Peter Chieco, CFP®, CIMA®, CDFA®
Managing Director, Wealth Management, Financial Advisor, Family Wealth Director, Lending Specialist, Founders Specialist
Phone:
(203) 625-4897(203) 625-4897
The Sound Shore Wealth Management Group at Morgan Stanley
Peter Chieco, CFP®, CIMA®, CDFA®Vincent Mancuso, CRPS®Hal RubensteinRoger MarmentRichard A Lybarger, CFP®Kristin AlitAntonio Debarros, CFAJohn Ruggiero, CRPC®Maria Merrill
Direct:
(203) 625-4897(203) 625-4897
Toll-Free:
(800) 243-5977(800) 243-5977
Industry Award WinnerOur Mission Statement
At the Sound Shore Wealth Management Group, we are dedicated to your continued prosperity, ensuring your legacy and protecting your family's financial well-being.
The Sound Shore Wealth Management Group was named a Top 250 Private Wealth Management Team by Barron's in 2024, 2025 & 2026.
Source: Barrons.com (Awarded April 2024-2026). Data compiled by Barron's based on 12-month period concluding in Dec. of the year prior to the issuance of the award.
The Sound Shore Wealth Management Group was named a Top 250 Private Wealth Management Team by Barron's in 2024, 2025 & 2026.
Source: Barrons.com (Awarded April 2024-2026). Data compiled by Barron's based on 12-month period concluding in Dec. of the year prior to the issuance of the award.
Our Story and Services
At The Sound Shore Wealth Management Group at Morgan Stanley, we don’t just help you build on your financial success for the decades ahead; we help you establish a true legacy of excellence for the generations that follow.
The complexities of multigenerational affluence are many. From the considerations of estate planning strategies, to the intricacies of corporate monetization events. We’ve assembled our team precisely with the nuanced needs of high-net-worth families in mind.
We are an experienced team with our roots dating back to 1983. We have diverse skillsets and perspectives. And our designations include a Director of Investments and two Family Wealth Directors — a designation held by about 5% of Morgan Stanley Advisors that speaks to our team’s expertise helping clients achieve their family mission.
Far more than our industry credentials, however, we pride ourselves on our client commitment. We never stop looking for ways to enhance the strategies and services we provide you. We collaborate closely with your accountants, attorneys, and other professionals. We make ourselves available whenever you need guidance or insight. For our team, trust is not just something forged with words, but through actions made in your best interest day after day. And ultimately, through the responsible and relentless stewardship of your family’s legacy.
For a second opinion about your current investments, or to talk about your goals, please call us at (203) 625-4897.
The complexities of multigenerational affluence are many. From the considerations of estate planning strategies, to the intricacies of corporate monetization events. We’ve assembled our team precisely with the nuanced needs of high-net-worth families in mind.
We are an experienced team with our roots dating back to 1983. We have diverse skillsets and perspectives. And our designations include a Director of Investments and two Family Wealth Directors — a designation held by about 5% of Morgan Stanley Advisors that speaks to our team’s expertise helping clients achieve their family mission.
Far more than our industry credentials, however, we pride ourselves on our client commitment. We never stop looking for ways to enhance the strategies and services we provide you. We collaborate closely with your accountants, attorneys, and other professionals. We make ourselves available whenever you need guidance or insight. For our team, trust is not just something forged with words, but through actions made in your best interest day after day. And ultimately, through the responsible and relentless stewardship of your family’s legacy.
For a second opinion about your current investments, or to talk about your goals, please call us at (203) 625-4897.
$4.6 Billion AUM
- As of 12/31/2025
Services Include
- Asset Management
- Business PlanningFootnote1
- Business Succession PlanningFootnote2
- Cash Management and Lending ProductsFootnote3
- Planning for Education FundingFootnote4
- Estate Planning StrategiesFootnote5
- Financial PlanningFootnote6
- Life InsuranceFootnote7
- Long Term Care InsuranceFootnote8
- Retirement PlanningFootnote9
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Core Culture
We Are Never Done With Discovery
People change. What matters to you at 35 might seem less important at 75. That’s why we maintain a “high-touch” communication standard. Not only to answer questions, but to ask them. By making discovery an ongoing process, we’re always working toward the future you envision.
We Value Our Team Because Everyone Is Important To The Client Experience
In other words, we treat each other the way we treat you. Like family. Because of that, we’ve been a stable, coherent resource for our clients and their families year after year.
We Provide “Board Room To Kitchen Table” Guidance
Put simply, we meet you where you are. For some clients, it’s in a board room delving into the particularities of various investment vehicles. For others, it’s at the kitchen table talking about financial goals without financial jargon. Or it could be a mix of both. We adapt to your preferences, helping ensure that our services cater to your unique needs and comfort level.
We Believe In Financial Empowerment For All
Most married couples want their financial decision-making to be a joint endeavor. We are committed to facilitating a wealth management process in which both partners are actively involved. Our goal is to help foster open communication, drive consensus, and address individual concerns without sacrificing shared goals.
