Alfred R Bozzo, CFP®
Executive Director, Financial Advisor, Portfolio Management Director, Lending Specialist
Phone:
(202) 292-5326(202) 292-5326
The Hilltop Group at Morgan Stanley
Direct:
(202) 292-5326(202) 292-5326
Toll-Free:
(800) 792-4411(800) 792-4411
Our Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals
Welcome
The Hilltop Group at Morgan Stanley has a long history of providing high level investment advice to a broad range of individuals and institutions. Our founding partners built their reputation with the straight-forward goal to prioritize our client’s needs and to provide an above-average long-term return while attempting to minimize risk. We understand that successful long-term investing has never been easy and today’s complex market environment may make it more difficult than ever. Investors must gather and process significant amounts of information, they must track and understand numerous trends and variables and they must sift through more options than ever before to successfully meet their goals and objectives. Investors who miss even the slightest change in market conditions or who do not fully understand how a change in their own personal circumstances affects their financial profile, will often fall short of the goals and objectives they have set.The professionals of The Hilltop Group at Morgan Stanley are committed to truly understanding our clients and getting to know what is important to them. We encourage a continuous, open dialogue and believe it is critical to work with our client’s full team of trusted advisors, including their attorneys, accountants and other key family members. The Hilltop Group at Morgan Stanley prides itself on providing unbiased and objective financial planning, asset allocation analysis and portfolio management as well as identifying the specific tools our clients are comfortable using to meet all of their financial goals and objectives.
Services Include
- UGMA/UTMAFootnote1
- Wealth Consulting
- Wealth ManagementFootnote2
- 529 PlansFootnote3
- Alternative InvestmentsFootnote4
- AnnuitiesFootnote5
- Asset Management
- Cash ManagementFootnote6
- Certificates of DepositFootnote7
- Corporate BondsFootnote8
- Endowments and FoundationsFootnote9
- Estate Planning StrategiesFootnote10
- Financial PlanningFootnote11
- Fixed IncomeFootnote12
- Lending Products
- Life InsuranceFootnote13
- Long Term Care InsuranceFootnote14
- Municipal BondsFootnote15
- Philanthropic Services
- Professional Portfolio ManagementFootnote16
- Retirement PlanningFootnote17
- Trust Services*
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Our Process
Successful wealth management begins and ends with personalized service and attention to detail. We work with individuals and families who seek long-term, fully-engaged relationships. Our experience, dedication, and passion for financial planning helps you pave the way to meeting your financial goals.
Highly Personalized Care
We understand benefits of being consistently selective and paying close attention to the details. Many of the great things in life require careful planning and diligent work. We strive to find the best possible solutions for our clients.
Loyalty and Commitment
We take genuine interest in the well-being of our clients. We go beyond simply being a service provider to being a holistic advisor. We pride ourselves on building loyalty and trust with our clients by helping them navigate the ever-changing financial markets so they can worry less about the stresses of market volatility and enjoy the important moments in their lives.
Intellectual Capital
With over 40 years of financial service experience, we have the skills, knowledge, and insights, coupled with the vast resources of Morgan Stanley to help bridge the gap between the real world challenges you face and the investment world that drives financial decisions.
Consistent and Direct Approach
We build a tailored strategy around the financial needs, risk tolerance, and goals of our clients by providing consistent attention and concern for the details in their lives. We take time to thoroughly understand your unique financial circumstances, and tailor your particular investment strategy to meet your short and long term goals.
Designations and Rewards
The Hilltop Group is proud to announce that Forbes has included our group on their list of 2023 Best-In- State Wealth Management Teams while also being named to Morgan Stanley's Pacesetter's club. These prestigious accolades reflects our team's unwavering commitment to professionalism, service, and dedication to our clients. We are deeply honored and grateful for both recognitions, and we look forward to continuing to provide exceptional wealth management solution to our valued clients.
2023 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2023) Data compiled by SHOOK Research LLC based on time period from 3/31/21 – 3/31/22.
