Louis Meltzer
Managing Director, Private Wealth Management, Private Wealth Advisor, Workplace Advisor - Equity Compensation, International Client Advisor, Lending Specialist
Phone:
(212) 492-6745(212) 492-6745
Morgan Stanley Private Wealth Management
The Meltzer Dunn Fakhoury Group
Our Mission Statement
We focus on advising venture-backed founders, entrepreneurs, C-suite executives, and early employees primarily of private companies.
Our Service and Values
Welcome to the Meltzer Dunn Fakhoury Group at Morgan Stanley Private Wealth Management. We are a bi-coastal private wealth advisor practice headquartered in New York.
We advise venture-backed founders wherever they build—from New York to Boston to Los Angeles.
Many of our clients are building or scaling companies through periods of significant growth, fundraising, acquisition, or IPO preparation. As equity compensation and concentrated stock positions become a larger component of personal wealth, financial decisions often become increasingly interconnected with tax strategy, liquidity planning, estate considerations, and long-term family goals.
Our team of private wealth advisors work closely with clients to help create thoughtful strategies around pre-IPO planning, QSBS planning, stock option and equity compensation analysis, concentrated stock diversification, and income tax optimization. We also coordinate alongside outside CPAs and attorneys to help clients evaluate opportunities before major liquidity events occur.
Whether preparing for a public offering, managing post-liquidity wealth, or planning for future generations, we help clients navigate financial complexity with a disciplined and highly personalized approach.
Capabilities
- Pre-liquidity Planning
- Equity Compensation
- Business Succession PlanningFootnote1
- Estate Planning StrategiesFootnote2
- Cash Management & LendingFootnote3
- Tax, Trust & Estate AdvisoryFootnote4
- 10b5-(1) Programs
- Hedging Strategies
- Risk Management
- Investment Management
- Private Investments
- Alternative InvestmentsFootnote5
- Single Family Office Services
- Philanthropic Services
- Family Governance & Wealth Education
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 300 teams specialized in assisting individuals and families with $20MM+ in investable assets
- Over $1.2 trillion in AUM
- Comprising 26% of the Barron’s Top 100 Financial Advisors list for 2025
- 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, September 2025
Source: Barron's (Awarded March 2025) This ranking was determined based on an evaluation process conducted by Barron's for the period Oct 2023-Sept 2024. Neither Morgan Stanley Smith Barney LLC nor its Financial Advisors or Private Wealth Advisors paid a fee to Barron's to obtain or use the ranking. This ranking is based on an algorithm that includes client retention, industry experience, review of compliance records, firm nominations, and quantitative criteria, including assets under management and revenue generated for their firms. Investment performance is not a criterion. Rankings are based on the assessment of Barron's and 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.
Specialized Pre-Liquidity Planning
Liquidity events can create extraordinary opportunities — and significant complexity. We advise venture-backed founders, startup executives, and early employees through the financial decisions surrounding IPOs, acquisitions, tender offers, and concentrated equity positions. Our team helps clients evaluate strategies related to:
- Pre-IPO planning
- QSBS planning and tax optimization
- Stock option and equity compensation planning
- Rule 10b5-1 trading plans
- Hedging and diversification strategies
- Monetization of concentrated stock
- Restricted stock and insider planning
- Cash flow and lending strategies
- Estate and gifting strategies for low-basis shares
Our goal is to help clients navigate complex liquidity events by planning ahead, managing cash flow and liquidity needs, and implementing strategies to address concentrated equity, lending and wealth-transfer objectives.
Spousal Lifetime Access Trusts (SLATs)
View the presentation below to learn more about SLATs and review relevant use cases of how they are seamlessly implemented.
Maximizing Your Equity Compensation
Learn how executives can define a strategy that efficiently navigates the complexities of equity awards to achieve their personal financial goals.
Qualified Small Business Stock
In general, Internal Revenue Code ("IRC") Section 1202 allows taxpayers (other than corporations) to exclude from gross income a portion of the gain from the sale or exchange of "qualified small business stock" ("QSBS") acquired at original issue and held for more than 5 years
Concentrated Position Toolkit
Understand the risks of concentrated stock positions and explore tax-smart strategies to help diversify your holdings.
Gifting the Estate Tax Exemption While Maintaining Access
The gift and estate tax exemption amount is $15 million per individual and $30 million for married couples in 2026. Many clients wish to use the exemption but are concerned with maintaining control of the funds and maintaining access should they need it. Which estate planning strategies are employed (and when) depends on one's particular circumstances, priorities, and goals.
Pre-IPO Planning
Drawing on deep experience managing IPO-generated wealth for highly successful entrepreneurs, our team delivers the expertise, insight and extensive resources needed to help you achieve your goals.
Family Office Resources
Significant wealth often creates opportunities and responsibilities that extend far beyond investments alone.
We work with founders, entrepreneurs, business owners, and multigenerational families to help simplify financial complexity and coordinate long-term planning strategies.
Our Family Office Resources include guidance around:
- Trust and estate planning strategies
- Multigenerational wealth transfer
- Philanthropic planning
- Insurance analysis and risk management
- Tax-aware investment planning
- Family governance and legacy planning
- Lending and liquidity solutions
- Business succession considerations
Our goal is to help clients preserve flexibility, maintain alignment across generations, and create enduring financial legacies. Below are pertinent resources that illustrate Morgan Stanley's Family Office Resources capabilities.
Family Office Resources Overview
As your family grows and your wealth increases, you may face more subtle and profound wealth management issues. As the demands of your family grow and evolve, you will likely need professionals who have expanded capabilities.
