Michael Schenk, CPWA®
Senior Vice President, Wealth Advisor, Senior Investment Management Consultant
Phone:
(410) 295-5803(410) 295-5803
The Schenk Accinelli Group at Morgan Stanley
Direct:
(410) 295-5825(410) 295-5825
Direct:
(301) 556-2330(301) 556-2330
Direct:
(202) 999-3534(202) 999-3534
Toll-Free:
(866) 295-5207(866) 295-5207
Our Mission Statement
Our clients tell us they are here because they trust us. Our mission is to foster enduring relationships grounded in trust, transparency, and a shared commitment to long-term financial prosperity. We measure success by the strength and longevity of the relationships we build. Every step of the way we work to ensure that your expectations are not just met, but exceeded.
Welcome to The Schenk Accinelli Group at Morgan Stanley
The Schenk Accinelli Group at Morgan Stanley Wealth Management proudly serves individuals and families, foundations and endowments, and both for-profit and not-for-profit entities. Leveraging a sophisticated suite of digital and analytical tools, the thought leadership of Morgan Stanley, and the intellectual capital of our highly credentialed team, we work with our clients to deliver a comprehensive wealth management strategy that addresses their unique needs and simplifies their financial lives.
The strength of our practice is knowing what drives our clients, which we uncover through high-touch communication and an extraordinary amount of confidence. We believe it is our responsibility to always be in sync with the changes in our clients' lives, so we can anticipate and respond strategically to new risks and emerging opportunities. Above all, The Schenk Accinelli Group acts as the dedicated point of contact for our clients' comprehensive financial needs, as far reaching as they are, helping to empower them to take ownership over their financial future and safeguard their legacy for generations to come.
We commit to making a meaningful difference in the quality of our clients' lives through the delivery of four key strengths we believe set us apart from other advisory teams:
· Treat every client with the same level of care and respect.
· Each client is to receive consistent check-ins and touchpoints.
· Every financial decision is important.
· Developing honesty and transparency is vital to advisor-client relationships.
We are proud of the world-class advice and service we provide each client and welcome the opportunity to deliver this same level of excellence to you.
Sincerely,
Michael Schenk and Chris Accinelli
Forbes 2024 and 2025 Best-in-State Wealth Management Teams (Maryland)
Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2024) Data compiled by SHOOK Research LLC based for the period from 3/31/22–3/31/24.
The strength of our practice is knowing what drives our clients, which we uncover through high-touch communication and an extraordinary amount of confidence. We believe it is our responsibility to always be in sync with the changes in our clients' lives, so we can anticipate and respond strategically to new risks and emerging opportunities. Above all, The Schenk Accinelli Group acts as the dedicated point of contact for our clients' comprehensive financial needs, as far reaching as they are, helping to empower them to take ownership over their financial future and safeguard their legacy for generations to come.
We commit to making a meaningful difference in the quality of our clients' lives through the delivery of four key strengths we believe set us apart from other advisory teams:
· Treat every client with the same level of care and respect.
· Each client is to receive consistent check-ins and touchpoints.
· Every financial decision is important.
· Developing honesty and transparency is vital to advisor-client relationships.
We are proud of the world-class advice and service we provide each client and welcome the opportunity to deliver this same level of excellence to you.
Sincerely,
Michael Schenk and Chris Accinelli
Forbes 2024 and 2025 Best-in-State Wealth Management Teams (Maryland)
Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2024) Data compiled by SHOOK Research LLC based for the period from 3/31/22–3/31/24.
Services Include
- Professional Portfolio ManagementFootnote1
- Retirement PlanningFootnote2
- Estate Planning StrategiesFootnote3
- Lending Products
- Trust AccountsFootnote4
- 401(k) Rollovers
- 529 PlansFootnote5
- Alternative InvestmentsFootnote6
- Municipal BondsFootnote7
- Life InsuranceFootnote8
- Long Term Care InsuranceFootnote9
- Corporate Retirement PlansFootnote10
- Business Succession PlanningFootnote11
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
“Above all else, we believe in doing what is right for our client.”
To help our clients achieve their goals and make wise financial decisions, we provide a wide variety of services. These include everything from comprehensive investment management to tax planning, cash flow analysis, wealth transfer, legacy strategies – essentially, any decision involving money. All our recommendations and solutions are driven by two core pillars: simplifying our clients’ lives, and putting their interests first.
Before every flight, the pilots develop a flight plan. They define, step by step, where they’re going and how they intend to get there. They take off, expecting to follow the plan.
But during the course of the flight, wind, rain, turbulence, air traffic, and other factors act upon that plane. Pilots receive constant feedback during the flight, from control towers, their own instruments, even other pilots. As a result, they adjust, deviating from original the flight plan while remaining on track overall to reach their destination.
