Carl Morgan, PFS®
Senior Vice President, Financial Advisor, Financial Planning Specialist
Phone:
(610) 430-1079(610) 430-1079
The Morgan Failla Group at Morgan Stanley
Direct:
(610) 430-1084(610) 430-1084
Our Mission Statement
We strive to establish trustworthy relationships that are based on objective advice and unsurpassed customer service that exceeds clients' expectations.
Valuing Relationships with Our Clients
The success of the Morgan Failla Group is predicated on the relationships we have established with individuals and families. Our clients truly matter to us and they are the lifeblood of our group; by connecting with our clients, we get to know them on a personal level and develop a thorough understanding of their needs and goals. We constantly interact with our clients and tailor advice to each individual client; as our clients transition through life stages, we adapt and adjust our advice accordingly. No matter the time or day of the week, we make sure that we are just a phone call or email away; our group insists on making sure our clients know that they are in good hands.
At the Morgan Failla Group, we empower individuals and families to achieve and maintain financial independence; this is a fundamental principle that drives our successful practice. We focus on what is most important to our clients and provide the critical thinking, specialized skills and global resources that enable our clients to make more informed decisions about their finances. With more than 75 years of experience between us, we have helped hundreds of clients stay on track to achieve their personal and family goals. The Morgan Failla Group takes tremendous pride in the successful relationships we have established with our clients.
At the Morgan Failla Group, we empower individuals and families to achieve and maintain financial independence; this is a fundamental principle that drives our successful practice. We focus on what is most important to our clients and provide the critical thinking, specialized skills and global resources that enable our clients to make more informed decisions about their finances. With more than 75 years of experience between us, we have helped hundreds of clients stay on track to achieve their personal and family goals. The Morgan Failla Group takes tremendous pride in the successful relationships we have established with our clients.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
The Importance of Customized Advice
As an investor, the various demands on your capital and cash flow require and deserve custom-fit, tax-efficient, portfolio solutions. These tailored solutions include:
• Dependable and predictable cash flow amounts
• Taxes optimized to your capital gains or income tax requirements
• Total returns and risk profiles that are tailored to your comfort zone
• Transparent exposure to individual stocks, bonds and alternatives – know what you own!
Solutions often require tailored investment strategies to achieve diversification and reduce risk. We often assist clients in the following unique areas:
- Concentrated positions that require diversification
- Investment goals shifting from growth to a need for predictable income
- Legacy assets inherited or bequeathed
- Unwieldy realized gains or losses from sale of a business or property
Concentrated Wealth:
Many of our clients are owners of privately held entities or executives of publicly traded companies. Their wealth results from years of sweat equity and require a taxable event to unlock. The Morgan-Failla Group will work with you to incorporate your needs, goals, and objectives into a custom, tax efficient plan that optimizes returns and minimizes investment risk.
Legacy Portfolios
Clients who own assets with significant, embedded capital gains are often restricted from realizing the benefits of a diversified portfolio. We work with you to develop a plan to reduce risky concentrated positions while managing against unwelcome tax burdens. Our plans include annual budgets to realize targeted gains/losses customized to your tax needs while allocating your capital to assets that are specific to wherever your risk tolerance is along the preservation-to-growth spectrum.
• Dependable and predictable cash flow amounts
• Taxes optimized to your capital gains or income tax requirements
• Total returns and risk profiles that are tailored to your comfort zone
• Transparent exposure to individual stocks, bonds and alternatives – know what you own!
Solutions often require tailored investment strategies to achieve diversification and reduce risk. We often assist clients in the following unique areas:
- Concentrated positions that require diversification
- Investment goals shifting from growth to a need for predictable income
- Legacy assets inherited or bequeathed
- Unwieldy realized gains or losses from sale of a business or property
Concentrated Wealth:
Many of our clients are owners of privately held entities or executives of publicly traded companies. Their wealth results from years of sweat equity and require a taxable event to unlock. The Morgan-Failla Group will work with you to incorporate your needs, goals, and objectives into a custom, tax efficient plan that optimizes returns and minimizes investment risk.
Legacy Portfolios
Clients who own assets with significant, embedded capital gains are often restricted from realizing the benefits of a diversified portfolio. We work with you to develop a plan to reduce risky concentrated positions while managing against unwelcome tax burdens. Our plans include annual budgets to realize targeted gains/losses customized to your tax needs while allocating your capital to assets that are specific to wherever your risk tolerance is along the preservation-to-growth spectrum.
PROCESS, LEARN, ADAPT, NOTICE
The Morgan Failla Group’s approach to financial planning is objective, disciplined and comprehensive. We understand that every client is different and we build customized plans that address their unique wants and needs. Even though every client is different, we use the same meticulous process when creating a plan for all of our clients.
