
Our process takes a 360 degree view of your wealth. This leads to solutions that are not only designed to reach specific financial targets, but are reflective of who you are and how you ultimately want to share your wealth.
Step 1: Understanding You
We begin with an in-depth conversation to understand your goals and the goals of your family, the concerns you have and what you ultimately would like to achieve.
Step 2: Analyzing Your Needs
Next, we’ll collect key information about your current finances. We’ll then review your current and future financial situation, identify the likelihood of reaching your goals and address any potential shortfalls or the impact of unexpected life events.
Step 3: Tailoring Your Solution
In this step, we’ll present a customized wealth management plan with specific strategies designed to achieve your particular goals. Upon your approval, we’ll set into motion a course of action that strives to align your values and vision with your personal definition of financial success. We’ll also discuss important investment concepts and provide details on our investment philosophy.
Step 4: Implementing Your Plan
Once we activate your plan, we’ll set up a number of implementation meetings to ensure your account is set up properly and you have convenient access to your account information. We’ll also interact with your accountant and estate attorney to ensure a coordinated effort.
Step 5: Continuous Monitoring
We’ll monitor your progress and review the performance through ongoing calls and meetings. We may recommend adjustments over time due to changing market conditions or changes in your circumstances to help keep you on track towards achieving your goals.
Our Corporate Services
Whether you seek retirement plan services for your organization or a financial wellness program for your employees, we offer comprehensive solutions that can be tailored to your specific needs and goals.
Our corporate services include:
Retirement Plan Consulting.
We help you effectively manage your retirement plan, while optimizing the benefits to your employees and executives. We begin by creating or refining your plan’s Investment Policy Statement, then strategically choose and monitor investments, conduct service provider searches, provide benchmarking reports and share best practices. We deliver a robust set of investment options and work to improve retirement outcomes for your employees, all while adhering to strict ERISA standards.
Financial Wellness
We help bolster your current employee benefits programs to provide your employees with individualized financial plans, financial education and wealth management solutions. We help employees assess the scope of their needs, connect them to the capabilities to address those needs and pull it all together into one seamless plan.
Cash Management Solutions.
We work with you and your leadership team to obtain the maximum benefit for your core and seasonal cash balances. We begin with a thorough review of your goals and then develop a plan that aligns with your company’s individual governances, characteristics, and short- and long-term liquidity needs.
Our corporate services include:
Retirement Plan Consulting.
We help you effectively manage your retirement plan, while optimizing the benefits to your employees and executives. We begin by creating or refining your plan’s Investment Policy Statement, then strategically choose and monitor investments, conduct service provider searches, provide benchmarking reports and share best practices. We deliver a robust set of investment options and work to improve retirement outcomes for your employees, all while adhering to strict ERISA standards.
Financial Wellness
We help bolster your current employee benefits programs to provide your employees with individualized financial plans, financial education and wealth management solutions. We help employees assess the scope of their needs, connect them to the capabilities to address those needs and pull it all together into one seamless plan.
Cash Management Solutions.
We work with you and your leadership team to obtain the maximum benefit for your core and seasonal cash balances. We begin with a thorough review of your goals and then develop a plan that aligns with your company’s individual governances, characteristics, and short- and long-term liquidity needs.
In The Press
Michael Ciesemier
Forbes Best-In-State Wealth Advisor 2024
Source: Forbes (Awarded April 2024) Data compiled by SHOOK Research LLC based on time period from 6/30/22-6/30/23.
Forbes Best-In-State Wealth Management Teams for 2024
Source: Forbes (Awarded Jan 2024). Data compiled by SHOOK Research LLC based on time period from 3/31/22 – 3/31/23. https://mgstn.ly/3wb7pSG
Five Star Chicago Wealth Manager - Michael Ciesemier
Five Star Wealth Advisor Award
This award was issued in [2022]. 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.
2018, 2020 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2018, 2020). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award. "
Financial Times 401 Top Retirement Advisors
Source: ft.com (Awarded Sept 2017) Data compiled by the Financial Times based on time period from 12/31/14 - 12/31/16.
2018 NAPA's Top Retirement Plan Advisors Under 40
Source: napa-net.org (Nov 2018) Data compiled by NAPA based on time period from Aug 2017-Aug 2018.
