Arthur J Lubin
Senior Vice President, Financial Advisor, Alternative Investments Director
Phone:
(310) 544-3650(310) 544-3650
The Lubin Group at Morgan Stanley
Direct:
(310) 544-3650(310) 544-3650
Toll-Free:
(800) 225-2079(800) 225-2079
Our Mission Statement
Keeping more of what you earn through tax-efficient wealth management strategies.
The Lubin Group
Above: Morgan Stanley celebrated Arthur's 55th anniversary at the Firm by congratulating him on the big-screen in NYC's Times Square at corporate headquarters. You can see Arthur's name at the beginning of the video as Morgan Stanley congratulates him on his career-spanning commitment.
The Lubin Group brings nearly 80 years of combined investment experience and skill to our client base of affluent individuals, corporations, foundations and endowments, pension funds and corporate retirement plans. Our focus is on limiting our clients’ investment volatility and risk, while aiming to preserve capital and deliver positive returns under all market conditions. We employ a variety of traditional and alternative investments for our high net-worth and institutional clients when implementing a comprehensive financial strategy.
Our team works with clients across a wide range of industries. From computer science professionals and tech executives, to institutional clients and everyone in between, we have the experience and capabilities to help meet their unique needs. Our clients expect the highest standard in every facet of their professional lives, and we aim to meet and exceed those expectations when it comes to their financial goals. Many nationally recognized charitable organizations trust us to help manage and support their investment activities. We bring that same level of care and experience to our high-net-worth families and multigenerational clients, seeking to preserve and protect their hard-earned wealth.
One of the areas of focus is tax efficient financial management. We incorporate techniques like tax-loss harvesting designed to maximize our clients’ after-tax returns while assessing options like 1031 Exchanges and Alternative Investments to defer and reinvest associated capital gains. Through these tax-advantaged vehicles we strive to reduce single security risk while improving tax efficiency for our clients who receive equity compensation or stock options. Browse through our website to learn more about these investment opportunities, and how the Lubin Group can help.
We provide our clients with the investment solutions that help them weather volatile times today, and in the future. Contact us to find out what we can do to help you.
Our offices are located on the Palos Verdes Peninsula convenient to Rolling Hills, Rancho Palos Verdes, Palos Verdes Estates, Redondo Beach, Hermosa Beach, Manhattan Beach, Santa Monica and Los Angeles.
The Lubin Group brings nearly 80 years of combined investment experience and skill to our client base of affluent individuals, corporations, foundations and endowments, pension funds and corporate retirement plans. Our focus is on limiting our clients’ investment volatility and risk, while aiming to preserve capital and deliver positive returns under all market conditions. We employ a variety of traditional and alternative investments for our high net-worth and institutional clients when implementing a comprehensive financial strategy.
Our team works with clients across a wide range of industries. From computer science professionals and tech executives, to institutional clients and everyone in between, we have the experience and capabilities to help meet their unique needs. Our clients expect the highest standard in every facet of their professional lives, and we aim to meet and exceed those expectations when it comes to their financial goals. Many nationally recognized charitable organizations trust us to help manage and support their investment activities. We bring that same level of care and experience to our high-net-worth families and multigenerational clients, seeking to preserve and protect their hard-earned wealth.
One of the areas of focus is tax efficient financial management. We incorporate techniques like tax-loss harvesting designed to maximize our clients’ after-tax returns while assessing options like 1031 Exchanges and Alternative Investments to defer and reinvest associated capital gains. Through these tax-advantaged vehicles we strive to reduce single security risk while improving tax efficiency for our clients who receive equity compensation or stock options. Browse through our website to learn more about these investment opportunities, and how the Lubin Group can help.
We provide our clients with the investment solutions that help them weather volatile times today, and in the future. Contact us to find out what we can do to help you.
Our offices are located on the Palos Verdes Peninsula convenient to Rolling Hills, Rancho Palos Verdes, Palos Verdes Estates, Redondo Beach, Hermosa Beach, Manhattan Beach, Santa Monica and Los Angeles.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Managing Capital Gains
Taxes are inevitable, but there are methods to reduce the drag they have on your portfolio’s returns. Similarly, you might postpone selling your investment property to avoid lofty capital gains taxes, without recognizing the opportunities to defer or reinvest those gains elsewhere. At the Lubin Group, we specialize in identifying tax-advantaged solutions that fit your unique situation.
2023 Tax Tables
Whether you're trying to figure out your marginal tax bracket or simply want to find the new limits on retirement accounts, our 2023 tax tables should have all the information you're looking for. Bookmark this page for quick access as you prepare for the next tax season.
