Deborah W. Moses, CFA
Managing Director, Wealth Management, Financial Advisor, Senior Portfolio Management Director
Phone:
(617) 570-9409(617) 570-9409
The Moses Group at Morgan Stanley
Direct:
(617) 570-9409(617) 570-9409
Direct:
(212) 903-7761(212) 903-7761
Our Mission Statement
A boutique team leveraging the resources of a global firm to deliver comprehensive wealth solutions for sophisticated clients.
About Us
"With Wealth Comes Responsibility"
We believe there are three pillars to successful client outcomes: Lifestyle, Longevity, and Legacy. We start by listening to your vision for each of these stages. We then work backwards to help you create a family wealth management plan aligning your actions today with your intentions for the future.
The Moses Group at Morgan Stanley delivers a full suite of family office services to multi-generational families, entrepreneurs and executives. Grounded in customized investment portfolios and family-centric financial planning, our knowledge and expertise extend to virtually every aspect of our clients' lives: trust & estate planning strategies, business and/or executive planning, lending & cash management, life insurance, philanthropy, family governance, lifestyle advisory, and more.
As stewards of our clients' financial lives, we aim to be their primary point of contact for every important financial decision.
We believe there are three pillars to successful client outcomes: Lifestyle, Longevity, and Legacy. We start by listening to your vision for each of these stages. We then work backwards to help you create a family wealth management plan aligning your actions today with your intentions for the future.
The Moses Group at Morgan Stanley delivers a full suite of family office services to multi-generational families, entrepreneurs and executives. Grounded in customized investment portfolios and family-centric financial planning, our knowledge and expertise extend to virtually every aspect of our clients' lives: trust & estate planning strategies, business and/or executive planning, lending & cash management, life insurance, philanthropy, family governance, lifestyle advisory, and more.
As stewards of our clients' financial lives, we aim to be their primary point of contact for every important financial decision.
Services Include
- Professional Portfolio ManagementFootnote1
- Estate Planning StrategiesFootnote2
- Trust AccountsFootnote3
- Endowments and FoundationsFootnote4
- Philanthropic ManagementFootnote5
- Sustainable InvestingFootnote6
- Business PlanningFootnote7
- Retirement PlanningFootnote8
- Cash ManagementFootnote9
- Life InsuranceFootnote10
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Our Clients
At the Moses Group, we work with a broad range of clientele. However, many of our clients find themselves and their families across more than one of the below categories.
Above all, our priority is to work with like-minded individuals who desire in depth financial, trust, and estate planning complemented by customized portfolio management and a full suite of family office services. By leveraging the power of our team and a global firm to deliver these resources, we give our clients as much time as possible to focus on their lives where it matters most.
Above all, our priority is to work with like-minded individuals who desire in depth financial, trust, and estate planning complemented by customized portfolio management and a full suite of family office services. By leveraging the power of our team and a global firm to deliver these resources, we give our clients as much time as possible to focus on their lives where it matters most.
Business Owners
Whether you require assistance navigating the sale or transfer of your business, the advice or capital required to grow the business, or simply a plan which will safeguard your assets and build on your continued success, The Moses Group is properly equipped to help you.
By combining the corporate resources of Morgan Stanley and our Investment Bank with the personal, founder-focused resources of a boutique team, we are able to coordinate every facet of your life and your business from creation to sale.
Preparing for the Transaction of a LifetimeBy combining the corporate resources of Morgan Stanley and our Investment Bank with the personal, founder-focused resources of a boutique team, we are able to coordinate every facet of your life and your business from creation to sale.
Corporate Executives
Focused on the needs of prominent executives and their families, our team offers an experienced perspective across complex executive compensation packages, restricted and incentive stock or options, concentrated equity positions, and illiquid balance sheets.
Corporate Executive Capabilities
Financial Services Professionals
Whether you work at a Private Equity or Venture Capital firm, a Hedge Fund, or an Investment Bank, we are intimately familiar with the typical industry career paths and complex compensation structures in financial services.
Our solutions are centered around providing liquidity, helping you manage your carry or restricted stock, planning for and mitigating the associated tax consequences, and providing you with the peace of mind to focus on your work and your family.
Our solutions are centered around providing liquidity, helping you manage your carry or restricted stock, planning for and mitigating the associated tax consequences, and providing you with the peace of mind to focus on your work and your family.
Next-Generation
We devote time and resources to helping a select group of the next generation of business leaders with structuring wealth plans to navigate complex comp structures, real estate acquisition, the complexities of a growing family, and more.
By beginning this process early, we’re able to accelerate outcomes and provide a relationship and breadth of services that grow as you do.
Next-GenBy beginning this process early, we’re able to accelerate outcomes and provide a relationship and breadth of services that grow as you do.
