Phone:
(312) 443-6216(312) 443-6216
The Graysen Group at Morgan Stanley
Our Mission Statement
We pride ourselves on understanding the unique needs of high-net-worth clients like you and commit to delivering high quality service with a wide array of investment solutions.
Our Story and Services
As your Financial Advisors, we can help you define and strive to meet your goals by delivering a vast array of resources to you in the way that is most appropriate for how you invest and what you want to achieve. We have experience with the unique challenges, styles and strategies that distinguish wealthy investors. We will work with you to help you preserve and grow your wealth, relying on the insights of seasoned investment professionals, a premier trading and execution platform and a full spectrum of investment choices.
Morgan Stanley serves many of the world’s most sophisticated investors, and our firm is one of the nation’s leading firms to help clients with their personal wealth.
Morgan Stanley serves many of the world’s most sophisticated investors, and our firm is one of the nation’s leading firms to help clients with their personal wealth.
Services Include
- Retirement PlanningFootnote1
- Alternative InvestmentsFootnote2
- 401(k) Rollovers
- Trust ServicesFootnote3
- Corporate Pension Plans
- Business PlanningFootnote4
- Wealth ManagementFootnote5
- Wealth PlanningFootnote6
- UGMA/UTMAFootnote7
- Trust AccountsFootnote8
- Executive Financial ServicesFootnote9
- Executive Benefit ServicesFootnote10
- Exchange Traded FundsFootnote11
- Estate Planning StrategiesFootnote12
- Endowments and FoundationsFootnote13
- Divorce Financial AnalysisFootnote14
- Defined Contribution PlansFootnote15
- Corporate Retirement PlansFootnote16
- Corporate Investment SolutionsFootnote17
- Corporate BondsFootnote18
- Certificates of DepositFootnote19
- Business Succession PlanningFootnote20
- Asset Management
- Cash ManagementFootnote21
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Our Approach Working With You
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 enables us to work with you to craft a solution that helps to meet your individual financial needs:
• Develop a thorough understanding of your financial goals and objectives
• Review and analyze your current financial situation
• Identify and tailor solutions that can help you meet your individual needs
• Implement your customized strategy, including personalized services and benefits
• Review your strategy, meeting periodically to discuss your goals and needs
Whatever your financial goal—whether to grow your wealth, preserve it or pass it on to others, you can count on us to help you with a strategy that is personal, flexible, and comprehensive.
Our Values
We serve as a sounding board for all your financial (qualitative and quantitative) needs. We try to understand what's on your mind and in your heart for wealth management. We help you get to your wealth comfort zone. In a constantly changing environment, we are your steady guide with sound solutions to meet your ever-evolving wealth management needs. We focus on the 'personal' in personal finance. We work to earn your trust and confidence every day.
Our Beliefs
We take to heart our role in your life. We know it took years of hard work, tough choices and sacrifices that made this possible for you and your family. We understand that managing this wealth is essential to your hopes and dreams for the future. We help you navigate through financial situations to achieve your life goals and give you confidence in your financial future. We guide you on wealth management opportunities, stand by our service and rest with our integrity.
Our Focus
Your unique needs and considerations are serviced from a wealth management perspective with a single point of access. We have developed a nuanced understanding of the investment challenges and opportunities for different parts of the world and can recommend highly customized strategies to help you address your specific goals. You get the advantage of the scale, scope and commitment of a truly global institution, in the most cost-effective and efficient manner.
Our Actions
Our disciplined process enables us to work with you to craft a strategy that helps to meet your individual financial needs. Whatever your financial goal—whether to grow your wealth, preserve it or pass it on to others, you can count on us to help you with a strategy that is personal, flexible, time-tested and comprehensive.
Online Tools and Features Available To You
Morgan Stanley strives to ensure it serves clients on its technology platforms that are resilient, safe, efficient, and smart. As a part of our services, these resources are readily available to all of our clients. Learn more about each tool and feature to see how it can easily help you manage and secure your financial journey.
Morgan Stanley Online
Beyond viewing your account balance and activity, Morgan Stanley Online (MSO) has a suite of features that allow you to manage your everyday finances from paying bills and sending money to transferring funds and authorizing transactions with eAuthorizations.
Total Wealth View
It's hard to see the complete picture with only half the details. As a Morgan Stanley client, you can now conveniently view your accounts from other financial institutions on Morgan Stanley Online or by using the Morgan Stanley Mobile App, giving you a more complete financial picture.
