The Convergence Group at Morgan Stanley

Comprehensive wealth management takes a set of skills that go well beyond general financial planning and investment management. It takes a team of experienced professionals who have acquired the insights, wisdom and experience needed to tackle your family’s personal financial challenges.

The Convergence Group at Morgan Stanley has decades of combined experience, who knows what it takes to help achieve results. With a deep history of client loyalty and enduring relationships, Shawn McMahon, Kathy Rand, and Eric Gallo focus on what is most important to you. They provide the skills, relevant strategies and disciplined process to help you make informed decisions about your future and your family.

Shawn, Kathy, and Eric use their astute problem-solving skills coupled with an impassioned willingness to roll up their sleeves and identify forward-thinking strategies that can help meet and exceed your particular objectives. They believe the more complex your situation, the more valuable they are to you, and the more rewarding your overall experience can potentially be. They combine the world-class resources of a premium global firm, Morgan Stanley, with the intimate relationship you expect from a boutique firm.

The Convergence Group takes pride in the services and solutions they offer clients and welcome the opportunity to deliver the same white-glove service to you and your family.
Services Include
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The Planning Process

To reach your goals, you need a wealth plan informed by a comprehensive assessment of your current budget and finances, clear objectives and sound advice that puts you in the center of the process. The Convergence Group at Morgan Stanley uses a four-step Goals Planning System (GPS) to create your personal roadmap towards financial achievement and protection.

1. Discover: Understand your values, objectives and quantify your goals.
2. Advise: Create a tailored wealth plan to help keep you on track.
3. Implement: Add value with tax-aware and cost-sensitive capabilities.
4. Monitor: Continually track progress so that you know where you stand relative to your goals and adjust to changing needs and circumstances.

The Convergence Group's years of experience combined with Morgan Stanley’s state of the art technology, intellectual capital and extensive resources enables them to create customized, holistic plans that consist of:

- Professional Portfolio Management
- Advanced Risk Analytics
- Tax Mitigation Strategies
- Estate Planning Strategies
- Philanthropic and Legacy Planning
- Liquidity and Borrowing Needs
- Hedging and Monetization Strategies for Concentrated Equity Positions

The Convergence Group believes in regular communication, scheduled progress updates and continuous monitoring of plans seeking to ensure that clients remain on track toward meeting their goals.
Our Planning Questionnaire
The Convergence Group delivers a personalized wealth management experience that begins with a meticulously crafted financial plan. To begin yours, please reference the attached link and contact a member of our team for assistance.
Questionnaire

OUR SUITE OF SERVICES

As your wealth grows, so does its complexities and the resources needed to manage it effectively. We leverage our experience and relationships to deliver innovative strategies that are tailored to your needs. We look forward to speaking with you to understand your challenges, so we may map out a strategy to achieve your particular priorities and goals.
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    Wealth Management
    Wealth Management brings all the dimensions of your life together. We listen carefully to understand the connections across your personal life, your family, your career and your legacy goals to develop a comprehensive strategy that is uniquely yours.
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    Retirement Planning
    One of our key areas of focus is helping you prepare for and thrive in retirement. From IRAs to RMDs, we manage the complexities of your comprehensive retirement plan assets, helping you easily transition to the next phase of your life with security and confidence.
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    Professional Portfolio Management
    Managing an investment portfolio should be a consultative, disciplined process that balances your attitudes about investing with careful analysis of the financial markets. Working together, we create a customized strategy that applies long-held investment principles to help your assets appreciate appropriately or generate cash-flow or income as you require.
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    Alternative Investments
    Morgan Stanley’s global network affords us the ability to offer suitable clients a wide array of alternative investments to consider – from private equities and exchange funds to hedge funds and real estate investments. Our recommendations are based on your own goals and your tolerance for investment risk.
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    Cash Management Services
    Creating adequate cash flow and securing liquidity are day-to-day aspects of implementing a financial strategy. We help you meet your personal cash management and borrowing needs, while thinking strategically about how specific approaches may affect current and long-term costs and taxes.
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    Estate Planning & Philanthropic Strategies
    Delivering an estate to the next generation or favorite charity requires more attention than families often realize. We coordinate with your estate and tax professionals to align your legacy goals with the appropriate asset titling and beneficiary designation requirements, incorporating best practices to help enhance results.

