Joseph Mannino
Managing Director, Wealth Management, Financial Advisor, Portfolio Management Director
Phone:
(504) 582-2845(504) 582-2845
The Mannino Group at Morgan Stanley
Direct:
(504) 582-2845(504) 582-2845
Toll-Free:
(800) 227-6121(800) 227-6121
Our Mission Statement
Our mission is to help our clients achieve their financial goals by providing them with personalized service through our team of professionals.
Our Story and Services
Success in achieving important financial goals begins with a comprehensive and personalized wealth management strategy.
Our team has a process that starts with a review of a client’s total financial picture. This review includes an analysis of assets & liabilities; of investment experience & risk tolerance; of short & long term goals and of any related tax & estate considerations. Further, we learn, over time, about relationships that are important to our client’s longer term financial continuity, such as those with close family members, CPAs, attorneys, etc.
By then understanding our client’s total picture, we put our industry and academic experience to work to develop and implement the client’s customized strategy via best-in-class money managers.
As a result of our process and ongoing strategy reviews as they relate to the changing needs of our clients, many of our relationships are now multigenerational.
Our team has a process that starts with a review of a client’s total financial picture. This review includes an analysis of assets & liabilities; of investment experience & risk tolerance; of short & long term goals and of any related tax & estate considerations. Further, we learn, over time, about relationships that are important to our client’s longer term financial continuity, such as those with close family members, CPAs, attorneys, etc.
By then understanding our client’s total picture, we put our industry and academic experience to work to develop and implement the client’s customized strategy via best-in-class money managers.
As a result of our process and ongoing strategy reviews as they relate to the changing needs of our clients, many of our relationships are now multigenerational.
Services Include
- Wealth ManagementFootnote1
- Professional Portfolio ManagementFootnote2
- Retirement PlanningFootnote3
- Planning for Education FundingFootnote4
- Cash ManagementFootnote5
- Financial PlanningFootnote6
- 401(k) Rollovers
- Alternative InvestmentsFootnote7
- AnnuitiesFootnote8
- UGMA/UTMAFootnote9
- 529 PlansFootnote10
- Qualified Retirement PlansFootnote11
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Location
1100 Poydras St
Ste 1900
New Orleans, LA 70163
US
Direct:
(504) 582-2845(504) 582-2845
Toll-Free:
(800) 227-6121(800) 227-6121
Meet The Mannino Group
Walter Weil
Financial Advisor
Phone:
(504) 582-2755(504) 582-2755
Isabella Mannino
Financial Advisor, Financial Planning Specialist
Phone:
(504) 582-2781(504) 582-2781
Deneen O'Connor
Registered Client Service Associate
Phone:
(504) 585-3965(504) 585-3965
Maura Currera
Client Service Associate
Phone:
(504) 585-3911(504) 585-3911
Karli Descant
Registered Client Service Associate
Phone:
(504) 561-6860(504) 561-6860
Cynthia Ricks
Phone:
(504) 582-2788(504) 582-2788
About Joseph Mannino
• Regularly meets with clients and builds relationships that enable him to offer personalized wealth management advice.
• Offers wealth management advice and goes beyond investing to include financial planning, insurance products, and estate & generational wealth preservation strategies.
• Continually develops strategies designed to provide clients with risk adjusted returns relative to the market.
• Joined Morgan Stanley Wealth Management, through predecessor firms, beginning with Legg Mason in 1998.
• From 1990 through 1998, Joey was a financial advisor with Marquis Investments, LLC - First NBC's investment subsidiary.
• Began his career in 1988 at First NBC as a financial analyst.
• Member of Southern Yacht Club, Metairie Country Club, Hermes Carnival Club and various other social organizations.
• Native New Orleanian; alumnus of Jesuit High School.
• Received Bachelors of Science in Finance with a concentration in Real Estate Investments Cum Laude from the University of New Orleans.
• Offers wealth management advice and goes beyond investing to include financial planning, insurance products, and estate & generational wealth preservation strategies.
• Continually develops strategies designed to provide clients with risk adjusted returns relative to the market.
• Joined Morgan Stanley Wealth Management, through predecessor firms, beginning with Legg Mason in 1998.
• From 1990 through 1998, Joey was a financial advisor with Marquis Investments, LLC - First NBC's investment subsidiary.
• Began his career in 1988 at First NBC as a financial analyst.
• Member of Southern Yacht Club, Metairie Country Club, Hermes Carnival Club and various other social organizations.
• Native New Orleanian; alumnus of Jesuit High School.
• Received Bachelors of Science in Finance with a concentration in Real Estate Investments Cum Laude from the University of New Orleans.
Securities Agent: ID, CA, UT, TN, FL, WA, VA, OR, MD, GA, DE, AK, OH, NC, MS, MO, ME, MA, HI, CO, TX, SC, IL, AL, OK, NY, NV, NH, AZ, PA, NJ, MI, LA, DC, CT, MT; General Securities Representative; Investment Advisor Representative
NMLS#: 1253113
NMLS#: 1253113
About Walter Weil
Securities Agent: AK, MI, IL, FL, CA, NC, ID, CT, AL, SC, NH, MT, DE, HI, GA, CO, OK, NY, NJ, LA, WA, PA, OR, MO, VA, ME, MD, AZ, TX, TN, NV, MS, MA, DC, OH; General Securities Principal; General Securities Representative; Investment Advisor Representative
NMLS#: 1273001
NMLS#: 1273001
About Isabella Mannino
• Assists clients with comprehensive wealth planning, portfolio & investment recommendations, alternative investing, and estate & generational wealth preservation strategies.
