Senior Vice President, Wealth Management, Financial Advisor, Senior Portfolio Manager, Branch Manager, Financial Planning Specialist
Phone:
(732) 505-4735(732) 505-4735
The Parkway South Group at Morgan Stanley
Our Mission Statement
We are dedicated to helping you grow your assets, protect your lifestyle and pursue the life you love.
Our Story and Services
The Parkway South Group is a financial advisory practice with multiple CERTIFIED FINANCIAL PLANNER™ (CFP®) practitioners and a combined over 100 years of experience in the financial services industry. Our group primarily works with individuals, families, professionals, and business owners providing comprehensive wealth management solutions.
We work with our clients to help deliver a personalized roadmap designed to meet life's critical financial events, both planned and unexpected. We understand the importance of protecting all you have built by creating appropriate strategies that address liquidity, longevity, and legacy planning. We seek to provide sound advice and guidance that give our clients greater confidence to pursue their goals, no matter how uncertain the environment.
Though our clients often choose us for our comprehensive wealth management advice, we take a much more expansive view of our role. In addition to your total financial picture, we are dedicated to obtaining the best possible understanding of you, your family, your business, and your personal priorities.
We care about our clients. We care about their well-being, and we are personally committed to their success.
We work with our clients to help deliver a personalized roadmap designed to meet life's critical financial events, both planned and unexpected. We understand the importance of protecting all you have built by creating appropriate strategies that address liquidity, longevity, and legacy planning. We seek to provide sound advice and guidance that give our clients greater confidence to pursue their goals, no matter how uncertain the environment.
Though our clients often choose us for our comprehensive wealth management advice, we take a much more expansive view of our role. In addition to your total financial picture, we are dedicated to obtaining the best possible understanding of you, your family, your business, and your personal priorities.
We care about our clients. We care about their well-being, and we are personally committed to their success.
Services Include
- Wealth ManagementFootnote1
- Asset Management
- Financial PlanningFootnote2
- Retirement PlanningFootnote3
- Planning for Education FundingFootnote4
- Estate Planning StrategiesFootnote5
- Cash Management and Lending ProductsFootnote6
- 401(k) Rollovers
- Professional Portfolio ManagementFootnote7
- Planning for Individuals with Special Needs and their Families
- Certificates of DepositFootnote8
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
COMPLIMENTARY SECOND OPINION SERVICE
Exclusively for friends, family and associates of our valued clients. We’re pleased to offer you this opportunity to start a conversation.
Working with a Wealth Manager
As a client of The Parkway South Group, you may benefit from a disciplined, experienced advisory team who has a clear and comprehensive vision of wealth management.
The Parkway South Group Consultative Process
The Parkway South Group’s approach with each new client is a collaborative process. This allows us to have an open dialogue to learn about your values and goals, while working with you to create a plan to help achieve them.
Expectations
Your first meeting will be a discovery meeting where we will gain insight and understanding of your values and goals. We then conduct a comprehensive analysis of your current financial picture.
Risk Analysis
We can use Aladdin Portfolio Risk Platform to stress test your current portfolio.
Learn More HereComprehensive Financial Plan
We can develop a comprehensive financial plan using our Goals Planning System tool.
Learn More HereKNOWLEDGE & RESOURCE HUB
We believe financial education leads to better insights into our investment strategy and discipline, and ultimately, better long-term decisions. As a result, we are committed to providing you with important information about managing your wealth more effectively in today’s global markets.
We've assembled the following tools and resources that reinforce the fundamental investment strategies and concepts of our practice. Additionally, we've provided links and hope you’ll return often to learn more about the topics that can impact your wealth.
We've assembled the following tools and resources that reinforce the fundamental investment strategies and concepts of our practice. Additionally, we've provided links and hope you’ll return often to learn more about the topics that can impact your wealth.
GIC: On The Markets
Detailed market commentary from Morgan Stanley's thought leaders on topics such as global equities, fixed income, monetary policy and more.