Digital Capabilities

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.
• Total Wealth View – Access streamlined views of your assets and liabilities, including mortgage information, aggregated from all of your financial institutions
• Current Financial News – access up-to-date news, current market data, research, company profiles and quotes
• Access Import Documents – sign up for digital access to all of your financial documents
• Manage Everyday Finances – mobile check deposit, online bill pay, send money with Zelle and e-authorizations
E-Delivery
Morgan Stanley Online has a variety of features that can enhance your digital experience and provide a deeper level of security. One of those tools, eDelivery, allows you to securely save, print, send and receive documents at any time from both Morgan Stanley Online and the Morgan Stanley Mobile App.
Total Wealth View
It’s hard to see the complete picture with only half the details. As a Morgan Stanley client, you can conveniently view your accounts from other financial institutions on Morgan Stanley Online or by using the Morgan Stanley Mobile App, giving you a more complete financial picture.
Digital Vault
The Digital Vault on Morgan Stanley Online and the Mobile App allows clients and their families to build a central, shared document library where all documents are stored using encryption.

RETIRE WITH CONFIDENCE

The Convergence Group at Morgan Stanley can help you map a comprehensive retirement plan that dynamically adjusts investing strategies based on the different stages of your life and accounts for your investing preferences, legacy goals and important life events. Let’s connect if you would like to learn more about how we can help you retire with confidence:

    WORKPLACE FINANCIAL BENEFITS WITH MORGAN STANLEY AT WORK

    Our mission is to help your company elevate your workplace financial benefits—helping you to attract and retain top talent. Our end-to-end solutions support your company and employees at any stage of growth through a powerful combination of modern technology, insightful guidance, and dedicated service.

      Equity Solutions

      Equity ownership is a powerful motivator. Streamline equity management through our leading-edge technology and provide global audit-ready reporting and insights, alongside customizable participant experiences to engage and educate your employees on how to make the most of their benefits. Our global solutions support private and public companies at any stage of growth.

      • Equity Administration and Financial Reporting
      • Liquidity Events
      • 409A Valuation Services and Cap Table Management

      Learn more
      Retirement

      For your employees, retirement is more than a date in the future—it's a milestone that takes time, hard work, and the right tools. Through our consultative process, we strive to assist with the management of your fiduciary responsibilities and risk, simplify plan management, and help you improve retirement readiness for your employees.

      • Defined Contribution Consulting
      • Solutions-Oriented Plans
      • Fiduciary Investment Oversight

      Learn more
      Deferred Compensation

      Access a range of Nonqualified Deferred Compensation plan services or pick the ones that best fit your needs. We provide recordkeeping and plan design, portfolio construction services, and plan education for your executive talent. We help you determine the appropriate plan design and inform a funding strategy through a needs-based assessment and consultative approach.

      Services include:

      • Recordkeeping and Plan Design
      • Portfolio Construction
      • Wealth Management Services
      Learn more
      Executive Services

      Our dedicated team provides concierge-level support for your executives' equity compensation plans, from 10b5-1 trading plans to form filing related to Rule 144 transactions, to access to wealth management and tax-optimization strategies, so helping them navigate their complex financial needs with greater confidence and certainty:

      • Equity Compensation Services
      • Equity Award Analysis
      • Specialized Solutions
      Learn more
      Saving and Giving

      Saving and Giving benefits can make a real difference in your employees' lives as they can support the things that matter most to them—like saving for education and repaying student loans. Show that you are committed to your employees' priorities with leading-edge solutions that help them chart a path toward financial well-being.

      • College Savings
      • Student Loan Repayment and Refinancing
      • Charitable Giving
      Learn more
      Financial Wellness

      We offer Financial Wellness with every solution we provide. Through a powerful combination of education, digital tools and guidance, Financial Wellness is designed to address the unique needs of your employees and empower their financial journey at every stage. Give your employees the confidence to take charge of their finances.

