International Client Advisor, Managing Director, Private Wealth Management, Senior Institutional Consultant
Morgan Stanley Private Wealth Management
The Carvalho-Yates Group
Direct:
(305) 376-8559(305) 376-8559
Our Mission Statement
We use our combined 50+ years of industry experience to deliver timely and prudent solutions to our sophisticated investors.
The Carvalho-Yates Group at Morgan Stanley PWM
As Morgan Stanley Private Wealth Advisors, we combine our own talents and experience with the vast resources of a global financial services firm to address the planning, governance, liability management and investing needs of ultra high net worth families, their businesses and philanthropic enterprises. We take a holistic approach that is grounded in investment strategy, but covers virtually every aspect of your financial life: risk management, liabilities, trusts and estate structures and even family dynamics and lifestyle management issues. Our goal is to help preserve and grow your financial, family and social capital so that it can have the greatest positive impact today and for generations to come.
Our team actively works with wealthy families, non-profit institutions, corporations and insurance companies around the world who have over $10 million (USD) in investable assets to help efficiently allocate that capital to best in class management solutions. We deliver the whole firm to help ensure a custom solution that will serve each clients unique goals and requirements.
We serve our clients by:
- Providing objectivity, independence, choice and transparency in each investment solution that we recommend.
- Maintaining absolute discretion in all of your affairs.
- Answering the phone and being proactive when the markets experience profound volatility.
- Educating them so that they understand our process and each investment product. We will not hide behind jargon.
- Working with professionals in the ancillary but crucial areas that can impact the portfolio such as credit, trust/estate, and tax planning strategies.
- Viewing their capital as irreplaceable.
We look forward to learning more about you and your family, and discussing the resources we can place at your disposal.
Capabilities
- Pre-Liquidity Planning
- Investment Management
- Tax, Trust & Estate AdvisoryFootnote1
- Hedging Strategies
- Comprehensive Wealth Planning
- Tailored LendingFootnote2
- Corporate Stock Plans
- Risk Management
- Asset AllocationFootnote3
- Philanthropy Management
- Proprietary Investment Opportunities
- Retirement & Pension Plans
- Family Governance & Wealth Education
- Consolidated Reporting
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
About PWM
Founded in 1977, Private Wealth Management is the division of Morgan Stanley Wealth Management that is dedicated to serving the firm’s most affluent clients, including some of the world’s most accomplished entrepreneurs, executives and stewards of multigenerational wealth. Functioning as an exclusive investment boutique within a global financial firm, we deliver sophisticated solutions that leverage the intellectual capital and insight of Morgan Stanley’s substantial global resources. Drawing on a deep understanding of your financial life, our goal is to help you:
- Manage investments with an unwavering focus on your financial strategy and personal goals
- Create comprehensive, multigenerational wealth management plans based on your needs, challenges and the values that guide your life and legacy
- Simplify financial complexity to help you achieve clarity and control
Private Wealth Management Highlights
- Approximately 300 teams1 specialized in assisting individuals and families with $20MM+ in investable assets
- Over $775 billion in AUM1
- Comprising 25% of the Barron’s Top 100 Financial Advisors list for 2023
- Direct access to ultra high net worth experts in philanthropy, family dynamics, wealth transfer, lifestyle advisory and other areas of interest to ultra high net worth families
1 Morgan Stanley Wealth Management, December, 2023
Source: Barron's.com (April 2023) 2023 Barron's Top 100 Financial Advisors awarded in 2023. This ranking was determined based on an evaluation process conducted by Barron's during the period from Dec 2020 - Dec 2021. Neither Morgan Stanley Smith Barney LLC nor its Financial Advisors or Private Wealth Advisors paid a fee to Barron's to obtain or use the ranking. This ranking is based on in-person and telephone due diligence meetings to evaluate each advisor qualitatively, a major component of a ranking algorithm that includes client retention, industry experience, review of compliance records, firm nominations, and quantitative criteria, including assets under management and revenue generated for their firms. Investment performance is not a criterion. Rankings are based on the opinions of Barron's and this ranking may not be representative of any one client’s experience. This ranking is not indicative of the Financial Advisor’s future performance. Morgan Stanley Smith Barney LLC is not affiliated with Barron's. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved.
