David L Sack
Managing Director, Wealth Management, Financial Advisor, Family Wealth Director, Senior Portfolio Management Director
Phone:
(212) 230-3647(212) 230-3647
The Sack Group at Morgan Stanley
Our Mission Statement
With integrity, honesty, and transparency, we build and implement customized financial blueprints based on the life goals and unique circumstances of each client.
Welcome
As a financial advisory team with more than four decades of experience, we design and implement tailored financial blueprints for professionals and their families. Our foremost responsibility is helping our clients maximize the financial rewards from their successful careers, both within the US and internationally.
We believe that providing customized financial advice requires completely understanding each client’s individual situation and goals for his or her affluence. The more we understand, the better we are able to distill from a range of investment and wealth management strategies those that can potentially meet today’s needs and tomorrow’s goals. We rely on a collaborative relationship with our clients, and are proud of how many we have worked with long-term.
We thank you for taking the time to get to know us – the foremost step towards a mutually beneficial and long-lasting relationship.
Sincerely,
The Sack Group at Morgan Stanley
Forbes Best-In-State Wealth Management Teams 2025
Forbes Best-In-State Wealth Management Teams 2024
Forbes Top Next-Gen Best-In-State Wealth Advisor 2023 - Sam Sack
Forbes Best-In-State Wealth Advisor 2024 - David Sack
Forbes Best-In-State Wealth Advisor 2024 - Sam Sack
Forbes Best-In-State Wealth Advisor 2023 - David Sack
Forbes Best-In-State Wealth Advisor 2023 - Sam Sack
Forbes Top Next-Gen Best-In-State Wealth Advisor 2023 - Sam Sack
Forbes Top Next-Gen Best-In-State Wealth Advisor 2022 - Sam Sack
Morgan Stanley Chairman's Club - David Sack
Morgan Stanley Masters Club - Sam Sack
Morgan Stanley Pacesetter's Club - Bruce Kennedy
2025, 2024 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded 2025, 2024). Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award
2024, 2023, 2022 Forbes America’s Top Next-Gen Wealth Advisors & Top Next-Gen Wealth Advisors Best-in-State
Source: Forbes.com (Awarded 2022, 2023). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was issued.
2024, 2023 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2024, 2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
We believe that providing customized financial advice requires completely understanding each client’s individual situation and goals for his or her affluence. The more we understand, the better we are able to distill from a range of investment and wealth management strategies those that can potentially meet today’s needs and tomorrow’s goals. We rely on a collaborative relationship with our clients, and are proud of how many we have worked with long-term.
We thank you for taking the time to get to know us – the foremost step towards a mutually beneficial and long-lasting relationship.
Sincerely,
The Sack Group at Morgan Stanley
Forbes Best-In-State Wealth Management Teams 2025
Forbes Best-In-State Wealth Management Teams 2024
Forbes Top Next-Gen Best-In-State Wealth Advisor 2023 - Sam Sack
Forbes Best-In-State Wealth Advisor 2024 - David Sack
Forbes Best-In-State Wealth Advisor 2024 - Sam Sack
Forbes Best-In-State Wealth Advisor 2023 - David Sack
Forbes Best-In-State Wealth Advisor 2023 - Sam Sack
Forbes Top Next-Gen Best-In-State Wealth Advisor 2023 - Sam Sack
Forbes Top Next-Gen Best-In-State Wealth Advisor 2022 - Sam Sack
Morgan Stanley Chairman's Club - David Sack
Morgan Stanley Masters Club - Sam Sack
Morgan Stanley Pacesetter's Club - Bruce Kennedy
2025, 2024 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded 2025, 2024). Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award
2024, 2023, 2022 Forbes America’s Top Next-Gen Wealth Advisors & Top Next-Gen Wealth Advisors Best-in-State
Source: Forbes.com (Awarded 2022, 2023). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was issued.
2024, 2023 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2024, 2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Services Include
- Executive Financial ServicesFootnote1
- Estate Planning StrategiesFootnote2
- Trust ServicesFootnote3
- Philanthropic ManagementFootnote4
- Institutional ServicesFootnote5
- Business Succession PlanningFootnote6
- Corporate Retirement PlansFootnote7
- Professional Portfolio ManagementFootnote8
- Corporate Investment SolutionsFootnote9
- Stock Plan ServicesFootnote10
- 401(k) Rollovers
- Financial PlanningFootnote11
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Our Suite of Services
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 help achieve your particular priorities and goals.
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 a comprehensive strategy that is uniquely yours.
Retirement Planning
One of our key areas of focus 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.
Professional Portfolio Management
Managing an investment portfolio should be a consultative, disciplined process that balances your attitudes about investing with careful analysis of the financial markets. Working together, we create a customized strategy that applies long-held investment principles to help your assets appreciate appropriately, generate cash-flow or create income as you require.