We Champion Next-Gen Legacies
Our team members span generations from Baby Boomer to Millennial. While we lean on our rich blend of experience, we also leverage cutting-edge financial technology and sophisticated risk strategies to help ensure that your family is prepared for whatever the future may hold.
At a Glance
Over the years, we've earned numerous industry awards and credentials. They include:
Industry Certifications
- Certified Divorce Financial Analyst® (CDFA®) – Chieco
- Certified Financial Planner® (CFP®) – Chieco, Lybarger
- Certified Investment Management Analyst® (CIMA®) – Chieco
- Chartered Retirement Plans Specialist® (CRPS®) – Mancuso
Top Morgan Stanley Designations
- Alternative Investments Director – Chieco, Lybarger, Mancuso
- Financial Planning Specialist – Chieco, Lybarger, Mancuso, Ruggiero
- Family Wealth Director – Chieco, Lybarger, Mancuso
- Lending Specialist – Chieco, Mancuso
- Insurance Planning Director – Mancuso
- Senior Investment Management Consultant – Chieco
- Senior Portfolio Management Director – Chieco, Mancuso
- Portfolio Management Director – Rubenstein
- Portfolio Manager – Ruggiero
- Workplace Advisor – Equity Compensation – Chieco, Lybarger, Mancuso, Marment, Rubenstein, Ruggiero
- Private Wealth Advisor – Merrill
The Range of Questions We Can Help You Answer
- During periods of volatility, how can I strategically diversify my multi-generational wealth portfolio to optimize growth while safeguarding against risk and balancing illiquidity premiums?
- What's the best way for my family to establish an impactful and sustainable philanthropic strategy? Are donor-advised funds, private foundations, or impact investing right me long-term?
- "How should I navigate the increasingly complex estate planning landscape through the incorporation of trusts or family limited partnerships? What should that strategy look in order to safeguards assets, addresses liquidity needs, and upholds our family's legacy and values?
Pedigree of Excellence
- Barron's Top 1,500 Financial Advisors: State-by-State (2026)
- Barron's Top 250 Private Wealth Management Teams (2024-2026)
- Barron's Top 1,200 Financial Advisors (Chieco, 2010-2025 & Mancuso, 2022-2025)
- The Financial Times Top 400 Financial Advisors (Chieco, 2017-2021)
*
2026 Barron's Top 1500 Financial Advisors State-by-State
Source: Barron's (Awarded March 2026) Data compiled by Barron's based for the period October 2024–Sept 2025.
2024-2026 Barron's Top 250 Private Wealth Management Teams
Source: Barrons.com (Awarded April 2024-2026). Data compiled by Barron's based on 12-month period concluding in Dec of the year prior to the issuance of the award.
2010-2025 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com 2010-2025, Peter Chieco; 2022-2025, Vincent Mancuso. Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
2017-2021 Financial Times 400 Top Financial Advisors
Source: ft.com. Data compiled by the Financial Times based the following time periods:
Advisor to choose appropriate years/periods from list below:
Awarded 2021; data 6/30/17 - 6/30/20
Awarded 2020; data 6/30/16 - 6/30/19
Awarded 2019; data 6/30/15 - 6/30/18
Awarded 2018; data 6/30/15 - 6/30/17
Awarded 2017; data 9/30/14 - 9/30/16
Above & Beyond
Family Communication
Over the years, we’ve noticed that many families find it uncomfortable to have open conversations around money. Even when those conversations are urgent and necessary. Maybe it’s a discussion on cash management or investment risk. Whatever it is, we’re always here to help you facilitate clear family communication around financial matters.
The Hard Truth
As advisors, we feel an ethical responsibility to tell you what you NEED to hear. Always. Even if it’s not what you might want to hear. For some, that might mean having a hard conversation about a beloved luxury asset that poses too much risk to get liability insurance to cover. Or it might mean revisiting an investment strategy ahead of retirement. We are committed to transparency, and we prioritize your well-being.
A Support System
Every family faces difficult moments. The passing of a loved one. A divorce. We stand by your side through it all — not just to help you answer the big questions, but also to help pick up all the little pieces. From facilitating financial arrangements to managing administrative tasks, we strive to help you through challenging times in any way we can.
Busy Lives
Our clients run public and private companies. They sit on boards. They fill their retirements with travel and other passions. Bottom line, they’re busy people. Even when they have the knowledge to address their personal finances, they lack the time. It’s not uncommon for us to meet prospective clients who have no professional network, no estate plan, and severely concentrated portfolios misaligned with their risk appetites. But that’s why we’re here. We help diversify portfolios and coordinate with accountants and attorneys — all to help our clients stay focused on their careers, their family, and their passions.