Family Governance and Wealth Education
We can help you address the complexities of transferring wealth from generation to generation, advising on specific strategies designed to preserve values and create an enduring family legacy. We will work with you to find processes, structures and strategies that help you and your family use your financial capital to strengthen, enhance and perpetuate meaningful, fulfilling and engaged lives.
Donor Advised Funds (DAFs)
While many individuals and families have a deep commitment to philanthropy, charitable giving is not limited to those with significant wealth. Donor advised funds (DAFs) are among the easiest and most tax-advantaged ways to give to charity for donors across the spectrum of wealth.
Philanthropy Management
Philanthropy Management supports individuals, families, corporate and private foundations, and nonprofit organizations by offering a suite of services to help define and realize clients' charitable missions.
Tax, Trust, & Estate Planning
Our experienced professionals are available to discuss various tax, trust and estate strategies with you and your advisors, help facilitate the implementation of those strategies, and focus on the integration of your investment plans. A key first step is to understand what trust, tax and estate structures and planning are in place and frame it pictorially in a trust map to understand how assets might flow from one generation to the next.
Lending and Liquidity Solutions
We understand that our clients and their families often have financial needs that extend beyond investment strategies. Our cash management and lending solutions are designed to provide dedicated capabilities to help meet these unique requirements.
Location
55 East 52nd Street 10th
Fl
New York, NY 10055
US
Direct:
(212) 492-6758(212) 492-6758
Fax:
(914) 418-3335(914) 418-3335
28 State Street
33rd Floor
Boston, MA 02109
US
100 Wilshire Blvd
1900
Santa Monica, CA 90401
US
Meet The Meltzer Dunn Fakhoury Group
Managing Director, Private Wealth Management, Private Wealth Advisor, Alternative Investments Director, Workplace Advisor - Equity Compensation, Insurance Planning Director, Lending Specialist, International Client Advisor, Founders Specialist
Phone:
(212) 492-6746(212) 492-6746
Hadi Fakhoury, CFA, CFP®
Executive Director, Private Wealth Advisor, Alternative Investments Director, Workplace Advisor - Equity Compensation, Lending Specialist, Insurance Planning Director, International Client Advisor
Phone:
(212) 492-6747(212) 492-6747
Dana Lambert, CFA, CAIA
Private Wealth Advisor, Senior Vice President, Family Wealth Director
Phone:
(212) 492-6748(212) 492-6748
Eugene Kim
Assistant Vice President, Consulting Group Analyst
Phone:
(212) 492-6749(212) 492-6749
Kathleen Reynolds
Vice President, Group Director
Phone:
(212) 492-6756(212) 492-6756
Surani Sirisena, CFP®*
First Vice President, Director of Business Strategy
Phone:
(212) 492-6755(212) 492-6755
Kristen Paulsen
Senior Client Service Associate
Phone:
(212) 492-6758(212) 492-6758
Alyson Reeves, CFP®, CDFA®
Vice President, Investment Consultant
Phone:
(212) 492-6760(212) 492-6760
Jack Snedaker
Private Wealth Management Analyst
Phone:
(212) 492-6761(212) 492-6761
Kelly Bensel
Assistant Vice President, Private Wealth Associate
Phone:
(212) 492-6940(212) 492-6940
Morissa Cox
Registered Client Service Associate
Phone:
(212) 692-2869(212) 692-2869
Rosa Milazzo
Client Service Associate
Phone:
(212) 492-6700(212) 492-6700
Lucas Graham Brown
Client Relationship Analyst
Phone:
(212) 492-6703(212) 492-6703
About Louis Meltzer
Louis Meltzer is a Managing Partner of The Meltzer Dunn Fakhoury Group. He advises a select group of highly successful individuals, families, founders, and senior executives, delivering sophisticated wealth management strategies tailored to the complexities of substantial wealth. Since co-founding the team in 2003, Louis and his partners have built their practice around intellectual rigor, comprehensive customization, and an unwavering commitment to client service. Louis oversees the New York office.
Louis has extensive experience advising entrepreneurs, corporate executives, and business owners on complex financial matters that often arise alongside significant liquidity and wealth creation events. His practice specializes on capital markets insight, lending and liquidity solutions, portfolio risk management, and hedging strategies designed to help clients navigate evolving market environments while maintaining flexibility and long-term strategic alignment. Drawing on decades of experience working with sophisticated investors and corporate leaders, Louis helps clients evaluate opportunities surrounding concentrated stock positions, customized financing structures, and broader wealth preservation strategies.
As a trusted advisor and advocate for his clients, Louis takes a highly collaborative approach, frequently coordinating with clients, attorneys, accountants, and other professional advisors to develop integrated wealth management solutions aligned with both personal and business objectives. His dedication to delivering thoughtful and customized advice has earned national recognition from Forbes on multiple occasions, including being named to the Forbes Best-in-State Wealth Advisors list.
Outside of his professional responsibilities, Louis remains actively involved in his community. He participates in a mentor program through Sponsors for Educational Opportunity and maintains close ties with University of Miami as a member of the university's President's Council: an invitation-only group of distinguished volunteer leaders and advocates committed to the university's mission to Educate, Engage, and Lead.
Forbes “Best-in-State Wealth Advisors” in 2018, 2019, 2020
Source: Forbes.com (Awarded 2018, 2019, 2020). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Louis has extensive experience advising entrepreneurs, corporate executives, and business owners on complex financial matters that often arise alongside significant liquidity and wealth creation events. His practice specializes on capital markets insight, lending and liquidity solutions, portfolio risk management, and hedging strategies designed to help clients navigate evolving market environments while maintaining flexibility and long-term strategic alignment. Drawing on decades of experience working with sophisticated investors and corporate leaders, Louis helps clients evaluate opportunities surrounding concentrated stock positions, customized financing structures, and broader wealth preservation strategies.