Click Here to Learn More
GIC: Weekly
This report from Wealth Management Chief Investment Officer Lisa Shalett highlights the GIC's latest thinking on the markets.
Click Here to Learn More
Morgan Stanley's Promotional Preferred Savings Program
Make the most of your cash at a competitive rate here at Morgan Stanley.
Click Here to Learn More
CD Promotion at Morgan Stanley
Click on the link below to explore Morgan Stanley's CD Promotion, it's newest rates, and why this may be a suitable option for you.
Click Here to Learn More
Insurance Solutions
At Morgan Stanley, we offer a robust suite of insurance and annuities solutions backed by its licensed insurance agency affiliates that can aid in safeguarding you and your loved ones.
Click Here to Learn More
Morgan Stanley Private Markets (MSPM)
Private market investing enables eligible investors to access attractive companies before they are publicly available making you a part of their story. Watch this video to learn more about investing in Private Markets with Morgan Stanley and consider whether such investments might be right for you.
Watch MSPM Video
2025 Retirement Plan Contribution Limits
Take a look at the Retirement Plan Contribution Limits for 2025.
Click Here to Learn More
2025 Tax Tables
The tax decisions you make today can help you save for years to come. Access the 2025 Tax Tables now by clicking on the link below.
Click Here to Learn More
Total Tax 365
Taxes can be a substantial drag on investment returns. Morgan Stanley Total Tax 365 offers access to a broad range of tax-efficient strategies to help you integrate tax planning into your investment process all year long, maximize portfolio after-tax return potential and help keep more of what you earn.
Click Here to Learn MoreKEEPING YOU CONNECTED
Our investment strategy leverages modern wealth tools and cutting-edge technology. By providing you with the digital tools you need for today’s world of modern wealth, we can help you come one step closer to achieving your financial goals.
Morgan Stanley Online
Beyond viewing your account balance and activity, Morgan Stanley Online (MSO) has a suite of features that allow you to manage your everyday finances from paying bills and sending money to transferring funds and authorizing transactions with eAuthorizations.
View Account
Spending and Budgeting Tool
Track spending habits, categorize expenses and create budgets across your Morgan Stanley and external financial accounts with our Spending and Budgeting Tool.
Tool Access
Total Wealth View
View all your external financial accounts directly in Morgan Stanley Online or the mobile app. By linking your accounts, you’ll benefit from more informed wealth planning, secure data access and convenient connectivity.
Access Total Wealth View
Digital Vault
Digital Vault allows for easy sharing and convenient access to your most important documents from wills and deeds to financial statements and tax fillings. Easily manage your encrypted financial records all in one place.
Vault Access
eDelivery
eDelivery provides you with the ability to view statements and other documents electronically in lieu of paper. Clients who are registered in Morgan Stanley Online may enroll in eDelivery.
Enroll in eDelivery
Goals Planning System
Our Goals Planning System is built on Morgan Stanley's intellectual capital and capabilities, to provide our clients with comprehensive investing and planning solutions for their individual goals.
Learn More
Morgan Stanley Mobile App
Securely access your Morgan Stanley account from virtually anywhere. Simply download it on your mobile device and use your Morgan Stanley Online username and password to log in. From there you will have a resource of MSO on the go.
Learn More
Cash Plus
Enjoy unlimited ATM fee rebates worldwide with the Morgan Stanley Debit Card, along with no foreign transaction fees, no cash advance fees, unlimited checkwriting, and more.
Learn More
E-Sign
E-Sign is a digital, paperless alternative to the traditional means of obtaining signatures from clients on paperwork. There is no registration process for you to begin using E-Sign - all you need is a valid email address and phone number.
Learn More
E-Authorization
E-Authorizations allows you to approve transactions electronically and securely on Morgan Stanley Online and the Morgan Stanley Mobile App.
