Ken Mogseth, CPM®
Senior Vice President, Wealth Management, Financial Advisor, Portfolio Management Director
Phone:
(360) 992-7991(360) 992-7991
The Schmidt Mogseth Group at Morgan Stanley
Direct:
(360) 992-7992(360) 992-7992
Toll-Free:
(800) 755-2516(800) 755-2516
Our Mission Statement
Deep market knowledge, comprehensive planning and a commitment to finding the best strategies to match your needs.
Welcome
We are a highly skilled group of financial advisors who offer you the benefit of multiple perspectives, balanced thinking and advanced credentials in the areas of financial planning, economic forecasting and portfolio management.
Affluent clients often find us when the complexity of their financial situation has outgrown their ability or willingness to spend the time managing it. We aim to prove our value by acting as a trusted sounding board as well as a place to gain comprehensive advice and solutions that go beyond what you can research on your own.
Our distinctive blend of market research combines with a proprietary blend of forecasting methods to position your portfolio that seeks to take advantage of economic events before they occur. We offer well researched, knowledgeable advice regarding your concerns about living through retirement, integrating greater healthcare challenges into your financial picture, and dealing with worries about higher taxes, family, and estate planning strategies, in addition to your day-to-day financial needs.
We believe that money decisions involve more than just numbers. We see lives, not account statements and are committed to finding the best possible solutions to match your needs. Our relationship with you is rooted in our strong knowledge base and disciplined process, and is delivered to you with transparency and integrity.
Affluent clients often find us when the complexity of their financial situation has outgrown their ability or willingness to spend the time managing it. We aim to prove our value by acting as a trusted sounding board as well as a place to gain comprehensive advice and solutions that go beyond what you can research on your own.
Our distinctive blend of market research combines with a proprietary blend of forecasting methods to position your portfolio that seeks to take advantage of economic events before they occur. We offer well researched, knowledgeable advice regarding your concerns about living through retirement, integrating greater healthcare challenges into your financial picture, and dealing with worries about higher taxes, family, and estate planning strategies, in addition to your day-to-day financial needs.
We believe that money decisions involve more than just numbers. We see lives, not account statements and are committed to finding the best possible solutions to match your needs. Our relationship with you is rooted in our strong knowledge base and disciplined process, and is delivered to you with transparency and integrity.
Services Include
- Wealth ManagementFootnote1
- 401(k) Rollovers
- AnnuitiesFootnote2
- Defined Contribution PlansFootnote3
- Estate Planning StrategiesFootnote4
- Exchange Traded FundsFootnote5
- Financial PlanningFootnote6
- Fixed IncomeFootnote7
- Life InsuranceFootnote8
- Long Term Care InsuranceFootnote9
- Qualified Plans
- Qualified Retirement PlansFootnote10
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Credentials and experience really do matter. They demonstrate our deep level of knowledge, advanced training and commitment to finding some of the best strategies to match your needs.
Tomie T. Schmidt, Certified Financial Planner™ (CFP®)
CFP®s create personalized strategies incorporating sophisticated financial planning, tax-efficient investment planning, estate and trust planning strategies, risk management contingencies, and long-term income and retirement solutions.
Disclaimer:
Morgan 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.
Disclaimer:
Morgan 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.
Ken Mogseth, Certified Portfolio Manager (CPM®)
The CPM® designation is attained after undergoing a rigorous course in advanced fundamental security analysis, diverse asset classes and allocation, risk management and portfolio management concepts, as well as global financial markets.
Portfolio Management Director
Both, Tomie T. Schmidt and Ken Mogseth, are Portfolio Management Directors. Portfolio Management Directors have a track record of managing discretionary money using disciplined processes and are able to employ more sophisticated strategies for your investment portfolio.
7 Decades of Experience
Our combined years of experience represent knowledge gained not only from our commitment to advanced learning, but through the lived experience of many different market cycles and conditions.
The strategies we provide you are designed to help you get to where you want to go. Like a car’s navigational system, your financial planning map provides a reliable turn-by-turn route that aims to steer safely around unexpected roadblocks and provide you with the surest path to your destination.
Like most people, your destination is probably a long, comfortable, worry-free retirement, with no compromise in lifestyle and no real concern of ever running out of money. It may also be the ability to offer meaningful financial assistance in the financial lives of your children and/or grandchildren, either during your lifetime, in the form of legacies, or both. Or, the transfer of a family business to the next generation. And, don’t forget about those meaningful contributions to a much-loved school, church, charity, museum or other organizations.
We draw on our more than 25 years of financial planning experience, as well as Tomie Schmidt’s Certified Financial Planner™ (CFP®) credentials and strong commitment to building comprehensive, custom plans, to help provide you with an unusually strong and deep set of planning strategies and knowledge. We pay attention to what drives you, both in terms of your immediate financial concerns and challenges, as well as your non-financial longer-term goals and passions. Because, at the end of the day, money is just a means to an end; it is useful because of what it can provide for you. And that is your ultimate destination.
Like most people, your destination is probably a long, comfortable, worry-free retirement, with no compromise in lifestyle and no real concern of ever running out of money. It may also be the ability to offer meaningful financial assistance in the financial lives of your children and/or grandchildren, either during your lifetime, in the form of legacies, or both. Or, the transfer of a family business to the next generation. And, don’t forget about those meaningful contributions to a much-loved school, church, charity, museum or other organizations.
We draw on our more than 25 years of financial planning experience, as well as Tomie Schmidt’s Certified Financial Planner™ (CFP®) credentials and strong commitment to building comprehensive, custom plans, to help provide you with an unusually strong and deep set of planning strategies and knowledge. We pay attention to what drives you, both in terms of your immediate financial concerns and challenges, as well as your non-financial longer-term goals and passions. Because, at the end of the day, money is just a means to an end; it is useful because of what it can provide for you. And that is your ultimate destination.
If you were asked to identify the most difficult aspect of successful investing, you would probably agree that it’s knowing when – rather than what – to buy and sell. We agree. That’s why our approach to portfolio management uses a proprietary blend of economic indicators that is designed to dynamically position your investment portfolio to weather and profit from what lies ahead.