Our Clients
We help people just like you, in various stages of life.
We understand that your specific circumstances may require unique solutions. No problem: we’ll work with you individually to develop detailed wealth plans and thoughtful strategies.
We understand that your specific circumstances may require unique solutions. No problem: we’ll work with you individually to develop detailed wealth plans and thoughtful strategies.
Our satisfied clients include:
- Business Owners (including family businesses)
- Corporate executives
- Ultra High Net Worth Investors
- Mid-Career Professionals and Their Families
- Non-Profit Organizations
- Investors near or In Retirement
Approach
Discovery Process
Investing the time to learn about you and your family; your assets and liabilities and the risk exposures, enables us to formulate strategies and customize the relationship to your needs.
Formulation of Tax, Trust and Estate Strategy
Working with your tax and legal advisors, we help analyze your income and estate tax circumstances to identify and tailor planning techniques that may be used to address your objectives.
Creation of Customized Strategic Asset Allocation
Your customized asset allocation reflects risk, opportunities and taxation across multiple entities, while integrating your investing and estate plans.
Integration of Tactical Asset Allocation
Short-term adjustments seek to capitalize on temporary market distortions. Before making adjustments, we analyze the impact of taxes and trading costs on potential returns.
Implementation of a Customized Wealth Strategy
After comprehensive due diligence and analysis of expected results across multiple market scenarios, strategies are chosen from our expansive investment platform.
Ongoing Assessment
In coordination with your other advisors, we can conduct ongoing reviews and comprehensive reporting to ensure that your strategy adapts to changing financial and family needs.
Working With You
Our work with you starts with one or more in-depth, exploratory meetings. We need to understand your unique financial situation so we can offer you the best possible advice and solutions.
When you work with us, you can expect us to:
- Develop a comprehensive financial strategy based on your individual needs
- Substitute discipline for emotion in the investment process
- Adjust your holdings in response to new opportunities and risks
- Maintain strict financial objectivity
- Substitute discipline for emotion in the investment process
- Adjust your holdings in response to new opportunities and risks
- Maintain strict financial objectivity
We can also coordinate our work with other key members of your financial team, including your:
- Tax specialist
- Trust attorney
- Insurance professional
- Family office
- Trust attorney
- Insurance professional
- Family office
Location
200 S Biscayne Blvd
14th Floor
Miami, FL 33131
US
Direct:
(305) 376-8559(305) 376-8559
Fax:
(404) 814-4391(404) 814-4391
3280 Peachtree Road NE
Ste 1400
Atlanta, GA 30305
US
Direct:
(404) 949-4208(404) 949-4208
Meet The Carvalho-Yates Group
International Client Advisor, Managing Director, Private Wealth Management, Senior Institutional Consultant
Phone:
(404) 949-4206(404) 949-4206
Kimberly Garland
Assistant Vice President, Private Wealth Management Associate
Phone:
(404) 949-4208(404) 949-4208
Aymara C. Salazar
Business Development Associate
Phone:
(305) 376-8559(305) 376-8559
Erika Carlson
Client Service Associate
Phone:
(404) 949-4207(404) 949-4207
About Jack Carvalho
Jack Carvalho
Managing Director, Private Wealth Advisor
Jack Carvalho has over 29 years of investment industry experience across three distinct banking verticals: Public Finance, Institutional Fixed Income Sales& Trading, and Private Wealth Management. Jack focuses on Asset Allocation, Fixed Income strategy and execution, Capital Markets trading, and Hedging. He holds Alternative Investment Director, Senior Institutional Consultant and International Client Advisor designations. He is currently a Member of the American Economics Association, the Southern Institute for International Studies and the Investments & Wealth Institute.
