A Personalized Approach to Family Wealth Management

Our clients are much more than just a portfolio of assets. They are successful professionals, families and business leaders seeking a team of trusted wealth management professionals who not only deeply understands their specific challenges and goals, but provides tailored and objective advice on the full range of financial topics.

At The Roccki Group, we focus on what is most important to you and provide the knowledge, skills and insights needed to make informed, confident decisions about your future.

When you work with us, you will be treated with respect, care and an unwavering commitment to serving your needs and exceeding your expectations.
Customized Advice Designed To Deliver Results
  • With offices in Red Bank and Toms River, New Jersey, we have established ourselves as a skilled advisory team with extensive financial planning and wealth management experience. In addition to serving the specialized needs of busy executives at some of our nation’s leading public companies, we provide customized advice to a broad range of clients, including: • Successful professionals in the medical, legal, financial and technology industries • Families spanning multiple generations • Retirees and individuals planning for retirement • Self-made entrepreneurs and business owners • Referrals from existing clients and industry professionals. While each client has unique goals and circumstances, they all have one thing in common: The desire to simplify their finances and develop an integrated wealth strategy. We are proud of the personalized service and intense focus on attention to detail we provide each client and welcome the opportunity to deliver this same level of excellence to you and your family.
Services Include
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
We believe that successful wealth management begins and ends with personalized service and attention to detail. We look forward to working with individuals and families who seek the kind of long-term, fully-engaged relationships we value and who appreciate the following attributes we believe set us apart from other advisory teams.
    Loyalty & Commitment
    Victor Roccki is a second-generation Financial Advisor. He has been part of the Morgan Stanley family since 1989 and has worked with Tom Defino for more than 20 years. Both Victor and Tom welcomed industry veteran Frank Connelly to the team in 2018 with over 25 years of Wall Street experience. In a world where people move from company to company on a regular basis, our loyalty to our firm and to each other demonstrates our commitment to our clients.
    The Skills To Cut through Complexity
    Our astute problem-solving skills coupled with an impassioned willingness to roll up our sleeves and identify innovative strategies that meet and exceed your objectives. We believe the more complex your situation, the more valuable we are to you, and the more rewarding your overall experience will be.
    The Wisdom To Achieve Results
    Our leadership team includes a Certified Financial PlannerTM, a Chartered Retirement Plans Specialist, an MBA in Finance, an Executive Financial Services Director, two Senior Investment Management Consultants and a credentialed (non-practicing) CPA. These advanced designations truly set us apart and help us offer innovative thinking based on industry best practices.
    Intellectual Capital, Global Perspective
    With nearly 100 years* of combined financial services experience, we have the skills, knowledge and insights -- coupled with the deep resources of a global powerhouse -- to bridge the gap between the “real world” challenges you face and the investment world driving your decisions.

    * Victor has been in the financial services industry since 1989 and Tom since 1985
    Our Standard of Care
    Confidentiality

    We understand confidentiality is core to any financial relationship. We recognize your personal and financial data is your private information, and we are committed to keeping it secure and confidential. At Morgan Stanley, we employ a full suite of strategies to protect your assets, guard your online interactions and keep your personal information as confidential as you intend it to be.

    Code of Conduct

    As your advisors, we are proud to uphold our firm’s personal code of conduct and work diligently to provide suitable strategies, products and services that put your interests above all else. We believe it is essential that our clients know not only what their advisor recommends, but why they recommend it.
    Planning

    We will help bring order to your financial life by assisting you in organizing your financial and personal affairs. We will prepare a comprehensive financial plan and work together to ensure your goals are established and implementation plan is agreed upon.

    Accountability

    We maintain a close personal and working relationship with our clients by scheduling frequent market and portfolio updates.