As a trusted advisor and advocate for his clients, Louis takes a highly collaborative approach, frequently coordinating with clients, attorneys, accountants, and other professional advisors to develop integrated wealth management solutions aligned with both personal and business objectives. His dedication to delivering thoughtful and customized advice has earned national recognition from Forbes on multiple occasions, including being named to the Forbes Best-in-State Wealth Advisors list.
Outside of his professional responsibilities, Louis remains actively involved in his community. He participates in a mentor program through Sponsors for Educational Opportunity and maintains close ties with University of Miami as a member of the university's President's Council: an invitation-only group of distinguished volunteer leaders and advocates committed to the university's mission to Educate, Engage, and Lead.
Forbes “Best-in-State Wealth Advisors” in 2018, 2019, 2020
Source: Forbes.com (Awarded 2018, 2019, 2020). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
NMLS#: 579044
About Jacob Dunn
Jake Dunn is a Founding Partner of The Meltzer Dunn Fakhoury Group and a private wealth advisor who advises successful entrepreneurs, business owners, executives, and private growth company professionals on the complex financial decisions that often accompany significant wealth creation events. Jake oversees the Boston office.
His practice specializes on highly customized planning strategies designed to help clients navigate pre-liquidity events, concentrated equity positions, executive compensation structures, and multigenerational wealth transfer planning. Working closely with clients, attorneys and tax professionals, Jake also provides guidance around executive compensation, stock options, and long-term wealth structuring designed to preserve and efficiently transfer wealth across generations.
In addition to his work with entrepreneurs and private business owners, Jake advises Fortune 500 executives on investment management, lending and liquidity strategies, trust and estate planning frameworks, and sophisticated wealth management solutions tailored to the demands of senior leadership roles.
Prior to joining Morgan Stanley in 2020, Jake spent 12 years at Merrill Lynch, where he advanced to become a Private Wealth Advisor.
Jake graduated from Cornell University School of Hotel Administration before beginning his career in the hospitality industry and later transitioning to wealth management. He has earned the Certified Financial Planner (CFP®) and Certified Private Wealth Advisor® (CPWA®) designations, reflecting his commitment to delivering comprehensive advice to high-net-worth individuals and families.
Jake lives in Boston with his wife, Jessica, their three children, Morgan, Marni, and Hudson, and their dog, Pax.
His practice specializes on highly customized planning strategies designed to help clients navigate pre-liquidity events, concentrated equity positions, executive compensation structures, and multigenerational wealth transfer planning. Working closely with clients, attorneys and tax professionals, Jake also provides guidance around executive compensation, stock options, and long-term wealth structuring designed to preserve and efficiently transfer wealth across generations.
In addition to his work with entrepreneurs and private business owners, Jake advises Fortune 500 executives on investment management, lending and liquidity strategies, trust and estate planning frameworks, and sophisticated wealth management solutions tailored to the demands of senior leadership roles.
Prior to joining Morgan Stanley in 2020, Jake spent 12 years at Merrill Lynch, where he advanced to become a Private Wealth Advisor.
Jake graduated from Cornell University School of Hotel Administration before beginning his career in the hospitality industry and later transitioning to wealth management. He has earned the Certified Financial Planner (CFP®) and Certified Private Wealth Advisor® (CPWA®) designations, reflecting his commitment to delivering comprehensive advice to high-net-worth individuals and families.
Jake lives in Boston with his wife, Jessica, their three children, Morgan, Marni, and Hudson, and their dog, Pax.
Securities Agent: DE, VI, WV, SC, RI, FL, MT, KY, KS, CA, NJ, ME, DC, AL, NC, MN, MD, CT, WI, VT, VA, OR, NV, LA, HI, AZ, TN, PA, NM, ND, MS, MI, MA, CO, WY, TX, OK, OH, NY, NH, MO, IN, ID, IA, AR, AK, WA, UT, SD, IL, GA, NE; General Securities Representative; Investment Advisor Representative
NMLS#: 577769
NMLS#: 577769
About Hadi Fakhoury
Hadi is a Managing Partner of the Meltzer Dunn Fakhoury Group. He is dedicated exclusively to advising founders and early executives of high-growth private and public companies, partnering with them through every stage of the entrepreneurial journey—from early liquidity structuring and equity compensation strategy to major liquidity events and post-exit planning. Headquartered in NYC, our team has partners across New York, Los Angeles, and Boston
Hadi holds the Chartered Financial Analyst® (CFA®) designation and is a Certified Financial Planner™ (CFP®), a designation awarded by the Certified Financial Planner Board of Standards, Inc.
He currently lives in Los Angeles with his wife, Kylee, and their son, Nash, and daughter, Reese.
Hadi holds the Chartered Financial Analyst® (CFA®) designation and is a Certified Financial Planner™ (CFP®), a designation awarded by the Certified Financial Planner Board of Standards, Inc.
He currently lives in Los Angeles with his wife, Kylee, and their son, Nash, and daughter, Reese.
Securities Agent: NM, IN, NC, IL, WV, ND, CT, WY, UT, TX, SD, OH, MI, KY, AR, VA, TN, RI, KS, CA, AL, AK, SC, OK, NY, WI, OR, NV, NH, ID, NE, MS, LA, HI, GA, DC, CO, VT, VI, MO, MN, MD, IA, FL, DE, PA, AZ, WA, NJ, MT, ME, MA; General Securities Representative; Investment Advisor Representative
NMLS#: 1217931
NMLS#: 1217931
About Dana Lambert
Dana Lambert joined the firm in September 2020, bringing more than 25 years of institutional investment and capital markets experience to his advisory practice. Dana works in the New York City office alongside Louis.