See press release here
2023 Forbes Best-In-State Wealth Advisors
Alfred Bozzo - 2023
Source: Forbes.com (Awarded 2020,2022,2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
See press release hereSource: Forbes.com (Awarded 2020,2022,2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2022 Forbes Best-In-State Wealth Advisors
Alfred Bozzo - 2022
Source: Forbes.com (Awarded 2020,2022,2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
See press release hereSource: Forbes.com (Awarded 2020,2022,2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2020 Forbes Best-In-State Wealth Advisors
Alfred Bozzo - 2020
Source: Forbes.com (Awarded 2020,2022,2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
See press release hereSource: Forbes.com (Awarded 2020,2022,2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Morgan Stanley Pacesetter's Club
Michael Timothy - 2023, 2022, 2021
Anthony Perrino - 2023
A global recognition program for Financial Advisors who have demonstrated the highest professional standards and first class client service.
Anthony Perrino - 2023
A global recognition program for Financial Advisors who have demonstrated the highest professional standards and first class client service.
A Financial Plan Made For You
Our wealth management process at Morgan Stanley starts with you, your unique investment objectives, and your financial goals. Our holistic approach considers all aspects of your financial life to ensure they align with your goals and wealth management plan.
We understand that your goals may change over time, and your plan will evolve accordingly, adapting to the changing circumstances of your life. With the help of sophisticated analytic tools and the extensive resources of Morgan Stanley, we empower you to take control of your financial future and achieve your goals.
Below, you will find links to some of the tools we use to assist you in learning more about topics that impact your wealth. We invite you to visit these resources frequently to further your knowledge and understanding
We understand that your goals may change over time, and your plan will evolve accordingly, adapting to the changing circumstances of your life. With the help of sophisticated analytic tools and the extensive resources of Morgan Stanley, we empower you to take control of your financial future and achieve your goals.
Below, you will find links to some of the tools we use to assist you in learning more about topics that impact your wealth. We invite you to visit these resources frequently to further your knowledge and understanding
LifeView - Intelligent Planning
LifeView is a comprehensive suite of planning tools that we utilize to conduct in depth, goal-specific analysis for our clients. By taking into account all aspects of an individual's financial life, including investment and cash management needs, we can craft a realistic and integrated strategy. To initiate the process of creating a personalized strategy tailored to your long term goals, we invite you to complete the questionnaire and engage in a conversation with us.
Complete Questionnaire here
Goals Planning System
Morgan Stanley's Goals Planning System (GPS) is a cutting edge, integrated planning tool that harnesses the firm's extensive intellectual capital and capabilities. This intuitive and efficient platform allow us to swiftly evaluate whether a client is making profess towards their financial goals. Utilizing GPS, we can assess your financial trajectory and ensure that you are on track to achieve your desired outcomes.
Start Planning Now
Aladdin - Intelligent Risk Management
There’s a chance your portfolio may be at risk, but how you manage that risk is what matters.
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 both an overview and a detailed view to better enable risk to be effectively monitored and managed.
Learn More HerePortfolio 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 both an overview and a detailed view to better enable risk to be effectively monitored and managed.
Strategy - Intelligent Withdrawals
Building wealth is a means to an end. Taxes can eat up a significant portion of your assets upon withdrawal. This is why it's vital to look at your entire portfolio and coordinate liquidation to help reduce the impact of taxes and potentially improve investment results.
The decisions your make today can help you save for years to come. Use the resources found in the link below to help get started.
View Tax Aware Strategies HereThe decisions your make today can help you save for years to come. Use the resources found in the link below to help get started.
Spending and Budgeting Tool
Morgan Stanley offers a powerful spending and budgeting tool as a means of managing savings. This tool enables our advisors to efficiently monitor client cash flows across internal and external accounts, while also tracking spending patterns. By generating income and expense analyses, this tool empowers clients to make informed decisions about their spending behavior allowing for adjustments when necessary.
Start Using the Tool TodayValuable Tools and Resources
Our comprehensive suite of digital tools are designed to help enhance every aspect of your financial life. Below are a few of the technologies we have to offer our clients. We have also included resources meant to transform complex financial analysis and research into concise and easily digestible content.
