Skip Sizemore
Executive Director, Wealth Advisor, Alternative Investments Director, Portfolio Management Director
Phone:
(919) 571-6195(919) 571-6195
The Sizemore Group at Morgan Stanley
Skip SizemoreF. Bennett Dunn III, CIMA®Shelley Bennett, CFP®, CIMA®, C(k)P®Mary C Wright, CFP®Jillian Walker, CFP®, CRPS®, QPFC
Direct:
(919) 571-6160(919) 571-6160
Toll-Free:
(866) 811-0627(866) 811-0627
Our Mission Statement
A legacy of delivering exceptional client experiences through sophisticated counsel, innovative investment strategies, and a commitment to concierge-level service.
Our Story
Building Legacies for Over 40 Years
For more than four decades, our multi-generational team has guided affluent families across generations with a proactive, client-centered approach. We are proud of the long-standing relationships we've built and the trust our clients place in us.
Tailored Wealth Management & Commitment to Excellence
We construct personalized portfolios aligned with your goals, emphasizing legacy planning, taxes, and risk mitigation. Our innovative, endowment model-influenced approach incorporates diverse asset classes to potentially enhance returns while mitigating risk. Our service revolves around three core principles: Innovation, Impact, and Integrity. We continuously explore new ways to serve you and our community with impactful and seamless solutions, putting our clients first in everything we do.
A Legacy of Trust & Alternative Investments
We design personalized investment strategies aligned with your unique goals, with a focus on legacy planning, tax efficiency, and risk management. Our endowment-style, model-influenced approach incorporates a broad range of asset classes to thoughtfully balance opportunity and risk. Everything we do is grounded in our core principles of innovation, impact, and integrity, allowing us to deliver seamless, forward-thinking solutions while always putting our clients first.
Ready to build your financial future? Contact us today to schedule a consultation.
Established in 1983, we have successfully navigated multiple market cycles and evolving economic environments. We believe in balancing time-tested investment strategies with forward-looking solutions to help safeguard your financial future. With more than two decades of experience integrating alternative investments into client portfolios, we offer a comprehensive and disciplined approach to wealth management.
Services Include
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Investing In Our Community
The Sizemore Group at Morgan Stanley is committed to making a positive impact in the communities we serve. We believe in partnering with organizations that share our values and dedication to building a brighter future.
Supporting Health & Wellness
- American Heart Association
- ALS Foundation
- House of Hope
- Girls on the Run
Nurturing Young Minds
- Big Brothers Big Sisters of the Triangle
- Friends of St. David's School
- St. Mary's School
- University of Colorado – Leeds Professional Mentoring Program
- Jeffreys Grove Elementary School
Promoting Arts & Culture
- Carolina Ballet
- North Carolina Symphony
- The North Carolina Museum of Art Foundation
- NCMA Art In Bloom Annual Sponsor
Building a Stronger Community
- Dunn Chamber of Commerce
- NC Council for Entrepreneurial Development
- Wake County Estate Planning Council
- Erwin Lions Club
- Kiwanis Club of Raleigh
- Wake Relief
- The Green Chair Project
- Logan's Plant-A-Row
- Family Promise of Wake County
- The SHIP Community Outreach
- Children's Flight of Hope
- American Cancer Society
- Wolfpack Club
- Wake Tech IGNITE
- Good Shepherd Lutheran Church
Digital Tools
Our comprehensive suite of digital tools are designed to help enhance various aspects of your financial life. Here are a few of the programs and technologies we have to offer our clients:
Wealth Management Redefined, an Award-Winning Client Experience
Our clients place the utmost trust in us to build, preserve and manage their wealth—it’s at the foundation of everything we do. Morgan Stanley Wealth Management offers a leading suite of capabilities designed to power the enduring financial success of our clients—wherever they are in their financial journey. The Morgan Stanley advantage has never been clearer.
Learn More
The Basics of Estate Planning
Elder care may be a complicated, emotional process but being informed and having a clear plan that prioritizes the desires and preferences of the aging individual is the first step to success. Who will make financial decisions for me? To whom will my assets pass and how? Who will care for my minor children? Watch this video and learn more about the Basics of Estate Planning.
Read More
Total Wealth View
Complete your financial picture with Total Wealth View. By linking your account information, you will benefit from more informed wealth planning, more secure data access, and convenient connectivity.
Learn More About Total Wealth View
LifeView
LifeView is a suite of planning tools that includes goal-specific analysis that Financial Advisors can use with clients to create a realistic, holistic strategy that integrates the various aspects of an individual’s financial life, including investments and cash management needs.
Learn More About LifeView
Morgan Stanley Online
Seamlessly and securely manage your investments and everyday finances in one place with Morgan Stanley Online (MSO) and the Morgan Stanley Mobile App.
