Erik R. Laug, CFP®
Senior Vice President, Financial Advisor, Family Wealth Director, Executive Financial Services Director, Portfolio Management Director, Workplace Advisor - Equity Compensation
Phone:
(616) 771-6020(616) 771-6020
The Laug Group at Morgan Stanley
Direct:
(616) 771-6021(616) 771-6021
Toll-Free:
(800) 378-2217(800) 378-2217
Our Mission Statement
We're here to help.
Welcome
We’re here to help. Everything we do stems from this simple mantra.
We come to work every day with the goal of providing bespoke solutions and resources for wealthy individuals and their families, executives, and institutions.
Clients come to The Laug Group for the attention, time, and experience we have to offer. They appreciate the difference it makes to work with a team of professionals focused on providing exceptional services fostered by an ethos of continuous improvement.
Our team exists for the sole purpose of taking care of our clients – providing them with an exemplary experience. To help insure we execute on this goal – not only do we limit the number of our client relationships – we are also very selective about the clients we bring into our practice – with a preference for those looking for broad wealth management and a long-term relationship.
We’re here to help.
2023, 2024 and 2025 Forbes Best-In-State Wealth Management Teams
Sources: Forbes.com (Awarded Jan 2023, 2024 & 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.
https://www.morganstanley.com/disclosures/awards-disclosure.html
We come to work every day with the goal of providing bespoke solutions and resources for wealthy individuals and their families, executives, and institutions.
Clients come to The Laug Group for the attention, time, and experience we have to offer. They appreciate the difference it makes to work with a team of professionals focused on providing exceptional services fostered by an ethos of continuous improvement.
Our team exists for the sole purpose of taking care of our clients – providing them with an exemplary experience. To help insure we execute on this goal – not only do we limit the number of our client relationships – we are also very selective about the clients we bring into our practice – with a preference for those looking for broad wealth management and a long-term relationship.
We’re here to help.
2023, 2024 and 2025 Forbes Best-In-State Wealth Management Teams
Sources: Forbes.com (Awarded Jan 2023, 2024 & 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.
https://www.morganstanley.com/disclosures/awards-disclosure.html
Services Include
- Executive Financial ServicesFootnote1
- Executive Benefit ServicesFootnote2
- Wealth ManagementFootnote3
- Financial PlanningFootnote4
- Estate Planning StrategiesFootnote5
- Philanthropic Services
- Professional Portfolio ManagementFootnote6
- Institutional ServicesFootnote7
- Cash Management and Lending ProductsFootnote8
- Corporate Trust Services
- Alternative InvestmentsFootnote9
- Sustainable InvestingFootnote10
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
OUR CLIENTS
Our clients do not always have the time, or the desire required to address the full range of complex financial issues they face. We not only provide the resources they need, but we devote our full attention to creating, implementing, and maintaining comprehensive plans to help address their challenges and pursue their goals. That leaves our clients free to focus on the most important things: raising their families, running their businesses, contributing to their communities, and enjoying the rewards of their success. Clients we serve include:
• Wealthy Individuals & Families
• Corporate Executives
• Institutions
• Credit Unions
• Wealthy Individuals & Families
• Corporate Executives
• Institutions
• Credit Unions
Approach
Discovery Process
Investing the time to learn about you and your family; your assets and liabilities and the risk exposures, enables us to formulate strategies and customize the relationship to your needs.
Formulation of Tax, Trust and Estate Strategy
Working with your tax and legal advisors, we help analyze your income and estate tax circumstances to identify and tailor planning techniques that may be used to address your objectives.
Creation of Customized Strategic Asset Allocation
Your customized asset allocation reflects risk, opportunities and taxation across multiple entities, while integrating your investing and estate plans.
Integration of Tactical Asset Allocation
Short-term adjustments seek to capitalize on temporary market distortions. Before making adjustments, we analyze the impact of taxes and trading costs on potential returns.
Implementation of a Customized Wealth Strategy
After comprehensive due diligence and analysis of expected results across multiple market scenarios, strategies are chosen from our expansive investment platform.
Ongoing Assessment
In coordination with your other advisors, we can conduct ongoing reviews and comprehensive reporting to ensure that your strategy adapts to changing financial and family needs.
