Executive Director, Portfolio Management Director, Alternative Investments Director, Financial Advisor
Phone:
(732) 435-2217(732) 435-2217
Morgan Stanley Private Wealth Management
The McNeilly Group
Direct:
(732) 435-2217(732) 435-2217
Our Mission Statement
At The McNeilly Group, we are dedicated to helping to empower wealth creators – including visionary business owners and C-suite executives – by helping to provide unparalleled private wealth management services. Our mission is to preserve and grow our clients’ financial legacies through bespoke strategies that reflect their unique ambitions and values. With a commitment to integrity, confidentiality, and excellence, we navigate complex financial landscapes to deliver personalized solutions that help ensure our clients’ wealth serves their life goals, family, and future generations.
Our Story and Services
Empower Your Legacy
At The McNeilly Group, we offer more than just wealth management; we provide a relationship tailored to the ambitious wealth creator. Our value lies in understanding the unique journey of each client – whether you’re a pioneering business owner or a strategic C-suite executive. Leveraging our knowledge and experience, we help craft bespoke financial strategies that aim to not only preserve but enhance your wealth, helping to ensure it aligns with your personal vision and values. With us, your financial legacy is not just managed; it’s cultivated to help thrive across generations, seeking to ensure that your had-earned success continues to benefit you, your family, and the causes you care about. Experience a highly bespoke personalized wealth management, where your legacy is our priority.
At The McNeilly Group, we offer more than just wealth management; we provide a relationship tailored to the ambitious wealth creator. Our value lies in understanding the unique journey of each client – whether you’re a pioneering business owner or a strategic C-suite executive. Leveraging our knowledge and experience, we help craft bespoke financial strategies that aim to not only preserve but enhance your wealth, helping to ensure it aligns with your personal vision and values. With us, your financial legacy is not just managed; it’s cultivated to help thrive across generations, seeking to ensure that your had-earned success continues to benefit you, your family, and the causes you care about. Experience a highly bespoke personalized wealth management, where your legacy is our priority.
Capabilities
- Alternative InvestmentsFootnote1
- Asset Management
- Business PlanningFootnote2
- Business Succession PlanningFootnote3
- Cash Management and Lending ProductsFootnote4
- Corporate Investment SolutionsFootnote5
- Corporate Pension Plans
- Corporate Retirement PlansFootnote6
- Estate Planning StrategiesFootnote7
- Executive Financial ServicesFootnote8
- Financial PlanningFootnote9
- Institutional ServicesFootnote10
- Life InsuranceFootnote11
- Philanthropic ManagementFootnote12
- Professional Portfolio ManagementFootnote13
- Qualified Retirement PlansFootnote14
- Retirement PlanningFootnote15
- Trust ServicesFootnote16
- Wealth PlanningFootnote17
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
About PWM
Founded in 1977, Private Wealth Management is the division of Morgan Stanley Wealth Management that is dedicated to serving the firm’s most affluent clients, including some of the world’s most accomplished entrepreneurs, executives and stewards of multigenerational wealth. Functioning as an exclusive investment boutique within a global financial firm, we deliver sophisticated solutions that leverage the intellectual capital and insight of Morgan Stanley’s substantial global resources. Drawing on a deep understanding of your financial life, our goal is to help you:
- Manage investments with an unwavering focus on your financial strategy and personal goals
- Create comprehensive, multigenerational wealth management plans based on your needs, challenges and the values that guide your life and legacy
- Simplify financial complexity to help you achieve clarity and control
Private Wealth Management Highlights
- Approximately 350 teams1 specialized in assisting individuals and families with $20MM+ in investable assets
- Over $980 billion in AUM1
- Comprising 23% of the Barron’s Top 250 Private Wealth Management Teams for 2024
- Direct access to ultra high net worth experts in philanthropy, family dynamics, wealth transfer, lifestyle advisory and other areas of interest to ultra high net worth families
1 Morgan Stanley Wealth Management, December, 2024
Source: Barron's.com (May 2024) 2024 Barron's Top 250 Private Wealth Management Teams awarded in 2024. The teams are ranked on a variety of factors, including their size and shape, their regulatory records and credentials of their members, and the resources they have at their disposal to serve their client bases. The rankings are meant as a starting point for clients looking for an advisor—a first-pass vetting that can help investors narrow a search. Every advisor will have his or her own approach to investing, financial planning, and other services. Clients are encouraged to approach a search for an advisor the way they would a search for a doctor—interviewing multiple professionals and getting opinions from multiple third parties. Rankings are based on the opinions of Barron's and this ranking may not be representative of any one client’s experience. This ranking is not indicative of the Financial Advisor’s future performance. Morgan Stanley Smith Barney LLC is not affiliated with Barron's. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved.
