Felicia G Di Silvestro
Senior Vice President, Wealth Management, Financial Advisor, Senior Investment Management Consultant, Alternative Investments Director, Lending Specialist
Phone:
(312) 648-3441(312) 648-3441
The Chicago Cornerstone Group at Morgan Stanley
Direct:
(312) 648-3441(312) 648-3441
Our Mission Statement
To be your cornerstone by helping you achieve your life goals through our extensive experience and diverse backgrounds, the highest level of personalized service, custom-tailored financial planning and comprehensive investment solutions.
Welcome
As the cornerstone represents the fundamental starting place on which something is constructed or developed, we believe this represents our comprehensive approach to wealth management.
As your cornerstone, we will continue to build upon your established plan, or work with you to create one, to help ensure the most efficient paths to achieve your goals.
For over 20 years, we’ve established long-lasting client relationships built on a cornerstone of integrity and trust and have empowered clients to make more informed decisions that further their best interests, leaving them feeling relieved, confident and self-assured.
As your cornerstone, we will continue to build upon your established plan, or work with you to create one, to help ensure the most efficient paths to achieve your goals.
For over 20 years, we’ve established long-lasting client relationships built on a cornerstone of integrity and trust and have empowered clients to make more informed decisions that further their best interests, leaving them feeling relieved, confident and self-assured.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Our Standard of Care
Empowering You
Whether you are widowed, divorced, single or the major earner in your family and feel a little overwhelmed with the management of your finances, you’ve come to the right place! We take a highly personalized approach with every client, helping educate along the way, empowering you to make more informed decisions that further your best interests, leaving you feeling relieved, confident and self-assured. We presently are accepting new clients, so please contact us today!
In the meantime, we’ve listed some of the specific planning we do for our female clients, along with some resources to help you get started.
In the meantime, we’ve listed some of the specific planning we do for our female clients, along with some resources to help you get started.
Women & Wealth Video: A Financial Roadmap for Women
Ongoing Financial Education for Women
Playbook: A Woman's Guide to Life & Money
Retirement Planning
Women and Wealth: Planning for Your Financial Future
Philanthropic Planning for Women
Tax-Savvy Ways to Give Back
Planning for Children & Grandchildren
529 Plans: A Powerful Tool to Save for Education Expenses
Widowhood & Women’s Financial Planning
Thinking About Your Legacy? Why You May Need a Trust
Spousal Incapacity & Your Investments
The State of Your Parent's Estate
Financial Care for Aging Parents
Elder Care Planning Checklist
Financial Planning After Inheritance Event
You’ve Been Named Executor of a Parent’s Will. Now What?
Divorce Planning
Additional Resources
Women & Retirement Seminar Invitation
Please join us for dinner and an informative conversation about Women and Retirement where we will discuss
the four most important things every woman needs to know and consider when planning for retirement. This will
be an interactive session and you will have the opportunity to ask questions throughout the evening.
Learn More Herethe four most important things every woman needs to know and consider when planning for retirement. This will
be an interactive session and you will have the opportunity to ask questions throughout the evening.
Recognition For Our Work
The Chicago Cornerstone Group goes above and beyond to deliver outstanding service for our clients. Our dedication and hard work has led us to be recognized by the following organizations:
Felicia G. Di Silvestro
•Five Star Wealth Manager Award, 2021 - 2023
•Forbes Top Women Wealth Advisors Best-In-State, 2023-2025
•Forbes Best-In-State Wealth Advisors, 2024
•Forbes/SHOOK Top Women Advisor, 2020-2025
2021-2023 Five Star Wealth Manager Award
Source: fivestarprofessional.com (2021-2023) These awards were determined based on an evaluation process conducted by Five-Star Professional, based on objective criteria, during the following periods:
2021 Award - 12/28/20 - 8/6/21
2022 Award - 1/24/22 - 7/29/22
2023 Award - 1/9/23 - 7/31/23
2020-2025 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 2020-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
2024 Forbes America's Top Wealth Advisors & Best-In-State Wealth Advisors
Source: Forbes.com (Awarded April 2024) Data compiled by SHOOK Research LLC based on time period from 6/30/22 - 6/30/23.
•Forbes Top Women Wealth Advisors Best-In-State, 2023-2025
•Forbes Best-In-State Wealth Advisors, 2024
•Forbes/SHOOK Top Women Advisor, 2020-2025
2021-2023 Five Star Wealth Manager Award
Source: fivestarprofessional.com (2021-2023) These awards were determined based on an evaluation process conducted by Five-Star Professional, based on objective criteria, during the following periods:
2021 Award - 12/28/20 - 8/6/21
2022 Award - 1/24/22 - 7/29/22
2023 Award - 1/9/23 - 7/31/23
2020-2025 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 2020-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
2024 Forbes America's Top Wealth Advisors & Best-In-State Wealth Advisors
Source: Forbes.com (Awarded April 2024) Data compiled by SHOOK Research LLC based on time period from 6/30/22 - 6/30/23.