Learn MorePortfolio Management Process
Location
1433 Hooper Ave
Toms River, NJ 08753
US
Direct:
(732) 505-4739(732) 505-4739
Meet The Parkway South Group
Vice President, Wealth Management, Financial Advisor, Financial Planning Specialist, Chartered Retirement Planning Counselor
Phone:
(732) 505-4760(732) 505-4760
Phone:
(732) 505-4759(732) 505-4759
Aggie Kolbusz
Registered Senior Client Service Associate
Phone:
(732) 505-4739(732) 505-4739
Luella Peragino
Registered Client Service Associate
Phone:
(732) 505-4756(732) 505-4756
About Alberico M. Sessa
Al has more than 30 years of experience providing wealth management advice and guidance to clients. Al began his career in wealth management after graduating from the University of Maryland with a B.S. in Consumer Economics. Al holds the title of Senior Vice President – Wealth Management and Branch Manager. He also earned the Certified Financial Planner™ certification awarded by the Certified Financial Planner Board of Standards, Inc. (CFP®) and is a Senior Portfolio Manager in the Morgan Stanley Portfolio Management Program. Al joined Morgan Stanley in Toms River, NJ after spending 11 years at UBS and the prior 20 years at Merrill Lynch.
Al focuses on implementing wealth management strategies with an emphasis on generating retirement income and constructing investment portfolios designed to reduce risk and maximize return. He has extensive experience in asset and liability management, tax management, income and asset preservation, retirement asset accumulation and distribution, education planning, securities-based lending, and wealth transfer strategies. Over the years, Al has continued to help clients achieve their goals of creating, growing, preserving, and transferring wealth which has allowed him to build long term relationships with clients. Al leads a dedicated team of professionals working to ensure you receive the highest quality service and attention.
Al and his wife, Jami, have three daughters and reside in Colts Neck, NJ. Al enjoys spending time with family and friends and has stayed an avid athlete over the years. Al still plays basketball, flag football, golf, pickleball, and skis. Al volunteers and supports several charities including The Tone Foundation(Lavallette, NJ) and The Marine Corps – Law Enforcement Foundation.
Al focuses on implementing wealth management strategies with an emphasis on generating retirement income and constructing investment portfolios designed to reduce risk and maximize return. He has extensive experience in asset and liability management, tax management, income and asset preservation, retirement asset accumulation and distribution, education planning, securities-based lending, and wealth transfer strategies. Over the years, Al has continued to help clients achieve their goals of creating, growing, preserving, and transferring wealth which has allowed him to build long term relationships with clients. Al leads a dedicated team of professionals working to ensure you receive the highest quality service and attention.
Al and his wife, Jami, have three daughters and reside in Colts Neck, NJ. Al enjoys spending time with family and friends and has stayed an avid athlete over the years. Al still plays basketball, flag football, golf, pickleball, and skis. Al volunteers and supports several charities including The Tone Foundation(Lavallette, NJ) and The Marine Corps – Law Enforcement Foundation.
Securities Agent: VI, WA, WI, WV, WY, ND, NE, AK, AR, DC, HI, IA, ID, IN, KY, LA, ME, MI, MS, AL, AZ, CA, CO, CT, DE, FL, GA, IL, KS, MA, MD, MN, MO, NC, NH, NJ, NV, NY, OH, OR, PA, PR, SC, TN, TX, UT, VA, VT, MT, NM, OK, RI, SD; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 45526
NMLS#: 45526
About Me
Mike began his career in wealth management after graduating from Bucknell University with a dual major in Economics and History in 2003. Mike holds the title of Vice President - Wealth Management. He also earned the Certified Financial Planner™ certification awarded by the Certified Financial Planner Board of Standards, Inc. (CFP®) and the Chartered Retirement Planning Counselor® designation. Mike has been providing financial planning and investment advice for over 18 years as a member of The Parkway South Wealth Management Group.
Mike utilizes a planning-based approach that is tailored to each client's individual needs. He focuses on creating financial plans and investment portfolios that focus on retirement and the generation of income in retirement. Asset allocation and proper asset diversification are the cornerstones of Mike's approach to reduce risk and maximize returns.