Multigenerational Wealth
Family. No asset in this world is more precious. But often, no objective is more challenging than preserving a family mission. First and foremost, it requires multiple generations to all "push in the same direction" over the course of many years. And from a planning perspective, market volatility and complex regulatory landscapes demand careful foresight and constant vigilance to navigate effectively. Our team takes great pride in helping you on all fronts — as a comprehensive guardian of your legacy.
How We Help Families
- Design tax-efficient estate plans and transfer strategies to help secure your legacy
- Work with your legacy team of trusted tax and legal professionals to cover all of your wealth transfer needs
- Host family meetings when necessary to facilitate discussions around multigenerational wealth preservation
- Empower children and grandchildren with financial literacy and long-term perspectives around wealth
- Craft charitable giving strategies that help maximize your impact and minimize your tax consequences
What Sets Our Team Apart
- Family Wealth Directors—This designation speaks to our team's comprehensive skillset and seasoned experience helping clients achieve their family mission across three and even four generations.
- Multigenerational Team Structure — Our advisors represent every generation from Baby Boomer to Millennial. That breadth helps foster productive conversations cross-generationally. It also means that when we say we'll be here to help your children and grandchildren carry on your legacy, we mean it.
- Family Office Resources —With Morgan Stanley's Family Office Resources behind us, we're able to provide pinpoint resources on everything from establishing a family foundation, to managing the finances of your art collection.
*The term "Family Office Resources" is being used as a term of art and not to imply that Morgan Stanley and/or its employees are acting as a family office pursuant to Investment Advisers Act of 1940.
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
1 Fawcett Place
3rd Floor
Greenwich, CT 06830
US
Direct:
(203) 625-4897(203) 625-4897
Toll-Free:
(800) 243-5977(800) 243-5977
214 Senate Avenue
7th FL
Camp Hill, PA 17001
US
Direct:
(717) 730-1806(717) 730-1806
Meet The Sound Shore Wealth Management Group
Vincent Mancuso, CRPS®
Managing Director, Wealth Management, Financial Advisor, Senior Portfolio Management Director, Family Wealth Director, Lending Specialist, Founders Specialist
Phone:
(203) 625-4889(203) 625-4889
Richard A Lybarger, CFP®
Senior Vice President, Wealth Management, Financial Advisor, Financial Planning Specialist
Phone:
(717) 730-1806(717) 730-1806
Phone:
(203) 625-4852(203) 625-4852
Hal Rubenstein
Senior Vice President, Financial Advisor, Portfolio Management Director
Phone:
(203) 625-4851(203) 625-4851
John Ruggiero, CRPC®
Vice President, Financial Advisor, Senior Portfolio Manager, Financial Planning Specialist
Phone:
(203) 625-4650(203) 625-4650
Roger Marment
Senior Vice President, Wealth Management, Financial Advisor
Phone:
(203) 625-4818(203) 625-4818
Phone:
(203) 625-4689(203) 625-4689
Antonio Debarros, CFA
Director of Investments, Vice President
Phone:
(203) 625-4888(203) 625-4888
Catherine Maguire
Senior Client Service Associate
Phone:
(203) 625-4885(203) 625-4885
Joseph Milano
Senior Registered Associate
Phone:
(203) 625-4883(203) 625-4883
Christine Harsaghy
Business Development Director
Phone:
(203) 625-4631(203) 625-4631
Sally Bedus, CFP®
Registered Client Service Associate
Phone:
(203) 625-4660(203) 625-4660
Claudia Byrne
Portfolio Associate
Phone:
(203) 625-4634(203) 625-4634
About Peter Chieco
Peter Chieco, CFP®, CIMA®, CDFA®
Peter Chieco is a Managing Director, Wealth Management, Financial Advisor, Family Wealth Director, and Lending Specialist with The Sound Shore Wealth Management Group at Morgan Stanley. With leading certifications and a client-centric approach, he has guided affluent individuals and families through their complex wealth journeys for over four decades.
A graduate of Fordham University with a bachelor’s degree in Finance, Peter began his financial career in 1983. In 1995, he joined Smith Barney, a predecessor firm of Morgan Stanley, later co-founding The Sound Shore Group with Vincent Mancuso. Over the years, he has prioritized the development of his team members as much as his clients. He believes that when team members flourish, the entire client experience is elevated. This commitment has earned him numerous industry awards, including 2026 Barron's Top 1,500 Financial Advisors: State-by-State, Barron's Top 1,200 Financial Advisors from 2010 through 2025 and The Forbes Best-in-State Wealth Advisors from 2018 through 2026.
Throughout his career, Peter has sought to deliver highly-informed, strategic guidance to help clients address the full breadth of their wealth management needs. To bolster this commitment, he has secured various prestigious credentials, including a Certified Investment Management Analyst® designation from the Wharton School at the University of Pennsylvania, as well as Certified Financial Planner® and Certified Divorce Financial Analyst® designations. He also holds Morgan Stanley’s elite Family Wealth Director designation, which is held by about 5% of all advisors at the firm.*
As a partner of the Group that now advises on more than $4 billion in assets, Peter focuses on delivering personalized guidance and exceptional service to a wide range of affluent individuals and families.** While his client-centric approach revolves around the individual needs and aspirations of his clients, it is fueled by a commitment to help add value through innovative and cost-effective financial solutions. Having worked in this industry for multiple decades, he has steered clients through many challenging market environments, life events, and family scenarios. More than anything, he prides himself on being a trusted guide in times when his clients most need an objective resource to help keep them on track toward their goals.