FAMILY OFFICE RESOURCES
While the focus for many affluent families is on the effective transfer of financial capital, finding ways to articulate and preserve the family values is often a bigger challenge. Having access to specialized resources, and enhanced capabilities in this area, can help you create an enduring family legacy that maximizes your financial, human, intellectual, and social capital. Here are additional services available to qualifying clients:
• Tax, Trust & Estate: Holistic analysis of tax, trust and estate planning strategies to help preserve wealth
• Family Governance: Family-focused offering to help address family dynamics and other human capital challenges
• Philanthropy: Suite of services to help define and execute on charitable missions
• Wealth Education: Programs to help build financial knowledge
• Signature Access Lifestyle Advisory: Access to a referral network that can offer an array of specialty services (e.g., private jet advisory)
• Insured Solutions: Comprehensive insurance offering across providers and products
• Tailored Lending: Cash management and lending solutions
• Comprehensive Advice: Easily accessible subject matter experts who can help address the complex, multifaceted challenges of managing significant wealth and help with best practices and executable strategies
Disclosures
The term “Family Office Resources” is being used as a term of art and not to imply that Morgan Stanley and/or its employees are acting as a family office pursuant to Investment Advisers Act of 1940.
Morgan 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
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 matters involving trusts, estate planning, charitable giving, philanthropic planning or other legal matters.
Lifestyle Advisory Services: Products 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 Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
• Tax, Trust & Estate: Holistic analysis of tax, trust and estate planning strategies to help preserve wealth
• Family Governance: Family-focused offering to help address family dynamics and other human capital challenges
• Philanthropy: Suite of services to help define and execute on charitable missions
• Wealth Education: Programs to help build financial knowledge
• Signature Access Lifestyle Advisory: Access to a referral network that can offer an array of specialty services (e.g., private jet advisory)
• Insured Solutions: Comprehensive insurance offering across providers and products
• Tailored Lending: Cash management and lending solutions
• Comprehensive Advice: Easily accessible subject matter experts who can help address the complex, multifaceted challenges of managing significant wealth and help with best practices and executable strategies
Disclosures
The term “Family Office Resources” is being used as a term of art and not to imply that Morgan Stanley and/or its employees are acting as a family office pursuant to Investment Advisers Act of 1940.
Morgan 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
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 matters involving trusts, estate planning, charitable giving, philanthropic planning or other legal matters.
Lifestyle Advisory Services: Products 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 Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
Location
5122 Cascade Road SE 1st
Fl
Grand Rapids, MI 49546
US
Direct:
(616) 771-6021(616) 771-6021
Toll-Free:
(800) 378-2217(800) 378-2217
Meet The Laug Group
Rachel E. Laug, CFP®, CIMA®, CRPC®, QPFC
First Vice President, Financial Advisor, Portfolio Manager, Executive Financial Services Director, Workplace Advisor - Equity Compensation
Phone:
(616) 771-6070(616) 771-6070
Terrence Park, CRPC®
Assistant Vice President, Wealth Management Associate, Financial Planning Specialist
Phone:
(616) 771-6025(616) 771-6025
Max Carlson
Registered Client Service Associate
Phone:
(616) 771-6021(616) 771-6021
About Erik R. Laug
The Laug Group at Morgan Stanley provides insight, experience and resources to assist emerging and senior executives and their families as well as successful credit unions and corporations reach their goals. Erik overseas financial plan design, investment selection and monitoring as well as overall business strategy.
The Laug Group has been recognized as one of Forbes Best-In-State Teams since the inaugural list (2023, 2024 & 2025).
Erik graduated from Grand Valley State University’s Seidman School of Business where he double-majored in finance and business management. He began his financial services career with UBS in 2000, and moved with his retired partner Terri Dunn to Morgan Stanley in 2012.
As one of a select group of Morgan Stanley Family Wealth Directors and Executive Financial Services Directors, Erik has extensive experience helping senior business leaders integrate their investments, compensation packages and retirement benefits into a cohesive overall wealth management plan. He also holds professional designations as a CERTIFIED FINANCIAL PLANNER™ and Chartered Retirement Planning Counselor℠.
In his free time he enjoys studying, reading, golf, tennis and Muay Thai. He resides in Ada with his wife, Rachel.
2023, 2024 & 2025 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded 2023, 2024 & 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.
https://www.morganstanley.com/disclosures/awards-disclosure.html
The Laug Group has been recognized as one of Forbes Best-In-State Teams since the inaugural list (2023, 2024 & 2025).
Erik graduated from Grand Valley State University’s Seidman School of Business where he double-majored in finance and business management. He began his financial services career with UBS in 2000, and moved with his retired partner Terri Dunn to Morgan Stanley in 2012.
