Phone:
(253) 858-1222(253) 858-1222
The Smalley Berman Group at Morgan Stanley
Direct:
(253) 858-4401(253) 858-4401
Toll-Free:
(800) 714-7989(800) 714-7989
Our Mission Statement
We serve as financial advocates to deliver personalized guidance for clients to achieve lifelong visions and goals.
Smalley Berman Vision
The Smalley Berman Group places high value on relationships. Affluent families require a sophisticated comprehensive wealth management strategy. This requires the knowledge and resources that can be provided through a team of experienced Financial Advisors. The Smalley Berman Group has over 70 years of combined experience in servicing high net worth clients. As one of Puget Sound’s skilled wealth planning teams, we are qualified to address the multi-faceted needs of affluent families, small businesses and foundations.
Our role at The Smalley Berman Group is to help you use your wealth to achieve what is most important to you. That may mean providing an education to children and grandchildren, buying a vacation home, meeting the special needs of a family member, retiring ten years early — the list is endless, and the decision is uniquely your own.
Together, we will explore your aspirations and the life you envision. We will work with you to translate your goals into a specific investment objective and personalized investment strategy. And then, drawing on the team’s experience and perspective informed by the insight and resources of one of the world’s largest financial firms, we will structure a portfolio for you, executing and refining that strategy to help bring you closer to your definition of investment success.
In short, your goals become our focus, and helping achieve them becomes a commitment that we share.
Our role at The Smalley Berman Group is to help you use your wealth to achieve what is most important to you. That may mean providing an education to children and grandchildren, buying a vacation home, meeting the special needs of a family member, retiring ten years early — the list is endless, and the decision is uniquely your own.
Together, we will explore your aspirations and the life you envision. We will work with you to translate your goals into a specific investment objective and personalized investment strategy. And then, drawing on the team’s experience and perspective informed by the insight and resources of one of the world’s largest financial firms, we will structure a portfolio for you, executing and refining that strategy to help bring you closer to your definition of investment success.
In short, your goals become our focus, and helping achieve them becomes a commitment that we share.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Master's Council
Peter Berman and James Smalley have been named to the Firm’s prestigious Master’s Club. It is an elite group composed of the firm’s top Financial Advisors. They are both Senior Vice Presidents and Financial Advisors. Peter is the Branch Manager of the Gig Harbor, WA branch of Morgan Stanley. James is a Senior Investment Management Consultant in Morgan Stanley’s Gig Harbor, WA branch
Our Team's Experience
With a combined experience of over 100 years, The Smalley Berman Group has in-depth knowledge of the industry and working with clients. Peter has been in the industry for 30 years, Jim for over 30 years, Joe for over 20 years and Maira for over 25 years.
We have assembled the following resources that reinforce the fundamental investment strategies and concepts of our practice. We’ve provided links to these materials, where available, and hope you’ll return often to learn more about the topics that impact your overall wealth.
Global Investment Committee on the Markets
A monthly publication that summarizes the Global Investment Committee’s market outlook and contains thought-provoking essays that examine the forces shaping the investment landscape. Check out this month's edition here.
Read The Latest Report
Global Investment Committee Weekly Research Report
The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance and fixed income.
Access This Week's Edition
Morgan Stanley Podcast
The Morgan Stanley Ideas Podcast brings you revealing stories about the world of business, finance, technology and beyond. Click the link below for more information and to access a library of interesting content.
Morgan Stanley PodcastMorgan Stanley offers a number of online and digital tools that are designed to enhance your modern wealth management experience. If you would like to learn more about these tools, please visit the links below.
Morgan Stanley Online
Your investments and everyday finances are always just a
few clicks away with Morgan Stanley Online (MSO) and
the Morgan Stanley Mobile App.
Learn More About MSOfew clicks away with Morgan Stanley Online (MSO) and
the Morgan Stanley Mobile App.
Morgan Stanley Online Login
Click the link below to login to your Morgan Stanley Online
account.
MSO Loginaccount.
Total Wealth View
Complete your financial picture with Total Wealth View. By
linking your account information, you will benefit from
more informed wealth planning, more secure data access,
and convenient connectivity.
Learn More and Enroll in Total Wealth Viewlinking your account information, you will benefit from
more informed wealth planning, more secure data access,
and convenient connectivity.
Online Security
At Morgan Stanley, safeguarding your assets and
personal information is among our highest priorities.
Learn about our security measures and use our resources
and ideas to help protect yourself online.