Outside the office, Peter resides in Bedford Corners, NY with his wife, Rose Ann. Committed to philanthropy, Peter serves on the National Board of Directors and Executive Committee for Cooley’s Anemia Foundation, a not-for-profit charity helping patients battle a fatal blood disorder. He has testified before Congress and the FDA and is a frequent speaker about the disease. In 2022, the Invest in Others Foundation awarded him a lifetime achievement award for his charitable work. In his free time, Peter enjoys tending to his extensive organic garden and sharing the bounty with neighbors, friends, the local community center, and his growing family.
* As of 12/31/2023
** As of 12/31/2024
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.
2026 Barron's Top 1,500 Financial Advisors: State-by-State
Source: Barron's (Awarded March 2026) Data compiled by Barron's based for the period October 2024–Sept 2025.
2010-2025 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com 2010-2025. Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
2018-2026 Forbes Best-In- State Wealth Advisors
Source: Forbes.com 2018-2026. Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award. Please refer to important criteria and methodology at the end of this material.
Peter Chieco is a Managing Director, Wealth Management, Financial Advisor, Family Wealth Director, and Lending Specialist with The Sound Shore Wealth Management Group at Morgan Stanley. With leading certifications and a client-centric approach, he has guided affluent individuals and families through their complex wealth journeys for over four decades.
A graduate of Fordham University with a bachelor’s degree in Finance, Peter began his financial career in 1983. In 1995, he joined Smith Barney, a predecessor firm of Morgan Stanley, later co-founding The Sound Shore Group with Vincent Mancuso. Over the years, he has prioritized the development of his team members as much as his clients. He believes that when team members flourish, the entire client experience is elevated. This commitment has earned him numerous industry awards, including 2026 Barron's Top 1,500 Financial Advisors: State-by-State, Barron's Top 1,200 Financial Advisors from 2010 through 2025 and The Forbes Best-in-State Wealth Advisors from 2018 through 2026.
Throughout his career, Peter has sought to deliver highly-informed, strategic guidance to help clients address the full breadth of their wealth management needs. To bolster this commitment, he has secured various prestigious credentials, including a Certified Investment Management Analyst® designation from the Wharton School at the University of Pennsylvania, as well as Certified Financial Planner® and Certified Divorce Financial Analyst® designations. He also holds Morgan Stanley’s elite Family Wealth Director designation, which is held by about 5% of all advisors at the firm.*
As a partner of the Group that now advises on more than $4 billion in assets, Peter focuses on delivering personalized guidance and exceptional service to a wide range of affluent individuals and families.** While his client-centric approach revolves around the individual needs and aspirations of his clients, it is fueled by a commitment to help add value through innovative and cost-effective financial solutions. Having worked in this industry for multiple decades, he has steered clients through many challenging market environments, life events, and family scenarios. More than anything, he prides himself on being a trusted guide in times when his clients most need an objective resource to help keep them on track toward their goals.
Outside the office, Peter resides in Bedford Corners, NY with his wife, Rose Ann. Committed to philanthropy, Peter serves on the National Board of Directors and Executive Committee for Cooley’s Anemia Foundation, a not-for-profit charity helping patients battle a fatal blood disorder. He has testified before Congress and the FDA and is a frequent speaker about the disease. In 2022, the Invest in Others Foundation awarded him a lifetime achievement award for his charitable work. In his free time, Peter enjoys tending to his extensive organic garden and sharing the bounty with neighbors, friends, the local community center, and his growing family.
* As of 12/31/2023
** As of 12/31/2024
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.
2026 Barron's Top 1,500 Financial Advisors: State-by-State
Source: Barron's (Awarded March 2026) Data compiled by Barron's based for the period October 2024–Sept 2025.
2010-2025 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com 2010-2025. Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
2018-2026 Forbes Best-In- State Wealth Advisors
Source: Forbes.com 2018-2026. Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award. Please refer to important criteria and methodology at the end of this material.
Securities Agent: NV, ID, VT, OH, MS, MN, MD, KY, IN, AR, AL, NM, NH, NE, LA, WI, VA, RI, NJ, GA, TX, HI, FL, CO, PA, OR, NC, MT, AZ, WY, ME, MA, IA, WA, SC, MO, CA, WV, DE, DC, SD, TN, MI, IL, CT, UT, NY; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 175821
NMLS#: 175821
About Vincent Mancuso
Vincent Mancuso, CRPS®
Vincent Mancuso is a Managing Director, Wealth Management, Financial Advisor, Senior Portfolio Management Director, Family Wealth Director, and Lending Specialist with The Sound Shore Wealth Management Group at Morgan Stanley. With over 28 years of experience, he has devoted his entire career to guiding executives, business owners, and families through the many financial decisions that stand between them and their most important life goals.