1. Building a Foundation
Our group emphasizes the importance of listening before we recommend tailored solutions. Conversations with our clients help us discover their ambitions, hesitations and unique conditions. Questions that we ask our clients include:
- Who are you as a person?
- Who are you as an investor?
- What do you wish to achieve for yourself? Your family?
- What do you value now and in the future?
- What do you hope to pass down to your family?
- How do you wish to give back to your community?
With a working understanding of our clients’ desires, we move forward with the next phase of our process.
- Who are you as a person?
- Who are you as an investor?
- What do you wish to achieve for yourself? Your family?
- What do you value now and in the future?
- What do you hope to pass down to your family?
- How do you wish to give back to your community?
With a working understanding of our clients’ desires, we move forward with the next phase of our process.
2. Construct a Plan
In order to create efficient plans for our clients, we leverage many of the firm’s resources. We work with our clients’ attorneys and accountants to insure everyone is on the same page and provide recommendations that help leverage their respective advice. In addition to investment strategies, our group’s comprehensive plans deliver expertise in the areas of insurance, lending, cash flow needs, estate planning and philanthropic efforts. Ongoing review and updating these plans throughout the year is essential to our clients’ success!
3. Implement Strategy
Once implemented, our team works to update and maintain plans for current conditions. We regularly monitor and adapt our clients’ plans as needed; we use custom strategies that are specifically designed to meet our clients’ goals, timeline and risk tolerance. In order to optimize our clients’ plans, we will utilize Morgan Stanley’s industry-leading tools as well as Morgan Stanley professionals who specialize in subjects that are unique to our clients’ situations.
4. Assess Progress
As time passes, we evaluate plan results and determine ways to improve. For plans that are on track or those that require re-balancing, vigilant monitoring helps produce optimal results. Our group strives to educate our clients to understand their portfolios and help them avoid emotional decision-making that could be detrimental to long-term progress.
When it comes to financial planning, the Morgan Failla Group is thorough in our process and we are with our clients every step of the way.
When it comes to financial planning, the Morgan Failla Group is thorough in our process and we are with our clients every step of the way.
THE IMPORTANCE OF CUSTOMIZED ADVICE
The Morgan Failla Group maintains that comprehensive and personalized advice is critical to our group’s success. Our advice is backed by incomparable insight, advanced technology and institutional scale that isn’t found just anywhere. We utilize strategies and recommendations that are constructed to precisely meet our clients’ desires and objectives. During periods of prosperity and chaos, we are there for our clients with complete and honest advice.
Our group looks to develop profound understandings of our clients’ full financial picture; our goal is to create comprehensive, tax-efficient financial plans and investment strategies for our clients. We regularly interact with our clients throughout the entire client-advisor relationship and we adjust accordingly as our clients’ lives progress and financial markets change.
Our group looks to develop profound understandings of our clients’ full financial picture; our goal is to create comprehensive, tax-efficient financial plans and investment strategies for our clients. We regularly interact with our clients throughout the entire client-advisor relationship and we adjust accordingly as our clients’ lives progress and financial markets change.
Our Pledge to Each Client
- Customized Wealth Planning
- First Class Institutional Support
- Tax-Efficient Investment Advice
- Comprehensive Financial Solutions
- Industry-Leading Analytics
Lifeview
Lifeview is a suite of planning tools that include goal-specific analysis that we can use with our clients to create a realistic integrated strategy that incorporates the various aspects of an individual’s life.
Lifeview Client Portal
Decision Making for Investors
Theory, Practice, and Pitfalls. The fundamental law of investing is the uncertainty of the future.
Decision Making for Investors
Investment Management Philosophy
Having an investment philosophy is important as it creates a centralized point that can be referred to at any time. Let us help you navigate, no matter what life throws your way.
Develop Your Retirement Roadmap
Methods to Improve Decisions
Five Common Mistakes and How to Address Them.
Methods to Improve DecisionsLocation
3803 West Chester Pike
Ste 200
Newtown Square, PA 19073
US
Direct:
(610) 430-1084(610) 430-1084
Meet The Morgan Failla Group
Paul Failla
Senior Vice President, Financial Advisor
Phone:
(610) 430-1085(610) 430-1085
Phone:
(610) 430-1084(610) 430-1084
Phone:
(610) 430-1088(610) 430-1088
Dianne B. Williams
Senior Registered Associate
Phone:
(610) 430-1082(610) 430-1082
About Carl Morgan
Chip graduated from The Haverford School, and because he attended the University of Richmond where he graduated with a BA in American History, his Haverford classmates voted him most likely to secede. His career began in the financial services industry with ITT Hartford, followed by Arthur Andersen, working in their Investment Advisory Services group. He earned an MBA from The George Washington University and his career afforded him the opportunity to live in California, Virginia, Connecticut and Annapolis, Maryland.
