Joel Rupp, CFP®
Senior Vice President, Financial Advisor, Portfolio Management Director
Phone:
(419) 842-6505(419) 842-6505
The RWO Group at Morgan Stanley
Our Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals
The RWO Group
We believe success in achieving important financial goals starts with a comprehensive wealth strategy. We will help you define what is most important to you and then formulate the strategies that are appropriate for your needs, whether you are accumulating wealth or investing for income, solidifying your retirement plan or devising a distribution approach that helps meet your lifestyle and legacy goals.
Services Include
- Cash Management and Lending ProductsFootnote1
- Asset Management
- Alternative InvestmentsFootnote2
- 401(k) Rollovers
- Certificates of DepositFootnote3
- Corporate BondsFootnote4
- Financial PlanningFootnote5
- Retirement PlanningFootnote6
- Estate Planning StrategiesFootnote7
- Donor Advised Funds
- Business Succession PlanningFootnote8
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
The CFP® Difference
Individuals certified by the CFP® board have taken the extra step to demonstrate commitment and professionalism by voluntarily submitting to the rigorous CFP® certification process that includes demanding education, examination, experience, and ethical requirements. These four cornerstones set the foundation for professional's with a CFP® ability in helping clients achieve their goals. See below for more information about the CFP® designation and how we can help:
Education
Professionals with a CFP® must develop theoretical and practical financial planning knowledge by completing 2 to 3 years of comprehensive coursework at an institution of higher learning approved by the CFP® Board. Once obtaining the CFP® trademark, their education does not stop, as continued education is part of the recertification process.
Examination
Professionals with a CFP® must pass the 7 hour comprehensive Certification Exam, which tests abilities to apply financial planning knowledge to real-life situations. The exam covers the financial planning process, tax planning, employee benefits, retirement planning, estate planning, Investment management and insurance.
Experience
Professionals with a CFP® are required to complete several years of experience related to financial planning services prior to earning the right to use the CFP® trademarks.
Ethics
Professionals with a CFP® are obligated to uphold the principles of integrity, objectivity, competence, fairness, confidentiality, professionalism, and diligence as outline in the CFP® Board's Code of Ethics. The Rules of conduct require those who hold a CFP® to put their client's interest first above all else.
PROFESSIONAL PORTFOLIO MANAGEMENT
There comes a point when managing one's assets turns into a full-time job. As your life evolves and grows more complex, your financial strategy- and the options for implementing that strategy- tends to grow in complexity as well. In such circumstances, it makes sense to work with an experienced professional who understands your financial needs and can dedicate the time and resources necessary to help you meet them.
Our team works closely with you to understand your needs while maintaining the focus and commitment necessary to guide your portfolio in the most challenging market cycles. Outlined below is our disciplined four-step investment process, which underpins our portfolio management program and helps develop a long-term perspective about helping build and manage wealth
1: Establish Financial Objectives
We begin our process by working with you to establish a realistic set of objectives based on your financial goals, time horizon, liquidity needs and tolerance to volatility and risk.
2: Define Investment Strategy
Once we have a firm understanding of your objectives, we develop an investment strategy designed to help produce optimal portfolio performance: and that seek the highest potential return consistent with the strategy's level of risk.
3: Evaluate and Select Investments
Our goal is to construct a plan which encompasses virtually every important detail of your life. Leveraging the global resources of Morgan Stanley, we begin selecting investments to implement your personal strategy.
4: Ongoing Review Process
We meet regularly to make sure your plan remains current and to review your progress. We track your portfolio's performance relative to your stated objectives- and modify the portfolio on a discretionary basis as your needs and circumstances change overtime.
MANAGING YOUR MONEY IN A DIGITIAL WORLD
We offer a comprehensive suite of tools to manage your wealth more effectively in today's busy world. We are happy to assist you in signing up for any of these services.
Goals Planning System (GPS)
GPS is our financial planning software. It helps define what you want out of life, so we can create a financial framework to bring these goals to fruition.
Morgan Stanley Online (MSO)
When you sign up for MSO, you can conveniently and securely manage your account online or on your mobile device.
Morgan Stanley Mobile App
The Morgan Stanley Mobile App gives you the same capabilities as Morgan Stanley Online – all from the convenience of your own phone. It also offers features to simplify your everyday finances. These include mobile check deposit and Send Money with Zelle, a convenient way to send and receive money.