Our Capabilities for Business Owners
As an entrepreneur or business owner, you know the value of hard work and your time is at a premium. You've invested years- or perhaps decades- into your enterprise, and your personal wealth is intertwined with your company. Whether you are focused on accelerating your growth, preparing to transition or exit, or somewhere in between, we are intimately familiar with the complexities and considerations of your situation.
Through four decades of service to business owners and their multi-generational families, we have learned that there is no substitute for thoughtful and proactive advice. This starts with a comprehensive plan encompassing every facet of your life, your business and your family. From there, we are able to leverage the resources of a global firm to coordinate solutions for nearly every area of your life and business, in concert with your other professional advisors.
Through four decades of service to business owners and their multi-generational families, we have learned that there is no substitute for thoughtful and proactive advice. This starts with a comprehensive plan encompassing every facet of your life, your business and your family. From there, we are able to leverage the resources of a global firm to coordinate solutions for nearly every area of your life and business, in concert with your other professional advisors.
1: Forming a Business / Angel Round
As your Financial Advisors, we view our role as the quarterback of your advisory team, helping you to coordinate a cohesive group of professionals encompassing legal, tax/accounting, and investment banking advice. A coordinated and responsive team will allow you to focus on the business while providing guidance to help you maximize your personal and entrepreneurial potential.
2: Early Stage / Series AB Rounds
The early stage of a company’s growth phase is a productive time for you to conduct in-depth estate planning. In our experience, the demands of growing a business often relegate an estate plan to the back burner until an impending exit or untimely passing. Performing planning in the early stages can help to mitigate risk, maximize tax efficiency, and secure the future of both your family and your business.
3: Mid and Late Stage / Series CD Rounds
As your business matures, the resources of Morgan Stanley prove valuable in helping you raise debt or equity for growth, establish corporate retirement and financial wellness plans, update your personal and business insurance lines as appropriate, introduce philanthropic initiatives, and more. At this point, more in depth business and estate planning is warranted, along with a valuation of the business. With the rest of your advisory team, we can help you assess growth drivers and weigh exit planning options as desired.
4: Preparing For a Liquidity Event
It is important to consider and implement income tax and wealth transfer strategies prior to a potential liquidity event. In addition to strategic tax planning, a liquidity event often raises greater issues for you: fundamental questions regarding family goals or “mission,” wealth stewardship and your next step either into retirement or a new venture.
5: Post Liquidity Planning
The post liquidity stage brings various considerations such as continuing to build out a family “mission statement,” family governance and wealth education, philanthropic planning, and lifestyle advisory. Should the company now be public, the conversation centers around liquidity planning and programs for the exercise of stock.
Valuable Tools & Resources
Our comprehensive suite of digital tools and financial services, coupled with high-touch client service, is designed to help enhance every aspect of your financial life. Below are a few of the technologies and services we have to offer our clients.
Financial Planning
Leveraging our Goals Planning System, we can work with you to create a personalized wealth strategy. Over time, we will adapt it to changing circumstances, helping you achieve your goals and protect what is meaningful to you.
Learn More
MSIQ: Providing Insights To Sustainable Investors
Morgan Stanley Impact Quotient (MSIQ) assists clients interested in sustainable investing determine whether their investments are aligned with their impact goals. Through providing clients with a comprehensive framework to identify & prioritize 100+ social and environmental impact preferences, while also harnessing the insights of proprietary Morgan Stanley analytics, it equips your financial advisor with investment solutions that may better align your portfolio.
Learn More
Family Office Resources
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. Our Family Office services will help you manage the complex, multigenerational challenges of managing significant wealth.
Learn More
Equity Compensation 101
When you own company equity, you become a shareholder in your company. Equity programs vary widely, so it's important to understand the details and how it fits into your financial plan.
Learn More
Cash Management Solutions
Morgan Stanley has a full suite of cash management solutions for your cash needs. Our Active Assets Account allows you to manage your investments and cash in one place. For a dedicated cash account, as an alternative to your traditional bank, explore our Morgan Stanley CashPlus Account.
Learn More
Data Security
At Morgan Stanley, our highest priority is keeping your information protected. Morgan Stanley dedicates significant resources to protecting your assets and personal information.
Strong encryption protocols designed to protect your data.
- Continuous monitoring to help detect and prevent fraud.
- Routine testing of our systems and security protocols.
- Independent review by outside security firms
Learn MoreStrong encryption protocols designed to protect your data.
- Continuous monitoring to help detect and prevent fraud.
- Routine testing of our systems and security protocols.
- Independent review by outside security firms
Portfolio Risk Platform - Aladdin
Portfolio Risk Platform – Powered by Aladdin is a risk management platform that provides comprehensive risk estimation and reporting across a broad range of asset classes and security types. This platform provides a holistic view to better enable risk to be effectively monitored and managed.