Our Focus
If you're a business owner or entrepreneur, your work is more than just a job—it's personal to you. At the McNeilly Group, we help ensure that your financial life is managed with the same commitment and vigor that resulted in your success. We offer a full range of resources, including:
Entrepreneur Toolkit
Check out our entrepreneur toolkit, which explains in detail about the lifecycle of an entrepreneur
Family Planning & Wealth Management
Peeling back the layers of traditional wealth management, our direct approach allows you to understand exactly how you'll reach your personal and professional goals – without the middleman.
Retirement & Benefits Assessment
An employee benefits plan is an essential aspect of any business. By assessing your current plan, we can help you optimize your business' strategy, allowing you to save money while encouraging employee retention.
Succession & Exit Planning
We know leaving your business can be stressful. With our specialization in exit strategy, we will work with you and your other trusted advisors to provide not only a smooth transition but also a lifelong benefit.
Business Financing
We believe businesses shouldn't be limited by traditional financing options. That's why we offer access to resources from lines of credit to equity and debt solutions via MS capital partners and our partnered advisory services.
Tax & Estate Planning Strategies
Working in collaboration with our Family Office Resources group and its tax & estate specialists, we can map out your tax planning strategies to best serve your unique situation.
The term "Family Office Resources" is being used as a term of art and not to imply that Morgan Stanley and/or its employees are acting as a family office pursuant to Investment Advisers Act of 1940.
Morgan Stanley Alternative Investments
These are the investments that go beyond traditional stocks and bonds. They can open doors to unique opportunities to help grow and protect your wealth, and have long sought to offer enhanced returns, portfolio diversification, lower volatility, as well as potential tax efficiency.
Our Alternative Investments Platform
Our leading alternatives platform offers 200+ third-party and proprietary funds, including first look and exclusive opportunities, that may help qualified investors enhance returns, reduce volatility, manage taxes and generate income—while maintaining a goals-based approach for asset allocation.
Hedge Funds Platform
Our platform offers world-renowned hedge fund managers specializing in a variety of strategies. Hedge funds have become increasingly popular with a broader segment of the investing public due to their ability to offer diversification and higher potential returns when compared to traditional equity investments
1031 Exchanges
Learn more about 1031 Exchanges and the benefits that they can offer
Private Markets Transaction Desk
Morgan Stanley Wealth Management announced the launch of its Private Markets Transaction Desk, a concierge service that empowers eligible shareholders and investors to buy and sell eligible private company shares in the secondary market.
Private Equity
Amid volatility in stocks and bonds, institutional and individual investors might seek diversification in the growing private equity secondaries market.
Total Tax 365
Morgan Stanley continues to be a leader in both Alternative Investments and tax-advantaged solutions and services. Alternative Investments can do more than generate returns that are less dependent on the direction of the broader stock and bond markets. They also offer qualified investors a more versatile set of strategies for pursuing their goals.
National Recognition & Awards
2024 & 2025 Forbes Best-In-State Wealth Management Teams
The McNeilly Group is named one of 2024 and 2025 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2025)
Data compiled by SHOOK Research LLC based for the period from 3/31/23-3/31/24.