2017 NAPA’s Top DC Advisor Teams
Source: napa-net.org (March 2018) Data compiled by NAPA based on self-reported assets under advisement as of Dec 31, 2017.
Forbes Best-In-State Wealth Advisor 2024
Source: Forbes (Awarded April 2024) Data compiled by SHOOK Research LLC based on time period from 6/30/22-6/30/23.
Forbes Best-In-State Wealth Management Teams for 2024
Source: Forbes (Awarded Jan 2024). Data compiled by SHOOK Research LLC based on time period from 3/31/22 – 3/31/23. https://mgstn.ly/3wb7pSG
Five Star Chicago Wealth Manager - Michael Ciesemier
Five Star Wealth Advisor Award
This award was issued in [2022]. 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.
2018, 2020 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2018, 2020). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award. "
Financial Times 401 Top Retirement Advisors
Source: ft.com (Awarded Sept 2017) Data compiled by the Financial Times based on time period from 12/31/14 - 12/31/16.
2018 NAPA's Top Retirement Plan Advisors Under 40
Source: napa-net.org (Nov 2018) Data compiled by NAPA based on time period from Aug 2017-Aug 2018.
2017 NAPA’s Top DC Advisor Teams
Source: napa-net.org (March 2018) Data compiled by NAPA based on self-reported assets under advisement as of Dec 31, 2017.
Location
233 S Wacker Dr
Ste 8600
Chicago, IL 60606
US
Direct:
(800) 621-2842(800) 621-2842
Fax:
(312) 419-3515(312) 419-3515
Meet The Bearing Group
Senior Vice President, Financial Advisor, Senior Investment Management Consultant
Phone:
(312) 419-3538(312) 419-3538
Phone:
(312) 419-3409(312) 419-3409
Phone:
(312) 419-3630(312) 419-3630
Vice President, Wealth Management, Financial Advisor, Corporate Retirement Director
Phone:
(312) 419-3618(312) 419-3618
Clelia Paredes
Vice President, Business Development Director, Wealth Management
Phone:
(312) 419-3621(312) 419-3621
Richard J. Esposito, CFP®
Assistant Vice President, Wealth Management Associate
Phone:
(312) 419-3359(312) 419-3359
Anne Heekin
Portfolio Associate
Phone:
(312) 419-3446(312) 419-3446
Quinn McCloskey
Portfolio Associate
Phone:
(312) 419-3360(312) 419-3360
Owen Heekin
Client Service Associate
Phone:
(312) 419-3340(312) 419-3340
About Michael D Ciesemier
Mike is a Senior Vice President for Morgan Stanley. As a Chartered Retirement Planning Specialist (CRPS®), Mike is designated as a Corporate Retirement Director for the firm. Mike is responsible for plan design, fiduciary guidance, and ongoing plan monitoring for our retirement plan clients.
As the youngest of five boys, I often found myself at the bottom of the scrum pile and last in line to get food. This taught me to be resilient and patient as I eventually emerged from underneath the bottom of the heap. My parents grew up with modest means and shared a strong desire to have a large family. After serving in World War II, my dad would be found working two or three jobs to provide for his burgeoning family. An engineer by background, he taught me to question how things were made, mainly so I’d know how to fix something once it broke. My mom’s passion for reading books with us taught me to do the same with my kids and her constant mending of the hand-me-down clothes taught me to cherish whatever we had. Together, they taught me so much about setting goals, working hard and, despite obstacles, to achieve my goals. They also taught me that education, throughout life, is the nourishment that I need to fuel my inquisitive mind.
Wealth Management, when done right, requires many skills, experiences and discipline. I reflect on my younger self and recognize that what I am doing today – helping my clients with the “reality” of their lives – is in many ways what I have always been doing, understanding how and why things work the way they do and creating solutions to whatever problems I encounter.
I am joined in my vision and passion for serving clients by my team which we formed in 1992. We spend our days designing and monitoring wealth management strategies that enable clients to navigate both risks and opportunities with confidence. As a steward of the wealth entrusted to our care, we carefully manage wealth for successful families, business owners and corporate executives, and integrate our advice with our clients’ CPA and attorney to make financial stewardship more coordinated and effective.
