Andrew M. Rose, CFP®
Executive Director, Wealth Advisor
Phone:
(914) 225-6737(914) 225-6737
The Rose Group at Morgan Stanley
Direct:
(914) 225-5510(914) 225-5510
Our Mission Statement
Our team delivers deep credentials, vast resources, and a most customized service experience to help affluent families and privately held businesses address their comprehensive wealth management requirements.
Our Story and Services
The Rose Group at Morgan Stanley is a seasoned wealth management team with more than 60 years of combined experience advising individuals, families, business owners, and corporate professionals. We deliver comprehensive, goals-based financial strategies designed to help clients grow, protect, and transfer wealth with clarity and confidence.
Our approach integrates disciplined investment management, advanced financial planning, and institutional-caliber resources. We provide customized portfolio construction across equities, fixed income, and alternative investments, while also delivering guidance in retirement planning, tax-efficient strategies, estate and legacy planning, risk management, and concentrated equity solutions.
At The Rose Group, we believe successful wealth management extends beyond markets. We focus on building long-term relationships rooted in trust, transparency, and proactive communication. By combining personalized service with the global capabilities and research platform of Morgan Stanley, we help clients navigate changing markets and complex financial decisions with confidence, precision, and purpose.
Our approach integrates disciplined investment management, advanced financial planning, and institutional-caliber resources. We provide customized portfolio construction across equities, fixed income, and alternative investments, while also delivering guidance in retirement planning, tax-efficient strategies, estate and legacy planning, risk management, and concentrated equity solutions.
At The Rose Group, we believe successful wealth management extends beyond markets. We focus on building long-term relationships rooted in trust, transparency, and proactive communication. By combining personalized service with the global capabilities and research platform of Morgan Stanley, we help clients navigate changing markets and complex financial decisions with confidence, precision, and purpose.
Services Include
- Wealth ManagementFootnote1
- Financial PlanningFootnote2
- Divorce Financial AnalysisFootnote3
- Asset Management
- Trust AccountsFootnote4
- Retirement PlanningFootnote5
- 401(k) Rollovers
- Life InsuranceFootnote6
- AnnuitiesFootnote7
- Long-term Care InsuranceFootnote8
- Planning for Education FundingFootnote9
- 529 PlansFootnote10
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
OUR SUITE OF DIGITAL TOOLS
As a client of Morgan Stanley, you have access to a wide array of digital tools designed to enhance every aspect of your financial life. Here are a few of the technologies we offer to our clients.
Morgan Stanley Online
Beyond viewing your account balance and activity, Morgan Stanley Online (MSO) has a suite of features that allow you to manage your everyday finances from paying bills and sending money, to transferring funds and authorizing transactions with one click using eAuthorizations.
MSO
Total Wealth View
You and your Financial Advisor can now make more informed decisions with respect to your Morgan Stanley accounts by identifying opportunities and risks across your full financial picture. Add your external 401(k), checking/savings, brokerage accounts and more to Morgan Stanley Online to see all your finances in one place.
Click Here to Learn MoreOUR FIRM
Morgan Stanley serves many of the world’s most sophisticated investors, and our firm is one of the nation’s leading firms to help clients with their personal wealth. Dedicated to local and global communities since 1935, our firm was founded with a commitment to community as our guiding principle. And we’ve been making a difference ever since.
Our History
Click below to view our interactive timeline that summarizes the growth of Morgan Stanley through its illustrious 86-year history.
Timeline
Our Core Values
Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.
Five Core Values
Global Resources, Local Expertise
Morgan Stanley Wealth management is one of the largest, most established wealth management businesses in the industry, with 15,900 Financial Advisors and over $3.99 trillion in client assets. Our Institutional Securities Group and Investment Management businesses expand our wealth management capabilities, delivering investment banking, capital markets, and institutional investing services to corporations, organizations and governments around the world.