Learn More About MSO
Digital Vault
Digital Vault lets you easily manage and share your important documents, such as wills, deeds and estate plans, as well as financial statements and tax filings. All files are scanned for viruses and malware and are encrypted while transferred and stored. Access is limited to you and anyone you designate.
Get Started Today
Morgan Stanley Reserved
MS Reserved is a complimentary loyalty program available to Morgan Stanley Clients with a minimum of $1M in AUM. As a reserved member, clients will have access to exclusive partner offers and discounts, as well as thought leadership content and a variety of lifestyle and personal finance topics.
Learn More About MS Reserved
Morgan Stanley Signature Access
Signature Access, the highest tier of Morgan Stanley's loyalty program Reserved Living & Giving, gives clients with $10 million or more in assets at the firm access to world class services such as Private Health Advisory, Personal Cybersecurity services, Aircraft Management and more all in addition to the discounts and content available through Reserved Living & Giving.
Signature Access Log-in
eDelivery
Sign up for eDelivery today and start receiving email notifications as soon as your account documents are available on Morgan Stanley Online or the Morgan Stanley Mobile App. It's quick, convenient & secure.
Enroll Today
Portfolio Risk Platform
Our Portfolio Risk Platform, backed by institutional-caliber analytics, assesses thousands of risk factors using a holdings-based approach to assess a portfolio’s exposures, analyze how securities behave together across portfolios and forecast how they influence risk and return moving forward.
Portfolio Risk Platform
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, manage unrealized gains and help keep more of what you earn.
Learn More
Security Center
Learn about our latest security measures, how we are safeguarding your assets and personal information and find actionable insights and resources on important cybersecurity topics to enhance your own online security.
Visit our Security Center
Qualified Plan Financial Consultant (QPFC) - Jillian Walker
Jillian Walker recently earned the title of Qualified Plan Financial Consultant (QPFC), which is the the professional credential for financial professionals who sell, advise, market or support qualified retirement plans.
Family Wealth Director (FWD) - Bennett Dunn
Bennett Dunn recently earned the title of Family Wealth Directors (FWD), demonstrating professional knowledge and experience in a range of wealth management solutions including estate planning strategies, alternative investments, control and restricted securities, lending, hedging and monetization, and business succession planning. FWDs are also entitled to specialized access to a variety of family advisory services including, family governance and wealth education, philanthropy management and lifestyle advisory.
Certified Investment Management Analyst® (CIMA®) – Bennett Dunn, Shelley Bennett
The CIMA® is for those who would like to stand out as advanced investment consultants. As one of the premier designations in the industry, the CIMA® is an intense educational experience focusing on asset allocation, manager search and selection, investment policy and performance measurement.
Certified Financial Planner® (CFP®) – Shelley Bennett, Jillian Walker, Mary C Wright
Financial Advisors who hold the CFP® certification are recognized with excellent financial planning knowledge, as well as several years of experience related to financial planning. The Certified Financial Planner® identifies to the public that those individuals who have been authorized to use the CFP® certification marks in the U.S. have met rigorous professional standards and have agreed to adhere to ethical principles while serving clients.
Chartered Retirement Plans Specialist SM (CRPS®) – Jillian Walker
The Chartered Retirement Plans Specialist SM (CRPS®) designation is specifically targeted at professionals who design, install, and maintain retirement plans for the business community. The CRPS® enables advisors with a focus on retirement planning to gain knowledge to recommend implementation techniques, working towards formulating a well-structured and tailored retirement plan.
Certified Wealth Strategist® (CWS®) – Mary C Wright
A Certified Wealth Strategist® is prepared to help clarify goals, create a strategy to realize them, and can shape that strategy when circumstances change. Financial Advisors with this designation specialize in working with high net-worth clients.
Alternative Investments Director – Skip Sizemore, Bennett Dunn, Shelley Bennett
This designation is best suited for Financial Advisors who have significantly incorporated Alternative Investments into their practice and developed a niche focus towards strategies which implement these investments in a large portion of their practice.
Government Entity Specialist – Skip Sizemore, Bennett Dunn, Shelley Bennett
The US Government Entity business is a client segment that provides investment advisory and brokerage services to Government Entities in a complex regulatory environment. The Government Entity Specialist recognition allows designated FAs to service the needs of Government Entity (GE) clients.
Portfolio Manager (PM) – Skip Sizemore, Bennett Dunn, Mary C Wright
The Portfolio Manager (PM) title is available only to Financial Advisors who meet certain expectations, including several years of experience, a strong compliance record, suitable investment discipline and passing required exams. This title allows Financial Advisors to manage investment advisory accounts on a discretionary basis.
Insurance Planning Director (IPD) – Shelley Bennett
This recognition allows Financial Advisors to showcase expertise towards incorporating risk management solutions, such as insurance, in a Goals Based Wealth Management framework. Each year, Financial Advisors with this title must meet several insurance production requirements.