I entered this field in 1992 after spending 10 years in public accounting and corporate finance. Since then, I have steadily built knowledge and experience in the areas of retirement planning, wealth management, investment stewardship and corporate retirement plan management. For this expertise, I have been designated a Certified Investment Management Analyst® by the Investment & Wealth Institute. Additionally, Morgan Stanley has designated me as Corporate Retirement Director and an Alternative Investments Director.
My life outside work revolves around my wife, Ellery, our son and daughter, and our Wheaton home and community. I am former President of Kids Caring 4 Kids, a charity that our daughter founded at age 11 to inspire young people to care for others and to serve children affected by poverty in sub-Saharan Africa. I enjoy hobbies including running, cycling and triathlons. Ellery and I enjoy traveling, live music and great food!
goal, personally and professionally, remains much like my parents’ - to provide for family and serve others. At The Bearing Group, that is what we do.
As the youngest of five boys, I often found myself at the bottom of the scrum pile and last in line to get food. This taught me to be resilient and patient as I eventually emerged from underneath the bottom of the heap. My parents grew up with modest means and shared a strong desire to have a large family. After serving in World War II, my dad would be found working two or three jobs to provide for his burgeoning family. An engineer by background, he taught me to question how things were made, mainly so I’d know how to fix something once it broke. My mom’s passion for reading books with us taught me to do the same with my kids and her constant mending of the hand-me-down clothes taught me to cherish whatever we had. Together, they taught me so much about setting goals, working hard and, despite obstacles, to achieve my goals. They also taught me that education, throughout life, is the nourishment that I need to fuel my inquisitive mind.
Wealth Management, when done right, requires many skills, experiences and discipline. I reflect on my younger self and recognize that what I am doing today – helping my clients with the “reality” of their lives – is in many ways what I have always been doing, understanding how and why things work the way they do and creating solutions to whatever problems I encounter.
I am joined in my vision and passion for serving clients by my team which we formed in 1992. We spend our days designing and monitoring wealth management strategies that enable clients to navigate both risks and opportunities with confidence. As a steward of the wealth entrusted to our care, we carefully manage wealth for successful families, business owners and corporate executives, and integrate our advice with our clients’ CPA and attorney to make financial stewardship more coordinated and effective.
I entered this field in 1992 after spending 10 years in public accounting and corporate finance. Since then, I have steadily built knowledge and experience in the areas of retirement planning, wealth management, investment stewardship and corporate retirement plan management. For this expertise, I have been designated a Certified Investment Management Analyst® by the Investment & Wealth Institute. Additionally, Morgan Stanley has designated me as Corporate Retirement Director and an Alternative Investments Director.
My life outside work revolves around my wife, Ellery, our son and daughter, and our Wheaton home and community. I am former President of Kids Caring 4 Kids, a charity that our daughter founded at age 11 to inspire young people to care for others and to serve children affected by poverty in sub-Saharan Africa. I enjoy hobbies including running, cycling and triathlons. Ellery and I enjoy traveling, live music and great food!
goal, personally and professionally, remains much like my parents’ - to provide for family and serve others. At The Bearing Group, that is what we do.
Securities Agent: VA, FL, WI, MS, MI, VT, NY, IN, SC, NE, NC, IA, ME, NM, MA, DC, WA, SD, KS, IL, DE, CT, OK, MO, MN, GA, CA, AZ, AK, OH, NV, LA, KY, CO, TX, OR, NJ, NH, ID, AR, TN, PA, MT, MD; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1312814
CA Insurance License #: 0E43172
AR Insurance License #: 4791220
NMLS#: 1312814
CA Insurance License #: 0E43172
AR Insurance License #: 4791220
About Matthew Filosa
Matt is a Senior Vice President for Morgan Stanley. As a Chartered Financial Analyst (CFA®), Matt is responsible for strategic policy, portfolio optimization, and investment manager selection and monitoring for clients.
Since my early teens all I ever wanted to do was become a financial advisor. This singular professional focus allowed me to develop many important building blocks during my early education and career. Whether it was taking business classes in high school, finance and economic courses in college, pursing my MBA, achieving my Charter Financial Analysis (CFA) designation, or working in the business valuation group at Arthur Anderson, these experiences all helped me gain valuable expertise in investing and the markets. However, more importantly, it was my early years at my predecessor firm of Smith Barney that taught me true wealth management is more than numbers and textbooks. Wealth management is
- Watching a parent’s (or grandparent’s) child graduate from college
- Seeing a client’s business or career grow and prosper
- Admiring a son/daughter taking care of an elderly parent
- Observing a client, after years of hard work, move into a well-deserved retirement
You see, wealth management is about people and their lives, not about their money.