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Click Here to ViewLocation
2000 Westchester Ave 1nc
Purchase, NY 10577
US
Direct:
(914) 225-5510(914) 225-5510
Meet The Rose Group
Edwin R. Calzaretta
Financial Advisor, Financial Planning Specialist
Phone:
(914) 225-1497(914) 225-1497
Vincent Tozzo
Assistant Vice President, Wealth Management Associate
Phone:
(914) 225-5112(914) 225-5112
John Michael Picciano
Registered Client Service Associate
Phone:
(914) 225-6751(914) 225-6751
About Andrew M. Rose
Andrew started his career in the financial service industry in 1993. He has worked a combined 25 years with Morgan Stanley. Andrew’s areas of expertise for both individuals as well as privately held businesses are in Tactical Investment Management, Risk Mitigation Strategy, Income Generation, Comprehensive Financial Planning, Multi-Generational Planning, and Retirement Preparedness. Andrew is a CERTIFIED FINANCIAL PLANNER™ practitioner.
Originally from Great Neck, Long Island, Andrew has resided in southern Connecticut, since 1999. He most enjoys spending time with family, particularly visiting his daughter on the west coast, and cheering on his son as he completes his undergraduate work and prepares for Law School. Andrew also has a passion for the outdoors and recently achieved a lifelong goal of summiting Mount Kilimanjaro in Africa. Additionally, Andrew has found it a privilege sharing spare time with extended family and friends “giving back” to the community in a number of educational and philanthropic ways, including previously creating and hosting “My Financial Journal”, a local television show in Westchester, New York.
He currently holds his Series 7, 63, 65, 24, 31 and Life/Health Insurance Licenses.
Originally from Great Neck, Long Island, Andrew has resided in southern Connecticut, since 1999. He most enjoys spending time with family, particularly visiting his daughter on the west coast, and cheering on his son as he completes his undergraduate work and prepares for Law School. Andrew also has a passion for the outdoors and recently achieved a lifelong goal of summiting Mount Kilimanjaro in Africa. Additionally, Andrew has found it a privilege sharing spare time with extended family and friends “giving back” to the community in a number of educational and philanthropic ways, including previously creating and hosting “My Financial Journal”, a local television show in Westchester, New York.
He currently holds his Series 7, 63, 65, 24, 31 and Life/Health Insurance Licenses.
Securities Agent: NC, MO, OR, ME, KY, GA, CT, TX, NH, MN, MA, ID, DE, CA, AZ, NY, NM, LA, FL, UT, TN, VA, DC, CO, AL, WA, PA, NE, WI, VT, MI, NV, NJ, MD, IL, SC, OH; General Securities Principal; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1278651
NMLS#: 1278651
About Edwin R. Calzaretta
A professional in the financial services industry since 2021, Edwin strives to deliver the highest level of personalized advice, guidance and planning for a select group of clients. Prior to joining The Rose Group, he began his career as an aircraft technician and maintenance manager for several commercial airlines. Edwin has always been fascinated with wealth management and cultivating relationships and began at Morgan Stanley as an analyst with the firm. His areas of focus include financial planning, risk mitigation strategy, wealth generation and preservation, asset management, retirement planning, life insurance, annuities, 529 plans and long-term care insurance. Edwin currently holds his Series 7, 66, SIE, and insurance licenses as well as the Financial Planning Specialist (FPS) designation.
Born and raised in New Jersey, Edwin currently resides in Patterson, NY, and received his Bachelor’s degree in Applied Science and Technology from Thomas Edison State University. He later went on to complete his Master’s degree in Management and Doctorate in Business Administration. Active in his community, Edwin very much enjoys giving back to his community in both the educational and philanthropic capacity. When away from the office, Edwin enjoys outdoor activities such as fishing, boating, surfing, snowboarding and skiing, as well as spending time with his family. He is also a musician and has played the guitar and drums for over 25 years.
Born and raised in New Jersey, Edwin currently resides in Patterson, NY, and received his Bachelor’s degree in Applied Science and Technology from Thomas Edison State University. He later went on to complete his Master’s degree in Management and Doctorate in Business Administration. Active in his community, Edwin very much enjoys giving back to his community in both the educational and philanthropic capacity. When away from the office, Edwin enjoys outdoor activities such as fishing, boating, surfing, snowboarding and skiing, as well as spending time with his family. He is also a musician and has played the guitar and drums for over 25 years.
