Eric Hokanson
Managing Director, Wealth Management, Financial Advisor, Senior Portfolio Management Director
Phone:
(508) 790-9621(508) 790-9621
The Boardwalk Group at Morgan Stanley
Direct:
(508) 790-9600(508) 790-9600
Toll-Free:
(800) 347-8057(800) 347-8057
Our Mission Statement
Unbiased
Uncompromising
Uncomplicated
Our team believes there is a better way of handling wealth and we invite you to see what that means.
Uncompromising
Uncomplicated
Our team believes there is a better way of handling wealth and we invite you to see what that means.
About US
Over the years, all of us at The Boardwalk Group have spoken to our clients about building and protecting their financial security and the importance of taking steps to prepare for the future. We believe it is our job to provide clients with the highest quality of service and most complete and effective wealth management experience possible. Establishing a strong support system for our clients requires a team of people with tenured professional experience and strong educational backgrounds who pay close attention to clients’ wellbeing. As a group, we are passionate about what we do and equally as passionate about how we do it.
Services Include
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Experience
Eric Hokanson, Managing Director, Senior Portfolio Management Director, and Financial Advisor, brings over 30 years of experience in the financial industry. He specializes in estate planning strategies, asset allocation, and comprehensive financial planning, leveraging Morgan Stanley’s resources to help clients build and preserve their wealth.
Ryan McMullen, Senior Vice President, Portfolio Management Director, Insurance Planning Director, and Financial Advisor, has over 14 years of experience in financial services. With an MBA in Finance and a Master’s in Accounting from Saint Peter’s University, he specializes in cash flow strategies and fixed income planning for high-net-worth clients.
Cam Morris, Vice President, Senior Portfolio Manager, and Financial Advisor, has over 20 years of experience in financial services. He focuses on financial planning, asset management, and portfolio construction. A graduate of the University of Massachusetts with a degree in Economics, Cam plays a key role in developing customized strategies for clients.
Colin Hokanson, Financial Advisor and Financial Planning Specialist, joined the team last year, bringing a fresh perspective and deep knowledge of technology to enhance the client experience. His focus is on integrating innovative tools and strategies to help clients achieve their financial goals.
Ryan McMullen, Senior Vice President, Portfolio Management Director, Insurance Planning Director, and Financial Advisor, has over 14 years of experience in financial services. With an MBA in Finance and a Master’s in Accounting from Saint Peter’s University, he specializes in cash flow strategies and fixed income planning for high-net-worth clients.
Cam Morris, Vice President, Senior Portfolio Manager, and Financial Advisor, has over 20 years of experience in financial services. He focuses on financial planning, asset management, and portfolio construction. A graduate of the University of Massachusetts with a degree in Economics, Cam plays a key role in developing customized strategies for clients.
Colin Hokanson, Financial Advisor and Financial Planning Specialist, joined the team last year, bringing a fresh perspective and deep knowledge of technology to enhance the client experience. His focus is on integrating innovative tools and strategies to help clients achieve their financial goals.
AWARDS, LICENSES, AND CERTIFICATIONS
Thanks to the unwavering commitment to helping clients and families achieve their investment goals, members of The Boardwalk Group have been awarded the following industry awards and recognitions:
2025 Forbes Best-In-State Wealth Management Teams
Each year, Forbes Magazine releases a list of hand-selected and ranked advisors. In order to make this list, advisors must be nominated by their firm, researched, interviewed, and assigned a rank by SHOOK Research. The Boardwalk Group has made the list of Best-In-State Wealth Management Teams for the State of Massachusetts for 2025. 2025 Forbes Best-In-State Wealth Advisors Source: Forbes.com (Awarded 2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2024 Forbes Best-In-State Wealth Management Teams
Each year, Forbes Magazine releases a list of hand-selected and ranked advisors. In order to make this list, advisors must be nominated by their firm, researched, interviewed, and assigned a rank by SHOOK Research. The Boardwalk Group has made the list of Best-In-State Wealth Management Teams for the State of Massachusetts for 2024. 2024 Forbes Best-In-State Wealth Advisors Source: Forbes.com (Awarded 2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2023 Forbes Best-In-State Wealth Management Teams
Each year, Forbes Magazine releases a list of hand-selected and ranked advisors. In order to make this list, advisors must be nominated by their firm, researched, interviewed, and assigned a rank by SHOOK Research. The Boardwalk Group has made the list of Best-In-State Wealth Management Teams for the State of Massachusetts for 2023. 2023 Forbes Best-In-State Wealth Advisors Source: Forbes.com (Awarded 2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Digital Tools
Our comprehensive suite of digital tools are designed to help enhance most aspects of your financial life. Here are a few of the technologies we have to offer our clients.