E-Authorization
With E-Authorization, you no longer need to sign a paper Letter of Authorization (LOA) to authorize a wire transfer request.
Total Wealth View
With this service, you can view all your assets and liabilities together – whether held at Morgan Stanley or elsewhere – in one place for a comprehensive overview of your assets.
E-Delivery
E-Delivery allows you to securely save, print, send and receive documents at any time from both Morgan Stanley Online and the Morgan Stanley Mobile App.
Customized Solutions
As your wealth grows, so does its complexities and the resources needed to manage it effectively. We leverage our experience and relationships to deliver innovative strategies that are tailored to your needs. We look forward to speaking with you to understand your challenges, so we may map out a strategy to achieve your particular priorities and goals.
Retirement Planning
One of our key areas of strength is helping you prepare for and thrive in retirement. From IRAs to RMDs, we manage the complexities of your comprehensive retirement plan assets, helping you easily transition to the next phase of your life with security and confidence.
Wealth Management
Wealth management brings all the dimensions of your life together. We listen carefully to understand the connections across your personal life, your family, your career, and your legacy goals to develop an integrated strategy that is uniquely yours.
Alternative Investments
Morgan Stanley's global network affords us the ability to offer suitable clients a wide array of alternative investments to consider – from private equities and exchange funds to hedge funds and real estate investments. Our recommendations are based on your own goals and your tolerance for investment risk.
401(k) Rollovers
If you have a 401(k) from a previous job, we make it easy to consolidate your assets into one account so you can monitor your progress and investment results all in one place. This helps simplify your financial life, keeps you organized and helps make your money work harder for you.
Lending Products
We believe it's important to consider all aspects of your finances when building your plan for the future. We offer a broad array of lending solutions that work together to complement your existing investment strategy – from flexible lines of credit and home mortgages to state-of-the-art cash management systems.
Planning for Education Funding
Helping meet the educational costs of children and grandchildren may be one of the most personal fulfilling investments you can make. We are here to help you develop strategies and investment recommendations that can help ensure the people in your life get the education they need to succeed.
Donor Advised Funds
Many of our clients share our passion and commitment for philanthropy. We work hard to support their aspirations for gifting by working to keep their charitable goals part of their financial plan. Donor advised funds are among the easiest and most tax-advantaged ways to give to charity for donors across the spectrum of wealth. A DAF is a charitable giving vehicle administered by a sponsoring organization such as MS GIFT, a 501(c)(3) public charity. DAFs are structured as 501(c)(3) organizations created with the intent of managing charitable donations on behalf of individuals, families and organizations.
Life Insurance
Life's risks can manifest themselves in many ways – from loss of life to loss of health – and have the potential to impair the efficiency of a thoughtfully developed plan. We proactively help address these concerns in a number or ways, ranging from insurance reviews to liquidity strategies.
Location
7311 Crossleigh Court
Toledo, OH 43617
US
Direct:
(419) 842-5321(419) 842-5321
Meet The RWO Group
Deborah Williams, CFP®, CLU®
First Vice President, Financial Advisor
Phone:
(419) 842-6521(419) 842-6521
Phone:
(419) 842-5388(419) 842-5388
Brittany Oldham, CFP®
Financial Advisor
Phone:
(419) 842-6509(419) 842-6509
Connor Brown
Registered Client Service Associate
Phone:
(419) 842-5321(419) 842-5321
Mary Ankenbrandt
Senior Registered Associate
Phone:
(419) 842-5352(419) 842-5352
Tiki Peters
Client Service Associate
Phone:
(419) 842-6503(419) 842-6503
About Joel Rupp
Joel has over 35 years of experience in the financial services industry. He joined Morgan Stanley in March of 2000. Joel strives to deliver exceptional advice and guidance to a select group of clients. Joel’s areas of focus include: financial planning and portfolio management. He is a Certified Financial Planner™ (CFP®).
A native of Pettisville, Ohio, Joel received his BBA in Finance from the University of Toledo. He and his wife Benét currently reside in Monclova, OH. Active in his community, Joel is Past Chair / Board Member at The First Tee of Lake Erie He has also served on Mercy’s Foundation Board of Trustees and Mercy Children’s Foundation. He also is the co-recipient of the 2021 ProMedica Foundations Philanthropy Volunteer of the Year. When away from the office, he enjoys spending time outside and golfing at Toledo C.C.