Dana's experience helps private technology and growth company executives with diversification, liquidity, and tax management questions. Dana focuses on navigating wealth structuring, and investment choices facing these professionals and other successful high net worth clients.
Dana began his career at Wertheim Schroder in 1994 as an equity research analyst before joining Lazard in 1999, where he led the firm's software and Internet research efforts during a transformative period in the technology sector and broader capital markets. He later spent five years at JHC Capital in Greenwich, Connecticut, focused on hedge fund portfolio management and investment analysis, before joining Royce & Associates, where he helped manage small-cap value portfolios.
Prior to transitioning to wealth management at Merrill Lynch in 2017, Dana spent over two decades on the institutional side of Wall Street focusing on equity research, portfolio management, and investment strategy across public and private markets.
Dana resides in Larchmont with his wife, son, and daughter.
Dana's experience helps private technology and growth company executives with diversification, liquidity, and tax management questions. Dana focuses on navigating wealth structuring, and investment choices facing these professionals and other successful high net worth clients.
Dana began his career at Wertheim Schroder in 1994 as an equity research analyst before joining Lazard in 1999, where he led the firm's software and Internet research efforts during a transformative period in the technology sector and broader capital markets. He later spent five years at JHC Capital in Greenwich, Connecticut, focused on hedge fund portfolio management and investment analysis, before joining Royce & Associates, where he helped manage small-cap value portfolios.
Prior to transitioning to wealth management at Merrill Lynch in 2017, Dana spent over two decades on the institutional side of Wall Street focusing on equity research, portfolio management, and investment strategy across public and private markets.
Dana resides in Larchmont with his wife, son, and daughter.
NMLS#: 1707643
About Eugene Kim
Eugene focuses on the implementation and management of portfolio models and allocations for the team, carrying out investment due diligence using both quantitative and qualitative manager selection screens, regularly meeting with equity and fixed income portfolio managers, as well as performing analysis in the alternative investment space within real assets, private equity and credit, hedge funds, and structured products. He has over 19 years of experience, having had prior roles as a proprietary equities trader, a business banker at JPMorgan Chase, and also as a financial advisor at Morgan Stanley, when he joined in 2017. Eugene received a bachelor’s degree in business administration with a concentration in finance from the Stern School of Business at New York University. Eugene is an avid cyclist and has cycled in many areas in the US as well as several times across the Italian Alps and Dolomites. Eugene lives in Brooklyn, NY with his wife and son, where they enjoy spending time outdoors as well as volunteering for local causes.
About Kathleen Reynolds
Kathleen focuses on providing highly personalized, attentive, and timely service to clients. She is accustomed to working with accomplished individuals and families who have complex requirements, including Rule 144 filings, 10b5-1 plans, collateralized brokerage accounts, and personal banking needs. Kathleen is also integral to day-to-day client requests, such as wires and transfers, technology access, and reporting. Focused on clients’ needs, she enjoys helping families streamline the many details of their financial lives so they can concentrate on their personal and professional priorities. Kathleen is a graduate of the State University of New York at Albany and currently lives in Jersey City, New Jersey.
About Surani Sirisena
Surani applies her investment insights and analytical skills to help clients pursue their wealth management goals. Her responsibilities include relationship management, portfolio analysis, investment monitoring, trade execution, performance reporting, and business management. Surani is a Certified Financial Planner™ (CFP®) certificant*, a designation awarded by the Certified Financial Planner Board of Standards, Inc. Surani earned her bachelor’s degree in economics from New York University and a master’s degree in International Affairs/International Finance from Columbia University. She lives in Austin, Texas, with her husband and daughter.
*This role cannot solicit or provide investment advice
*This role cannot solicit or provide investment advice
About Kristen Paulsen
Kristen oversees the day-to-day administrative and operational functions of the team. She ensures that all systems, resources, and staff are aligned to achieve synergy within the group. Some of her responsibilities include executing long-term initiatives, maintaining associate alignment with overall team goals, and enabling achievability of key targets for the group. She is a central point of communication for the team and is responsible for mentoring newer team members. Kristen also assists ultra-high-net-worth clients with a range of financial needs, and provides timely and accurate client service.
Kristen earned her bachelor’s degree in communications with a minor in dance from Rutgers, The State University of New Jersey – New Brunswick.
Kristen currently resides in Union, New Jersey with her Dalmatian, Luna. In her free time she enjoys singing, dancing, pilates, and reading.
Kristen earned her bachelor’s degree in communications with a minor in dance from Rutgers, The State University of New Jersey – New Brunswick.
Kristen currently resides in Union, New Jersey with her Dalmatian, Luna. In her free time she enjoys singing, dancing, pilates, and reading.
About Alyson Reeves
Alyson is an Investment Consultant with the Meltzer Dunn Fakhoury Group. She provides customized financial planning solutions to multi-generational families and other ultra-high net worth clients, to help build and preserve wealth. Alyson is passionate about educating next-gen clients and empowering them to making sound financial decisions. She also focuses on providing guidance to individuals going through the divorce process. Alyson is a Certified Financial Planner™ (CFP®)*, a designation awarded by the Certified Financial Planner Board of Standards, Inc. She also earned her Certified Divorce Financial Analyst ®* certification. Alyson graduated with distinction from the University of Wisconsin-Madison with a bachelor’s degree in Personal Finance, a CFP® Board-registered program. She joined Merrill Lynch in June of 2017 upon graduating from college and moved with the team to Morgan Stanley in the fall of 2020.
Originally from Platteville, Wisconsin, Alyson lives in the Chelsea neighborhood of Manhattan, and enjoys traveling and staying active.
