Optimize your financial future.

Engineering and scientifically minded individuals and their families work with The Blackwell Carroll Group to optimize their financial future. Every financial plan we create is tailored to each client's unique and specific goals. What might work for someone without children who wants to retire early and travel, won’t necessarily work for someone with children or for clients who are taking care of elderly parents. We recognize this, and this is why we take much pride and care in creating, implementing and monitoring personalized plans for each unique client.
Services Include
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*

AWARDS AND DESIGNATIONS

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    Forbes Best-In-State Wealth Management Teams
    Recognized by Forbes magazine’s ranking of Best-In-State Wealth management teams for 3 consecutive years. Awarded to groups of experienced wealth managers that have proven track records of success according to SHOOK Research, which uses quantitative and qualitative data, including interviews, to rank teams.

    Ranked #4 (2025)
    Ranked #3 (2024)
    Ranked #2 (2023)

    Disclosure:
    Forbes.com (Awarded 2023 - 2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award.
    Award Disclosures:(https://www.morganstanley.com/disclosures/awards-disclosure.html)
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    Barron’s ANNUAL “Top 1,200 Financial Advisers” State-by-State
    Michael Blackwell has been recognized by Barron’s magazine’s annual ranking of America’s Top Financial Advisors for eight consecutive years running since 2017 and is at the top of the list for New Mexico's advisors.

    Ranked #1 (2019, 2022)
    Ranked #2 (2018, 2020, 2023, 2024)
    Ranked #3 (2021)
    Ranked #6 (2017)

    Disclosure:
    2017-2023 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
    Source: Barrons.com (Awarded 2017-2024). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
    Barron's Top 1,200 Financial Advisors: State-by-State
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    Forbes Best in State Wealth Advisors
    Michael Blackwell has been recognized by Forbes magazine’s annual ranking of Best-In-State Wealth Advisors for four consecutive years.

    Ranked #1 (2022, 2023, 2024)
    Ranked #2 (2021)

    Disclosure:
    2021-2023 Forbes Best-In- State Wealth Advisors
    Source: Forbes.com (Awarded 2021-2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
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    Top Next-Gen Wealth Advisors Best-In-State
    Chris Guillen has been recognized by Forbes magazine’s annual ranking as one of the top Next-Gen Wealth Advisors in New Mexico in 2022 & 2023.

    Disclosure:
    2022-2023 Top Next-Gen Wealth Advisors Best-In-State
    Source: Forbes.com (Awarded 2022-2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
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    Chairman's Club
    Michael Blackwell has been part of Morgan Stanley's Chairman's club since 2022. The Chairman's Club is an elite group composed of the Firm's top Financial Advisors. This appointment recognizes Michael Blackwell's consistent creativity and excellence in providing a wide range of investment products and wealth management services to his clients.
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    CERTIFIED FINANCIAL PLANNER™
    The CERTIFIED FINANCIAL PLANNER™ (CFP®) program demonstrates an advisor's dedication to personal financial planning and their expertise in this field. As part of their certification, all CFP® professionals commit to CFP Board's Code of Ethics and Standards of Conduct, which means they commit to work in their clients' best interests at all times when providing financial advice.

    Michael Blackwell
    Charlie Carroll
    Chris J. Guillen
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    Workplace Advisor – Equity Compensation
    This designation was developed for Financial Advisors with the expertise and knowledge necessary to help clients make informed decisions when it comes to their equity compensation.

    Michael Blackwell
    Chris Guillen
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    Lending Specialist
    The Lending Specialist designation was developed for Financial Advisors who have significantly incorporated lending into their practice.

    Michael Blackwell
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    Insurance Planning Director
    Recipients of the IPD designation have demonstrated a commitment to, and understanding of, holistic goals-based wealth management planning through the incorporation of insurance solutions into their practice as a foundational component of risk management.

    Michael Blackwell
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    Portfolio Management Director
    The Portfolio Management Director Designation Program was developed for Financial Advisors who have significantly incorporated portfolio management into their practice.

    Michael Blackwell
    Charlie Carroll
    Chris Guillen

Our Process

Our wealth management strategy is centered around you, your family, and your profession - where you are now and where you want to be in the future. We provide the structure to help you get there. Check out our process below:
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    1. Discovery Process
    Where we invest the time to learn about you and your family, your assets and liabilities, and your risk exposures, which enables us to formulate strategies and customize the relationship to your needs.
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    2. Formulation of Tax, Trust and Estate Strategy
    Working with your tax and legal advisors, we help analyze your income and estate tax circumstances to identify and tailor planning techniques that may be used to address your objectives.
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    3. Creation of Customized Strategic Asset Allocation
    Your customized asset allocation reflects risk, opportunities and taxation across multiple entities, while integrating your investing and estate plans.
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    4. Integration of Tactical Asset Allocation
    Short-term adjustments seek to capitalize on temporary market distortions. Before making adjustments, we analyze the impact of taxes and trading costs on potential returns.
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    5. Implementation of a Customized Wealth Strategy
    After comprehensive due diligence and analysis of expected results across multiple market scenarios, strategies are chosen from our expansive investment platform.
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    6. Ongoing Assessment
    In coordination with your other advisors, we can conduct ongoing reviews and comprehensive reporting to ensure that your strategy adapts to changing financial and family needs.

