Ted Davis, CFP®
Financial Advisor, Managing Director, Wealth Management
Phone:
(312) 419-3424(312) 419-3424
The Davis Wealth Management Group at Morgan Stanley
Direct:
(312) 419-3424(312) 419-3424
Toll-Free:
(800) 621-2842(800) 621-2842
Industry Award WinnerOur Mission Statement
"We Do What We Do So Our Clients Can Do What They Love"
Ted Davis ranked #9 in Forbes Magazine's Best-In-State Wealth Advisor list (2026), making it his sixth consecutive Top 10 ranking (2021-2026) and ninth consecutive year on the list (2018-2026).
Ted Davis ranked #9 in Forbes Magazine's Best-In-State Wealth Advisor list (2026), making it his sixth consecutive Top 10 ranking (2021-2026) and ninth consecutive year on the list (2018-2026).
Preparing for Retirement
Retirement is one of life's most meaningful chapters. It provides the opportunity to focus on the people and experiences that matter most. It's a culmination of your life's work and a time that could be full of purpose, adventure, and even personal growth.
In this new way of life, your financial goal will shift from consistently building up your life savings to turning it into a stream of income that will last a lifetime and perhaps, a lasting legacy thereafter. To successfully do so will involve a thorough and thoughtful plan that incorporates the many interconnected decisions that will soon come your way. Decisions on benefit elections, taxes, investments, estate planning, health insurance, and many more.
With over 30 years of retirement planning experience, the Davis Wealth Management Group at Morgan Stanley is well equipped to help you successfully navigate through the next steps ahead and ultimately help you make the decisions that will allow you to live the life you envision.
Your Life. Your Goals. Our Commitment.
- Retirement Planning
- Portfolio Management
- Financial Planning
- Tax-Efficient Withdrawal Strategies
- Legacy Planning & Estate Coordination
- Social Security Planning
- Insurance Planning
- Cash Management & Lending Solutions
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Standard of Excellence
A Plan For The Life You Want To Live and The Legacy You Want To Leave Behind
A comprehensive analysis that puts into perspective where you currently stand relative to where you want to be is the first and most important step in our planning process. It not only sets the stage for future decisions, but it also allows us to collaboratively establish a path to get you to where you need to be.
Then over time, as life happens, we'll adjust and adapt your plan to changes in circumstances, helping you to achieve — and to protect — what you've worked so hard for.
- Understand the type of help you're looking for and the lifestyle you want to live
- Gain a clearer sense of family circumstances/ legacy goals
- Inventory of assets, liabilities, and current and future sources of income
- Analyze financial statement(s) and company benefit plan(s)
- Put your financial trajectory into perspective
- Provide feedback as to what could be done to optimize your path to achieving your financial goals
- Talk through the opportunity costs of potential solutions
- Custom analyses to help with decisions relating to employee benefit elections, distribution strategies, debt repayment, health insurance, and more
- Proactively adjusting and adapting your plan to life's progressions
- Professionally managed portfolio(s) customized to your income needs, investment time horizon, and appetite for market fluctuations
- Periodic performance and allocation reviews
- Portfolio strategy update calls
Phase 1: Getting To Know You and The Future You Envision
Discovery Conversation
Confirming the Numbers
Phase 2: Collaboratively Developing Your Retirement Roadmap
Meeting(s)
Empirical Approach To Help You Decide
Ongoing and Adaptive Planning
Phase 3: Investment Strategy Tailored To You
Personalized Investment Strategy
Agreement and Accountability
To discuss your situation and/or attend an upcoming event, please feel free to contact us at:
- Phone: 312-419-3424
- Email: TheDavisGroup@MorganStanley.com
Seminar & Webinar Topics of Discussion
- Retirement Income Planning
- Retirement Transition Planning
- Navigating Employee Benefit Options
- Planning for Liquidation Events
- Planning for Your Legacy
- Planning for the Unexpected
- Social Security Enrollment
- Medicare Enrollment
Ted Davis & Rachel Wilson - Cybersecurity Podcast Series
As you know, the world we live in is rapidly changing. While Ted was growing up, cybersecurity was never a topic that came up at the dinner table.
