Brian J Kelly
Director, Financial Advisor, Senior Investment Management Consultant
Phone:
(973) 236-3531(973) 236-3531
The Kelly Group at Morgan Stanley
Direct:
(973) 236-3532(973) 236-3532
Toll-Free:
(800) 349-3136(800) 349-3136
Industry Award WinnerOur Mission Statement
Our practice empowers you to achieve long-term financial prosperity while living a balanced and fulfilling life
ABOUT US
As a family team, we bring a distinct perspective to complex, multigenerational challenges of managing significant wealth. Our team of eight professionals includes five Kelly family members across three generations. We understand the joys and the stresses of working alongside your children, siblings and parents, and how those roles evolve over time. When we speak about wealth transfer, family business succession, and other issues that are central to building an enduring legacy, we're hyper-aware of its importance to you. We know that the key to successful wealth and accumulation is not about the importance of its absolute number, but more about the people whose lives it touches.
From 2023 to 2025, The Kelly Group was recognized as one of the Best-In-State Wealth Management Teams in New Jersey by Forbes and Shook Research. Combing our perspective and experience with the vast global resources of Morgan Stanley, we craft highly customized and truly comprehensive wealth management plans to design to address your specific goals. We are dedicated to delivering success on your terms. Often assembling teams of world-class professionals in the areas of tax, estate and business succession law; philanthropy; risk management and investment management. We have several offices located in New Jersey, Florida and the Washington, D.C. area, and we serve affluent families across the country. We commonly work with two, or even three, generations of these families. In fact, we have known many of our current clients from the day that they were born. We take a very long-term approach to meeting your goals because we understand that legacies are built generation by generation.
Source: Forbes Best-In-State Wealth Management Teams Forbes.com (Awarded 2023 - 2025) Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award. https://www.morganstanley.com/disclosures/awards-disclosure
Services Include
- Wealth ManagementFootnote1
- Asset Management
- Financial PlanningFootnote2
- Business PlanningFootnote3
- Estate Planning StrategiesFootnote4
- Cash Management and Lending ProductsFootnote5
- AnnuitiesFootnote6
- Business Succession PlanningFootnote7
- Retirement PlanningFootnote8
- Divorce Financial AnalysisFootnote9
- Long Term Care InsuranceFootnote10
- Endowments and FoundationsFootnote11
- Executive Benefit ServicesFootnote12
- Alternative InvestmentsFootnote13
- Fixed IncomeFootnote14
- Professional Portfolio ManagementFootnote15
- Lending Products
- Life InsuranceFootnote16
- Planning for Education FundingFootnote17
- Philanthropic Services
- Institutional ServicesFootnote18
- Trust ServicesFootnote19
- Planning for Individuals with Special Needs
- LGBT+ Planning ServicesFootnote20
- Sustainable InvestingFootnote21
- Trust AccountsFootnote22
- Art AdvisoryFootnote23
- 529 PlansFootnote24
- UGMA/UTMAFootnote25
- Stock Option PlansFootnote26
- Stock Plan ServicesFootnote27
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Awards and Recognitions
Over the years, The Kelly Group has received several awards for the top-quality service and success we have brought our clients.
Marybeth Emson was named Forbes Best-In-State Wealth Advisors in 2024-2025, New Jersey
2024 - 2025 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded March 2024 - 2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in March of year prior to the issuance of the award. For more info: https://mgstn.ly/3fQYK3h
Brian Kelly Jr. was named Forbes Best-In-State Wealth Advisors in 2020-2022, 2024-2025, New Jersey
2020 - 2022, 2024 - 2025 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2020 - 2022, 2024 - 2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in March of year prior to the issuance of the award. For more info: https://mgstn.ly/3fQYK3h
Marybeth Emson was named to Forbes Top Women Best-In-State Wealth Advisors 2020-2025, New Jersey.
2020 - 2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In- State (formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors).
Source: Forbes.com (Awarded 2020 - 2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in March of year prior to the issuance of the award. For more info: https://mgstn.ly/3fQYK3h
Brian Kelly Jr. was named Morgan Stanley Master's Club Member in 2023
Brian J. Kelly Jr., an Executive Director and Financial Advisor in its Wealth Management office in New Jersey has been named to the Firm's prestigious Master's Club, an elite group composed of the Firm's top Financial Advisors. The appointment recognizes Brian J. Kelly Jr. consistent creativity and excellence in providing a wide range of investment products and wealth management services to his clients.