Workplace Advisor – Equity Compensation – Bennett Dunn, Shelley Bennett, Jillian Walker
This designation creates a network of Reinvestment Advisors who are reinforcing the wealth management experience with a specialty in equity compensation. Equity compensation can be an extremely valuable tool for wealth building and Workplace Advisors can help clients manage this aspect of their finances.
Executive Financial Services Director (EFSD) – Bennett Dunn
An Executive Financial Services Director (EFSD) focuses on helping corporate executives and key insiders effectively navigate the complex landscape of insider trading regulations and reporting requirements. Specifically, this title allows Financial Advisors to provide guidance on the rules and regulations concerning executives while providing the products & services offered by Morgan Stanley.
Lending Specialist (LS) – Mary C Wright
Lending Specialists (LS) have enhanced knowledge on home loans and securities-based lending to better serve their clients. The Lending Specialist designation provides Advisors with additional training and added capabilities to enhance their expertise and effectiveness in delivering the full breadth of Morgan Stanley lending offerings to clients.
Financial Planning Specialist (FPS) – Jillian Walker, Constance Thurman
This credential provides Financial Advisors with the fundamentals of wealth accumulation and wealth management for high-net-worth individuals, after extensive training and preparation to best serve these clients.
AWARD-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
3800 Glenwood Ave
Ste 500
Raleigh, NC 27612
US
Direct:
(919) 571-6160(919) 571-6160
Toll-Free:
(866) 811-0627(866) 811-0627
Meet The Sizemore Group
F. Bennett Dunn III, CIMA®
Senior Vice President, Financial Advisor, Family Wealth Director, Alternative Investments Director, Executive Financial Services Director
Phone:
(919) 788-1142(919) 788-1142
Senior Vice President, Financial Advisor, Alternative Investments Director, Corporate Retirement Director, Lending Specialist
Phone:
(919) 571-6194(919) 571-6194
Senior Vice President, Financial Advisor, Lending Specialist, Insurance Planning Director
Phone:
(720) 562-6225(720) 562-6225
Financial Advisor, Alternative Investments Director, Financial Planning Specialist
Phone:
(919) 571-6188(919) 571-6188
Nichole Griffin
Senior Registered Associate, Alternative Investment Specialist
Phone:
(919) 571-6191(919) 571-6191
Constance Thurman
Portfolio Associate, Financial Planning Specialist
Phone:
(919) 571-6173(919) 571-6173
Hayley Sizemore-Sample
Client Service Associate
Phone:
(919) 788-1152(919) 788-1152
Caroline Harper
Client Service Associate
Phone:
(919) 877-2449(919) 877-2449
Lauren Hobbs
Client Service Associate
Phone:
(919) 877-2454(919) 877-2454
About Skip Sizemore
Since 1996, Skip has dedicated his career to simplifying the financial complexities faced by high net worth and ultra-high net worth clients—enabling them to focus on their businesses, families, and philanthropic priorities. Known for developing customized strategies aligned with sophisticated wealth management objectives, Skip has built long-standing relationships grounded in trust with a select group of investors.
Skip works with individuals and multigenerational families, corporate executives, entrepreneurs, and business owners, delivering a high-touch client experience and implementing tax-aware strategies aligned with each client’s goals. His approach includes constructing diversified portfolios and, when appropriate, incorporating alternative investments to seek returns beyond traditional markets. He also helps clients address complex equity compensation and stock-related matters, including concentrated and restricted stock management, stock option analysis, tax minimization strategies, and hedging approaches.
A United States Navy veteran with six years of service, Skip is a graduate of Liberty University. He is actively involved in his community through Hope Community Church, House of Hope, Ship Outreach, and the North Carolina State Wolfpack Club. Outside of work, he enjoys outdoor activities, traveling, reading, grilling, and spending time with his wife, Erica, their three sons, and their grandchildren.
Skip works with individuals and multigenerational families, corporate executives, entrepreneurs, and business owners, delivering a high-touch client experience and implementing tax-aware strategies aligned with each client’s goals. His approach includes constructing diversified portfolios and, when appropriate, incorporating alternative investments to seek returns beyond traditional markets. He also helps clients address complex equity compensation and stock-related matters, including concentrated and restricted stock management, stock option analysis, tax minimization strategies, and hedging approaches.
A United States Navy veteran with six years of service, Skip is a graduate of Liberty University. He is actively involved in his community through Hope Community Church, House of Hope, Ship Outreach, and the North Carolina State Wolfpack Club. Outside of work, he enjoys outdoor activities, traveling, reading, grilling, and spending time with his wife, Erica, their three sons, and their grandchildren.
Securities Agent: NV, CO, RI, OH, SD, MD, AK, LA, ID, HI, CA, UT, PA, NC, MT, MN, MA, FL, AZ, AL, TX, MO, VI, SC, NM, IA, GA, DC, WI, WA, NY, NJ, IL, CT, WY, OR, MI, VA, TN, IN; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1295584
NMLS#: 1295584
About F. Bennett Dunn III
Bennett is a wealth management advisor with nearly two decades of experience serving the unique needs of ultra-high-net-worth individuals, families, and institutions. He specializes in executive compensation, tax-aware financial solutions, and risk management, providing guidance that seamlessly integrates with the advice of clients' tax and legal advisors.