With everything we see and hear in the news regarding cyber fraud, Ted wanted to put together a podcast series to better protect the people he cares for.
To create the podcast series, Ted traveled to New York in early March to interview Rachel Wilson - Head of Cybersecurity for Morgan Stanley Wealth Management and former senior executive of the NSA’s counterterrorism and cyber exploitation divisions.
His intention was to share information about the cybersecurity area at Morgan Stanley and to also provide listeners with specific actions that they should consider in order to better protect their personal information.
With everything we see and hear in the news regarding cyber fraud, Ted wanted to put together a podcast series to better protect the people he cares for.
To create the podcast series, Ted traveled to New York in early March to interview Rachel Wilson - Head of Cybersecurity for Morgan Stanley Wealth Management and former senior executive of the NSA’s counterterrorism and cyber exploitation divisions.
His intention was to share information about the cybersecurity area at Morgan Stanley and to also provide listeners with specific actions that they should consider in order to better protect their personal information.
Cyber at a Glance
Introduction to Rachel Wilson's cyber security background from being a senior executive at the National Security Agency (NSA) to now holding the title as Head of Cyber Security Technology for Morgan Stanley.
Episode 1Protecting Your Personal Information
Rachel shares different measures we can take to prevent cyber security criminals from accessing our sensitive data.
Episode 3Additional Layers of Protection
Rachel explains the threats of malware and coaches listeners on what they can do to better protect their personal devices.
Episode 4Authentication
Rachel and Ted take a deeper dive in regards to Morgan Stanley's high authentication standards and explain how that helps protect client's identities.
Episode 5Knowing Your Cyber Checklist
Rachel and Ted's final episode where they review some of the major points of the podcast series.
Episode 6Location
233 S Wacker Dr
Ste 8600
Chicago, IL 60606
US
Direct:
(312) 419-3424(312) 419-3424
Toll-Free:
(800) 621-2842(800) 621-2842
Meet The Davis Wealth Management Group
Alan Panozzo, CFA®, CERTIFIED FINANCIAL PLANNER™
First Vice President, Portfolio Management Specialist
Phone:
(312) 419-3352(312) 419-3352
Jason Darfler, CERTIFIED FINANCIAL PLANNER™, CRPC™
First Vice President, Portfolio Management Specialist
Phone:
(312) 419-3589(312) 419-3589
Tex Nayak, CRPC™
Assistant Vice President, Wealth Management Associate
Phone:
(312) 419-3383(312) 419-3383
Michelle Jennings
Portfolio Associate
Phone:
(312) 419-3634(312) 419-3634
Marina Dobinson
Client Relationship Analyst
Phone:
(312) 419-3470(312) 419-3470
Stephanie Davis
Portfolio Management Associate
Phone:
(312) 827-6942(312) 827-6942
Lilly Halliday
Wealth Management Associate
Phone:
(312) 419-3417(312) 419-3417
Andie Davis
Registered Client Relationship Analyst
Phone:
(312) 419-3559(312) 419-3559
Carson Fellows
Registered Client Relationship Analyst
Phone:
(312) 419-3267(312) 419-3267
Matthew Sewall
Registered Client Relationship Analyst
Phone:
(312) 419-3276(312) 419-3276
About Ted Davis
Ted Davis is a CERTIFIED FINANCIAL PLANNER™ and a member of Morgan Stanley's Chairman's Club, a distinction made for the Firm's top financial advisors. Ted's commitment to his clients and dedication to educate families in the community has earned him national recognition as one of America's Top Financial Advisors. Forbes Magazine has consistently named Ted a Best-In-State Wealth Advisor (2018-2025) and a Top 250 Wealth Advisor in America (2021-2022). He has also been recognized as a Top 1,500 Financial Advisor in America by Barron's Magazine for seven consecutive years (2020-2026).
