Jon Fedor, CFP®
Senior Vice President, Wealth Management, Financial Advisor, CERTIFIED FINANCIAL PLANNER®, Senior Portfolio Manager
Phone:
(513) 852-4460(513) 852-4460
The Fedor Group at Morgan Stanley
Direct:
(513) 721-2000(513) 721-2000
Our Mission Statement
Our goal is to become the primary source of financial advice for our clients and to empower them to make informed decisions that lead to long-term financial freedom.
Our Story and Services
The Fedor Group at Morgan Stanley is a Wealth Management team based in Cincinnati, OH. The team has had the privilege of serving the complex financial needs of families across the United States for years.
The Fedor Group is a dynamic portfolio management team, with Financial Advisors, Jon Fedor, Elizabeth Dreyer, and Nancy Del Grosso as your trusted wealth advisors. As Certified Financial Planners® and Financial Planning Specialists they have undergone a rigorous accreditation process, indicating an in-depth knowledge of the financial planning process, tax planning, retirement planning, estate planning and insurance. Currently, the group manages more than $350 million in assets.
The team focuses on developing customized strategies designed to reach their clients' unique goals by utilizing Morgan Stanley’s sophisticated research, as well as third-party professionals throughout the world, to build tailored investment portfolios. They then monitor those investments and provide proactive advice and service to help ensure continuity with your plan. Therefore, the cornerstone of discussions involves strategies to preserve wealth and mitigate risk.
The Fedor Group provides a personalized, high level service to clients with their best interests at heart. The team looks forward to becoming part of your financial future.
The Fedor Group is a dynamic portfolio management team, with Financial Advisors, Jon Fedor, Elizabeth Dreyer, and Nancy Del Grosso as your trusted wealth advisors. As Certified Financial Planners® and Financial Planning Specialists they have undergone a rigorous accreditation process, indicating an in-depth knowledge of the financial planning process, tax planning, retirement planning, estate planning and insurance. Currently, the group manages more than $350 million in assets.
The team focuses on developing customized strategies designed to reach their clients' unique goals by utilizing Morgan Stanley’s sophisticated research, as well as third-party professionals throughout the world, to build tailored investment portfolios. They then monitor those investments and provide proactive advice and service to help ensure continuity with your plan. Therefore, the cornerstone of discussions involves strategies to preserve wealth and mitigate risk.
The Fedor Group provides a personalized, high level service to clients with their best interests at heart. The team looks forward to becoming part of your financial future.
Services Include
- Financial PlanningFootnote1
- Professional Portfolio ManagementFootnote2
- Estate Planning StrategiesFootnote3
- Retirement PlanningFootnote4
- 401(k) Rollovers
- AnnuitiesFootnote5
- Life InsuranceFootnote6
- Long-term Care InsuranceFootnote7
- Alternative InvestmentsFootnote8
- Trust AccountsFootnote9
- 529 PlansFootnote10
- Planning for Education FundingFootnote11
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Working with You
Our service commitment centers around a continual assessment of your goals, investments & performance while working with your other advisors, CPAs or Attorneys, to help you identify potential opportunities, reduce fees and simplify your life. To learn more, call or send an email.
The introductions that we have received from our clients' business and personal contacts are greatly appreciated. If we can be of assistance to your colleagues, family or friends in helping them to achieve their financial goals, have them contact us.
Portfolio Diversification
Stock concentration can be a result of previous investment strategies, employee stock plans, or inherited positions. Regardless of how your portfolio became concentrated, we are prepared to help you diversify your accounts and optimize your investments.
Career Change
A change in career or positions often affects an individual's financial picture. We will work closely with you to ensure the transition into the new role is aligned with your financial plan and future goals.
Higher Education Planning
Whether you are looking to plan for your own higher education goals or a loved ones, our team is passionate about helping plan for educational achievement and success.
Retirement Planning
As you look towards your future, our team will help create a plan that focuses on financial confidence and comfort in life's later stages.