      • Financial Education
      • Digital Tools
      • Financial Guidance

      Learn more

    Location

    10 South Jefferson Street
    Suite 1700
    Roanoke, VA 24011
    US
    Direct:
    (540) 725-3162(540) 725-3162
    Fax:
    (540) 449-0022(540) 449-0022
    100 Front Street
    Suite 600
    West Conshohocken, PA 19428
    US
    Direct:
    (610) 260-7182(610) 260-7182

    Meet The Convergence Group

    Photo of Shawn McMahon

    Senior Vice President, Wealth Management, Financial Advisor, CERTIFIED FINANCIAL PLANNER®, Global Sports and Entertainment Director, Senior Portfolio Management Director, Family Wealth Advisor, Chartered Retirement Plans Specialist, Workplace Advisor - Equity Compensation, Investment Management Consultant, Chartered Financial Consultant
    Schedule Meeting
    Phone:
    (540) 725-3170(540) 725-3170
    Photo of Gabby Poulton

    Gabby Poulton

    Registered Client Service Associate
    Phone:
    (540) 725-3162(540) 725-3162
    Photo of Anne Marie Butz

    Anne Marie Butz

    Registered Client Service Associate
    Phone:
    (678) 282-9333(678) 282-9333
    Photo of Katherine Lawson

    Katherine Lawson

    Client Service Associate
    Phone:
    (540) 725-3160(540) 725-3160

    About Shawn McMahon

    Shawn McMahon is a Financial Advisor and Senior Vice President with The Convergence Group at Morgan Stanley based in Roanoke, Virginia. Since beginning his financial services career in 1999, Shawn has helped individuals and families navigate complex financial decisions as they pursue their long-term goals. He is a CFP® professional and holds the Chartered Financial Consultant® and Chartered Retirement Plans Specialist℠ designations, as well as Morgan Stanley’s Family Wealth Advisor, Senior Portfolio Management Director and Global Sports and Entertainment Director titles. Shawn graduated from Hampden-Sydney College with a degree in history.

    Shawn primarily works with retirees, busy professionals, business owners and their families, providing comprehensive financial planning and wealth management that align to their priorities. His work encompasses wealth creation, preservation and management, as well as the distribution and transfer of assets. Shawn has particular experience in liability management, tax-aware planning and multigenerational wealth transfer. He takes a thoughtful, collaborative approach—helping clients bring their goals, resources and financial strategies together in a coordinated plan designed to evolve with their lives. This approach reflects The Convergence Group’s broader mission of helping make clients’ work towards their financial ambitions.

    Shawn and his wife, Callie, have been married for 26 years and have two daughters, Natalie and Macy. Outside of work, he enjoys reading, cooking, the outdoors and watching sports. Shawn is also committed to serving his community through Community Housing Partners, where he has served on the Board of Directors since January 2014 and chairs its Finance Committee.
    Securities Agent: FL, WY, NM, SD, OH, ID, NJ, MD, GA, CA, WV, VA, IN, DC, CT, MI, AL, TX, MN, LA, KS, SC, NH, NC, IL, CO, TN, DE, AZ, WI, WA, PA, NY, MA; General Securities Representative; Investment Advisor Representative; Managed Futures
    NMLS#: 1279022
    CA Insurance License #: #0G82029

    About Katherine Rand

    Kathy Rand is a Financial Advisor and Senior Vice President with The Convergence Group at Morgan Stanley located in Roanoke, VA. Kathy is a native of Grand Rapids, Michigan, and graduated from Ferris State University, where she attended on a volleyball scholarship. Shortly after graduation, she began her financial services career with the regional firm Robert W. Baird. In 1988, Kathy relocated to Roanoke, Virginia, and joined PaineWebber, now UBS. She moved to Morgan Stanley in 1994. Throughout her career, she has held responsibilities spanning client service, practice management, and financial advisory services. She is also a Financial Planning Specialist.

    Kathy’s ideal client is an individual, family, or business owner who values a trusted, long-term relationship and seeks thoughtful guidance in navigating important financial decisions. They may be approaching retirement, experiencing a significant life transition, building, or transferring wealth, or looking to bring greater structure and clarity to their financial life. Kathy work’s best with clients who value comprehensive financial planning, open communication, and a disciplined approach. They appreciate personalized service, are willing to share their goals and concerns, and understand that successful planning is an ongoing process—not a one-time event. Above all, my ideal client wants a financial professional who will listen carefully, understand what matters most to them, and help coordinate a strategy designed to support their family, lifestyle, and legacy.