NMLS#: #1976553
Originally from Platteville, Wisconsin, Alyson lives in the Chelsea neighborhood of Manhattan, and enjoys traveling and staying active.
NMLS#: #1976553
About Jack Snedaker
Jack focuses on the execution and ongoing management of clients’ investments for the team. He is solutions-driven in his methodology and produces precise, detail-oriented analytical work. Some of his duties include performance reporting, investment analysis, and managing an array day-to-day team processes.
Jack received his B.B.A from the Gabelli School of Business at Fordham University, where he graduated with Honors. His area of concentration was Finance and Financial Management.
Jack currently resides in Fairfield, Connecticut with his girlfriend Emily, and their pets, Lucy and Gnocchi. He enjoys boating on the Long Island Sound, hiking, and cooking in his spare time.
Jack received his B.B.A from the Gabelli School of Business at Fordham University, where he graduated with Honors. His area of concentration was Finance and Financial Management.
Jack currently resides in Fairfield, Connecticut with his girlfriend Emily, and their pets, Lucy and Gnocchi. He enjoys boating on the Long Island Sound, hiking, and cooking in his spare time.
About Kelly Bensel
Kelly Bensel brings over eight years of experience in finance to her role as an Assistant Vice President and Private Wealth Associate with The Meltzer Dunn Fakhoury Group at Morgan Stanley. In her role, she focuses on supporting client relationships through planning analysis and helping clients work toward their financial goals.
Prior to joining the firm in 2021, Kelly worked on the Investments and Investor Relations teams at Atlas Merchant Capital, a global investment firm. In that role, she helped manage relationships with existing and prospective investors and supported fundraising efforts for two private equity funds and a credit opportunities fund.
Kelly graduated from Rutgers University with a major in Political Science and a minor in Urban Planning and Public Policy. Originally from Bergen County, New Jersey, Kelly now resides in Brooklyn. Outside of work, she enjoys spending time with family and friends, cooking, watching sports, and staying active.
Prior to joining the firm in 2021, Kelly worked on the Investments and Investor Relations teams at Atlas Merchant Capital, a global investment firm. In that role, she helped manage relationships with existing and prospective investors and supported fundraising efforts for two private equity funds and a credit opportunities fund.
Kelly graduated from Rutgers University with a major in Political Science and a minor in Urban Planning and Public Policy. Originally from Bergen County, New Jersey, Kelly now resides in Brooklyn. Outside of work, she enjoys spending time with family and friends, cooking, watching sports, and staying active.
About Morissa Cox
Morissa is a Private Wealth Management Registered Client Service Associate providing comprehensive wealth management advice to high-net-worth individuals and families with focuses on relationship onboarding, cash flow management, public equity and fixed income trading, and highly attentive client service. Prior to joining the firm in 2021, Morissa worked at Goldman Sachs in their Private Wealth Management Division with 6 years in the industry. Morissa earned her BS in biology from the State University of New York at Fredonia.
Currently Morissa resides in Long Island with her daughter. In her spare time, she enjoys connecting with family and friends, roller skating, reading, and attending her daughter’s competitive gymnastics events.
Currently Morissa resides in Long Island with her daughter. In her spare time, she enjoys connecting with family and friends, roller skating, reading, and attending her daughter’s competitive gymnastics events.
About Rosa Milazzo
Rosa brings over a decade of diverse experience in executive support, project management, and client relations. As an Executive Assistant to the MDF Group team, she is pivotal in providing administrative support, managing project workflows, and optimizing operational efficiency. Before joining Morgan Stanley, Rosa further developed her project management expertise at a luxury interior design firm. She combines her educational foundation with a commitment to excellence, making her a vital asset to her team and clients.
A graduate of Berkeley College, Rosa holds a Bachelor of Business Administration in Marketing, Management, and Merchandising.
She currently resides in Long Island City with her cat and enjoys volunteering, Pilates, spending time with family, reading and cooking.
A graduate of Berkeley College, Rosa holds a Bachelor of Business Administration in Marketing, Management, and Merchandising.
She currently resides in Long Island City with her cat and enjoys volunteering, Pilates, spending time with family, reading and cooking.
About Lucas Graham Brown
Lucas Graham-Brown is a Client Relationship Analyst for the Meltzer Dunn Fakhoury Group at Morgan Stanley. He brings a well-rounded background across financial services, investment analysis, and financial reporting, with prior experience at EY, the University of Richmond’s Student-Managed ETF Fund, and Major League Baseball.
Lucas earned his Bachelor of Business Administration in Economics from the University of Richmond, where he was actively involved in several on-campus organizations including the club baseball team. He has also completed the Securities Industry Essentials exam and will soon complete the Series 7 and 66 exams furthering his knowledge of the securities industry.
In his role, Lucas supports the team with a thoughtful, analytical approach and a strong commitment to delivering high-level performance reporting, investment analysis, and client service.
Lucas recently moved to New York from San Francisco, and enjoys being outdoors, skiing, and staying active.
Lucas earned his Bachelor of Business Administration in Economics from the University of Richmond, where he was actively involved in several on-campus organizations including the club baseball team. He has also completed the Securities Industry Essentials exam and will soon complete the Series 7 and 66 exams furthering his knowledge of the securities industry.
In his role, Lucas supports the team with a thoughtful, analytical approach and a strong commitment to delivering high-level performance reporting, investment analysis, and client service.
Lucas recently moved to New York from San Francisco, and enjoys being outdoors, skiing, and staying active.