Morgan Stanley Online
Your investments and everyday finances are always just a few clicks away with Morgan Stanley Online (MSO) and the Morgan Stanley Mobile App.
More on Morgan Stanley Online
Global Investment Committee Weekly Research Report
The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance and fixed income.
Access this Week's Edition
Total Wealth View
With this service, you can view all your investments together – whether they are held at Morgan Stanley or elsewhere. When you add your external 401(k), as well as your checking, savings and brokerage accounts to this portal, all your assets will be in one place, providing a current and comprehensive view of your wealth.
More on Total Wealth View
Thoughts on the Markets Podcast
With perspectives on the forces shaping the market, Mike Wilson, Chief Investment Officer and Chief US Equity Strategist for Morgan Stanley, and his colleagues discuss a variety of viewpoints regarding the latest trends in the financial marketplace.
Listen to the Latest Episode
Digital Vault
The Digital Vault on Morgan Stanley Online allows you to build a centralized document library where all documents are stored using encryption.
More on Digital Vault
Global Investment Committee “On the Markets” Report
Every month, Morgan Stanley’s top research analysts publish their “On the Markets” report, providing detailed market commentary on such topics as global equities, fixed income and monetary policy.
Read the Most Recent Report
2023 Federal Tax Tables
Contained within this document is a wealth of information concerning the 2023 tax rate schedule, encompassing details such as education and health savings account limitations, retirement contribution and deduction ceilings, and various other relevant factors.
See 2023 Tax Tables
The Morgan Stanley Minute
In this ongoing series of one-minute videos from our firm’s top investment thinkers, you can explore current trends and topics like green bonds, active investment, monetizing small businesses, cybercrime and more.
View our Library of Interesting Content
eAuthorization
By using eAuthorization, it is no longer necessary to sign a physical Letter of Authorization (LOA) in order to approve a request for a wire transfer.
More on eAuthorization
eDelivery
eDelivery provides you with the ability to view statements and other firm documents electronically. Clients who are registered in Morgan Stanley Online may enroll in eDelivery.
Enroll in eDelivery
Pre and Post Divorce Expense Sheet
Utilizing our expense worksheet can assist you in effectively managing your budget both before and after going through a divorce.
View Expense Sheet
Making Moves: Buying a Home
Acquiring your initial residence may be the most significant investment choice you'll make as an adult. Therefore. it is imperative to carefully consider all the relevant factors before committing to the decision.
Learn More
Morgan Stanley Millennial Playbook
The Morgan Stanley millennial playbook serves as a guide to assist millennials in managing their finances, covering various topics including budgeting, investing and debt management.
Read HereLocation
1747 Pennsylvania Ave NW
Ste 900
Washington, DC 20006
US
Direct:
(202) 292-5326(202) 292-5326
Toll-Free:
(800) 792-4411(800) 792-4411
Meet The Hilltop Group
Phone:
(202) 292-5409(202) 292-5409
Anthony Perrino
Financial Advisor
Phone:
(202) 778-4795(202) 778-4795
Todd Hutchinson
Senior Registered Associate
Phone:
(202) 292-5327(202) 292-5327
Glenda Gonzales
Senior Client Service Associate
Phone:
(202) 292-5323(202) 292-5323
About Alfred R Bozzo
Alfred R. Bozzo, Jr. is a Executive Director and CERTIFIED FINANCIAL PLANNER® with Morgan Stanley. He started with the firm in 1985 as a Financial Consultant. His clients include high net worth individuals, non-profit organizations and small corporate clients.
Alfred has been a frequent speaker at seminars on topics ranging from asset allocation to choosing the proper investment advisor. His honors and achievements include the Smith Barney Certificate of Achievement Award and the Edward B. Smith Excellence in Service Award. Recently, he was named to Forbes 2023 Best-In State Wealth Advisor Rankings.