Source: Forbes.com (Awarded Jan 2024)
Data compiled by SHOOK Research LLC based for the period from 3/31/22-3/31/23.
2024 & 2025 Forbes America's Top Women Wealth Advisors & Top Women Best-In-State
Betsy is recognized by Forbes on their 2024 & 2025 ranking of America's Top Women Wealth Advisors Best-In-State.
Source: Forbes.com (Awarded Feb 2025)
Data compiled by SHOOK Research LLC for the period 9/30/23-9/30/24.
Source: Forbes.com (Awarded Feb 2024)
Data compiled by SHOOK Research LLC for the period 9/30/22-9/30/23.
Morgan Stanley PaceSetter's Club
Lauren has been named to Morgan Stanley's esteemed Pacesetter's Club, a group of the Firm's successful Financial Advisors.
Disclosure: https://mgstn.ly/48yHOEI
Morgan Stanley Master's Club
Betsy has been named to Morgan Stanley's prestigious Master's Club, a group of the Firm's accomplished advisors.
Disclosure: https://mgstn.ly/48yHOEI
Location
340 Mount Kemble Avenue
Morristown, NJ 07960
US
Direct:
(732) 435-2217(732) 435-2217
Meet The McNeilly Group
Vice President, Financial Advisor, Portfolio Manager, Financial Planning Specialist
Phone:
(732) 435-2262(732) 435-2262
Chris Connolly, CFP®
Portfolio Management Associate
Phone:
(732) 435-2273(732) 435-2273
About Elizabeth A McNeilly
Betsy McNeilly began her career in banking at JP Morgan Chase, where she quickly distinguished herself as an advisor to her clients. Her experience and dedication led to her recruitment as the Chief Financial Officer for one of her banking clients, a pivotal role in which she guided the company through a successful sale. Following the transaction, she established a Family Office to manage the proceeds, launching her career in the ultra-high-net-worth and family office space.
With more than 25 years of experience, Betsy has become a highly regarded professional in wealth management, concentrating in serving ultra-high-net-worth individuals and families. Today, she leads a private wealth management practice at Morgan Stanley, where she focuses on delivering comprehensive wealth planning and investment management strategies. Her knowledge and experience is particularly valued by highly successful business owners navigating transitions such as liquidity events, mergers, or acquisitions. She and her team have been recognized by Forbes as a Best-In-State Practice and Betsy has also been recognized personally by Forbes as a Best-In-State Woman in Wealth for 2024 and 2025.
Betsy is a Certified Financial Planner and holds an MBA in Finance from the Stern School of Business at New York University. She earned a BA in Economics from Rutgers University, where she is serving her third term as Vice Chair of the university’s Foundation Board. Betsy is also on the Board at McCarter Theatre and a professional advisor to the Princeton Area Community Foundation. She and her husband, Bernie, reside in Sea Girt, NJ where they enjoy pickle ball and golf and are new members of the Spring Lake Country Club.
"2024-2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In- State (formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors)
Source: Forbes.com (Awarded 2024-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
"
With more than 25 years of experience, Betsy has become a highly regarded professional in wealth management, concentrating in serving ultra-high-net-worth individuals and families. Today, she leads a private wealth management practice at Morgan Stanley, where she focuses on delivering comprehensive wealth planning and investment management strategies. Her knowledge and experience is particularly valued by highly successful business owners navigating transitions such as liquidity events, mergers, or acquisitions. She and her team have been recognized by Forbes as a Best-In-State Practice and Betsy has also been recognized personally by Forbes as a Best-In-State Woman in Wealth for 2024 and 2025.