Online Security Center
At Morgan Stanley, safeguarding your assets and personal information is among our highest priorities. Learn about our security measures and use our resources and ideas to help protect yourself online.
eDelivery
eDelivery provides you with the ability to view statements and other Firm documents electronically in lieu of paper. Clients who are registered in Morgan Stanley Online may enroll in eDelivery to securely save, print, send, and receive documents at any time.
Morgan Stanley Mobile App
Securely access your Morgan Stanley account from virtually anywhere. Simply download it on your mobile device and use your Morgan Stanley Online username and password to log in. From there you will have the resources of MSO on the go.
Digital Vault
Digital Vault lets you easily and conveniently manage and share life's most important documents, such as wills, deeds and estate plans, as well as financial statements and tax filings.
Spending and Budgeting Tool
Track spending habits, categorize expenses and create budgets across your Morgan Stanley and external financial accounts. Our Spending and Budgeting Tool makes it easy for you and your Financial Advisor to see your complete financial picture.
Portfolio Risk Platform
Portfolio Risk Platform – Powered by Aladdin is a risk management platform that provides comprehensive risk estimation and reporting across a broad range of asset classes and security types. This platform provides a holistic view to better enable risk to be effectively monitored and managed.
Insights & Resources:
Financial Education
Financial literacy means being equipped with the knowledge to make smart financial decisions during every stage of your life. It's never too early to start improving financial literacy in your family. A great first step is covering the basics. Refresh your own knowledge—and while you're at it, share what you learn with your loved ones.
2025 Federal Income Tax Tables
For help filing your taxes this year, our team has published the 2025 tax tables for your reference. Please click the link below to view them.
Are these GEN AI's Next Big Winners?
Companies that offer generative AI solutions saw their valuations rise in 2023.
This year, investors should look at the companies adopting these solutions.
Weekly Research Report
The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance and fixed income.
What to Do If You Are Off Track on Your Goals
Don't worry if your financial goals look out of reach now based on what you've saved. There are ways to adjust course that are easier than you may think.
What is Tax-Loss Harvesting?
Learn about tax-loss harvesting and how some investors use it to opportunistically reduce their current tax bills.
Thoughts On The Market Podcast
With perspectives on the forces shaping the market, join Mike Wilson, Chief Investment Officer and Chief US Equity Strategist for Morgan Stanley, as he and his colleagues discuss a variety of viewpoints regarding the latest trends in the financial marketplace.
Reserved Living & Giving
Reserved Living & Giving is a tiered complimentary loyalty program that rewards Morgan Stanley's most valued clients. Members can enjoy special discounts and timely insights to support them at home and beyond.
Financial Wellness
Financial Wellness is a customizable and comprehensive solution that empowers employees by making their finances a source of wellness rather than a source of stress. We are here to help employees better understand and maximize their company-sponsored benefits, provide thoughtful guidance and insights about their workforce, and offer tailored advice to help meet an employee's specific financial goals, including student loan repayment and college savings solutions.
Family Office Resources
Family Office Resources (FOR) is a helpful resource that provides specialized technical expertise to ultra-high net worth advisors and clients across a broad range of family wealth management issues.
Location
233 S Wacker Dr
Ste 8600
Chicago, IL 60606
US
Direct:
(312) 827-6500(312) 827-6500
Meet The Graysen Group
Phone:
(650) 234-5153(650) 234-5153
Senior Vice President, Financial Advisor, Portfolio Management Director
Phone:
(312) 419-3557(312) 419-3557
Phone:
(312) 419-3430(312) 419-3430
Cristina Chiper
Vice President, Group Director
Phone:
(312) 443-6245(312) 443-6245
James B Johnson
Registered Associate
Phone:
(312) 443-6063(312) 443-6063
Craig Yong
Registered Associate
Phone:
(312) 827-6941(312) 827-6941
About Steven Goodwin
Steven Goodwin is a Sr. Vice President and Portfolio Management Director at Morgan Stanley in their Wealth Management Division since 2008 and originally joined the firm from Bear, Stearns & Co. in 2000.
