The Caruso-Colonna Group | Sewickley, PA | Morgan Stanley Wealth Management

Retrieve Your 1099 via MSO

Tariffs Video - March 2025

4327125

Historic Events and Their Impact on Markets

Most Important Lessons for Investors to Learn

October Commentary

January 2025 Updates

WORKING WITH YOU

We lead people on the lifelong journey of accumulating, growing, managing and preserving investment assets; managing them for income throughout retirement; and distributing them in the most efficient way possible after death. We focus upon major aspects of financial planning including budgeting, debt management, insurance & risk, investments, tax, retirement & employer benefits planning and general estate planning strategies review. We interact with our client’s attorneys and CPA’s to help provide a complete review of tax and estate planning matters.

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

Services We Provide

Financial Planning: Goals Analysis, Retirement Income, Debt Analysis, Special Circumstances

Investment Planning: Security Recommendations, Economics, Asset Allocation, Tax Efficient Investing

Wealth Planning: Legacy Planning/Gifting, Family Governance, Charitable Planning

Executive Planning: Incentive Compensation, Stock Options, Concentrated Positions, Stock Monetization

Business Owner Planning: Risk Management, Cash Management, Retirement Benefits, Succession Planning

Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.

Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

Our Procedure

1) Discovery Process - We listen, learn and identify what is important to you and your legacy

2) Develop Strategies - We determine risk and gather data to analyze current investments and create a financial plan

3) Onboarding Meeting - We present and discuss the plan

4) Deployment of Strategies - Focus on asset movement and assign responsibilities

5) Orientation Meeting - Meet and understand the team and "who to contact"

6) Wealth Team Integration - Develop and understand your network, liquidity needs and secondary plans

7) Strategy/Tactical Meetings - Monitor, discuss and recommend adjustments for future transitions

Our Suite of Digital Tools

Digital technology is centered on how people communicate, consume, transact, travel and learn. Our comprehensive suite of digital tools is designed to help enhance every aspect of your financial life. Here are a few of the technologies we have to offer our clients.

Morgan Stanley Online

Morgan Stanley Online (MSO) has a variety of features beyond viewing your account balance and activity that you should take advantage of. They include:

- eAuthorizations, an enhanced way to authorize transactions with one click on Morgan Stanley Online and the Morgan Stanley Mobile App
- Managing your everyday finances such as paying bills online, sending money or transferring funds

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.

eDelivery

eDelivery provides you with the ability to view statements and other Firm documents electronically in lieu of paper. Clients who are registered in Morgan Stanley Online may enroll in eDelivery. Currently, documents available through eDelivery include statements, trade confirmations and prospectuses, general correspondence, selected Internal Revenue Service (IRS) approved tax documents, syndicate offerings, shareholder communications, and portfolio reports.

Digital Vault

Keeping important documents and financial records organized and readily available is one of the best gifts you can give those you love. In the event of catastrophe or serious illness, disability or death, your Family Records Organizer can immediately provide vital, timely information to both your family and professional advisors. The Digital Vault on Morgan Stanley Online and the Mobile App allows you and your clients to build a central, shared document library where all documents are stored using encryption.

Location

2100 Georgetown Dr

Ste 500

Sewickley

,

PA 15143

US

Direct:

(724) 933-1479(724) 933-1479

Toll-Free:

(800) 966-8274(800) 966-8274

Meet The Caruso-Colonna Group

Sandra B Caruso, CFP®

Senior Vice President, Wealth Management, Financial Advisor, Senior Portfolio Management Director

Phone:

(724) 933-1494(724) 933-1494

View My Bio

Keith A Colonna, CFP®

Senior Vice President, Wealth Management, Financial Advisor, Senior Portfolio Management Director

Phone:

(724) 933-1493(724) 933-1493

View My Bio

Keith Colonna, CFP®, CRPS®

Financial Advisor, Financial Planning Specialist

Phone:

(724) 933-1593(724) 933-1593

View My Bio

Sarah DePaoli

Client Service Associate

Phone:

(724) 933-1479(724) 933-1479

View My Bio

About Sandra B Caruso

Sandra began her financial career at Legg Mason Wood Walker in 1995 following a merchandising career comprised of senior corporate procurement and retail management positions. Sandra currently focuses on financial planning, investment research, portfolio management & review, and Group operations management. Sandra earned a BS in Economics in 1978 from Allegheny College and is a CERTIFIED FINANCIAL PLANNER™ Professional. Sandra also possesses Morgan Stanley’s Senior Portfolio Manager and Financial Planning Specialist designations.