Betsy is a Certified Financial Planner and holds an MBA in Finance from the Stern School of Business at New York University. She earned a BA in Economics from Rutgers University, where she is serving her third term as Vice Chair of the university’s Foundation Board. Betsy is also on the Board at McCarter Theatre and a professional advisor to the Princeton Area Community Foundation. She and her husband, Bernie, reside in Sea Girt, NJ where they enjoy pickle ball and golf and are new members of the Spring Lake Country Club.
"2024-2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In- State (formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors)
Source: Forbes.com (Awarded 2024-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
"
NMLS#: 2087650
About Lauren Conigliaro
As a Vice President, Portfolio Manager, and Financial Advisor at Morgan Stanley, Lauren delivers tailored financial solutions designed to help clients achieve their unique goals. As a CERTIFIED FINANCIAL PLANNER, TM (CFP®), Lauren brings a comprehensive and client-focused approach to wealth management, offering experience in investment strategies, retirement planning, estate considerations, tax-efficient wealth transfer, and risk management.
In the role of Portfolio Manager, Lauren oversees the construction and management of customized investment portfolios, applying a disciplined, research-driven methodology to align asset allocation with clients’ financial objectives and risk tolerance. Leveraging Morgan Stanley’s robust resources, she provides clients with access to cutting-edge tools, insights, and strategies to navigate ever-changing markets.
Growing up in Basking Ridge, NJ, Lauren learned first-hand about the power of sound financial advice from her father, a successful advisor for more than 40 years. She enjoyed observing him as he guided families in simplifying their financial challenges and achieving their long-term goals. This inspired Lauren to pursue a similar career. After graduating Rutgers University, Lauren joined Lincoln Financial as a Private Wealth Advisor before moving to BNY Mellon in 2015 and Morgan Stanley in 2020.
As a second-generation Financial Advisor, Lauren has dedicated her career to fostering strong, lasting relationships built on trust, transparency, and a deep understanding of each client’s financial journey. Her collaborative and thoughtful approach empowers individuals, families, and businesses to make informed decisions and confidently pursue their aspirations. Known for her dedication to excellence and passion for helping others, Lauren thrives on developing holistic financial plans that adapt to clients’ evolving needs. Her goals-based process begins with asking the right questions and actively listening. This information then serves as the foundation for the development of a comprehensive plan and investment portfolio that reflects each client’s goals for the future.
A strong believer in paying it forward, Lauren is passionate about giving back to her community. She is an Associate Board Member for Tri-County Scholarship fund, the Chair of Morgan Stanley’s Northeast Region Women in Wealth Community Outreach Committee and is very active in other organizations. Outside of the office, Lauren enjoys spending time with her husband, Mark and their children. She loves to travel, read, cook, workout, and watch sports.
In the role of Portfolio Manager, Lauren oversees the construction and management of customized investment portfolios, applying a disciplined, research-driven methodology to align asset allocation with clients’ financial objectives and risk tolerance. Leveraging Morgan Stanley’s robust resources, she provides clients with access to cutting-edge tools, insights, and strategies to navigate ever-changing markets.
Growing up in Basking Ridge, NJ, Lauren learned first-hand about the power of sound financial advice from her father, a successful advisor for more than 40 years. She enjoyed observing him as he guided families in simplifying their financial challenges and achieving their long-term goals. This inspired Lauren to pursue a similar career. After graduating Rutgers University, Lauren joined Lincoln Financial as a Private Wealth Advisor before moving to BNY Mellon in 2015 and Morgan Stanley in 2020.
As a second-generation Financial Advisor, Lauren has dedicated her career to fostering strong, lasting relationships built on trust, transparency, and a deep understanding of each client’s financial journey. Her collaborative and thoughtful approach empowers individuals, families, and businesses to make informed decisions and confidently pursue their aspirations. Known for her dedication to excellence and passion for helping others, Lauren thrives on developing holistic financial plans that adapt to clients’ evolving needs. Her goals-based process begins with asking the right questions and actively listening. This information then serves as the foundation for the development of a comprehensive plan and investment portfolio that reflects each client’s goals for the future.