Cash Management Services
Creating adequate cash flow and securing liquidity are the day-to-day aspects of implementing a financial strategy. We help you meet your personal cash management and borrowing needs, while thinking strategically about how specific approaches may affect current and long-term costs and taxes.
Estate Planning & Philanthropic Strategies
Delivering an estate to the next generation or favorite charity requires more attention than families often realize. We coordinate with your estate and tax professionals to align your legacy goals with the appropriate asset titling and beneficiary designation requirements, incorporating best practices to enhance results.
Business Planning
Focusing on the factors that make a difference in your business- from your perspective on ownership, control and liquidity, to the key challenges and opportunities you may face.
Modern Tools For Modern Clients
We provide our clients with some of the most comprehensive digital tools in the industry. Additionally, the firm strives to ensure that the platforms our clients use are safe, fast and flexible. Here are a few technologies we have to offer our clients.
Morgan Stanley Online & Mobile App
Seamlessly and securely manage your investments and everyday finances in one place with Morgan Stanley Online (MSO) and the Morgan Stanley Mobile App.
Learn More About MSO
Total Wealth View
Complete your financial picture with Total Wealth View. By linking your account information, you will benefit from more informed wealth planning, more secure data access, and convenient connectivity.
Learn More About Total Wealth View
eDelivery
eDelivery, allows you to securely save, print, send, and receive documents at any time from both Morgan Stanley Online and the Morgan Stanley Mobile App. Currently, documents available through eDelivery include statements, trade confirmations and prospectuses, general correspondence, selected Internal Revenue Service (IRS) approved tax documents, syndicate offerings, shareholder communications, and portfolio reports.
Learn More About eDelivery
Digital Vault
The Digital Vault on Morgan Stanley Online and the Mobile App allows for easy sharing and convenient access to life’s most important documents from wills and deeds to financial statements and tax fillings. Easily manage your encrypted financial records all in one place.
Learn More About Digital Vault
Goals Based Planning
Working with us, paired with our technology, is a great way to access advice and build a wealth plan. Read more about the advantages of working with our planning technology in reaching your financial goals.
Learn About Our Planning Tools
Reserved Living & Giving
Our complimentary loyalty program for eligible Morgan Stanley clients provides you and your family access to exclusive offers and discounts from premium brands.
Learn More About Reserved Living & GivingInvestment Insight From Our Desk To Yours
We hold a firm belief in the education of our clients as well as being able to provide access to insight from our team. Check here regularly to stay up-to-date with the market and our team.
How to Prepare to Sell a Business
Selling a business should be the reward for years of entrepreneurial savvy and hard work. Here’s how to make the process go smoothly.
Read The ArticleFinancial Planning After Divorce or Death
Financial planning after a divorce or death can be trying, but with the right approach and the right advice you can turn a difficult situation into empowerment.
Read The ArticleSECURE 2.0
Congress recently passed the SECURE 2.0 Act of 2022, which was signed into law by President Biden on December 29, 2022. SECURE 2.0 is a significant piece of retirement legislation that is intended to make it easier for businesses to offer retirement plans and for individuals to save for retirement. It contains over 90 retirement-related provisions with varying effective dates that build upon, modify, or otherwise impact the Setting Every Community Up for Retirement Enhancement Act previously enacted in December 2019, as well as certain sections of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986.
Read The ArticleHow to Reduce Your Tax Bill
Take a look at your Form 1040 to find potential opportunities to save money hidden between its lines.
Read The Article
Tax Rates/Dates
Understanding the latest tax rates and dates can help you prepare and stay on track throughout the year.
Visit The WebsiteTax-Aware Strategies for Your Wealth Plan
The tax decisions you make today can help you save for years to come. Use these resources and ideas to help you get started.
Visit The Website2023 Federal Tax Tables
2023 Federal Tax Tables to assist clients in their investment decisions.
Read The Tables
CUSTOMIZED SOLUTIONS
We believe successful wealth management is a process, not an event. As a result, we have built a personalized, first-class service experience that is based on continuous service, mutual understanding of goals and direction, and ongoing relationship building. 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.
Liquidity Event
Selling a business should be the reward for years of entrepreneurial savvy and hard work. Here’s how to make the process go smoothly.
Preparing for the Transaction of a Lifetime
Monetizing Your Business
4 million privately held businesses are set to change hands in the next decade, but 75% of those business owners do not have an exit plan. A common mistake of business owners is entertaining the first offer they receive on a business. Learn about best practices when considering to sell your business.
Watch Here
Your Workforce
We believe there’s no better investment your company can make than in your employees. When they work at their best, so does your business. That’s why Morgan Stanley at Work delivers workplace financial solutions that can help employees build financial confidence and help you attract and retain top talent.