Vincent holds a Bachelor of Science degree with a major in Finance from Babson College. Embarking on his financial career at Solomon Brothers in 1986, he has been with Morgan Stanley (previously Smith Barney) since 1997. Later, he co-founded the Sound Shore Group with Peter Chieco. As a partner of the Group that now advises on more than $4 billion in assets, Vincent focuses on delivering personalized guidance and exceptional service to a wide range of affluent individuals and families.* In 2010, he earned the Firm’s Family Wealth Director certificate, a prestigious designation held by about 5% of all Morgan Stanley Advisors.** Over the years, Vincent has received numerous industry accolades, including Forbes' Best in State Advisor from 2018 to 2026 and a spot on Barron's list of Top 1,200 Financial Advisors in 2022, 2024 & 2025. Most recently Vincent was named to the 2026 Barron's Top 1,500 Financial Advisors: State-by-State.
Working with a variety of affluent individuals and families, Vincent provides comprehensive wealth management guidance to help clients simplify their financial lives and achieve their goals. His knowledge and experience spans complex retirement planning, trust and estate planning strategies, risk and asset management, as well as lending and insurance.
Discovery is the cornerstone of Vincent’s meticulous approach because he recognizes that each client situation is too unique to fit into a preformulated strategy. Moreover, he believes that discovery shouldn’t be a one-time process, but instead should be a never-ending endeavor. Vincent’s believes that true financial success lies in an ongoing relationship, where clients are not just names on documents, but individuals and families on a journey to help realize their financial aspirations.
Vincent also currently serves on Morgan Stanley's National Financial Advisor Advisory Council (FAAC), where he collaborates with senior management on strategic initiatives for the benefit of the Firm, colleagues, and clients.
Outside of the office, Vincent is dedicated to giving back to his community. A former hockey player, he now serves on the Executive Committee of the hockey program at Avon Old Farms School in Connecticut. Additionally, Vincent serves as the Vice President of the Cooley's Anemia Foundation for the Westchester Rockland Chapter, and from 1999-2019 served as the organization’s Treasurer.
* As of 12/31/2024
** As of 20/30/2023
2026 Barron's Top 1,500 Financial Advisors: State-by-State
Source: Barron's (Awarded March 2026) Data compiled by Barron's based for the period October 2024–Sept 2025.
2022-2025 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com 2010-2025. Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
2018-2026 Forbes Best-In- State Wealth Advisors
Source: Forbes.com 2018-2026. Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award. Please refer to important criteria and methodology at the end of this material.
Vincent Mancuso is a Managing Director, Wealth Management, Financial Advisor, Senior Portfolio Management Director, Family Wealth Director, and Lending Specialist with The Sound Shore Wealth Management Group at Morgan Stanley. With over 28 years of experience, he has devoted his entire career to guiding executives, business owners, and families through the many financial decisions that stand between them and their most important life goals.
Vincent holds a Bachelor of Science degree with a major in Finance from Babson College. Embarking on his financial career at Solomon Brothers in 1986, he has been with Morgan Stanley (previously Smith Barney) since 1997. Later, he co-founded the Sound Shore Group with Peter Chieco. As a partner of the Group that now advises on more than $4 billion in assets, Vincent focuses on delivering personalized guidance and exceptional service to a wide range of affluent individuals and families.* In 2010, he earned the Firm’s Family Wealth Director certificate, a prestigious designation held by about 5% of all Morgan Stanley Advisors.** Over the years, Vincent has received numerous industry accolades, including Forbes' Best in State Advisor from 2018 to 2026 and a spot on Barron's list of Top 1,200 Financial Advisors in 2022, 2024 & 2025. Most recently Vincent was named to the 2026 Barron's Top 1,500 Financial Advisors: State-by-State.
Working with a variety of affluent individuals and families, Vincent provides comprehensive wealth management guidance to help clients simplify their financial lives and achieve their goals. His knowledge and experience spans complex retirement planning, trust and estate planning strategies, risk and asset management, as well as lending and insurance.
Discovery is the cornerstone of Vincent’s meticulous approach because he recognizes that each client situation is too unique to fit into a preformulated strategy. Moreover, he believes that discovery shouldn’t be a one-time process, but instead should be a never-ending endeavor. Vincent’s believes that true financial success lies in an ongoing relationship, where clients are not just names on documents, but individuals and families on a journey to help realize their financial aspirations.
Vincent also currently serves on Morgan Stanley's National Financial Advisor Advisory Council (FAAC), where he collaborates with senior management on strategic initiatives for the benefit of the Firm, colleagues, and clients.