View The 2023 Tax Tables
Concentrated Equity Positions
Many corporate executives and employees with stock options face the dilemma of holding overweight positions in a specific security - especially in relation to their broader portfolio. This can create excessive risk, depending on the investment profile. We can help evaluate and reduce the impact of those concentrated positions, while potentially deferring the sizable capital gains that come from selling those securities outright. Get in touch to learn more.
Tax-Loss Harvesting
It may sound counterintuitive, but unrealized losses aren’t always a bad thing. Tax-loss harvesting is the process of selling underperforming investments to offset taxes on your realized gains. A portion of your realized losses can even be deducted from your income taxes or carried forward to offset gains in the years ahead. At the Lubin Group, we have been employing this tactic for years, helping our clients improve their potential returns by reducing the negative drag of capital gains taxes. Additionally, tax-loss harvesting strategies can be particularly beneficial during underperforming or bear markets.
Click here to learn more about tax-loss harvesting
Donor Advised Funds
“DAFs” are tax-advantaged funds that can be set up in lieu of a private foundation for charitable giving. Many of our clients wish to set up philanthropic initiatives, but the process can often be complex and costly from the start. Donor Advised Funds allows our clients to set up an efficient charitable-giving vehicle from which they can contribute to various public charities, all without excessive management fees. These funds can also be invested in ESG or impact investing portfolios. The Lubin Group has been working with clients to set up DAFs for years, and we will seamlessly walk clients through the entire process from start to finish.
Click here to read more on DAFs and our impact investing optionsWhen managing finances, there are many moving parts to consider when designing a comprehensive planning approach. Take a deeper look into how we can help you, your family, and your business:
Tax Planning
Taxes are inevitable, but few take the necessary steps to optimize the impact taxes have on your hard-earned income. Customizing a tax-efficient plan for your needs helps preserve your wealth for your future and your legacy.
Tax-Efficient Planning
Retirement Planning
Considering future expenses, education costs, medical expenses, and more, are crucial when developing an effective retirement plan. By exploring your financial needs, creating an action plan, and tracking progress, we can assist you in implementing a plan tailored to you and your goals.
Goals-Based Planning
Selling Your Business
Selling the business you've spent your career building is a significant occasion. We can help you make the most of this decision by guiding you through executing the sale or transfer of your business while investing any proceeds while assisting with succession planning.
Prepare to Sell Your Business
Estate Planning
Proactive estate planning helps you plan for the unexpected while leaving a legacy for your loved ones. We can work in tandem with your estate planning professionals to make sure that you are fully prepared when reaching different milestones in your life.
Estate Planning EssentialsOur Research
One of the many benefits of working with a Morgan Stanley Advisor is access to some of the best insights and market research in the industry. For the benefit of our clients, we have compiled some of the top reports from our various research departments. Knowledge is power, and staying informed on the market and global trends is crucial for every investor. We will be updating these resources regularly to keep you up to date on the latest Morgan Stanley perspectives.
Past Event: Making the Most of Your Sudden Wealth
We covered how to handle a sudden financial windfall - be it from inheritance, legal settlement, sale of a home or business, and more. We also laid out some options on how to capitalize on sudden wealth scenarios.
View the FlyerSix Ways to Reduce Your Tax Bill
Now that tax season has come and gone, it creates a good opportunity to review your return and identify areas we can help to potentially reduce the negative drag of taxes. By reviewing your 1040 step-by-step, what you find may surprise you.
Get started here
On the Markets
Morgan Stanley’s Chief Investment Officer and his colleagues break down the latest market trends and share their insights on recent opportunities in this monthly report. Here, they convey their thoughts on the global economy, equities, fixed income, and target asset allocations, among many other topics.
Click here to access the latest report
GIC Weekly
For a more robust analysis, this weekly report from Lisa Shalett and the Global Investment Committee provides a deep dive on the latest market news and investment themes. From global economic trends, to fixed income outlooks and thematic investing, the GIC Weekly is a terrific source for Morgan Stanley’s research content.
Find the new report here every Monday
Thoughts on the Market
In this short-form podcast from Morgan Stanley, thought leaders from teams across the firm share their most timely insights and highlight global investment opportunities. A new episode is released every weekday, covering a broad range of investment related topics.
Click here to subscribe or listen to the latest episodeEmpowering Women
Women are quickly becoming the primary financial decision makers of their households - from building businesses and leading corporations to managing portfolios and more. Our team understands that not all investors are alike, and women investors can sometimes have different priorities when it comes to their financial plans. We prioritize goals-based planning as opposed to simple financial benchmarks when creating a financial strategy. Reach out to us to see how we can help.