Prior to his portfolio management duties at Bear Stearns, Goodwin worked as a financial advisor with UBS Paine Webber in Chicago, developing wealth management strategies for the firm’s high net-worth client group and establishing retirement plans for small and mid-sized companies. In his current position with Morgan Stanley, Goodwin is a portfolio management director and senior vice president, overseeing portfolios and the wealth management needs for private clients, foundations and family offices.
Mr. Goodwin is a past member on the Board of Directors of the Union League Club of Chicago. Formerly serving as the chair the House Committee.
Goodwin attended the University of Oregon, studying political science and history. He is also a veteran of the United States Army, having served in the Army from 1984 to 1988 with the 7th Infantry Division as a Recon Platoon, Sniper Team Leader with the Headquarters and Headquarters Company (HHC) of the 4th Battalion 17th Infantry Regiment.
Goodwin also attended numerous combat leadership and tactical training courses. He is also recognized by the Dept. of the Army and holds the honor of “Distinguished Member of the 17th Infantry Regiment” for displaying exemplary service and demonstrating a high level of “Esprit de Corps”.
Additionally, he has served as the founding chairman of the Veterans Advisory Council at National Louis University in Chicago. In 2016 he was awarded an honorary doctorate degree from National Louis for his work in advancing veteran education outcomes.
Goodwin was recognized by the National Infantry Association in 2013 and was selected as a recipient of the Order of Saint Maurice for his continued support of the Infantry and the U.S. Army.
Prior to his portfolio management duties at Bear Stearns, Goodwin worked as a financial advisor with UBS Paine Webber in Chicago, developing wealth management strategies for the firm’s high net-worth client group and establishing retirement plans for small and mid-sized companies. In his current position with Morgan Stanley, Goodwin is a portfolio management director and senior vice president, overseeing portfolios and the wealth management needs for private clients, foundations and family offices.
Mr. Goodwin is a past member on the Board of Directors of the Union League Club of Chicago. Formerly serving as the chair the House Committee.
Goodwin attended the University of Oregon, studying political science and history. He is also a veteran of the United States Army, having served in the Army from 1984 to 1988 with the 7th Infantry Division as a Recon Platoon, Sniper Team Leader with the Headquarters and Headquarters Company (HHC) of the 4th Battalion 17th Infantry Regiment.
Goodwin also attended numerous combat leadership and tactical training courses. He is also recognized by the Dept. of the Army and holds the honor of “Distinguished Member of the 17th Infantry Regiment” for displaying exemplary service and demonstrating a high level of “Esprit de Corps”.
Additionally, he has served as the founding chairman of the Veterans Advisory Council at National Louis University in Chicago. In 2016 he was awarded an honorary doctorate degree from National Louis for his work in advancing veteran education outcomes.
Goodwin was recognized by the National Infantry Association in 2013 and was selected as a recipient of the Order of Saint Maurice for his continued support of the Infantry and the U.S. Army.
Securities Agent: AZ, WA, TX, SC, OH, NH, IN, HI, MN, KY, DC, WI, NJ, MO, NM, NV, ID, CO, CA, AR, NC, ME, CT, AK, PA, IL, WY, MI, LA, FL, MA, GA, NY, OR; General Securities Representative; Investment Advisor Representative
NMLS#: 1312551
NMLS#: 1312551
About John Campbell
John Campbell is a Senior Vice President, Wealth Management, for Morgan Stanley. With over thirty years’ experience in the fixed income markets, John concentrates on evaluating opportunities across the credit spectrum in the global bond markets. He brings this experience and insight to serve private clients and domestic and international clients across industries including biotechnology, software as a service (SaaS) and big data among others.
John was previously with J.P. Morgan Securities, UBS and Lehman Brothers where he focused on treasury and corporate cash investments for public/private companies. His previous career experience in the fixed income markets was with Nomura International Plc. in London and Hong Kong, J.P. Morgan Securities in Singapore and Credit Suisse First Boston in Tokyo. During his 12 year tenure in the international markets, John traded European sovereign debt, corporate and supranational debt instruments and also acted as a sales/trader of investment grade and non-investment grade structured credit products.
John graduated from the University of California, Berkeley with a B. A. in Social Science, and an emphasis in Economics and History. John lives in Walnut Creek, CA and has four children, 21-year-old boy/girl twins, and two younger sons, ages 17 and 13. John spends his free time with his children coaching Little League and playing various sports. He also enjoys photography, travel and other outdoor activities.
