Jay Hesdorffer
Senior Vice President, Financial Advisor, Financial Planning Specialist
Phone:
(312) 917-7440(312) 917-7440
The Hesdorffer Team at Morgan Stanley
Direct:
(312) 917-7440(312) 917-7440
Our Mission Statement
We provide tailored wealth management, providing the tools and resources individuals and families need to help them live their best lives – to achieve the most complex and the simplest of goals and navigate the unexpected surprises along the way.
Our Story
AS YOUR TRUSTED PARTNER:
- We provide you with a solid foundation for your wealth planning to fortify you with confidence and help you and your family live your best life.
- We work with you as things change in the financial world and in your world.
- We set your financial compass to the milestones in your life, and align your investment plan to what's most important to you.
OUR RELATIONSHIP IS BUILT ON TRUST:
- We coordinate with your tax and legal professionals, providing you with a holistic approach and a high standard of care that emphasizes risk control, tax efficiency and proper estate planning.
- We think strategically about what's best for you and your family, anticipating your needs and challenges, from the simplest to the most complex.
- We are honored to be your partner in wealth management, building a solid foundation – one conversation at a time – that lays the groundwork for generations to come.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Awards
Our team is honored to have received numerous recognitions over the years. Below is a comprehensive list of individual awards we have been privileged to earn.
The Hesdorffer Team Named to Forbes Best-In-State Wealth Management Teams 2023, 2024, 2025
It's an honor for The Hesdorffer Team to have made the Forbes Best-In-State Wealth Management Teams list for 2023, 2024, and 2025. The entire team is very grateful for the trust that our clients have placed in us and for our team's continued commitment to excellence.
Marietta Drives to the Heart of the Matter
The MAKERS award is an initiative dedicated to celebrating the stories of leaders who are drivers and champions of women's achievement. The program highlights individuals who have shown resiliency, innovation, and a strong commitment to the firm, clients, and colleagues.
Jay Hesdorffer Named to Forbes Best-In-State Wealth Advisors 2022, 2023, 2024, 2025
The Forbes Best-in-State wealth Advisors Award recognizes top financial advisors across the U.S. who demonstrate professionalism and dedication to the needs of their valued clients.
Marietta named to MAKERS Class of 2018 by Morgan Stanley Wealth Management
The MAKERS award is an initiative dedicated to celebrating the stories of leaders who are drivers and champions of women's achievement. The program highlights individuals who have shown resiliency, innovation, and a strong commitment to the firm, clients, and colleagues.
Marietta received the NAWBO, National Association of Women Business Owners, 2017 Corporate Women of Achievement Award
The NAWBO Award, presented by the National Association of Women Business Owners, honors outstanding women who demonstrate exceptional leadership, innovation, and community impact. It recognizes individuals who embody NAWBO's mission of empowering women business owners through advocacy, education, and networking.
Vic Katwala Named to Forbes Top Next-Gen Wealth Advisors Best-In-State 2023, 2024
The "Next Gen Advisors Best-ln-State" award is a recognition given to a select group of financial advisors who represent the future of the industry. The award highlights financial advisors who have demonstrated a commitment to excellence in their field.
Jay Hesdorffer received the Morgan Stanley Community Service Leadership Award 2018
The community service award category includes awards that recognize advisors for activities outside of their role as financial advisors.
What do you need to do now..?
Morgan Stanley's comprehensive suite of digital resources has carefully been designed to help enhance each aspect of your financial portfolio. Take some time to learn about some of the many Modern Wealth Management resources that we offer to our clients.
View Your Portfolio
Morgan Stanley's comprehensive suite of digital resources has carefully been designed to help enhance each aspect of your financial portfolio. Take some time to learn about some of the many Modern Wealth Management resources that we offer to our clients.
Learn more about Morgan Stanley Online
LifeView
LifeView is a powerful financial planning tool designed to gauge the probability of success in funding your goals- namely retirement. It allows you to propose "What If" scenarios as you approach retirement. Call us to get started- or simply click the link below.
LifeView Questionaire
Morgan Stanley Mobile App
The Morgan Stanley Mobile App gives you the same capabilities as Morgan Stanley Online - all from the convenience of your own phone. This app also offers features to simplify your everyday finances. These include check deposit and sending money with Zelle, a convenient way to send and receive money.
