Phone:
(559) 636-5640(559) 636-5640
The Legacy Group at Morgan Stanley
Our Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals
Welcome
We formed The Legacy Group to offer our clients a dedicated team of professionals committed to serving their financial planning and wealth management needs; a quality of service that transcends well beyond the capability of the old single advisor model you might be familiar with.The Legacy Group draws upon over a half century of combined experience to create a collaborative effort that delivers a holistic financial service experience that many high-profile and high net worth families are already accustomed to.The Legacy Group believes offering financial advice is a lifelong process that is best managed over time. Drawing upon the best attributes from each team member, when combined with our strategic partners and professional alliances, our team strives to deliver a first-class consultative process that proves difficult for a typical single advisor to match.What distinguishes us is that we recognize that Money Does Not Care Who Owns It... And frankly, neither do we. So whether you are a high-profile celebrity, a professional athlete, a lottery winner, a self-made success story or you were simply in the right place at the right time, we simply don’t care. We do care that money is being properly managed… and through our deep discovery process, we will give you our best assessment of your current financial playbook and what, if any, new game-plan that we feel is to your best interest for you to consider. You can then decide if there is a basis to move forward with The Legacy Group. Whether your goal is to increase your wealth or simply preserve what you already have without undue risk, The Legacy Group is the team that can create a personalized wealth management strategy tailored to your investment, lifestyle and legacy needs.We hope you will find that our website presents an interest-peaking introduction to The Legacy Group as well as offers an informative sampling of what our clients tell us is the most desired services our team delivers.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Process
Our Process
It starts with listening. We ask questions – regarding your needs and dreams, risk tolerance, your time horizon – and then listen.
It’s an ongoing process and this period of discovery helps us make informed recommendations and design a flexible wealth management plan that is uniquely yours.
Please refer to the flow chart below for an overview of our process.
It starts with listening. We ask questions – regarding your needs and dreams, risk tolerance, your time horizon – and then listen.
It’s an ongoing process and this period of discovery helps us make informed recommendations and design a flexible wealth management plan that is uniquely yours.
Please refer to the flow chart below for an overview of our process.
It’s Easy to Let Emotions Get in the Way
The Legacy Group helps clients avoid the emotional traps by following these 6 rules of investing.
• Most opinions or bias are not a portfolio issue
• Have an unemotional, unbiased perspective on the market
• Learn to fail fast.. It’s okay to be wrong; it’s not okay to stay wrong.
• The fear of buying at the top of a market comes from the lack of self discipline
• Either an investment is in an up-trend or a down-trend and its either on a buy signal or a sell signal
• Don’t be confused by news and information… Price of an investment is the summation of all that goes on in the marketplace.
• Most opinions or bias are not a portfolio issue
• Have an unemotional, unbiased perspective on the market
• Learn to fail fast.. It’s okay to be wrong; it’s not okay to stay wrong.
• The fear of buying at the top of a market comes from the lack of self discipline
• Either an investment is in an up-trend or a down-trend and its either on a buy signal or a sell signal
• Don’t be confused by news and information… Price of an investment is the summation of all that goes on in the marketplace.
Location
520 West Main Street
Visalia, CA 93291
US
Direct:
(559) 733-7211(559) 733-7211
Toll-Free:
(800) 755-7211(800) 755-7211
Meet The Legacy Group
Phone:
(559) 636-5667(559) 636-5667
Jessika Cruz
Phone:
(559) 636-5647(559) 636-5647
About Peter Babagian
Founder of the Legacy Group at Morgan Stanley, Peter joined the firm in 1992 and has been with Morgan Stanley throughout his professional career. He holds a Bachelor of Arts degree from the College of Letters and Science conferred upon him by the University of California at Los Angeles (UCLA).
By utilizing a thorough and multi-step client discovery process, Peter contributes to The Legacy Group’s effort by being actively involved in the creation of the comprehensive strategy that is specifically designed to coincide with what is important about money to each of our high and ultra-high net worth clients.
As the Legacy Group’s Portfolio Manager, Peter personally manages each of the uniquely created portfolios on a discretionary basis through the Morgan Stanley Portfolio Management Program.
Peter is also involved in providing our clients with an in-depth analysis on virtually all aspects of their financial life through strategic relationships with other professionals ready and able to help contribute to the overall health of our clients’ investment, life and legacy strategies.
Outside of the office, Peter has been a life-long participant in sports and has enjoyed coaching the youth in his community for nearly two decades focusing on baseball and more prominently, youth tackle football. Peter has ushered many ‘next generation’ players to the next level and looks forward to seeing many of them play in college and professionally.
By utilizing a thorough and multi-step client discovery process, Peter contributes to The Legacy Group’s effort by being actively involved in the creation of the comprehensive strategy that is specifically designed to coincide with what is important about money to each of our high and ultra-high net worth clients.