Alfred graduated from the Georgetown University McDonough School of Business in 1985 with a Bachelor of Science in Business Administration (Finance). He currently resides in Arlington, Virginia with his wife Terry. He has three children, Alfred III, Francesca and Bianca.
Outside of the office, he enjoys movies, reading, playing golf and following his favorite college and professional sports teams.
Professional Details
1985 - Present: Morgan Stanley*
Georgetown University, BSBA Finance
Series 3, 7 & 65 Licensed
Life & Health Insurance/Annuity Licensed
Alfred has been a frequent speaker at seminars on topics ranging from asset allocation to choosing the proper investment advisor. His honors and achievements include the Smith Barney Certificate of Achievement Award and the Edward B. Smith Excellence in Service Award. Recently, he was named to Forbes 2023 Best-In State Wealth Advisor Rankings.
Alfred graduated from the Georgetown University McDonough School of Business in 1985 with a Bachelor of Science in Business Administration (Finance). He currently resides in Arlington, Virginia with his wife Terry. He has three children, Alfred III, Francesca and Bianca.
Outside of the office, he enjoys movies, reading, playing golf and following his favorite college and professional sports teams.
Professional Details
1985 - Present: Morgan Stanley*
Georgetown University, BSBA Finance
Series 3, 7 & 65 Licensed
Life & Health Insurance/Annuity Licensed
Securities Agent: NY, ID, GA, CT, UT, CO, WI, OH, MA, HI, NH, DC, CA, OK, LA, IL, AZ, WA, VA, TN, SC, MI, DE, AL, PA, NC, WV, VT, MN, ME, OR, MD, FL, NM, NJ, TX; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1278974
NMLS#: 1278974
About Michael F. Timothy
A seasoned financial advisor with twenty years of investment banking experience advising bank CEOs and boards of directors with mergers and acquisitions. In 2018, made a natural transition into wealth management and joined Morgan Stanley as a Financial Advisor in the Washington, D.C. office. To fully capitalize on the synergies and resources of a well-established team, Michael joined The Hilltop Group at Morgan Stanley in January 2021.
An experienced financial advisor and communicator with success in building and sustaining long-term relationships with high net worth clients. Using the enormous resources at Morgan Stanley and The Hilltop Group, Michael provides exceptional personal advice and counseling in all areas that involve finance and money. Key areas include Investment Management, Retirement Planning, Education Funding Planning, Insurance, Estate Planning Strategies, Pension Plans and overall Debt Management.
He collaborates with clients in establishing and prioritizing goals, building sophisticated strategies, and then navigating and monitoring the wealth management process over time to help achieve clients’ goals as safely and efficiently as possible. An adept communicator with meticulous attention to detail and strong ethical standards—an essential blend of skills in this industry. Early career skills honed working as Assistant Controller within the New York Yankees Major League Baseball franchise.
Direct Dial: 202-292-5409
Email: Michael.Timothy@MorganStanley.com
The Catholic University of America, BA Finance
University of South Florida, BA Accounting
CPA (Issued 1996 – non practicing)
Series 7, 63, 66, 24 & 27 Licensed
Life & Health Insurance/Annuity Licensed
NMLS#: 1832960
An experienced financial advisor and communicator with success in building and sustaining long-term relationships with high net worth clients. Using the enormous resources at Morgan Stanley and The Hilltop Group, Michael provides exceptional personal advice and counseling in all areas that involve finance and money. Key areas include Investment Management, Retirement Planning, Education Funding Planning, Insurance, Estate Planning Strategies, Pension Plans and overall Debt Management.
He collaborates with clients in establishing and prioritizing goals, building sophisticated strategies, and then navigating and monitoring the wealth management process over time to help achieve clients’ goals as safely and efficiently as possible. An adept communicator with meticulous attention to detail and strong ethical standards—an essential blend of skills in this industry. Early career skills honed working as Assistant Controller within the New York Yankees Major League Baseball franchise.