Learn More
Upload External Accounts
Complete your financial profile with Total Wealth View. By linking your external account information, you will benefit from more educated and holistic wealth planning, and convenient connectivity.
Learn more about Total Wealth View
Perks
How much can you save?
With discounts from over 130 popular brands across entertainment, travel, luxury vehicles, wellness and professional services, Reserved Living & Giving provides opportunities to save on everyday luxuries as well as once-in-a-lifetime experiences.
Learn more about MS ReservedWith discounts from over 130 popular brands across entertainment, travel, luxury vehicles, wellness and professional services, Reserved Living & Giving provides opportunities to save on everyday luxuries as well as once-in-a-lifetime experiences.
Consolidate Life's Most Important Documents with Confidence
Digital Vault lets you easily, safely, and conveniently manage and share life’s most important documents, such as financial statements, authorizations, tax filings, and other relevant files.
Getting Started with Digital Vault
2025 Federal Tax Tables
This document outlines the 2025 tax rate schedule, education and health savings account limits, retirement contribution and deduction limits, among other information.
View 2025 Tax Table
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.
Learn More about our Security Center
2025 Maximum Benefit & Contribution Limits
This document highlights the maximum benefit contribution limits from 2019-2025.
View Maximum Benefit & Contribution Limits
Refer Someone Today!
If you find our resources helpful and believe family members or friends would benefit from our services, we kindly encourage you to share the following link.
The Hesdorffer TeamPREPARING THE NEXT GENERATION FOR FINANCIAL SUCCESS
Our clients often share their desire to not only pass on their wealth to the next generation, but also the family values and financial discipline that created it.
Our Next-Gen advisory service is designed to be an educational resource for our clients, their children and grandchildren. Our goal is to guide the development of their financial skills & habits as they create their own path toward financial success.
Below you will find educational material about life events your children or grandchildren can use to prepare for what lies ahead. If there is another topic you'd like us to assist with, please don't hesitate to reach out!
Our Next-Gen advisory service is designed to be an educational resource for our clients, their children and grandchildren. Our goal is to guide the development of their financial skills & habits as they create their own path toward financial success.
Below you will find educational material about life events your children or grandchildren can use to prepare for what lies ahead. If there is another topic you'd like us to assist with, please don't hesitate to reach out!
Graduating College
Armed with a college degree and a blank state, your future awaits. Exciting new adventures and challenges are on the horizon. To help ensure you're prepared for what's ahead, it's important to understand how your financial decisions today can impact your opportunities tomorrow.
Learn More
Starting Your First Job
Beginning your career can be both exciting and nerve-wracking. A crucial first step is determining which career path is right for you. Beyond that, you'll want to be up to speed on various topics like professionalism, productivity and payroll.
Learn More
The Art of Saving
Saving is more than simply putting money aside: It's a practice, a philosophy, and a tool for accumulating wealth, reaching your goals, and most importantly, achieving financial freedom. Saving is not just about retirement, it's about creating a plan to help finance your goals and dreams and the earlier you start, the better.
Learn More
The Basics of Investing
Creating an investment strategy that incorporates your lifestyle goals and tolerance for risk is essential. Setting clear goals for the short-term, long-term, and everything in between will help you decide what trade-offs you are willing to make to prepare for the important milestones ahead.
Learn More
Starting a Business
Building a business from scratch can be a lot harder and riskier than some may think, but if you are able to align your profession with your passions, it can be well worth it. The key to making your entrepreneurial dream a reality is having a clear understanding of the value your business will create, a solid plan for delivering that value, and the perseverance to see it through.
Learn More
Tying the Knot
Understanding expectations, setting common goals and mapping out life as a couple are key tenants of any health relationship, especially when two financial lives become one. As a unit it's important to share everything, from money values to credit histories.
Learn More
Buying Your First Home
This exciting moment in your life comes with significant financial and lifestyle implications. Before taking the leap it's important to evaluate all factors before signing on the dotted line. Next-Gen clients may be able to leverage their family's relationship with Morgan Stanley to help break into this tough market. Let us know if you are thinking about buying a home and we can discuss all potential options.
Learn More
Starting a Family
It's important to anticipate what to expect before you're expecting. Your monthly expenses are going to change now that you have an additional mouth to feed, and for some this might also coincide with a temporary—or more permanent—decrease in household income. By mapping out your baby budget in advance, you can help ease anxiety about counting diaper costs.
Learn MoreWhat do you need to do now..?