Bennett earned a Bachelor of Science in Accounting from North Carolina State University and an MBA in Finance from the University of North Carolina at Chapel Hill. He began his career at Credit Suisse Private Bank in Atlanta, Georgia, where he counseled ultra-high-net-worth clients. In 2010, Bennett joined the Sizemore Group at Morgan Stanley.
Bennett holds the Certified Investment Management Analyst (CIMA®) designation, a prestigious credential awarded by the Investments and Wealth Institute. The CIMA® designation signifies advanced knowledge and experience in evaluating, selecting, and managing complex investment portfolios.
Outside of the office, Bennett is actively involved in the community, serving as a member of Christ Church, West Raleigh Baseball League, Wake County Basketball Association, Western Wake Fire and Rescue, Lacy Foundation, and the ALS Foundation. He is an avid recreational golfer, enjoys college sports, and cherishes spending time with his wife and three children.
Bennett earned a Bachelor of Science in Accounting from North Carolina State University and an MBA in Finance from the University of North Carolina at Chapel Hill. He began his career at Credit Suisse Private Bank in Atlanta, Georgia, where he counseled ultra-high-net-worth clients. In 2010, Bennett joined the Sizemore Group at Morgan Stanley.
Bennett holds the Certified Investment Management Analyst (CIMA®) designation, a prestigious credential awarded by the Investments and Wealth Institute. The CIMA® designation signifies advanced knowledge and experience in evaluating, selecting, and managing complex investment portfolios.
Outside of the office, Bennett is actively involved in the community, serving as a member of Christ Church, West Raleigh Baseball League, Wake County Basketball Association, Western Wake Fire and Rescue, Lacy Foundation, and the ALS Foundation. He is an avid recreational golfer, enjoys college sports, and cherishes spending time with his wife and three children.
Securities Agent: SD, SC, MN, ID, MI, AK, VT, OH, NY, NJ, MO, VA, NV, MT, MD, IA, CO, VI, TX, PA, AZ, LA, WA, OR, NC, MA, IN, IL, WI, GA, CT, AL, UT, HI, WY, FL, DC, TN, RI, NM, CA; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1297773
NMLS#: 1297773
About Shelley Bennett
With nearly two decades of experience, Shelley is a Wealth Management Advisor focused on helping high net worth and ultra-high net worth individuals and multigenerational families grow, preserve, and purposefully deploy wealth across life’s major transitions. She is known for building holistic, planning-driven strategies that integrate investments, retirement plan design, and advanced wealth structuring—so clients can stay focused on their families, businesses, and long-term legacy goals.
Within The Sizemore Group at Morgan Stanley, Shelley leads investment and planning work including in-depth portfolio analysis, ongoing strategy refinement, and coordinated execution across complex client needs. She collaborates with individuals, institutional clients, and corporate retirement plans, bringing a rigorous, process-oriented perspective to portfolio construction and fiduciary planning. Shelley also has a deep commitment to empowering women through financial education and wealth planning—helping clients build confidence, clarity, and continuity across generations.
Shelley holds the Certified Financial Planner® (CFP®) certification, enabling her to translate sophisticated planning concepts into actionable strategies tailored to each client’s goals. She also earned the Certified Investment Management Analyst® (CIMA®) designation through the University of Chicago Booth School of Business Executive Education, reflecting advanced expertise in investment management and port-folio construction for affluent investors. In addition, Shelley holds the C(k)P® (Certified 401(k) Professional) designation—an advanced retirement plan credential is-sued by The Retirement Advisor University (TRAU) in collaboration with UCLA Ander-son School of Management Executive Education—supporting her work with business owners and plan sponsors on retirement plan strategy and outcomes.
Shelley earned an MBA and a Bachelor of Science degree from Campbell University in Buies Creek, North Carolina, with an academic foundation spanning trust and wealth management and accounting, and an MBA concentration in Finance.
Before joining Morgan Stanley in 2011, Shelley worked at U.S. Trust and Merrill Lynch Trust Company, where she focused on trust and estate planning strategies designed to address complex tax, legacy, and multigenerational wealth transfer considerations.
Active in her professional community, Shelley is a member of the Wake County Estate Planning Council and is engaged through her church and service efforts sup-porting individuals experiencing homelessness. Outside of work, she enjoys staying active, spending time outdoors, and making time with her husband and two children.
Within The Sizemore Group at Morgan Stanley, Shelley leads investment and planning work including in-depth portfolio analysis, ongoing strategy refinement, and coordinated execution across complex client needs. She collaborates with individuals, institutional clients, and corporate retirement plans, bringing a rigorous, process-oriented perspective to portfolio construction and fiduciary planning. Shelley also has a deep commitment to empowering women through financial education and wealth planning—helping clients build confidence, clarity, and continuity across generations.