Morgan Stanley at Work
Corporate Retirement Plans
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 to achieve. Morgan Stanley at Work provides plan sponsors with a comprehensive suite of solutions and investment experience that helps your employees maximize their potential to reach their long-term goals.
Morgan Stanley at Work
Business Succession Planning
Owning a business represents years, if not decades, of hard work and entrepreneurial savvy. Yet, even the most astute business owners are often unfamiliar with the complexities that go into a successful succession strategy. We understand your succession in the context of your overall financial picture. We also work closely with your other financial advisors to help ensure your priorities are reflected in your succession strategy.
Succession Planning Strategies
Business Planning
The links between business ownership and personal wealth are complex. Whether you objective is to grow business, realize its value through a succession strategy or sale, or to maintain family ownership through the next generation, we will help you examine your alternatives and develop the best strategy to achieve your goals.
Business Planning StrategyLocation
55 East 52nd Street 10th
Fl
New York, NY 10055
US
Direct:
(212) 230-3647(212) 230-3647
Meet The Sack Group
Sam Sack, CFP®, CRPC®, CRPS®, QPFC, CEPA®
Executive Director, Wealth Management, Financial Advisor, Financial Planning Specialist, Portfolio Management Director
Bruce Kennedy, CRPS®
Senior Vice President, Financial Advisor, Portfolio Management Director, Corporate Retirement Director
Phone:
(212) 230-3560(212) 230-3560
Y. Elle Watanabe
Business Development Associate
Phone:
(212) 230-3715(212) 230-3715
Rocco Neis
Portfolio Associate
Phone:
(212) 603-6238(212) 603-6238
About David L Sack
“Every Client Relationship is unique and you deserve a partner who will understand what differentiates you from other investors”
After more than three decades in the financial services industry, David still firmly believes that listening carefully to clients as they talk about their goals, values, aspirations and concerns is instrumental in building long-term relationships, as well as helping clients meet their specific goals. His success and longevity in the industry and steadfast commitment to exceptional client service is evident in the intergenerational relationships he has cultivated with his clients and their families. David focuses on developing comprehensive wealth management strategies. As the team’s strategist, David acts as the chief financial officer and portfolio manager, while overseeing all portfolio management decisions. With a full understanding of each client’s tolerance for risk and time horizon, he builds a financial blueprint to help clients obtain their financial goals. His blueprint methodology is designed to weather turbulent markets and down-market cycles, and enables him to apply hard-earned wisdom and a pragmatic approach to his decision-making. He has a Bachelor of Science in Economics from Hampshire College and is fully registered to sell securities and provide investment advice. For 21 years, he has been a member of Morgan Stanley’s Chairman’s Council,* which recognizes top Financial Advisors who demonstrate the highest level of professionalism and client service and have an extended tenure at our Firm. David along with Suzanne, his wife of 27 years, are avid boaters and enjoy maintaining their homestead in Connecticut.
*Includes years at Smith Barney, affiliates and predecessor firms
After more than three decades in the financial services industry, David still firmly believes that listening carefully to clients as they talk about their goals, values, aspirations and concerns is instrumental in building long-term relationships, as well as helping clients meet their specific goals. His success and longevity in the industry and steadfast commitment to exceptional client service is evident in the intergenerational relationships he has cultivated with his clients and their families. David focuses on developing comprehensive wealth management strategies. As the team’s strategist, David acts as the chief financial officer and portfolio manager, while overseeing all portfolio management decisions. With a full understanding of each client’s tolerance for risk and time horizon, he builds a financial blueprint to help clients obtain their financial goals. His blueprint methodology is designed to weather turbulent markets and down-market cycles, and enables him to apply hard-earned wisdom and a pragmatic approach to his decision-making. He has a Bachelor of Science in Economics from Hampshire College and is fully registered to sell securities and provide investment advice. For 21 years, he has been a member of Morgan Stanley’s Chairman’s Council,* which recognizes top Financial Advisors who demonstrate the highest level of professionalism and client service and have an extended tenure at our Firm. David along with Suzanne, his wife of 27 years, are avid boaters and enjoy maintaining their homestead in Connecticut.
*Includes years at Smith Barney, affiliates and predecessor firms
Securities Agent: WY, WA, VT, VI, UT, TX, TN, RI, PA, OR, OH, NY, NV, NM, NJ, NH, NC, MS, MO, MN, MI, ME, MD, MA, KY, KS, IL, HI, GA, FL, DE, DC, SC, CT, CO, CA, VA, AZ, AL, AK, WI; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1268343
NMLS#: 1268343
About Sam Sack
Sam Sack has been providing bespoke investment strategies, steadfast guidance, and exceptional service to clients of The Sack Group since 2015. Prior to joining the team, he oversaw the settlement of global equity, fixed income, and over-the-counter derivative trades for alternative investment firm Tudor Investment Corporation in Greenwich, Connecticut. He also oversaw operational risk reporting for over-the-counter-derivatives within the multi-asset client services division at Morgan Stanley.