We believe this is an ideal metaphor for wealth management. We start with a comprehensive, carefully developed plan – and then we adjust for changing conditions or when new data becomes available. At any moment, circumstances may demand a course correction – but as with a typical flight plan, our strategy is designed to deliver you to your destination at the appropriate time.
To help our clients achieve their goals and make wise financial decisions, we provide a wide variety of services. These include everything from comprehensive investment management to tax planning, cash flow analysis, wealth transfer, legacy strategies – essentially, any decision involving money. All our recommendations and solutions are driven by two core pillars: simplifying our clients’ lives, and putting their interests first.
Before every flight, the pilots develop a flight plan. They define, step by step, where they’re going and how they intend to get there. They take off, expecting to follow the plan.
But during the course of the flight, wind, rain, turbulence, air traffic, and other factors act upon that plane. Pilots receive constant feedback during the flight, from control towers, their own instruments, even other pilots. As a result, they adjust, deviating from original the flight plan while remaining on track overall to reach their destination.
We believe this is an ideal metaphor for wealth management. We start with a comprehensive, carefully developed plan – and then we adjust for changing conditions or when new data becomes available. At any moment, circumstances may demand a course correction – but as with a typical flight plan, our strategy is designed to deliver you to your destination at the appropriate time.
Working With You
With over 45 years of collective experience and extensive licensing the Schenk Accinelli Group provides customized solutions and tailored strategies.
We ask each client how we can help make life easier? By building deep relationships we address concerns and aspirations, and coordinate investment strategy, manage risk, and help provide confidence while focusing on each clients unique needs.
With a comprehensive wealth management approach and experience in complex financial tax and estate strategies we are able to design a cohesive plan for the future that includes a process of - discovery, analysis, recommendations, implementation and review.
We ask each client how we can help make life easier? By building deep relationships we address concerns and aspirations, and coordinate investment strategy, manage risk, and help provide confidence while focusing on each clients unique needs.
With a comprehensive wealth management approach and experience in complex financial tax and estate strategies we are able to design a cohesive plan for the future that includes a process of - discovery, analysis, recommendations, implementation and review.
Our Clients
Our clients represent a diverse group of families, individuals, corporations and non profit organizations.
All share one common goal, to achieve excellence and success in their financial objectives.
We have a dedicated focus on individuals and families and offer customized solutions with tailored strategies.
All share one common goal, to achieve excellence and success in their financial objectives.
We have a dedicated focus on individuals and families and offer customized solutions with tailored strategies.
Forbes 2024 and 2025 Best-In-State Wealth Management Teams
Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2024 and 2025) Data compiled by SHOOK Research LLC based for the period from 3/31/22–3/31/24.
Source: Forbes.com (Awarded Jan 2024 and 2025) Data compiled by SHOOK Research LLC based for the period from 3/31/22–3/31/24.
Certified Private Wealth Advisor® (CPWA®)
Certified Private Wealth Advisor® (CPWA®) certification is an advanced professional certification for advisors who serve high-net-worth clients. It’s designed for seasoned professionals who seek the latest, most advanced knowledge and techniques to address the sophisticated needs of clients with a minimum net worth of $5 million. Unlike credentials that focus specifically on investing or financial planning, the CPWA® certification program takes a holistic and multidisciplinary approach.
Certified Financial Planner® (CFP®)
Certified Financial Planner® (CFP)® is a formal recognition of expertise in the areas of financial planning, taxes, insurance, estate planning, and retirement (such as with 401(k)s).
Owned and awarded by the Certified Financial Planner Board of Standards, Inc., the designation is awarded to individuals who successfully complete the CFP Board's initial exams, then continue ongoing annual education programs to sustain their skills and certification.
Owned and awarded by the Certified Financial Planner Board of Standards, Inc., the designation is awarded to individuals who successfully complete the CFP Board's initial exams, then continue ongoing annual education programs to sustain their skills and certification.
Family Wealth Director
At Morgan Stanley, we have an elite group of Financial Advisors who earned the Family Wealth Director designation. It is given to those who have extensive experience working with ultra high net worth families, and who have undergone specialized training. Family Wealth Directors have direct access to an extensive range of resources needed to help highly affluent families manage the complex, multigenerational challenges of managing significant wealth.
Manage Your Wealth and Stay Updated
Morgan Stanley's comprehensive suite of digital resources has carefully been designed to help enhance each aspect of your financial portfolio. Take some time to learn about some of the many Morgan Stanley Wealth Management resources we offer to our clients.