Women, Wealth, and Investing
Women have often been overlooked by the financial industry, but today, they control over a third of U.S. household financial assets. Despite this, many women remain underserved by wealth management professionals. Our colleague Elizabeth Dennis lays out what she sees as the future of financial planning for women.
Read the full article
Planning Your Financial Future
Women's needs and objectives often differ from those of men, and we believe the financial planning process should bear that in mind. Many women put their careers on hold to care for children and parents, but on average women outlive men by about five years meaning prudent financial planning is essential. Read the article below and watch our video with actionable steps women can take.
Learn more and view our video
Webinar: Empowering Caregivers
Women are the major providers of long-term care in this country, but they also have long-term care needs of their own. Care is a universal need that is critical for our health, well-being, and protection. From infants to adults to elders, every household is likely to need care support, or caregiving, at some point in time. Guest speaker Liz O’Donnell, author and founder of Working Daughter, a community for women balancing eldercare, careers and more, discusses the importance of asking for help, having a back-up plan and guarding your own health.
Sign-up and watch the replay
Divorce & Loss of a Spouse
Financial planning after the death of a partner - or a divorce that can often feel as traumatic - can be a challenging topic to broach. With the right advisors by your side, you can enter a new phase of your life with confidence and financial independence. Preparation is key when the unexpected occurs, and we can evaluate the best solutions to meet your unique needs.
Read a few tips on taking control of your financesLocation
609 Deep Valley Dr
Ste 400
Rolling Hills Est, CA 90274
US
Direct:
(310) 544-3650(310) 544-3650
Toll-Free:
(800) 225-2079(800) 225-2079
Meet The Lubin Group
Todd Lubin
Vice President, Financial Advisor, Alternative Investments Director
Phone:
(310) 544-3693(310) 544-3693
Alicia Wong
Registered Client Service Associate
Phone:
(310) 544-3651(310) 544-3651
About Arthur J Lubin
Arthur Lubin has been with the Morgan Stanley investment firm for 57 years, providing leadership, continuity and astute wealth management strategies to institutional and ultra-high net worth clients. He manages the investment activities of many notable charitable organizations, educational institutions, and has shepherded the finances of several generations in the same family accounts, a testament to the strength of the professional relationships that he builds and maintains. He focuses on equity research, portfolio hedging strategies and new business planning development.
As founder of the Lubin Group at Morgan Stanley, Arthur offers overall strategic investment focus to the portfolios of the Group’s clients. Some of these types of investments include:
• Private Equity/ Alternative Investments
• Custom Model ETF Portfolios
Arthur earned a B.A. degree in economics from the University of Southern California. He did additional graduate work at USC, obtaining a certificate in business education. Arthur is a founder of Webalo Inc. (A software solutions company) as well as a long-standing member of the prestigious President’s Club at Morgan Stanley for 37 years. He is also a veteran of the U.S. Air Force Reserves. His charitable donations include being a member of the Legacy of Hope Society, channeling funds towards diabetes research.
As founder of the Lubin Group at Morgan Stanley, Arthur offers overall strategic investment focus to the portfolios of the Group’s clients. Some of these types of investments include:
• Private Equity/ Alternative Investments
• Custom Model ETF Portfolios
Arthur earned a B.A. degree in economics from the University of Southern California. He did additional graduate work at USC, obtaining a certificate in business education. Arthur is a founder of Webalo Inc. (A software solutions company) as well as a long-standing member of the prestigious President’s Club at Morgan Stanley for 37 years. He is also a veteran of the U.S. Air Force Reserves. His charitable donations include being a member of the Legacy of Hope Society, channeling funds towards diabetes research.
Securities Agent: NY, SC, OK, NE, GA, KS, IL, FL, DE, AK, CA, WY, TN, MO, CO, NV, WA, TX, AZ, UT, OR; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1262280
CA Insurance License #: 0A58844
NMLS#: 1262280
CA Insurance License #: 0A58844
About Todd Lubin
For the past 24 years, Todd Lubin has helped clients with a wide range of financial needs, including retirement planning, fixed income asset portfolios, and access to small business lending services. His comprehensive background in national banking and mutual fund institutions gives him a unique understanding of the complexity facing small businesses and high net worth individuals and families.
Todd’s primary focus in when implementing alternative investment strategies to accredited investor clients is to reduce risk, enhance potential returns and minimize the correlation with equity and bond markets.
Many of Todd’s clients seek him out while going through important life transitions, such as divorce, death of a spouse, or a career change. His broad background in Financial Services allows him to offer guidance to individuals and small businesses beyond the traditional range of investments.