Morgan Stanley's comprehensive suite of digital resources has carefully been designed to help enhance each aspect of your financial portfolio. Take some time to learn about some of the many Modern Wealth Management resources that we offer to our clients.
View Your Portfolio
Your investments and everyday finances are always just a few clicks away with Morgan Stanley Online (MSO) and the Morgan Stanley mobile app! Access your finances and invest in an instant with the help of this handy resource that is available 24/7.
Learn more about Morgan Stanley Online
Upload External Accounts
Complete your financial profile with Total Wealth View. By linking your external account information, you will benefit from more educated and holistic wealth planning, and convenient connectivity.
Learn more about Total Wealth View
Perks
How much can you save?
With discounts from over 130 popular brands across entertainment, travel, luxury vehicles, wellness and professional services, Reserved Living & Giving provides opportunities to save on everyday luxuries as well as once-in-a-lifetime experiences.
Learn more about MS ReservedWith discounts from over 130 popular brands across entertainment, travel, luxury vehicles, wellness and professional services, Reserved Living & Giving provides opportunities to save on everyday luxuries as well as once-in-a-lifetime experiences.
Consolidate Life's Most Important Documents with Confidence
Digital Vault lets you easily, safely, and conveniently manage and share life’s most important documents, such as financial statements, authorizations, tax filings, and other relevant files.
Getting Started with Digital Vault
2025 Federal Tax Tables
This document outlines the 2025 tax rate schedule, education and health savings account limits, retirement contribution and deduction limits, among other information.
View 2025 Tax Table
Refer Someone Today!
If you find our resources helpful and believe family members or friends would benefit from our services, we kindly encourage you to share the following link.
The Hesdorffer TeamLocation
233 S Wacker Dr
Ste 8600
Chicago, IL 60606
US
Direct:
(312) 917-7440(312) 917-7440
Meet The Hesdorffer Team
Marietta Hesdorffer
First Vice President, Financial Advisor
Phone:
(312) 917-7441(312) 917-7441
Vic Katwala
Vice President, Wealth Management, Financial Advisor
Phone:
(312) 917-7432(312) 917-7432
Lin Edral
Senior Registered Associate
Phone:
(312) 917-7427(312) 917-7427
About Jay Hesdorffer
Jay leads The Hesdorffer Team with more than 37 years of experience in personal wealth management. Having served at Morrison & Morrison Ltd. and Deposit Guarantee National Bank, Jay brings an extensive background in accounting, banking and advanced planning to the team. He received his BA in Professional Accounting from Mississippi State University and was awarded his Financial Planning Specialist designation in 2005. Chicago Magazine recognized Jay as a Five Star Wealth Manager for the last 13 consecutive years.
In addition to serving clients, Jay is committed to helping others. After hurricane Katrina and other storms ravaged the south, he was boots on the ground in Biloxi, Houston and Baton Rouge. He is immediate past Chair of the National Board of Directors for the Institute of Southern Jewish Life, a non profit dedicated to enhancing Jewish education and culture in 13 southern states. His work with the ISJL was awarded the Morgan Stanley Community Leadership Award in 2018.
In addition to serving clients, Jay is committed to helping others. After hurricane Katrina and other storms ravaged the south, he was boots on the ground in Biloxi, Houston and Baton Rouge. He is immediate past Chair of the National Board of Directors for the Institute of Southern Jewish Life, a non profit dedicated to enhancing Jewish education and culture in 13 southern states. His work with the ISJL was awarded the Morgan Stanley Community Leadership Award in 2018.
Securities Agent: NV, NC, KY, DC, VA, PA, NM, WA, TN, OH, NY, GA, FL, AL, UT, OK, NE, MN, MD, IA, DE, SC, MO, IL, NJ, MI, MS, MA, IN, CO, TX, SD, OR, LA, HI, CA, WI, CT, AZ, WV; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1265189
NMLS#: 1265189
About Marietta Hesdorffer
Marietta has dedicated more than 40 years to educating and empowering clients to make financial decisions with confidence. She is committed to helping clients achieve their own form of greatness, whether it’s raising a family or running a company.
A graduate of the University of Michigan, Marietta began her career as a broadcast journalist, serving as Public Affairs/Editorial Director for WFYR Radio in Chicago. Pre-CNBC, she provided weekly financial analysis on Chicago’s WCIU-TV for 17 years.