• Passionate about providing clients with excellent service and fostering client trust.
• Focuses on multigenerational wealth management.
• Joined Morgan Stanley Wealth Management and The Mannino Group as Client Service Associate in May of 2021 and is a second-generation Financial Advisor.
• Native New Orleanian and alumnus of The Academy of the Sacred Heart, New Orleans.
• Received a Bachelors of Science in Management with a concentration in Finance Magna Cum Laude from Tulane University A.B. Freeman School of Business.
• Inducted into Beta Gamma Sigma, a nationally-recognized business honor Society whose members receive admission only for academic excellence.
• During her free time, she enjoys cooking, needlepointing, travelling, and spending time with family and friends.
• Passionate about providing clients with excellent service and fostering client trust.
• Focuses on multigenerational wealth management.
• Joined Morgan Stanley Wealth Management and The Mannino Group as Client Service Associate in May of 2021 and is a second-generation Financial Advisor.
• Native New Orleanian and alumnus of The Academy of the Sacred Heart, New Orleans.
• Received a Bachelors of Science in Management with a concentration in Finance Magna Cum Laude from Tulane University A.B. Freeman School of Business.
• Inducted into Beta Gamma Sigma, a nationally-recognized business honor Society whose members receive admission only for academic excellence.
• During her free time, she enjoys cooking, needlepointing, travelling, and spending time with family and friends.
Securities Agent: MO, MI, AL, AK, TN, DE, OR, MA, NC, ME, HI, GA, NJ, PA, MS, IL, ID, CA, NY, OH, NV, NH, SC, DC, TX, MD, LA, OK, FL, CT, CO, AZ, WA, VA, UT, MT; General Securities Representative; Investment Advisor Representative
NMLS#: 2495665
NMLS#: 2495665
About Deneen O'Connor
- Interacts daily with clients, answering incoming phone calls and assisting with general service inquiries.
- Attends Morgan Stanley meetings and disseminates information to team members.
- Follows system and technology enhancements to keep team members informed about upcoming changes.
- Prior to joining Morgan Stanley, Deneen was an Account Specialist at Minerals Technologies where she maintained various cash and asset accounts, assisted in the implementation of new software and consolidated financial reports for various areas of the company.
- Prior experience also includes working several years at JPMorgan Chase (and predecessor firms) in various positions including community relations manager, sales support coordinator and account analysis coordinator.
- Deneen earned a Bachelor of Business Administration in Finance from Loyola University New Orleans.
- Attends Morgan Stanley meetings and disseminates information to team members.
- Follows system and technology enhancements to keep team members informed about upcoming changes.
- Prior to joining Morgan Stanley, Deneen was an Account Specialist at Minerals Technologies where she maintained various cash and asset accounts, assisted in the implementation of new software and consolidated financial reports for various areas of the company.
- Prior experience also includes working several years at JPMorgan Chase (and predecessor firms) in various positions including community relations manager, sales support coordinator and account analysis coordinator.
- Deneen earned a Bachelor of Business Administration in Finance from Loyola University New Orleans.
About Maura Currera
- Interacts daily with clients, answering incoming phone calls and assisting with general service inquiries.
- Maura transfers funds, schedules wire transfers, assists with deposits and check requests and provides general support for the team.
- Maura has over forty years of operations experience in the industry, with Morgan Stanley and predecessor firms, including processing funds and securities, opening accounts, placing orders and order corrections and general processing of tasks as required for maintenance of accounts and assets on the system.
- Maura transfers funds, schedules wire transfers, assists with deposits and check requests and provides general support for the team.
- Maura has over forty years of operations experience in the industry, with Morgan Stanley and predecessor firms, including processing funds and securities, opening accounts, placing orders and order corrections and general processing of tasks as required for maintenance of accounts and assets on the system.
About Karli Descant
- Interacts daily with clients, answering incoming phone calls and assisting with general service inquiries.
- Karli is responsible for day-to-day administrative tasks and works to create a seamless client experience.
- Prior to joining The Mannino Group, Karli worked with another wealth management team at Morgan Stanley in Baton Rouge, Louisiana.
- Karli earned a Bachelor of Science in Finance from Louisiana State University.
- Karli is responsible for day-to-day administrative tasks and works to create a seamless client experience.
- Prior to joining The Mannino Group, Karli worked with another wealth management team at Morgan Stanley in Baton Rouge, Louisiana.
- Karli earned a Bachelor of Science in Finance from Louisiana State University.
Contact Joseph Mannino
Contact Walter Weil
Contact Isabella Mannino
Wealth Management
Global Investment Office
Portfolio Insights
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
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
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.
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
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
Article Image
Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Ready to start a conversation? Contact The Mannino Group today.
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley’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.
3When 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.
4When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
5Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
6Morgan 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.
7Alternative 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.
8Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
10Investors 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.
11When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3When 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.
4When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
5Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
6Morgan 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.
7Alternative 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.
8Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
10Investors 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.
11When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)