Shelley holds the Certified Financial Planner® (CFP®) certification, enabling her to translate sophisticated planning concepts into actionable strategies tailored to each client’s goals. She also earned the Certified Investment Management Analyst® (CIMA®) designation through the University of Chicago Booth School of Business Executive Education, reflecting advanced expertise in investment management and port-folio construction for affluent investors. In addition, Shelley holds the C(k)P® (Certified 401(k) Professional) designation—an advanced retirement plan credential is-sued by The Retirement Advisor University (TRAU) in collaboration with UCLA Ander-son School of Management Executive Education—supporting her work with business owners and plan sponsors on retirement plan strategy and outcomes.
Shelley earned an MBA and a Bachelor of Science degree from Campbell University in Buies Creek, North Carolina, with an academic foundation spanning trust and wealth management and accounting, and an MBA concentration in Finance.
Before joining Morgan Stanley in 2011, Shelley worked at U.S. Trust and Merrill Lynch Trust Company, where she focused on trust and estate planning strategies designed to address complex tax, legacy, and multigenerational wealth transfer considerations.
Active in her professional community, Shelley is a member of the Wake County Estate Planning Council and is engaged through her church and service efforts sup-porting individuals experiencing homelessness. Outside of work, she enjoys staying active, spending time outdoors, and making time with her husband and two children.
Securities Agent: AK, PA, RI, NJ, NC, MN, MI, MA, HI, SD, SC, GA, CA, WY, WA, VA, VI, OR, OH, NY, MD, IL, FL, AZ, TX, AL, UT, TN, NV, CT, CO, WI, MT, ID, NM, MO, LA, IN, IA, DC; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1282957
CA Insurance License #: 4238842
NMLS#: 1282957
CA Insurance License #: 4238842
About Mary C Wright
Mary is a seasoned Wealth Management Advisor with over four decades of experience in the financial services industry. She has navigated diverse market cycles and economic landscapes throughout her career, providing clients with insightful and personalized financial guidance.
Mary joined Morgan Stanley in 1998 and subsequently joined The Sizemore Group, leveraging this team's expertise to enhance her practice and offer a broader range of solutions to both individual and corporate clients. With a focus on retirement planning, She assists clients in achieving their long-term financial goals by creating and implementing customized strategies.
Mary holds the prestigious Certified Wealth Strategist (CWS®) credential from the Cannon Financial Institute. This rigorous program, combined with advanced training at Morgan Stanley, equipped her with the technical knowledge, management skills, and client interaction expertise necessary to develop and implement sophisticated investment strategies.
Mary is a Certified Financial Planner® (CFP®), a designation earned in 2017. This prestigious credential underscores her commitment to adhering to the highest ethical standards and providing clients with comprehensive and personalized financial guidance.
In 2022, Mary earned the Lending Specialist designation through Morgan Stanley, expanding her capabilities in various areas of lending and cash management.
Mary holds a Bachelor of Arts Degree from the University of Colorado at Boulder, graduating with honors. She is a dedicated mentor to undergraduate students in finance and accounting through the University of Colorado Leeds Professional Mentoring Program, reflecting her commitment to supporting the next generation of financial professionals.
Outside of work, Mary enjoys outdoor activities such as hiking and waterskiing. She is an avid birdwatcher and enjoys spending time with her companion, Indie, a 50-pound white Labradoodle. She cherishes time with her two grown daughters and values spending time with family and friends. Mary is a proud American and supports our men and women in service.
Mary joined Morgan Stanley in 1998 and subsequently joined The Sizemore Group, leveraging this team's expertise to enhance her practice and offer a broader range of solutions to both individual and corporate clients. With a focus on retirement planning, She assists clients in achieving their long-term financial goals by creating and implementing customized strategies.
Mary holds the prestigious Certified Wealth Strategist (CWS®) credential from the Cannon Financial Institute. This rigorous program, combined with advanced training at Morgan Stanley, equipped her with the technical knowledge, management skills, and client interaction expertise necessary to develop and implement sophisticated investment strategies.
Mary is a Certified Financial Planner® (CFP®), a designation earned in 2017. This prestigious credential underscores her commitment to adhering to the highest ethical standards and providing clients with comprehensive and personalized financial guidance.
In 2022, Mary earned the Lending Specialist designation through Morgan Stanley, expanding her capabilities in various areas of lending and cash management.
Mary holds a Bachelor of Arts Degree from the University of Colorado at Boulder, graduating with honors. She is a dedicated mentor to undergraduate students in finance and accounting through the University of Colorado Leeds Professional Mentoring Program, reflecting her commitment to supporting the next generation of financial professionals.