Ted’s primary focus revolves around goals-based financial planning and active asset management. With a deep understanding of company benefit plans, Ted grew a particular passion for helping families navigate their way to one of life’s most meaningful rites of passage, retirement. From families in the workforce who are focused on wealth accumulation to retirees who are now thinking about estate and legacy planning, Ted strives to provide thoughtful guidance every step of the way. Taking the time to understand what matters most to each of his clients allows him to provide an ongoing and adaptable financial plan that acts as the foundation to his client’s most important decisions.
Outside the office, Ted enjoys skiing, exercising, and spending time with his wife Wendy and their three daughters, Stephanie, Andie, and Kelsey. He also serves on the board of trustees for Riverview School in Sandwich, Massachusetts.
(2024-2026) Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded 2024-2026) Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award.
(2018-2025) Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded 2018-2025). Data compiled by SHOOK Research LLC based on a 12-month time period concluding in June of year prior to the issuance of the award.
(2020-2026) Barron's Top 1,500 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,200 Financial Advisors: State-by-State and Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com (Awarded 2020-2026). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
(2021, 2022) Forbes America's Top Wealth Advisors
Source: Forbes.com (Awarded 2021, 2022) Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of the year the award was issued.
Ted’s primary focus revolves around goals-based financial planning and active asset management. With a deep understanding of company benefit plans, Ted grew a particular passion for helping families navigate their way to one of life’s most meaningful rites of passage, retirement. From families in the workforce who are focused on wealth accumulation to retirees who are now thinking about estate and legacy planning, Ted strives to provide thoughtful guidance every step of the way. Taking the time to understand what matters most to each of his clients allows him to provide an ongoing and adaptable financial plan that acts as the foundation to his client’s most important decisions.
Outside the office, Ted enjoys skiing, exercising, and spending time with his wife Wendy and their three daughters, Stephanie, Andie, and Kelsey. He also serves on the board of trustees for Riverview School in Sandwich, Massachusetts.
(2024-2026) Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded 2024-2026) Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award.
(2018-2025) Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded 2018-2025). Data compiled by SHOOK Research LLC based on a 12-month time period concluding in June of year prior to the issuance of the award.
(2020-2026) Barron's Top 1,500 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,200 Financial Advisors: State-by-State and Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com (Awarded 2020-2026). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
(2021, 2022) Forbes America's Top Wealth Advisors
Source: Forbes.com (Awarded 2021, 2022) Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of the year the award was issued.
Securities Agent: FL, ID, TN, IN, HI, DE, WA, PA, OH, ME, MA, DC, WI, UT, RI, NV, NJ, IL, PR, MS, MI, LA, KS, IA, AK, NE, CA, TX, KY, GA, CT, VA, OR, OK, ND, AZ, AL, MO, SC, NM, NC, MD, NY, MT, MN, CO, AR; General Securities Representative; Investment Advisor Representative
About Alan Panozzo
Alan joined Morgan Stanley as a Wealth Management Associate in 2016 and has over 25 years of industry experience. Prior to joining Morgan Stanley, Alan was a financial advisor at Union Bank of Switzerland (UBS). Alan has a particular focus on security analysis and portfolio management which entails analyzing, monitoring, and re-balancing client accounts. He also assists clients in constructing goal based financial plans. Alan helps analyze client financial plans and assists in aligning their investments to their financial goals. Alan earned a Bachelor of Business Administration degree in finance from Benedictine University and graduated with magna cum laude honors. He holds the FINRA Series 7 and 66 licenses and is a Chartered Financial Analyst® (CFA®) charterholder. Alan has been a member of the CFA® Society of Chicago since 2004. He also earned his Certificate in Financial Planning through Northwestern University and then obtained the Certified Financial Planner™ designation in 2019.
Alan and his wife, Cheryl, have two sons. Alan enjoys exercising, gardening, and coaching his sons’ athletic teams in his free time.