Direct Dial: 202-292-5409
Email: Michael.Timothy@MorganStanley.com
The Catholic University of America, BA Finance
University of South Florida, BA Accounting
CPA (Issued 1996 – non practicing)
Series 7, 63, 66, 24 & 27 Licensed
Life & Health Insurance/Annuity Licensed
NMLS#: 1832960
Securities Agent: CO, AL, VA, FL, VT, MD, NM, NJ, UT, WV, SC, MA, LA, GA, TN, ME, PA, OR, DE, CT, NY, MI, NC, CA, WA, MN, AZ, WI, TX, OK, OH, NH, IL, DC; General Securities Principal; General Securities Representative; Investment Advisor Representative
NMLS#: 1832960
NMLS#: 1832960
About Anthony Perrino
Anthony Perrino joined The Hilltop Group in 2019 after two successful summers interning with the team. As a Financial Advisor, Anthony works to understand his clients values and priorities in order to tailor strategies that are uniquely best for them and their family.
Utilizing detailed financial planning and cash flow models, he helps clients plan for the financial future they want to experience. He provides The Hilltop Group clients with highly personalized solutions and dedicates his time to helping families and business leaders reach their life’s important milestones.
Anthony graduated from Georgetown University in 2019 with a Bachelor of Science in Business Administration majoring in Finance & Marketing. During his time at Georgetown University, Anthony was the captain of the Men’s Golf team and a four-year letter winner.
In his free time, Anthony loves playing golf, going on the lake with his family and friends in his native North Carolina, and fishing in new locations across the country.
Professional Details:
2019-Present: Morgan Stanley
Georgetown University, BSBA
Series 7, 66 Licensed
Life & Health Insurance/Annuity Licensed
NMLS #1915567
Utilizing detailed financial planning and cash flow models, he helps clients plan for the financial future they want to experience. He provides The Hilltop Group clients with highly personalized solutions and dedicates his time to helping families and business leaders reach their life’s important milestones.
Anthony graduated from Georgetown University in 2019 with a Bachelor of Science in Business Administration majoring in Finance & Marketing. During his time at Georgetown University, Anthony was the captain of the Men’s Golf team and a four-year letter winner.
In his free time, Anthony loves playing golf, going on the lake with his family and friends in his native North Carolina, and fishing in new locations across the country.
Professional Details:
2019-Present: Morgan Stanley
Georgetown University, BSBA
Series 7, 66 Licensed
Life & Health Insurance/Annuity Licensed
NMLS #1915567
Securities Agent: AZ, AL, WV, MD, IL, FL, WI, TX, MN, UT, TN, PA, DE, OR, MA, DC, CT, WA, ID, CA, OK, NJ, NH, NC, VA, NY, ME, LA, MI, HI, SC, NM, GA, CO, VT, OH; General Securities Representative; Investment Advisor Representative
NMLS#: 1915567
NMLS#: 1915567
About Todd Hutchinson
As a Senior Registered Associate, Todd provides a wide range of services to The Hilltop Group clients. With a long standing dedication to serving client’s financial management and planning needs, he works to provide critical operational support for the group including account maintenance, portfolio reviews and trade execution.
Todd has more than 15 years of experience in the financial services industry. Prior to joining Morgan Stanley in 2005, he worked for Nationwide Insurance in Sales & Claims. He graduated from the University of Virginia with a Bachelors of Arts, and achieved an MBA from the George Washington University while fully employed. He maintains his Series 7, 66, and 31 licenses.
Todd, a native of Annapolis, MD lives in Washington, DC with his wife Kim and two children, Timothy and Molly. In his free time, he enjoys coaching youth sports (boys / girls basketball, lacrosse), running, cycling, and cheering on the University of Virginia Cavaliers.
Professional Details
2005- Present: Morgan Stanley*
The George Washington University, MBA
The University of Virginia, BA
Series 7, 66, 31 Licensed
Life & Health Insurance/Annuity Licensed
Todd has more than 15 years of experience in the financial services industry. Prior to joining Morgan Stanley in 2005, he worked for Nationwide Insurance in Sales & Claims. He graduated from the University of Virginia with a Bachelors of Arts, and achieved an MBA from the George Washington University while fully employed. He maintains his Series 7, 66, and 31 licenses.