Contact Louis Meltzer
Contact Jacob Dunn
Contact Hadi Fakhoury
Contact Dana Lambert
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
Tony Silva
Private Banker
Charlotte Spatz
Private Banker
Kyle Witte, CFP®
Financial Planning Director, Vice President
Van Liao, CFP®
Financial Planning Director, Vice President
Chris Smith
Trust Specialist
Mary Beth Powers
Trust Specialist
Victor Diune
Family Office Resource Generalist
About Tony Silva
Tony Silva is a Private Banker serving Morgan Stanley’s Wealth Management offices in New York City.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Tony began his career in financial services in 1995, and joined Morgan Stanley in 2015. Prior to his current position, he was a Project Manager in our Home Loans organization. Prior to joining the firm, he held a number of roles at mortgage financing institutions.
Tony is a graduate of Rutgers University, where he received a Bachelor of Science in Management. He lives in Livingston, NJ with his family. Outside of the office, Tony enjoys traveling, playing soccer, and spending time with family and friends.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Tony began his career in financial services in 1995, and joined Morgan Stanley in 2015. Prior to his current position, he was a Project Manager in our Home Loans organization. Prior to joining the firm, he held a number of roles at mortgage financing institutions.
Tony is a graduate of Rutgers University, where he received a Bachelor of Science in Management. He lives in Livingston, NJ with his family. Outside of the office, Tony enjoys traveling, playing soccer, and spending time with family and friends.
NMLS#: 217945
About Charlotte Spatz
Charlotte Spatz is a Private Banker serving Morgan Stanley Wealth Management offices in New York.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Charlotte began her career in financial services in 2015, and joined Morgan Stanley in 2016 as a Complex Administrator. Prior to being promoted to her current position, Charlotte served as an Associate Private Banker supporting Wealth Management offices in New York City and was a Regional Administrator before that. Before joining the firm, she was an Operations Associate at the Lebenthal & Co.
Charlotte is a graduate of the Marist College, where she received a Bachelor of Arts in Communication. She currently lives in Greenwich, Connecticut.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Charlotte began her career in financial services in 2015, and joined Morgan Stanley in 2016 as a Complex Administrator. Prior to being promoted to her current position, Charlotte served as an Associate Private Banker supporting Wealth Management offices in New York City and was a Regional Administrator before that. Before joining the firm, she was an Operations Associate at the Lebenthal & Co.
Charlotte is a graduate of the Marist College, where she received a Bachelor of Arts in Communication. She currently lives in Greenwich, Connecticut.
NMLS#: 2008389
About Kyle Witte
Kyle Witte is a vice president and financial planning director serving Morgan Stanley’s Wealth Management offices in Midtown Manhattan. He is responsible for helping financial advisors with their clients' and prospects' financial planning needs.
Kyle began his career in financial services with Morgan Stanley in 2012. Prior to his current position, he worked with the financial planning product development team.
Kyle graduated from Florida State University and holds his CERTIFIED FINANCIAL PLANNER™ designation. He lives on the West Side of Manhattan and appreciates all the perks of a walkable city. Outside of work, he enjoys traveling with friends, reading, football, soccer, and fundraising for a community golf tournament held annually in Florida.
DISCLOSURE:
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan 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.
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.
© 2026 Morgan Stanley Smith Barney LLC. Member SIPC.
Kyle began his career in financial services with Morgan Stanley in 2012. Prior to his current position, he worked with the financial planning product development team.
Kyle graduated from Florida State University and holds his CERTIFIED FINANCIAL PLANNER™ designation. He lives on the West Side of Manhattan and appreciates all the perks of a walkable city. Outside of work, he enjoys traveling with friends, reading, football, soccer, and fundraising for a community golf tournament held annually in Florida.
DISCLOSURE:
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan 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.
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.
© 2026 Morgan Stanley Smith Barney LLC. Member SIPC.
About Van Liao
Van Liao is a vice president and financial planning director serving Morgan Stanley Wealth Management offices in Boston, MA. She is responsible for helping financial advisors with their clients’ and prospects’ financial planning needs.
Van began her career in financial services in 2006 and joined Morgan Stanley in 2022. Prior to her current position, she was the senior financial planning consultant at Citizens Securities, Inc., working closely with financial advisors and their clients to achieve financial success through a holistic approach of financial planning. Before joining Citizens Securities, Inc., Van was with LPL Financial as a senior financial planning consultant, where she coached over 3,800 advisors to create comprehensive, client-focused financial plans. Van also spent about six years at Wells Fargo Family Wealth, where she collaborated with financial advisors and investment professionals to provide specialized advisory services to high- and ultra-high-net-worth families and business owners.
Van graduated from Clark University with a BA in business management and MS in finance. She also holds her CERTIFIED FINANCIAL PLANNER™ designation. Van is an active member of the Financial Planning Association of New England. She dedicates her time and effort to promoting the planning profession, empowering financial literacy, and building a strong professional community. Van also serves on the Women's Initiative Committee and the DEI Committee, and is an active advocate for women and minorities.
Van is of Chinese descent and was born and raised in Ho Chi Minh City, Vietnam. She speaks fluent Vietnamese and Chinese (both Cantonese and Mandarin). Van believes her multi-cultural background has enriched her life in so many ways, personally and professionally.
Van resides in Quincy, MA, with her family, including her husband, her two boys, and a beautiful Siamese cat, Yoyo. Outside of work, Van enjoys traveling, cooking, and spending precious time with her boys.
DISCLOSURE:
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan 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.
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.
© 2026 Morgan Stanley Smith Barney LLC. Member SIPC.