Alan and his wife, Cheryl, have two sons. Alan enjoys exercising, gardening, and coaching his sons’ athletic teams in his free time.
About Jason Darfler
Jason has been with the Davis Wealth Management Group since 2004. The heart of what Jason does revolves around helping families prepare for their transition to retirement. Every situation is unique and that’s why he takes time to speak with and educate clients to help ensure they are adequately prepared for their next chapter in life. Jason’s background includes 401(k) planning, corporate pension plans, and Social Security benefit analysis. He earned a B.S. in finance from the University of Illinois at Chicago. Jason holds the FINRA Series 7 and 66 licenses and completed his Chartered Retirement Planning Counselor™ designation in 2012. He also earned his Certificate in Financial Planning through Northwestern University and then obtained the Certified Financial Planner™ designation in 2019.
Jason’s interests include riding his Harley, playing hockey, and being involved in numerous projects at Willow Creek Community Church. Jason and his wife, Cheryl, also have 3 daughters that they enjoy together.
Jason’s interests include riding his Harley, playing hockey, and being involved in numerous projects at Willow Creek Community Church. Jason and his wife, Cheryl, also have 3 daughters that they enjoy together.
About Tex Nayak
Tex’s career began at UBS as an intern in 2006 while he was completing his bachelor’s degree at the University of Illinois-Chicago. Tex focuses on many of the behind-the-scenes areas that are vital to both our group and our clients. His main areas of emphasis include creating financial plans, assisting in the orchestration of our various speaking engagements and conducting research for our portfolio managers. Tex holds the FINRA Series 7 and 66 licenses and completed his Chartered Retirement Planning Counselor™ designation from the College of Financial Planning in 2019.
He enjoys playing golf and traveling to different states with his wife Sheetal and their son and daughter.
He enjoys playing golf and traveling to different states with his wife Sheetal and their son and daughter.
About Michelle Jennings
Michelle began her career in the financial services industry after earning her bachelor’s degree in finance at Governors State University in 1999. She holds the FINRA Series 7 and 66 licenses. Michelle works closely with clients to help them with the account opening, transfers and distributions process. Being a veteran of the wealth management industry with experience in the banking field as well, Michelle is well equipped to assist clients with all of their service needs.
In their free time, Michelle and her husband Darrel, attend wine tastings, garden, and spend time with their families and friends.
In their free time, Michelle and her husband Darrel, attend wine tastings, garden, and spend time with their families and friends.
About Marina Dobinson
Marina joined The Davis Wealth Management team full time in November 2015, after participating in the internship program for eight months. She received her bachelor's degree in Finance from DePaul University. Marina strives to create close personal relationships with clients, while servicing them with their account needs on a day to day basis. Clients typically find Marina most helpful when they are looking to open or transfer retirement and non-retirement accounts. She also assists clients with withdrawing and depositing funds when needed.
Marina enjoys trying new restaurants, traveling with her husband Freddy, and spending time with her family.
Marina enjoys trying new restaurants, traveling with her husband Freddy, and spending time with her family.
About Stephanie Davis
Stephanie joined the Davis Wealth Management Group at Morgan Stanley as a Portfolio Management Associate in 2024. In her current role, she focuses on facilitating communication & engagement with clients, creating financial plans, and supporting the portfolio managers. Before joining the team, Stephanie was a Senior Investment Associate at Northern Trust Wealth Management. Stephanie began her career as an analyst at Goldman Sachs Asset Management, following graduation from the University of Michigan with a bachelor's degree in Economics. She currently holds the FINRA Series 7, 63, and 65 licenses.
Stephanie's initial interest in the dynamic and ever-changing landscape of financial markets has evolved into an aspiration to help educate individuals of all generations on the power of investing to achieve their lifetime goals.
Outside the office, Stephanie enjoys spending time with her family and their dogs, skiing, and playing volleyball with friends.
Stephanie's initial interest in the dynamic and ever-changing landscape of financial markets has evolved into an aspiration to help educate individuals of all generations on the power of investing to achieve their lifetime goals.