    Proactive Communication

    We will contact you during times of significant market volatility and work with you to anticipate and plan for changing financial and family needs.
We are a seasoned team of professionals focused on the disciplines of financial planning and investment management with an enduring commitment to exceptional client service and attention to detail each step of the way.
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    Step 1: Initial Call
    • Understand your financial concerns
    • Determine how we can add value to your situation
    • Schedule our next discussion, if there is common ground among us
    • Request important information about your finances
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    Step 2: Listen and Learn
    • Identify the values that shape your decisions
    • Learn about your investment experience and tolerance for risk
    • Uncover any challenges unique to your situation
    • Review the information you’ve prepared and define your priorities
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    Step 3: Analyze and Assess Your Finances
    • Evaluate your current and future financial situation
    • Analyze current investment portfolio and identify any shortfalls
    • With your permission, reach out to your CPA and estate attorney to understand any existing tax and estate plans to ensure coordination and cohesive strategies
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    Step 4: Navigate the Markets with a Tailored Plan
    • Develop your personalized investment plan, utilizing world-class investments and results-driven asset allocation strategies
    • Present your plan, prioritizing activities and establishing timelines
    • Implement investment recommendations
    • Finalize other wealth management strategies that may include risk management techniques and estate planning solutions
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    Step 5: Deepen Our Relationship through Ongoing Service
    • Review your initial statements to ensure full understanding
    • Set up tools to provide convenient access to your accounts
    • Apply due diligence process to evaluate investment performance
    • Develop a call or meeting schedule to review and track progress towards your goals
    • Discuss changes in your life, adjusting your portfolio accordingly

Cybersecurity Resource Center

Your security is our top priority. Morgan Stanley proactively defends our systems and monitors our digital landscapes to anticipate issues before they arise and responds appropriately when they do.

The Firm is actively supporting a multitude of layers of security. Security includes the following; strong encryption protocols designed to protect your data, continuous monitoring to help detect and prevent fraudulent activity in your accounts, routine testing of our systems to identify potential vulnerabilities, and independent reviews by outside security firms to penetration test our applications and evaluate our processes.
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    Family Office Cybersecurity
    Family Offices can be quite vulnerable to cyber threats and the dangers of ransomware are real. Consider these best practices to protect your information and assets in an increasingly complex digital world.
    Click here to learn more
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    Cloud Computing
    As companies accelerate the move toward cloud computing, cybersecurity challenges have unequivocally intensified. Learn how two key software markets are poised to converge to mitigate new threats.
    Click here to learn more
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    Protecting your Smart Device
    Smart devices, we can’t live without them. They know our voices, our search history, and much more. This can present security risks. Here’s how to protect yourself:
    Click here to learn more
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    Online Security Center
    Safeguarding your assets and personal information is paramount to us. Learn about our extensive security measures and take advantage of our numerous resources and ideas that are geared towards helping you stay protected on the World Wide Web.
    Access the Online Security Center
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    Cryptocurrency Scams
    Cryptocurrency is attracting quite a bit of attention lately—including from cybercriminals. Learn more about this digital currency, as well as some popular scams that are being perpetrated by fraudsters.
    Click here to learn more
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    Cybersecurity for College Students
    College students may not be too concerned about being a target for hackers. Find out why cybercriminals may prey on students and how they can protect themselves.
    Click here to learn more
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    Protecting your Digital Footprint
    Worried about how much of your personal information is available online? See how you can manage your digital footprint.
    Click here to learn more
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    Phone Security
    You likely spend more time each day on your smartphone than on your computer, but do you pay as much attention to protecting the security of your phone as your computer? Find out why you should.
    Click here to learn more
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    Cybercrime Preparedness
    Was your email hacked? Your Social Security Number stolen? Do you know how to respond? Learn the steps to take if and when your identity, account, device or information is compromised.
    Click here to learn more
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    Staying Cybersafe on Vacation
    Going on vacation? You may be on a break, but cybercriminals aren't! Use these tips to help ensure you return home with your cybersecurity intact.
    Click here to learn more
If you find your overall wealth is heavily concentrated in company stock or the restrictions placed on the sale of your shares are limiting your ability to diversify, we offer the strategic guidance and sophisticated strategies necessary to gain flexible access to your wealth.