As one of a select group of Morgan Stanley Family Wealth Directors and Executive Financial Services Directors, Erik has extensive experience helping senior business leaders integrate their investments, compensation packages and retirement benefits into a cohesive overall wealth management plan. He also holds professional designations as a CERTIFIED FINANCIAL PLANNER™ and Chartered Retirement Planning Counselor℠.
In his free time he enjoys studying, reading, golf, tennis and Muay Thai. He resides in Ada with his wife, Rachel.
2023, 2024 & 2025 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded 2023, 2024 & 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.
https://www.morganstanley.com/disclosures/awards-disclosure.html
Securities Agent: ME, MD, AZ, MT, MI, IL, OR, NY, NE, CA, WI, IN, TX, PA, NV, NJ, ID, MN, LA, GA, CT, TN, MA, FL, AL, VA, RI, CO, OH, KY, IA, UT, NC, AK; General Securities Representative; Investment Advisor Representative
NMLS#: 1368847
CA Insurance License #: 0F86193
NMLS#: 1368847
CA Insurance License #: 0F86193
About Rachel E. Laug
The Laug Group at Morgan Stanley provides insight, experience and resources to assist successful credit unions and corporations as well as emerging and senior executives reach their goals. Rachel Laug is responsible for investment selection, investment policy review and adherence, security evaluation, and trade execution to help clients optimize their investment portfolios. Rachel takes a highly personalized approach to each client. She has a passion for helping others and values building long-term relationships.
The Laug Group has been recognized as one of Forbes Best-In-State Teams since the inaugural list (2023, 2024 & 2025).
Rachel’s career began at UBS Financial Services in 1999 executing comprehensive, financial and estate planning strategies for high net worth clients. In 2007, Rachel was recruited by Morgan Stanley to serve as their Vice President, Complex Risk Officer for the Western Michigan Complex which consisted of 12 offices and over 250 employees. In this role she was responsible for supervisory and compliance functions. In 2011, Rachel was presented with an opportunity to provide financial advisory services to corporate clients, specifically credit unions. During this time Rachel was designated part of the Morgan Stanley Fixed Income Sales Group comprised of a select team of Financial Advisors at the Firm focused on fixed income portfolios.
Rachel was born in Seoul, South Korea. She grew up in Michigan and graduated from Calvin College. In addition to her broad experience, Rachel has completed the Seidman College of Business Financial Planning Certification and the Yale School of Management – Investment Management Theory & Practice Certified Investment Management Analyst (CIMA) Program. She maintains the following professional designations: Certified Financial Planner™, Chartered Retirement Planning Counselor℠, Certified Investment Management Analyst®, Executive Financial Services Director, Portfolio Manager, and Qualified Plan Financial Consultant.
In giving back to the community, Rachel is on the Board of Directors for the American Red Cross of West Michigan, Broadway Grand Rapids, and John Ball Zoo. She is an InvestWrite judge for the SIFMA (Securities Industry and Financial Markets Association) Foundation. Rachel is a member of the Asian Pacific American Chamber of Commerce (APACC) and the Grand Rapids Chamber of Commerce as well as the Morgan Stanley Asian Employee Network, Women in Wealth, and The Women’s Business Alliance – an organization devoted to the advancement of women in the financial services industry. She also serves on the Morgan Stanley National Diversity & Inclusion Council.
When not working, Rachel enjoys spending time with family and exploring new travel destinations. She lives in Ada with her husband Erik.
2023, 2024 & 2025 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded 2023, 2024 & 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.
https://www.morganstanley.com/disclosures/awards-disclosure.html
The Laug Group has been recognized as one of Forbes Best-In-State Teams since the inaugural list (2023, 2024 & 2025).
Rachel’s career began at UBS Financial Services in 1999 executing comprehensive, financial and estate planning strategies for high net worth clients. In 2007, Rachel was recruited by Morgan Stanley to serve as their Vice President, Complex Risk Officer for the Western Michigan Complex which consisted of 12 offices and over 250 employees. In this role she was responsible for supervisory and compliance functions. In 2011, Rachel was presented with an opportunity to provide financial advisory services to corporate clients, specifically credit unions. During this time Rachel was designated part of the Morgan Stanley Fixed Income Sales Group comprised of a select team of Financial Advisors at the Firm focused on fixed income portfolios.