The individuals mentioned as the Portfolio Management Team are Financial Advisors with Morgan Stanley participating in the Morgan Stanley Portfolio Management program. The Portfolio Management program is an investment advisory program in which the client’s Financial Advisor invests the client’s assets on a discretionary basis in a range of securities. The Portfolio Management program is described in the applicable Morgan Stanley ADV Part 2, available at www.morganstanley.com/ADV or from your Financial Advisor.
John was previously with J.P. Morgan Securities, UBS and Lehman Brothers where he focused on treasury and corporate cash investments for public/private companies. His previous career experience in the fixed income markets was with Nomura International Plc. in London and Hong Kong, J.P. Morgan Securities in Singapore and Credit Suisse First Boston in Tokyo. During his 12 year tenure in the international markets, John traded European sovereign debt, corporate and supranational debt instruments and also acted as a sales/trader of investment grade and non-investment grade structured credit products.
John graduated from the University of California, Berkeley with a B. A. in Social Science, and an emphasis in Economics and History. John lives in Walnut Creek, CA and has four children, 21-year-old boy/girl twins, and two younger sons, ages 17 and 13. John spends his free time with his children coaching Little League and playing various sports. He also enjoys photography, travel and other outdoor activities.
The individuals mentioned as the Portfolio Management Team are Financial Advisors with Morgan Stanley participating in the Morgan Stanley Portfolio Management program. The Portfolio Management program is an investment advisory program in which the client’s Financial Advisor invests the client’s assets on a discretionary basis in a range of securities. The Portfolio Management program is described in the applicable Morgan Stanley ADV Part 2, available at www.morganstanley.com/ADV or from your Financial Advisor.
Securities Agent: GA, TX, ID, FL, NM, MI, WY, WI, WA, ME, NY, NJ, IN, DC, CO, SC, PA, AZ, NH, NV, MO, MN, MA, LA, IL, AR, AK, OH, HI, CA, CT, OR, NC, KY; General Securities Representative; Investment Advisor Representative
NMLS#: 529932
NMLS#: 529932
About Christopher Wyner
Christopher B. Wyner is a CERTIFIED FINANCIAL PLANNER™ who provides comprehensive wealth management counseling with a focus on long-term investing, diversification, and tax efficiency. Chris prides himself on diligently building customized strategies designed to meet the unique financial goals and investment objectives of each client. His client relationships are founded on trust and communication. Chris is committed to helping his clients feel confident that they are making sound investment decisions during all types of market conditions. With more than nineteen years of experience in the financial services industry, sixteen of which have been with Morgan Stanley, Chris is equipped to deliver a full suite of wealth management resources to his clients including Private Banking, Insurance, Estate Planning Strategies, and Trust Services.
Prior to joining Morgan Stanley in 2008, Chris was part of the Bernstein Global Wealth Management team, servicing high-net-worth clients, and Putnam Investments in corporate marketing. He holds a B.S. in Business Administration from the University of Vermont. In his free time, Chris enjoys playing paddle tennis and spending time with his family – these days you will catch him on the weekends watching his daughter, Catherine, play field hockey, and his son, Will, play tennis.
Prior to joining Morgan Stanley in 2008, Chris was part of the Bernstein Global Wealth Management team, servicing high-net-worth clients, and Putnam Investments in corporate marketing. He holds a B.S. in Business Administration from the University of Vermont. In his free time, Chris enjoys playing paddle tennis and spending time with his family – these days you will catch him on the weekends watching his daughter, Catherine, play field hockey, and his son, Will, play tennis.
Securities Agent: LA, WY, OH, MA, KY, GA, NH, NM, MO, WA, NC, OR, NV, MI, CT, WI, SC, PA, HI, AR, TX, NY, MN, IN, DC, AZ, IL, ID, CO, CA, AK, FL, NJ, ME; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1265047
NMLS#: 1265047
About Charles Etuko
Charles Etuko is a Financial Advisor and Financial Planning Specialist at Morgan Stanley’s esteemed Graysen Group.
Charles joined Morgan Stanley in 2021 as an Analyst where he worked primarily with Management – focusing on business development, sales, service, and financial planning. Recognizing his potential, he relocated to Chicago in 2023 to enroll in the Financial Advisor Associate Program, fueling his ambition to become a Financial Advisor.