Van began her career in financial services in 2006 and joined Morgan Stanley in 2022. Prior to her current position, she was the senior financial planning consultant at Citizens Securities, Inc., working closely with financial advisors and their clients to achieve financial success through a holistic approach of financial planning. Before joining Citizens Securities, Inc., Van was with LPL Financial as a senior financial planning consultant, where she coached over 3,800 advisors to create comprehensive, client-focused financial plans. Van also spent about six years at Wells Fargo Family Wealth, where she collaborated with financial advisors and investment professionals to provide specialized advisory services to high- and ultra-high-net-worth families and business owners.
Van graduated from Clark University with a BA in business management and MS in finance. She also holds her CERTIFIED FINANCIAL PLANNER™ designation. Van is an active member of the Financial Planning Association of New England. She dedicates her time and effort to promoting the planning profession, empowering financial literacy, and building a strong professional community. Van also serves on the Women's Initiative Committee and the DEI Committee, and is an active advocate for women and minorities.
Van is of Chinese descent and was born and raised in Ho Chi Minh City, Vietnam. She speaks fluent Vietnamese and Chinese (both Cantonese and Mandarin). Van believes her multi-cultural background has enriched her life in so many ways, personally and professionally.
Van resides in Quincy, MA, with her family, including her husband, her two boys, and a beautiful Siamese cat, Yoyo. Outside of work, Van enjoys traveling, cooking, and spending precious time with her boys.
DISCLOSURE:
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan 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.
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.
© 2026 Morgan Stanley Smith Barney LLC. Member SIPC.
About Chris Smith
Chris Smith is an Executive Director and Head of Morgan Stanley’s Trust Services Group. As a 30-year employee of Morgan Stanley, Chris is responsible for maintaining the “Open Architecture” trustee platform, which consists of thirteen third-party trust companies who can serve in a fiduciary, agency or custodial role for ultra-high-net worth client trust accounts. Chris and the Trust Services Group help Advisors, clients, prospects and the professional community understand the corporate trustee services available through Morgan Stanley and how our corporate trustee partners can be used to provide fiduciary solutions for clients. This involves reviewing trust document and statements as well as analyzing family dynamics. Chris then uses this information to recommend one or more of the firm’s third-party corporate trustee partners to possibly serve as trustee, co-trustee or administrative agent for a client trust account.
Prior to joining Morgan Stanley (Dean Witter), Chris worked in the Retirement Plans department of Prudential Securities and prior to that the District Agency department of Prudential Insurance Company. Chris holds a Bachelor of Arts degree in Communication/Journalism and Psychology from St. John Fisher College in Rochester, NY. He lives in Saratoga Springs, NY with his wife Sharon and two boys, Ryan and Michael and has a passion for golf, skiing and horse racing.
Prior to joining Morgan Stanley (Dean Witter), Chris worked in the Retirement Plans department of Prudential Securities and prior to that the District Agency department of Prudential Insurance Company. Chris holds a Bachelor of Arts degree in Communication/Journalism and Psychology from St. John Fisher College in Rochester, NY. He lives in Saratoga Springs, NY with his wife Sharon and two boys, Ryan and Michael and has a passion for golf, skiing and horse racing.
About Mary Beth Powers
Mary Beth Powers is Executive Director and Trust Specialist for Morgan Stanley covering the New York Metro region, responsible for presenting Morgan Stanley’s third-party trustee partner platform to Morgan Stanley Wealth Management Financial Advisors, clients and prospects. Leveraging the capabilities of our trust company partners, Mary Beth assists to identify appropriate fiduciary solutions, which are essential to the management, preservation and transfer of accumulated wealth. This process includes coordination with the client’s financial, legal and tax advisors to ensure proper trust planning implementation.
Mary Beth has worked in the trust and estate services industry for over thirty years, primarily handling trust new business opportunities. Before joining Morgan Stanley, Mary Beth spent ten years as a senior vice president and regional trust specialist with Citigroup Trust in NYC.
Mary Beth received a Bachelor of Science from Seton Hall University, South Orange, New Jersey and is Series 7 and 63 licensed. She resides with her husband and family in Blauvelt, New York.
Mary Beth has worked in the trust and estate services industry for over thirty years, primarily handling trust new business opportunities. Before joining Morgan Stanley, Mary Beth spent ten years as a senior vice president and regional trust specialist with Citigroup Trust in NYC.
Mary Beth received a Bachelor of Science from Seton Hall University, South Orange, New Jersey and is Series 7 and 63 licensed. She resides with her husband and family in Blauvelt, New York.
About Victor Diune
Victor Diune is a Family Office Resources Generalist for Morgan Stanley’s Family Office Resources, covering the Northeast Region. In this capacity, Victor provides specialized expertise to Financial Advisors and their UHNW clients across a broad range of family wealth management issues including; family governance and wealth education, strategic estate and financial planning, philanthropy management and lifestyle advisory. Victor has over 20 years of experience advising wealthy families, business owners, and their children.
Victor has spent the last 22 years at Bank of America/Merrill Lynch. Most recently, he was a Director, Wealth Strategist, working with Merrill Private Wealth Advisors and Financial Advisors, along with their UHNW clients advising them on estate and legacy planning, wealth transfer strategies and philanthropic planning. He was also responsible for developing, consulting and implementing business succession plans as well as providing advice on fiduciary investment management and tax reduction strategies.
Victor received a Bachelor of Arts degree in Political Science from University of Illinois in Urbana-Champaign, received his JD/MBA degree from Suffolk University Law School/Sawyer School of Management, and his LLM in Tax from Boston University School of Law. He holds a Series 7 and 66 securities licenses. He currently lives in Hopkinton, MA with his wife and their 4 children.