A native of Pettisville, Ohio, Joel received his BBA in Finance from the University of Toledo. He and his wife Benét currently reside in Monclova, OH. Active in his community, Joel is Past Chair / Board Member at The First Tee of Lake Erie He has also served on Mercy’s Foundation Board of Trustees and Mercy Children’s Foundation. He also is the co-recipient of the 2021 ProMedica Foundations Philanthropy Volunteer of the Year. When away from the office, he enjoys spending time outside and golfing at Toledo C.C.
Securities Agent: NM, AL, OH, MA, WA, VA, TN, NC, ME, NV, IL, HI, CO, CT, MT, MD, LA, VT, NJ, TX, GA, FL, WI, SC, PA, KS, IN, AZ, IA, DC, MN, MI, KY, UT, NY, ND, CA, OR; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1889151
NMLS#: 1889151
About Deborah Williams
With over 35 years in the financial services industry, Debbie has been helping clients achieve their financial goals through planning, guidance and exceptional service. She began her career with Regional Bank as a Trust Officer and in 2000 joined Morgan Stanley. Debbie’s areas of focus include: financial planning, insurance and portfolio management. She received her Certified Financial Planner™ (CFP®) and Chartered Life Underwriter designations.
Growing up in Toledo, Debbie received her Organizational and Legal Administration degree from the University of Toledo. She currently lives in Manitou Beach, Michigan with her husband, Dennis, and they have three children, Zach, Kyle and Niki. Active in the community, Debbie stays involved through the UW Women’s Initiative and is past president of Northwest Ohio Girl Scout Council and United Way Women’s Initiative.
Growing up in Toledo, Debbie received her Organizational and Legal Administration degree from the University of Toledo. She currently lives in Manitou Beach, Michigan with her husband, Dennis, and they have three children, Zach, Kyle and Niki. Active in the community, Debbie stays involved through the UW Women’s Initiative and is past president of Northwest Ohio Girl Scout Council and United Way Women’s Initiative.
Securities Agent: OH, NC, DC, VT, MT, MI, IN, LA, IA, FL, VA, PA, NV, MN, MA, KY, KS, AL, WA, NM, MD, CA, NY, NJ, CO, TN, OR, HI, WI, IL, GA, CT, AZ, UT, TX, SC; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1364417
NMLS#: 1364417
About Andrew B Weiner
Andy started his career in the financial services industry and at Morgan Stanley in 2008. He is currently a Senior Vice President, Senior Portfolio Manager, and Financial Advisor. Andy’s approach looks at the entire family unit beyond a single generation or a single investment account which has been a natural fit for his Certified Financial Planner™ designation.
After attending Unity College Andy worked for eight years providing consulting services to the commercial banking industry before discovering his passion for helping people and their families achieve stated financial goals. In 2017 Andy received a professional certificate in Certified Financial Planning from Northwestern University and in 2020 joined the Association of Professional Investment Consultants (APIC), a group of Morgan Stanley Financial Advisors dedicated to professional development and practice management.
Andy currently serves as President of the Board of Trustees at Maumee Valley Country Day School (his children’s school) where he has been on the board since 2017. Andy also serves on the Otterbein-Sunset Board of Directors where he was Board President from 2017-2021 and led the legacy Sunset Retirement Communities through its affiliation with Otterbein Senior Living. Andy and his wife Sarah live in Sylvania, OH with their daughters Lila and Penny, and their son Ozzy.
After attending Unity College Andy worked for eight years providing consulting services to the commercial banking industry before discovering his passion for helping people and their families achieve stated financial goals. In 2017 Andy received a professional certificate in Certified Financial Planning from Northwestern University and in 2020 joined the Association of Professional Investment Consultants (APIC), a group of Morgan Stanley Financial Advisors dedicated to professional development and practice management.
Andy currently serves as President of the Board of Trustees at Maumee Valley Country Day School (his children’s school) where he has been on the board since 2017. Andy also serves on the Otterbein-Sunset Board of Directors where he was Board President from 2017-2021 and led the legacy Sunset Retirement Communities through its affiliation with Otterbein Senior Living. Andy and his wife Sarah live in Sylvania, OH with their daughters Lila and Penny, and their son Ozzy.