On the philanthropic front, Jack has established three major scholarship endowments for first generation college students, like himself, for his Alma maters. At the University of Massachusetts Boston he established the Roger Feinstein fund for first generation undergraduate students and the Winston Langley fund for students in the McCormick Graduate School of Government. At the University of Alabama, he established the John E. Gann fund for first generation undergraduate students in business at the Culverhouse School of Business. Jack is also the largest donor to the University of Massachusetts Boston Lacrosse program.
Jack received his B.A. from the University of Massachusetts Boston and an M.B.A. from the Manderson Graduate School of Business at the University of Alabama. He currently resides with his family in Downtown Miami.
Managing Director, Private Wealth Advisor
Jack Carvalho has over 29 years of investment industry experience across three distinct banking verticals: Public Finance, Institutional Fixed Income Sales& Trading, and Private Wealth Management. Jack focuses on Asset Allocation, Fixed Income strategy and execution, Capital Markets trading, and Hedging. He holds Alternative Investment Director, Senior Institutional Consultant and International Client Advisor designations. He is currently a Member of the American Economics Association, the Southern Institute for International Studies and the Investments & Wealth Institute.
On the philanthropic front, Jack has established three major scholarship endowments for first generation college students, like himself, for his Alma maters. At the University of Massachusetts Boston he established the Roger Feinstein fund for first generation undergraduate students and the Winston Langley fund for students in the McCormick Graduate School of Government. At the University of Alabama, he established the John E. Gann fund for first generation undergraduate students in business at the Culverhouse School of Business. Jack is also the largest donor to the University of Massachusetts Boston Lacrosse program.
Jack received his B.A. from the University of Massachusetts Boston and an M.B.A. from the Manderson Graduate School of Business at the University of Alabama. He currently resides with his family in Downtown Miami.
Securities Agent: AR, AL, VA, OH, IL, NV, CT, FL, WV, PA, NJ, MS, TN, NC, TX, MD, KY, MT, LA, WI, PR, GA, NY, DE, CO, CA, WY, UT, SC, DC; General Securities Representative; Investment Advisor Representative
NMLS#: 1646402
NMLS#: 1646402
About Whit Yates
Whit Yates
Managing Director, Private Wealth Advisor
Whit Yates has over 24 years of experience working with sophisticated investors. Whit is heavily involved in Asset Allocation and has extensive knowledge in monetizing and hedging concentrated equity positions. He is both a Senior Institutional Consultant and International Client Advisor.
Prior to joining Morgan Stanley in 2017, Whit was a MD at Jefferies & Co. Whit began his career in banking at Donaldson, Lufkin & Jennrette and worked as an Executive Compensation Consultant at Ernst & Young, LLP. He was named one of “Barron’s Top 1200 Advisors” by Barron’s Magazine in 2012.
Whit holds a PhD in Business from Georgia State University and has a B.A. and M.B.A. from the University of Georgia. His Doctoral Dissertation is titled “Advisory Firm Employee Ownership and Performance in Separately Managed Accounts”. Whit was also a Post Graduate Fellow at Oxford University. He lives in Atlanta, GA with his family.
"Barron's Top 1,000 Financial Advisors: State-by-State
Source: Barron's.com (Awarded Feb 2012) Data compiled by Barron's based on time period from Sept 2010 - Sept 2011."
Managing Director, Private Wealth Advisor
Whit Yates has over 24 years of experience working with sophisticated investors. Whit is heavily involved in Asset Allocation and has extensive knowledge in monetizing and hedging concentrated equity positions. He is both a Senior Institutional Consultant and International Client Advisor.
Prior to joining Morgan Stanley in 2017, Whit was a MD at Jefferies & Co. Whit began his career in banking at Donaldson, Lufkin & Jennrette and worked as an Executive Compensation Consultant at Ernst & Young, LLP. He was named one of “Barron’s Top 1200 Advisors” by Barron’s Magazine in 2012.
Whit holds a PhD in Business from Georgia State University and has a B.A. and M.B.A. from the University of Georgia. His Doctoral Dissertation is titled “Advisory Firm Employee Ownership and Performance in Separately Managed Accounts”. Whit was also a Post Graduate Fellow at Oxford University. He lives in Atlanta, GA with his family.