Estate and Legacy Planning
The legacy you leave has a huge impact on the people in your life who you care for the most. Estate and legacy planning ensures that those closest to you will not be tasked with difficult financial decisions in your absence.
Divorce or Death of a Spouse
During these difficult times, our promise to clients is a dedication to protecting their interests while respecting their needs and wishes.
Valuabe Tools and Resources
Our comprehensive suite of digital tools are designed to help enhance every aspect of your financial life. Below are a few of the technologies we have to offer our clients. We have also included resources meant to transform complex financial analysis and research into concise and easily digestible content.
Morgan Stanley Online
Morgan Stanley Online allows you to seamlessly and securely manage your investments and everyday finances in one place.
eDelivery
Sign up for eDelivery today and start receiving email notifications as soon as your account documents are available on Morgan Stanley Online or the Morgan Stanley Mobile App. It's quick, convenient & secure.
Total Tax 365
Taxes can be a substantial drag on investment returns. Morgan Stanley Total Tax 365 offers access to a broad range of tax-efficient strategies to help you integrate tax planning into your investment process all year long, maximize portfolio after-tax return potential and help keep more of what you earn.
Digital Vault
Digital Vault lets you easily and securely manage and share important documents such as account statements, authorizations, tax filings and other relevant documents with your Financial Advisor.
GIC on the Markets
Detailed market commentary from Morgan Stanley's thought leaders on topics such as global equities, fixed income, monetary policy and more
LifeView
Working with us, paired with our technology, is a great way to access advice and build a wealth plan. Read more about the advantages of working with our planning technology in reaching your financial goals.
Alternative Investments
Our leading alternatives platform offers 160+ third-party and proprietary funds, including first look and exclusive opportunities, that may help qualified investors enhance returns, reduce volatility, manage taxes and generate income—while maintaining a goals-based approach for asset allocation.
Morgan Stanley Blue Cash Preferred® American Express Card
A very welcoming offer. Earn a $250 statement credit with the Morgan Stanley Blue Cash Preferred® American Express Card.
A $695 Annual Engagement Bonus
For eligible Platinum CashPlus brokerage account clients with The Platinum Card® from American Express, exclusively for Morgan Stanley. Certain Morgan Stanley Debit Cardholders may also qualify. Terms apply.
529 Education Savings Plans
529 plans offer a flexible, tax-advantaged way to invest for education expenses while helping to improve estate planning. Gain fiduciary oversight of your education funding strategy within the context of your broader portfolio through the exclusive Morgan Stanley National Advisory 529 Plan.
2025 Federal Tax Tables
2025 Federal Tax Table to assist you and your family in your investment decisions.
Plan Your Legacy
Our practice is committed to addressing the needs of all generations within the families we serve.
You’ve Been Named Executor of a Parent’s Will
If you've been named the executor under your parent's Last Will and Testament (the "Will"), it quickly becomes apparent that it's a role with both emotional and administrative tasks. As the executor, you've been entrusted with the responsibility of carrying out a parent's last wishes. Knowing and understanding the responsibilities involved with overseeing the estate process is the first step to being prepared.
Behavioral Finance
While people are supposed to act in their own self-interest and make logical decisions, human beings are much more inclined to act emotionally when it comes to money – that's the core principle behind a school of thought called Behavioral Investing.
Top Cybersecurity Terms You Need to Know
Having a basic understanding of cyber terminology and jargon—and staying up to date about new schemes—can go a long way towards keeping your money, identity, and family safe.
Caring For Your Aging Parents
We can assist with preparing for future care and protecting what your parents have dedicated their lives to build. There will come a time when your parents need your help. We have helped our clients identify the signs and the required steps for supporting their aging family members
Good Habits for Raising Money-Savvy Children
As children mature beyond stashing coins in piggy banks and begin managing their own money through more sophisticated vehicles like savings accounts, here are 3 tips to help them build good financial habits.
Education Saving Planning
Within the context of your overall wealth strategy, we are here to help you plan for future education expenses using best practices and presenting you with appropriate options for your college savings strategy.