Mike and his wife, Nicole, met at Bucknell University where they rowed together on the crew team. They still enjoy an active lifestyle with interests in running, power lifting, and skiing. They also both share a passion for saltwater fish. They maintain a saltwater reef system in their home and have participated in several conservation and marine breeding endeavors.
Asset Allocation and diversification does not assure a profit or protect against loss in declining financial markets.
Mike utilizes a planning-based approach that is tailored to each client's individual needs. He focuses on creating financial plans and investment portfolios that focus on retirement and the generation of income in retirement. Asset allocation and proper asset diversification are the cornerstones of Mike's approach to reduce risk and maximize returns.
Mike and his wife, Nicole, met at Bucknell University where they rowed together on the crew team. They still enjoy an active lifestyle with interests in running, power lifting, and skiing. They also both share a passion for saltwater fish. They maintain a saltwater reef system in their home and have participated in several conservation and marine breeding endeavors.
Asset Allocation and diversification does not assure a profit or protect against loss in declining financial markets.
Securities Agent: NV, MO, MD, CT, CA, GA, VA, UT, FL, OH, NC, MA, TX, PR, NH, NJ, KS, ME, DC, SC, PA, NM, MN, IL, DE, AL, TN, NY, CO, WA, VT, AZ, OR; General Securities Representative; Investment Advisor Representative
NMLS#: 577484
NMLS#: 577484
About Me
Fred Cordisco has been in the Financial Industry for 30 years.
As your Financial Advisor, Fred, along with his team can discuss and plan how to reach all your financial needs by delivering a wide range of investments options that meet with your expectations and goals for you and your family.
Fred utilizes a planning process with access to some of the worlds most respected and successful investment professionals, with premier trading and execution platforms and a full spectrum of investment choices.
Fred and his team’s success has been based on their high level of service and contact with building strong relationships with all their clients.
As your Financial Advisor, Fred, along with his team can discuss and plan how to reach all your financial needs by delivering a wide range of investments options that meet with your expectations and goals for you and your family.
Fred utilizes a planning process with access to some of the worlds most respected and successful investment professionals, with premier trading and execution platforms and a full spectrum of investment choices.
Fred and his team’s success has been based on their high level of service and contact with building strong relationships with all their clients.
Securities Agent: AK, TN, PA, FL, DC, OH, NY, NC, CO, WI, TX, MD, DE, AR, MO, SC, OR, MA, CT, CA, MT, GA, AZ, VA, ME, VT, NH, NM, PR, NV, LA, IL, WY, NJ, HI, AL; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 644486
NMLS#: 644486
About Aggie Kolbusz
Aggie Kolbusz is a graduate of Greensboro College with a Bachelor of Science degree in Business Management. Aggie has been with the Parkway South Wealth Management Group since 2002. She manages client relationships, provides administrative support, and assists in all aspects of our client's financial needs on a daily basis.
Aggie enjoys spending time outdoors with her family riding bikes, hiking, camping, and skiing during the winter months. She and her family also like to travel and when she's not busy taking care of her two energetic boys she likes to work out and read.
Aggie enjoys spending time outdoors with her family riding bikes, hiking, camping, and skiing during the winter months. She and her family also like to travel and when she's not busy taking care of her two energetic boys she likes to work out and read.
About Luella Peragino
Luella Peragino started working in the brokerage business over 35 years ago at EF Hutton. She has her series 7, 63 and 65 registrations. When not working Luella enjoys reading, gardening, baking, cooking, crocheting, and taking long walks with her four-legged friend, Grazie. Luella has 2 children and currently lives in Greenville SC with her daughter Annemarie.
Contact Alberico M. Sessa
Contact Michael Andrieu
Contact Frederick J. Cordisco
Wealth Management
Global Investment Office
Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Ready to start a conversation? Contact The Parkway South 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 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
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.
4When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
5Morgan 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.
6Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
7Morgan 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.
8Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards 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 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
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.
4When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
5Morgan 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.
6Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
7Morgan 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.
8Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards 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)