It is the depth of wealth management that drives me to serve my clients. I am so fortunate that my clients are not strangers. They are my family, friends or close business associates. I know their dreams, goals, fears and their families. It is for them that I do what I do.
I am joined in this passion with a team of true professionals. To a person this team is focused on the relationships we have with each of our clients. It is this shared vision that has sustained this team since its inception in 1992. I am so proud to be in the company of these individuals.
As far as my life outside of work, I have been married to my wonderful wife Mary Ellen since 1986. We have two beautiful children, Alec and Joe. We have lived in the Beverly neighbourhood (southwest side of Chicago) since we married. It is here that we try to give back to the community that has been so good to us. Some of these activities include our local school, our church and our local hospital foundation. In my free time I enjoy golf and spending time with family and friends in southwest Michigan.
Since my early teens all I ever wanted to do was become a financial advisor. This singular professional focus allowed me to develop many important building blocks during my early education and career. Whether it was taking business classes in high school, finance and economic courses in college, pursing my MBA, achieving my Charter Financial Analysis (CFA) designation, or working in the business valuation group at Arthur Anderson, these experiences all helped me gain valuable expertise in investing and the markets. However, more importantly, it was my early years at my predecessor firm of Smith Barney that taught me true wealth management is more than numbers and textbooks. Wealth management is
- Watching a parent’s (or grandparent’s) child graduate from college
- Seeing a client’s business or career grow and prosper
- Admiring a son/daughter taking care of an elderly parent
- Observing a client, after years of hard work, move into a well-deserved retirement
You see, wealth management is about people and their lives, not about their money.
It is the depth of wealth management that drives me to serve my clients. I am so fortunate that my clients are not strangers. They are my family, friends or close business associates. I know their dreams, goals, fears and their families. It is for them that I do what I do.
I am joined in this passion with a team of true professionals. To a person this team is focused on the relationships we have with each of our clients. It is this shared vision that has sustained this team since its inception in 1992. I am so proud to be in the company of these individuals.
As far as my life outside of work, I have been married to my wonderful wife Mary Ellen since 1986. We have two beautiful children, Alec and Joe. We have lived in the Beverly neighbourhood (southwest side of Chicago) since we married. It is here that we try to give back to the community that has been so good to us. Some of these activities include our local school, our church and our local hospital foundation. In my free time I enjoy golf and spending time with family and friends in southwest Michigan.
Securities Agent: WY, AK, MS, MD, IN, IL, CA, OK, NY, NE, NH, AZ, VA, OH, NM, FL, AR, ME, WI, TN, NV, NJ, MN, TX, OR, MT, MA, DC, CO, VT, SD, MO, KY, WA, NC, KS, MI, DE, CT, SC, PA, LA, ID, IA, GA; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1255559
CA Insurance License #: 0E43191
AR Insurance License #: 258350
NMLS#: 1255559
CA Insurance License #: 0E43191
AR Insurance License #: 258350
About Elizabeth J Frattura
As a Certified Financial Planner™ (CFP®), Beth’s clients consider her their primary financial resource who helps them implement the best actions and strategies available – beyond investments – to prepare for retirement and reach other financial goals. Her attention to detail helps ensure that all facets of a client’s situation (taxes, estate plan, etc.) are considered when crafting an overall financial strategy that is designed to achieve as much of their goals as is realistic, with the least amount of risk possible. In many ways, what drives Beth is a utilitarian approach, which means solving for the most practical and efficient use of resources and strategies available. She also believes in empowering her clients through financial education so that they are fully engaged, vested, and more confident in the decisions they make now and in the future.
Beth grew up on a farm in Southern Illinois and credits this rural upbringing with many entrepreneurial and life skills such as honesty, perseverance, remote problem-solving, frugality, and a ‘the early bird catches the worm’ work ethic. Her parents purchased their farm ground in the 70’s and 80’s with loans in the mid-teens. They were adamant about instilling in her the value of a dollar and the concept of slowly building wealth. As a first-generation college graduate, she did not know anyone in the finance industry, but the everchanging
markets and global macroeconomic landscape always interested her. In 2007 she joined Morgan Stanley as a Financial Advisor.