Victor has spent the last 22 years at Bank of America/Merrill Lynch. Most recently, he was a Director, Wealth Strategist, working with Merrill Private Wealth Advisors and Financial Advisors, along with their UHNW clients advising them on estate and legacy planning, wealth transfer strategies and philanthropic planning. He was also responsible for developing, consulting and implementing business succession plans as well as providing advice on fiduciary investment management and tax reduction strategies.
Victor received a Bachelor of Arts degree in Political Science from University of Illinois in Urbana-Champaign, received his JD/MBA degree from Suffolk University Law School/Sawyer School of Management, and his LLM in Tax from Boston University School of Law. He holds a Series 7 and 66 securities licenses. He currently lives in Hopkinton, MA with his wife and their 4 children.
Private Banking Group (PBG) Market Managers, Senior Private Bankers, Private Bankers, and Associate Private Bankers are employees of Morgan Stanley Private Bank, National Association.
Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC.
Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Morgan Stanley Wealth Management Financial Advisors can conduct their business in several ways: individually, as a member of a team of Financial Advisors, or through the formation of a Strategic Partnership with another Financial Advisor or team of Financial Advisors. A Strategic Partnership is an arrangement between a Financial Advisor or a team of Financial Advisors with another Financial Advisor or team of Financial Advisors that has a unique focus or knowledge regarding a specific business concentration, product area, and/or client type. If your account is with an individual Financial Advisor, that Financial Advisor services all facets of your account. If your account is with a Financial Advisor who is a member of a team, any Financial Advisor on the team can service your account. If your Financial Advisor is part of a Strategic Partnership, his or her role in that Strategic Partnership may be limited to a specific business and/or product area and may not cover all facets of your account. The use of the terms “Partner” or “Strategic Partner” and/or “Partnership” or “Strategic Partnership” are used as terms of art and not used to imply or connote any legal relationship.
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan 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.
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.
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 trusts, estate planning, charitable giving, philanthropic planning and other legal matters.
Morgan Stanley 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.
Trusts are not necessarily appropriate for all clients. There are risks and considerations which may outweigh any potential benefits. Establishing a trust will incur fees and expenses which may be substantial. Trusts often incur ongoing administrative fees and expenses such as the services of a corporate trustee, attorney, or tax professional.
Trust services are provided by third parties who are not affiliated with Morgan Stanley. Neither Morgan Stanley nor its affiliates are the provider of such trust services and will not have any input or responsibility concerning a client’s eligibility for, or the terms and conditions associated with these trust services. Neither Morgan Stanley nor its affiliates shall be responsible for any advice or services provided by the unaffiliated third parties. Morgan Stanley or its affiliates may participate in transactions on a basis separate from the referral of clients to these third parties and may receive compensation in connection with referrals made to them.
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.
Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC.
Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Morgan Stanley Wealth Management Financial Advisors can conduct their business in several ways: individually, as a member of a team of Financial Advisors, or through the formation of a Strategic Partnership with another Financial Advisor or team of Financial Advisors. A Strategic Partnership is an arrangement between a Financial Advisor or a team of Financial Advisors with another Financial Advisor or team of Financial Advisors that has a unique focus or knowledge regarding a specific business concentration, product area, and/or client type. If your account is with an individual Financial Advisor, that Financial Advisor services all facets of your account. If your account is with a Financial Advisor who is a member of a team, any Financial Advisor on the team can service your account. If your Financial Advisor is part of a Strategic Partnership, his or her role in that Strategic Partnership may be limited to a specific business and/or product area and may not cover all facets of your account. The use of the terms “Partner” or “Strategic Partner” and/or “Partnership” or “Strategic Partnership” are used as terms of art and not used to imply or connote any legal relationship.
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan 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.
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.
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 trusts, estate planning, charitable giving, philanthropic planning and other legal matters.
Morgan Stanley 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.
Trusts are not necessarily appropriate for all clients. There are risks and considerations which may outweigh any potential benefits. Establishing a trust will incur fees and expenses which may be substantial. Trusts often incur ongoing administrative fees and expenses such as the services of a corporate trustee, attorney, or tax professional.
Trust services are provided by third parties who are not affiliated with Morgan Stanley. Neither Morgan Stanley nor its affiliates are the provider of such trust services and will not have any input or responsibility concerning a client’s eligibility for, or the terms and conditions associated with these trust services. Neither Morgan Stanley nor its affiliates shall be responsible for any advice or services provided by the unaffiliated third parties. Morgan Stanley or its affiliates may participate in transactions on a basis separate from the referral of clients to these third parties and may receive compensation in connection with referrals made to them.
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.
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Managing Significant Wealth
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Private Wealth Management Podcast
Bringing you engaging stories and key insights surrounding the complexities associated with significant wealth, including:
- Intergenerational Planning
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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.
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 Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.
1Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
2Morgan 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.
3Morgan 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
4Morgan Stanley Smith Barney LLC and its affiliates and their employees (including Financial Advisors and Private Wealth Advisors) are not in the business of providing tax or legal advice. These materials and any statements contained herein should not be construed as tax or legal advice. Individuals should consult their personal tax advisor or attorney for matters involving taxation and tax planning and their attorney for matters involving personal trusts and estate planning.
5Alternative 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.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
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 Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
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 | Morgan Stanley
1Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
2Morgan 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.
3Morgan 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
4Morgan Stanley Smith Barney LLC and its affiliates and their employees (including Financial Advisors and Private Wealth Advisors) are not in the business of providing tax or legal advice. These materials and any statements contained herein should not be construed as tax or legal advice. Individuals should consult their personal tax advisor or attorney for matters involving taxation and tax planning and their attorney for matters involving personal trusts and estate planning.
5Alternative 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.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
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 Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
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 | Morgan Stanley
CRC 4677197 (7/2025), 4763067 (9/2025)
