Richard Corcoran, CFA
Managing Director, Private Wealth Management, Private Wealth Advisor, Alternative Investments Director
Phone:
(610) 260-8530(610) 260-8530
Morgan Stanley Private Wealth Management
The Corcoran Ciarelli Group
Direct:
(610) 260-7082(610) 260-7082
Our Mission Statement
Our team delivers the intimacy of a boutique with the resources of a global institution. Working with a limited number of affluent clients, we are able to offer you and your family personalized attention and customized solutions in all aspects of your life.
Welcome
Welcome to The Corcoran Ciarelli Group at Morgan Stanley Private Wealth Management.
We find multi-generational wealth is different and deserves substantially different advice and care. Families come to us for our unbiased advice, decades of experience and passion for helping our clients achieve their goals. Families stay with us for our candor, transparency, competence and attention to detail.
We are a team of seven financial professionals with distinctive talents and diverse backgrounds. We provide guidance striving to: monetize the sale of a business, diversify out of a concentrated stock position, maintain and enhance a lifestyle, preserve an inheritance, leave an enduring legacy and use customized lending to unlock liquidity.
We welcome the opportunity to learn more about you and your family, and discuss the many ways we can help you manage your wealth.
Recognition:
- Forbes Best-In-State Wealth Management Teams 2023-2025
- Barron's Top 1200 Financial Advisors 2012-2025
- Barron's America's Top Financial Advisors 2016-2022
- Forbes Best-In-State Advisors 2019-2025
- Forbes Top Next-Gen Advisors 2017-2021
2023, 2024, 2025 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (January 2023 - January 2024) 2023-2024 Forbes Best-In-State Wealth Management Teams ranking awarded in 2023-2025. This ranking was determined based on an evaluation process conducted by SHOOK Research LLC (the research company) in partnership with Forbes (the publisher) during the period from 3/31/21 – 3/31/24.
2012-2025 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barron's (March 2012-2025) Barron's Top 1,200 Financial Advisors: State-by-State ranking awarded in 2012-2025. This ranking was determined based on an evaluation process conducted by Barron's for the period from Oct 2011-Sept 2024
2016-2022 - Barron's Top 100 Financial Advisors (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barron's.com (April 2016-2022) 2016-2022 Barron's Top 100 Financial Advisors awarded in 2016-2022. This ranking was determined based on an evaluation process conducted by Barron's during the period from Dec 2015 - Dec 2021
2019-2025 - Forbes Best-In-State Wealth Advisors
Source: Forbes.com (April 2019-2025) 2019-2025 Forbes America's Top Wealth Advisors and Best-In- State Wealth Advisors rankings awarded in 2019-2025. This ranking was determined based on an evaluation process conducted by SHOOK Research LLC (the research company) in partnership with Forbes (the publisher) for the period from 6/30/18-6/30/24.
2017-2021 - Forbes America's Top Next-Gen Wealth Advisors & Top Next-Gen Wealth Advisors Best-in-State (formerly referred to as Forbes America's Top Next-Gen Wealth Advisors, Forbes Top 1,000 Next-Gen Wealth Advisors, Forbes Top 500 Next Generation Wealth Advisors)
Source: Forbes.com (Sept 2017-2021) 2021 Forbes America's Top Next-Gen Wealth Advisors ranking awarded in 2017-2021. This ranking was determined based on an evaluation process conducted by SHOOK Research LLC (the research company) in partnership with Forbes (the publisher) during the period from 3/31/16 - 3/31/21.