In 2022 and 2023, Sandra was named to the Forbes Top Women Wealth Advisors Best-In-State ranking, an achievement that recognizes her and the Caruso-Colonna Group's shared commitment to taking care of their clients. Outside of the office, Sandra is active in her church.

2022-2024 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In- State(formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors)
Source: Forbes.com (Awarded 2022-2024). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.

Securities Agent: NH, AZ, NC, MI, WI, IL, WA, NJ, MA, LA, CA, SC, PA, OR, MT, CO, IN, ID, DC, AK, HI, FL, NY, TX, MS, CT, WV, VA, TN, RI, OH, NM, MO, ME, MD, GA, UT; General Securities Representative; Investment Advisor Representative
NMLS#: 1326762

About Keith A Colonna

Keith A. Colonna Sr. is a Senior Vice President at Morgan Stanley with more than two decades of professional investment management and financial planning experience. He began his financial services career in 2000 with Legg Mason Inc., a large region financial services firm acquired by Morgan Stanley through a series of mergers and acquisitions.

For more than twenty-three years, he has helped clients accumulate, manage, plan, and distribute wealth. Keith and his team focus on the planning and investment needs of high-net-worth individuals, families, and business owners. His primary focus is on equity & economics research, portfolio management, financial planning. and new business development.

In 2011, Keith earned his CERTIFIED FINANCIAL PLANNER™ Professional designation which identifies financial professionals that have committed themselves to an elevated level of financial planning advice, continuing education, and ethical conduct. Keith Sr. also holds Morgan Stanley’s Senior Portfolio Management Director and Financial Planning Specialist designations.

Prior to Morgan Stanley, Keith was engaged in a fourteen-year engineering and manufacturing career holding positions with United States Steel, Crown Holdings, and The Aluminum Company of America. During his industrial career, Keith specialized in engineering and product development related to food and beverage packaging, enabling him to work closely with the world’s largest food and beverage companies.

Keith earned a BS in Mechanical Engineering in 1986 from Grove City College. In addition to his financial certifications, Keith is a licensed Professional Engineer (inactive). Keith serves on his church congregation’s Leadership Council and is a past board President of the Pittsburgh North Regional Chamber of Commerce. Keith also serves as the Parent Board President of Glade Run Lutheran Services, a United Way agency that annually serves more than 4,000 abused and at-risk children & adults with education and therapy needs.

Keith Sr. resides in Cranberry Twp., PA with his wife Ellen. They have two adult children, Keith Colonna Jr. Rachel Ord, and a very spoiled Golden Doodle, Rigby. Keith Sr. enjoys a wide variety of personal interests including photography, art, reading, music, and spending time with his family.

Securities Agent: OR, CA, TN, SC, MS, UT, NC, MD, TX, IL, FL, DC, AK, RI, NH, MT, HI, CO, WI, NM, NJ, WA, OH, VA, PA, ME, MA, LA, IN, IA, WV, NY, MO, GA, CT, AZ, MI, ID; General Securities Representative; Investment Advisor Representative
NMLS#: 1301236

About Keith Colonna

Keith Jr began his financial services career at Morgan Stanley, joining the firm in July 2018 in our Financial Advisor Associate program. He successfully completed his securities licensing exams ahead of schedule while still working full time within his prior career in the human services field. Keith Jr. focuses upon new business development, goals-based financial planning and client service. Keith Jr. is a 2014 graduate of Edinboro University of Pennsylvania with a Bachelor of Arts in Criminal Justice. He is an avid outdoorsman and experienced martial arts student having earned a third degree black belt in Korean Taekwondo. Keith Jr. is a member of the Pittsburgh North Chamber of Commerce, several outdoors organizations, and he is active in his church.