John A, Mele, Jr
•Five Star Wealth Manager Award, 2021 - 2023
•Morgan Stanley's Pacesetter's Club, 2017 – 2021
2021-2023 Five Star Wealth Manager Award
Source: fivestarprofessional.com (2021-2023) These awards were determined based on an evaluation process conducted by Five-Star Professional, based on objective criteria, during the following periods:
2021 Award - 12/28/20 - 8/6/21
2022 Award - 1/24/22 - 7/29/22
2023 Award - 1/9/23 - 7/31/23
•Morgan Stanley's Pacesetter's Club, 2017 – 2021
2021-2023 Five Star Wealth Manager Award
Source: fivestarprofessional.com (2021-2023) These awards were determined based on an evaluation process conducted by Five-Star Professional, based on objective criteria, during the following periods:
2021 Award - 12/28/20 - 8/6/21
2022 Award - 1/24/22 - 7/29/22
2023 Award - 1/9/23 - 7/31/23
Sourcing Innovative Strategies For Our Clients
Felicia Di Silvestro is currently recognized as an Alternative Investments Director by Morgan Stanley. The Alternative Investments Director designation was developed for Financial Advisors who meet the minimum criteria requirements and have significantly incorporated alternative investments into their practice. With this designation, Felicia can provide clients with further guidance, insights and thought leadership about the alternative investments asset class and strategies provided by Morgan Stanley Wealth Management.
Below you will find an overview of our Alternative Investment capabilities. If you would like to learn more, please contact us.
Below you will find an overview of our Alternative Investment capabilities. If you would like to learn more, please contact us.
Private Credit
Direct lending may provide investors with higher returns and lower volatility versus traditional fixed income investments, and may offer an attractive option for investors who are able to bear the associated illiquidity and other risks.
Learn More
Private Equity
Private equity refers to investment opportunities, generally in privately held companies, that are not available through traditional public markets. Private equity may offer both attractive long-term return potential and the opportunity for diversification through historically low correlation to traditional strategies.
Learn More
Private Real Estate
Private real estate is an investment in the active management of institutional quality real estate properties for the purpose of generating current income and/or long-term appreciation.
Learn More
Exchange Funds
Exchange funds are tax-smart alternative investments that enable qualified investors to diversify concentrated shares by swapping them for fund shares without triggering a taxable event.
Learn More
1031 Exchanges
Named after section 1031 of the U.S. Internal Revenue Code, a 1031 exchange is a procedure that allows an owner of appreciated real estate to exchange that property for an alternative “like-kind” property while deferring capital gains.
Learn More
Tax-Aware Solutions
Small reductions in taxes can have large consequences for
wealth accumulation. Optimizing taxes in your investment process can help you increase portfolio returns and achieve your goals faster.
Learn Morewealth accumulation. Optimizing taxes in your investment process can help you increase portfolio returns and achieve your goals faster.
Why Alternatives, and Why Now?
Alternative investments describe a spectrum of strategies that cannot be accessed through traditional fixed income and equity markets. These strategies have the potential to help lower volatility and increase diversification in clients’ portfolios. The power of alternative investments derives from their versatility to offer innovative strategies that align with sophisticated investors’ financial goals.
Learn MoreLocation
227 West Monroe St
Suite 3400
Chicago, IL 60606
US
Direct:
(312) 648-3441(312) 648-3441
Fax:
(312) 648-3344(312) 648-3344
Meet The Chicago Cornerstone Group
John Anthony Mele Jr., CFP®, CFA, CDFA®
Vice President, Wealth Management, Financial Advisor, Alternative Investments Director, Family Wealth Advisor
Phone:
(312) 648-3412(312) 648-3412
About Felicia G Di Silvestro
Felicia has been a Financial Advisor with Morgan Stanley since 1998. She is dedicated to building, managing and preserving wealth through objective, custom investment strategies tailored to clients’ individual needs and goals.
Felicia graduated from Miami University with a B.S. in finance and received a law degree from DePaul University College of Law. She is a member of the Semester at Sea Alumni Council, the Women’s Bar Association of Illinois, University of Chicago Women’s Board, Institute of Shipboard Education - Investment Committee and was a founding member of the State of Illinois Treasurer’s Advisory Board for Women’s Issues.
Felicia has been recognized in Forbes/SHOOK Top Women Wealth Advisor 2020-2025; and named to the Forbes Top Women Wealth Advisors Best in State list from 2023-2025.
Felicia enjoys spending time with her husband, Bob, and daughter, Carla. They enjoy traveling, biking and tennis.
•2020-2025 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 2020-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
Felicia graduated from Miami University with a B.S. in finance and received a law degree from DePaul University College of Law. She is a member of the Semester at Sea Alumni Council, the Women’s Bar Association of Illinois, University of Chicago Women’s Board, Institute of Shipboard Education - Investment Committee and was a founding member of the State of Illinois Treasurer’s Advisory Board for Women’s Issues.
Felicia has been recognized in Forbes/SHOOK Top Women Wealth Advisor 2020-2025; and named to the Forbes Top Women Wealth Advisors Best in State list from 2023-2025.
Felicia enjoys spending time with her husband, Bob, and daughter, Carla. They enjoy traveling, biking and tennis.