Morgan Stanley Online
Your investments and everyday finances are always just a few clicks away with Morgan Stanley Online (MSO) and the Morgan Stanley Mobile App.
Learn More About MSO
Total Wealth View
We've launched a new tool that allows you to link information from your accounts at other financial institutions directly to your Morgan Stanley Online or Morgan Stanley Mobile App profile.
The ability to view all of your assets together provides the opportunity to advise on your Morgan Stanley accounts with your entire financial picture in mind.
Learn More About Total Wealth ViewThe ability to view all of your assets together provides the opportunity to advise on your Morgan Stanley accounts with your entire financial picture in mind.
Online Security Center
At Morgan Stanley, safeguarding your assets and personal information is among our highest priorities. Learn about our security measures and use our resources and ideas to help protect yourself online.
Learn More About Online Security Center
Goals Based Planning
Working with us, paired with our technology, is a great way to access advice and build a wealth plan. Read more about the advantages of working with our planning technology to help reach your financial goals.
Learn About Our Planning ToolsLocation
45 North Street
Hyannis, MA 02601
US
Direct:
(508) 790-9600(508) 790-9600
Toll-Free:
(800) 347-8057(800) 347-8057
Fax:
(508) 790-9650(508) 790-9650
Meet The Boardwalk Group
Ryan McMullen
Senior Vice President, Wealth Management, Financial Advisor, Portfolio Management Director
Phone:
(508) 790-9645(508) 790-9645
James Cameron Morris
Vice President, Wealth Management, Financial Advisor, Senior Portfolio Manager
Phone:
(508) 790-9622(508) 790-9622
Colin Hokanson
Financial Advisor, Financial Planning Specialist
Phone:
(508) 790-9631(508) 790-9631
Vera Nigmatullina, CRPC®*
Senior Registered Client Service Associate
Phone:
(508) 790-9607(508) 790-9607
Caroline Clabault
Team Administrator
Phone:
(508) 790-9696(508) 790-9696
Matthew Sweet
Client Service Associate
Phone:
(508) 790-9662(508) 790-9662
About Eric Hokanson
Eric Hokanson’s personal goal as a Financial Advisor and Managing Director is to build strong relationships with his clients beyond what is inside their portfolios. He cares to learn about what his client’s value and what is important to them. Eric is a strong believer in proactive communication to help ensure everyone is on the same page every step of the way.
As a co-founder of The Boardwalk Group, Eric maintains oversight of daily operations and takes an active role in strategic wealth planning by living up to his philosophy: the key to successful investing is discipline and patience.
With over 30 years of experience working in financial services, Eric has been named to Forbes Best-in-State Wealth Advisors for 2019, 2020, 2021, 2022 and 2023. Eric is a proud graduate of Stonehill College with a Bachelor of Arts in Public Administration.
Working together with his team, Eric explores a multitude of areas that go beyond the typical financial planning process, including:
• Tax efficient strategies
• Estate planning / Trust strategies
• Alternative investments
• Corporate options and benefits analysis
• Insurance Planning
• Monetization of concentrated positions
• Philanthropic giving strategies
• Income planning
• Educational Planning
Eric lives in Sandwich MA for over 20 years with his wife Kendra and their two children, Colin and Carly. During his time away from the office Eric enjoys traveling, working to support local youth athletic programs, skiing, golfing and spending time with his family.
Named to the 2024 Forbes Top Next-Gen Wealth Advisors Best-In-State ranking. Source: Forbes.com (Awarded Aug 2024). Data compiled by SHOOK Research LLC based on time period from 3/31/23 – 3/31/24.
As a co-founder of The Boardwalk Group, Eric maintains oversight of daily operations and takes an active role in strategic wealth planning by living up to his philosophy: the key to successful investing is discipline and patience.