Outside the office, Stephanie enjoys spending time with her family and their dogs, skiing, and playing volleyball with friends.
About Lilly Halliday
Lilly began at the Davis Wealth Management Group by participating in the internship program for eleven months and joined the team full time in July of 2024. Lilly strives to build meaningful relationships with families while helping them prepare for their transition to retirement. Her role within the team consists of creating personalized financial plans, prospecting connections with potential clients, and helping coordinate seminars and events. She received her BBA in Finance from Loyola University Chicago and holds the FINRA Series 7 and 66 licenses.
In her free time, Lilly enjoys traveling to new places, unwinding on Lake Michigan, and spending time with her family.
In her free time, Lilly enjoys traveling to new places, unwinding on Lake Michigan, and spending time with her family.
About Andie Davis
Andie joined the Davis Wealth Management Group at Morgan Stanley as a Client Relationship Analyst in 2024. In her current role, Andie works to support relationship building with clients. She has always enjoyed connecting with others and learning about their lives, stories, and perspectives. In her previous role, she worked as a UX Researcher, moderating in-depth research interviews with various groups of users to uncover how websites and software can be more accessible and user friendly.
Outside of work, Andie enjoys trying new restaurants and coffee shops, cooking, and exploring New York City.
Outside of work, Andie enjoys trying new restaurants and coffee shops, cooking, and exploring New York City.
About Carson Fellows
Carson joined the Davis Wealth Management Group at Morgan Stanley in May 2025 as a Client Service Associate. Prior to joining the team full time, he gained experience as both an Accounting Intern and a Digital Marketing Intern, where he developed strong client service and operational skills. In his current role, Carson focuses on connecting with prospective clients and supporting the team’s efforts to build new relationships.
Carson graduated Summa Cum Laude from Benedict College, where he earned a B.S. in Finance while balancing the demands of being a student-athlete. He holds the FINRA Series 7 and 66 licenses.
Outside of work, he enjoys working out, golfing, and spending time with friends and family. Originally from Naples, Florida, he brings a strong work ethic, personal warmth, and a service-first mindset to every client interaction.
Carson graduated Summa Cum Laude from Benedict College, where he earned a B.S. in Finance while balancing the demands of being a student-athlete. He holds the FINRA Series 7 and 66 licenses.
Outside of work, he enjoys working out, golfing, and spending time with friends and family. Originally from Naples, Florida, he brings a strong work ethic, personal warmth, and a service-first mindset to every client interaction.
About Matthew Sewall
Matt is a Client Service Associate for the Davis Wealth Management Group and a graduate of The University of Oklahoma with a B.S in Finance and Energy Management. He joined the team in June 2025, leveraging knowledge from his previous role in Treasury where he developed exceptional analytical and interpersonal skills. In his current position, Matt is responsible for prospecting and building relationships to support the team in expanding client outreach. He is currently expanding his industry knowledge and is eager to advance his career in wealth management.
Outside of the office, Matt enjoys pickleball and basketball, as well and spending quality time with his family, friends and most importantly dogs.
Outside of the office, Matt enjoys pickleball and basketball, as well and spending quality time with his family, friends and most importantly dogs.
Contact Ted Davis
Awards and Recognition
Barron's Top 1,500 Financial Advisors: State-by-State
Barron's Top 1,500 Financial Advisors: State-by-State Source: barrons.com (Awarded Mar 2026) Data compiled by Barron's for the period October 2024 - September 2025.
Barron's Top 1,200 Financial Advisors: State-by-State
2020-2025 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: Barrons.com (Awarded 2020-2025). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
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Wealth Management
From Our Team
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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
A Simple Six-Step Retirement Checkup
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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
Iran Conflict: Seven Takeaways for Investors
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Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Ready to start a conversation? Contact The Davis Wealth Management Group today.
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.
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 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.
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 | Morgan Stanley
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 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.
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 | Morgan Stanley
CRC 4665150 (8/2025)