As the Legacy Group’s Portfolio Manager, Peter personally manages each of the uniquely created portfolios on a discretionary basis through the Morgan Stanley Portfolio Management Program.
Peter is also involved in providing our clients with an in-depth analysis on virtually all aspects of their financial life through strategic relationships with other professionals ready and able to help contribute to the overall health of our clients’ investment, life and legacy strategies.
Outside of the office, Peter has been a life-long participant in sports and has enjoyed coaching the youth in his community for nearly two decades focusing on baseball and more prominently, youth tackle football. Peter has ushered many ‘next generation’ players to the next level and looks forward to seeing many of them play in college and professionally.
Securities Agent: AZ, CO, TX, MT, UT, MO, MI, NV, PA, GA, CA, LA, AK, WA, OR, ID; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1297934
CA Insurance License #: 0B08311
NMLS#: 1297934
CA Insurance License #: 0B08311
About Greg Friesen
Securities Agent: CO, MI, WI, UT, PR, CA, OR, ND, NC, TX, MA, NE, IL, AZ, MT, KS, FL, SD, MO, MN, WA, SC, MD, ID, RI, NV, NM, MS, GA, DC, CT, AR, NJ, IN, TN; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 307043
CA Insurance License #: 0B57036
NMLS#: 307043
CA Insurance License #: 0B57036
Contact Peter Babagian
Contact Greg Friesen
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
Savanah Arellano
Associate Private Banker
Gail G. Brown, CFP®
Financial Planning Director, Assistant Vice President
About Savanah Arellano
Savanah Arellano is an Associate Private Banker serving Morgan Stanley Wealth Management offices in Nevada and California.
Associate Private Bankers partner with Private Bankers and 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.
Savanah began her career in financial services in 2005, and joined Morgan Stanley in 2021 as an Associate Private Banker. Prior to joining the firm, she was a Wealth Management Associate at U.S. Bancorp.
She lives in Las Vegas, NV with her family. Outside of the office, Savanah enjoys reading, cooking and spending time with her kids at their sporting events and volunteering in their classrooms.
Associate Private Bankers partner with Private Bankers and 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.
Savanah began her career in financial services in 2005, and joined Morgan Stanley in 2021 as an Associate Private Banker. Prior to joining the firm, she was a Wealth Management Associate at U.S. Bancorp.
She lives in Las Vegas, NV with her family. Outside of the office, Savanah enjoys reading, cooking and spending time with her kids at their sporting events and volunteering in their classrooms.
NMLS#: 679740
About Gail G. Brown
Gail G. Brown, CFP® CPWA® is Assistant Vice President and Financial Planning Director serving Morgan Stanley’s Wealth Management offices in Central California and Las Vegas. She is responsible for helping Financial Advisors with their clients’ and prospects’ financial planning needs.
Gail began her career in financial services in 2005 and joined Morgan Stanley in 2016. Prior to her current position, she worked in array of financial services to include; lending, business banking, risk management and investment advisory services. Her broad experience has demonstrated to her, the importance of developing a financial plan, that ensures all aspects of our clients’ financial world align and complement one another.
Gail graduated from University of Nevada Las Vegas and holds her CERTIFIED FINANCIAL PLANNER™ and Certified Personal Wealth Advisor® designations.
Gail is a native of Las Vegas and enjoys serving on the board of the local Summerlin Rotary Club. She loves international travel adventures where she can immerse herself in other cultures, camping and getting her hands dirty in her home garden. Gail truly enjoys her work; she finds purpose in providing clarity and peace of mind to our amazing clients and their families.
Gail began her career in financial services in 2005 and joined Morgan Stanley in 2016. Prior to her current position, she worked in array of financial services to include; lending, business banking, risk management and investment advisory services. Her broad experience has demonstrated to her, the importance of developing a financial plan, that ensures all aspects of our clients’ financial world align and complement one another.
Gail graduated from University of Nevada Las Vegas and holds her CERTIFIED FINANCIAL PLANNER™ and Certified Personal Wealth Advisor® designations.
Gail is a native of Las Vegas and enjoys serving on the board of the local Summerlin Rotary Club. She loves international travel adventures where she can immerse herself in other cultures, camping and getting her hands dirty in her home garden. Gail truly enjoys her work; she finds purpose in providing clarity and peace of mind to our amazing clients and their families.
NMLS#: 693330
CA Insurance License #: 0M34241
CA Insurance License #: 0M34241
Wealth Management
From Our Team
Actively Pursuing Tax Alpha
Wealth Management
Global Investment Office
Portfolio Insights
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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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
Ready to start a conversation? Contact The Legacy Group today.
1When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
3Morgan 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.
4Morgan 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
5Morgan 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.
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
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
3Morgan 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.
4Morgan 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
5Morgan 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.
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)
