Gayle Bullock
Executive Director, Wealth Management, Financial Advisor, Family Wealth Director, Senior Portfolio Management Director, Lending Specialist, Investing with Impact Director
Phone:
(949) 717-5368(949) 717-5368
The Bullock Group at Morgan Stanley
Direct:
(949) 717-5365(949) 717-5365
Toll-Free:
(800) 468-3352(800) 468-3352
Our Mission Statement
Our mission is to help you increase and preserve your wealth, so you can spend more time doing what matters most to you -- knowing that we are working hard to ensure your continued prosperity.
Welcome
Empowering clients to achieve and maintain financial independence: This is the fundamental principle that drives us at The Bullock Group. For more than 20 years, we have been helping high-net-worth individuals, multigenerational families, medical and corporate executives, elite athletes, actors and business owners manage their wealth more effectively. Our team shares your vision, values your trust and works diligently to create a customized roadmap targeted to help you achieve financial success.
As a team, we have dedicated our careers to helping people like you define and fulfill their long-term financial objectives. We believe it is our responsibility to be aware of the changing circumstances in your life, so we can anticipate and respond strategically to new risks and emerging opportunities. The end result is a coordinated financial and investment plan, updated regularly, that meets your unique wealth management goals today and for the generations that follow.
As a team, we have dedicated our careers to helping people like you define and fulfill their long-term financial objectives. We believe it is our responsibility to be aware of the changing circumstances in your life, so we can anticipate and respond strategically to new risks and emerging opportunities. The end result is a coordinated financial and investment plan, updated regularly, that meets your unique wealth management goals today and for the generations that follow.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
The Signifigance of a Family Wealth Director
The Bullock Group's Executive Director and Family Wealth Director, Gayle Bullock, leverages the versatile resources of Morgan Stanley and professionals to help our clients and their families maximize the value of their human capital by driving family wealth education, making it more likely that all members of the family will have the foundation and support they need to potentially lead meaningful, fulfilled and engaged lives.
Our team's Family Wealth Capabilities
A Family Wealth Director (FWD) is a rare distinction, earned by less than 5% of Morgan Stanley's Financial Advisors as of February 2021. The designation is given to advisors who have undergone distinctive training to complement their extensive experience working with ultra-high net worth families. To learn more about our family wealth capabilities, click the link below.
Our Family Wealth Capabilities
Family Governance and Wealth Education
The Family Governance & Wealth Education group helps ultra high net worth families strive to maximize the value of their human capital by addressing sensitive family issues, facilitate communication and manage your family dynamic in an effort to achieve a shared sense of common direction in coordination with your outside advisors.
Legacy & Estate Planning Strategies
We engage with our Executive Planning Director and Wealth Planning Center to provide a fully integrated comprehensive analysis of your balance sheet, estate plan, and investment strategy through a collaborative process - at your request we will coordinate with your legal tax advisors as well.
Philanthropy Management
We provide our clients with a smart way to give to causes and charities they care about through Morgan Stanley GIFT. Our donor advised fund, GIFT, is a 501(c)(3) public charity structured to offer you a simple, thoughtful and tax-advantageous way to support your favorite charities.
Learn More About GIFTOur Process
1 Introduction
We begin with a conversation to understand your concerns and determine how we can add value. Since not every advisor is a good match for every client, we introduce you to our approach and share our fee structure. If we all agree to move forward, we schedule our next meeting and request important financial information.
2 Discovery
We continue the dialogue we started, learning about the values that shape your decisions and identifying any unique circumstances around your wealth. We review the documents you prepared and begin to define your priorities and timelines.
3 Analysis and Plan Development
Here, we utilize industry-leading financial planning tools to develop a personalized and detailed financial plan with specific recommendations to help you grow, preserve and transfer your wealth. This serves as the foundation for building your initial plan, as well as future wealth management decisions.
4 Plan Presentation
In this step, we present your financial plan that includes an investment portfolio that aligns your investments with your goals, your timeframe and your risk level. We also discuss other wealth management solutions that may include risk management techniques and estate planning strategies.