With over 30 years of experience working in financial services, Eric has been named to Forbes Best-in-State Wealth Advisors for 2019, 2020, 2021, 2022 and 2023. Eric is a proud graduate of Stonehill College with a Bachelor of Arts in Public Administration.
Working together with his team, Eric explores a multitude of areas that go beyond the typical financial planning process, including:
• Tax efficient strategies
• Estate planning / Trust strategies
• Alternative investments
• Corporate options and benefits analysis
• Insurance Planning
• Monetization of concentrated positions
• Philanthropic giving strategies
• Income planning
• Educational Planning
Eric lives in Sandwich MA for over 20 years with his wife Kendra and their two children, Colin and Carly. During his time away from the office Eric enjoys traveling, working to support local youth athletic programs, skiing, golfing and spending time with his family.
Named to the 2024 Forbes Top Next-Gen Wealth Advisors Best-In-State ranking. Source: Forbes.com (Awarded Aug 2024). Data compiled by SHOOK Research LLC based on time period from 3/31/23 – 3/31/24.
Securities Agent: VT, DC, RI, NV, CO, VI, NY, NJ, MD, IN, AZ, OH, IL, CT, MN, VA, WI, TX, PA, NH, MS, FL, CA, SC, OR, MT, ME, MA, HI, WA, NC, MI, GA; BM/Supervisor; General Securities Representative; Investment Advisor Representative
NMLS#: 1398721
CA Insurance License #: 0162327
NMLS#: 1398721
CA Insurance License #: 0162327
About Ryan McMullen
Ryan McMullen, Senior Vice President, Portfolio Management Director, brings experience in personal Wealth Management and asset management. Ryan provides clients with comprehensive and personalized financial advice following a holistic approach to Wealth Management. He focuses on client values, concerns and long term objectives by creating tailored financial solutions that speak to their unique financial situation.
Prior to his work at Morgan Stanley, Ryan worked with ultra-high net worth clients focusing on tax free investing at The GMS Group.
Ryan earned his MBA in Finance and MS in Accounting from Saint Peter’s University Graduate School of Business. Ryan holds undergraduate degrees in Marketing and Economics from Saint Peter’s University.
Ryan McMullen’s personal goal as a Financial Advisor and First Vice President is to have multi-generational relationships with his clients and work to build a family legacy. Ryan believes that by working with his clients to understand the families long term goals, we can create wealth strategies for future generations.
As a co-founder of The Boardwalk Group, Ryan maintains oversight of daily operations and takes an active role in strategic wealth planning and portfolio construction. Ryan is a Portfolio Management Director as well as an Insurance Planning Director within the firm. With over 15 years of experience working in financial services, Ryan is a proud graduate of Saint Peters University with Bachelor of Arts Degrees in both Marketing and Economics. Ryan furthered his education at Saint Peter’s University and received his Masters of Science in Accountancy and his Masters of Business Administration.
Working together with his team, Ryan explores a multitude of areas that go beyond the typical financial planning process, including:
• Tax efficient strategies
• Estate planning / Trust strategies
• Alternative investments
• Corporate options and benefits analysis
• Insurance Planning
• Monetization of concentrated positions
• Philanthropic giving strategies
• Income planning
• Educational Planning
Ryan lives in Duxbury, MA and has three beautiful children. Grayson, Lincoln and Sienna. Ryan is a Trustee of Mosaic Lodge and through their efforts enjoys supporting local charities. During his time away from the office Ryan enjoys golf at Marshfield Country Club, traveling to new destination around the world, skiing at Stowe Mountain in Vermont, basketball, volleyball sailing and swimming.
Prior to his work at Morgan Stanley, Ryan worked with ultra-high net worth clients focusing on tax free investing at The GMS Group.
Ryan earned his MBA in Finance and MS in Accounting from Saint Peter’s University Graduate School of Business. Ryan holds undergraduate degrees in Marketing and Economics from Saint Peter’s University.
Ryan McMullen’s personal goal as a Financial Advisor and First Vice President is to have multi-generational relationships with his clients and work to build a family legacy. Ryan believes that by working with his clients to understand the families long term goals, we can create wealth strategies for future generations.