Outside of work, Mary enjoys outdoor activities such as hiking and waterskiing. She is an avid birdwatcher and enjoys spending time with her companion, Indie, a 50-pound white Labradoodle. She cherishes time with her two grown daughters and values spending time with family and friends. Mary is a proud American and supports our men and women in service.
Securities Agent: AZ, WY, NY, NV, MO, DC, SC, OR, AL, WI, LA, IL, TX, NJ, MN, IA, HI, FL, CO, OK, MT, AK, TN, MA, CT, AR, WA, VA, PA, CA, VI, UT, MD, NC, MI, IN, ID, GA, SD, RI, OH, NM; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1285194
CA Insurance License #: 0B34355
NMLS#: 1285194
CA Insurance License #: 0B34355
About Jillian Walker
Since 2011, Jillian has been an integral member of our team, contributing to the development of comprehensive financial plans and investment strategies for clients. She works closely with business owners and participants in corporate retirement plans, providing guidance tailored to their unique financial needs and goals.
Jillian’s primary objective is to instill confidence in clients that their portfolios are thoughtfully designed to navigate both favorable and challenging market conditions.
A Certified Financial Planner™ (CFP®), Jillian effectively translates financial planning principles into practical solutions that help clients achieve their objectives. She also holds the Chartered Retirement Plans Specialist℠ (CRPS®) designation, demonstrating a deep understanding of the intricacies and mechanics of corporate retirement plans.
Jillian graduated from North Carolina State University with a Bachelor of Arts degree in International Studies with an emphasis on economics and environment.
Outside of work, Jillian enjoys traveling, working out, cooking, and spending time with family.
Jillian’s primary objective is to instill confidence in clients that their portfolios are thoughtfully designed to navigate both favorable and challenging market conditions.
A Certified Financial Planner™ (CFP®), Jillian effectively translates financial planning principles into practical solutions that help clients achieve their objectives. She also holds the Chartered Retirement Plans Specialist℠ (CRPS®) designation, demonstrating a deep understanding of the intricacies and mechanics of corporate retirement plans.
Jillian graduated from North Carolina State University with a Bachelor of Arts degree in International Studies with an emphasis on economics and environment.
Outside of work, Jillian enjoys traveling, working out, cooking, and spending time with family.
Securities Agent: ID, IA, WA, UT, AL, VA, NY, NC, MN, IN, TN, NV, IL, GA, OH, MD, CA, VT, VI, SD, RI, PA, MT, MI, ME, AK, TX, SC, AZ, WI, NM, LA, FL, DC, CT, CO, WY, OR, HI, NJ, MO, MA; General Securities Representative; Investment Advisor Representative
NMLS#: 2318733
CA Insurance License #: 4238866
NMLS#: 2318733
CA Insurance License #: 4238866
About Nichole Griffin
With over 20 years of experience in financial services, Nichole thrives as a Senior Registered Associate with The Sizemore Group. She is the head of our operations, working hard to ensure exceptional client service while keeping the team running efficiently. Nichole excels at coordinating workflow and crafting procedures streamlining logistical and administrative processes, aimed at benefiting both clients and team members alike.
A Magna cum laude graduate of Pfeiffer University with dual Bachelor of Science degrees in Business and Management Information Systems, Nichole brings a well -rounded skillset to the table. Prior to joining The Sizemore Group, she honed her expertise at RBC Wealth Management in Charlotte, NC before joining Morgan Stanley in 2011.
A native and true to heart North Carolinian, Nichole enjoys time both in the mountains and the beaches. Outside of work, she enjoys whipping up delicious meals, exploring new destinations, and spending time with her family and their charcoal Labrador retriever.
A Magna cum laude graduate of Pfeiffer University with dual Bachelor of Science degrees in Business and Management Information Systems, Nichole brings a well -rounded skillset to the table. Prior to joining The Sizemore Group, she honed her expertise at RBC Wealth Management in Charlotte, NC before joining Morgan Stanley in 2011.
A native and true to heart North Carolinian, Nichole enjoys time both in the mountains and the beaches. Outside of work, she enjoys whipping up delicious meals, exploring new destinations, and spending time with her family and their charcoal Labrador retriever.
About Constance Thurman
Constance leverages over 13 years of financial industry experience as a Portfolio Associate with The Sizemore Group. She focuses on client onboarding, prospect development, and ensuring smooth day-to-day operations for the team.
Constance’s responsibilities include managing corporate retirement plans (401(k)s & 529s), philanthropic planning initiatives, and client asset movement. Additionally, she oversees digital tools and resources to enhance the client experience.
Prior to joining Morgan Stanley in 2019, Constance held roles at Merrill Lynch and Bank of America. She holds a Bachelor of Arts degree in Communications (Radio, TV, & Film) from Howard University, graduating summa cum laude.
Outside of work, Constance prioritizes family and friends, enjoys leisure activities, and has a passion for travel.