5 Implementation
Upon your approval of our recommendations, we begin to implement the strategies outlined in the plan. Once assets have been transferred to Morgan Stanley and are aligned with your investment strategy, we walk you through the details of your new statement and introduce all of the tools and resources now available to you.
6 Ongoing Service and Care
Committed to a first-class experience, we focus on developing longstanding relationships that provide special value to you and your family. We speak with you regularly to provide updates on your accounts. We also monitor progress towards each of your goals, adjusting your financial plan accordingly as changes in your life occur.
Resources For You
Morgan Stanley Research
Through timely, in-depth analysis of companies, industries, markets and world economies, Morgan Stanley has earned its reputation as a leader in the field of investment research. To learn more about recent market updates, click here.
Morgan Stanley Research
Investing With Impact
Investing with Impact combines both your financial and impact goals to invest with the intention to seek a measurable, positive social or environmental impact alongside a market-rate financial return. Click below to learn more through our Investing with Impact brochure.
Investing With Impact Factsheet
Investing with Impact Framework
The Three I's of Impact Investing: Intentionality, Influence and Inclusion; customizable to a client's unique goals, represent the range of approaches that investors can pursue across asset classes to maximize positive impact.
Investing with Impact Framework: The Three I's of Impact
Morgan Stanley Impact Quotient (IQ)
How can investors gain insight into the impact of their investment portfolios? Our Morgan Stanley Impact Quotient tool distills complex data and tailors its analysis to you.
Read Article on Morgan Stanley IQ
2024 Federal Tax Table
Due to inflation, the IRS has adjusted the Federal Tax Table. For your convenience, we have included both tables with the updated changes. For your comparison, you can find the 2024 tax table below.
2024 Federal Tax Table
2023 Federal Tax Table
In 2023, the IRS has implemented adjustments to the Federal Tax Table to account for inflation. To learn more about the change, click here.
2023 Federal Tax Table
Thoughts On The Market Podcast
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.
Thoughts On The Market Podcast
Reserved Living & Giving
Reserved Living & Giving is a tiered complimentary loyalty program for eligible Morgan Stanley clients designed to deliver additional value beyond wealth management. The program provides access to exclusive offers and discounts from premium brands, as well as curated content from our partners and Morgan Stanley thought leaders.
Enroll in Reserved Living & GivingModern Wealth Management Tools
Morgan Stanley's suite of Modern Wealth Management Tools allows advisors to offer more customized and comprehensive advice than anywhere else. These tools' ease of use allows for a more in-depth view of a client's financial life to be taken, resulting in better service and more well-rounded advice.
Morgan Stanley Online
Morgan Stanley Online allows you to seamlessly and securely manage your investments and everyday finances in one place.
Register for Morgan Stanley Online Today
Security Center
Learn about our latest security measures, how we are safeguarding your assets and personal information and find actionable insights and resources on important cybersecurity topics to enhance your own online security.
Visit our Security Center
Digital Vault
Digital Vault lets you easily and securely manage and share important documents such as account statements, authorizations, tax filings and other relevant documents with your Financial Advisor.
Get Started Today
Total Tax 365
Taxes can be a substantial drag on investment returns. Morgan Stanley Total Tax 365 offers access to a broad range of tax-efficient strategies to help you integrate tax planning into your investment process all year long, maximize portfolio after-tax return potential and help keep more of what you earn.
Learn More
eDelivery
Sign up for eDelivery today and start receiving email notifications as soon as your account documents are available on Morgan Stanley Online or the Morgan Stanley Mobile App. It's quick, convenient & secure.
Enroll Today
Alternative Investments
Our leading alternatives platform offers 200+ third-party and proprietary funds, including first look and exclusive opportunities, that may help qualified investors enhance returns, reduce volatility, manage taxes and generate income—while maintaining a goals-based approach for asset allocation.
Morgan Stanley Alternative Investments
Morgan Stanley Blue Cash Preferred® American Express Card
A very welcoming offer. Earn a $250 statement credit with the Morgan Stanley Blue Cash Preferred® American Express Card.
Terms apply. Learn More.
A $695 Annual Engagement Bonus
For eligible Platinum CashPlus brokerage account clients with The Platinum Card® from American Express, exclusively for Morgan Stanley. Certain Morgan Stanley Debit Cardholders may also qualify. Terms apply.