Originally from Minneapolis, Minnesota, A proud graduate of Saint John’s University (MN), Charles earned his bachelor’s degree in Global Business Leadership, he was named Eddie Phillips Scholar in 2019, and was also a member of the Johnnies’ basketball team.
At Morgan Stanley, Charles is dedicated to providing solutions tailored to his clients’ individual financial goals. Leveraging the full resources available at Morgan Stanley, he specializes in traditional financial planning, while meticulously considering tax, legal, and risk management factors to ensure his clients’ success. Additionally, he is committed to educating the next generation on financial literacy, empowering future generations in making informed financial decisions.
He currently holds his Series 7 and 66 licenses. Beyond his client-facing responsibilities, he is a leader in Diversity and Inclusion initiatives at Morgan Stanley, currently serving on the council for Chicago. He is also actively engaged in mentoring and guiding emerging talent within the organization, sharing his insights and experiences to support their career development.
Outside of his professional endeavors, Charles is deeply committed to community engagement and philanthropy. Passionate about giving back, he lends his support to various causes, including Wishes and More, a Minneapolis-based non-profit, and the Children's Hospital of Minnesota, seeking to create positive change beyond the financial sphere. As a new resident of Chicago, he actively seeks opportunities to volunteer and contribute to his local community.
Residing in Chicago's vibrant River North Neighborhood, Charles enjoys maintaining an active and adventurous lifestyle. He is passionate about fitness, basketball, travel, exploring culinary and cultural scenes, and cheering for his hometown team, the Minnesota Vikings.
With a passion for fostering growth and inclusion in the financial sector, he stays committed to his profession, embodying a dedication to service and excellence.
Charles joined Morgan Stanley in 2021 as an Analyst where he worked primarily with Management – focusing on business development, sales, service, and financial planning. Recognizing his potential, he relocated to Chicago in 2023 to enroll in the Financial Advisor Associate Program, fueling his ambition to become a Financial Advisor.
Originally from Minneapolis, Minnesota, A proud graduate of Saint John’s University (MN), Charles earned his bachelor’s degree in Global Business Leadership, he was named Eddie Phillips Scholar in 2019, and was also a member of the Johnnies’ basketball team.
At Morgan Stanley, Charles is dedicated to providing solutions tailored to his clients’ individual financial goals. Leveraging the full resources available at Morgan Stanley, he specializes in traditional financial planning, while meticulously considering tax, legal, and risk management factors to ensure his clients’ success. Additionally, he is committed to educating the next generation on financial literacy, empowering future generations in making informed financial decisions.
He currently holds his Series 7 and 66 licenses. Beyond his client-facing responsibilities, he is a leader in Diversity and Inclusion initiatives at Morgan Stanley, currently serving on the council for Chicago. He is also actively engaged in mentoring and guiding emerging talent within the organization, sharing his insights and experiences to support their career development.
Outside of his professional endeavors, Charles is deeply committed to community engagement and philanthropy. Passionate about giving back, he lends his support to various causes, including Wishes and More, a Minneapolis-based non-profit, and the Children's Hospital of Minnesota, seeking to create positive change beyond the financial sphere. As a new resident of Chicago, he actively seeks opportunities to volunteer and contribute to his local community.
Residing in Chicago's vibrant River North Neighborhood, Charles enjoys maintaining an active and adventurous lifestyle. He is passionate about fitness, basketball, travel, exploring culinary and cultural scenes, and cheering for his hometown team, the Minnesota Vikings.
With a passion for fostering growth and inclusion in the financial sector, he stays committed to his profession, embodying a dedication to service and excellence.
Securities Agent: GA, PA, MT, ID, CA, WA, NV, LA, KY, HI, CT, AK, VA, SC, NY, IN, IL, FL, AR, UT, TX, NC, MD, WI, NM, NH, ME, DC, VT, IA, AZ, WY, OR, MO, MN, MA, CO, OH, NJ, MI, KS; General Securities Representative; Investment Advisor Representative
NMLS#: 2594985
NMLS#: 2594985
About Cristina Chiper
Cristina Chiper serves as the Group Director on the team and draws on over 10 years of experience with Morgan Stanley. Cristina is passionate about cultivating relationships with new and existing clients by providing them with personalized service and ensuring clients understand and utilize the Morgan Stanley benefits readily available to them. Her attention to detail and deep understanding of our client objectives allows us to help deliver a truly exceptional wealth management experience.