As a leading female financial advisor, Beth has received numerous accolades throughout her career from several prominent industry organizations. Her most recent recognition awards include:
▪ ForbesMagazine Top Women Advisors Best-In-State, 2023 ▪ Washington University Olin Business School 2022 Emerging Leader
▪ ForbesMagazine Top Next-Gen Advisors Best-in-State, 2023 ▪ St Louis’ Top Wealth Advisor, 2011, St Louis Business Journal
▪ FIVESTAR Wealth Manager Award, Chicago Magazine, 2022
▪ Washington University Olin Business School 2022 Emerging Leader
▪ St Louis’ Top Wealth Advisor, 2011, St Louis Business Journal
A strong advocate for education, Beth serves on the Board of Directors for the SIUE Foundation and Endowment. She is also a member of the Chicago Estate Planning Council and Daughters of the American Revolution. After struggling with infertility for several years, in 2019, Beth founded a nonprofit, The Stork Foundation for Infertility, whose mission is to provide financial assistance to low resource individuals who require costly medical infertility treatments to conceive a child.
Beth holds a Bachelor of Science (B.S.) degree in Business Administration from Southern Illinois University at Edwardsville (SIUE) and an Executive Master of Business Administration (M.B.A.) from Washington University. She resides in Illinois with her husband, Todd, and their three children, Mary, Ellis, & Clara. In addition to her philanthropic work and board service, Beth enjoys photography, reading biographies, and going to the theater.
Forbes Top Women Wealth Advisors Best-In- State. Source: Forbes.com (Awarded Feb 2023) Data compiled by SHOOK Research LLC for the period 9/30/21 - 9/30/22
Forbes Top Next-Gen Wealth Advisors Best-in-State. Source: Forbes.com (Awarded Aug 2023) Data compiled by SHOOK Research LLC for the period 3/31/22 - 3/31/23
Five Star Wealth Advisor Award. issued in 2022. The award was determined based on an evaluation process conducted by Five Star Professional based on objective criteria from 1/24/2022-7/29/2022. For criteria, please go to nabcap.org https://www.morganstanley.com/disclosures/awards-disclosure.html
St Louis’ Top Wealth Advisor Award. Source: NABCAP, St Louis Business Journal February 2011. This ranking was determined based on an evaluation
process conducted by St Louis business Journal during the period from 01/01/2010- 12/31/2010. Neither Morgan Stanley Smith Barney LLC nor its
Financial Advisors or Private Wealth Advisors paid a fee to St Louis Business Journal to obtain or use the ranking. This ranking is based on quantifiable
and objective criteria. NABCAP uses a methodology that it has created that includes both quantitative and qualitative criteria including, but not limited
to financial planning, education, experience, and compliance record. NABCAP’s methodology includes, but is not limited to (i) average assets per client,
(ii) average number of clients per advisor, (iii) financial advisor to support staff ratio, and (iv) financial advisor and support staff credentials/designations. Ratings are based on the opinion of NABCAP and may not be representative of any one client's experience nor indicative of the financial advisor's future performance. For more on methodology please go to nabcap.org
233 S Wacker Dr. Suite 8600, Chicago, IL 60606 312-419-3409 The strategies and/or investments discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives. 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. 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.
Morgan Stanley Smith Barney LLC. Member SIPC. CRC 6550807 4/24
Beth grew up on a farm in Southern Illinois and credits this rural upbringing with many entrepreneurial and life skills such as honesty, perseverance, remote problem-solving, frugality, and a ‘the early bird catches the worm’ work ethic. Her parents purchased their farm ground in the 70’s and 80’s with loans in the mid-teens. They were adamant about instilling in her the value of a dollar and the concept of slowly building wealth. As a first-generation college graduate, she did not know anyone in the finance industry, but the everchanging
markets and global macroeconomic landscape always interested her. In 2007 she joined Morgan Stanley as a Financial Advisor.