Click Here to Learn MoreLocation
800 Newport Center Dr.
Ste 500
Newport Beach, CA 92660
US
Direct:
(949) 717-5365(949) 717-5365
Toll-Free:
(800) 468-3352(800) 468-3352
Meet The Bullock Group
Kendall Bullock Wear, CFP®
Senior Vice President, Wealth Management, Financial Advisor, Senior Portfolio Manager, Lending Specialist
Phone:
(949) 717-5369(949) 717-5369
Jimmy Turner
Portfolio Management Associate
Phone:
(949) 717-5362(949) 717-5362
Audrey Mandaro
Registered Client Service Associate
Phone:
(949) 717-5365(949) 717-5365
About Gayle Bullock
Gayle is a founding partner of The Bullock Group at Morgan Stanley, where she currently manages more than $675 million in assets. For more than 25 years, Gayle has been providing highly customized advice, investment strategies and financial planning services to health care and business executives, multigenerational families and foundations. She has earned the reputation of truly understanding her clients—their lives, their interests and their plans for the future—so they may pursue their financial goals and leave the legacies they desire.
An alumna of UCLA, Gayle earned her M.P.A. and Certificate in Health Services Administration from the University of Southern California. She began her career in the healthcare industry in 1976, and over the years has held senior leadership positions at several area hospitals, including those in the Memorial Health System and St. Joseph Health System and at start-up healthcare companies backed by sophisticated venture capital. She earned the designation of Fellow from the American College of Healthcare Executives (ACHE) and was named an “Up and Comer” by the ACHE in Modern Healthcare magazine in 1988. She has served as past president of both Healthcare Executives of Southern California and Women in Health Administration, and currently serves on the healthcare advisory board of the University of Southern California Sol Price School of Policy, Planning and Development.
After building a rewarding 18-year career in the healthcare industry, Gayle decided to pursue her passion to work in wealth management. In 1994, she joined Merrill Lynch to specialize in financial services for healthcare clients. Later there with her husband Bill, they formed The Bullock Group and became part of the Morgan Stanley family in 2011 and have been consistently honored as a Five-Star Wealth Manager by Orange Coast magazine since 2012.
As a designated Family Wealth Director, Gayle has access to a variety of family advisory services at Morgan Stanley including family governance and dynamics, philanthropic services and customized reporting. With her daughter and now partner, Kendall Bullock Wear, CFP, the Group offers comprehensive wealth management services across a range of disciplines and a full suite of financial planning and investment services to wealthy individuals, families, institutions, foundations, and endowments
2023 - 2024 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Apr 2023-2024) Data compiled by SHOOK Research LLC based on time period from 6/30/22 - 6/30/23.
2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In-State
Source: Forbes.com (Awarded Feb 2025) Data compiled by SHOOK Research LLC for the period of 9/30/23 - 9/30/24
2021-2024 Five Star Wealth Manager Award
Source: fivestarprofessional.com (Awarded 2021-2024) The award was determined based on an evaluation process conducted by Five-Star Professional based on objective criteria, during the following periods:
2021 Award - 08/17/2020 - 03/12/2021
2022 Award - 08/30/2021 - 03/04/2022
2023 Award - 07/25/2022 - 02/10/2023
2024 Award - 07/25/2023 - 01/21/2024
An alumna of UCLA, Gayle earned her M.P.A. and Certificate in Health Services Administration from the University of Southern California. She began her career in the healthcare industry in 1976, and over the years has held senior leadership positions at several area hospitals, including those in the Memorial Health System and St. Joseph Health System and at start-up healthcare companies backed by sophisticated venture capital. She earned the designation of Fellow from the American College of Healthcare Executives (ACHE) and was named an “Up and Comer” by the ACHE in Modern Healthcare magazine in 1988. She has served as past president of both Healthcare Executives of Southern California and Women in Health Administration, and currently serves on the healthcare advisory board of the University of Southern California Sol Price School of Policy, Planning and Development.