With an approach that isn’t swayed by fads or emotional investing, Sam’s careful and strategic methodologies result in the steady, long-term growth of his clients’ portfolios, often over many generations. He considers it a privilege to improve clients’ lives by guiding them through complicated financial decisions. His perspective has earned him not just client referrals (the greatest compliment), but acclaim; in 2020, Sam was recognized as one of the country’s top next-generation wealth advisors by Forbes and Shook Research.
Sam received his bachelor’s degree in economics from Gettysburg College, from which he graduated with honors and as a member of the National Economics Honor Society, Omicron Delta Epsilon. He is also a graduate of Choate Rosemary Hall and a lifelong resident of New York City and the tri-state area. When Sam isn’t working with his clients to help them protect and grow their wealth, he enjoys beekeeping, staying active, and spending time in nature, whether that’s in Central Park or along the Connecticut shoreline.
With an approach that isn’t swayed by fads or emotional investing, Sam’s careful and strategic methodologies result in the steady, long-term growth of his clients’ portfolios, often over many generations. He considers it a privilege to improve clients’ lives by guiding them through complicated financial decisions. His perspective has earned him not just client referrals (the greatest compliment), but acclaim; in 2020, Sam was recognized as one of the country’s top next-generation wealth advisors by Forbes and Shook Research.
Sam received his bachelor’s degree in economics from Gettysburg College, from which he graduated with honors and as a member of the National Economics Honor Society, Omicron Delta Epsilon. He is also a graduate of Choate Rosemary Hall and a lifelong resident of New York City and the tri-state area. When Sam isn’t working with his clients to help them protect and grow their wealth, he enjoys beekeeping, staying active, and spending time in nature, whether that’s in Central Park or along the Connecticut shoreline.
Securities Agent: TN, AK, AZ, CT, CO, MD, DC, DE, FL, GA, HI, KS, OH, KY, MA, UT, VI, ME, MI, MN, MO, MS, NC, NH, NJ, NM, NV, NY, IL, OR, PA, CA, RI, SC, TX, WY, VA, VT, WA, WI, AL; General Securities Representative; Investment Advisor Representative
NMLS#: 1751504
CA Insurance License #: 4256094
NMLS#: 1751504
CA Insurance License #: 4256094
About Bruce Kennedy
Bruce joined The Sack Group in January 2007 and heads the team’s institutional investments. As the leading relationship manager for many of the corporate retirement accounts, he has earned the trust of business executives across the Northeastern region of the US, crafting personalized retirement and non-retirement portfolios for individuals and companies. Having spent over a decade with the team’s diverse set of clientele, he is intimately familiar with our clients’ numerous challenges, goals, and unique perspectives, which also makes him a strong resource for advice regarding 401(k) plans and participant rollovers. Bruce graduated from the University of Tampa with a Bachelor of Science in Finance and has been a registered securities representative since 2008. In his free time, he enjoys surfing and spending time with his wife, kids, and friends in his native New Jersey.
Securities Agent: VI, AL, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IL, KS, KY, MA, MD, ME, MI, MN, MO, MS, NC, NH, NJ, NM, NV, NY, OH, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WY; General Securities Representative; Investment Advisor Representative
NMLS#: 1839637
NMLS#: 1839637
About Y. Elle Watanabe
Offering a diverse set of experiences in West Coast start-up companies, Elle entered the private wealth sector in 2016 and The Sack Group in 2018. Directly prior to joining Morgan Stanley she was an advisor at Raymond James, where she focused on fund manager due diligence and client relationship management. She now supports the team’s growth initiatives and manages its operational infrastructure. She earned a B.A. in ethnographic research and analysis from UCLA in 2012, and in 2018 was recognized as a Riordan MBA Fellow by the UCLA Anderson School of Management. She is a fully licensed associate who holds the Series 7/66. Among her hobbies are developing young professionals, practicing yoga, and travelling.
CA Insurance License #: 0L00926
Contact David L Sack
Contact Sam Sack
Contact Bruce Kennedy
Wealth Management
From Our Team
The Sack Group Named to Forbes Magazine’s 2024 List of Best-In-State Wealth Management Teams
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
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
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
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
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
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 Sack 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 (“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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
3Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
4Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
5Morgan 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.
6Morgan 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.
7When 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.
8Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
9Morgan 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.
10Morgan 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.
11Morgan 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.
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 (“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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
3Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
4Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
5Morgan 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.
6Morgan 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.
7When 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.
8Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
9Morgan 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.
10Morgan 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.
11Morgan 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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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.
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Awards Disclosures
CRC 6491812 (04/2024)