This approach is different than traditional, more passive buy-and-hold portfolio strategies that remain static despite changing economic conditions. Over the past three decades, we have developed a proprietary blend of 26 Recession Risk Indicators to help identify the probability of a recession within the next 6 to 12 months. When those indicators increase to a certain level, we make portfolio adjustments to mitigate or capitalize upon the impact. Given that the Standard & Poor's 500 Composite Stock Price Index has averaged more than 43.3% declines during the last 12 drawdowns in the past 91 years* (defined as declines of 25% or greater from the peak) , we believe an understanding of and active engagement with this issue is critical for strategic and tactical portfolio management.
Source: FactSet, Bloomberg, Morgan Stanley Wealth Management GIC. Returns prior to 1988 are price only and subsequent returns are total returns.
Our custom portfolio models are designed to match your risk tolerance as well as meet your needs and goals. Ken Mogseth, CPM®, directs our team’s portfolio management models. As a Certified Portfolio Manager (CPM®) and a Morgan Stanley designated Portfolio Management Director, he is one of a select group of financial advisors who have been qualified by Morgan Stanley to independently manage client assets. Ken’s deep level of economic understanding is achieved through his tremendous dedication to independent economic research and analysis. Our portfolio management process is distinctive in the business and we believe the results speak for themselves.
This material is intended only for clients and prospective clients of the Portfolio Management program. It has been prepared solely for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or other financial instrument, or to participate in any trading strategy.
The individuals mentioned as the Portfolio Management Team are Financial Advisors with Morgan Stanley participating in the Morgan Stanley Portfolio Management program. The Portfolio Management program is an investment advisory program in which the client’s Financial Advisor invests the client’s assets on a discretionary basis in a range of securities. The Portfolio Management program is described in the applicable Morgan Stanley ADV Part 2, available at www.morganstanley.com/ADV or from your Financial Advisor.
Past performance of any security is not a guarantee of future performance. There is no guarantee that this investment strategy will work under all market conditions. Do not assume that any holdings mentioned were, or will be, profitable. The performance, holdings, sector weightings, portfolio traits and other data for an actual account may differ from that in this material due to various factors including the size of an account, cash flows within an account, and restrictions on an account.
Material in this presentation has been obtained from sources that we believe to be reliable, but we do not guarantee its accuracy, completeness or timeliness. Third party data providers make no warranties or representations relating to the accuracy, completeness or timeliness of the data they provide and are not liable for any damages relating to this data.
For index, indicator and survey definitions referenced here, please visit the following:
https://www.morganstanley.com/wealth-investmentsolutions/wmir-definitions
An investment cannot be made directly in a market index.
This approach is different than traditional, more passive buy-and-hold portfolio strategies that remain static despite changing economic conditions. Over the past three decades, we have developed a proprietary blend of 26 Recession Risk Indicators to help identify the probability of a recession within the next 6 to 12 months. When those indicators increase to a certain level, we make portfolio adjustments to mitigate or capitalize upon the impact. Given that the Standard & Poor's 500 Composite Stock Price Index has averaged more than 43.3% declines during the last 12 drawdowns in the past 91 years* (defined as declines of 25% or greater from the peak) , we believe an understanding of and active engagement with this issue is critical for strategic and tactical portfolio management.
Source: FactSet, Bloomberg, Morgan Stanley Wealth Management GIC. Returns prior to 1988 are price only and subsequent returns are total returns.
Our custom portfolio models are designed to match your risk tolerance as well as meet your needs and goals. Ken Mogseth, CPM®, directs our team’s portfolio management models. As a Certified Portfolio Manager (CPM®) and a Morgan Stanley designated Portfolio Management Director, he is one of a select group of financial advisors who have been qualified by Morgan Stanley to independently manage client assets. Ken’s deep level of economic understanding is achieved through his tremendous dedication to independent economic research and analysis. Our portfolio management process is distinctive in the business and we believe the results speak for themselves.
This material is intended only for clients and prospective clients of the Portfolio Management program. It has been prepared solely for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or other financial instrument, or to participate in any trading strategy.
The individuals mentioned as the Portfolio Management Team are Financial Advisors with Morgan Stanley participating in the Morgan Stanley Portfolio Management program. The Portfolio Management program is an investment advisory program in which the client’s Financial Advisor invests the client’s assets on a discretionary basis in a range of securities. The Portfolio Management program is described in the applicable Morgan Stanley ADV Part 2, available at www.morganstanley.com/ADV or from your Financial Advisor.
Past performance of any security is not a guarantee of future performance. There is no guarantee that this investment strategy will work under all market conditions. Do not assume that any holdings mentioned were, or will be, profitable. The performance, holdings, sector weightings, portfolio traits and other data for an actual account may differ from that in this material due to various factors including the size of an account, cash flows within an account, and restrictions on an account.
Material in this presentation has been obtained from sources that we believe to be reliable, but we do not guarantee its accuracy, completeness or timeliness. Third party data providers make no warranties or representations relating to the accuracy, completeness or timeliness of the data they provide and are not liable for any damages relating to this data.
For index, indicator and survey definitions referenced here, please visit the following:
https://www.morganstanley.com/wealth-investmentsolutions/wmir-definitions
An investment cannot be made directly in a market index.
We believe that you deserve to receive exceptional service while getting our very best possible investment counsel. When we talk together, we aim to get to the heart of what’s truly important in your life. We focus on the well-being of your life – your family, your business concerns, your health and your passions – knowing that every decision we make together can impact many people.
We also pay attention to and help you simplify the minutiae of your financial life. We have solutions for the daily challenges of bill paying, spending and budgeting, while keeping an eye on ways to help minimize taxes, maximize charitable giving and preserve your assets for future generations.
We serve clients around the country from our home in the Pacific Northwest. We grew up here, we have established our careers here and we are raising our families here. We are proud volunteers of organizations and cultural activities that contribute to our community’s vibrancy and vitality.
We also pay attention to and help you simplify the minutiae of your financial life. We have solutions for the daily challenges of bill paying, spending and budgeting, while keeping an eye on ways to help minimize taxes, maximize charitable giving and preserve your assets for future generations.