Securities Agent: MO, IA, WI, WA, MT, CT, CA, AK, PA, MI, MD, AZ, UT, RI, ME, FL, NM, NC, MN, WV, NY, HI, VA, NJ, DC, CO, AL, SC, OR, IL, TX, TN, NH, MS, MA, GA, OH, IN, ID, LA; General Securities Representative; Investment Advisor Representative
NMLS#: 1827765

About Sarah DePaoli

Sarah joined the Caruso-Colonna Group in April 2022. She possesses twelve years of experience in the Financial Services Industry, having spent the previous ten years of her career supporting multiple advisor teams at Ameriprise Financial, LLC.
Sarah graduated in 2008 from La Roche College with a Bachelor of Science degree in Communication, Media and Technology, with a focus in Professional Writing.

Sarah resides in Adams Township, PA with her husband, two daughters and her Portuguese Water Dog. She enjoys watching hockey games, participating in outdoor activities, and spending time with her family.

Hear from Our Clients

We appreciate the dedicated and professional relationship we share with Keith since 2008. Keith uses an individual stock selection process vs. investment product allocation to analyze key stock price factors thoroughly before presenting as a portfolio potential. His “buy & hold” vs. trade philosophy focuses on growth/dividend appreciation for a total return. An excellent writer, we anticipate his monthly letter which combines historical activity with the perspective moving forward.

Scott and Jo

Verified Client

June 12, 2023

My wife and I hold several accounts with Morgan Stanley. This has been a generational thing for us; after seeing my father’s accounts handled so well and professionally, leaving him a very comfortable man who lived 35 years past his retirement date without a financial concern. We are very happy with the service from Sandy Caruso, and over the years moved several investments held elsewhere to Morgan Stanley because of the expert, personal service we have received in handling our investments.

Richard and Kathleen

Verified Client

June 14, 2023

Testimonial(s) solicited by Morgan Stanley and provided by current client(s) at the time of publication. No compensation of any kind was provided in exchange for the client testimonial(s) presented. Client testimonials may not be representative of the experience of other clients and are not a guarantee of future performance or success.

3846129 9/24

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

Joshua Gilbert

Private Banker

View My Bio

About Joshua Gilbert

Joshua Gilbert is a Private Banker serving Morgan Stanley’s Wealth Management offices in Ohio.

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.

Joshua began his career in financial services in 2001 and joined Morgan Stanley in 2018. Prior to joining the firm, he served as a Business Banking Client Manager at U.S. Bank. He also held numerous roles with progressive responsibilities at JPMorgan Chase Bank, where he notably served as a Branch Manager.

Joshua currently resides in Cincinnati, Ohio. Outside of the office, Joshua dedicates his time to various civic organizations focused on fostering the well-being of others, such as Lighthouse Youth & Family Services, and the Freestore Foodbank. In his spare time, Joshua enjoys traveling, hiking, skiing, and staying healthy and active.

NMLS#: 427087

About Tyson Abert

Tyson R. Abert is a Senior Private Banker serving Morgan Stanley Wealth Management offices in Wisconsin, Northern Ohio and Western Pennsylvania.

Senior 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.

Tyson began his career in financial services in 2004, and joined Morgan Stanley in 2018. Prior to joining the firm, he served as a Business Development Manager and a Senior Relationship Manager at Wells Fargo’s Commercial Banking Services.

Tyson is a graduate of Illinois State University where he received a Bachelor of Science degree in Finance and Accounting, and Lake Forest Graduate School of Management where he received a Master of Business Administration. He and his family currently reside right outside Milwaukee, Wisconsin. Outside of the office, Tyson enjoys golfing, hunting, boating, fishing, and spending time with his family.

NMLS#: 362127

Wealth Management

From Our Team

Caruso-Colonna Group April 2025 Newsletter Supplement - Tariffs Edition

View All Documents

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

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.

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

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

Taking Control of Your Finances After Death of a Spouse

Financial planning after a divorce or death can be trying, but with the right approach and the right advice you can turn a difficult situation into empowerment.

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

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

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.

Ready to start a conversation? Contact The Caruso-Colonna 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 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.

For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.

²Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.

³Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

⁴Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.

⁵When 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.

⁶Morgan 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.

⁷Morgan 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.

⁸Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

⁹Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

¹⁰When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.