In particular, Todd’s background in traditional banking endows him with a deep understanding of commercial lending. He enjoys helping clients solve problems in unique ways around issues of personal and commercial financial real estate needs.
Todd has a Bachelor’s Degree in Business and Political Science from the W.P. Carrey School of Business at Arizona State University. He is the Founder and Lead Organizer of the 15,800+ member Santa Monica Hiking Club. Todd lives with his wife Andrea, daughter Hannah, and son Jeremy in Rolling Hills Estates.
Todd’s primary focus in when implementing alternative investment strategies to accredited investor clients is to reduce risk, enhance potential returns and minimize the correlation with equity and bond markets.
Many of Todd’s clients seek him out while going through important life transitions, such as divorce, death of a spouse, or a career change. His broad background in Financial Services allows him to offer guidance to individuals and small businesses beyond the traditional range of investments.
In particular, Todd’s background in traditional banking endows him with a deep understanding of commercial lending. He enjoys helping clients solve problems in unique ways around issues of personal and commercial financial real estate needs.
Todd has a Bachelor’s Degree in Business and Political Science from the W.P. Carrey School of Business at Arizona State University. He is the Founder and Lead Organizer of the 15,800+ member Santa Monica Hiking Club. Todd lives with his wife Andrea, daughter Hannah, and son Jeremy in Rolling Hills Estates.
Securities Agent: SC, MO, GA, TX, NY, AZ, WY, AK, UT, OK, NE, DE, CO, NV, FL, WA, TN, OR, KS, IL, CA; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1261908
CA Insurance License #: 0E84401
NMLS#: 1261908
CA Insurance License #: 0E84401
About Alicia Wong
Alicia is a native of Palos Verdes Estates. She earned a Bachelor of Science in Business Administration from the University of La Verne where she played varsity softball.
She holds Series 7 & 66 licenses and has 9 years of client service experience.
Alicia understands the importance of meeting the client’s needs by always putting them first. She takes great care in listening to client questions and concerns while providing prompt, accurate responses.
Her interests include supporting causes like the Susan G Komen breast cancer organization and volunteering for Peace 4 Kids, a nonprofit supporting children in foster care. She is also an avid baseball fan.
She holds Series 7 & 66 licenses and has 9 years of client service experience.
Alicia understands the importance of meeting the client’s needs by always putting them first. She takes great care in listening to client questions and concerns while providing prompt, accurate responses.
Her interests include supporting causes like the Susan G Komen breast cancer organization and volunteering for Peace 4 Kids, a nonprofit supporting children in foster care. She is also an avid baseball fan.
Contact Arthur J Lubin
Contact Todd Lubin
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
Molly Sakahara, CFP®
Financial Planning Director, Assistant Vice President
About Molly Sakahara
Molly Sakahara is an Assistant Vice President and Financial Planning Director serving Morgan Stanley’s Wealth Management offices in the Los Angeles area. She is responsible for helping Financial Advisors with their clients' and prospects' financial planning needs.
Molly began her career in financial services in 1999 and joined Morgan Stanley in 2015. Prior to her current position, she held positions in wealth management and private banking with an emphasis on helping individuals achieve long term life goals and understanding client’s value system in relation to their wealth.
Molly graduated from UCLA and holds her Certified Financial Planner® designation, California insurance state licensing, and Series 7 and 65. She currently resides in South Pasadena, California with her spouse and two children. Outside of work, she is a squash coach at PlayLA, a committee volunteer with UCLA Chancellor’s Society, is the founder and administrator of Buy Nothing Group for her local city, and serves on the Board of Directors for SoCal Squash Association.
Molly began her career in financial services in 1999 and joined Morgan Stanley in 2015. Prior to her current position, she held positions in wealth management and private banking with an emphasis on helping individuals achieve long term life goals and understanding client’s value system in relation to their wealth.
Molly graduated from UCLA and holds her Certified Financial Planner® designation, California insurance state licensing, and Series 7 and 65. She currently resides in South Pasadena, California with her spouse and two children. Outside of work, she is a squash coach at PlayLA, a committee volunteer with UCLA Chancellor’s Society, is the founder and administrator of Buy Nothing Group for her local city, and serves on the Board of Directors for SoCal Squash Association.
Wealth Management
From Our Team
A $695 Annual Engagement Bonus
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
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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Ready to start a conversation? Contact The Lubin Group today.
1Alternative 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.
2The 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.
3Morgan 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.
4Morgan 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.
5Investors 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.
6Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
7Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
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
2The 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.
3Morgan 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.
4Morgan 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.
5Investors 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.
6Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
7Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
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)