We serve clients around the country from our home in the Pacific Northwest. We grew up here, we have established our careers here and we are raising our families here. We are proud volunteers of organizations and cultural activities that contribute to our community’s vibrancy and vitality.
Global Investment Committee on the Markets Monthly Report
A monthly publication that summarizes the Global Investment Committee’s market outlook and contains thought-provoking essays that examine the forces shaping the investment landscape. Check out the latest edition below:
GIC On the MarketsAWARD-WINNING WEALTH MANAGEMENT. FOCUSED ON YOU.
With the guidance of a Morgan Stanley Financial Advisor and the strength of a five-time award-winning wealth management platform<sup> <a href="#wm-disclosure-1" class="Link--underline"> <span class="sr-only">Footnote</span> 1 </a> </sup>, you can build, preserve, and manage your wealth with precision and purpose. For every stage of your financial journey.
Tax-Smart Solutions
Leading tax optimization capabilities\<sup\> \<a href="#wm\-disclosure\-2" class="Link\-\-underline"\> \<span class="sr\-only"\>Footnote\</span\> 2 \</a\> \</sup\> designed to deliver year\-round tax management with an eye toward reducing taxes and boosting after\-tax returns.
Seamless Cash Management Integration
A comprehensive, coordinated strategy with access to competitive yields, flexible financing options, and exclusive cash management resources.
Premier Risk Management and Cyber Defense
Industry\-acclaimed risk management tools\<sup\> \<a href="#wm\-disclosure\-3" class="Link\-\-underline"\> \<span class="sr\-only"\>Footnote\</span\> 3 \</a\> \</sup\> to help drive smarter portfolio decisions. In\-house team of cybersecurity experts dedicated to help protect you from cyber threats.
Personalized Legacy Planning
Guidance from experienced professionals across estate, trust, philanthropy, and financial planning to help preserve and grow your legacy.
An Industry-Leading Platform
Expert insights from 500+ equity analysts to help unlock your portfolio's potential and investment guidance.
Liquidity When You Need It
Industry\-leading securities\-based lending solutions to help access liquidity without selling assets or disrupting your investment strategy.\<sup\> \<a href="#wm\-disclosure\-4" class="Link\-\-underline"\> \<span class="sr\-only"\>Footnote\</span\> 4 \</a\> \</sup\>
Robust Concentrated Stock Solutions
Powerful tools and strategies to help manage concentrated stock positions and look to optimize portfolio outcomes.
Alternatives & Private Markets Access
A comprehensive alternative investments platform offering tailored solutions, early access to select offerings, and competitive pricing structures. Exclusive private market and pre\-IPO opportunities that were previously reserved for institutions.
Location
1701 SE Columbia River Dr
Ste 120
Vancouver, WA 98661
US
Direct:
(360) 992-7992(360) 992-7992
Toll-Free:
(800) 755-2516(800) 755-2516
Meet The Schmidt Mogseth Group
Phone:
(360) 992-7990(360) 992-7990
Chase Wanamaker, CRPC®
Financial Advisor
Phone:
(360) 992-7992(360) 992-7992
Susan Love
Senior Registered Associate
Phone:
(360) 992-8062(360) 992-8062
Lauren Larsen
Team Administrator
Phone:
(360) 759-8107(360) 759-8107
About Ken Mogseth
Ken Mogseth, CPM®
Senior Vice President, Wealth Management
Financial Advisor
Senior Portfolio Management Director
As a Certified Portfolio Manager (CPM®) and lifelong student of economics, I am relentlessly curious about financial markets and the forces that drive them. Why do markets behave in a particular way? Why do some companies survive and thrive, while others lose their position within the industry? Is it possible to discern from the economic indicators that we are moving into a period of weakness? Most importantly, how can I use that knowledge to benefit my clients?
Since 1987, I have helped clients articulate their goals, build holistic, custom financial plans and navigate through the ups and downs of financial markets and life’s circumstances. I take advantage of every conversation to help our clients strengthen their knowledge and understanding about their finances and the markets. It is equally important to me to continue to grow my own knowledge. I have worked hard to earn advanced credentials and designations that allow me to provide additional value to our clients.
As a Senior Portfolio Management Director, I am one of a select group of Financial Advisors who has been qualified by Morgan Stanley to independently manage client assets. I focus on providing risk- and tax-aware investment strategies that not only help meet our clients’ needs and goals, but are designed to navigate the ever-changing circumstances of financial markets. I combine that role with my credentials as a Certified Portfolio Manager and economist to create proprietary economic market forecasts that allow us to help our clients prepare for and potentially take advantage of economic events before they occur.
I grew up in Vancouver, Washington and attended the University of Puget Sound with the intent of becoming a lawyer. During a freshman economics class, my life took a 180 degree turn as I fell madly in love with the ‘dismal science.’ I dove deeply into the subject and even taught a college-level class during my senior year. After graduation, I joined Proctor and Gamble and spent three years honing my business instincts.
In 1987, I became a Financial Advisor at Dean Witter (Morgan Stanley predecessor firm), helping individuals and families grow, preserve and transfer their wealth. I am proud of the fact that many of my initial clients are still with me, along with their children and grandchildren.
In 2011, I earned the prestigious title of Certified Portfolio Manager, after completing a rigorous curriculum through Columbia University’s Fu Foundation School of Engineering and Applied Science. This designation is designed to provide advisors managing discretionary portfolios with a deeper understanding of fundamental security analysis, asset allocation, and portfolio management concepts.
My wife, Cindy, and I have been married since 1986. Now that our two children are young adults, my wife and I have more time to pursue our passions for music and travel. Cindy plays the piano and I enjoy playing guitar and mandolin. We love supporting the area’s local bands and can often be found at music festivals and concerts. We also enjoy serving our community and some of our local non-profit organizations. My bilingual wife provides medical translation services for groups traveling to Mexico. I am a current board member of the Royal Oaks Country Club and have been on the board of Crossroads Community Church since 1998.
The individuals mentioned as the Portfolio Management Team are Financial Advisors with Morgan Stanley participating in the Morgan Stanley Portfolio Management program. The Portfolio Management program is an investment advisory program in which the client’s Financial Advisor invests the client’s assets on a discretionary basis in a range of securities. The Portfolio Management program is described in the applicable Morgan Stanley ADV Part 2, available at www.morganstanley.com/ADV or from your Financial Advisor.