After building a rewarding 18-year career in the healthcare industry, Gayle decided to pursue her passion to work in wealth management. In 1994, she joined Merrill Lynch to specialize in financial services for healthcare clients. Later there with her husband Bill, they formed The Bullock Group and became part of the Morgan Stanley family in 2011 and have been consistently honored as a Five-Star Wealth Manager by Orange Coast magazine since 2012.
As a designated Family Wealth Director, Gayle has access to a variety of family advisory services at Morgan Stanley including family governance and dynamics, philanthropic services and customized reporting. With her daughter and now partner, Kendall Bullock Wear, CFP, the Group offers comprehensive wealth management services across a range of disciplines and a full suite of financial planning and investment services to wealthy individuals, families, institutions, foundations, and endowments
2023 - 2024 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Apr 2023-2024) Data compiled by SHOOK Research LLC based on time period from 6/30/22 - 6/30/23.
2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In-State
Source: Forbes.com (Awarded Feb 2025) Data compiled by SHOOK Research LLC for the period of 9/30/23 - 9/30/24
2021-2024 Five Star Wealth Manager Award
Source: fivestarprofessional.com (Awarded 2021-2024) The award was determined based on an evaluation process conducted by Five-Star Professional based on objective criteria, during the following periods:
2021 Award - 08/17/2020 - 03/12/2021
2022 Award - 08/30/2021 - 03/04/2022
2023 Award - 07/25/2022 - 02/10/2023
2024 Award - 07/25/2023 - 01/21/2024
Securities Agent: WA, HI, ID, OR, NJ, MT, MO, MA, FL, NH, MD, IL, DC, NM, MN, CO, TN, AZ, NV, UT, NY, CA, TX, NC, IN, GA, SC; General Securities Representative; Investment Advisor Representative
NMLS#: 558244
CA Insurance License #: 0B55199
NMLS#: 558244
CA Insurance License #: 0B55199
About Kendall Bullock Wear
As a Financial Advisor with the Bullock Group at Morgan Stanley, Kendall seeks to fully understand her clients’ unique needs and goals, and then integrate strategic investment solutions into a comprehensive financial plan. She focuses on working with her clients and their families to help them establish their legacies and guide them toward a successful financial future.
Kendall began her career at Morgan Stanley in 2013 as a Financial Advisor at the firm’s West Coast Client Advisory Center. She joined The Bullock Group in 2016. Previously, she worked at Athletes First, an NFL sports agency where she assisted rookies and their families with the transition into the league.
Kendall holds a bachelor’s degree in communication with an emphasis in sports and entertainment marketing from the University of Southern California. She earned her CFP© (CERTIFIED FINANCIAL PLANNER) in 2018, a designation recognized as the industry standard of excellence for personal financial planning. In her free time, Kendall enjoys being outside, exercising and spending time with her husband, Travis her son, William and her daughter, Kennedy.
2024 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Apr 2024) Data compiled by SHOOK Research LLC based on time period from 6/30/22 - 6/30/23.
2023-2024 Forbes Top Next-Gen Best in State Wealth Advisors
Source: Forbes.com (Awarded Aug 2024) Data compiled by SHOOK Research LLC based on the time period from 3/31/23 - 3/31/24.
2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In-State
Source: Forbes.com (Awarded Feb 2025) Data compiled by SHOOK Research LLC for the period of 9/30/23 - 9/30/24
2023-2024 Five Star Wealth Manager Award
Source: fivestarprofessional.com (Awarded 2023-2024) The award was determined based on an evaluation process conducted by Five-Star Professional based on objective criteria, during the following periods:
2023 Award - 07/25/2022 - 02/10/2023
2024 Award - 07/25/2023 - 01/21/2024
Kendall began her career at Morgan Stanley in 2013 as a Financial Advisor at the firm’s West Coast Client Advisory Center. She joined The Bullock Group in 2016. Previously, she worked at Athletes First, an NFL sports agency where she assisted rookies and their families with the transition into the league.
Kendall holds a bachelor’s degree in communication with an emphasis in sports and entertainment marketing from the University of Southern California. She earned her CFP© (CERTIFIED FINANCIAL PLANNER) in 2018, a designation recognized as the industry standard of excellence for personal financial planning. In her free time, Kendall enjoys being outside, exercising and spending time with her husband, Travis her son, William and her daughter, Kennedy.