Constance’s responsibilities include managing corporate retirement plans (401(k)s & 529s), philanthropic planning initiatives, and client asset movement. Additionally, she oversees digital tools and resources to enhance the client experience.
Prior to joining Morgan Stanley in 2019, Constance held roles at Merrill Lynch and Bank of America. She holds a Bachelor of Arts degree in Communications (Radio, TV, & Film) from Howard University, graduating summa cum laude.
Outside of work, Constance prioritizes family and friends, enjoys leisure activities, and has a passion for travel.
About Hayley Sizemore-Sample
Hayley brings a diverse background to our team, with experience in psychology, art, and business. She holds a Bachelor of Arts in Psychology from Meredith College and has pursued graduate studies in Art Therapy and Fine Art.
Prior to joining our firm, Hayley held various roles including positions in finance, childcare, and healthcare recruitment. She also owned and operated a Fine Art Gallery, showcasing her passion for creativity.
Hayley is a dedicated professional with a strong work ethic and a commitment to client satisfaction. She enjoys connecting with people and helping them achieve their financial goals.
When not working, Hayley enjoys spending time with her family, exploring local art and cultural events, and pursuing her hobbies of gardening, cooking, and traveling.
Prior to joining our firm, Hayley held various roles including positions in finance, childcare, and healthcare recruitment. She also owned and operated a Fine Art Gallery, showcasing her passion for creativity.
Hayley is a dedicated professional with a strong work ethic and a commitment to client satisfaction. She enjoys connecting with people and helping them achieve their financial goals.
When not working, Hayley enjoys spending time with her family, exploring local art and cultural events, and pursuing her hobbies of gardening, cooking, and traveling.
About Caroline Harper
Caroline Harper joined our team after graduating from the University of North Carolina at Chapel Hill, where she earned a Bachelor of Arts in Economics and American History with a minor in Business Administration. During her internship experience with Morgan Stanley, Caroline built a strong foundation in wealth management and institutional consulting, gaining valuable exposure to financial analysis, portfolio management, and client service.
Her academic experience, including study at the London School of Economics, broadened her perspective on political economics, finance, and public policy. Caroline brings a thoughtful and collaborative approach to her role and is committed to supporting the team in delivering an exceptional client experience. Her responsibilities include assisting with client relations, coordinating advisor schedules and appointments, helping clients with Morgan Stanley Online setup, and supporting the planning and execution of client events.
At UNC, Caroline was involved in a variety of leadership and service roles, including positions within Alpha Chi Omega and organizations focused on professional development in business and finance. Outside of work, she enjoys running, hiking, baking, reading historical fiction, traveling, and mentoring students.
Her academic experience, including study at the London School of Economics, broadened her perspective on political economics, finance, and public policy. Caroline brings a thoughtful and collaborative approach to her role and is committed to supporting the team in delivering an exceptional client experience. Her responsibilities include assisting with client relations, coordinating advisor schedules and appointments, helping clients with Morgan Stanley Online setup, and supporting the planning and execution of client events.
At UNC, Caroline was involved in a variety of leadership and service roles, including positions within Alpha Chi Omega and organizations focused on professional development in business and finance. Outside of work, she enjoys running, hiking, baking, reading historical fiction, traveling, and mentoring students.
About Lauren Hobbs
Lauren Hobbs joined our team as a Client Service Associate after earning her Bachelor of Science in Business Administration with a concentration in Finance from North Carolina State University. Through her internship experience, she built a strong foundation in client service, advisor support, and account maintenance.
Lauren is thoughtful, organized, and service-oriented, and she enjoys supporting both clients and advisors in her day-to-day role. Her responsibilities include client onboarding, account maintenance, assisting with client events, and helping manage the team’s community sponsorships.
At NC State, Lauren served as President of Women in Finance and was active in several campus organizations. She also expanded her academic experience through study abroad at the University of Leeds. Outside of work, Lauren enjoys being involved in her community and supporting initiatives that bring people together.
Lauren is thoughtful, organized, and service-oriented, and she enjoys supporting both clients and advisors in her day-to-day role. Her responsibilities include client onboarding, account maintenance, assisting with client events, and helping manage the team’s community sponsorships.
At NC State, Lauren served as President of Women in Finance and was active in several campus organizations. She also expanded her academic experience through study abroad at the University of Leeds. Outside of work, Lauren enjoys being involved in her community and supporting initiatives that bring people together.
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The Power of Partnerships
By partnering with experienced individuals across wealth disciplines, Morgan Stanley Financial Advisors can align specialized resources with your custom needs and deliver strategic guidance through the familiarity and trust of existing relationships
Kristina Shifflett
Private Banker | Market Manager
Fred Frillman
Private Banker
Ryan Dattner
Planning Associate
Blake Sanford
Wealth Solutions Associate - Cash Management
About Kristina Shifflett
Kristina Shifflett is a Private Banker | Market Manager serving Morgan Stanley Wealth Management offices in North Carolina, Maryland, and Virginia.