Senior Vice President, Wealth Management
Financial Advisor
Senior Portfolio Management Director
As a Certified Portfolio Manager (CPM®) and lifelong student of economics, I am relentlessly curious about financial markets and the forces that drive them. Why do markets behave in a particular way? Why do some companies survive and thrive, while others lose their position within the industry? Is it possible to discern from the economic indicators that we are moving into a period of weakness? Most importantly, how can I use that knowledge to benefit my clients?
Since 1987, I have helped clients articulate their goals, build holistic, custom financial plans and navigate through the ups and downs of financial markets and life’s circumstances. I take advantage of every conversation to help our clients strengthen their knowledge and understanding about their finances and the markets. It is equally important to me to continue to grow my own knowledge. I have worked hard to earn advanced credentials and designations that allow me to provide additional value to our clients.
As a Senior Portfolio Management Director, I am one of a select group of Financial Advisors who has been qualified by Morgan Stanley to independently manage client assets. I focus on providing risk- and tax-aware investment strategies that not only help meet our clients’ needs and goals, but are designed to navigate the ever-changing circumstances of financial markets. I combine that role with my credentials as a Certified Portfolio Manager and economist to create proprietary economic market forecasts that allow us to help our clients prepare for and potentially take advantage of economic events before they occur.
I grew up in Vancouver, Washington and attended the University of Puget Sound with the intent of becoming a lawyer. During a freshman economics class, my life took a 180 degree turn as I fell madly in love with the ‘dismal science.’ I dove deeply into the subject and even taught a college-level class during my senior year. After graduation, I joined Proctor and Gamble and spent three years honing my business instincts.
In 1987, I became a Financial Advisor at Dean Witter (Morgan Stanley predecessor firm), helping individuals and families grow, preserve and transfer their wealth. I am proud of the fact that many of my initial clients are still with me, along with their children and grandchildren.
In 2011, I earned the prestigious title of Certified Portfolio Manager, after completing a rigorous curriculum through Columbia University’s Fu Foundation School of Engineering and Applied Science. This designation is designed to provide advisors managing discretionary portfolios with a deeper understanding of fundamental security analysis, asset allocation, and portfolio management concepts.
My wife, Cindy, and I have been married since 1986. Now that our two children are young adults, my wife and I have more time to pursue our passions for music and travel. Cindy plays the piano and I enjoy playing guitar and mandolin. We love supporting the area’s local bands and can often be found at music festivals and concerts. We also enjoy serving our community and some of our local non-profit organizations. My bilingual wife provides medical translation services for groups traveling to Mexico. I am a current board member of the Royal Oaks Country Club and have been on the board of Crossroads Community Church since 1998.
The individuals mentioned as the Portfolio Management Team are Financial Advisors with Morgan Stanley participating in the Morgan Stanley Portfolio Management program. The Portfolio Management program is an investment advisory program in which the client’s Financial Advisor invests the client’s assets on a discretionary basis in a range of securities. The Portfolio Management program is described in the applicable Morgan Stanley ADV Part 2, available at www.morganstanley.com/ADV or from your Financial Advisor.
Securities Agent: SC, VA, OH, GA, NJ, IL, FL, TX, PA, MN, ID, NV, NY, HI, CO, MT, LA, CA, AZ, WY, OR, MD, CT, AK, IN, WA; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1446197
NMLS#: 1446197
About Tomie T Schmidt
Tomie Tada Schmidt, CFP®
Senior Vice President, Wealth Management
Financial Advisor
Portfolio Management Director
As a Certified Financial Planner™ (CFP®), I help ensure that every financial decision you make can support the highest probability of achieving your goals. My comprehensive and customized financial plans are designed to shift with the changing circumstances of your life and provide you with a realistic and attainable roadmap to help you accomplish your priorities and realize your dreams.
My clients actively engage with me in the planning process. We begin by looking at the big picture of your economic situation, including your current priorities and ideal future. Then I map out different financial scenarios, each demonstrating the statistical chance of success. I make sure to stress test the final version – to incorporate the “what ifs” of a possible recession, death of a partner, reduction of pension or social security and other considerations – in order to build a personalized financial plan with the highest likelihood of successfully matching your envisioned future.
Helping achieve financial equilibrium, particularly as you accumulate wealth and responsibilities, takes significant time and energy. It is important to me that you feel confident and comfortable with your decisions around finances and investments. I take a collaborative, transparent, and holistic approach to every issue we tackle and spend an incredible amount of time considering which financial choices can make a significant difference in your life. I am also intrigued by people’s behavior around financial decisions and am a student of behavioral finance.
I am a Pacific Northwest native. I grew up in Portland as the oldest of seven children and attended Linfield College in McMinnville, Oregon. In college, I held a national ranking in speech and debate competitions. It taught me how to prepare thoroughly, consider an issue from multiple angles, and make a plan with a goal in mind. After graduating with double degrees in finance and speech communications, I moved to Denver, Colorado to work for a private financial firm that provided services to credit unions. My husband, Mark, and I returned to the Pacific Northwest in 2002, where I became a Financial Advisor with Solomon Smith Barney (a Morgan Stanley predecessor firm), eventually joining Ken Mogseth and Chase Wanamaker. I earned an executive certificate in financial planning from the University of Portland and received my CFP® designation in 2005.
I am also a board member of the Estate Planning Council of Southwest Washington, where I collaborate with fellow professionals, continue to develop my estate planning expertise, and bring that knowledge back to serve the community.
Outside of work, my husband and I are raising our two children in the Vancouver-Portland area. Our family loves to ski, play games, watch movies, and spend time with friends. I am a voracious audiobook reader, I love to bake, and I enjoy the paper arts.
Senior Vice President, Wealth Management
Financial Advisor
Portfolio Management Director
As a Certified Financial Planner™ (CFP®), I help ensure that every financial decision you make can support the highest probability of achieving your goals. My comprehensive and customized financial plans are designed to shift with the changing circumstances of your life and provide you with a realistic and attainable roadmap to help you accomplish your priorities and realize your dreams.