Morgan Stanley Online
Your investments and everyday finances are always just a few clicks away 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 and Enroll in Total Wealth View
Online Security Center
At Morgan Stanley, safeguarding your assets and personal information is among our highest priorities. Learn about our security measures and use our resources and ideas to help protect yourself online.
Online Security Center
Goal Planning System (GPS)
Our Goals Planning System is built on Morgan Stanley's intellectual capital and capabilities, to provide you with comprehensive investing and planning solutions for your individual goals. Contact us to begin your plan today.
Learn More about GPS
GIC Weekly Research Report
The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance and fixed income.
GIC Weekly Report
On The Markets Research Report
Detailed market commentary from Morgan Stanley's thought leaders on topics such as global equities, fixed income, monetary policy and more.
On The Markets Report
Morgan Stanley's "What's Next?" Podcast
Bringing you revealing stories about the world of business, finance, technology, and beyond.
Latest Episode
Lessons In Leadership
A Morgan Stanley speaker series by invitation-only, giving you the chance to sit in on conversations with artists, politicians, economists, and athletes.
Stay tuned to receive additional updates on this truly unique opportunity.
Stay tuned to receive additional updates on this truly unique opportunity.
Keeping The Equality Conversation Going
Please see the additional links below on helpful resources, discussions, and articles. Conversations from DCP Entertainment Podcasts like Touré Show (Stories from successful black professionals) (business, entertainment, politics, athletics, and activists)
Learn More
Thoughts On The Market Podcast
Market commentary on a daily basis, covering various topics surrounding the current financial landscape. Available subscription through Apple & Spotify, please take a moment to listen here!
Tax-Efficient Strategies
Here at Morgan Stanley, we strive to simplify complex financial ideas so that our clients understand what is being done on their behalf to plan for their financial future. We want to provide our clients with as many resources as possible so they can stay informed about the latest market trends, outlooks, and breakdowns. The links below provide detailed analysis on interesting topics that are affecting the finance and business worlds.
4 Key Tax Questions for Investors to Consider
Factoring the impact of taxes into your investment decisions can help you keep more of your hard-earned money, both now and in the future.
Explore the Questions Here
Tax-Smart Strategies for Retirement
Looking for ideas on how to be more tax efficient when planning for your retirement?
Read the Strategies Here
Tax-Efficient Portfolios
Morgan Stanley Portfolio Solutions/Parametric Tax Efficient Portfolios are designated for high-net-worth investors seeking a tax-managed, diversified portfolio. Portfolios are monitored, evaluated, and rebalanced to maintain diversification and react to changing market conditions. Some key benefits include tax efficiencies, clarity by combining multiple asset classes in one account, and confidence with asset allocation advice deriving from the Global Investment Committee, so your portfolio is aligned with the firm's best thinking.
Robust Retirement Income Planning
Actively Pursuing Tax Alpha
Opportunities for tax strategies ebb and flow with the fluctuations of the market and not with our fiscal calendars. Incorporating tax-sensitive investing into the daily trading activity of an account can capitalize on market fluctuations and potentially yield better after-tax results.
Learn About GPS
Taxation of Global Clients
The strategies you use when drawing down your retirement savings can have a significant impact on how much you’ll pay in taxes and may help you keep more of the returns. Each retiree’s situation is different but establishing a tax management strategy for your investments can help you retain more of your investment returns.
Tax-Smart Strategies
Tax Filing Checklist: How to Prepare to File Your Income Tax Returns
How to Access Your Tax Forms
1. Log into your account via Morgan Stanley Online
2. Click the Accounts tab
3. Select the Documents tab
4. Go to the Statement drop-down tab
5. Select Tax Documents and download them
Click Here to Log In to Morgan Stanley Online1. Log into your account via Morgan Stanley Online
2. Click the Accounts tab
3. Select the Documents tab
4. Go to the Statement drop-down tab
5. Select Tax Documents and download them
Trust and Business Sale Planning
Successful business owners are visionaries. You are constantly thinking about how your business will prosper, who you should hire, where you want to expand, what your financing needs are, and ultimately, your exit strategy. This leaves you little time to consider for your own personal financial concerns, as well as those of your family.
Managing the financial needs of your business while also considering your personal wealth objectives can be a balancing act. Our team assumes responsibility for those concerns; navigating complex situations and offering planning-based solutions. We start with whatever is keeping you up at night, then tackle other priorities until every piece of your financial life is connected and accounted for.
Preparing for the transition and sale of a business requires planning across many financial disciplines. Working closely with clients early in this process helps them consider all aspects of the transaction to optimize the economic opportunity. Below are some resources that provide insight on the process of selling a business and different types of trusts to consider.
Managing the financial needs of your business while also considering your personal wealth objectives can be a balancing act. Our team assumes responsibility for those concerns; navigating complex situations and offering planning-based solutions. We start with whatever is keeping you up at night, then tackle other priorities until every piece of your financial life is connected and accounted for.