As a leading female financial advisor, Beth has received numerous accolades throughout her career from several prominent industry organizations. Her most recent recognition awards include:
▪ ForbesMagazine Top Women Advisors Best-In-State, 2023 ▪ Washington University Olin Business School 2022 Emerging Leader
▪ ForbesMagazine Top Next-Gen Advisors Best-in-State, 2023 ▪ St Louis’ Top Wealth Advisor, 2011, St Louis Business Journal
▪ FIVESTAR Wealth Manager Award, Chicago Magazine, 2022
▪ Washington University Olin Business School 2022 Emerging Leader
▪ St Louis’ Top Wealth Advisor, 2011, St Louis Business Journal
A strong advocate for education, Beth serves on the Board of Directors for the SIUE Foundation and Endowment. She is also a member of the Chicago Estate Planning Council and Daughters of the American Revolution. After struggling with infertility for several years, in 2019, Beth founded a nonprofit, The Stork Foundation for Infertility, whose mission is to provide financial assistance to low resource individuals who require costly medical infertility treatments to conceive a child.
Beth holds a Bachelor of Science (B.S.) degree in Business Administration from Southern Illinois University at Edwardsville (SIUE) and an Executive Master of Business Administration (M.B.A.) from Washington University. She resides in Illinois with her husband, Todd, and their three children, Mary, Ellis, & Clara. In addition to her philanthropic work and board service, Beth enjoys photography, reading biographies, and going to the theater.
Forbes Top Women Wealth Advisors Best-In- State. Source: Forbes.com (Awarded Feb 2023) Data compiled by SHOOK Research LLC for the period 9/30/21 - 9/30/22
Forbes Top Next-Gen Wealth Advisors Best-in-State. Source: Forbes.com (Awarded Aug 2023) Data compiled by SHOOK Research LLC for the period 3/31/22 - 3/31/23
Five Star Wealth Advisor Award. issued in 2022. The award was determined based on an evaluation process conducted by Five Star Professional based on objective criteria from 1/24/2022-7/29/2022. For criteria, please go to nabcap.org https://www.morganstanley.com/disclosures/awards-disclosure.html
St Louis’ Top Wealth Advisor Award. Source: NABCAP, St Louis Business Journal February 2011. This ranking was determined based on an evaluation
process conducted by St Louis business Journal during the period from 01/01/2010- 12/31/2010. Neither Morgan Stanley Smith Barney LLC nor its
Financial Advisors or Private Wealth Advisors paid a fee to St Louis Business Journal to obtain or use the ranking. This ranking is based on quantifiable
and objective criteria. NABCAP uses a methodology that it has created that includes both quantitative and qualitative criteria including, but not limited
to financial planning, education, experience, and compliance record. NABCAP’s methodology includes, but is not limited to (i) average assets per client,
(ii) average number of clients per advisor, (iii) financial advisor to support staff ratio, and (iv) financial advisor and support staff credentials/designations. Ratings are based on the opinion of NABCAP and may not be representative of any one client's experience nor indicative of the financial advisor's future performance. For more on methodology please go to nabcap.org
233 S Wacker Dr. Suite 8600, Chicago, IL 60606 312-419-3409 The strategies and/or investments discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives. 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. 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.
Morgan Stanley Smith Barney LLC. Member SIPC. CRC 6550807 4/24
Securities Agent: NE, NY, TN, NC, KS, ID, FL, AR, TX, NM, LA, IA, OK, NV, MO, GA, ME, SC, NH, CO, AZ, PA, DE, WI, NJ, MT, IN, IL, DC, CA, VT, MS, MN, CT, SD, MI, MA, KY, WA, OR, OH, MD, AK, VA; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1395604
NMLS#: 1395604
About Brian F Hickey
Brian is a Senior Vice President and Family Wealth Director for Morgan Stanley. As a Family Wealth Director, he successfully completed a rigorous accreditation program focused on skills required for comprehensive wealth management across a range of disciplines important to high net worth families and family offices. Brian is responsible for directing clients with generational wealth, life and estate planning strategies, and business transitions.
Brian graduated from the University of Notre Dame with a Bachelor of Arts degree with a concentration in Economics in 1972. He spent one year in a family business prior to joining White Weld in 1974. He joined Smith Barney in 1976.