Prior to her current role, she managed the day-to-day aspects of several high net worth teams at Morgan Stanley in Chicago, where she built a strong knowledge base assisting High Net Worth families who have complex needs and unique circumstances. She leveraged her experience to help teams of Financial Advisors manage all aspects of their client relationships. Her focus has been on the implementation of managed money, Alternative investments, marketing coordination and supervised social media outreach.
Cristina joined Morgan Stanley in 2014 and has more than eleven years of client service experience. Earlier in her career, she worked as an Operations and Associate Financial Representative at Northwestern Mutual. After college, Cristina interned at the Chicago Mercantile Exchange, where she worked on the trading floor as a clerk to a senior trader. While there, she evaluated and helped implement trading systems and strategies.
Cristina earned her Bachelor of Arts in business and a minor in international relations from Lake Forest College. She is fluent in Romanian and Spanish.
In her free time, you can find Cristina on the Megaformer at Studio Lagree, taking long walks along Lake Michigan, or trying to discover Chicago’s next best restaurant.
Prior to her current role, she managed the day-to-day aspects of several high net worth teams at Morgan Stanley in Chicago, where she built a strong knowledge base assisting High Net Worth families who have complex needs and unique circumstances. She leveraged her experience to help teams of Financial Advisors manage all aspects of their client relationships. Her focus has been on the implementation of managed money, Alternative investments, marketing coordination and supervised social media outreach.
Cristina joined Morgan Stanley in 2014 and has more than eleven years of client service experience. Earlier in her career, she worked as an Operations and Associate Financial Representative at Northwestern Mutual. After college, Cristina interned at the Chicago Mercantile Exchange, where she worked on the trading floor as a clerk to a senior trader. While there, she evaluated and helped implement trading systems and strategies.
Cristina earned her Bachelor of Arts in business and a minor in international relations from Lake Forest College. She is fluent in Romanian and Spanish.
In her free time, you can find Cristina on the Megaformer at Studio Lagree, taking long walks along Lake Michigan, or trying to discover Chicago’s next best restaurant.
About James B Johnson
James Johnson joined Morgan Stanley in 2024 and serves as a Registered Associate. He prides himself on developing personal relationships with clients to understand their aspirations and tailor his service to meet their goals. He enjoys thinking about clients’ finances in the broader context of their lives, helping them to feel secure in their long-term plan.
James recently moved to Chicago from Seattle, where he graduated from the Foster School of Business at the University of Washington with a BA in Business Administration. In his free time, he enjoys skiing, travel, and finding ways to practice French.
James recently moved to Chicago from Seattle, where he graduated from the Foster School of Business at the University of Washington with a BA in Business Administration. In his free time, he enjoys skiing, travel, and finding ways to practice French.
About Craig Yong
Craig Yong joined Morgan Stanley in 2024 as a Registered Associate, leaving his previous role as a chef in a Michelin starred restaurant. Craig leverages his previous experience in client facing roles as a tech consultant and as an entrepreneur, where he managed relationships with clients, business partners, and customers.
Craig moved to Chicago from Singapore to attend the University of Illinois at Chicago, where he graduated with a BA in Economics. In his free time, Craig enjoys cooking, aquarium keeping, and Brazilian jiu jitsu.
Craig moved to Chicago from Singapore to attend the University of Illinois at Chicago, where he graduated with a BA in Economics. In his free time, Craig enjoys cooking, aquarium keeping, and Brazilian jiu jitsu.
Contact Steven Goodwin
Contact John Campbell
Contact Christopher Wyner
Contact Charles Etuko
Wealth Management
From Our Team
6 Financially Smart Ways to Start 2025
Wealth Management
Global Investment Office
Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
Article Image
Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Ready to start a conversation? Contact The Graysen 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.
1When 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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
3Morgan 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.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.
5Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
6Morgan 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.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
7Morgan 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.
8Morgan 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.
9Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.
10When 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.
11An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
12Morgan 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.
13Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
14Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
15When 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.
16When 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.
17Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.
18Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
19Investors 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.
20Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.
21Morgan 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
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
1When 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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
3Morgan 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.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.
5Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
6Morgan 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.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
7Morgan 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.
8Morgan 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.
9Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.
10When 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.
11An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
12Morgan 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.
13Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
14Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
15When 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.
16When 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.
17Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.
18Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
19Investors 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.
20Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.
21Morgan 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
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)