My clients actively engage with me in the planning process. We begin by looking at the big picture of your economic situation, including your current priorities and ideal future. Then I map out different financial scenarios, each demonstrating the statistical chance of success. I make sure to stress test the final version – to incorporate the “what ifs” of a possible recession, death of a partner, reduction of pension or social security and other considerations – in order to build a personalized financial plan with the highest likelihood of successfully matching your envisioned future.
Helping achieve financial equilibrium, particularly as you accumulate wealth and responsibilities, takes significant time and energy. It is important to me that you feel confident and comfortable with your decisions around finances and investments. I take a collaborative, transparent, and holistic approach to every issue we tackle and spend an incredible amount of time considering which financial choices can make a significant difference in your life. I am also intrigued by people’s behavior around financial decisions and am a student of behavioral finance.
I am a Pacific Northwest native. I grew up in Portland as the oldest of seven children and attended Linfield College in McMinnville, Oregon. In college, I held a national ranking in speech and debate competitions. It taught me how to prepare thoroughly, consider an issue from multiple angles, and make a plan with a goal in mind. After graduating with double degrees in finance and speech communications, I moved to Denver, Colorado to work for a private financial firm that provided services to credit unions. My husband, Mark, and I returned to the Pacific Northwest in 2002, where I became a Financial Advisor with Solomon Smith Barney (a Morgan Stanley predecessor firm), eventually joining Ken Mogseth and Chase Wanamaker. I earned an executive certificate in financial planning from the University of Portland and received my CFP® designation in 2005.
I am also a board member of the Estate Planning Council of Southwest Washington, where I collaborate with fellow professionals, continue to develop my estate planning expertise, and bring that knowledge back to serve the community.
Outside of work, my husband and I are raising our two children in the Vancouver-Portland area. Our family loves to ski, play games, watch movies, and spend time with friends. I am a voracious audiobook reader, I love to bake, and I enjoy the paper arts.
Securities Agent: TX, CT, WA, VA, NV, IN, HI, AK, OR, OH, MD, GA, NY, MN, IL, AZ, SC, NJ, LA, ID, WY, IA, FL, CA, PA, MT, CO; General Securities Representative; Investment Advisor Representative
NMLS#: 1288295
NMLS#: 1288295
About Chase Wanamaker
As a Financial Advisor at Morgan Stanley, I am dedicated to transforming financial uncertainty into clarity for my clients. My professional philosophy revolves around a holistic, one-stop approach to financial planning and portfolio management. By helping clients articulate their goals, understand their current financial position, and develop tailored strategies, I aim to simplify complexity. This helps ensure that clients always know where they stand and what steps to take next, regardless of market fluctuations or life changes.
My journey in finance began right after college in 2013 at Bank of America in Bellevue, WA. In 2015, I transitioned to Wealth Management at Merrill Lynch, where I honed my skills for 2.5 years before joining Morgan Stanley in the summer of 2017. Since then, I have been committed to working with clients to build comprehensive financial plans that serve as the foundation of our relationship. I believe that a well-crafted financial plan is our roadmap to creating a tailored portfolio that meets each client's unique needs.
I hold the designations of Financial Planning Specialist (FPS) and Chartered Retirement Planning Counselor (CRPC), which equip me with the experience to provide in-depth financial planning, portfolio management, and market analysis.
Originally from outside Portland, OR, I graduated from Gonzaga University in 2013 with a double concentration in finance and marketing. My wife and I have a young daughter, and we cherish our time together outside of work. We lead active lifestyles, enjoying hiking and exercising, and are passionate foodies who love exploring new restaurants around Portland. I am also an avid fan of the Seahawks football team and Gonzaga Bulldog basketball.
In addition to my professional pursuits, I am actively involved in community service and volunteer work, contributing to the well-being of our local community.
My journey in finance began right after college in 2013 at Bank of America in Bellevue, WA. In 2015, I transitioned to Wealth Management at Merrill Lynch, where I honed my skills for 2.5 years before joining Morgan Stanley in the summer of 2017. Since then, I have been committed to working with clients to build comprehensive financial plans that serve as the foundation of our relationship. I believe that a well-crafted financial plan is our roadmap to creating a tailored portfolio that meets each client's unique needs.
I hold the designations of Financial Planning Specialist (FPS) and Chartered Retirement Planning Counselor (CRPC), which equip me with the experience to provide in-depth financial planning, portfolio management, and market analysis.
Originally from outside Portland, OR, I graduated from Gonzaga University in 2013 with a double concentration in finance and marketing. My wife and I have a young daughter, and we cherish our time together outside of work. We lead active lifestyles, enjoying hiking and exercising, and are passionate foodies who love exploring new restaurants around Portland. I am also an avid fan of the Seahawks football team and Gonzaga Bulldog basketball.
In addition to my professional pursuits, I am actively involved in community service and volunteer work, contributing to the well-being of our local community.
Securities Agent: ID, IN, OH, FL, WA, PA, OR, LA, TX, MN, CT, CO, AK, MD, NY, NV, HI, AZ, VA, GA, CA, MT, WY, MI, IL, IA, NJ; General Securities Representative; Investment Advisor Representative
NMLS#: 2410627
NMLS#: 2410627
About Susan Love
I oversee the day-to-day administrative and operational tasks for the Schmidt Mogseth Group. In addition to working with Ken, Tomie, and Chase, my responsibilities also include focusing on the firm’s administrative systems. I have lived in the Pacific Northwest for most of my life. I have been working in the finance industry since 1999. My career began as a US
Bank employee with Investment Operations. After US Bank merged with a mid-west bank, I went to work for Dain Rauscher which later became RBC Wealth Management. I was at RBC until 2017 when I joined Morgan Stanley.
I currently have over 20 years of industry experience and hold the Series 7 and 66 security licenses. In my free time, I enjoy reading, learning new languages, knitting, spinning, weaving and all things fiber related. I also enjoy working with the youth in the winter drama productions at my church.
Bank employee with Investment Operations. After US Bank merged with a mid-west bank, I went to work for Dain Rauscher which later became RBC Wealth Management. I was at RBC until 2017 when I joined Morgan Stanley.