As one of only 205 Executive Financial Services Directors at Morgan Stanley, Victor Roccki and his team of professionals have the experience and specialized skills to help you navigate the complexity and regulatory issues you face when accessing valuable assets within your corporate equity compensation plan.

When you work with us, we can provide the appropriate services designed specifically for corporate executives and key insiders including:

• The sale of restricted, control and concentrated stocks under SEC Rule 144

• Assistance in the exercise of corporate stock options and the sale of restricted share units (RSU) during company-approved open trading windows

• Access to Morgan Stanley’s exclusive 10b5-1 Preset Diversification Program®

• The purchase of company stock under Rule 10b-18

• Securities-based loans secured by eligible restricted and control stock, as determined by your company’s corporate counsel

• Wealth transfer and gifting strategies


We are available to answer specific questions you may have about our extensive Executive Financial Services platform and look forward to offering our guidance and assistance.

    WORKPLACE FINANCIAL BENEFITS WITH MORGAN STANLEY AT WORK

    Our mission is to help your company elevate your workplace financial benefits—helping you to attract and retain top talent. Our end-to-end solutions support your company and employees at any stage of growth through a powerful combination of modern technology, insightful guidance, and dedicated service.

      Equity Solutions

      Equity ownership is a powerful motivator. Streamline equity management through our leading-edge technology and provide global audit-ready reporting and insights, alongside customizable participant experiences to engage and educate your employees on how to make the most of their benefits. Our global solutions support private and public companies at any stage of growth.

      • Equity Administration and Financial Reporting
      • Liquidity Events
      • 409A Valuation Services and Cap Table Management

      Learn more
      Retirement

      For your employees, retirement is more than a date in the future—it's a milestone that takes time, hard work, and the right tools. Through our consultative process, we strive to assist with the management of your fiduciary responsibilities and risk, simplify plan management, and help you improve retirement readiness for your employees.

      • Defined Contribution Consulting
      • Solutions-Oriented Plans
      • Fiduciary Investment Oversight

      Learn more
      Deferred Compensation

      Access a range of Nonqualified Deferred Compensation plan services or pick the ones that best fit your needs. We provide recordkeeping and plan design, portfolio construction services, and plan education for your executive talent. We help you determine the appropriate plan design and inform a funding strategy through a needs-based assessment and consultative approach.

      Services include:

      • Recordkeeping and Plan Design
      • Portfolio Construction
      • Wealth Management Services
      Learn more
      Executive Services

      Our dedicated team provides concierge-level support for your executives' equity compensation plans, from 10b5-1 trading plans to form filing related to Rule 144 transactions, to access to wealth management and tax-optimization strategies, so helping them navigate their complex financial needs with greater confidence and certainty:

      • Equity Compensation Services
      • Equity Award Analysis
      • Specialized Solutions
      Learn more
      Saving and Giving

      Saving and Giving benefits can make a real difference in your employees' lives as they can support the things that matter most to them—like saving for education and repaying student loans. Show that you are committed to your employees' priorities with leading-edge solutions that help them chart a path toward financial well-being.

      • College Savings
      • Student Loan Repayment and Refinancing
      • Charitable Giving
      Learn more
      Financial Wellness

      We offer Financial Wellness with every solution we provide. Through a powerful combination of education, digital tools and guidance, Financial Wellness is designed to address the unique needs of your employees and empower their financial journey at every stage. Give your employees the confidence to take charge of their finances.