A strong believer in paying it forward, Lauren is passionate about giving back to her community. She is an Associate Board Member for Tri-County Scholarship fund, the Chair of Morgan Stanley’s Northeast Region Women in Wealth Community Outreach Committee and is very active in other organizations. Outside of the office, Lauren enjoys spending time with her husband, Mark and their children. She loves to travel, read, cook, workout, and watch sports.
NMLS#: 2089719
About Chris Connolly, CFP®
As a dedicated Portfolio Management Associate, Chris combines technical experience and a client-centric approach to help individuals and families achieve their financial
goals. Holding the prestigious CERTIFIED FINANCIAL PLANNER® (CFP®) designation, Chris is skilled in crafting comprehensive financial strategies that address
investment management, retirement planning, estate considerations, tax efficiency, and risk management.
With a deep understanding of portfolio construction and market analysis, Chris works closely with senior advisors to develop customized investment solutions tailored to
clients’ unique objectives and risk tolerances. His role includes monitoring portfolio performance, researching market trends , and implementing asset allocation strategies
that align with both short-and long-term financial plans.
Known for his analytical mindset and attention to detail, Chris is passionate about building lasting client relationships by delivering personalized guidance and empowering
individuals to make informed financial decisions. He is committed to ongoing professional development and staying ahead of the ever-changing financial landscape to
provide clients with the highest level of service.
Growing up in Lake Hopatcong, NJ, Chris was always interested in the financial markets and received great satisfaction helping others. Pursuing a career in wealth
management was the perfect opportunity to bring these two passions together. After earning his Finance degree from Marist College in 2014, Chris began his career at
BNY Mellon as a Fund Administrator, before taking on the role of Investment Operations Associate at Prudential Financial a year later.
In 2016, Chris returned to BNY Mellon to work with Elizabeth McNeilly and Lauren Conigliaro. He immediately became an integral member of their team and for the
next five years served as an Associate Wealth Manager, working directly with clients to develop and execute customized strategies designed to help them achieve
their goals. Chris rejoined Elizabeth and Lauren’s practice after they moved to Morgan Stanley in 2021.
Today Chris calls Montclair his home with his fiancée, Meagan. When not assisting clients, he enjoys a broad array of activities including snowboarding, all things fitness,
and cooking. He also loves to spend some of his free time building his own computers and researching the intricacies of new-developing AI technology to further enrich
his ability to connect with and support the diverse needs of his clients.
goals. Holding the prestigious CERTIFIED FINANCIAL PLANNER® (CFP®) designation, Chris is skilled in crafting comprehensive financial strategies that address
investment management, retirement planning, estate considerations, tax efficiency, and risk management.
With a deep understanding of portfolio construction and market analysis, Chris works closely with senior advisors to develop customized investment solutions tailored to
clients’ unique objectives and risk tolerances. His role includes monitoring portfolio performance, researching market trends , and implementing asset allocation strategies
that align with both short-and long-term financial plans.
Known for his analytical mindset and attention to detail, Chris is passionate about building lasting client relationships by delivering personalized guidance and empowering
individuals to make informed financial decisions. He is committed to ongoing professional development and staying ahead of the ever-changing financial landscape to
provide clients with the highest level of service.
Growing up in Lake Hopatcong, NJ, Chris was always interested in the financial markets and received great satisfaction helping others. Pursuing a career in wealth
management was the perfect opportunity to bring these two passions together. After earning his Finance degree from Marist College in 2014, Chris began his career at
BNY Mellon as a Fund Administrator, before taking on the role of Investment Operations Associate at Prudential Financial a year later.
In 2016, Chris returned to BNY Mellon to work with Elizabeth McNeilly and Lauren Conigliaro. He immediately became an integral member of their team and for the
next five years served as an Associate Wealth Manager, working directly with clients to develop and execute customized strategies designed to help them achieve
their goals. Chris rejoined Elizabeth and Lauren’s practice after they moved to Morgan Stanley in 2021.