Upcoming Firm Events
We hope you will join us for this upcoming event.
AI Revolution: The Breakthrough, the Buzz and a Blueprint for the Future
We invite you to watch the replay from our thought-provoking conversation on artificial intelligence (AI) with James Dyett, OpenAI's Head of Enterprise & Strategic Sales, Keith Weiss, Morgan Stanley's Head of U.S. Software Research Jeff McMillan, Morgan Stanley's Head of Firmwide Artificial Intelligence, recorded on Monday, March 24.
CRC4303146 03/2025
Online
Additional Replays
Location
221 East 4th St Atrium Two 22
Fl
Cincinnati, OH 45202
US
Direct:
(513) 721-2000(513) 721-2000
Meet The Fedor Group
Phone:
(513) 852-4457(513) 852-4457
Nancy L Del Grosso
Senior Vice President, Wealth Management, Financial Advisor, Senior Portfolio Manager, Financial Planning Specialist
Phone:
(513) 852-4483(513) 852-4483
Vernelle Russo-Rados
Business Development Associate, Assitant Vice President
Phone:
(513) 852-4488(513) 852-4488
Jennie Bueter
Portfolio Associate
Phone:
(513) 852-4456(513) 852-4456
Kimberly Burford
Senior Registered Associate
Phone:
(513) 852-4489(513) 852-4489
About Jon Fedor
Jon’s primary focus is to work with individuals and families to understand how their money can be used to accomplish their goals and help them visualize the “big picture” of their financial lives.
Jon believes that success in achieving important financial goals, regardless of the type of investor you are, is dependent on executing a comprehensive wealth strategy. By carefully defining what is most important at the outset, Jon then follows a consistent process to formulate strategies that are best suited to meet your investment, retirement, estate, and a liability needs.
Jon graduated cum laude from Miami University in 2001 with degrees in Finance and Management Information Systems. Upon graduation, Jon worked as an IT analyst for two years and then jumped at the opportunity to work with his Father as a member of what was the Fedor Group at Morgan Stanley. After serving as a Client Service Associate for two years, Jon earned his CERTIFIED FINANCIAL PLANNER™ certification in 2009.
Jon resides in Erlanger, KY with his wife Becky, and their two children and Goldendoodle. In addition to his role within the team, Jon is an active member of the St. Pius X Parish Festival Committee and was previously a Youth Soccer Coach. Jon believes in making an impact in the community by being involved directly.
Jon believes that success in achieving important financial goals, regardless of the type of investor you are, is dependent on executing a comprehensive wealth strategy. By carefully defining what is most important at the outset, Jon then follows a consistent process to formulate strategies that are best suited to meet your investment, retirement, estate, and a liability needs.
Jon graduated cum laude from Miami University in 2001 with degrees in Finance and Management Information Systems. Upon graduation, Jon worked as an IT analyst for two years and then jumped at the opportunity to work with his Father as a member of what was the Fedor Group at Morgan Stanley. After serving as a Client Service Associate for two years, Jon earned his CERTIFIED FINANCIAL PLANNER™ certification in 2009.
Jon resides in Erlanger, KY with his wife Becky, and their two children and Goldendoodle. In addition to his role within the team, Jon is an active member of the St. Pius X Parish Festival Committee and was previously a Youth Soccer Coach. Jon believes in making an impact in the community by being involved directly.
Securities Agent: DC, GA, TX, NH, MD, WA, KY, CO, VA, SC, NC, CT, WV, TN, OH, MO, PA, CA, FL, IL, WI, MI, AZ, IN; General Securities Representative; Investment Advisor Representative; Managed Futures
About Elizabeth Dreyer
Elizabeth Dreyer, CFP®️ is a Financial Advisor and a member of The Fedor Group at Morgan Stanley. She has been with Morgan Stanley since 2018 and is a CERTIFIED FINANCIAL PLANNER (CFP®️) and a Certified Divorce Financial Analyst (CDFATM). Elizabeth also holds a CPA (nonpracticing at Morgan Stanley) and started her career at KPMG auditing the financial statements of public and private companies in manufacturing, maritime and retail industries. After ten years in accounting and corporate finance, Elizabeth spent two years in nursing home administration guiding families through the long-term care process. She currently serves as a board member for Companions on a Journey, a non-profit organization based in West Chester, Ohio, that provides bereavement and educational services to help those who grieve and educates those who do not understand the world of grief.