Our Security Resourcespersonal information is among our highest priorities.
Learn about our security measures and use our resources
and ideas to help protect yourself online.
Goal Planning System (GPS)
Our Goals Planning System is built on Morgan Stanley's
intellectual capital and capabilities, to provide you with
comprehensive investing and planning solutions for your
individual goals. Contact us to begin your plan today.
Learn More About GPSintellectual capital and capabilities, to provide you with
comprehensive investing and planning solutions for your
individual goals. Contact us to begin your plan today.
MSO Mobile App
The Morgan Stanley Mobile App gives you the same
capabilities as Morgan Stanley Online all from the
convenience of your own phone. It also offers features to
simplify your everyday finances. These include mobile
check deposit and send Money with Zelle.
Download the MSO Mobile Appcapabilities as Morgan Stanley Online all from the
convenience of your own phone. It also offers features to
simplify your everyday finances. These include mobile
check deposit and send Money with Zelle.
eServices
Send/receive wire transfers, review your monthly
statements and safely store your important documents
with our suite of eServices. With eDelivery, eAuthorization,
eSign and our Digital Vault you can avoid the hassle of
paper and monitor your accounts from your MSO account
and the MSO mobile app.
Learn More and Enrollstatements and safely store your important documents
with our suite of eServices. With eDelivery, eAuthorization,
eSign and our Digital Vault you can avoid the hassle of
paper and monitor your accounts from your MSO account
and the MSO mobile app.
Digital Vault
The Digital Vault allows you to build a centralized library
for all your documents using encryption.
Learn Morefor all your documents using encryption.
Asset Management
Asset management is a systematic approach to the
governance and realization of all value for which a group
or entity is responsible. It may apply both to tangible
assets and to intangible assets.
governance and realization of all value for which a group
or entity is responsible. It may apply both to tangible
assets and to intangible assets.
Cash Management
Cash management refers to a broad area of finance
involving the collection, handling, and usage of cash. It
involves assessing market liquidity, cash flow, and investments.
involving the collection, handling, and usage of cash. It
involves assessing market liquidity, cash flow, and investments.
Estate Planning
Estate planning is the process of anticipating and
arranging for the management and disposal of a person's
estate during the person's life in preparation for a
person's future incapacity or death.
arranging for the management and disposal of a person's
estate during the person's life in preparation for a
person's future incapacity or death.
Financial Planning
In general usage, a financial plan is a comprehensive
evaluation of an individual's current pay and future
financial state by using current known variables to
predict future income, asset values and withdrawal plans.
evaluation of an individual's current pay and future
financial state by using current known variables to
predict future income, asset values and withdrawal plans.
401k Rollover
A rollover occurs when you withdraw cash or other assets
from one eligible retirement plan and contribute all or
part of it, within 60 days, to another eligible retirement
plan. This typically occurs when a client moves
employers.
from one eligible retirement plan and contribute all or
part of it, within 60 days, to another eligible retirement
plan. This typically occurs when a client moves
employers.
Location
2727 Hollycroft
Suite 330
Gig Harbor, WA 98335
US
Direct:
(253) 858-4401(253) 858-4401
Toll-Free:
(800) 714-7989(800) 714-7989
Fax:
(253) 858-4499(253) 858-4499
Meet The Smalley Berman Group
James Smalley
Executive Director, Wealth Management, Financial Advisor, Senior Investment Management Consultant
Phone:
(253) 858-1221(253) 858-1221
Phone:
(253) 858-1225(253) 858-1225
Maira Otero
Senior Registered Associate
Phone:
(253) 858-4425(253) 858-4425
Anne Infantino
Client Service Associate
Phone:
(253) 858-4059(253) 858-4059
About Peter E Berman
Peter Berman joined Morgan Stanley in 1992 and co-founded The Smalley Berman Group with a vision to guide clients and their families towards their financial goals. As the Branch Manager of the Gig Harbor location, Peter has dedicated his efforts towards serving the community where he was born and raised, as well as expanding his reach across the country.
Today, Peter advises clients on capital growth and preservation, retirement and estate planning strategy and ensuring portfolios are led towards their individualized objectives. His dedication to the firm for the past 30 years is exemplified daily through his personability, technological savviness, and willingness to assist all who walk into the Gig Harbor branch. Peter is a member of the Morgan Stanley Master’s Club which recognizes the top-performing financial advisors for excellence in client services nationwide. He has been listed in Forbes Best-In-State Financial Advisors for Washington in 2020, 2021, 2022 and 2023.