Morgan Stanley Wealth Management Master's Club members must meet a number of criteria including performance, conduct and compliance standards, revenue, length of experience and assets under supervision. Master's Club membership is no guarantee of future performance.
Marybeth Emson was named to Forbes Top Next-Gen Wealth Advisors 2020 - 2023
2020 -2023 Forbes America's Top Next-Gen Wealth Advisors & Top Next-Gen Wealth Advisors Best-in-State (formerly referred to as Forbes America's Top Next-Gen Wealth Advisors, Forbes. Top 1,000 Next-Gen Wealth Advisors, Forbes Top 500 Next Generation Wealth Advisors)
Source: Forbes.com (Awarded 2020 -2023). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was issued. For more info: https://mgstn.ly/3fQYK3h
Marybeth Emson was named America's Top Wealth Advisor Moms 2020 - 2021
2020 - 2021 Working Mother Magazine & SHOOK Research's Top Wealth Advisor Moms
Source: Workingmother.com (Awarded October 2020 - 2021). Data compiled by SHOOK Research LLC based on 12-month period concluding in March of the year the award was given. For more info: https://mgstn.ly/3fQYK3h
Marybeth Emson was named Morgan Stanley MAKERS, Class of 2021
Each year, MAKERS celebrates the achievements of select woman and men across multiple fields, existing to accelerate equity in the workplace and beyond through stories of real-life experiences that ignite passion and action. A new group of Morgan Stanley professionals who embrace and promote women's empowerment, gender equality, and exceptional leadership are recognized annually through our partnership with MAKERS. It is our pleasure to share that Marybeth Emson was included in the 2021 distinguished class.
The Kelly Group was named to Forbes Best-In-State Wealth Management Teams 2023-2025, New Jersey
2023: #29 Best in State Wealth Management Team (New Jersey) with $727M assets under management at the time of consideration.
2024: #57 Best in State Wealth Management Team (New Jersey) with $712M assets under management at the time of consideration.
2025: #65 Best in State Wealth Management Team (New Jersey) with $820M assets under management at the time of consideration.
Source: Forbes.com (Awarded 2023-2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in March of year prior to the issuance of the award. https://www.morganstanley.com/what-we-do/wealth-management/forbes-top-wealth-advisors-lists-2025
Kelly Group Resources
As a federal employee, navigating retirement under the current administration's resignation program can be challenging. But you don't have to do it alone.
If you are leaving the workforce, consider taking the following steps we can help you prepare:
• Take the inventory of your assets
• Assess your financial resources
• Evaluate core and discretionary expenses
• Identify and prepare for upcoming financial obligations
Contact UsIf you are leaving the workforce, consider taking the following steps we can help you prepare:
• Take the inventory of your assets
• Assess your financial resources
• Evaluate core and discretionary expenses
• Identify and prepare for upcoming financial obligations
529 Plans
They're tax friendly, flexible and available to anyone. Yet, 529 education investment plans are still underused. Here are five things that parents, grandparents and anyone hoping to get a leg up on education costs need to know.
Read More
Women's Playbook
There's no doubt about it—women face a unique set of financial challenges. Yet, most of us feel ill-equipped to navigate these circumstances on our own. At Morgan Stanley, we have witnessed the power of education and trusted guidance to transform a woman's relationship with money. We believe educated women create a ripple effect, inspiring generations of men and women to come. That is why we are committed to empowering you with the knowledge and tools needed to achieve your goals: whether you're buying a home, starting a family, navigating a divorce, or giving back to a cause you care about.