Financial Resources

Here at Morgan Stanley, we strive to simplify complex financial ideas so that our clients understand what is being done on their behalf to plan for their financial future. We are firm believers of providing our clients with as many resources as possible so they can stay informed about the latest market trends, outlooks, and breakdowns.
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    Mike Wilson: Thoughts On The Market
    With perspectives on the forces shaping the market, join Mike Wilson, Chief Investment Officer and Chief US Equity Strategist for Morgan Stanley, as he and his colleagues discuss a variety of viewpoints regarding the latest trends in the financial marketplace.
    This Week's Podcast With Mike Wilson
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    Global Investment Committee On The Markets
    A monthly publication that summarizes the Global Investment Committee’s market outlook and contains thought-provoking essays that examine the forces shaping the investment landscape. Check out this month's edition below.
    Read: "GIC On The Markets"
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    GIC Weekly
    The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance and fixed income. Click the link below to read the full report.
    Read: "GIC Weekly"
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    2024 Federal Income Tax Tables
    For help filing your taxes this year, our team has published the 2024 tax tables for your reference. Please click the link below to view them.
    Read: "Tax Tables"
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    Reducing Your Income & Portfolio Tax
    Achieving your investment goals isn’t just about maximizing returns. Minimizing the impact of taxation in your portfolio can also play a key role in helping you build wealth over the long run. As you review your income and portfolio, consider the steps in the document below to assist in minimizing taxes on your investments.
    Read: "These Steps May Reduce Taxes On Your Income & Portfolio"
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    Home Financing Options
    Government policies have opened up multiple options to finance the purchase of a new home. The following PDF outlines 4 options to helping you make the best possible decision and maximize your financial potential.
    Read: "Four Ways To Finance A Home Purchase"

Welcome to our Life Navigator

One of our goals at The Blackwell Carroll Group is to help our clients navigate different life events. Here you will find a wide range of content and materials covering a variety of life events and milestones that you might face.
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    Birth
    Welcoming a child into the family is a joyous occasion for everyone—for parents, grandparents, aunts, uncles, siblings, cousins and other extended family members. As a trusted advisor to our clients, we play a critical role in helping you plan and prepare for the financial components that a new child introduces into your lives—everything from planning for the costs associated with birth, adoption or surrogacy; anticipating unexpected medical expenses; understanding gifting requirements; preparing for child care and planning for educational expenses.
    Click here for more information on preparing for educational expenses
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    Education
    Education is a major investment and expense for most of our clients—one that often requires years of careful, advanced planning. As educational costs continue to rise—from primary education through undergraduate, graduate and professional schools—we can help you approach the range of educational expenses, such as tuition, extension programs and advanced professional training, with appropriate funding strategies for your particular situations.
    Click here to visit out education planning center
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    Business/Work
    Many of our clients have complex business arrangements, from executive-level employment situations to various levels of investment in a multitude of business ventures—from startups to established enterprises. As their financial advisor, we play a critical role in helping them navigate the complexities of business ownership, investment and associated activities such as selling, divesting or planning for succession.

    Typically, we encounter three primary scenarios with our clients:

    - Starting a business
    - Funding a business
    - Exiting a business
    Click here to learn more about building a startup
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    Marriage
    There are few events more exciting than when our client decides to align their life with the person they love. Of course, there are conversations you should have with your partner before tying the knot. One of the most important is about money—how you will make it, save it, spend it and invest it. In addition, helping fund an adult child’s wedding is a goal for many parents (and grandparents). As your financial advisor, we can play an important role in helping you plan for these milestones and guiding your conversations.
    Click here for questions to ask your partner before you commit
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    Post-Career
    Today's 65-year-olds have a high likelihood of living until their mid-80s, and it's not uncommon anymore to reach substantially beyond that. That means you need to plan for a retirement that will span two decades and potentially much more. Longer retirements are great outcomes, but also place a great deal of stress on a household’s finances. As your financial advisor, we make sure to put a plan in place so that you are able to take on any curveball retirement may throw at you.
    Click here to learn about 5 mistakes to avoid in retirement
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    Caregiving
    Health care costs are rising—especially for retirees, and many will need long-term care. Learn the moves you can make to help prepare yourself.
    Click here to learn more about planning to fund long term care expenses
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    Death
    Dealing with death is never easy. Aside from coping with the loss of a loved one, legal matters also require immediate attention, including administration of the estate. Though it may be hard for individuals to talk about estate planning because of the heartache, addressing it promptly is crucial to saving both time and money, and to minimizing family conflict or confusion. Passing away without a will, known as intestacy, means the state determines how the deceased’s assets will be distributed, and this may not be consistent with the family’s wishes. Proceedings can also be painful and costly for the family.