As a local Washingtonian, Peter attended Gig Harbor High School and graduated from the University of Washington with a degree in Finance. When he is not in the Gig Harbor branch, he is an avid percussionist and drummer who plays with his band, Baking with Julia. He enjoys playing at local events and for charities as one of the many efforts in giving back to the community.
2020-2023 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2020-2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Today, Peter advises clients on capital growth and preservation, retirement and estate planning strategy and ensuring portfolios are led towards their individualized objectives. His dedication to the firm for the past 30 years is exemplified daily through his personability, technological savviness, and willingness to assist all who walk into the Gig Harbor branch. Peter is a member of the Morgan Stanley Master’s Club which recognizes the top-performing financial advisors for excellence in client services nationwide. He has been listed in Forbes Best-In-State Financial Advisors for Washington in 2020, 2021, 2022 and 2023.
As a local Washingtonian, Peter attended Gig Harbor High School and graduated from the University of Washington with a degree in Finance. When he is not in the Gig Harbor branch, he is an avid percussionist and drummer who plays with his band, Baking with Julia. He enjoys playing at local events and for charities as one of the many efforts in giving back to the community.
2020-2023 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2020-2023). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Securities Agent: GA, MT, NM, SC, OR, IN, CT, WI, WA, UT, TX, SD, RI, PR, PA, OH, NY, NV, NE, ND, NC, MS, MO, MN, MI, ME, MD, MA, IL, ID, HI, FL, DE, DC, CO, CA, AZ, AR, AL, AK, NH, OK, WV, KS, KY, NJ, VI, WY, IA, LA, TN, VT, VA; BM/Supervisor; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1253036
NMLS#: 1253036
About James Smalley
Since 1990, Jim Smalley has worked with clients to help build their retirement wealth and to meet their financial goals. Jim focuses on advising clients based on the core tenets of integrity, honesty and dependability to provide a truly individualized financial plan for each and every client. Jim’s interest in providing thoughtful guidance for others extends well beyond his financial practice. He serves on numerous boards, including the Franciscan Health System. He is the Secretary/Treasurer and past-chair of Harrison Medical Center and the Vice Chair for SightLife, the largest corneal eye bank in the world, which includes clinics in the U.S. and India. He has served as a board member for the Harbor History Museum in Gig Harbor, and has been awarded Life Director status with the Home Builders Association of Kitsap County. Jim is a lifelong believer in the value of giving back as is evidenced when he was awarded the Gold Presidential Volunteer Award by Morgan Stanley for donating over 500 hours of service to his community.
In addition, in his personal time, Jim brings his high attention to detail to the restoration of classic cars, in particular Austin Healeys, of which he is a national expert. He has shown at the Pebble Beach Concours d’Elegance and has loaned cars to the LeMay Museum in Tacoma since its opening in 2012.
Jim received his BA and BFA degrees from the Brooks Institute in California and studied economics at the University of Puget Sound. He is a member of Morgan Stanley’s Masters Council, a company-wide recognition program for the firm’s top financial advisors nationwide. Jim lives with his family in Gig Harbor.
In addition, in his personal time, Jim brings his high attention to detail to the restoration of classic cars, in particular Austin Healeys, of which he is a national expert. He has shown at the Pebble Beach Concours d’Elegance and has loaned cars to the LeMay Museum in Tacoma since its opening in 2012.
Jim received his BA and BFA degrees from the Brooks Institute in California and studied economics at the University of Puget Sound. He is a member of Morgan Stanley’s Masters Council, a company-wide recognition program for the firm’s top financial advisors nationwide. Jim lives with his family in Gig Harbor.
Securities Agent: NC, NY, OH, OK, OR, RI, TX, VA, WA, NM, NV, AK, AL, AZ, CA, CO, CT, DC, FL, GA, HI, IA, ID, IN, MD, ME, MI, MO, MT; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1285172
NMLS#: 1285172
About Joseph A Dinelt
Joe Dinelt started his career as a financial advisor in 1993 with Murphey Favre Inc – a subsidiary of Washington Mutual. In 1998, Joe began his career with Morgan Stanley, earning the title of First President. He has built his business through dedicated service as a trusted advisor by helping clients create and preserve wealth through a variety of financial services to meet their needs. As a member of The Smalley Berman Group since 2015, Joe’s primary focus is on the implementation and maintenance of strategic investment strategies for clients.