Capabilities
- Comprehensive Wealth Planning
- Tax, Trust & Estate AdvisoryFootnote1
- Family Governance & Wealth Education
- Pre-Liquidity Planning
- Investment Management
- Consolidated Reporting
- Open-Architecture Platform
- Sustainable & Responsible InvestingFootnote2
- 10b5-(1) Programs
- Tailored LendingFootnote3
- Lifestyle Advisory ServicesFootnote4
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 350 teams1 specialized in assisting individuals and families with $20MM+ in investable assets
- Over $980 billion in AUM1
- Comprising 23% of the Barron’s Top 250 Private Wealth Management Teams for 2024
- 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, 2024
Source: Barron's.com (May 2024) 2024 Barron's Top 250 Private Wealth Management Teams awarded in 2024. The teams are ranked on a variety of factors, including their size and shape, their regulatory records and credentials of their members, and the resources they have at their disposal to serve their client bases. The rankings are meant as a starting point for clients looking for an advisor—a first-pass vetting that can help investors narrow a search. Every advisor will have his or her own approach to investing, financial planning, and other services. Clients are encouraged to approach a search for an advisor the way they would a search for a doctor—interviewing multiple professionals and getting opinions from multiple third parties. 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 Process
At Morgan Stanley, we believe that identifying financial solutions begins with a solid understanding of each client's situation, goals, objectives and risk tolerance. We follow a disciplined process that allows us to work with you to craft a solution that helps meet your individual needs. This process aligns our efforts with your interests, providing a road map focused on what is most important to you.
Step 1: 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.
Step 2: 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.
Step 3: 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.
Step 4: 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.
Step 5: 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.
Step 6: 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.
A Global Firm
Our Core Values
Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.
Five Core Values
A Track Record of Success
Watch various episodes that capture Morgan Stanley's success during eras of both prosperity and strife throughout our 87 year history.
Morgan Stanley Docu-Series
Cybersecurity for Families
Whatever your cybersecurity needs, our innovate technology can help you evaluate the particular challenges of your situation to best address the vital issue of staying safe in an increasingly complex digital world.
Stay Cybersafe
Trust & Estate Planning
Having a conversation around one's estate and legacy is never easy. Our team will be with you every step of the way to analyze your estate structures so that your needs are efficiently and thoroughly addressed.
Common Questions
Philanthropic Goals
Magnify the impact of your philanthropic efforts by defining a clear mission and maintaining your focus, including advice on how to govern your family foundation to maintain alignment with your goals.
How to Sharpen Your Philanthropic Focus
Family Governance
Most families either never address their governance needs or wait until they are in the midst of a crisis - picking up the pieces afterwards - before they finally get serious about creating and implementing a robust family governance system.
What Makes a Sound Governance System?IN THE COMMUNITY
In alignment with our core values, we believe that we have a responsibility to give back to the community. While our business exists to serve our clients and their families, we have the opportunity and privilege to contribute to the greater good. Our team members are committed to giving both their time and capital to various initiatives that benefit society.
Collectively and individually, we support:
Collectively and individually, we support:
American Red Cross
Barnes Foundation
Cradles to Crayons
French Bulldog Rescue Network
Life Science Cares Philadelphia
Nothing But Nets
Philadelphia Education Fund
St. Jude
Sun Rae Foundation
Location
100 Front St
Ste 600
West Conshohocken, PA 19428
US
Direct:
(610) 260-7082(610) 260-7082
Fax:
(212) 507-1197(212) 507-1197
1650 Market Street
42nd FL
Philadelphia, PA 19103
US
Meet The Corcoran Ciarelli Group
Brett Ciarelli
Managing Director, Private Wealth Management, Private Wealth Advisor, Family Wealth Director, Executive Financial Services Director
Phone:
(610) 260-7082(610) 260-7082
Shawna Aschmies
Assistant Vice President, Group Director
Phone:
(610) 260-7752(610) 260-7752
Isiah Myles
PWM Portfolio Management Associate
Phone:
(610) 260-8526(610) 260-8526
Sara Egan
Private Wealth Management Associate
Phone:
(610) 260-7106(610) 260-7106
Logan Keller
PWM Client Relationship Analyst
Phone:
(610) 260-8528(610) 260-8528
Kerrie Stokes
Private Wealth Management Registered Client Service Associate
Phone:
(215) 963-3848(215) 963-3848
About Richard Corcoran
Rich Corcoran is a cofounder of the Corcoran Ciarelli Group and has spent over 25 years providing strategic financial guidance to multigenerational families and sophisticated individual investors. Rich focuses in portfolio construction that aligns with estate planning strategies, investment management, capital markets, and alternative investments. He takes a flexible and forward-looking approach, designing strategies that can evolve with clients changing circumstances and market conditions to help ensure their long-term goals are met.