Rachel was born in Seoul, South Korea. She grew up in Michigan and graduated from Calvin College. In addition to her broad experience, Rachel has completed the Seidman College of Business Financial Planning Certification and the Yale School of Management – Investment Management Theory & Practice Certified Investment Management Analyst (CIMA) Program. She maintains the following professional designations: Certified Financial Planner™, Chartered Retirement Planning Counselor℠, Certified Investment Management Analyst®, Executive Financial Services Director, Portfolio Manager, and Qualified Plan Financial Consultant.
In giving back to the community, Rachel is on the Board of Directors for the American Red Cross of West Michigan, Broadway Grand Rapids, and John Ball Zoo. She is an InvestWrite judge for the SIFMA (Securities Industry and Financial Markets Association) Foundation. Rachel is a member of the Asian Pacific American Chamber of Commerce (APACC) and the Grand Rapids Chamber of Commerce as well as the Morgan Stanley Asian Employee Network, Women in Wealth, and The Women’s Business Alliance – an organization devoted to the advancement of women in the financial services industry. She also serves on the Morgan Stanley National Diversity & Inclusion Council.
When not working, Rachel enjoys spending time with family and exploring new travel destinations. She lives in Ada with her husband Erik.
2023, 2024 & 2025 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded 2023, 2024 & 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.
https://www.morganstanley.com/disclosures/awards-disclosure.html
Securities Agent: AZ, PA, IL, OR, RI, NY, NJ, NV, NC, IN, IA, AL, KY, TX, TN, MN, MA, CT, CO, WI, VA, UT, ME, LA, ID, DE, OH, NE, MT, GA, CA, AK, MI, MD, FL; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1938663
CA Insurance License #: 2000120
NMLS#: 1938663
CA Insurance License #: 2000120
About Terrence Park
The Laug Group at Morgan Stanley provides insight, experience and resources to assist emerging and senior executives and their families as well as successful credit unions and corporations reach their goals. As a Wealth Management Associate for The Laug Group, Terry partners with the team to provide ongoing financial planning, trading, and full client service support. Terry connects with our clients periodically in order to better understand their evolving needs and develop their plans. He works closely with advisors to help clients execute their plan and investment strategies. Terry takes pride in his consistent work ethic and dedication to continuous improvement.
The Laug Group has been recognized as one of Forbes Best-In-State Teams since the inaugural list (2023, 2024 & 2025).
Terry brings over 15 years of experience in financial services with prior experience at UBS and Morgan Stanley. Throughout his career he has worked with some of the top wealth management professionals in the industry, serving executives and institutions alike. He is a Chartered Retirement Planning Counselor℠ and Financial Planning Specialist.
Terry was born in Jinju, South Korea and grew up in Chicago, Illinois. He graduated from the University of Illinois at Chicago where he majored in finance. A lifelong student of the markets, he strives to keep an open mind while continually learning and sharing his knowledge. Outside of work he enjoys spending time with his son, hiking, golfing, live music, exploring craft breweries, and tinkering with technology.
2023, 2024 & 2025 Forbes Best-In-State Wealth Management Teams Source: Forbes.com (Awarded 2023, 2024 & 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.
https://www.morganstanley.com/disclosures/awards-disclosure.html
The Laug Group has been recognized as one of Forbes Best-In-State Teams since the inaugural list (2023, 2024 & 2025).
Terry brings over 15 years of experience in financial services with prior experience at UBS and Morgan Stanley. Throughout his career he has worked with some of the top wealth management professionals in the industry, serving executives and institutions alike. He is a Chartered Retirement Planning Counselor℠ and Financial Planning Specialist.
Terry was born in Jinju, South Korea and grew up in Chicago, Illinois. He graduated from the University of Illinois at Chicago where he majored in finance. A lifelong student of the markets, he strives to keep an open mind while continually learning and sharing his knowledge. Outside of work he enjoys spending time with his son, hiking, golfing, live music, exploring craft breweries, and tinkering with technology.
2023, 2024 & 2025 Forbes Best-In-State Wealth Management Teams Source: Forbes.com (Awarded 2023, 2024 & 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.
https://www.morganstanley.com/disclosures/awards-disclosure.html
About Max Carlson
The Laug Group at Morgan Stanley provides insight, experience and resources to assist emerging and senior executives and their families as well as successful credit unions and corporations reach their goals. As a Registered Client Service Associate for The Laug Group, Max partners with the team to provide exceptional client service.
The Laug Group has been recognized as one of Forbes Best-In-State Teams since the inaugural list (2023, 2024 & 2025).