"Barron's Top 1,000 Financial Advisors: State-by-State
Source: Barron's.com (Awarded Feb 2012) Data compiled by Barron's based on time period from Sept 2010 - Sept 2011."
Securities Agent: PA, MI, LA, GA, UT, TX, MS, MD, AR, NC, CA, SC, NY, NJ, CT, AL, VA, MT, DE, WY, WV, TN, FL, CO, PR, NV, IL, OH, KY, DC, WI; General Securities Representative; Investment Advisor Representative
NMLS#: 1646403
NMLS#: 1646403
About Kimberly Garland
Kim Garland joined Morgan Stanley in 2017 and has over 25 years of experience in the financial services industry. Instrumental in the daily operations and management of The Carvalho/Yates Group, Kim serves as the team's COO. She is responsible for ensuring business operations are efficient and effective, developing and executing strategic business plans, relationship management and strengthening firm relationships. She works collaboratively with the team’s financial advisors to provide the highest quality of individualized service to key clients. Her responsibilities include managing trading platforms across a broad range of securities products, performance reporting and implementing strategy.
Kim has been with The Carvalho/Yates Group since 2001. She began her career in financial services at Merrill Lynch working with Employee Stock Purchase Plans and Executive Stock Option Plans for Fortune 500 companies. Kim holds a Bachelor of Arts degree from the University of Florida. She is registered with FINRA and SEC with Series 7, 63, and 65 registrations.
Kim has been with The Carvalho/Yates Group since 2001. She began her career in financial services at Merrill Lynch working with Employee Stock Purchase Plans and Executive Stock Option Plans for Fortune 500 companies. Kim holds a Bachelor of Arts degree from the University of Florida. She is registered with FINRA and SEC with Series 7, 63, and 65 registrations.
About Aymara C. Salazar
A Florida International University triple major graduate, Aymara entered the financial services industry in 2019. During the course of her studies, she mastered the concepts of Foreign Investments with an International Business, Supply Chain Management and International Marketing dual-degree, and a focus on delivering personalized service through her operational background in the supply chain solutions industry.
Aymara began her career at Morgan Stanley within the Operations division, allowing her to gain a deep understanding of the day-to-day service operations of the business, and enabling her to anticipate and address our client's needs in an accurate, timely manner. She joined The Carvalho-Yates team in 2020 with a primary focus on building relationships with new clients and becoming a first point of contact with prospects and potential new business.
Born and raised in Venezuela, Aymara is fluent in Spanish, English and Intermediate in Portuguese. She spends her spare time practicing challenging aerial arts, and finding interesting, nutritious ways to recreate fast foods into healthier versions. She is registered with FINRA and SEC with Series 7 and 66 registrations.
Aymara began her career at Morgan Stanley within the Operations division, allowing her to gain a deep understanding of the day-to-day service operations of the business, and enabling her to anticipate and address our client's needs in an accurate, timely manner. She joined The Carvalho-Yates team in 2020 with a primary focus on building relationships with new clients and becoming a first point of contact with prospects and potential new business.
Born and raised in Venezuela, Aymara is fluent in Spanish, English and Intermediate in Portuguese. She spends her spare time practicing challenging aerial arts, and finding interesting, nutritious ways to recreate fast foods into healthier versions. She is registered with FINRA and SEC with Series 7 and 66 registrations.
About Erika Carlson
Erika Carlson joined Morgan Stanley in 2023 and is a Client Service Associate with The Carvalho-Yates Group. Her primary focus is on providing first-class client service and strategic operational and administrative support to the group's clients. She is the first point of contact for many client questions, opens and monitors new and managed accounts and handles administrative and operational matters.
Prior to joining The Carvalho/Yates Group, Erika was with Northwestern Mutual and has over thirteen years of experience in the financial services industry.
Erika holds a Bachelor of Science degree from the Florida State University. She is registered with FINRA and SEC with Series 6 and 63 registrations.