Preparing for the transition and sale of a business requires planning across many financial disciplines. Working closely with clients early in this process helps them consider all aspects of the transaction to optimize the economic opportunity. Below are some resources that provide insight on the process of selling a business and different types of trusts to consider.
Family Limited Partnership
A Family Limited Partnership or “FLP” (or Family LLC) is a business entity which can facilitate business succession, gifting and estate planning. A properly created and administered FLP potentially allows you to leverage your lifetime gift tax exemption by making gifts of limited partnership interests, in trust or outright, to your family members on a discounted basis. Limited partnership interests generally qualify for valuation discounts for lack of marketability and lack of control.
Learn About Family Limited Partnerships Here
Sale to a Grantor Trust
A Grantor Trust is a trust that is not a separate taxpayer for federal income tax purposes. Instead, the grantor of the trust is deemed to own the trust assets and therefore, all income, deductions and credits attributable to the trust property will be reported by the grantor on his or her personal federal income tax return. Non-grantor trusts are separate taxpayers.
Learn About a Grantor Trust Here
GRATs versus Sales to Grantor Trusts
A sale to an intentionally defective grantor trust is often compared to a Grantor Retained Annuity Trust (GRAT), another type of estate freeze transaction. With a GRAT, a donor transfers property to an irrevocable trust for a term of years. The GRAT is required to pay the grantor an annual annuity during the term. Any value remaining in the trust after the annuity is paid may pass to children (or other beneficiaries) without incurring federal gift tax.
Learn About the Difference Here
Spousal Lifetime Access Trust
In a SLAT, each spouse would establish an irrevocable trust naming the other spouse and their children as beneficiaries. However, if the two trusts are deemed reciprocal (that is, they leave the spouses in nearly the identical economic position they had before the transfer), then the assets of the trust, including all appreciation, may be brought back into their estates for estate tax purposes under the "reciprocal trust doctrine."
Learn About SLAT's HereLocation
410 Severn Ave
Bldg B Ste 211
Annapolis, MD 21403
US
Direct:
(410) 295-5825(410) 295-5825
Toll-Free:
(866) 295-5207(866) 295-5207
Fax:
(443) 992-7808(443) 992-7808
702 King Farm Boulevard
Suite 500
Rockville, MD 20850
US
Direct:
(301) 556-2330(301) 556-2330
Meet The Schenk Accinelli Group
Christopher Accinelli, CFP®
Senior Vice President, Wealth Advisor, Senior Investment Management Consultant, Family Wealth Director
Phone:
(410) 295-5825(410) 295-5825
Marjorie Inden, MBA
Portfolio Associate
Phone:
(410) 295-5829(410) 295-5829
Sharon Perdue
Senior Registered Associate
Phone:
(410) 295-5832(410) 295-5832
Morfoula Mostakis
Senior Client Service Associate
Phone:
(410) 972-3278(410) 972-3278
About Michael Schenk
Background
Michael Schenk was born and raised in Huntington, New York and graduated with a degree in Economics from the University of Delaware. Michael is a Senior Vice President and a Wealth Advisor with Morgan Stanley. As a Morgan Stanley Wealth Advisor, Michael provides personalized investment strategies for high net worth clients that are looking to grow, preserve, and transition their wealth.
Licenses & Titles
General Securities Representative Series 7
Uniform Securities Agent State Law Series 63
Investment Advisor Representative Series 65
Licensed Insurance Representative
Futures Managed Funds Series 31
Family Wealth Advisor – Morgan Stanley
Professional Development
Michael has earned the credential of Investment Consultant in his course of study to obtain his Certified Investment Management AnalystSM (CIMA®) designation.
Personal Information
Michael’s personal interests include golfing and reading. Michael frequently travels to visit with clients and for professional development.
Professional Details
Financial Advisor since 1995
Bachelor of Arts, Economics - University of Delaware
Investment Consultant earned title in pursuit of CIMA® designation
Michael L. Schenk holds the following registrations:
Securities Agent: AL, AZ, CA, CT, DC, DE, FL, GA, MA, MD, NC, NJ, NM, NY, OH, PA, SC, TN, VA; General Securities Representative; Investment Advisorship: MD, DC, VA; Managed Futures
Michael Schenk was born and raised in Huntington, New York and graduated with a degree in Economics from the University of Delaware. Michael is a Senior Vice President and a Wealth Advisor with Morgan Stanley. As a Morgan Stanley Wealth Advisor, Michael provides personalized investment strategies for high net worth clients that are looking to grow, preserve, and transition their wealth.