Outside of the office, Vincent is dedicated to giving back to his community. A former hockey player, he now serves on the Executive Committee of the hockey program at Avon Old Farms School in Connecticut. Additionally, Vincent serves as the Vice President of the Cooley's Anemia Foundation for the Westchester Rockland Chapter, and from 1999-2019 served as the organization’s Treasurer.
* As of 12/31/2024
** As of 20/30/2023
2026 Barron's Top 1,500 Financial Advisors: State-by-State
Source: Barron's (Awarded March 2026) Data compiled by Barron's based for the period October 2024–Sept 2025.
2022-2025 Barron's Top 1,200 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,000 Financial Advisors: State-by-State)
Source: Barrons.com 2010-2025. Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
2018-2026 Forbes Best-In- State Wealth Advisors
Source: Forbes.com 2018-2026. Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award. Please refer to important criteria and methodology at the end of this material.
Securities Agent: KY, MI, WV, MN, ME, IN, AZ, SC, MT, IA, CT, VA, TX, NE, MS, MO, MA, CO, HI, WA, NH, ID, GA, VT, NV, LA, IL, DC, CA, UT, SD, PA, AR, WI, OH, NJ, NC, MD, FL, DE, WY, RI, OR, AL, TN, NY; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 175605
NMLS#: 175605
About Richard A Lybarger
Richard Lybarger is a Senior Vice President, Wealth Management, Financial Advisor, and Family Wealth Advisor with The Sound Shore Wealth Management Group at Morgan Stanley. For over two decades, he has been dedicated to empowering clients with comprehensive financial strategies to help them realize their most important life aspirations.
A graduate of Shippensburg University with a Bachelor of Science degree in Public Administration, Richard first entered the financial industry in 1995. Joining Morgan Stanley two years later, he has dedicated 27 years of service to his clients at the firm. Through his career, he has been dedicated to ongoing learning and education, embodying the principle that knowledge is the key to delivering the best possible financial guidance. His pursuit of the Certified Financial Planner™ designation represents a significant milestone in this commitment, demonstrating his resolve to stay at the forefront of industry advancements and provide clients with forward-thinking financial strategies.
Rick guides his clients across a broad spectrum of needs, including retirement planning, college planning, asset allocation, cash flow management, and family wealth transfers. His approach is founded on the belief that wealth should serve a purpose beyond mere accumulation; it should empower individuals to achieve their life goals. He sees his greatest strength as his ability to listen attentively to his clients - by understanding their unique aspirations, worries, and family dynamics, he is able to build personalized wealth strategies that help them realize their most important life goals. It's this client-centered approach, enriched by years of experience, that has allowed Rick to develop deep relationships that have endured over decades, through turns in the market, and even across generations.
Outside the office, Rick values quality time with his family, including his three children: Olivia, Luke, and Sophia. Committed to education and service, Rick mentors business students at Susquehanna University and serves as a Board Member for the Susquehanna Valley Community Giving Foundation. In addition, Rick provides coaching in stress reduction, breath, meditation, and energy healing. In his free time, he enjoys enjoying hiking, skiing, and paddleboarding. In June 2024, Richard conquered new heights by climbing Mt. Baker in Washington, a testament to his determination and commitment to personal growth.
A graduate of Shippensburg University with a Bachelor of Science degree in Public Administration, Richard first entered the financial industry in 1995. Joining Morgan Stanley two years later, he has dedicated 27 years of service to his clients at the firm. Through his career, he has been dedicated to ongoing learning and education, embodying the principle that knowledge is the key to delivering the best possible financial guidance. His pursuit of the Certified Financial Planner™ designation represents a significant milestone in this commitment, demonstrating his resolve to stay at the forefront of industry advancements and provide clients with forward-thinking financial strategies.
Rick guides his clients across a broad spectrum of needs, including retirement planning, college planning, asset allocation, cash flow management, and family wealth transfers. His approach is founded on the belief that wealth should serve a purpose beyond mere accumulation; it should empower individuals to achieve their life goals. He sees his greatest strength as his ability to listen attentively to his clients - by understanding their unique aspirations, worries, and family dynamics, he is able to build personalized wealth strategies that help them realize their most important life goals. It's this client-centered approach, enriched by years of experience, that has allowed Rick to develop deep relationships that have endured over decades, through turns in the market, and even across generations.
Outside the office, Rick values quality time with his family, including his three children: Olivia, Luke, and Sophia. Committed to education and service, Rick mentors business students at Susquehanna University and serves as a Board Member for the Susquehanna Valley Community Giving Foundation. In addition, Rick provides coaching in stress reduction, breath, meditation, and energy healing. In his free time, he enjoys enjoying hiking, skiing, and paddleboarding. In June 2024, Richard conquered new heights by climbing Mt. Baker in Washington, a testament to his determination and commitment to personal growth.