Todd, a native of Annapolis, MD lives in Washington, DC with his wife Kim and two children, Timothy and Molly. In his free time, he enjoys coaching youth sports (boys / girls basketball, lacrosse), running, cycling, and cheering on the University of Virginia Cavaliers.
Professional Details
2005- Present: Morgan Stanley*
The George Washington University, MBA
The University of Virginia, BA
Series 7, 66, 31 Licensed
Life & Health Insurance/Annuity Licensed
About Glenda Gonzales
Glenda joined Morgan Stanley in September 1996 and has worked in various areas and job functions including operations and client service. She currently is responsible for all account services, general administration, and client support for The Hilltop Group.
Prior to joining us at Morgan Stanley, Glenda emigrated from her home in the Philippines to join her parents and two older sisters in the United States. She graduated from Far Eastern University in 1994 with a Bachelor of Science in Psychology.
Glenda is a continued supporter of the Far Eastern University Psychology Society as well as the Philippine Educational Theatrical Association.
Glenda lives in Alexandria with her Havanese Poodle, Buddy, and enjoys traveling and seeing the great outdoors.
Professional Details
1996- Present: Morgan Stanley*
Far Eastern University, BS
Prior to joining us at Morgan Stanley, Glenda emigrated from her home in the Philippines to join her parents and two older sisters in the United States. She graduated from Far Eastern University in 1994 with a Bachelor of Science in Psychology.
Glenda is a continued supporter of the Far Eastern University Psychology Society as well as the Philippine Educational Theatrical Association.
Glenda lives in Alexandria with her Havanese Poodle, Buddy, and enjoys traveling and seeing the great outdoors.
Professional Details
1996- Present: Morgan Stanley*
Far Eastern University, BS
Contact Alfred R Bozzo
Contact Michael F. Timothy
Contact Anthony Perrino
The Power of Partnerships
By partnering with experienced individuals across wealth disciplines, Morgan Stanley Financial Advisors can align specialized resources with your custom needs and deliver strategic guidance through the familiarity and trust of existing relationships
Sean W. Ruediger
Private Banker
About Sean W. Ruediger
Sean Ruediger is a Private Banker serving Morgan Stanley’s Wealth Management offices in Washington D.C. and Maryland.
Sean began his career in financial services in 2012 and joined Morgan Stanley in 2016. Prior to joining the firm, Sean worked at PHH Mortgage as a Senior Loan Processor assigned to Morgan Stanley’s clients. Additionally, he was PHH’s lead trainer on Morgan Stanley’s mortgage procedures and processes.
Sean is a Lean Six Sigma certified yellow belt. He and his wife reside in Maryland. Outside of the office, Sean enjoys writing music, graphic designing and spending time with his family and friends.
Sean began his career in financial services in 2012 and joined Morgan Stanley in 2016. Prior to joining the firm, Sean worked at PHH Mortgage as a Senior Loan Processor assigned to Morgan Stanley’s clients. Additionally, he was PHH’s lead trainer on Morgan Stanley’s mortgage procedures and processes.
Sean is a Lean Six Sigma certified yellow belt. He and his wife reside in Maryland. Outside of the office, Sean enjoys writing music, graphic designing and spending time with his family and friends.
NMLS#: 1192383
Wealth Management
From Our Team
Michael Wilson: Monthly Investment Perspectives Webcast
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
Are You Prepared for Tax Day?
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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
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Ready to start a conversation? Contact The Hilltop Group today.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
1Morgan Stanley 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.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
3Investors 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.
4Alternative 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.
5Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
6Morgan 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
7Investors 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.
8Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
9Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
10Morgan 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.
11Morgan 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.
12Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
13Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
14Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
15Municipal 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.
16Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
17When 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.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
1Morgan Stanley 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.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
3Investors 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.
4Alternative 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.
5Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
6Morgan 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
7Investors 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.
8Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
9Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
10Morgan 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.
11Morgan 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.
12Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
13Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
14Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
15Municipal 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.
16Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
17When 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.
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)