    We believe that is better to plan ahead to ensure that your wishes and your will are followed. A proactive approach to estate planning as a family is better than a reactive one.
    Click here to learn about why you may want a trust

Location

6565 Americas Pkwy NE
Suite 400
Albuquerque, NM 87110
US
Direct:
(505) 872-7316(505) 872-7316
Toll-Free:
(800) 776-5973(800) 776-5973

Meet The Blackwell Carroll Group

About Michael Blackwell

Michael Blackwell joined Morgan Stanley in 2007. Michael focuses on comprehensive financial planning. Prior to Morgan Stanley, Michael spent six years in the information technology sector where he served as a Delivery Project Executive at IBM and a Director of Field Services at Dimension Data. Prior to working in information technology, Michael’s professional engineering career began in manufacturing as a metallurgist with Carpenter Technology Corporation. Michael holds a Master’s Degree from University of Pennsylvania in Materials Science & Engineering where he graduated Cum Laude. He conducted thesis research work at Oak Ridge National Laboratory. He holds a Bachelor’s Degree in Materials Science & Engineering from Lehigh University where he graduated Magna Cum Laude and he currently serves on the Lehigh University Alumni Board. He completed his financial planning studies at Georgetown University and earned his CERTIFIED FINANCIAL PLANNER certification in 2010. Michael was also a member of Morgan Stanley's President's Club from 2012-2021 and has been a member of the Chairman's Club, an elite group composed of the Firm's top Financial Advisors, since 2022.
Securities Agent: KY, IN, SD, OK, MN, IA, NE, ND, IL, GA, WA, OR, NJ, LA, CT, CO, AK, WI, TN, OH, HI, FL, AL, UT, NC, CA, VA, NM, ME, DE, DC, AZ, WY, TX, PA, NV, MD, ID, NY, MS, KS, MO, MI, MA, SC, MT; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1293916

About Charlie Carroll

“Charlie” Carroll joined Morgan Stanley in 2001.  Before joining Morgan Stanley, Charlie was an Accounting Manager for Mountain States Insurance Group. He became a Certified Public Accountant in 1997 when he worked for Meyners + Co. He also worked at Mountain States Insurance Group as a Premium Auditor and as a Claims Adjuster. Charlie earned his Bachelors of Business Administration with a concentration in Finance from the University of New Mexico. He earned CERTIFIED FINANCIAL PLANNER™ certification in 2006.
Securities Agent: NM, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WY, NV, CT, CO, CA, AZ, AL, AK, ND, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NJ; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1293888

About Chris J. Guillen

Chris Guillen joined Morgan Stanley in 2007, where he started his career working on the New York Stock Exchange Trading Floor. He later transitioned into Private Wealth Management in New York City before returning to his native New Mexico to work closely with families and businesses. Chris and his family are from the Espanola Valley and have deep ties to the surrounding communities. Chris also earned a Bachelor’s Degree from The University of New Mexico where he majored in Financial Management, minored in Economics, and graduated Cum Laude.

Chris and his wife, Ana, live in Albuquerque, NM with their two children Nicolas and Isabella.
Securities Agent: ME, IN, CA, KY, AL, AK, WY, UT, NE, MT, LA, IL, FL, DC, OK, TN, SC, NY, NJ, ND, MO, MI, MA, ID, HI, WA, MD, KS, OR, CO, PA, GA, DE, CT, WI, VA, TX, NM, MS, MN, SD, OH, AZ, NV, NC, IA; General Securities Representative; Investment Advisor Representative
NMLS#: 1293985

About Brandon Kehl

Brandon joined Morgan Stanley in 2022. He began working in the financial industry in 2013 at Wells Fargo where he spent the past 9 years. He started his career as a teller and held numerous roles at the bank throughout the years most recently holding the tile of registered relationship banker. He earned his Series 7, 63 & 65 accreditations in 2018.

In Brandon’s free time he enjoys snowboarding, rock climbing and golf. He also spends quite a bit of time volunteering with the Special Olympics of New Mexico acting as a unified partner for the state golf tournament. Brandon is a native New Mexican, born and raised in Albuquerque.