Rich holds an MBA from Columbia University and graduated cum laude from the University of Delaware with a Bachelor of Science in Finance and Economics. He is a member of both the CFA Institute and the CFA Society of Philadelphia.
Rich resides in the Greater Philadelphia area with his family, where he remains active in the local community and supports educational initiatives. His contributions include serving on the Board of Directors of the Philadelphia Education Fund and the Women’s Leadership Initiative Advisory Committee at the University of Delaware. With past leadership roles in the University of Delaware’s Financial Planning Advisory Board and the Lerner College of Business and Economics Alumni Board of Directors, Rich exemplifies a commitment to fostering connections that promote mentorship, leadership development, and access to educational resources, help empower individuals to achieve their full potential.
Rich holds an MBA from Columbia University and graduated cum laude from the University of Delaware with a Bachelor of Science in Finance and Economics. He is a member of both the CFA Institute and the CFA Society of Philadelphia.
Rich resides in the Greater Philadelphia area with his family, where he remains active in the local community and supports educational initiatives. His contributions include serving on the Board of Directors of the Philadelphia Education Fund and the Women’s Leadership Initiative Advisory Committee at the University of Delaware. With past leadership roles in the University of Delaware’s Financial Planning Advisory Board and the Lerner College of Business and Economics Alumni Board of Directors, Rich exemplifies a commitment to fostering connections that promote mentorship, leadership development, and access to educational resources, help empower individuals to achieve their full potential.
Securities Agent: SC, VT, WV, WA, VA, UT, TX, DE, TN, PR, PA, OR, OH, NY, NV, NM, NJ, OK, NC, MI, MD, MA, LA, IL, HI, ME, GA, FL, DC, CT, CO, CA, AZ, AL, AK; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1278703
NMLS#: 1278703
About Brett Ciarelli
Brett Ciarelli is a cofounder of the Corcoran Ciarelli Group with over 20 years of experience advising corporate executives, private business owners, and multigenerational families. He focuses on executive compensation strategies, liquidity event planning, and multigenerational wealth transfer, providing clients with practical solutions to help meet their evolving needs in a complex environment. Brett takes a highly personalized and consultative approach, working closely with clients to design strategies that can help anticipate future needs and evolve with their long-term goals.
Brett earned a Bachelor of Business Administration with a concentration in Finance from The George Washington University, where he was also a participant in the University Honors Program.
Brett resides in Center City Philadelphia with his wife, Jackie, and their children, Dillon and Parker. Outside of work, Brett enjoys yoga, hiking, and traveling. He is an active member of the community, serving on The Barnes Foundation Young Professionals Leadership Board and the Life Science Cares Philadelphia Advisory Board.
Brett earned a Bachelor of Business Administration with a concentration in Finance from The George Washington University, where he was also a participant in the University Honors Program.
Brett resides in Center City Philadelphia with his wife, Jackie, and their children, Dillon and Parker. Outside of work, Brett enjoys yoga, hiking, and traveling. He is an active member of the community, serving on The Barnes Foundation Young Professionals Leadership Board and the Life Science Cares Philadelphia Advisory Board.
Securities Agent: SC, NC, NJ, NM, NV, NY, OR, PA, TX, UT, VA, VT, WA, WV, MI, ME, MD, MA, IL, HI, GA, FL, DE, DC, CT, CO, CA, AZ, AK; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1293938
NMLS#: 1293938
About Shawna Aschmies
As the team’s Group Director, Shawna serves as the central hub of operations, overseeing all client service administrative, and operational activities. In addition to her client-facing responsibilities, Shawna plays a key leadership role within the team, working closely on business and operational strategy to drive growth and long-term success.