Learn MoreLocation
28 State Street
Fl
Boston, MA 02109
US
Direct:
(617) 570-9409(617) 570-9409
55 East 52nd Street
30th Floor
New York, NY 10055
US
Direct:
(212) 903-7761(212) 903-7761
Meet The Moses Group
Ellis W. M. Tonissi, CFP®, QPFC
Senior Vice President, Financial Advisor, Portfolio Management Director, CERTIFIED FINANCIAL PLANNER®, Lending Specialist, Financial Planning Specialist, Qualified Plan Financial Consultant, Workplace Advisor - Equity Compensation
Phone:
(212) 903-7761(212) 903-7761
Carol Hunt
Wealth Management Associate
Phone:
(617) 570-9493(617) 570-9493
Jack Morency
Registered Client Relationship Analyst
Phone:
(617) 570-9494(617) 570-9494
About Deborah W. Moses, CFA
Deborah Moses is a Managing Director, Senior Portfolio Management Director and founder of The Moses Group at Morgan Stanley. A seasoned professional with over 30 years of experience, Debbie has spent her career working to be the trusted advisor and customized portfolio manager to high net worth multi-generational families. Long lasting relationships enable her to help clients achieve their investment and financial objectives while striving to preserve and grow their net worth.
Having started her career as a research analyst for five years at Sun Life of Canada, she was a Managing Director at Scudder, Stevens & Clark until its purchase by Eaton Vance Management in 2004. Debbie joined Morgan Stanley in 2016 so as to provide her clients with the vast, client-centric resources of a highly regarded global wealth management firm.
Debbie majored in Economics at Goucher College and earned her MBA from Babson College. She is a Chartered Financial Analyst, Chartered Investment Counselor and member of Boston Analysts Society and Boston Economic Club. In 2017, she was recognized on Barron's Top 100 Women Financial Advisors list.
She and her husband reside in Chestnut Hill, MA. They have two sons, Ellis, who is with The Moses Group in New York City and Parker, who is pursuing a Masters in Architecture at Boston Architectural College. She has extensive charitable involvement, mostly environmental, and is a Corporate Trustee of The Trustees of Reservations, having been Vice Chair and Treasurer for Massachusetts Audubon Society. In addition to being an Investment Committee member for New England Baptist Hospital and Concord Academy, she was Treasurer for the Chilton Club. A formerly competitive equestrienne and squash player, family interests include sailing, skiing and travel.
Barron's Top 100 Women Financial Advisors
Source: Barron's.com (Awarded June 2017) Data compiled by Barron's based on time period from Mar 2016 - Mar 2017.
Having started her career as a research analyst for five years at Sun Life of Canada, she was a Managing Director at Scudder, Stevens & Clark until its purchase by Eaton Vance Management in 2004. Debbie joined Morgan Stanley in 2016 so as to provide her clients with the vast, client-centric resources of a highly regarded global wealth management firm.
Debbie majored in Economics at Goucher College and earned her MBA from Babson College. She is a Chartered Financial Analyst, Chartered Investment Counselor and member of Boston Analysts Society and Boston Economic Club. In 2017, she was recognized on Barron's Top 100 Women Financial Advisors list.
She and her husband reside in Chestnut Hill, MA. They have two sons, Ellis, who is with The Moses Group in New York City and Parker, who is pursuing a Masters in Architecture at Boston Architectural College. She has extensive charitable involvement, mostly environmental, and is a Corporate Trustee of The Trustees of Reservations, having been Vice Chair and Treasurer for Massachusetts Audubon Society. In addition to being an Investment Committee member for New England Baptist Hospital and Concord Academy, she was Treasurer for the Chilton Club. A formerly competitive equestrienne and squash player, family interests include sailing, skiing and travel.
Barron's Top 100 Women Financial Advisors
Source: Barron's.com (Awarded June 2017) Data compiled by Barron's based on time period from Mar 2016 - Mar 2017.
Securities Agent: AZ, WA, VT, VI, VA, UT, TX, SC, RI, PR, PA, OR, OH, NY, NV, NM, NJ, NH, NC, MO, MN, MI, ME, MD, MA, KS, IL, GA, FL, DE, DC, CT, CO, CA; General Securities Representative; Investment Advisor Representative
NMLS#: 1662614
NMLS#: 1662614
About Ellis W. M. Tonissi
Ellis Tonissi is a Senior Vice President, Senior Portfolio Manager, and Financial Advisor at Morgan Stanley. Ellis has spent more than a decade guiding a select group of accomplished families who appreciate his analytical rigor, clear communication, and steady perspective.
As a CERTIFIED FINANCIAL PLANNER™, Ellis designs comprehensive strategies that extend far beyond traditional investment management. He works closely with The Moses Group’s members to integrate financial planning, tax efficiency, business-succession considerations, equity-compensation guidance, trust services, wealth transfer and philanthropic objectives into each client’s overall wealth plan.