Joe is an advocate for being an active member of his community, as exemplified through his extensive support to Northwest Harvest, a statewide network focused on improving equity in our food system to allow for food to be available, accessible and adequate for all people.
In his personal time, Joe is an avid sports fan. When he is not cheering on the Seahawks, he enjoys coaching youth sports and spending time with his family where they reside in University Place.
Joe is an advocate for being an active member of his community, as exemplified through his extensive support to Northwest Harvest, a statewide network focused on improving equity in our food system to allow for food to be available, accessible and adequate for all people.
In his personal time, Joe is an avid sports fan. When he is not cheering on the Seahawks, he enjoys coaching youth sports and spending time with his family where they reside in University Place.
Securities Agent: IN, ME, MI, MN, MO, MT, NC, NM, NY, OH, OR, RI, SC, TX, UT, VA, WA, MD, NV, AK, AL, AR, AZ, CA, CO, CT, FL, GA, HI, ID; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1347306
NMLS#: 1347306
About Maira Otero
Maira started her career with Morgan Stanley in 1994. She began in operations to assist with placing orders and executing wires. In 2004, she joined The Smalley Berman Group as a registered client service associate. Throughout her career, she has developed and maintained a strong client support structure that has enabled the team to successfully manage its extensive book.
Maira manages the daily account activities as well as the multi-faceted and strategic projects. She provides detailed account management support, as well as contributing to an outstanding service experience for all clients of the Smalley Berman Group. In her 29 years with the firm, she has obtained and held her Series 7 and 63 securities licenses.
As a native to the east coast, Maira has enjoyed planting her roots in the Port Orchard area. She dedicates her spare time to crafting, scrapbooking, custom card making and gardening. She enjoys hand making quilts for the Morgan Stanley “Blankets of Love” campaign, which donates to victims of domestic violence.
Maira manages the daily account activities as well as the multi-faceted and strategic projects. She provides detailed account management support, as well as contributing to an outstanding service experience for all clients of the Smalley Berman Group. In her 29 years with the firm, she has obtained and held her Series 7 and 63 securities licenses.
As a native to the east coast, Maira has enjoyed planting her roots in the Port Orchard area. She dedicates her spare time to crafting, scrapbooking, custom card making and gardening. She enjoys hand making quilts for the Morgan Stanley “Blankets of Love” campaign, which donates to victims of domestic violence.
About Anne Infantino
Anne Infantino started with the Smalley Berman Group in Gig Harbor in October. She grew up locally on Bainbridge Island and went to college at Eastern Washington University. She has been in the Financial Services industry since 2013, the last 10 years at Osaic Wealth, Inc..
During her time in the financial services industry she has primarily focused on customer service, business processing, operations, and compliance. She also holds her SIE and Series 99 exams.
Outside of work, she lives in Federal Way and enjoy going to baseball games, concerts, and traveling with her husband.
During her time in the financial services industry she has primarily focused on customer service, business processing, operations, and compliance. She also holds her SIE and Series 99 exams.
Outside of work, she lives in Federal Way and enjoy going to baseball games, concerts, and traveling with her husband.
Contact Peter E Berman
Contact James Smalley
Contact Joseph A Dinelt
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
Are You Prepared for Tax Day?
Article Image
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
Article Image
Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Ready to start a conversation? Contact The Smalley Berman Group today.
1Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
3Morgan 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.
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.
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 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.
6Participating in a new issue/syndicate is subject to availability. IPOs are highly speculative and may not be appropriate for all investors because they lack a stock-trading history and usually involve smaller and newer companies that tend to have limited operating histories, less-experienced management teams, and fewer products or customers. Also, the offering price of an IPO reflects a negotiated estimate as to the value of the company, which may bear little relationship to the trading price of the securities, and it is not uncommon for the closing price of the shares shortly after the IPO to be well above or below the offering price.
7Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
8Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
3Morgan 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.
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.
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 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.
6Participating in a new issue/syndicate is subject to availability. IPOs are highly speculative and may not be appropriate for all investors because they lack a stock-trading history and usually involve smaller and newer companies that tend to have limited operating histories, less-experienced management teams, and fewer products or customers. Also, the offering price of an IPO reflects a negotiated estimate as to the value of the company, which may bear little relationship to the trading price of the securities, and it is not uncommon for the closing price of the shares shortly after the IPO to be well above or below the offering price.
7Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
8Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