As a Financial Advisor with Legg Mason, and then Smith Barney, Chip focused on Financial Planning for families and business owners, with a focus on wealth preservation, lending, insurance and estate planning strategies. He continues his career at Morgan Stanley as a licensed broker and financial advisor. Chip lives and works so close to his Haverford School alma mater that he is the leading candidate to be voted ‘Homebody’ at the next class reunion.
Chip and his wife are very proud of their two children and remain active on the local golf courses, squash courts and hiking and bike trails in the area.
As a Financial Advisor with Legg Mason, and then Smith Barney, Chip focused on Financial Planning for families and business owners, with a focus on wealth preservation, lending, insurance and estate planning strategies. He continues his career at Morgan Stanley as a licensed broker and financial advisor. Chip lives and works so close to his Haverford School alma mater that he is the leading candidate to be voted ‘Homebody’ at the next class reunion.
Chip and his wife are very proud of their two children and remain active on the local golf courses, squash courts and hiking and bike trails in the area.
Securities Agent: KS, WA, MN, WV, GA, CT, OR, SC, TX, MA, WY, LA, KY, AL, WI, NM, NJ, PA, NC, UT, VA, DE, DC, HI, IA, IL, VT, TN, OK, OH, NY, NV, MI, ME, MD, ID, FL, CO, CA, AZ, AR, IN; General Securities Representative; Investment Advisor Representative
NMLS#: 1278927
NMLS#: 1278927
About Paul Failla
Paul has been a financial advisor working with clients for over 18 years. Paul takes a holistic approach to managing wealth. “We visit with our clients to understand their whole picture, but we also focus on educating our clients and addressing questions and concerns to make sure they are comfortable with the process no matter what the market environment. Since wealth management is not a stationary target we review plans and the environment regularly with clients to make sure we are still on the correct path to their financial goals. We have process in conjunction with a value added approach that addresses the behavioral side of investing through listening and education. Our main areas of focus are wealth management and retirement income planning.”
He is a graduate of Villanova University with a BS in Accountancy. And is an active mentor in the VSB mentor program.
When not in the office Paul enjoys spending time with his wife Jamie and their five children. They are active members in St. Joseph’s of Downingtown as well as the homeschool community. Paul also enjoys coaching KAU baseball in Kennett Square. On his down time Paul and his family enjoys skiing, backpacking and spending summers at the Chesapeake Bay.
Paul Began his career at Legg Mason in 1998 and has been part of Morgan Stanley in the Philadelphia area since 2006.
He is a graduate of Villanova University with a BS in Accountancy. And is an active mentor in the VSB mentor program.
When not in the office Paul enjoys spending time with his wife Jamie and their five children. They are active members in St. Joseph’s of Downingtown as well as the homeschool community. Paul also enjoys coaching KAU baseball in Kennett Square. On his down time Paul and his family enjoys skiing, backpacking and spending summers at the Chesapeake Bay.
Paul Began his career at Legg Mason in 1998 and has been part of Morgan Stanley in the Philadelphia area since 2006.
Securities Agent: VT, AR, HI, AL, SC, MI, IN, GA, AZ, WA, NM, KY, IL, ID, CA, WY, WV, TX, NC, CT, PA, OR, NV, DC, NY, NJ, MA, KS, VA, TN, ME, WI, OK, OH, MN, MD, LA, DE, RI, FL, CO; General Securities Representative; Investment Advisor Representative
NMLS#: 1836590
NMLS#: 1836590
About Matthew McKenzie
Matt has worked in the investment management profession for 25 years and has been a registered representative for four years; he joined the Morgan Failla Group at Morgan Stanley Wealth Management in 2018. Roughly half of his experience has been in research and analytic roles, and half working directly with clients. In an analytic capacity, Matt developed models for forecasting future asset class performance, using the analyses in asset-liability studies for large institutional investment funds. He also served on numerous firms’ investment policy committees, charged with guiding assets toward attractive, and away from unattractive, market opportunities at various points of a market cycle, and writing of the firms’ thoughts in client communications pieces.
In his client work, Matt uses his insight into the investment markets and a keen appreciation for the unique needs, goals and desires of each and every investor to develop and manage customized investment solutions. “There are nuances in the challenges that investors face, and I enjoy discovering those and putting a strategy in place that addresses those challenges.” Matt sees his own success as a function of his clients’ success when their wealth, retirement and planning goals are achieved through his guidance. He has earned a reputation for a high level of service and deep understanding of his clients, their lives and interests.