Today Chris calls Montclair his home with his fiancée, Meagan. When not assisting clients, he enjoys a broad array of activities including snowboarding, all things fitness,
and cooking. He also loves to spend some of his free time building his own computers and researching the intricacies of new-developing AI technology to further enrich
his ability to connect with and support the diverse needs of his clients.
Contact Elizabeth A McNeilly
Contact Lauren Conigliaro
Wealth Management
Global Investment Office
Portfolio Insights
This is a video content
Managing Significant Wealth
- Investment Management
- Wealth Transfer & Philanthropy
- Cash Management & Lending
- Family Governance & Wealth Education
- Lifestyle Advisory
- Business Services
Funding Climate Action: Pathways for Philanthropy
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Insights and Outcomes
Thought Leadership for our ultra high net worth clients, which contains thought-provoking articles, authored by leading experts from Morgan Stanley Family Office Resources.
Private Wealth Management Podcast
Bringing you engaging stories and key insights surrounding the complexities associated with significant wealth, including:
- Intergenerational Planning
- Philanthropic Giving
- Non-Traditional Assets
- Managing Family Wealth
LISTEN | Passion Assets: Investing in Art
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We look forward to discussing your needs and goals, and the exceptional resources we can place at your disposal.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
4Morgan Stanley Smith Barney LLC 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 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.
6When 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.
7Morgan 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.
8Morgan 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.
9Morgan 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.
10Morgan 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.
11Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
12Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
13Morgan 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.
14When 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.
15When 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.
16Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
17Morgan 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.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
The securities/instruments, investments and investment strategies discussed on this website may not be suitable for all investors. The appropriateness of a particular investment or investment strategy will depend on an investor's individual circumstances and objectives. The views and opinions expressed on this website may not necessarily reflect those of Morgan Stanley Smith Barney LLC (“Morgan Stanley”). This website and its associated content are intended for U.S. residents only.
Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice. Visitors to this website 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.
Morgan Stanley Private Wealth Advisers may only transact business in states where they are registered or excluded or exempted from registration. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Morgan Stanley Private Wealth Advisers are not registered or excluded or exempt from registration.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
See the Financial Advisors Biographies for Registration and Licensing information.
Certified Financial Planner™ Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with flame logo)® in the U.S., which it awards to individuals who successfully complete CFP® Board's initial and ongoing certification requirements.
Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.
Lifestyle Advisory Services: Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Private Bankers are employees of Morgan Stanley Private Bank, National Association.
Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Awards Disclosures
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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
4Morgan Stanley Smith Barney LLC 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 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.
6When 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.
7Morgan 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.
8Morgan 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.
9Morgan 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.
10Morgan 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.
11Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
12Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
13Morgan 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.
14When 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.
15When 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.
16Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
17Morgan 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.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
The securities/instruments, investments and investment strategies discussed on this website may not be suitable for all investors. The appropriateness of a particular investment or investment strategy will depend on an investor's individual circumstances and objectives. The views and opinions expressed on this website may not necessarily reflect those of Morgan Stanley Smith Barney LLC (“Morgan Stanley”). This website and its associated content are intended for U.S. residents only.
Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice. Visitors to this website 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.
Morgan Stanley Private Wealth Advisers may only transact business in states where they are registered or excluded or exempted from registration. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Morgan Stanley Private Wealth Advisers are not registered or excluded or exempt from registration.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
See the Financial Advisors Biographies for Registration and Licensing information.
Certified Financial Planner™ Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with flame logo)® in the U.S., which it awards to individuals who successfully complete CFP® Board's initial and ongoing certification requirements.
Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .
Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.
Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.
Lifestyle Advisory Services: Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Private Bankers are employees of Morgan Stanley Private Bank, National Association.
Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Awards Disclosures
CRC 4237142 (02/2025)