Click Here to Access Guide
Family Office Resources
While many affluent families are concerned with the efficient generational transfer of financial capital, finding ways to articulate and preserve family values is often a greater challenge. Access to specialized resources and experience in this area can help you create a lasting family legacy that maximizes your financial, human, intellectual, and social capital. Services offered at the Kelly Group are:
• Family Office Advisory Resources
• Strategic Estate and Financial Planning Strategies
• Trust Services
• Family Governance and Wealth Education
• Next Generation Preparation and Stewardship
• Outsourced CIO Capabilities
• Philanthropy & Legacy Planning
• Lifestyle Advisory and Concierge Services
• Family Office Advisory Resources
• Strategic Estate and Financial Planning Strategies
• Trust Services
• Family Governance and Wealth Education
• Next Generation Preparation and Stewardship
• Outsourced CIO Capabilities
• Philanthropy & Legacy Planning
• Lifestyle Advisory and Concierge Services
Philanthropy Management
With the right advice, your good intentions can become your greatest legacy. Your favorite causes can become family causes. Your wealth can become a tool to change lives. Your passion for others can become a strategic plan for giving and one that inspires others to follow suit. If your passion leads you to join a nonprofit board, there are ways to help ensure that the nonprofit is governed well and raises funds effectively.
Creating a Purposeful Family Environment
The Family Governance group helps UHNW families strive to maximize the value of their human capital by preserving their shared values and creating an enduring family legacy, making it more likely that descendants will lead meaningful, fulfilled and engaged lives.
Divorce Planning
Divorce is not something anyone plans on, but having a good plan in place can help make a supremely stressful situation far more manageable. We listen, respond, and help put structures and plans in place to help create a confident and positive path forward.
Lifestyle Advisory
With the right advice, your good intentions can become your greatest legacy. Your favorite causes can become family causes. Your wealth can become a tool to change lives. Your passion for others can become a strategic plan for giving and one that inspires others to follow suit. If your passion leads you to join a nonprofit board, there are ways to help ensure that the nonprofit is governed well and raises funds effectively.
Gift Guide for a Better Future
The holidays are a time to think about what matters, and that's the future of your loved ones. The best gift you could give them is the pathway to financial literacy and stability.
Family Wealth Education
The Family Governance & Wealth Education group helps ultra high net worth families strive to maximize the value of their human capital by driving family wealth education, making it more likely that all members of the family will have the foundation they need to lead meaningful, fulfilled and engaged lives.
Upcoming Events & Replays
(July 7) Wealth Education for the Next Generation: Health is Wealth
Understanding the intersection of health and wealth is crucial for long-term prosperity. Join our next Wealth Education for the Next Generation session on July 7th to learn about the importance of integrating health management with financial planning, and why you should be investing in preventative care and cultivating healthy habits.
Register Here
(Replay) Home Buying: Navigating the Borrowing Landscape
Educating yourself on the home buying process, and the decisions you will need to make along the way, helps make it easier to make well-informed choices that align with your overall goals, priorities and vision for the future.
Access Replay
(Replay) Tying The Financial Knot: Navigating Joint Finances & Communications
Thinking of taking the next step with someone special? One of the most important conversations to have before tying the knot is about money—how each of you feel about it, how you’ll each make it, save it, spend it and invest it. Discussing potential differences will help plan for how to keep them from becoming bigger issues.
Access Replay
(Replay) Money & Saving: Financial Planning and Why It Matters to Me
The session will explore the critical importance of financial planning in achieving personal financial goals, whether it involves acquiring a dream home, starting a family, embarking on a desired vacation, or ensuring a secure retirement. This will focus on how strategic financial planning can empower our next generation.
Access Replay
(Replay) Understanding Market Dynamics: Talking about the Big Picture
Learn about the financial markets and investing including understanding the roles of buyers and sellers, market motivations, the need for a strategic approach to investing, investment indices, the concept of market cycles, and how time impacts investments.
Access ReplayEstates, Trusts, and Business Sales
Preparing for the transition and sale of a business requires planning across many financial disciplines. Working closely with clients early in this process helps them consider all aspects of the transaction to optimize the economic opportunity. Below are some resources that provide insight on the process of selling a business and different types of trusts to consider.
Trusts
You can’t take it with you, but through a trust, you can define how you want your life’s work and wealth to continue to benefit the people and causes you love and care for.
Click to Learn More
Gifting Art
Wondering about how to preserve artwork for future generations? Having an estate plan that considers your collection's legacy may help preserve its value and avoid trouble for future generations.
Click to Learn More
Estate Planning
Estate planning can be an emotionally and financially complex task, but creating an estate plan can help protect your wealth and prevent hardship for your heirs.
Click to Watch Video
Grantor Retained Annuity Trust (GRAT)
Creating an estate plan can help protect your wealth. Learn about tax-efficient strategies for estate planning and explore more video insights from Morgan Stanley in the link below.