Licenses & Titles
General Securities Representative Series 7
Uniform Securities Agent State Law Series 63
Investment Advisor Representative Series 65
Licensed Insurance Representative
Futures Managed Funds Series 31
Family Wealth Advisor – Morgan Stanley
Professional Development
Michael has earned the credential of Investment Consultant in his course of study to obtain his Certified Investment Management AnalystSM (CIMA®) designation.
Personal Information
Michael’s personal interests include golfing and reading. Michael frequently travels to visit with clients and for professional development.
Professional Details
Financial Advisor since 1995
Bachelor of Arts, Economics - University of Delaware
Investment Consultant earned title in pursuit of CIMA® designation
Michael L. Schenk holds the following registrations:
Securities Agent: AL, AZ, CA, CT, DC, DE, FL, GA, MA, MD, NC, NJ, NM, NY, OH, PA, SC, TN, VA; General Securities Representative; Investment Advisorship: MD, DC, VA; Managed Futures
Securities Agent: AL, SC, MD, GA, TX, DE, RI, NY, NH, MI, MA, CT, CA, AZ, FL, TN, NV, NM, NJ, MO, KY, CO, WA, PA, OH, NC, DC, WV, LA, WI, VA, ME, IL; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1255365
CA Insurance License #: 0l81215
NMLS#: 1255365
CA Insurance License #: 0l81215
About Christopher Accinelli
Background
Chris Accinelli is a native of Severna Park, MD. He attended Severn School and graduated with a degree in Business Administration from Loyola University Maryland. Prior to moving his practice to Morgan
Stanley in 2005, Chris worked as a Financial Advisor for Smith Barney in La Jolla, CA. While at Smith Barney, Chris built a practice based on Financial Planning and was elected to the firms Blue Chip Council of Financial Advisors. In 2008 Chris along with his business partner, Michael Schenk, formed The Schenk Accinelli Group at Morgan Stanley.
Professional Designations
CERTIFIED FINANCIAL PLANNER™ (CFP®) - CFP BOARD
Executive Certificate in Financial Planning - Georgetown University
Chartered Mutual Fund Counselor (CMFC®) - College of Financial Planning
Financial Planning Specialist (FPS) - Kaplan Schweser
Family Wealth Advisor (FWA) - Morgan Stanley Institute of Family Wealth Management
Senior Investment Management Consultant (SIMC) – Morgan Stanley Consulting Group
Graduate of Leadership Anne Arundel Class of 2007 – “The Best Class!”
Personal Information
Chris and his fabulous wife, Kelly, live in Severna Park with their three very energetic children; Avery (12), Emerson (10) & Grant (8). Chris has previously served on the board of directors for the Volunteer Center of Anne Arundel County, the United Way Community Partnership Board of Central Maryland, and was a founding board member of The Growing Traditions Society at Anne Arundel Medical Center. He currently serves on the board of directors for Leadership Anne Arundel. Chris enjoys preparing and serving breakfast monthly to the residents of the Lighthouse Homeless Shelter in Annapolis. When he is not working, pursuing a professional designation, or chasing his kids around, he enjoys leisurely cruises up and down the Severn River on his Chris Craft “Blue Charm.”
Licenses & Registrations
Series 7
Series 31
Series 63
Series 65
Licensed Insurance Representative
Chris Accinelli is a native of Severna Park, MD. He attended Severn School and graduated with a degree in Business Administration from Loyola University Maryland. Prior to moving his practice to Morgan
Stanley in 2005, Chris worked as a Financial Advisor for Smith Barney in La Jolla, CA. While at Smith Barney, Chris built a practice based on Financial Planning and was elected to the firms Blue Chip Council of Financial Advisors. In 2008 Chris along with his business partner, Michael Schenk, formed The Schenk Accinelli Group at Morgan Stanley.
Professional Designations
CERTIFIED FINANCIAL PLANNER™ (CFP®) - CFP BOARD
Executive Certificate in Financial Planning - Georgetown University
Chartered Mutual Fund Counselor (CMFC®) - College of Financial Planning
Financial Planning Specialist (FPS) - Kaplan Schweser
Family Wealth Advisor (FWA) - Morgan Stanley Institute of Family Wealth Management
Senior Investment Management Consultant (SIMC) – Morgan Stanley Consulting Group
Graduate of Leadership Anne Arundel Class of 2007 – “The Best Class!”
Personal Information
Chris and his fabulous wife, Kelly, live in Severna Park with their three very energetic children; Avery (12), Emerson (10) & Grant (8). Chris has previously served on the board of directors for the Volunteer Center of Anne Arundel County, the United Way Community Partnership Board of Central Maryland, and was a founding board member of The Growing Traditions Society at Anne Arundel Medical Center. He currently serves on the board of directors for Leadership Anne Arundel. Chris enjoys preparing and serving breakfast monthly to the residents of the Lighthouse Homeless Shelter in Annapolis. When he is not working, pursuing a professional designation, or chasing his kids around, he enjoys leisurely cruises up and down the Severn River on his Chris Craft “Blue Charm.”