      • Financial Education
      • Digital Tools
      • Financial Guidance

      Learn more

    Location

    20 Linden Place
    Red Bank, NJ 07701
    US
    Direct:
    (732) 224-3735(732) 224-3735
    Toll-Free:
    (800) 726-6971(800) 726-6971
    Fax:
    (732) 709-1712(732) 709-1712
    1433 Hooper Avenue
    Suite 140
    Toms River, NJ 08753
    US
    Direct:
    (732) 505-4718(732) 505-4718

    Meet The Roccki Group

    Photo of Nicole Woods

    Nicole Woods

    Senior Client Associate
    Phone:
    (732) 505-4758(732) 505-4758
    Photo of Taylor Coolahan

    Taylor Coolahan

    Assistant Vice President, Wealth Management Associate
    Phone:
    (732) 224-3815(732) 224-3815

    About Victor J Roccki

    Victor brings a lifetime of experience to his role as a wealth management professional. A second generation Financial Advisor and founding partner of Roccki Group at Morgan Stanley, Victor is proud to be a vital member of Morgan Stanley’s history for more than 30 years. This tenure enables him to build longstanding relationships with the firm’s senior leaders, providing clients with immediate access to the full scope of Morgan Stanley’s intellect and global resources.

    Victor grew up in a household dedicated to helping high net worth families achieve their financial goals. His father, a successful advisor for three decades, inspired Victor to pursue a career that combines his fascination for the markets with his inherent desire to help others.

    After earning his B.S. degree at the University of California Berkeley and attending graduate school at California State University San Francisco, Victor joined Morgan Stanley in 1989. Today, he enjoys carrying on his father’s legacy, guiding clients in the achievement of their financial goals.

    Throughout his career, Victor has remained committed to professional development, earning important certifications at Morgan Stanley, including Executive Financial Services Director and Senior Investment Management Consultant. These credentials demonstrate Victor’s commitment to a world-class client experience. He draws upon his deep knowledge to provide clients with tailored advice, with a specific focus on the management of corporate stock options and restricted stock.

    Victor currently lives in Manalapan, NJ with his wife, Patricia, and is proud of their two grown children, Lindsay and Victor Josef. A firm believer in giving back, he served on the Board of the United Way of Ocean County and was President of the Ocean County chapter of American Heart Association. Outside of the office, he enjoys coaching youth soccer, is an avid music lover and guitarist, and loves being a “home chef,” pairing wine with good food.
    Securities Agent: IL, DC, FL, TN, IA, VA, TX, MA, NH, NC, MN, MD, GA, AZ, SC, NV, CO, WA, UT, RI, NY, NJ, DE, CA, WY, LA, CT, WI, ME, PA, OR, OH; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
    NMLS#: 1275764

    About Thomas M Defino

    A seasoned professional for nearly 35 years, Tom enjoys working with financially successful individuals and families, providing personalized advice through a disciplined wealth management approach. His diverse financial background enables him to help clients achieve their retirement and estate planning goals, while building a diversified investment portfolio. He also has extensive experience working with corporate executives, helping them optimize their employee stock options and equity compensation plans.

    A graduate of Kean College where he earned his B.S. degree in Economics, Tom began his career at Midstate Securities Corporation in 1985. Six years later, he joined the Morgan Stanley family, where he soon met Victor Roccki. He became a member of The Roccki Group in 1998 and has been a valuable member of the team ever since.

    Tom is committed to advanced learning for himself and his clients. Through the College of Financial Planning, he completed the rigorous coursework needed to attain both the Chartered Retirement Plans Specialist (CRPS®) and Certified Financial PlannerTM (CFP®) designations. These credentials provide Tom with special knowledge and skills in the areas of retirement and estate planning, wealth preservation strategies, risk management and executive benefits.

    Tom’s desire to help others is equaled only by his dedication to his community and his family. Over the years, he has been active with many organizations, including the ALS Association of Greater Philadelphia, TOP (an outreach soccer program for disabled children), the Special Olympics and Kevin’s Kids Annual Christmas Toy Drive.