Outside of work, Brian enjoys skiing and sailing with his family. He is involved in numerous volunteer community organizations. WITS - Working in the Schools - Reading Tutor; Economic Club of Chicago; Chicago Council on Global Affairs; Chicago Council on Science and Technology; Management Association of Illinois; Illinois Manufacturing Association of Illinois; Wharton School - Executive Education; Stanford - Executive Education; 100 Club of Chicago.
Brian graduated from the University of Notre Dame with a Bachelor of Arts degree with a concentration in Economics in 1972. He spent one year in a family business prior to joining White Weld in 1974. He joined Smith Barney in 1976.
Outside of work, Brian enjoys skiing and sailing with his family. He is involved in numerous volunteer community organizations. WITS - Working in the Schools - Reading Tutor; Economic Club of Chicago; Chicago Council on Global Affairs; Chicago Council on Science and Technology; Management Association of Illinois; Illinois Manufacturing Association of Illinois; Wharton School - Executive Education; Stanford - Executive Education; 100 Club of Chicago.
Securities Agent: MD, AZ, TX, NJ, MS, AR, WA, NE, KS, VA, SD, MO, WI, OR, OH, IA, GA, AK, TN, NY, MN, IN, CA, SC, OK, NC, ME, ID, NM, MI, FL, DE, VT, NV, NH, MA, LA, CT, PA, KY, IL, DC, CO; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1380679
CA Insurance License #: 0B03507
AR Insurance License #: 330062
NMLS#: 1380679
CA Insurance License #: 0B03507
AR Insurance License #: 330062
About Jason Schultz
Jason works with our retirement plan clients to establish and maintain retirement plans that are designed to meet their unique business goals. Working with you, Jason helps you adhere to best practices in retirement plan design, investment management, employee success, and ongoing plan management for all your financial and retirement plan needs.
Where to begin? I believe that knowing someone is not just having facts about them, but in knowing their story (it’s the reason the exposition of a good movie takes so long!). So here is mine:
I was born in a family of six (four children), living in a 900 square foot house. My father worked the night shift as a mechanic and kept odd jobs on the side. My Mother, while she stayed at home with the kids, found ways to work as well around all of our schedules. We weren’t close to being rich, but knew we could make it if we kept our heads down and moving forward.
As a child, I was constantly taught core values that have stuck with me all these years later. Do good to others. Work hard. Always do your best. Don’t lie, cheat or steal. Always be respectful. It seems simple, but these are the concepts of my formative years.
I ended up doing well in school, graduating near the top of my high school class. I never missed a day of school from K-12. Ever. I played many sports and participated in many activities. Yet, when the clock ran out on high school, I didn’t know where to turn. I was accepted to many good colleges, and even received grants and scholarships. Unequipped with knowledge (my twin brother and I were the first to go to college in our family) or resources, I didn’t know where to turn.
So I decided to attend college locally and worked sometimes up to 3 jobs to pay for school. I still graduated early and Summa Cum Laude, but never had the experiences many of my peers had in going away to school.
This is where I realized that I wanted to help people. I saw that without the proper guidance and counsel, even smart, well-intentioned people can make decisions in the dark. As I sat and watched the havoc the technology crash of the early 2000’s (and the amount of good people who made absolutely terrible investment decisions), I became even more resolute in my decision to help guide people through their tough decisions.
It is my path and my own life journey that has made me uniquely equipped to do so. I have personally experienced what so many aspiring Americans experience on a daily basis as they too purse a better life for themselves and their families. Solving tough financial questions is a core part of my role with The Bearing Group, whether that is helping you with your debt or assisting corporate executives with complex estate planning strategies, my team is equipped to handle almost any financial concern you have.
Personally, my life revolves around my wife, Jessica, and my two sons. I believe that people – family and community – are the fabric of life. My goal as a financial advisor is to help you sew your own quilt – a quilt that you can not only use today, but also pass on for generations to come.
Where to begin? I believe that knowing someone is not just having facts about them, but in knowing their story (it’s the reason the exposition of a good movie takes so long!). So here is mine:
I was born in a family of six (four children), living in a 900 square foot house. My father worked the night shift as a mechanic and kept odd jobs on the side. My Mother, while she stayed at home with the kids, found ways to work as well around all of our schedules. We weren’t close to being rich, but knew we could make it if we kept our heads down and moving forward.