Securities Agent: ID, DC, MN, MA, AZ, SC, NY, ME, HI, UT, NJ, CT, AL, WY, WV, WA, RI, NV, NC, LA, OR, MS, WI, MT, TX, IL, GA, OH, IA, SD, VA, TN, NE, MO, FL, DE, CO, CA, VT, PA, NH, MI, MD, KY, IN; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1290531
NMLS#: 1290531
About Kristin Alit
Kristin Alit
Kristin Alit is a First Vice President and Financial Advisor with The Sound Shore Wealth Management Group at Morgan Stanley. For over two decades, she has served as a steadfast guide for ultra-high net worth clients, helping them navigate complex financial decisions, prepare for major life transitions, and cement their family legacies.
A graduate of Southern New Hampshire University, Kristin began her financial career in 1996 at Northwestern Mutual Life. In 2005, she joined Morgan Stanley, bringing with her an intensive client-centric approach that has fostered relationships spanning two and even three generations. This underscores her belief in fostering deep connections based on trust and accountability, and her commitment to adaptability in the ever-evolving world of financial markets. She champions the concept of lifelong learning and stays at the forefront of industry advancements in order to help provide her clients with the most up-to-date and comprehensive financial guidance.
Committed to addressing the intricate needs of ultra-high net worth clients and their families, Kristin’s role extends far beyond conventional financial advisory. Along with foundational wealth management strategies such as financial planning, tax efficiency, and portfolio management — Kristin also brings added layers of knowledge and experience to her practice geared toward the unique needs of her clientele. Over the years, she has empowered clients to establish philanthropic foundations that help them make a meaningful and lasting impact on the causes they hold dear while minimizing their tax liability. And in the realm of estate planning strategies, she has helped clients build legacies that align with their family values and account for complicated family dynamics. Put simply, she is committed to being a lifelong advisor in their financial journey.
Outside the office, Kristin enjoys spending time with her family, cherishing moments with her spouse, Scott, and their children, John and Gabby. She is an active member of Ladies in Finance Today (LIFT), an advocacy group for women's empowerment within the field. She is also committed to her local community, actively participating in the local Lacrosse Booster Club and volunteering at her children's school.
Kristin Alit is a First Vice President and Financial Advisor with The Sound Shore Wealth Management Group at Morgan Stanley. For over two decades, she has served as a steadfast guide for ultra-high net worth clients, helping them navigate complex financial decisions, prepare for major life transitions, and cement their family legacies.
A graduate of Southern New Hampshire University, Kristin began her financial career in 1996 at Northwestern Mutual Life. In 2005, she joined Morgan Stanley, bringing with her an intensive client-centric approach that has fostered relationships spanning two and even three generations. This underscores her belief in fostering deep connections based on trust and accountability, and her commitment to adaptability in the ever-evolving world of financial markets. She champions the concept of lifelong learning and stays at the forefront of industry advancements in order to help provide her clients with the most up-to-date and comprehensive financial guidance.
Committed to addressing the intricate needs of ultra-high net worth clients and their families, Kristin’s role extends far beyond conventional financial advisory. Along with foundational wealth management strategies such as financial planning, tax efficiency, and portfolio management — Kristin also brings added layers of knowledge and experience to her practice geared toward the unique needs of her clientele. Over the years, she has empowered clients to establish philanthropic foundations that help them make a meaningful and lasting impact on the causes they hold dear while minimizing their tax liability. And in the realm of estate planning strategies, she has helped clients build legacies that align with their family values and account for complicated family dynamics. Put simply, she is committed to being a lifelong advisor in their financial journey.
Outside the office, Kristin enjoys spending time with her family, cherishing moments with her spouse, Scott, and their children, John and Gabby. She is an active member of Ladies in Finance Today (LIFT), an advocacy group for women's empowerment within the field. She is also committed to her local community, actively participating in the local Lacrosse Booster Club and volunteering at her children's school.
Securities Agent: MS, CA, SD, PA, IN, CT, WY, NM, NH, MN, ME, IL, SC, NY, DE, AL, WI, UT, NV, MT, GA, DC, WA, OR, NE, NC, MA, LA, KY, FL, CO, VA, TX, IA, TN, MD, HI, VT, OH, MO, ID, MI, KS, AZ, AR, WV, RI, NJ; General Securities Representative; Investment Advisor Representative
NMLS#: 2362408
NMLS#: 2362408
About Hal Rubenstein
Hal Rubenstein
Hal Rubenstein is a Senior Vice President, Financial Advisor, and Portfolio Management Director with The Sound Shore Wealth Management Group at Morgan Stanley. With a career spanning four decades, he combines seasoned knowledge, experience and a research-backed approach to his management of investments.
Hal's career in finance began after earning his bachelor degree in Mass Communications from the University of Miami. He first entered the industry as an advisor at Prudential-Bache (now Wells Fargo) in 1983. In 2005, he joined Morgan Stanley, seeking to enhance his offering to clients with the resources of a global leader in wealth management. After nearly a decade at the firm, he brought his substantial experience in money management and investment strategies to The Sound Shore Group.