Private Banker | Market Managers partner with Financial Advisors/ Private Wealth Advisors (collectively “Advisors”) to deliver specialized cash management and lending solutions, while strategically leading sales activity and deepening client engagement across Wealth Management markets to drive growth aligned with long-term business and client objectives.
Kristina began her career in financial services in 1995 and joined Morgan Stanley in 2005 as a Client Service Associate. Prior to joining the firm, she was an Operations Manager at Wachovia Securities.
Kristina lives in Raleigh, North Carolina with her dog Rosco. Outside of the office, she enjoys traveling, spending time with her children, puzzles, baking, gardening, reading, and crafting.
Private Banker | Market Managers partner with Financial Advisors/ Private Wealth Advisors (collectively “Advisors”) to deliver specialized cash management and lending solutions, while strategically leading sales activity and deepening client engagement across Wealth Management markets to drive growth aligned with long-term business and client objectives.
Kristina began her career in financial services in 1995 and joined Morgan Stanley in 2005 as a Client Service Associate. Prior to joining the firm, she was an Operations Manager at Wachovia Securities.
Kristina lives in Raleigh, North Carolina with her dog Rosco. Outside of the office, she enjoys traveling, spending time with her children, puzzles, baking, gardening, reading, and crafting.
NMLS#: 1709833
About Fred Frillman
Fred Frillman is a Private Banker serving Morgan Stanley Wealth Management offices in Colorado, Utah, and Wyoming.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Fred began his career in financial services in 1995 and joined Morgan Stanley in 2022 as a Private Banker. Prior to joining the firm, he was a Sr. Wealth Management Lending Officer at Bank of America/Merrill Lynch.
Fred is a graduate of the University of Missouri – St. Louis, where he received a Bachelor of Science in Business Administration. He lives in Colorado Springs, Colorado with his family. Outside of the office, Fred enjoys trail running, mountain climbing, skiing, and playing golf. He has completed the Pikes Peak Ascent & Marathon races a combined 7 times. In November of 2023, Fred completed the NYC Marathon as part of the Morgan Stanley & Friends Team that raises funds each year for the American Cancer Society.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Fred began his career in financial services in 1995 and joined Morgan Stanley in 2022 as a Private Banker. Prior to joining the firm, he was a Sr. Wealth Management Lending Officer at Bank of America/Merrill Lynch.
Fred is a graduate of the University of Missouri – St. Louis, where he received a Bachelor of Science in Business Administration. He lives in Colorado Springs, Colorado with his family. Outside of the office, Fred enjoys trail running, mountain climbing, skiing, and playing golf. He has completed the Pikes Peak Ascent & Marathon races a combined 7 times. In November of 2023, Fred completed the NYC Marathon as part of the Morgan Stanley & Friends Team that raises funds each year for the American Cancer Society.
NMLS#: 792152
About Ryan Dattner
Ryan Dattner is a Planning Associate at Morgan Stanley providing dedicated financial planning support to Financial Advisors and their teams. Operating as an extension of the FA/Team, he collaborates with clients to discover and define the goals that matter most to them. Leveraging state of the art technology, he will evaluate various options and their potential outcomes to help clients confidently choose the appropriate course of action. Ryan provides expertise across a wide suite of Morgan Stanley planning tools designed to assist in the areas of investment accumulation, retirement, education, major purchase, cash flow, risk management, tax efficiency, and wealth transfer planning.
He earned his undergraduate degree from the University of Delaware and received the Financial Planning Specialist® designation from the College for Financial Planning. Ryan is originally from Old Brookville, NY.
He earned his undergraduate degree from the University of Delaware and received the Financial Planning Specialist® designation from the College for Financial Planning. Ryan is originally from Old Brookville, NY.
About Blake Sanford
Blake Sanford is a Wealth Solutions Associate & Cash Engagement Specialist at Morgan Stanley providing dedicated support to Financial Advisors and their teams. Operating as an extension of the FA/Team, Blake collaborates with clients to discover how best to engage and enroll in the services available at Morgan Stanley during their onboarding journey, specifically cash management. Blake provides guidance across a wide suite of cash management offerings and is able to help open cash management accounts, transfer funds, assist with credit cards and provide education on the breadth of what Morgan Stanley has to offer in the cash management space.
Private Banking Group (PBG) Market Managers, Senior Private Bankers, Private Bankers, and Associate Private Bankers are employees of Morgan Stanley Private Bank, National Association.
Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC.
Morgan 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
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
When 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.
Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC.
Morgan 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
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.
Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
When 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.
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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.
1Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, 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.
5Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
6Morgan Stanley 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.
7Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
8Morgan 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.
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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.
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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.
1Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, 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.
5Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
6Morgan Stanley 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.
7Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
8Morgan 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.
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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.
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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), 4763067 (9/2025), 5378280 (5/2026)