As a leading voice in the financial services industry, she was named a MAKER in the Morgan Stanley Class of 2018. Her commitment to paving the way for future generations of female leaders earned her the NAWBO 2017 Corporate Women of Achievement Award. She is a Barron’s Top Women Advisors Summit attendee in 2016 and 2018. She is committed to championing the success of others.
A graduate of the University of Michigan, Marietta began her career as a broadcast journalist, serving as Public Affairs/Editorial Director for WFYR Radio in Chicago. Pre-CNBC, she provided weekly financial analysis on Chicago’s WCIU-TV for 17 years.
As a leading voice in the financial services industry, she was named a MAKER in the Morgan Stanley Class of 2018. Her commitment to paving the way for future generations of female leaders earned her the NAWBO 2017 Corporate Women of Achievement Award. She is a Barron’s Top Women Advisors Summit attendee in 2016 and 2018. She is committed to championing the success of others.
Securities Agent: TN, GA, IL, HI, NY, NC, MN, MI, DE, CO, NV, WI, MS, DC, WV, WA, CA, LA, FL, IN, AZ, TX, SD, PA, OH, UT, MD, IA, VA, NE, MA; General Securities Representative; Investment Advisor Representative
NMLS#: 1270258
NMLS#: 1270258
About Vic Katwala
Vic is a Vice President at Morgan Stanley and a partner with The Hesdorffer Team, providing financial planning and investment management for families. Vic brings more than 14 years of Financial Services experience to the team.
As a CFP® , Vic plays an integral role with The Hesdorffer Team in helping families and institutions develop strategies to align with their mission and financial goals. He focuses on client financial planning, portfolio management, investment manager due diligence and investment manager selection.
Vic graduated from DePaul University with bachelor degree in Finance and is a CERTIFIED FINANCIAL PLANNER ™ (CFP®). Beyond Wealth Management, Vic enjoys travelling, playing basketball and golfing. Vic is a Chicagoland native and currently resides in Clarendon Hills with his wife and their 2 sons.
As a CFP® , Vic plays an integral role with The Hesdorffer Team in helping families and institutions develop strategies to align with their mission and financial goals. He focuses on client financial planning, portfolio management, investment manager due diligence and investment manager selection.
Vic graduated from DePaul University with bachelor degree in Finance and is a CERTIFIED FINANCIAL PLANNER ™ (CFP®). Beyond Wealth Management, Vic enjoys travelling, playing basketball and golfing. Vic is a Chicagoland native and currently resides in Clarendon Hills with his wife and their 2 sons.
Securities Agent: CA, NE, MO, GA, DE, SD, LA, KY, OK, MN, IL, CT, TN, PA, MD, NC, MS, MI, HI, TX, NJ, AL, WI, UT, SC, OR, NY, IA, FL, DC, WV, VA, OH, IN, AZ, WA, NV, MA, CO; General Securities Representative; Investment Advisor Representative
NMLS#: 1268294
NMLS#: 1268294
About Lin Edral
Lin is Senior Registered Associate with The Hesdorffer Team at Morgan Stanley. With more than 40 years of experience in the financial services industry, Lin knows the meaning of outstanding client service. She is dedicated to delivering an exceptional client experience. Professional, thorough and kind, our clients have come to know Lin as a dependable source they can trust to get things done.
A Queens New York native, Lin graduated from Ladycliff College in Highland Falls, NY. She holds the Series 7, 63, and 66 securities licenses.
Lin is actively involved with her parish, St. John the Baptist in Winfield. For leisure, she enjoys race walking, traveling and reading. Lin resides in West Chicago with her husband and her dog Sherri.
A Queens New York native, Lin graduated from Ladycliff College in Highland Falls, NY. She holds the Series 7, 63, and 66 securities licenses.
Lin is actively involved with her parish, St. John the Baptist in Winfield. For leisure, she enjoys race walking, traveling and reading. Lin resides in West Chicago with her husband and her dog Sherri.
Contact Jay Hesdorffer
Contact Marietta Hesdorffer
Contact Vic Katwala
Wealth Management
From Our Team
Promoting Healthy Longevity
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
A Simple Six-Step Retirement Checkup
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Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
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
529 Plans: A Powerful Tool to Save for Education
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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
Ready to start a conversation? Contact The Hesdorffer Team today.
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.
2Morgan 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.
3Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
5Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
6Annuities 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.
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
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
5Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
6Annuities 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.
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)