Matt earned a B.S. in Business at Indiana University, Bloomington and a M.B.A. from the University of Chicago Booth, School of Business. Outside of the office, Matt enjoys spending time with his wife, Jennifer, and their four children. He enjoys cycling and golf with his free time.
In his client work, Matt uses his insight into the investment markets and a keen appreciation for the unique needs, goals and desires of each and every investor to develop and manage customized investment solutions. “There are nuances in the challenges that investors face, and I enjoy discovering those and putting a strategy in place that addresses those challenges.” Matt sees his own success as a function of his clients’ success when their wealth, retirement and planning goals are achieved through his guidance. He has earned a reputation for a high level of service and deep understanding of his clients, their lives and interests.
Matt earned a B.S. in Business at Indiana University, Bloomington and a M.B.A. from the University of Chicago Booth, School of Business. Outside of the office, Matt enjoys spending time with his wife, Jennifer, and their four children. He enjoys cycling and golf with his free time.
Securities Agent: NC, NY, PA, VA, WV, DC, HI, MD, WY, WI, WA, VT, TX, TN, SC, OR, OK, OH, NV, NM, NJ, MN, MI, ME, MA, LA, KY, KS, IN, IL, ID, GA, FL, DE, CT, CO, CA, AZ, AR, AL; General Securities Representative; Investment Advisor Representative
NMLS#: 1834577
NMLS#: 1834577
About Doug Tietbohl
Doug has been a financial advisor since 2005, originally with UBS, before moving to Morgan Stanley in 2011. He had a twenty-year career in the oil industry managing people and projects prior to moving back to PA and becoming an advisor. “I enjoy working with clients, understanding their financial goals and needs, and providing efficient ways to achieve them. I am focused on retirement planning.”
He is a BS graduate of St Lawrence University and a MS graduate from Penn State University.
When not in the office Doug and his wife Shari spend time enjoying aquatic activities at the New Jersey shore with their daughter, son-in-law, grandchildren and friends. After traveling for the first twenty years, they enjoy being back in PA where each season is only three months.
He is a BS graduate of St Lawrence University and a MS graduate from Penn State University.
When not in the office Doug and his wife Shari spend time enjoying aquatic activities at the New Jersey shore with their daughter, son-in-law, grandchildren and friends. After traveling for the first twenty years, they enjoy being back in PA where each season is only three months.
Securities Agent: GA, WY, OR, ME, RI, OH, NJ, ID, AZ, IL, MN, KY, KS, SC, IN, FL, DE, VA, CO, AR, WV, PA, NC, DC, WA, OK, NY, NM, MI, MD, CA, LA, CT, WI, VT, TX, TN, AL, NV, MA, HI; General Securities Representative; Investment Advisor Representative
About Dianne B. Williams
Dianne is responsible for the administrative operations of our team, while working closely with our clients. Dianne has 25 years of experience in financial services industry. She handles resolving client inquiries, establishing accounts, handling documentation and disbursements. Dianne holds her Series 7 and 63. Dianne lives in Folsom, PA with her husband Michael and enjoys spending time with her family as well as gardening.
Contact Carl Morgan
Contact Paul Failla
Contact Matthew McKenzie
Contact Doug Tietbohl
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
Fabienne Sarnecki
Private Banker
About Fabienne Sarnecki
Fabienne Sarnecki is a Private Banker serving Morgan Stanley Wealth Management offices in Pennsylvania.
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.
Fabienne began her career in financial services in 2009, and joined Morgan Stanley in 2016 as a Regional Analyst. Prior to joining the firm, she was an Internal Wholesaler at Lincoln Financial Group as well as an Account Manager & Marketing Coordinator at Navidor Merchant Services.
Fabienne is a graduate of New York University where she received a Bachelor of Arts in Economics. She lives in Wayne, Pennsylvania with her family. Outside of the office, Fabienne enjoys running, hiking, exploring new types of cuisines and traveling with her family.
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.
Fabienne began her career in financial services in 2009, and joined Morgan Stanley in 2016 as a Regional Analyst. Prior to joining the firm, she was an Internal Wholesaler at Lincoln Financial Group as well as an Account Manager & Marketing Coordinator at Navidor Merchant Services.
Fabienne is a graduate of New York University where she received a Bachelor of Arts in Economics. She lives in Wayne, Pennsylvania with her family. Outside of the office, Fabienne enjoys running, hiking, exploring new types of cuisines and traveling with her family.
NMLS#: 1879930
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
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Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
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Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
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Financial Planning for Life After Selling a Business
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Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
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Donor Advised Funds: A Smart Way to Manage Your Giving
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Ready to start a conversation? Contact The Morgan Failla Group today.
1Morgan 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.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
5Morgan 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.
6Morgan 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.
7Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
8Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
5Morgan 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.
6Morgan 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.
7Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
8Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