Click to Watch Video
Donor Advised Funds
There’s more to charitable giving than you may realize. Here’s one method that provides flexibility and can help maximize your impact. Read below to learn more about a tax efficient way to manage your giving.
Click to Read More
Family Resources
Hidden risks abound. For affluent families, this can mean unwanted financial exposure. A simple risk assessment can go a long way to help close these gaps.
Click to Read More
Life After Selling a Business
Selling your business can mean big changes for your life, both personally and financially. Know how to make the most of your windfall.
Click to Learn More
Estate Gifting
As you consider gifting options, ask yourself how you would like financial gifts made to children or other family members to be used.
Click to Read More
Your Guide to Life & Money
Here is an easy to share playbook that provides guidance to different life stages and money managing tips.
Click to Read MoreLocation
340 Mount Kemble Avenue
Morristown, NJ 07960
US
Direct:
(973) 236-3532(973) 236-3532
Toll-Free:
(800) 349-3136(800) 349-3136
Meet The Kelly Group
Marybeth Emson, CFP®, CIMA®
Senior Vice President, Financial Advisor, Family Wealth Advisor
Phone:
(973) 236-3686(973) 236-3686
Brian J Kelly Jr.
Executive Director, Financial Advisor, Family Wealth Director, Senior Investment Management Consultant, Lending Specialist
Phone:
(973) 236-3532(973) 236-3532
Phone:
(973) 660-4695(973) 660-4695
Susan Kelly
Senior Client Service Associate
Phone:
(973) 236-3558(973) 236-3558
David Emson, CFP®
Financial Planning Analyst
Phone:
(973) 236-3556(973) 236-3556
Ananda Smith
Registered Client Service Associate
Phone:
(973) 236-3688(973) 236-3688
Kristin Buro
Group Director
Phone:
(973) 236-3578(973) 236-3578
James Kelly
Client Service Associate
Phone:
(973) 425-2323(973) 425-2323
About Brian J Kelly
The founder and senior advisor of the Kelly Group, Brian J. Kelly brings over six decades of wealth management experience to the service of the team’s clients. Brian leads a team that focuses on the complex, multigenerational challenges of affluent families. He provides the experience, insight and resources needed to address their precise needs and goals. His primary focus is on providing market commentary and advising clients on equity investment strategy. As a designated Family Wealth Director, Brian is also able to provide his clients with guided access to Morgan Stanley experts in a broad range of wealth management disciplines, from philanthropy management to wealth education to tax, trust, estate advisory and more.
Brian is a founding member of the Association of Professional Investment Consultants (APIC) and continues to serve on the board of directors executive committee. He is also the Board Liaison to the ultra-high net committee and the team committees. When not moving at the speed of light, Brian values quality time with his family in New Jersey and Florida and enjoys exploring destinations around the world.
Brian is a founding member of the Association of Professional Investment Consultants (APIC) and continues to serve on the board of directors executive committee. He is also the Board Liaison to the ultra-high net committee and the team committees. When not moving at the speed of light, Brian values quality time with his family in New Jersey and Florida and enjoys exploring destinations around the world.
Securities Agent: AL, FL, MD, ID, CO, AZ, CT, MI, OR, NC, WI, RI, OH, DC, TX, SC, VT, PA, MA, LA, IN, DE, ME, WA, VA, NY, GA, CA, NJ, NH, NE, IL; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1398703
NMLS#: 1398703
About Marybeth Emson
Marybeth Kelly Emson is currently a Senior Vice President, Financial Advisor, Family Wealth Advisor and a Managing Partner of her family team, The Kelly Group, at Morgan Stanley. Along with her father, brother, sister, son and close-knit teammates who feel like family, Marybeth counsels’ families across generations on developing, strengthening, safeguarding, and applying their family wealth to drive change.
Marybeth has been named to Forbes Best-In-State Wealth Advisors 2024-2025, Top Women Advisors Best-In-State 2020-2025 and Working Mother Magazine & Shook Research’s Top Wealth Adviser Moms 2020. She holds the Certified Financial Planner (CFP®) designation and the Certified Investment Management Analyst® (CIMA®) designation from the Wharton School of Business.