    Tom and his wife, Carolyn, currently reside in Toms River and enjoy spending time with their three grown children and two grandchildren. One of Tom’s lifetime passions is the game of soccer. He attained his U.S. Soccer Federation National “D” coaching license and is a trainer at the Celtic Elite Soccer Academy. His credentials include coaching players for the Women’s and Men’s U.S. Olympic Developmental Program.
    Securities Agent: NY, LA, RI, NH, ME, CA, NJ, TX, FL, WY, UT, PA, NC, IA, MA, GA, TN, OH, DE, AZ, WI, WA, NV, SC, IL, CT, VA; General Securities Representative; Investment Advisor Representative; Managed Futures
    NMLS#: 1270252

    About Nicole Woods

    Drawing on more than 20 years of financial services experience, Nicole is often the first line of contact on a broad array of client services. A consummate professional, she is committed to providing each client with the highest level of personal service and integrity. Nicole has been an important member of The Roccki Group since joining the team in 2013 and a member of the firm since 1999.
    From the largest task to the smallest request, Nicole works diligently to exceed client expectations. Her core responsibilities are essential to enabling the team to carry out its mission of helping financially successful individuals and families plan, invest and lead fulfilling lives. She coordinates various administrative and operational duties, including onboarding new clients, ensuring all client activities adhere to firm compliance procedures and industry regulations, and interfacing with various departments across the firm to ensure issues are resolved efficiently and effectively.
    A native of Toms River, NJ, Nicole is the proud parent of four children, who are all very active in basketball and softball. Outside of the office, Nicole volunteers with the JBJ Soul Kitchen and enjoys cooking for her family and assisting her children with their various sports activities.

    About Taylor Coolahan

    Registered Client Associate, Taylor Coolahan, has four years of financial services experience; yet, in the early stage of her career, Taylor has developed a strong skillset around managing all aspects of the private client management infrastructure.

    Taylor brings a commitment to exceptional client servicing and facilitation of a wide range of clients’ daily needs. Her core responsibilities are to help seamlessly facilitate the client onboarding and account opening process. She has a responsibility to create a pleasant onboarding experience and has an aptitude to service any continued needs. By having great customer relations, Taylor intends to build long-standing relationships with clients and their families. Taylor prides herself on her ability to surpass client expectations, whatever they may be, with professionalism and efficiency.

    Taylor graduated from The College of New Jersey’s School of Business with a Bachelor of Science in Finance. After graduation, Taylor worked at a wealth management firm based out of Princeton, NJ where she led the operations department.

    A Red Bank local, Taylor enjoys going to the beach with her friends and family. In the colder months, Taylor can be found expressing her passion for fitness and cheering on the New York Giants.

    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
    Photo of Anthony Viskovic

    Anthony Viskovic

    Private Banker

    About Anthony Viskovic

    Anthony Viskovic is a Private Banker serving Morgan Stanley Wealth Management offices in New Jersey.

    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.

    Anthony began his career in financial services in 2004, and joined Morgan Stanley in 2010 as a Regional Lending Advisor. Prior to joining the firm, he was an Internal Banking Consultant at UBS Financial Services.

    Anthony is a graduate of Rutgers University, where he received a Bachelor of Arts Degree in Economics. He lives in Ocean, New Jersey with his family. Outside of the office, Anthony enjoys being active, cooking, traveling and spending time with his family.
    NMLS#: 1427370
    Wealth Management
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    Equity Compensation

    Helping you make the most of your equity awards and better understand how it may fit into your your larger financial picture – today and tomorrow.

    • Vesting events
    • Option expirations
    • Restricted stock units
    • Tax implications

    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
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    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
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    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
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    Taking Control of Your Finances After Death of a Spouse
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    Business Planning

    Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
    • Succession Planning
    • Business Planning
    • Qualified Retirement Plans
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    Selling your business can mean big changes for your life, both personally and financially. Know how to make the most of your windfall.

    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
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    Financial Wellness

    Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
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    • Set themselves apart by offering comprehensive financial wellness benefits.
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    Ready to start a conversation? Contact The Roccki Group today.
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    Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

    1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.

    For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.

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    2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.

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    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.

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    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.

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    5When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.

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    6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

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    7Morgan 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

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    8Morgan 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.

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    9When 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.

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    10Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.

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    11Morgan 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.

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    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.

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    Awards Disclosures
    CRC 6491812 (04/2024)