•2020-2025 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 2020-2025). 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: NV, IA, WY, KS, IL, GA, FL, AZ, WI, SC, OH, NE, AR, NJ, NC, MI, DC, WA, OR, OK, ME, TX, PA, NY, MO, DE, CO, MD, CT, CA, NM, MN, MT, MA, IN; General Securities Representative; Investment Advisor Representative
NMLS#: 1274456
NMLS#: 1274456
About John Anthony Mele Jr.
John graduated from the University of Notre Dame with a degree in accounting and computer applications. He started his career as a CPA with the audit practice at Ernst & Young( non-practicing at Morgan Stanley). He later earned the Chartered Financial Analyst® (CFA) designation while at BlackBerry Finance, performing credit research and accounting for the wholly owned subsidiary that managed the Canadian parent company’s cash in a $2.4 billion fixed income portfolio. In addition, he earned the CERTIFIED FINANCIAL PLANNER™ (CFP®) designation and then joined Morgan Stanley as a Financial Advisor.
John utilizes all of his designations in providing clients comprehensive financial planning and designing portfolios that, given a client’s risk tolerance, not only seek to maximize returns but maximize tax efficiency as well.
John is a recipient of the Five Star Wealth Manager award for 2021, 2020 and 2019, as noted in the November issues of Chicago Magazine. He’s also been named to Morgan Stanley’s Pacesetter’s Club for 2021, 2020, 2019, 2018 and 2017.
He loves to cook and spend his free time with his daughter, Tessa, occasionally finding time for golf, snowboarding and cycling.
2019-2022 Five Star Wealth Manager Award
Source: fivestarprofessional.com (2019-2022) The award was determined based on an evaluation process conducted by Five-Star Professional based on objective criteria. The award was not based on a specific time period.
John utilizes all of his designations in providing clients comprehensive financial planning and designing portfolios that, given a client’s risk tolerance, not only seek to maximize returns but maximize tax efficiency as well.
John is a recipient of the Five Star Wealth Manager award for 2021, 2020 and 2019, as noted in the November issues of Chicago Magazine. He’s also been named to Morgan Stanley’s Pacesetter’s Club for 2021, 2020, 2019, 2018 and 2017.
He loves to cook and spend his free time with his daughter, Tessa, occasionally finding time for golf, snowboarding and cycling.
2019-2022 Five Star Wealth Manager Award
Source: fivestarprofessional.com (2019-2022) The award was determined based on an evaluation process conducted by Five-Star Professional based on objective criteria. The award was not based on a specific time period.
Securities Agent: AZ, CA, NM, NJ, ME, SC, MN, IL, GA, NE, NC, IN, CO, WI, MA, FL, WY, NV, MI, WA, PA, NY, MO, DC, CT; General Securities Representative; Investment Advisor Representative
NMLS#: 1265194
NMLS#: 1265194
Contact Felicia G Di Silvestro
Contact John Anthony Mele Jr.
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
Rosanne Peel
Private Banker
About Rosanne Peel
Rosanne Peel is a Private Banker serving Morgan Stanley Wealth Management offices in Illinois.
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.
Rosanne began her financial services career in 1987 and joined Morgan Stanley in 2022. Prior to that, she was a Senior Private Banker at BMO Family Office. She also served as a Marketing Manager in the Business Development Group at TD Securities, a Private Banking Relationship Manager at Toronto Dominion Bank, and a Private Banking Relationship Manager at Marine Midland Bank/HSBC.
Rosanne is a graduate of University of Delaware, where she received a Bachelor of Science in Business Administration. She and her family currently reside in Winnetka, Illinois.
From 2014 to 2019, Rosanne dedicated her time to The Auxiliary of the Woman’s Board of the Rush University Medical Center as a Member before transitioning to an Associate Member in 2019. Outside of the office, Rosanne enjoys staying active outdoors by hiking and scuba-diving. She also enjoys playing tennis, traveling, and cooking.
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.
Rosanne began her financial services career in 1987 and joined Morgan Stanley in 2022. Prior to that, she was a Senior Private Banker at BMO Family Office. She also served as a Marketing Manager in the Business Development Group at TD Securities, a Private Banking Relationship Manager at Toronto Dominion Bank, and a Private Banking Relationship Manager at Marine Midland Bank/HSBC.
Rosanne is a graduate of University of Delaware, where she received a Bachelor of Science in Business Administration. She and her family currently reside in Winnetka, Illinois.
From 2014 to 2019, Rosanne dedicated her time to The Auxiliary of the Woman’s Board of the Rush University Medical Center as a Member before transitioning to an Associate Member in 2019. Outside of the office, Rosanne enjoys staying active outdoors by hiking and scuba-diving. She also enjoys playing tennis, traveling, and cooking.
NMLS#: 800017
Wealth Management
From Our Team
Our Standard of Care
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
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
Article Image
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
Article Image
Ready to start a conversation? Contact The Chicago Cornerstone 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 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.
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.
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.
4Morgan 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
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.
6When 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 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.
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.
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.
4Morgan 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
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.
6When 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
CRC 6491812 (04/2024)