    Kathy lives in Roanoke with her husband, Bill. They have four adult children, Will, Remington, Jack and Jill. Kathy and Bill have enjoyed many adventures together. Including long-distance trips on their Harley-Davidson motorcycles, traveling from Roanoke to San Francisco and from Canada to Key West. Kathy has pursued her passion for family genealogy. Her genealogical research has taken her to Europe, where she has explored her family’s heritage and met relatives she didn’t know she had.
    Securities Agent: AL, TN, OH, CO, MD, DE, CT, SD, KS, GA, CA, MN, MI, FL, NY, NM, DC, WA, NC, IN, WV, MA, LA, IL, WY, SC, PA, VA, TX, NJ, NH, ID, AZ; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Managed Futures
    NMLS#: 1824421
    CA Insurance License #: 0G81992

    About Eric Gallo

    Eric began his career in wealth management as an intern with Morgan Stanley in 2015 and has remained passionate about building meaningful, long-term relationships with the families he serves. As a CFP® professional, he is committed to acting in his clients’ best interests when providing financial advice. Eric earned a degree in Finance from Virginia Tech, where he also served as captain of the football team. That experience taught him the importance of preparation, discipline and teamwork, qualities he continues to bring to his work as a Financial Advisor.


    Eric focuses his practice on individuals and multigenerational families seeking thoughtful advice across the connected areas of their financial lives. He works closely with each family to develop customized investment strategies and financial plans aligned with their goals, priorities and circumstances. Whether helping someone get started with investing, evaluate retirement options or consider how wealth may pass to future generations, Eric emphasizes informed decision-making. His collaborative approach is designed to help families better understand their choices and feel greater confidence and comfort as they navigate important financial decisions.


    Eric and his family live in the Philadelphia suburbs. Outside the office, he enjoys spending time with his family, playing golf, cheering on his favorite football teams and vacationing at the Jersey Shore and in Charleston, South Carolina. His experiences as a husband and father continue to shape his values and perspective.
    Securities Agent: TX, WV, VA, TN, NY, MN, AZ, AL, WA, MD, IL, SD, NC, DC, OH, MA, KS, DE, CO, SC, LA, IN, CA, WY, NJ, MI, FL, CT, PA, ID, NM, GA; General Securities Representative; Investment Advisor Representative
    NMLS#: 1827768

    About Gabby Poulton

    We would like to introduce Senior Registered Client Service Associate, Gabby Poulton. Gabby will be working with you on operational items including financial transactions. She holds her Series 7 and Series 66 licenses.

    Gabby grew up in Sydney, Australia, and made her way to the U.S. in 2006. She has lived in Roanoke, Virginia since 2012 where she attended Roanoke College and graduated with a degree in Business Administration with a concentration in Human Resource Management. She has been working in the Wealth Management industry since 2017.

    About Anne Marie Butz

    We would like to introduce Registered Client Service Associate, Anne Marie Butz. Anne Marie will be working with you on operational items including financial transactions. She holds her Series 7 and 66 licenses.

    Anne Marie was born and raised in Georgia, just north of Atlanta. She has several years of experience in customer service, financial contracting, estate and inheritor services and case management. She has been working in the financial industry since 2023.

    About Katherine Lawson

    We would like to introduce Client Service Associate, Katherine Lawson. Katherine earned her bachelor’s degree from Bridgewater College and her master’s degree from Hollins University. Recently, she was a Senior Recruiting Coach at IMG Academy working with account and relationship management. Prior to that, she spent two decades in higher education most recently as Head Volleyball Coach and Senior Woman Administrator at Hollins University.

    She is a Roanoke native and currently lives in Salem, VA with her son, Benjamin.

    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
    Photo of Kristina Shifflett

    Kristina Shifflett

    Private Banker | Market Manager
    Photo of Jennifer Hartmann

    Managing Director, Wealth Management, Financial Advisor, Senior Institutional Consultant, Family Wealth Director, Workplace Advisor – Equity Compensation
    Photo of Mamta Shah

    Mamta Shah

    Trust Specialist
    Photo of Chris Smith

    Chris Smith

    Trust Specialist

    About Kristina Shifflett

    Kristina Shifflett is a Private Banker | Market Manager serving Morgan Stanley Wealth Management offices in North Carolina, Maryland, and Virginia.