Licenses & Registrations
Series 7
Series 31
Series 63
Series 65
Licensed Insurance Representative
Securities Agent: CO, NC, MD, MA, FL, AL, NJ, IL, WI, WA, RI, GA, CA, VA, TX, OH, DE, NY, MO, LA, TN, PA, NH, MI, ME, KY, CT, SC, NM, DC, AZ, WV, NV; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1285079
NMLS#: 1285079
About Marjorie Inden
Marge Inden has over 20 years of securities industry experience, and has been with Morgan Stanley since 2008. She holds a BS in Electrical Engineering from Columbia University, working as an engineer at IBM earlier in her career, as well as an MBA in Finance from New York University.
Marge has her Series 7, Series 66, and Series 31 securities licenses and is also insurance licensed.
She hails from the New York City area and made Maryland her home in 2001. In her spare time she enjoys travel, cooking, reading, and spending time with her cats.
Marge has her Series 7, Series 66, and Series 31 securities licenses and is also insurance licensed.
She hails from the New York City area and made Maryland her home in 2001. In her spare time she enjoys travel, cooking, reading, and spending time with her cats.
About Sharon Perdue
Sharon Perdue brings over 25 years of experience in the financial services industry, including 23 years at Morgan Stanley, where she has held various branch positions throughout her tenure gaining valuable experience across many service areas. She has served as a Branch Operations Manager, and then Complex Service Manager for the DC/Annapolis Complex, managing a team of support professionals across multiple branches. She also served as a Senior Registered Operations Associate for several years. Most recently she held the position of Senior Registered Associate supporting a team of 6 financial advisors. She is thrilled to be joining The Schenk Accineilli Group to help support the team’s continued growth.
Sharon holds a Bachelor of Science degree in Business Administration with a concentration in Finance from Salisbury University.
She has her Series 6, Series 7, Series 9, Series 10, Series 63, Series 66 securities licenses and is also insurance licensed.
Sharon lives in Salisbury with her husband, Bryan. Together they have one daughter, Hannah, who is in her Senior year at the University of Georgia. In her spare time, Sharon enjoys cooking, gardening, traveling and spending time with her family.
Sharon holds a Bachelor of Science degree in Business Administration with a concentration in Finance from Salisbury University.
She has her Series 6, Series 7, Series 9, Series 10, Series 63, Series 66 securities licenses and is also insurance licensed.
Sharon lives in Salisbury with her husband, Bryan. Together they have one daughter, Hannah, who is in her Senior year at the University of Georgia. In her spare time, Sharon enjoys cooking, gardening, traveling and spending time with her family.
About Morfoula Mostakis
Morfoula Mostakis, "Foula", has more than 20 years of experience in the financlal services industry. January 2015, Foula joined Morgan Stanley Graystone Consulting as a Senior Client Service Associate and provides administrative support to The Houser Ford Group. A native from Michigan, she relocated to Annapolis in 2005 to be with her husband, John. Foula is a bilingual Greek American with strong roots in the local community.
Contact Michael Schenk
Contact Christopher Accinelli
The Power of Partnerships
By partnering with experienced individuals across wealth disciplines, Morgan Stanley Financial Advisors can align specialized resources with your custom needs and deliver strategic guidance through the familiarity and trust of existing relationships
Sean W. Ruediger
Private Banker
Jill Toomey, CFP®
Financial Planning Director, Vice President
Ope Afe, CFP®, CRPC®
Financial Planning Director, Vice President
Angelo Loumbas
Family Office Resource Generalist
Anthony Catapano
Planning Associate
Chris Smith
Trust Specialist
About Sean W. Ruediger
Sean Ruediger is a Private Banker serving Morgan Stanley’s Wealth Management offices in Washington D.C. and Maryland.
Sean began his career in financial services in 2012 and joined Morgan Stanley in 2016. Prior to joining the firm, Sean worked at PHH Mortgage as a Senior Loan Processor assigned to Morgan Stanley’s clients. Additionally, he was PHH’s lead trainer on Morgan Stanley’s mortgage procedures and processes.
Sean is a Lean Six Sigma certified yellow belt. He and his wife reside in Maryland. Outside of the office, Sean enjoys writing music, graphic designing and spending time with his family and friends.