As a co-founder of The Boardwalk Group, Ryan maintains oversight of daily operations and takes an active role in strategic wealth planning and portfolio construction. Ryan is a Portfolio Management Director as well as an Insurance Planning Director within the firm. With over 15 years of experience working in financial services, Ryan is a proud graduate of Saint Peters University with Bachelor of Arts Degrees in both Marketing and Economics. Ryan furthered his education at Saint Peter’s University and received his Masters of Science in Accountancy and his Masters of Business Administration.
Working together with his team, Ryan explores a multitude of areas that go beyond the typical financial planning process, including:
• Tax efficient strategies
• Estate planning / Trust strategies
• Alternative investments
• Corporate options and benefits analysis
• Insurance Planning
• Monetization of concentrated positions
• Philanthropic giving strategies
• Income planning
• Educational Planning
Ryan lives in Duxbury, MA and has three beautiful children. Grayson, Lincoln and Sienna. Ryan is a Trustee of Mosaic Lodge and through their efforts enjoys supporting local charities. During his time away from the office Ryan enjoys golf at Marshfield Country Club, traveling to new destination around the world, skiing at Stowe Mountain in Vermont, basketball, volleyball sailing and swimming.
Securities Agent: IL, CT, VI, NJ, MA, WA, OH, AZ, MD, GA, OR, NY, NV, NH, MT, HI, MS, ME, IN, DC, CO, VA, NC, MN, PA, WI, VT, SC, CA, MI, FL, TX, RI, PR; General Securities Representative; Investment Advisor Representative
NMLS#: 1272866
NMLS#: 1272866
About James Cameron Morris
J. Cameron Morris, Financial Advisor and Financial Planning Specialist joined Morgan Stanley in the fall of 2008. Cam prides himself on attention to detail and building trust. His focus includes working closely with clients and their families to create comprehensive financial planning and portfolio management. He believes achieving financial goals starts with taking a holistic approach to wealth management.
One of Cam’s passions is ocean conservation and specifically that of the great white shark. He’s been able to observe these fish up close not only in the local waters of Cape Cod, but also at the remote island of Guadalupe Mexico, cage diving over the last several years.
Cam holds a degree in Economics from the University Of Massachusetts, Amherst and lives in Cummaquid, MA with his wife Brenda. Outside of the office he can be found on the water, golfing, traveling, and spending time with family.
One of Cam’s passions is ocean conservation and specifically that of the great white shark. He’s been able to observe these fish up close not only in the local waters of Cape Cod, but also at the remote island of Guadalupe Mexico, cage diving over the last several years.
Cam holds a degree in Economics from the University Of Massachusetts, Amherst and lives in Cummaquid, MA with his wife Brenda. Outside of the office he can be found on the water, golfing, traveling, and spending time with family.
Securities Agent: NV, MD, VT, OR, CO, CA, WA, MN, NY, NC, MS, ME, IL, FL, CT, WI, TX, MT, MI, IN, HI, GA, DC, SC, PA, OH, MA, AZ, NJ, VI, VA, RI, NH; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1758105
NMLS#: 1758105
About Colin Hokanson
Colin Hokanson is the newest member of the Boardwalk Group, joining as a Financial Advisor Associate. With extensive experience in enterprise sales, Colin brings a unique perspective to wealth management by leveraging his deep understanding of client needs to deliver customized financial strategies. By utilizing advanced technology, he enhances the client experience, streamlines portfolio management processes, and ensures that each individual client receives strategies tailored to their financial goals and long-term objectives.
Before transitioning into his current role, Colin honed his expertise working with some of the world’s largest organizations, where he focused on creating innovative solutions that drive success and growth. His ability to merge technology with strategic financial planning has made him a trusted advisor in both the business and financial sectors.
Colin is honored to join Morgan Stanley as a Financial Advisor Associate alongside his father, Eric Hokanson. Having grown up immersed in the financial industry and previously interning for The Boardwalk Group in 2014.
Colin lives in Kingston with his wife Taylor in their first house together. Outside of work, Colin enjoys being on the Cape, traveling, the outdoors, boating, fishing, golfing and snowboarding.
Before transitioning into his current role, Colin honed his expertise working with some of the world’s largest organizations, where he focused on creating innovative solutions that drive success and growth. His ability to merge technology with strategic financial planning has made him a trusted advisor in both the business and financial sectors.