I currently have over 20 years of industry experience and hold the Series 7 and 66 security licenses. In my free time, I enjoy reading, learning new languages, knitting, spinning, weaving and all things fiber related. I also enjoy working with the youth in the winter drama productions at my church.
About Lauren Larsen
Lauren has always been proud to call the Pacific Northwest her home, specifically Wilsonville, Oregon. Growing up, she spent most of her time outside engaging in many different activities—from playing basketball and running track & field to hiking mountains in the Cascades. To this day, many of her favorite hobbies—hiking, running, photography, traveling, and camping— involve being connected with nature. Lauren also notes that she loves animals—so much so, that she has six very spoiled pets at home (three dogs and three cats).
Lauren attended Oregon State University and graduated summa cum laude with degrees in both finance and marketing. Motivated by her intense desire to learn, she continuously goes above and beyond what is expected of her. Lauren’s attention to detail, passion for helping others, and commitment to providing the highest level of service has helped her build successful and long-lasting relationships. She also does extremely well under pressure, maintaining a positive attitude in even the most difficult and challenging environments. While she pursues her long-term career goals of becoming a financial advisor, Lauren is thrilled to have the opportunity to contribute to her team’s success and build a career at Morgan Stanley.
Lauren attended Oregon State University and graduated summa cum laude with degrees in both finance and marketing. Motivated by her intense desire to learn, she continuously goes above and beyond what is expected of her. Lauren’s attention to detail, passion for helping others, and commitment to providing the highest level of service has helped her build successful and long-lasting relationships. She also does extremely well under pressure, maintaining a positive attitude in even the most difficult and challenging environments. While she pursues her long-term career goals of becoming a financial advisor, Lauren is thrilled to have the opportunity to contribute to her team’s success and build a career at Morgan Stanley.
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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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A Simple Six-Step Retirement Checkup
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Iran Conflict: Seven Takeaways for Investors
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529 Plans: A Powerful Tool to Save for Education
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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.
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Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
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- Set themselves apart by offering comprehensive financial wellness benefits.
Ready to start a conversation? Contact The Schmidt Mogseth Group today.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
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.
5An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
6Morgan 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.
7Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
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.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures | Morgan Stanley
Please read the important disclosures below.
1) Morgan Stanley Wealth Management secured Money Management Institute/Barron’s Industry Awards for Wealth Manager Platform of the Year. The Wealth Manager Platform of the Year category recognizes a wealth manager platform that exemplifies innovation in delivering better outcomes for investors and Financial Advisors. This award has been secured in 2024, 2021, 2020, 2019 & 2018. The winners were selected by a specially appointed MMI Industry Awards Steering Council. The Steering Council consists of representatives from all segments of the MMI membership. After carefully reviewing the nominations submitted, the Steering Council determined a slate of finalists in each award category. The primary contacts at each of MMI’s 207 member firms were eligible to vote to determine the winners. Nominations were reviewed and evaluated to determine finalists June 2024 - July 2024. Finalists were voted on to determine a winner August 2024. MMI/Barron’s does not receive compensation from the participating firms in exchange for the award and Morgan Stanley did not pay a fee to MMI/Barron’s in exchange for its receipt of the award. Morgan Stanley is a member of MMI and pays a fee to MMI as part of its membership dues. Morgan Stanley’s receipt of this award is not indicative of any future performance. These awards were granted to Morgan Stanley based on the time period from October 2023 to June 2024. There were 6 firms considered for the Wealth Management Platform of the Year Award and 12 firms considered for the Distribution Excellence Award. The Money Management Institute (MMI) is the industry association representing financial services firms and Barron’s is a financial magazine; both groups are responsible for the award. Accolade qualifications for past years may vary; additional information available upon request.
2) Industry’s top tax-optimization technology refers to tax management capabilities developed by Eaton Vance and Parametric, affiliates of Morgan Stanley. Morgan Stanley is a leading provider of direct indexing strategies. According to Cerulli Associates’ Q1 2026 Managed Account Edition, Morgan Stanley ranked first among 15 firms in Direct Index SMA assets under management based on reported industry assets. The ranking reflects scale of assets and does not evaluate tax outcomes, performance, or quality of technology. Tax outcomes will vary and are not guaranteed.
3) The Celent Model Wealth Manager 2025 Awards for Data and Analytics and Essential and Emerging Technologies were granted to Morgan Stanley following an evaluation process conducted by Celent analysts. To be considered for this award, Morgan Stanley submitted Model Wealth Manager 2025 Nomination Award Worksheets to Celent on or about January 30, 2025. Celent judged each submission on three criteria: (1) Measurable business benefits of live initiatives; (2) degree of innovation relative to the industry; and (3) technology or implementation excellence. In order to win, the initiatives must demonstrate clear business benefits, innovation, and technology or implementation excellence. Celent does not receive compensation from the participating firms in exchange for the award and Morgan Stanley did not pay a fee to Celent in exchange for the award. Morgan Stanley is not affiliated with Celent. Based on their submission on January 30, 2025 for Celent’s 2025 Model Awards program, Celent granted Morgan Stanley their awards in June, 2025 and publicly shared the news in June, 2025. Celent is a global financial services research and advisory firm and is responsible for determining the recipient of this award.
4) Q4 2025 Securities Based Lending McLagan Survey – 6 Firm Report. Based on both Non-Purpose Lending and total SBL balances. Borrowing against securities may not be appropriate for everyone. Clients must be aware that there are risks associated with a securities based loan, including possible maintenance calls on short notice, and that market conditions can magnify any potential for loss.
Not all products, tools, platforms, and services referenced are available to all clients. Please speak with your Financial Advisor for eligibility criteria.
Investing in securities involves risk, including possible loss of principal. Diversification does not guarantee a profit or protect against loss in a declining financial market.
Morgan 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.
Alternative investments are often speculative and include a high degree of risk. Investors can lose all or a substantial amount of their investment. They may be highly illiquid, can engage in leverage, short-selling and other speculative practices that may increase volatility and the risk of loss, and may be subject to large investment minimums and initial lock-ups. They may involve complex tax structures, tax inefficient investing and delays in distributing important tax information. They may have higher fees and expenses that traditional investments, and such fees and expenses can lower the returns achieved by investors.