2024 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded Apr 2024) Data compiled by SHOOK Research LLC based on time period from 6/30/22 - 6/30/23.
2023-2024 Forbes Top Next-Gen Best in State Wealth Advisors
Source: Forbes.com (Awarded Aug 2024) Data compiled by SHOOK Research LLC based on the time period from 3/31/23 - 3/31/24.
2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In-State
Source: Forbes.com (Awarded Feb 2025) Data compiled by SHOOK Research LLC for the period of 9/30/23 - 9/30/24
2023-2024 Five Star Wealth Manager Award
Source: fivestarprofessional.com (Awarded 2023-2024) The award was determined based on an evaluation process conducted by Five-Star Professional based on objective criteria, during the following periods:
2023 Award - 07/25/2022 - 02/10/2023
2024 Award - 07/25/2023 - 01/21/2024
Securities Agent: TN, NH, MA, AZ, UT, WA, OR, MT, MN, IL, NJ, NC, MO, HI, NV, GA, DC, NY, CO, TX, SC, NM, MD, FL, IN, ID, CA; General Securities Representative; Investment Advisor Representative
NMLS#: 1290632
CA Insurance License #: 0I81140
NMLS#: 1290632
CA Insurance License #: 0I81140
About Jimmy Turner
Jimmy Turner is a Registered Client Service Associate who joined the Bullock Group in 2020 after graduating from the University of California, Irvine. As Captain of UCI’s Men’s soccer team, he led the program to its most successful season in program history, winning its first conference title and Division 1 NCAA playoff appearance. Jimmy also played professional soccer for five seasons, including one internationally, and continues to play recreationally on a team of former collegiate and professional players. In his free time he coaches elite youth players and scouts for a MLS team. In 2024 he coached a Trinity League varsity high school soccer team from its former Division 4 standing to being a Southern Section CIF Division 1 Finalist and CIF Division 1 State Regional Finalist. Jimmy and his wife Leslie reside in Irvine with their Golden Doodle, cat, and son Gunnar.
About Audrey Mandaro
Audrey Mandaro is Series 7 & Series 63 licensed and has been a Private Wealth Associate for a team of financial advisors at Alliance Bernstein in NYC. This native New Yorker has been looking to move to California since graduating from College of the Holy Cross in Worcester, MA, where she played NCAA Division I lacrosse as an athlete scholar. In her free time, Audrey enjoys being outdoors--especially going to the beach. She loves to travel, try local coffee shops and watch professional sports games. Go Knicks! We are absolutely delighted to have Audrey join us and can’t wait for you to meet her.
Contact Gayle Bullock
Contact Kendall Bullock Wear
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
Drew Zager
Managing Director, Private Wealth Management, Private Wealth Advisor
Morgan Stanley Wealth Management Financial Advisers can conduct their business in several ways: individually, as a member of a team of Financial Advisors, or through the formation of a Strategic Partnership with another Financial Advisor or team of Financial Advisors. A Strategic Partnership is an arrangement between a Financial Advisor or a team of Financial Advisors with another Financial Advisor or team of Financial Advisors that has a unique focus or knowledge regarding a specific business concentration, product area, and/or client type. If your account is with an individual Financial Advisor, that Financial Advisor services all facets of your account. If your account is with a Financial Advisor who is a member of a team, any Financial Advisor on the team can service your account. If your Financial Advisor is part of a Strategic Partnership, his or her role in that Strategic Partnership may be limited to a specific business and/or product area and may not cover all facets of your account. The use of the terms “Partner” or “Strategic Partner” and/or “Partnership” or “Strategic Partnership” are used as terms of art and not used to imply or connote any legal relationship.
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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Mosaic
Explore ideas and inspiration with captivating, original lifestyle stories created exclusively for Morgan Stanley clients.
A Change of Greenery
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Ready to start a conversation? Contact The Bullock 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.
3Investors 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.
4Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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.
6Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
7When 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.
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.
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.
3Investors 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.
4Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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.
6Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
7When 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.
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.
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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.
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Awards Disclosures
CRC 6491812 (04/2024), 3582895 (6/2024)