    Private Banker | Market Managers partner with Financial Advisors/ Private Wealth Advisors (collectively “Advisors”) to deliver specialized cash management and lending solutions, while strategically leading sales activity and deepening client engagement across Wealth Management markets to drive growth aligned with long-term business and client objectives.

    Kristina began her career in financial services in 1995 and joined Morgan Stanley in 2005 as a Client Service Associate. Prior to joining the firm, she was an Operations Manager at Wachovia Securities.

    Kristina lives in Raleigh, North Carolina with her dog Rosco. Outside of the office, she enjoys traveling, spending time with her children, puzzles, baking, gardening, reading, and crafting.
    NMLS#: 1709833

    About Will Lowther

    Will Lowther is an Associate Private Banker serving Morgan Stanley Wealth Management offices in North Carolina and Virginia.

    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.

    Will began his career in financial services in 2018 when he joined Morgan Stanley as a Client Service Associate. Will is a graduate of Lynchburg College, where he received a Bachelor of Arts in Economics. He lives in Raleigh, North Carolina. Outside of the office, Will enjoys working out, doing hot yoga, and cooking with his dad who was a chef for 30 years.
    NMLS#: 2661479

    About Mamta Shah

    Mamta Shah is the Trust Specialist based in Chicago, covering the Midwest Region. Morgan Stanley provides a full array of personal and institutional trust services to high net worth clients of the firm. Mamta’s responsibilities include educating Financial Advisors and their clients on the open architecture trust service model and helping them identify opportunities to leverage the trust partners on the platform.

    Before joining Trust Services in 2010, she was the Wealth Analyst with the Chicago based Wealth Planning Center at Morgan Stanley. Mamta was responsible for providing information and education on a full range of income and estate tax topics and concerns.

    Prior to joining the Planning Center team in 2006, Mamta was Vice President of an Independent Investment Advisory Firm. She worked closely with the clients of the firm on a variety of financial planning and investment advisory services.

    Mamta obtained her bachelor’s degree from Babson College with a major in Finance/Entrepreneurship. Mamta is a licensed CPA and holds a CFP® designation, She has been in the financial services industry since 1999. She is Series 7, 63, 65 and life/health insurance licensed. She is a member of the AICPA and the Illinois CPA Society. She lives in Chicago with her family.

    About Chris Smith

    Chris Smith is an Executive Director and Head of Morgan Stanley’s Trust Services Group. As a 30-year employee of Morgan Stanley, Chris is responsible for maintaining the “Open Architecture” trustee platform, which consists of thirteen third-party trust companies who can serve in a fiduciary, agency or custodial role for ultra-high-net worth client trust accounts. Chris and the Trust Services Group help Advisors, clients, prospects and the professional community understand the corporate trustee services available through Morgan Stanley and how our corporate trustee partners can be used to provide fiduciary solutions for clients. This involves reviewing trust document and statements as well as analyzing family dynamics. Chris then uses this information to recommend one or more of the firm’s third-party corporate trustee partners to possibly serve as trustee, co-trustee or administrative agent for a client trust account.

    Prior to joining Morgan Stanley (Dean Witter), Chris worked in the Retirement Plans department of Prudential Securities and prior to that the District Agency department of Prudential Insurance Company. Chris holds a Bachelor of Arts degree in Communication/Journalism and Psychology from St. John Fisher College in Rochester, NY. He lives in Saratoga Springs, NY with his wife Sharon and two boys, Ryan and Michael and has a passion for golf, skiing and horse racing.