Sean began his career in financial services in 2012 and joined Morgan Stanley in 2016. Prior to joining the firm, Sean worked at PHH Mortgage as a Senior Loan Processor assigned to Morgan Stanley’s clients. Additionally, he was PHH’s lead trainer on Morgan Stanley’s mortgage procedures and processes.
Sean is a Lean Six Sigma certified yellow belt. He and his wife reside in Maryland. Outside of the office, Sean enjoys writing music, graphic designing and spending time with his family and friends.
NMLS#: 1192383
About Jill Toomey
Jill Toomey, CFP® is a Vice President and Financial Planning Director serving Morgan Stanley’s Wealth Management and Private Wealth Management offices in the Washington D.C. Market. Jill is responsible for helping Financial Advisors’ clients and prospects with their financial planning needs.
Jill began her career in financial services in 2013 and joined Morgan Stanley in 2016. Prior to her current position, Jill served as a Financial Advisor and as the Southeast Region Planning Solutions Specialist covering the states of GA, FL, AL, KY, TN, and WV.
Jill received her bachelor’s degree in mathematics from the University of Delaware and holds her Certified Financial Planner® designation, which is the standard of excellence in financial planning. Jill currently resides in Alpharetta, GA.
Jill began her career in financial services in 2013 and joined Morgan Stanley in 2016. Prior to her current position, Jill served as a Financial Advisor and as the Southeast Region Planning Solutions Specialist covering the states of GA, FL, AL, KY, TN, and WV.
Jill received her bachelor’s degree in mathematics from the University of Delaware and holds her Certified Financial Planner® designation, which is the standard of excellence in financial planning. Jill currently resides in Alpharetta, GA.
About Ope Afe
Ope Afe is a Vice President and Financial Planning Director serving Morgan Stanley’s Wealth Management offices in Central Maryland. She is responsible for helping Financial Advisors with their clients’ and prospects’ financial planning needs.
Ope began her career in financial services in 2005 and joined Morgan Stanley in 2023. Prior to her current position, she worked as a Senior Advisor at T. Rowe Price in their Private Client Group in Owings Mills, MD. She has also held various wealth management roles at TIAA, SunTrust, PNC and Wells Fargo (Wachovia).
Ope is a graduate of Morgan State University where she received a bachelor’s degree in Finance, and also graduated from Loyola University MD with a Master of Business Administration (MBA). She holds her Certified Financial Planner® and Chartered Retirement Planning Counselor® designations. Ope lives in Howard County, MD and enjoys traveling, trying out new recipes and spending time with her husband and two daughters.
Ope began her career in financial services in 2005 and joined Morgan Stanley in 2023. Prior to her current position, she worked as a Senior Advisor at T. Rowe Price in their Private Client Group in Owings Mills, MD. She has also held various wealth management roles at TIAA, SunTrust, PNC and Wells Fargo (Wachovia).
Ope is a graduate of Morgan State University where she received a bachelor’s degree in Finance, and also graduated from Loyola University MD with a Master of Business Administration (MBA). She holds her Certified Financial Planner® and Chartered Retirement Planning Counselor® designations. Ope lives in Howard County, MD and enjoys traveling, trying out new recipes and spending time with her husband and two daughters.
About Angelo Loumbas
Angelo is the Family Office Resources Generalist for Family Office Resources in the New York Metro and New England regions. Angelo provides specialized knowledge to ultra-high net worth clients and their Morgan Stanley Financial Advisors across a broad range of family wealth management issues, including family governance/dynamics, wealth education, strategic estate and financial planning, philanthropy management, lifestyle advisory and customized asset allocation and portfolio construction. Angelo has over twenty-five years experience advising wealthy families, business owners, and philanthropic organizations.
Originally from Chicago, Angelo practiced law for 15 years and represented ultra-high net worth clients and the businesses they owned, as well as major philanthropic organizations. Angelo is admitted to the Society of Trust and Estate Practitioners. He has spoken on topics such as “Conditions Suggesting a Management Buyout” before the Chicago Bar Association Corporation and Business Law Committee, “Tax Consequences of Intra-Family Loans,” before the Chicago Bar Association Trust Law Committee, and “Conversations about Wealth and Philanthropy with Prospective Donors” before the Chicago Council on Planned Giving.
Prior to rejoining Morgan Stanley in his current position in 2018, Angelo advised wealthy clients in the financial services industry for 10 years, first as a Wealth Strategist with US Trust in Chicago, then a Wealth and Estate Planning Specialist within Family Office Resources in Chicago, and finally as a Senior Wealth Planning Strategist for the Wells Fargo Private Bank in Greenwich, Connecticut. Angelo earned his B.A. from DePauw University, his M.B.A. from the University of Notre Dame, and his law degree from Indiana University at Bloomington. He is Series 7, 66 and 24 licensed. Angelo served as President of the Rotary Club of Chicago (“ROTARY/One”), the world’s first Rotary club, in 2009-2010, and now lives in Armonk, New York with his wife, a native New Yorker, and their two children.