Cash management and lending products and services are provided by Morgan Stanley Smith Barney LLC, Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A, as applicable.
Borrowing against securities may not be appropriate for everyone. Clients must be aware that there are risks associated with a securities based loan, including possible maintenance calls on short notice, and that market conditions can magnify any potential for loss. For details please see the important disclosures below.
Important Risk Information for Securities Based Lending: Clients must be aware that: (1) Sufficient collateral must be maintained to support the loan and to take future advances; (2) Clients may have to deposit additional cash or eligible securities on short notice; (3) Some or all of the pledged securities may be sold without prior notice in order to maintain account equity at required collateral maintenance levels. Clients will not be entitled to choose the securities that will be sold. These actions may interrupt long-term investment strategy and may result in adverse tax consequences or in additional fees being assessed; (4) Morgan Stanley Bank, N.A., Morgan Stanley Private Bank, National Association or Morgan Stanley Smith Barney LLC (collectively referred to as "Morgan Stanley") reserve the right not to fund any advance request due to insufficient collateral or for any other reason except for any portion of a securities based loan that is identified as a committed facility; (5) Morgan Stanley reserves the right to increase the collateral maintenance requirements at any time without notice; and (6) Morgan Stanley reserves the right to call securities based loans at any time and for any reason.
With the exception of a margin loan, the proceeds from securities based loan products may not be used to purchase, trade, or carry margin stock (or securities, with respect to Express CreditLine); repay margin debt that was used to purchase, trade or carry margin stock (or securities, with respect to Express CreditLine); and cannot be deposited into a Morgan Stanley Smith Barney LLC or other brokerage account.
To be eligible for a securities based loan, a client must have a brokerage account at Morgan Stanley Smith Barney LLC that contains eligible securities, which shall serve as collateral for the securities based loan.
Securities based loans are provided by Morgan Stanley Smith Barney LLC, Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A, as applicable.
There is no guarantee that tax-loss harvesting will achieve any particular tax result. Clients may elect Tax Management Services for the account by notifying their Financial Advisor, and indicate what Maximum Tax or Realized Capital Gain Instruction is desired for the account, if any. The Tax Management Services Terms and Conditions attached to the Morgan Stanley Smith Barney LLC Select UMA ADV brochure as Exhibit A will govern Tax Management Services in the account. Review the Morgan Stanley Smith Barney LLC Select UMA ADV brochure carefully with your tax advisor.
Industry acclaimed risk platform refers to Morgan Stanley Smith Barney LLC’s (“Morgan Stanley”) Portfolio Risk Platform. The assumptions used in the Report incorporate portfolio risk and scenario analysis employed by BlackRock Solutions (“BRS”), a financial technology and risk analytics provider that is independent of Morgan Stanley. BRS’ role is limited to providing risk analytics to Morgan Stanley, and BRS is not acting as a broker-dealer or investment adviser nor does it provide investment advice with respect to the Report. Morgan Stanley has validated and adopted the analytical conclusions of these risk models. The analysis provided is illustrative only. Morgan Stanley cannot predict a portfolio’s risk of loss due to, among other things, changing market conditions or other unanticipated circumstances. The analysis is based purely on assumptions made using available data and any of its forecasts are subject to change.
The footnotes below apply to the industry-leading claims referenced above. More information is available upon request.
Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Securities based loans are provided by Morgan Stanley Smith Barney LLC, Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A, as applicable.
Investment, Insurance and annuity products offered through Morgan Stanley Smith Barney LLC are NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
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 visit us at www.morganstanley.com/wealth or consult with your Morgan Stanley Financial Advisor to read about those differences.
The sole purpose of this material is to inform, and it in no way is intended to be an offer or solicitation to purchase or sell any security, other investment service, or to attract any funds or deposits. Investments mentioned may not be appropriate for all clients. Before making any investment, each investor should carefully consider the risks associated with the investment, as discussed in the applicable offering memorandum and make a determination based on their own particular circumstances that the investment is consistent with their investment objectives and risk tolerance.
© 2026 Morgan Stanley Smith Barney LLC. Member SIPC.
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
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.
5An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
6Morgan 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.
7Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
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.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures | Morgan Stanley
Please read the important disclosures below.
1) Morgan Stanley Wealth Management secured Money Management Institute/Barron’s Industry Awards for Wealth Manager Platform of the Year. The Wealth Manager Platform of the Year category recognizes a wealth manager platform that exemplifies innovation in delivering better outcomes for investors and Financial Advisors. This award has been secured in 2024, 2021, 2020, 2019 & 2018. The winners were selected by a specially appointed MMI Industry Awards Steering Council. The Steering Council consists of representatives from all segments of the MMI membership. After carefully reviewing the nominations submitted, the Steering Council determined a slate of finalists in each award category. The primary contacts at each of MMI’s 207 member firms were eligible to vote to determine the winners. Nominations were reviewed and evaluated to determine finalists June 2024 - July 2024. Finalists were voted on to determine a winner August 2024. MMI/Barron’s does not receive compensation from the participating firms in exchange for the award and Morgan Stanley did not pay a fee to MMI/Barron’s in exchange for its receipt of the award. Morgan Stanley is a member of MMI and pays a fee to MMI as part of its membership dues. Morgan Stanley’s receipt of this award is not indicative of any future performance. These awards were granted to Morgan Stanley based on the time period from October 2023 to June 2024. There were 6 firms considered for the Wealth Management Platform of the Year Award and 12 firms considered for the Distribution Excellence Award. The Money Management Institute (MMI) is the industry association representing financial services firms and Barron’s is a financial magazine; both groups are responsible for the award. Accolade qualifications for past years may vary; additional information available upon request.
2) Industry’s top tax-optimization technology refers to tax management capabilities developed by Eaton Vance and Parametric, affiliates of Morgan Stanley. Morgan Stanley is a leading provider of direct indexing strategies. According to Cerulli Associates’ Q1 2026 Managed Account Edition, Morgan Stanley ranked first among 15 firms in Direct Index SMA assets under management based on reported industry assets. The ranking reflects scale of assets and does not evaluate tax outcomes, performance, or quality of technology. Tax outcomes will vary and are not guaranteed.