Marybeth is Past President of the 2021 national conference for APIC (the Association of Professional Investment Consultants). She also serves as a member of the Leadership Council of “Next Chapter,” which is an organization comprised of senior executives across the industry that is acting as a think tank to reimagine retirement solutions for the future, as well as LIFT (Ladies in Finance Together Counsel), and Morgan Stanley’s “Women in Wealth.”
A former member of the women’s swim team, Marybeth holds a Bachelor of Arts in Business Economics and Public Policy from George Washington University where she also met her husband Kenny when he was a member of the men’s soccer team. She lives in the greater Washington, D.C. area and when not trying to keep up with her three children, Marybeth enjoys playing tennis badly, participating in open water swims at the Jersey shore and randomly pursuing her ambition to be a backup singer for Bruce Springsteen.
Marybeth has been named to Forbes Best-In-State Wealth Advisors 2024-2025, Top Women Advisors Best-In-State 2020-2025 and Working Mother Magazine & Shook Research’s Top Wealth Adviser Moms 2020. She holds the Certified Financial Planner (CFP®) designation and the Certified Investment Management Analyst® (CIMA®) designation from the Wharton School of Business.
Marybeth is Past President of the 2021 national conference for APIC (the Association of Professional Investment Consultants). She also serves as a member of the Leadership Council of “Next Chapter,” which is an organization comprised of senior executives across the industry that is acting as a think tank to reimagine retirement solutions for the future, as well as LIFT (Ladies in Finance Together Counsel), and Morgan Stanley’s “Women in Wealth.”
A former member of the women’s swim team, Marybeth holds a Bachelor of Arts in Business Economics and Public Policy from George Washington University where she also met her husband Kenny when he was a member of the men’s soccer team. She lives in the greater Washington, D.C. area and when not trying to keep up with her three children, Marybeth enjoys playing tennis badly, participating in open water swims at the Jersey shore and randomly pursuing her ambition to be a backup singer for Bruce Springsteen.
Securities Agent: OH, NY, ME, SC, LA, RI, NC, GA, DE, VA, NE, MD, IL, CT, VT, OR, MI, ID, CO, IN, WI, WA, TX, AZ, PA, NJ, DC, CA, AL, NH, MA, FL; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1375300
NMLS#: 1375300
About Brian J Kelly Jr.
A member of The Kelly Group since 1994, Brian J. Kelly, Jr. assists the team’s clients with asset allocation, portfolio optimization and management, executive compensation and estate planning. As a designated Family Wealth Director, Brian is also able to provide guided access to Morgan Stanley experts in a broad range of wealth management disciplines, from philanthropy management to wealth education, tax, trust advisory, and estate planning.
Brian is a member of the Association of Professional Investment Consultants (APIC), a professional organization of leading Morgan Stanley advisors and their team members who are committed to fostering professionalism through a culture of consulting and education. He has also earned designations as an Accredited Investment Fiduciary® (AIF®) and as a Senior Investment Management Consultant, honors given only to the top Financial Advisors who have met specific experience and educational criteria. In 2023, Brian was named to Morgan Stanley's prestigious Masters Club, elite groups composed of the Firm’s top Financial Advisors. The appointment recognizes Brian J. Kelly Jr. consistent creativity and excellence in providing a wide range of investment products and wealth management services to his clients.
He holds a Bachelor of Science in both finance and economics from Fairleigh Dickinson University.
Brian enjoys outdoor adventures and the thrill of live sports, especially when he’s watching the Yankees in action. His ideal day is sharing those pursuits with his wife, Tina, and three children: James, Toby, and John.
Brian is a member of the Association of Professional Investment Consultants (APIC), a professional organization of leading Morgan Stanley advisors and their team members who are committed to fostering professionalism through a culture of consulting and education. He has also earned designations as an Accredited Investment Fiduciary® (AIF®) and as a Senior Investment Management Consultant, honors given only to the top Financial Advisors who have met specific experience and educational criteria. In 2023, Brian was named to Morgan Stanley's prestigious Masters Club, elite groups composed of the Firm’s top Financial Advisors. The appointment recognizes Brian J. Kelly Jr. consistent creativity and excellence in providing a wide range of investment products and wealth management services to his clients.
He holds a Bachelor of Science in both finance and economics from Fairleigh Dickinson University.