Max began his career at L3Harris working in a financial analyst role. In January 2023 he joined a Wealth Management team in Florida as a Client Service Associate where he also completed his Series 7 and 66 licensing. Having grown up spending his summers with family in Michigan to escape the Florida heat, Max decided to make Michigan his home and joined The Laug Group.
Max has a Bachelor of Science degree in Finance from the University of Central Florida. When he is not working, Max enjoys spending time with family, playing music and traveling.
2023, 2024 & 2025 Forbes Best-In-State Wealth Management Teams Source: Forbes.com (Awarded 2023, 2024 & 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.
https://www.morganstanley.com/disclosures/awards-disclosure.html
The Laug Group has been recognized as one of Forbes Best-In-State Teams since the inaugural list (2023, 2024 & 2025).
Max began his career at L3Harris working in a financial analyst role. In January 2023 he joined a Wealth Management team in Florida as a Client Service Associate where he also completed his Series 7 and 66 licensing. Having grown up spending his summers with family in Michigan to escape the Florida heat, Max decided to make Michigan his home and joined The Laug Group.
Max has a Bachelor of Science degree in Finance from the University of Central Florida. When he is not working, Max enjoys spending time with family, playing music and traveling.
2023, 2024 & 2025 Forbes Best-In-State Wealth Management Teams Source: Forbes.com (Awarded 2023, 2024 & 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.
https://www.morganstanley.com/disclosures/awards-disclosure.html
Contact Erik R. Laug
Contact Rachel E. Laug
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
Joseph V. Portera
Private Banker
Executive Director, Financial Advisor, Family Wealth Director, International Client Advisor, Senior Portfolio Management Director, Workplace Advisor – Equity Compensation, Financial Planning Specialist, Insurance Planning Director, Lending Specialist
About Joseph V. Portera
Joseph Portera is a Private Banker serving Morgan Stanley Wealth Management offices in Michigan.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Joseph began his career in financial services in 2002 and joined Morgan Stanley in 2018. Prior to joining the firm, he served as a Commercial Lender and Market Director at JPMorgan Chase.
Joseph is a graduate of the Haworth College of Business at Western Michigan University where he received a Bachelor of Business Administration in Finance, and Keller Graduate School of Business where he received a Master’s in Business Administration in Finance & Accounting.
Joseph and his family currently reside in Grosse Pointe, MI. Outside of the office, he enjoys martial arts, skiing, tennis, and spending time with his family.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Joseph began his career in financial services in 2002 and joined Morgan Stanley in 2018. Prior to joining the firm, he served as a Commercial Lender and Market Director at JPMorgan Chase.
Joseph is a graduate of the Haworth College of Business at Western Michigan University where he received a Bachelor of Business Administration in Finance, and Keller Graduate School of Business where he received a Master’s in Business Administration in Finance & Accounting.
Joseph and his family currently reside in Grosse Pointe, MI. Outside of the office, he enjoys martial arts, skiing, tennis, and spending time with his family.
NMLS#: 1260889
Morgan Stanley Wealth Management Financial Advisers can conduct their business in several ways: individually, as a member of a team of Financial Advisors, or through the formation of a Strategic Partnership with another Financial Advisor or team of Financial Advisors. A Strategic Partnership is an arrangement between a Financial Advisor or a team of Financial Advisors with another Financial Advisor or team of Financial Advisors that has a unique focus or knowledge regarding a specific business concentration, product area, and/or client type. If your account is with an individual Financial Advisor, that Financial Advisor services all facets of your account. If your account is with a Financial Advisor who is a member of a team, any Financial Advisor on the team can service your account. If your Financial Advisor is part of a Strategic Partnership, his or her role in that Strategic Partnership may be limited to a specific business and/or product area and may not cover all facets of your account. The use of the terms “Partner” or “Strategic Partner” and/or “Partnership” or “Strategic Partnership” are used as terms of art and not used to imply or connote any legal relationship.
Wealth Management
From Our Team
2023 Global Macroeconomic Midyear Outlook
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
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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 Laug 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 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.
2When 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.
3Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
4Morgan 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.
5Morgan 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.
6Morgan 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.
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.
8Morgan 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
9Alternative 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.
10The 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.
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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 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.
2When 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.
3Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
4Morgan 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.
5Morgan 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.
6Morgan 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.
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.
8Morgan 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
9Alternative 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.
10The 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.
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), 3582895 (6/2024)