Shawna’s career in financial services began in 2007 working on the Institutional Sales Desk at Susquehanna Financial Group in New York City. Shawna’s industry experience includes operational support positions at Oppenheimer & Co, Wells Fargo, and Merrill Lynch. Shawna received a MBA in Management Information Systems and a MSc in Risk Management from Saint Peters University. Shawna holds a B.A. in Economics from Kean University.
Shawna lives with her husband; Scott and son; Sterling in Philadelphia. In her free time Shawna enjoys exploring the city and cooking.
Shawna’s career in financial services began in 2007 working on the Institutional Sales Desk at Susquehanna Financial Group in New York City. Shawna’s industry experience includes operational support positions at Oppenheimer & Co, Wells Fargo, and Merrill Lynch. Shawna received a MBA in Management Information Systems and a MSc in Risk Management from Saint Peters University. Shawna holds a B.A. in Economics from Kean University.
Shawna lives with her husband; Scott and son; Sterling in Philadelphia. In her free time Shawna enjoys exploring the city and cooking.
About Isiah Myles
Isiah plays a key role in the design, execution, and oversight of customized investment portfolios for our ultra-high-net-worth clients. His responsibilities include trade implementation, portfolio analytics, performance monitoring, and investment research. He helps drive operational efficiency within the investment process and ensures that portfolio strategies are executed with precision and consistency. His strong focus on detail and risk awareness enhances the team’s ability to deliver sophisticated, data-informed portfolio solutions.
Prior to joining Morgan Stanley, Isiah held progressively senior roles at Vanguard, where he gained experience across Brokerage and Investment Management Services, focusing on client servicing, investment operations and process improvement. Isiah earned a B.A. in Criminal Justice with a minor in Economics from Villanova University and is currently a Level II candidate in the Chartered Financial Analyst (CFA ) program.
Isiah currently resides in Center City Philadelphia. Outside of work, he enjoys staying active, working out, and salsa dancing.
Prior to joining Morgan Stanley, Isiah held progressively senior roles at Vanguard, where he gained experience across Brokerage and Investment Management Services, focusing on client servicing, investment operations and process improvement. Isiah earned a B.A. in Criminal Justice with a minor in Economics from Villanova University and is currently a Level II candidate in the Chartered Financial Analyst (CFA ) program.
Isiah currently resides in Center City Philadelphia. Outside of work, he enjoys staying active, working out, and salsa dancing.
About Sara Egan
Sara Egan is a seasoned client service professional with extensive experience supporting complex client relationships. She is a key point of contact for many of the teams ultra high net worth families, managing a range of service needs with discretion, efficiency, and attention to detail. Her reliability and familiarity with nuanced account structures support both the client experience and the team’s day-to-day execution.
Her career began in 2004 at Douglas & Co. Municipals, Inc. in New York, later joining Morgan Stanley Smith Barney and then Morgan Stanley PWM in Philadelphia. She most recently spent five years as an investment associate at JP Morgan advisors before returning to Morgan Stanley PWM. Sara earned a BS in Finance from Siena College in Londonville, New York.
Sara lives in South Philadelphia with her husband, Patrick and their son Owen. Outside of work, she enjoys staying active, playing tennis, and spending time with family and friends.
Her career began in 2004 at Douglas & Co. Municipals, Inc. in New York, later joining Morgan Stanley Smith Barney and then Morgan Stanley PWM in Philadelphia. She most recently spent five years as an investment associate at JP Morgan advisors before returning to Morgan Stanley PWM. Sara earned a BS in Finance from Siena College in Londonville, New York.
Sara lives in South Philadelphia with her husband, Patrick and their son Owen. Outside of work, she enjoys staying active, playing tennis, and spending time with family and friends.