Colin is honored to join Morgan Stanley as a Financial Advisor Associate alongside his father, Eric Hokanson. Having grown up immersed in the financial industry and previously interning for The Boardwalk Group in 2014.
Colin lives in Kingston with his wife Taylor in their first house together. Outside of work, Colin enjoys being on the Cape, traveling, the outdoors, boating, fishing, golfing and snowboarding.
Securities Agent: WA, OH, VT, UT, OK, IN, IL, HI, CA, AZ, AK, TX, PR, MS, MN, ME, MD, CO, VA, RI, NJ, VI, SC, NH, TN, LA, WI, NC, MT, MA, PA, MI, GA, DC, OR, NY, MO, NV, IA, FL, CT; General Securities Representative; Investment Advisor Representative
About Vera Nigmatullina
Vera joined The Boardwalk Group at Morgan Stanley in December 2019. Vera is responsible for assisting our clients with all service related matters.
Previously Vera worked at Morgan Stanley in Boston as a Registered Associate in institutional equities, and has a few years of experience working in wealth management roles in Boston and Washington D.C.
Vera is a graduate of the United Nations International School in Manhattan and has a Bachelor of Arts Degree in Economics and Political Science from the University of Wisconsin – Madison. Vera resides on Lower Cape Cod and enjoys watching her son play in school sports. Vera currently holds FINRA Series 7 and Series 66 registrations, and Chartered Retirement Planning CounselorSM designation.
*Disclaimer: This role cannot solicit or provide investment advice
Previously Vera worked at Morgan Stanley in Boston as a Registered Associate in institutional equities, and has a few years of experience working in wealth management roles in Boston and Washington D.C.
Vera is a graduate of the United Nations International School in Manhattan and has a Bachelor of Arts Degree in Economics and Political Science from the University of Wisconsin – Madison. Vera resides on Lower Cape Cod and enjoys watching her son play in school sports. Vera currently holds FINRA Series 7 and Series 66 registrations, and Chartered Retirement Planning CounselorSM designation.
*Disclaimer: This role cannot solicit or provide investment advice
About Caroline Clabault
Caroline is the Team Administrator for the Boardwalk Group at Morgan Stanley. She joined the team in May 2023.
Caroline grew up on Cape Cod and has enjoyed spending many summers on the beach. She studied Engineering and Packaging Science at Clemson University and plans to continue her studies in the future.
Currently, she resides in Plymouth and loves walking her dog and playing volleyball in her free time.
Caroline grew up on Cape Cod and has enjoyed spending many summers on the beach. She studied Engineering and Packaging Science at Clemson University and plans to continue her studies in the future.
Currently, she resides in Plymouth and loves walking her dog and playing volleyball in her free time.
About Matthew Sweet
Matthew is the newest member of The Boardwalk Group at Morgan Stanley. He is responsible for assisting our clients with all of their service related needs.
Prior to joining The Boardwalk Group Matthew worked as a Foreign Exchange Associate at First Republic Bank in Boston and, most recently, as a trader at Tradelink Securities in Miami, FL. He holds FINRA Series 7, 57, and 79 registrations.
Matthew is a Graduate from the University of Miami and an avid Canes football fan. He briefly walked on the football team as well. In his free time Matthew enjoys spending time with his wife and studying the Hawaiian language.
Prior to joining The Boardwalk Group Matthew worked as a Foreign Exchange Associate at First Republic Bank in Boston and, most recently, as a trader at Tradelink Securities in Miami, FL. He holds FINRA Series 7, 57, and 79 registrations.
Matthew is a Graduate from the University of Miami and an avid Canes football fan. He briefly walked on the football team as well. In his free time Matthew enjoys spending time with his wife and studying the Hawaiian language.
Contact Eric Hokanson
Contact Ryan McMullen
Contact James Cameron Morris
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?
Article Image
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
Article Image
Mosaic
Explore ideas and inspiration with captivating, original lifestyle stories created exclusively for Morgan Stanley clients.
A Change of Greenery
Article Image
Ready to start a conversation? Contact The Boardwalk Group today.
1Morgan 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.
2When 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.
3Morgan 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.
4Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
5Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
6Morgan Stanley 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.
7The 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.
8Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
9Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
10Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
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
2When 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.
3Morgan 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.
4Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
5Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
6Morgan Stanley 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.
7The 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.
8Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
9Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
10Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
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)