Securities Agent: WA, MD, FL, CT, MN, MA, LA, DC, SC, IN, AL, NC, MI, WI, NM, MT, KY, AZ, VT, TX, TN, VA, PA, KS, HI, OR, CA, UT, NY, NV, NJ, IL, IA, GA, CO, OH; General Securities Representative; Investment Advisor Representative
NMLS#: 1406549
CA Insurance License #: 4016485
NMLS#: 1406549
CA Insurance License #: 4016485
About Brittany Oldham
Brittany possesses over 10 years of experience in the financial services industry. She joined Morgan Stanley in 2015. As a Financial Advisor, Brittany excels in building lasting relationships with new and existing clients. Brittany’s areas of focus include financial planning and helping clients understand their investment and planning strategies. She currently holds her Certified Financial Planner™ designation (CFP®).
A lifelong resident of Ohio, Brittany received her BBA in Finance from the University of Cincinnati. She and her husband, Dan, their children, Lila and Emmitt, currently reside in Perrysburg, OH. In her spare time, she enjoys running, boating, and watching her kids in their activities.
A lifelong resident of Ohio, Brittany received her BBA in Finance from the University of Cincinnati. She and her husband, Dan, their children, Lila and Emmitt, currently reside in Perrysburg, OH. In her spare time, she enjoys running, boating, and watching her kids in their activities.
Securities Agent: DC, WI, MN, KY, AL, TN, OK, MI, CO, WA, UT, OH, ND, MA, CA, VA, LA, KS, OR, NJ, MT, MD, CT, VT, NY, NM, ME, IN, NC, IA, GA, AZ, PA, NV, ID, HI, TX, SC, IL, FL; General Securities Representative; Investment Advisor Representative
NMLS#: 2579901
NMLS#: 2579901
About Connor Brown
As a Registered Client Service Associate, Connor has been servicing investor needs since 2022. He joined Morgan Stanley in the Operations department before joining the team. Connor’s areas of focus include administrative duties, client service and assisting the financial advisors in providing a dedicated client experience. He holds a Series 7, Series 63, and Series 65 licenses.
A lifelong resident of Ohio, Connor received his bachelor’s degree in business administration from Grand Canyon University in Phoenix, Arizona. He and his wife, Maddie, currently reside in Holland, OH. In his spare time, he enjoys golfing, traveling, lake days, and just about any sport.
A lifelong resident of Ohio, Connor received his bachelor’s degree in business administration from Grand Canyon University in Phoenix, Arizona. He and his wife, Maddie, currently reside in Holland, OH. In his spare time, he enjoys golfing, traveling, lake days, and just about any sport.
About Mary Ankenbrandt
Mary has over 45 years of experience in the financial services industry. After spending 20 years at Fifth Third Bank and Fifth Third Securities, Mary joined Morgan Stanley in 1999 as the Branch Administrator. The most recent position of management that Mary held before becoming part of the team is that of Client Service Manager.
Mary holds five securities licenses, including the Series 7, 9, 10, 63, and 65. Her experience and knowledge of the industry and the firm are invaluable.
She lives in Toledo, Ohio and enjoys spending time with her extensive family.
Mary holds five securities licenses, including the Series 7, 9, 10, 63, and 65. Her experience and knowledge of the industry and the firm are invaluable.
She lives in Toledo, Ohio and enjoys spending time with her extensive family.
About Tiki Peters
After spending 5 years in the financial services industry, Tiki decided to join Morgan Stanley in May of 2025. She completed her BBA and MBA in Finance from the University of Toledo.
Tiki received a scholarship from the University of Toledo Women’s Golf team and moved from her home town in Thailand in 2012. She and her husband, Brent, currently live in Maumee, Ohio. In her free time, she enjoys golfing and traveling.
Tiki received a scholarship from the University of Toledo Women’s Golf team and moved from her home town in Thailand in 2012. She and her husband, Brent, currently live in Maumee, Ohio. In her free time, she enjoys golfing and traveling.
Contact Joel Rupp
Contact Deborah Williams
Contact Andrew B Weiner
Contact Brittany Oldham
Wealth Management
From Our Team
How to Take the Emotion Out of Investing
Wealth Management
Global Investment Office
Portfolio Insights
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
Tax-Smart Ways to Sell Securities
How investors can tap their portfolios in tax-savvy ways.
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
Ready to start a conversation? Contact The RWO Group today.
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 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
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
3Investors 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.
4Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
5Morgan 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.
6When 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.
7Morgan 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.
8Morgan 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.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
1Morgan 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
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
3Investors 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.
4Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
5Morgan 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.
6When 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.
7Morgan 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.
8Morgan 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.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