3) The Celent Model Wealth Manager 2025 Awards for Data and Analytics and Essential and Emerging Technologies were granted to Morgan Stanley following an evaluation process conducted by Celent analysts. To be considered for this award, Morgan Stanley submitted Model Wealth Manager 2025 Nomination Award Worksheets to Celent on or about January 30, 2025. Celent judged each submission on three criteria: (1) Measurable business benefits of live initiatives; (2) degree of innovation relative to the industry; and (3) technology or implementation excellence. In order to win, the initiatives must demonstrate clear business benefits, innovation, and technology or implementation excellence. Celent does not receive compensation from the participating firms in exchange for the award and Morgan Stanley did not pay a fee to Celent in exchange for the award. Morgan Stanley is not affiliated with Celent. Based on their submission on January 30, 2025 for Celent’s 2025 Model Awards program, Celent granted Morgan Stanley their awards in June, 2025 and publicly shared the news in June, 2025. Celent is a global financial services research and advisory firm and is responsible for determining the recipient of this award.
4) Q4 2025 Securities Based Lending McLagan Survey – 6 Firm Report. Based on both Non-Purpose Lending and total SBL balances. Borrowing against securities may not be appropriate for everyone. Clients must be aware that there are risks associated with a securities based loan, including possible maintenance calls on short notice, and that market conditions can magnify any potential for loss.
Not all products, tools, platforms, and services referenced are available to all clients. Please speak with your Financial Advisor for eligibility criteria.
Investing in securities involves risk, including possible loss of principal. Diversification does not guarantee a profit or protect against loss in a declining financial market.
Morgan 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.
Alternative investments are often speculative and include a high degree of risk. Investors can lose all or a substantial amount of their investment. They may be highly illiquid, can engage in leverage, short-selling and other speculative practices that may increase volatility and the risk of loss, and may be subject to large investment minimums and initial lock-ups. They may involve complex tax structures, tax inefficient investing and delays in distributing important tax information. They may have higher fees and expenses that traditional investments, and such fees and expenses can lower the returns achieved by investors.
Cash management and lending products and services are provided by Morgan Stanley Smith Barney LLC, Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A, as applicable.
Borrowing against securities may not be appropriate for everyone. Clients must be aware that there are risks associated with a securities based loan, including possible maintenance calls on short notice, and that market conditions can magnify any potential for loss. For details please see the important disclosures below.
Important Risk Information for Securities Based Lending: Clients must be aware that: (1) Sufficient collateral must be maintained to support the loan and to take future advances; (2) Clients may have to deposit additional cash or eligible securities on short notice; (3) Some or all of the pledged securities may be sold without prior notice in order to maintain account equity at required collateral maintenance levels. Clients will not be entitled to choose the securities that will be sold. These actions may interrupt long-term investment strategy and may result in adverse tax consequences or in additional fees being assessed; (4) Morgan Stanley Bank, N.A., Morgan Stanley Private Bank, National Association or Morgan Stanley Smith Barney LLC (collectively referred to as "Morgan Stanley") reserve the right not to fund any advance request due to insufficient collateral or for any other reason except for any portion of a securities based loan that is identified as a committed facility; (5) Morgan Stanley reserves the right to increase the collateral maintenance requirements at any time without notice; and (6) Morgan Stanley reserves the right to call securities based loans at any time and for any reason.
With the exception of a margin loan, the proceeds from securities based loan products may not be used to purchase, trade, or carry margin stock (or securities, with respect to Express CreditLine); repay margin debt that was used to purchase, trade or carry margin stock (or securities, with respect to Express CreditLine); and cannot be deposited into a Morgan Stanley Smith Barney LLC or other brokerage account.
To be eligible for a securities based loan, a client must have a brokerage account at Morgan Stanley Smith Barney LLC that contains eligible securities, which shall serve as collateral for the securities based loan.
Securities based loans are provided by Morgan Stanley Smith Barney LLC, Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A, as applicable.
There is no guarantee that tax-loss harvesting will achieve any particular tax result. Clients may elect Tax Management Services for the account by notifying their Financial Advisor, and indicate what Maximum Tax or Realized Capital Gain Instruction is desired for the account, if any. The Tax Management Services Terms and Conditions attached to the Morgan Stanley Smith Barney LLC Select UMA ADV brochure as Exhibit A will govern Tax Management Services in the account. Review the Morgan Stanley Smith Barney LLC Select UMA ADV brochure carefully with your tax advisor.
Industry acclaimed risk platform refers to Morgan Stanley Smith Barney LLC’s (“Morgan Stanley”) Portfolio Risk Platform. The assumptions used in the Report incorporate portfolio risk and scenario analysis employed by BlackRock Solutions (“BRS”), a financial technology and risk analytics provider that is independent of Morgan Stanley. BRS’ role is limited to providing risk analytics to Morgan Stanley, and BRS is not acting as a broker-dealer or investment adviser nor does it provide investment advice with respect to the Report. Morgan Stanley has validated and adopted the analytical conclusions of these risk models. The analysis provided is illustrative only. Morgan Stanley cannot predict a portfolio’s risk of loss due to, among other things, changing market conditions or other unanticipated circumstances. The analysis is based purely on assumptions made using available data and any of its forecasts are subject to change.
The footnotes below apply to the industry-leading claims referenced above. More information is available upon request.
Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Securities based loans are provided by Morgan Stanley Smith Barney LLC, Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A, as applicable.
Investment, Insurance and annuity products offered through Morgan Stanley Smith Barney LLC are NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
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 visit us at www.morganstanley.com/wealth or consult with your Morgan Stanley Financial Advisor to read about those differences.
The sole purpose of this material is to inform, and it in no way is intended to be an offer or solicitation to purchase or sell any security, other investment service, or to attract any funds or deposits. Investments mentioned may not be appropriate for all clients. Before making any investment, each investor should carefully consider the risks associated with the investment, as discussed in the applicable offering memorandum and make a determination based on their own particular circumstances that the investment is consistent with their investment objectives and risk tolerance.
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CRC 4665150 (8/2025), 5378280 (5/2026)