Brian enjoys outdoor adventures and the thrill of live sports, especially when he’s watching the Yankees in action. His ideal day is sharing those pursuits with his wife, Tina, and three children: James, Toby, and John.
Securities Agent: MD, DC, WI, VT, NJ, NH, MA, CO, AZ, IN, WA, SC, NE, MI, CT, AL, FL, CA, VA, TX, NY, LA, GA, IL, ME, OR, ID, DE, OH, RI, PA, NC; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1295594
NMLS#: 1295594
About Michael Cecil
Michael Cecil is a Financial Advisor for The Kelly Group. Mike has worked in the financial services for over 30 years, where he spent almost 20 years on the floor of the NYSE as Registered Market Maker prior to joining Morgan Stanley and The Kelly Group. Given his past experience in capital markets, Mike brings his unique talents and perspective to focus on portfolio management, investment research and analysis with our clients.
He is member of the Association of Professional Investment Consultants (APIC), a professional organization of leading Morgan Stanley advisors who are committed to fostering professionalism through a culture of consulting and education.
With a recent college graduate, and a son and daughter in college, Mike uses his limited spare time to enjoy mountain biking, skiing, golfing with his friends and playing “old guys” basketball. After he has recovered from those various activities he spends time in Vermont working on his family farmhouse.
He is member of the Association of Professional Investment Consultants (APIC), a professional organization of leading Morgan Stanley advisors who are committed to fostering professionalism through a culture of consulting and education.
With a recent college graduate, and a son and daughter in college, Mike uses his limited spare time to enjoy mountain biking, skiing, golfing with his friends and playing “old guys” basketball. After he has recovered from those various activities he spends time in Vermont working on his family farmhouse.
Securities Agent: AZ, CA, VA, NH, NE, AL, RI, LA, PA, OK, FL, VT, OH, CT, SC, ID, TN, NJ, MA, IN, TX, GA, DC, ME, OR, IL, DE, WA, NC, MD, WI, NY, MI, CO; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1409793
NMLS#: 1409793
About Susan Kelly
A member of the Kelly Group since 1994, Susan Kelly provides an extensive range of support services to the team's clients and advisors. She facilitates client online access to their accounts for review and bill paying. She also oversees the thematic wealth service within the Kelly Group. Susan is widely recognized by the team as the team's toughest contractor negotiator and best client advocate.
Susan earned an Associates of Science from Widener University in Delaware and a Bachelor's degree in early childhood education with a minor in communications from Kean University in Union, New Jersey. She is married to her husband Keith and has two girls in college, Brianna at University of Maryland and Marissa at The Ohio State University.
Susan earned an Associates of Science from Widener University in Delaware and a Bachelor's degree in early childhood education with a minor in communications from Kean University in Union, New Jersey. She is married to her husband Keith and has two girls in college, Brianna at University of Maryland and Marissa at The Ohio State University.
About David Emson, CFP®
David is a Financial Planning Analyst and he supports our client relationships while applying his analytical skills to refining investment strategies, developing and updating client’s financial plans, conducting portfolio risk analysis and reviewing insurance and annuity solutions. While attending Rollins College, David had two internships at Morgan Stanley: Wealth Management internship in the summer of 2016 in Florham Park, NJ, and with a Portfolio Manager in Winter Park, FL. In 2017 David interned at an Institutional investment advisor in Washington, DC on their Impact Investment team, conducting research for the firm’s Investment Committee. David earned all his licenses (SIE, Series 7, and Series 66) within the first 12 months of becoming a full-time team member. He went on to acquire his NJ Insurance Producer license with the ability to review and provide Accident & Health, Life, Long Term Care, and Variable Annuity policies. He also acquired the Essentials of Investment Consulting certification from Investments & Wealth Institute in 2021, and lastly earned his Certified Financial Planner® designation in January 2023.
David earned a bachelor’s degree in international business & Spanish Language from Rollins, where he also competed as a varsity swimmer and studied abroad in Oviedo, Spain. Passionate about educating the next generation on smart financial decisions, he frequently engages with younger clients as their peer. He currently resides in Morristown, NJ.
David earned a bachelor’s degree in international business & Spanish Language from Rollins, where he also competed as a varsity swimmer and studied abroad in Oviedo, Spain. Passionate about educating the next generation on smart financial decisions, he frequently engages with younger clients as their peer. He currently resides in Morristown, NJ.