About Logan Keller
Logan leads the team’s reporting and analytics function and serves as the primary point of contact for client reporting. He is actively involved in developing customized performance reports, financial plans, and portfolio proposals. A key driver of the team’s Addepar- based reporting framework, Logan helps translate complex portfolio data into clear, actionable insights that enhance both planning and client reporting. In addition, he contributes to the team’s trading efforts, providing coverage and execution support when needed.
He earned his bachelor of Business Administration in Finance from the Fox School of Business at Temple University, graduating cum laude. Logan is an alumnus of The Haverford School, where he continues to stay involved as a member of its Young Alumni Committee.
Outside of work, Logan enjoys cooking, staying active, and traveling.
He earned his bachelor of Business Administration in Finance from the Fox School of Business at Temple University, graduating cum laude. Logan is an alumnus of The Haverford School, where he continues to stay involved as a member of its Young Alumni Committee.
Outside of work, Logan enjoys cooking, staying active, and traveling.
About Kerrie Stokes
Kerrie brings a wealth of experience in client service and operational support within wealth management, having worked with high-net-worth clients for over a decade. Her deep familiarity with industry practices allows her to step in seamlessly across a variety of operational needs, helping the team maintain consistency and responsiveness in day-to-day execution. Kerrie’s perspective and institutional knowledge make her a trusted resource and a steady presence within the team’s service model.
Kerrie began her career at Merrill Lynch, working in the firm’s Long Island office, where she spent ten years as a Client Service Associate supporting complex client relationships. In 2019, she stepped away from the industry to relocate to South Korea with her family. After returning to the U.S., she resumed her career at Merrill Lynch before transitioning to Morgan Stanley in 2023. Kerrie has a degree in Economics from the University of Richmond and brings both experience and perspective to her role.
Originally from Long Island, Kerrie now lives in Philadelphia with her husband and has two adult daughters. Outside of work, she enjoys traveling, knitting, swimming, and practicing yoga.
Kerrie began her career at Merrill Lynch, working in the firm’s Long Island office, where she spent ten years as a Client Service Associate supporting complex client relationships. In 2019, she stepped away from the industry to relocate to South Korea with her family. After returning to the U.S., she resumed her career at Merrill Lynch before transitioning to Morgan Stanley in 2023. Kerrie has a degree in Economics from the University of Richmond and brings both experience and perspective to her role.
Originally from Long Island, Kerrie now lives in Philadelphia with her husband and has two adult daughters. Outside of work, she enjoys traveling, knitting, swimming, and practicing yoga.
Contact Richard Corcoran
Contact Brett Ciarelli
Wealth Management
Global Investment Office
Portfolio Insights
This is a video content
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.
2Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria.
3Tailored 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.
4Morgan Stanley Smith Barney LLC (the “Firm”) and its affiliates do not currently offer the services provided by this Service Provider(s). The Service Provider(s) is not an affiliate of the Firm. Any review of the Service Provider(s) performed by the Firm was based on information from sources that we believe are reliable but we cannot guarantee its accuracy or completeness. This referral should in no way be considered to be a solicitation by the Firm for business on behalf of the Service Provider(s). The Firm makes no representations regarding the appropriate or otherwise of the products or services provided by the Service Provider(s). There may be additional service providers for comparative purposes. If you choose to contact the Service Provider(s), do thorough due diligence, and make your own independent decision.
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.
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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
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
2Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria.
3Tailored 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.
4Morgan Stanley Smith Barney LLC (the “Firm”) and its affiliates do not currently offer the services provided by this Service Provider(s). The Service Provider(s) is not an affiliate of the Firm. Any review of the Service Provider(s) performed by the Firm was based on information from sources that we believe are reliable but we cannot guarantee its accuracy or completeness. This referral should in no way be considered to be a solicitation by the Firm for business on behalf of the Service Provider(s). The Firm makes no representations regarding the appropriate or otherwise of the products or services provided by the Service Provider(s). There may be additional service providers for comparative purposes. If you choose to contact the Service Provider(s), do thorough due diligence, and make your own independent decision.
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.
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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
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 4237142 (02/2025)