Prior to joining The Carvalho/Yates Group, Erika was with Northwestern Mutual and has over thirteen years of experience in the financial services industry.
Erika holds a Bachelor of Science degree from the Florida State University. She is registered with FINRA and SEC with Series 6 and 63 registrations.
Contact Jack Carvalho
Contact Whit Yates
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
Brian Ford
Private Banker
Frank Rivera
Associate Private Banker
About Brian Ford
NMLS# 687710
Brian Ford is a Private Banker serving Morgan Stanley Wealth Management offices in Georgia.
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.
Brian Ford began his career in financial services in 2006, and joined Morgan Stanley in 2015 as an Associate Private Banker. Prior to joining the firm, he served as a Regional Private Banker at Wells Fargo, as well as a Financial Advisor at Ameriprise Financial.
Brian is a graduate of the Georgia Institute of Technology, where he received a Bachelor of Science in Management. He and his family reside in Cumming, Georgia. Outside of the office, Brian dedicates his time to developing future leaders in youth athletics, serving as a Coach on his children’s baseball teams. When not on the field, he also enjoys running, traveling, watching sports, and spending time with his family.
Brian Ford is a Private Banker serving Morgan Stanley Wealth Management offices in Georgia.
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.
Brian Ford began his career in financial services in 2006, and joined Morgan Stanley in 2015 as an Associate Private Banker. Prior to joining the firm, he served as a Regional Private Banker at Wells Fargo, as well as a Financial Advisor at Ameriprise Financial.
Brian is a graduate of the Georgia Institute of Technology, where he received a Bachelor of Science in Management. He and his family reside in Cumming, Georgia. Outside of the office, Brian dedicates his time to developing future leaders in youth athletics, serving as a Coach on his children’s baseball teams. When not on the field, he also enjoys running, traveling, watching sports, and spending time with his family.
NMLS#: 687710
About Frank Rivera
Frank Rivera is an Associate Private Banker serving Morgan Stanley Wealth Management offices in Florida.
Associate Private Bankers partner with Private Bankers and 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.
Frank began his career in financial services in 2001, and joined Morgan Stanley in 2016. Prior to joining the firm, he was a Mortgage Consultant at PHH Mortgage.
Frank lives in South Florida. Outside of the office, he dedicates his time to giving back to the community by actively participating in philanthropic initiatives. In his personal time, Frank enjoys wine tasting, gastronomy and traveling.
Associate Private Bankers partner with Private Bankers and 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.
Frank began his career in financial services in 2001, and joined Morgan Stanley in 2016. Prior to joining the firm, he was a Mortgage Consultant at PHH Mortgage.
Frank lives in South Florida. Outside of the office, he dedicates his time to giving back to the community by actively participating in philanthropic initiatives. In his personal time, Frank enjoys wine tasting, gastronomy and traveling.
NMLS#: 223230
Wealth Management
Global Investment Office
Portfolio Insights
Private Wealth Management Podcast
Bringing you engaging stories and key insights surrounding the complexities associated with significant wealth, including:
- Intergenerational Planning
- Philanthropic Giving
- Non-Traditional Assets
- Managing Family Wealth
LISTEN | Passion Assets: Investing in Art
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Managing Significant Wealth
- Investment Management
- Wealth Transfer & Philanthropy
- Cash Management & Lending
- Family Governance & Wealth Education
- Lifestyle Advisory
- Business Services
Funding Climate Action: Pathways for Philanthropy
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Insights and Outcomes
Thought Leadership for our ultra high net worth clients, which contains thought-provoking articles, authored by leading experts from Morgan Stanley Family Office Resources.
We look forward to discussing your needs and goals, and the exceptional resources we can place at your disposal.
1Morgan Stanley Smith Barney LLC and its affiliates and their employees (including Financial Advisors and Private Wealth Advisors) are not in the business of providing tax or legal advice. These materials and any statements contained herein should not be construed as tax or legal advice. Individuals should consult their personal tax advisor or attorney for matters involving taxation and tax planning and their attorney for matters involving personal trusts and estate planning.