Elizabeth strives to take her clients relationships beyond financial advice. She does this by being a safe place for her clients to turn to when making important life decisions. Her passion for building client relationships and providing exceptional care started in her childhood as she learned from her father’s journey as a business owner and entrepreneur and saw firsthand how treating clients like family and always being curious led to his personal and professional success. Elizabeth believes that true financial well-being goes beyond numbers –it’s about creating a secure and fulfilling life.
Outside of the office, Elizabeth enjoys family time with her husband and their three children. Together you might find them outdoors or taking in Cincinnati attractions including the Cincinnati Zoo and Kings Island. Elizabeth also enjoys playing pickleball, working out, and attending concerts with her husband, Nash.
Elizabeth strives to take her clients relationships beyond financial advice. She does this by being a safe place for her clients to turn to when making important life decisions. Her passion for building client relationships and providing exceptional care started in her childhood as she learned from her father’s journey as a business owner and entrepreneur and saw firsthand how treating clients like family and always being curious led to his personal and professional success. Elizabeth believes that true financial well-being goes beyond numbers –it’s about creating a secure and fulfilling life.
Outside of the office, Elizabeth enjoys family time with her husband and their three children. Together you might find them outdoors or taking in Cincinnati attractions including the Cincinnati Zoo and Kings Island. Elizabeth also enjoys playing pickleball, working out, and attending concerts with her husband, Nash.
Securities Agent: OH, NC, MN, CA, PA, IN, AZ, WV, WA, TX, CT, CO, MD, IL, VA, IA, DC, WI, TN, NH, MI, KY, GA, AL, SC, FL, MO; General Securities Representative; Investment Advisor Representative
NMLS#: 1894341
NMLS#: 1894341
About Nancy L Del Grosso
Securities Agent: IL, WI, SC, NC, TX, AZ, TN, IN, DC, CO, GA, WV, VA, PA, MO, MI, MD, CT, CA, WA, NH, OH, KY, FL; General Securities Representative; Investment Advisor Representative
About Vernelle Russo-Rados
As a licensed investment professional, Nellie holds the title of Assistant Vice President of the Fedor Carnes Group at Morgan Stanley.
Her past careers as a financial planner, insurance liaison and mutual company representative makes her a solid contributor to the team. With her varied professional background it enables her to assist in developing customized wealth management strategies for clients utilizing life insurance, annuities and long-term care insurance as part of overall wealth management plan. Nellie earned the College of Financial Planning's Chartered Mutual Fund Counselor designation in 1999.
Nellie is active with the Adopt A Class organization in Ohio with Cincinnati Public Schools.
She has one daughter, 4 step children and 10 grandchildren.
Her past careers as a financial planner, insurance liaison and mutual company representative makes her a solid contributor to the team. With her varied professional background it enables her to assist in developing customized wealth management strategies for clients utilizing life insurance, annuities and long-term care insurance as part of overall wealth management plan. Nellie earned the College of Financial Planning's Chartered Mutual Fund Counselor designation in 1999.
Nellie is active with the Adopt A Class organization in Ohio with Cincinnati Public Schools.
She has one daughter, 4 step children and 10 grandchildren.
Contact Jon Fedor
Contact Elizabeth Dreyer
Contact Nancy L Del Grosso
Wealth Management
Global Investment Office
Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Ready to start a conversation? Contact The Fedor Group today.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
1Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3Morgan 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.
4When 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.
5Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8Alternative 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.
9Morgan 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.
10Investors 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.
11When 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.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
1Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3Morgan 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.
4When 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.
5Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8Alternative 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.
9Morgan 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.
10Investors 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.
11When 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.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