Originally from Chicago, Angelo practiced law for 15 years and represented ultra-high net worth clients and the businesses they owned, as well as major philanthropic organizations. Angelo is admitted to the Society of Trust and Estate Practitioners. He has spoken on topics such as “Conditions Suggesting a Management Buyout” before the Chicago Bar Association Corporation and Business Law Committee, “Tax Consequences of Intra-Family Loans,” before the Chicago Bar Association Trust Law Committee, and “Conversations about Wealth and Philanthropy with Prospective Donors” before the Chicago Council on Planned Giving.
Prior to rejoining Morgan Stanley in his current position in 2018, Angelo advised wealthy clients in the financial services industry for 10 years, first as a Wealth Strategist with US Trust in Chicago, then a Wealth and Estate Planning Specialist within Family Office Resources in Chicago, and finally as a Senior Wealth Planning Strategist for the Wells Fargo Private Bank in Greenwich, Connecticut. Angelo earned his B.A. from DePauw University, his M.B.A. from the University of Notre Dame, and his law degree from Indiana University at Bloomington. He is Series 7, 66 and 24 licensed. Angelo served as President of the Rotary Club of Chicago (“ROTARY/One”), the world’s first Rotary club, in 2009-2010, and now lives in Armonk, New York with his wife, a native New Yorker, and their two children.
About Anthony Catapano
Anthony Catapano is a Planning Associate at Morgan Stanley providing dedicated financial planning support to Financial Advisors and their teams. Operating as an extension of the FA/Team, he collaborates with clients to discover and define goals that matter most to them. Leveraging state of the art technology, he will evaluate various options and their potential outcomes to help clients confidently choose the appropriate course of action. Anthony provides expertise across a wide suite of Morgan Stanley planning tools designed to assist in the areas of investment accumulation, retirement, education, major purchase, cash flow, risk management, tax efficiency, and wealth transfer planning.
He earned his undergraduate degree from Providence College and received the Financial Planning Specialist® designation from the College for Financial Planning. Anthony is originally from Manalapan, New Jersey and currently resides in Hoboken, New Jersey.
He earned his undergraduate degree from Providence College and received the Financial Planning Specialist® designation from the College for Financial Planning. Anthony is originally from Manalapan, New Jersey and currently resides in Hoboken, New Jersey.
About Chris Smith
Chris Smith is an Executive Director and Head of Morgan Stanley’s Trust Services Group. As a 30-year employee of Morgan Stanley, Chris is responsible for maintaining the “Open Architecture” trustee platform, which consists of thirteen third-party trust companies who can serve in a fiduciary, agency or custodial role for ultra-high-net worth client trust accounts. Chris and the Trust Services Group help Advisors, clients, prospects and the professional community understand the corporate trustee services available through Morgan Stanley and how our corporate trustee partners can be used to provide fiduciary solutions for clients. This involves reviewing trust document and statements as well as analyzing family dynamics. Chris then uses this information to recommend one or more of the firm’s third-party corporate trustee partners to possibly serve as trustee, co-trustee or administrative agent for a client trust account.
Prior to joining Morgan Stanley (Dean Witter), Chris worked in the Retirement Plans department of Prudential Securities and prior to that the District Agency department of Prudential Insurance Company. Chris holds a Bachelor of Arts degree in Communication/Journalism and Psychology from St. John Fisher College in Rochester, NY. He lives in Saratoga Springs, NY with his wife Sharon and two boys, Ryan and Michael and has a passion for golf, skiing and horse racing.
Prior to joining Morgan Stanley (Dean Witter), Chris worked in the Retirement Plans department of Prudential Securities and prior to that the District Agency department of Prudential Insurance Company. Chris holds a Bachelor of Arts degree in Communication/Journalism and Psychology from St. John Fisher College in Rochester, NY. He lives in Saratoga Springs, NY with his wife Sharon and two boys, Ryan and Michael and has a passion for golf, skiing and horse racing.
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan 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.
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.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan 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.
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.
Wealth Management
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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
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Creating customized financial strategies for the challenges that today’s families face.
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Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
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Financial Planning for Life After Selling a Business
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Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
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Donor Advised Funds: A Smart Way to Manage Your Giving
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Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Ready to start a conversation? Contact The Schenk Accinelli 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’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When 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.
3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
5Investors 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.
6Alternative 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.
7Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
10When 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.
11Morgan 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’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When 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.
3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
5Investors 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.
6Alternative 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.
7Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
10When 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.
11Morgan 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), 3582895 (6/2024)