2Tailored Lending is a loan/line of credit product offered by Morgan Stanley Private Bank, National Association, an affiliate of Morgan Stanley Smith Barney LLC. A Tailored Lending credit facility may be a committed or demand loan/line of credit. All Tailored Lending loans/lines of credit are subject to the underwriting standards and independent approval of Morgan Stanley Private Bank, National Association. Tailored Lending loans/lines of credit may not be available in all locations. Rates, terms, and programs are subject to change without notice. Other restrictions may apply. The information contained herein should not be construed as a commitment to lend. Morgan Stanley Private Bank, National Association is a Member FDIC that is primarily regulated by the Office of the Comptroller of the Currency. The proceeds from a Tailored Lending loan/line of credit (including draws and other advances) may not be used to purchase, trade, or carry margin stock; repay margin debt that was used to purchase, trade, or carry margin stock; and cannot be deposited into a Morgan Stanley Smith Barney LLC or other brokerage account.
3Asset Allocation does not assure a profit or protect against loss in declining financial markets.
Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
The securities/instruments, investments and investment strategies discussed on this website may not be suitable for all investors. The appropriateness of a particular investment or investment strategy will depend on an investor's individual circumstances and objectives. The views and opinions expressed on this website may not necessarily reflect those of Morgan Stanley Smith Barney LLC (“Morgan Stanley”). This website and its associated content are intended for U.S. residents only.
Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice. Visitors to this website should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
Morgan Stanley Private Wealth Advisers may only transact business in states where they are registered or excluded or exempted from registration. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Morgan Stanley Private Wealth Advisers are not registered or excluded or exempt from registration.
See the Financial Advisors Biographies for Registration and Licensing information.
Certified Financial Planner™ Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with flame logo)® in the U.S., which it awards to individuals who successfully complete CFP® Board's initial and ongoing certification requirements.
Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.
Lifestyle Advisory Services: Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Private Bankers are employees of Morgan Stanley Private Bank, National Association.
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
Awards Disclosures
2Tailored Lending is a loan/line of credit product offered by Morgan Stanley Private Bank, National Association, an affiliate of Morgan Stanley Smith Barney LLC. A Tailored Lending credit facility may be a committed or demand loan/line of credit. All Tailored Lending loans/lines of credit are subject to the underwriting standards and independent approval of Morgan Stanley Private Bank, National Association. Tailored Lending loans/lines of credit may not be available in all locations. Rates, terms, and programs are subject to change without notice. Other restrictions may apply. The information contained herein should not be construed as a commitment to lend. Morgan Stanley Private Bank, National Association is a Member FDIC that is primarily regulated by the Office of the Comptroller of the Currency. The proceeds from a Tailored Lending loan/line of credit (including draws and other advances) may not be used to purchase, trade, or carry margin stock; repay margin debt that was used to purchase, trade, or carry margin stock; and cannot be deposited into a Morgan Stanley Smith Barney LLC or other brokerage account.
3Asset Allocation does not assure a profit or protect against loss in declining financial markets.
Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
The securities/instruments, investments and investment strategies discussed on this website may not be suitable for all investors. The appropriateness of a particular investment or investment strategy will depend on an investor's individual circumstances and objectives. The views and opinions expressed on this website may not necessarily reflect those of Morgan Stanley Smith Barney LLC (“Morgan Stanley”). This website and its associated content are intended for U.S. residents only.
Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice. Visitors to this website should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
Morgan Stanley Private Wealth Advisers may only transact business in states where they are registered or excluded or exempted from registration. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Morgan Stanley Private Wealth Advisers are not registered or excluded or exempt from registration.
See the Financial Advisors Biographies for Registration and Licensing information.
Certified Financial Planner™ Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with flame logo)® in the U.S., which it awards to individuals who successfully complete CFP® Board's initial and ongoing certification requirements.
Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.
Lifestyle Advisory Services: Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Private Bankers are employees of Morgan Stanley Private Bank, National Association.
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
Awards Disclosures
CRC 6295606 (3/2024)