About Denise Tellez

Denise Tellez joined Morgan Stanley in 2022 after working for the past 17 years at another wealth management firm. She started her career in the financial industry over 30 years ago as a teller for a local area bank & continued to advance her career rising to the position of Customer Service Manager, before ultimately joining a financial wealth team at RBC. Along the way, she obtained her Series 7, 63, & 65 accreditations. She assists clients with all aspects of wealth planning, and always strives to develop client relationships in order to provide them with first-class service. Denise, an Albuquerque native, has a Bachelor of Science degree in accounting from the University of Phoenix.

In Denise’s free time, she enjoys hiking, traveling, teaching in her faith community, spending time with family, godchildren, & close friends, and lastly supporting the New Mexico State University through charitable endeavors and supporting its various athletic teams.

About Consuelo Meza

Consuelo is a New Mexico Native. She grew up in Espanola and moved to Albuquerque in 1994. Consuelo attended UNM where she met her husband, Sergio. Consuelo’s financial services career began with Wells Fargo where she worked as a teller. Later she was promoted to a service manager and credit analyst. She pivoted to Wealth Management in 2016 when she took a position as a client associate at RBC Wealth Management. Outside of work, Consuelo and her husband enjoy spending quality time with their son Sergio II (S2), their dog Captain and family and friends. They also enjoy attending Isotopes baseball games and UNM football & basketball games.

About Lucas Weidner

Lucas joined The Blackwell Carroll Group at Morgan Stanley in 2024, bringing over a decade of experience in the financial services industry. Prior to joining the team, he honed his skills at Wells Fargo, where he gained comprehensive expertise in account management, lending solutions, and investment operations. His ability to manage diverse client needs with precision and professionalism has made him an invaluable resource for both clients and team members alike.

In his role as a Registered Client Service Associate, Lucas is dedicated to ensuring a seamless client experience by managing account administration, resolving complex service requests, and providing personalized support to meet the unique needs of the Group's clientele. His attention to detail and commitment to excellence align with the high standards of The Blackwell Carroll Group.

Outside of the office, Lucas lives in Rio Rancho, New Mexico, with his wife and their two young daughters. Together, they enjoy a shared love for animals, attending live music events, and exploring the breathtaking landscapes of the Southwest. Whether hiking, biking, or simply spending time outdoors, Lucas and his family embrace every opportunity to connect with nature and create lasting memories.

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

About Rick Dombrowski

Rick Dombrowski is a Private Banker serving Morgan Stanley Wealth Management offices in Arizona.

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.

Rick began his career in financial services in 1996, and joined Morgan Stanley in 2014 as a Private Banker. Prior to joining the firm, he was a Private Banker at BBVA Compass. He also served as a Credit Analyst, Private Banker and Regional Credit Manager at Wells Fargo Bank, N.A.

Rick is a graduate of Arizona State University, where he received a Bachelor of Science in Finance. He lives in Scottsdale, Arizona with his family. Outside of the office, Rick enjoys music, skiing, and traveling.
NMLS#: 512436
Wealth Management
Global Investment Office

Portfolio Insights

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
2025 Global Economic Outlook: U.S. Policies May Temper Global Growth
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2025 Global Economic Outlook: U.S. Policies May Temper Global Growth

Global growth is likely to be around 3% in 2025 and 2026, as tariff and immigration policies begin to slow the U.S. economy late next year, and China's underperformance restrains emerging markets.

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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Are You Prepared for Tax Day?

The countdown to Tax Day has begun. Here are some strategies to consider as the deadline approaches.

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
4 Financially Smart Ways to Take Money Out of Retirement Accounts
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4 Financially Smart Ways to Take Money Out of Retirement Accounts

Discover how planning for required minimum distributions from retirement accounts can help you fund future needs and support loved ones.

Business Planning

Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
  • Succession Planning
  • Business Planning
  • Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Financial Planning for Life After Selling a Business

Selling your business can mean big changes for your life, both personally and financially. Know how to make the most of your windfall.

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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Donor Advised Funds: A Smart Way to Manage Your Giving 

There’s more to charitable giving than you may realize. Here’s one method that may be a tax-efficient way to give and can help maximize your impact.

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.
The Business Case for a Financially Resilient Workforce
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The Business Case for a Financially Resilient Workforce

In the face of turbulent markets, the word “resilience” may be top of mind. Broadly speaking, resilience is the ability to “bounce back” when encountering life’s inevitable challenges.
Ready to start a conversation? Contact The Blackwell Carroll Group today.
Market Information Delayed 20 Minutes
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 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.

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2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.

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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.

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4Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

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5Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

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6Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

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7Morgan 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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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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.

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9When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.

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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)