As a child, I was constantly taught core values that have stuck with me all these years later. Do good to others. Work hard. Always do your best. Don’t lie, cheat or steal. Always be respectful. It seems simple, but these are the concepts of my formative years.
I ended up doing well in school, graduating near the top of my high school class. I never missed a day of school from K-12. Ever. I played many sports and participated in many activities. Yet, when the clock ran out on high school, I didn’t know where to turn. I was accepted to many good colleges, and even received grants and scholarships. Unequipped with knowledge (my twin brother and I were the first to go to college in our family) or resources, I didn’t know where to turn.
So I decided to attend college locally and worked sometimes up to 3 jobs to pay for school. I still graduated early and Summa Cum Laude, but never had the experiences many of my peers had in going away to school.
This is where I realized that I wanted to help people. I saw that without the proper guidance and counsel, even smart, well-intentioned people can make decisions in the dark. As I sat and watched the havoc the technology crash of the early 2000’s (and the amount of good people who made absolutely terrible investment decisions), I became even more resolute in my decision to help guide people through their tough decisions.
It is my path and my own life journey that has made me uniquely equipped to do so. I have personally experienced what so many aspiring Americans experience on a daily basis as they too purse a better life for themselves and their families. Solving tough financial questions is a core part of my role with The Bearing Group, whether that is helping you with your debt or assisting corporate executives with complex estate planning strategies, my team is equipped to handle almost any financial concern you have.
Personally, my life revolves around my wife, Jessica, and my two sons. I believe that people – family and community – are the fabric of life. My goal as a financial advisor is to help you sew your own quilt – a quilt that you can not only use today, but also pass on for generations to come.
Securities Agent: DE, KS, VA, PA, NY, NV, MN, MA, IL, TN, OK, IN, GA, TX, SD, NH, MO, MD, ME, ID, FL, WI, SC, MT, KY, AK, OR, OH, NM, IA, DC, CA, AZ, CT, CO, AR, WY, WA, NE, MS, LA, VT, NJ, NC, MI; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1312608
CA Insurance License #: 0L50564
AR Insurance License #: 16626564
NMLS#: 1312608
CA Insurance License #: 0L50564
AR Insurance License #: 16626564
Contact Michael D Ciesemier
Contact Matthew Filosa
Contact Elizabeth J Frattura
Contact Brian F Hickey
Contact Jason Schultz
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
Mehul Dhadankar
Private Banker
About Mehul Dhadankar
Mehul Dhadankar is a Private Banker serving Morgan Stanley Wealth Management offices in Illinois.
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.
Mehul began his career in financial services in 1998 and joined Morgan Stanley in 2017. Prior to joining the firm, he served as a Business Development Manager for Bank of America Merrill Lynch in the Merrill Lynch Edge product team. Mehul also served as a Resident Manager, Senior Banker, and Premier Client Manager at Bank of America.
Mehul is a graduate of the DePaul University, where he received a Bachelor of Science in Finance. He lives in Chicago, Illinois with his family. Outside of the office, Mehul enjoys playing golf, traveling, and spending time 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.
Mehul began his career in financial services in 1998 and joined Morgan Stanley in 2017. Prior to joining the firm, he served as a Business Development Manager for Bank of America Merrill Lynch in the Merrill Lynch Edge product team. Mehul also served as a Resident Manager, Senior Banker, and Premier Client Manager at Bank of America.
Mehul is a graduate of the DePaul University, where he received a Bachelor of Science in Finance. He lives in Chicago, Illinois with his family. Outside of the office, Mehul enjoys playing golf, traveling, and spending time family and friends.
NMLS#: 652577
Wealth Management
Global Investment Office
Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Are You Prepared for Tax Day?
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Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
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Retirement for Plan Sponsors
End-to-End Services, Made Simple:
We can provide the tools and guidance to help you manage a retirement plan.
We can provide the tools and guidance to help you manage a retirement plan.
- Plan Evaluation
- Investment Management
- Plan Management Support
- Plan Participant Education
State of the Workplace Study 2023
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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 Bearing 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 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
3Morgan 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.
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.
5The 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.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8When 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.
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, 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 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
3Morgan 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.
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.
5The 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.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8When 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.
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, 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
CRC 6491812 (04/2024)