    About Mark Jansen

    Mark Jansen is a Family Office Resources Generalist for Morgan Stanley’s Family Office Resources, covering the Southeast Region. In this capacity, Mark provides specialized expertise to Financial Advisors and their UHNW clients across a broad range of family wealth management issues including; family governance and wealth education, strategic estate and financial planning, philanthropy management and lifestyle advisory. Mark has over 30 years of experience advising wealthy families, business owners, and their children.
    Most recently, Mark worked with New York Life in their Advanced Planning Group working with agents and their UHNW clients advising them on estate and legacy planning, business buy sell planning, and succession planning. Prior to New York Life, Mark held similar Advanced Planning Consulting roles in several National financial organizations. He originally started his career in the financial services industry in the tax department of the public accounting firm Grant Thornton. He is known for taking complex ideas and making them easy to understand. Frequently speaking to groups and individuals on estate and business planning, he brings a conversational style that helps to clarify the complex nature of these topics.
    Mark received a Bachelor of Science degree from St. John’s University in Collegeville MN, received his JD degree Cum Laude from the University of Minnesota and his CPA license while working at Grant Thornton. He holds Series 7, 24 and 63 securities licenses. He currently lives in Richmond Virginia with his wife and occasionally one of their 6 children.
    Private Banking Group (PBG) Market Managers, Senior Private Bankers, Private Bankers, and Associate Private Bankers are employees of Morgan Stanley Private Bank, National Association.

    Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC.

    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

    Morgan Stanley Wealth Management Financial Advisors can conduct their business in several ways: individually, as a member of a team of Financial Advisors, or through the formation of a Strategic Partnership with another Financial Advisor or team of Financial Advisors. A Strategic Partnership is an arrangement between a Financial Advisor or a team of Financial Advisors with another Financial Advisor or team of Financial Advisors that has a unique focus or knowledge regarding a specific business concentration, product area, and/or client type. If your account is with an individual Financial Advisor, that Financial Advisor services all facets of your account. If your account is with a Financial Advisor who is a member of a team, any Financial Advisor on the team can service your account. If your Financial Advisor is part of a Strategic Partnership, his or her role in that Strategic Partnership may be limited to a specific business and/or product area and may not cover all facets of your account. The use of the terms “Partner” or “Strategic Partner” and/or “Partnership” or “Strategic Partnership” are used as terms of art and not used to imply or connote any legal relationship.

    Morgan 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 trusts, estate planning, charitable giving, philanthropic planning and other legal matters.

    Morgan Stanley 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.

    Trusts are not necessarily appropriate for all clients. There are risks and considerations which may outweigh any potential benefits. Establishing a trust will incur fees and expenses which may be substantial. Trusts often incur ongoing administrative fees and expenses such as the services of a corporate trustee, attorney, or tax professional.

    Trust services are provided by third parties who are not affiliated with Morgan Stanley. Neither Morgan Stanley nor its affiliates are the provider of such trust services and will not have any input or responsibility concerning a client’s eligibility for, or the terms and conditions associated with these trust services. Neither Morgan Stanley nor its affiliates shall be responsible for any advice or services provided by the unaffiliated third parties. Morgan Stanley or its affiliates may participate in transactions on a basis separate from the referral of clients to these third parties and may receive compensation in connection with referrals made to them.

    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, charitable giving, philanthropic planning and other legal matters.

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    Equity Compensation

    Helping you make the most of your equity awards and better understand how it may fit into your larger financial picture – today and tomorrow.

    • Vesting events
    • Option expirations
    • Restricted stock units
    • Tax implications

    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
    Learn More about Family
    The Adaptive Family Office: A Framework for Alignment Amid Change
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    The Adaptive Family Office: A Framework for Alignment Amid Change

    A modern family office is often described as a set of functions-investments, governance, operations, risk management and family priorities-managed in parallel. In practice, it behaves more like a single, interdependent system. When one element moves,
    Ready to start a conversation? Contact The Convergence Group today.
    Market Information Delayed 20 Minutes
    Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.

    1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.

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

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    2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.

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    3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.

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    4Morgan 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.

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    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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.

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    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.

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    7When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.

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    8When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.

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    9Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan's investment options and the historical investment performance of these options, the Plan's flexibility and features, the reputation and expertise of the Plan's investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state's own Qualified Tuition Program. Investors should determine their home state's tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.

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    10Morgan 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.

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    11Morgan 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

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    12Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.

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    13An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.

    Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.

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    14Alternative 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.

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    15Morgan 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, charitable giving, philanthropic planning and other legal matters.

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    16Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

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    17Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

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    18Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

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    Awards Disclosures | Morgan Stanley
    CRC 4665150 (8/2025), 4763067 (9/2025)