Securities Agent: AZ, NC, CT, CO, SC, NY, MO, DE, VA, MI, ME, MD, DC, VT, PA, OR, NH, LA, KY, UT, ID, WA, IL, TX, NM, GA, AL, NE, WI, NJ, TN, MA, OH, NV, MN, FL, CA; General Securities Representative; Investment Advisor Representative
NMLS#: 2664304
NMLS#: 2664304
About Vincent Tozzo
Vincent joined the financial services industry in 2007, when he became an Operations Associate at Smith Barney. Vince continued his work in operations until he was promoted to Branch Manager’s Assistant in July of 2012. In that position, he played an intricate role in leading the office through the Smith Barney/Morgan Stanley joint venture.
Vince joined The Rose Group at Morgan Stanley as a Registered Client Sales Associate in 2013. He is a seasoned team leader with over 18 years of experience, empowering individuals and businesses to achieve their financial aspirations. Vince specializes in directing financial operations with a focus on special projects and fostering a culture of continuous improvement within his wealth management team. He believes in building close, lasting relationships with clients based on trust and a deep understanding of their unique needs and goals.
Vince resides in Fairfield, CT with his wife, Kristen and their three children, Sienna, Dean, and Anthony. He is also a former Division III ice hockey player and stays active in sports by volunteering as a softball, baseball, and hockey coach to his children.
Vince joined The Rose Group at Morgan Stanley as a Registered Client Sales Associate in 2013. He is a seasoned team leader with over 18 years of experience, empowering individuals and businesses to achieve their financial aspirations. Vince specializes in directing financial operations with a focus on special projects and fostering a culture of continuous improvement within his wealth management team. He believes in building close, lasting relationships with clients based on trust and a deep understanding of their unique needs and goals.
Vince resides in Fairfield, CT with his wife, Kristen and their three children, Sienna, Dean, and Anthony. He is also a former Division III ice hockey player and stays active in sports by volunteering as a softball, baseball, and hockey coach to his children.
About John Michael Picciano
John Michael Picciano is a Registered Client Service Associate with Morgan Stanley, bringing dedication, attention to detail, and a client-first mindset to every relationship. He began his career in the financial service industry in 2021 with Spartan Capital, where he developed a foundation in client service and investment operations. Morgan Stanley became interested in the work John Michael was providing, presenting him to opportunity to join The Rose Group in 2022. He now focuses on delivering exceptional service and tailored solutions for clients.
Specializing in all client servicing operations, including annuities and cash management strategies, John Michael works closely with his team and clients in helping them navigate their financial goals with clarity and confidence. He holds his Series 7, Series 66, and Series 63 licenses, along with his insurance license, enabling him to support clients across a broad range of financial requirements.
Attending 1 year at the University of New Haven and 3 years at SUNY Oneonta, John Michael earned his Bachelor of Science Degree in Business Economics. Having grown up in Westchester, NY—and living there for 27 years—John Michael is also deeply connected to his community.
Outside the office, John Michael enjoys playing sports, staying active with basketball and the gym, and spending quality time with family and friends. His passion for teamwork, discipline, and continuous improvement—drives the high level of service he provides to every client.
Specializing in all client servicing operations, including annuities and cash management strategies, John Michael works closely with his team and clients in helping them navigate their financial goals with clarity and confidence. He holds his Series 7, Series 66, and Series 63 licenses, along with his insurance license, enabling him to support clients across a broad range of financial requirements.
Attending 1 year at the University of New Haven and 3 years at SUNY Oneonta, John Michael earned his Bachelor of Science Degree in Business Economics. Having grown up in Westchester, NY—and living there for 27 years—John Michael is also deeply connected to his community.
Outside the office, John Michael enjoys playing sports, staying active with basketball and the gym, and spending quality time with family and friends. His passion for teamwork, discipline, and continuous improvement—drives the high level of service he provides to every client.
Contact Andrew M. Rose
Contact Edwin R. Calzaretta
Wealth Management
Global Investment Office
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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
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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
Rational Investing in an Age of Uncertainty
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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
529 Plans: A Powerful Tool to Save for Education
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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
Financial Planning for Life After Selling a Business
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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 Rose 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 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
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, charitable giving, philanthropic 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 and other legal matters.
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 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.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
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.
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 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
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, charitable giving, philanthropic 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 and other legal matters.
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 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.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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 always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
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.
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)