By coordinating these moving parts—and regularly adapting them as life evolves—he helps simplify complexity to achieve clients' goals across three core pillars: lifestyle, longevity, and legacy.
Ellis began his career as a management consultant, advising Fortune 100 financial institutions on strategy, operations and technology. In 2017, he transitioned to Morgan Stanley Wealth Management, spending two years in management in New York City before establishing The Moses Group's NYC presence in 2019. Ellis is a graduate of the Noble & Greenough School and Connecticut College, where he served as Chief of Finance for the student body and was a member of the varsity sailing team.
Originally from Chestnut Hill, MA, Ellis now resides in the greater New York City area with his family. Outside of the office, he can be found enjoying the New England outdoors with his family or racing sailboats.
As a CERTIFIED FINANCIAL PLANNER™, Ellis designs comprehensive strategies that extend far beyond traditional investment management. He works closely with The Moses Group’s members to integrate financial planning, tax efficiency, business-succession considerations, equity-compensation guidance, trust services, wealth transfer and philanthropic objectives into each client’s overall wealth plan.
By coordinating these moving parts—and regularly adapting them as life evolves—he helps simplify complexity to achieve clients' goals across three core pillars: lifestyle, longevity, and legacy.
Ellis began his career as a management consultant, advising Fortune 100 financial institutions on strategy, operations and technology. In 2017, he transitioned to Morgan Stanley Wealth Management, spending two years in management in New York City before establishing The Moses Group's NYC presence in 2019. Ellis is a graduate of the Noble & Greenough School and Connecticut College, where he served as Chief of Finance for the student body and was a member of the varsity sailing team.
Originally from Chestnut Hill, MA, Ellis now resides in the greater New York City area with his family. Outside of the office, he can be found enjoying the New England outdoors with his family or racing sailboats.
Securities Agent: OH, OR, PA, MD, PR, RI, AZ, WA, VT, VA, UT, TX, CA, CO, CT, DC, SC, DE, FL, GA, IL, KS, MA, ME, MI, MN, MO, NC, NH, NJ, NM, NV, NY; General Securities Representative; Investment Advisor Representative
NMLS#: 1894345
NMLS#: 1894345
About Jack Morency
Originally from Beverly, MA, Jack Morency is currently based in the greater Boston area. He holds a Bachelor’s degree in Finance, Information Systems, and Business Analytics from the Peter T. Paul College of Business and Economics at the University of New Hampshire. Jack's career commenced in the insurance industry with MassMutual Insurance Co., where he gained valuable experience before transitioning to a role as a Financial Advisor.
Prior to joining Morgan Stanley, Jack worked as a Personal Financial Advisor at The Vanguard Group within their Retail Investor Group. In this role, he specialized in developing comprehensive financial plans and managing investment portfolios to assist clients in achieving their financial goals. In September 2025, Jack became a part of The Moses Group at Morgan Stanley as a Registered Client Relationship Analyst, where he supports various aspects of the business.
Outside of his professional endeavors, Jack is passionate about golf and enjoys both watching and playing hockey. He also appreciates spending time outdoors, whether it's at the beach, exploring the city, attending a Red Sox or Bruins game, going to concerts, or simply being with friends and family.
Prior to joining Morgan Stanley, Jack worked as a Personal Financial Advisor at The Vanguard Group within their Retail Investor Group. In this role, he specialized in developing comprehensive financial plans and managing investment portfolios to assist clients in achieving their financial goals. In September 2025, Jack became a part of The Moses Group at Morgan Stanley as a Registered Client Relationship Analyst, where he supports various aspects of the business.
Outside of his professional endeavors, Jack is passionate about golf and enjoys both watching and playing hockey. He also appreciates spending time outdoors, whether it's at the beach, exploring the city, attending a Red Sox or Bruins game, going to concerts, or simply being with friends and family.
Contact Deborah W. Moses, CFA
Contact Ellis W. M. Tonissi
Wealth Management
Global Investment Office
Portfolio Insights
This is a video content
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
A Simple Six-Step Retirement Checkup
Article Image
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Iran Conflict: Seven Takeaways for Investors
Article Image
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
529 Plans: A Powerful Tool to Save for Education
Article Image
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
Article Image
Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Ready to start a conversation? Contact The Moses Group today.
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’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors 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 (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors 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.
5Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
6Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
7Morgan 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.
8When 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.
9Morgan 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
10Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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 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.
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 | Morgan Stanley
1Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors 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 (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors 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.
5Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
6Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
7Morgan 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.
8When 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.
9Morgan 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
10Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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 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.
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 | Morgan Stanley
CRC 4665150 (8/2025)