Securities Agent: NC, ID, CO, AZ, TN, PA, KS, WV, OR, NE, MD, FL, MS, AL, VA, UT, OH, MA, CA, WA, NY, DC, NV, NJ, ME, IL, VT, CT, TX, MI, IN, GA, SC, RI, LA, DE, WI, NH; General Securities Representative; Investment Advisor Representative
About Ananda Smith
Ananda is a Registered Client Service Associate and is responsible providing excellent service to the clients of The Kelly Group. She joined the team after graduating from The George Washington University, where she studied Economics and International Affairs and was a Division I athlete on the Women's Rowing Team (she was named MVP and First Team All-Atlantic 10). She was also a member of the rowing team's Leadership Council. Ananda’s experience in balancing rigorous academic demands with those of her athletic demands allowed her to hone her leadership and teamwork abilities, which will serve her well in her role on the Kelly Group team.
Ananda has passed the SIE (Securities Industry Essentials), Series 7 and Series 66 making her fully licensed. Her commitment to providing exceptional customer service, as well as her desire to learn more about wealth management solutions, prepares her to handle our clients' complex goals.
She is originally from Los Angeles, CA, and her hobbies include running, skiing, and traveling.
Ananda has passed the SIE (Securities Industry Essentials), Series 7 and Series 66 making her fully licensed. Her commitment to providing exceptional customer service, as well as her desire to learn more about wealth management solutions, prepares her to handle our clients' complex goals.
She is originally from Los Angeles, CA, and her hobbies include running, skiing, and traveling.
About Kristin Buro
Kristin is the Group Director for the Kelly Group, bringing her decades of experience in the financial industry. Kristin is the liaison between financial advisors and the operations and administrations group in order to make our clients experience a smooth experience receiving the advice and getting executed. With a strong attention to detail and a client-first mindset, she serves as your primary point of contact for day-to-day account management, helping clients navigate everything from onboarding to ongoing service needs.
About James Kelly
James is a Client Service Associate who strives to make every client interaction rooted in care, consistency, and integrity. His diligence and attention to detail reflect his commitment to delivering excellent service. After gaining valuable experience through internships at Morgan Stanley in summer 2023 and early 2025, James is well prepared to take on a meaningful role with the team. He holds a bachelor’s degree in communications from Loyola University Maryland and has already passed the SIE exam. He is currently working towards full registration by studying for the Series 7 and 66. James currently lives in Greenbrook, New Jersey, and enjoys watching sports, playing basketball, and spending time with his family.
Contact Brian J Kelly
Contact Marybeth Emson
Contact Brian J Kelly Jr.
Contact Michael Cecil
Awards and Recognition
Forbes Best-In-State Wealth Management Teams
2023-2025 Forbes Best-In-State Wealth Management Teams Source: Forbes.com (Awarded 2023-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award.
Wealth Management
Global Investment Office
Portfolio Insights
This is a video content
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
Article Image
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
Article Image
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
Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Ready to start a conversation? Contact The Kelly 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 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3Morgan 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.
4Morgan 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.
5Morgan 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
6Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Morgan 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.
8When 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.
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.
10Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
11Morgan 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.
12When 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.
13Alternative 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.
14Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
15Morgan 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.
16Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
18Morgan 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.
19Morgan 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.
20Morgan 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.
21The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
22Morgan 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.
23Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan Stanley does not assist with buying or selling art in any way and merely provides information to clients interested learning more about the different types of art markets at a high level. Any client interested in buying or selling art should consult with their own independent art advisor.
24Investors 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.
25Morgan 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.
26Morgan 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.
27Morgan 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.
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 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3Morgan 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.
4Morgan 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.
5Morgan 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
6Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Morgan 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.
8When 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.
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.
10Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
11Morgan 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.
12When 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.
13Alternative 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.
14Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
15Morgan 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.
16Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
18Morgan 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.
19Morgan 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.
20Morgan 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.
21The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
22Morgan 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.
23Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan Stanley does not assist with buying or selling art in any way and merely provides information to clients interested learning more about the different types of art markets at a high level. Any client interested in buying or selling art should consult with their own independent art advisor.
24Investors 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.
25Morgan 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.
26Morgan 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.
27Morgan 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.
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)