As a Financial Advisor and Senior Portfolio Management Director, Hal takes pride in equipping clients with a well-rounded approach to wealth management, tailored to their specific financial needs and personal aspirations. That's why he offers discretionary investment management services, combining both proprietary passive and active investment strategies to help his clients cover their bases and goals. That said, Hal’s commitment to his clients goes beyond numbers; he is always available to answer questions, address concerns, and help the next generation develop healthy financial habits. This deep dedication forms the bedrock of the long-lasting relationships he has cultivated over the years, with many of his clients having been with him for more than three decades.
Outside of work, Hal and his wife, Kate, have called Greenwich, CT home since 1991. Their daughter, Julie, currently works for Big Society Capital, the UK's leading social impact investors, where she also received her Master’s at the London School of Economics. Avid travelers, they visit as often as they can. In his free time, Hal enjoys getting outdoors with the family’s cockapoo, Millie. He is an avid golfer and a passionate reader of research, and he is also a member of the Millbrook Club. Committed to philanthropy, Hal is a proud supporter of the Cooley's Anemia Foundation.
Hal Rubenstein is a Senior Vice President, Financial Advisor, and Portfolio Management Director with The Sound Shore Wealth Management Group at Morgan Stanley. With a career spanning four decades, he combines seasoned knowledge, experience and a research-backed approach to his management of investments.
Hal's career in finance began after earning his bachelor degree in Mass Communications from the University of Miami. He first entered the industry as an advisor at Prudential-Bache (now Wells Fargo) in 1983. In 2005, he joined Morgan Stanley, seeking to enhance his offering to clients with the resources of a global leader in wealth management. After nearly a decade at the firm, he brought his substantial experience in money management and investment strategies to The Sound Shore Group.
As a Financial Advisor and Senior Portfolio Management Director, Hal takes pride in equipping clients with a well-rounded approach to wealth management, tailored to their specific financial needs and personal aspirations. That's why he offers discretionary investment management services, combining both proprietary passive and active investment strategies to help his clients cover their bases and goals. That said, Hal’s commitment to his clients goes beyond numbers; he is always available to answer questions, address concerns, and help the next generation develop healthy financial habits. This deep dedication forms the bedrock of the long-lasting relationships he has cultivated over the years, with many of his clients having been with him for more than three decades.
Outside of work, Hal and his wife, Kate, have called Greenwich, CT home since 1991. Their daughter, Julie, currently works for Big Society Capital, the UK's leading social impact investors, where she also received her Master’s at the London School of Economics. Avid travelers, they visit as often as they can. In his free time, Hal enjoys getting outdoors with the family’s cockapoo, Millie. He is an avid golfer and a passionate reader of research, and he is also a member of the Millbrook Club. Committed to philanthropy, Hal is a proud supporter of the Cooley's Anemia Foundation.
Securities Agent: NH, KY, MS, TN, MD, ID, IA, FL, WV, SC, RI, OR, UT, IL, GA, WA, VT, MN, MI, IN, WI, SD, PA, OH, NV, MO, HI, CT, NM, NC, ME, MA, CA, TX, NJ, NE, DE, WY, VA, DC, CO, AZ, AL, LA, NY, MT; General Securities Representative; Investment Advisor Representative
NMLS#: 1805345
NMLS#: 1805345
About John Ruggiero
JC Ruggiero, CRPC®
JC Ruggiero is a Financial Advisor, Senior Portfolio Manager, and Financial Planning Specialist with The Sound Shore Wealth Management Group at Morgan Stanley. With knowledge and experience spanning financial planning, alternative investments, and Next-Generation education, he helps clients build and secure their family legacies.
A graduate of Ithaca College with a Bachelor of Science in Business Administration and Finance, JC began his career in the financial industry as part of the Wealth Advisor Associate program at Morgan Stanley. In this role, he set the foundation for his career, constructing comprehensive financial plans for clients of advisors throughout the firm’s complex. Since then, JC has earned numerous designations and certifications that speak to his investment expertise and comprehensive wealth management skillset. One of the most rigorous is his Chartered Retirement Planning Counselor (CRPC®), a designation that reflects his advanced training in retirement planning, retirement income strategies, Social Security, and other aspects related to retirement such as estate planning strategies.
At the core of JC’s practice is financial planning, a process which helps his clients create a structure for sound financial decision-making and long-term goal attainment. As a Portfolio Manager, JC is able to customize investment strategies to seamlessly align with clients’ larger financial plans. Moreover, his proficiency in alternative investments — coupled with Morgan Stanley’s world-class Alts platform — grants clients access to a range of non-correlated investment opportunities. At the end of the day, JC recognizes that for many clients, wealth has less to do with portfolio performance than with family security. That’s why he places significant emphasis on Next-Generation education and management, helping clients' and their families build lasting legacies.
Beyond his professional endeavors, JC cherishes moments with his family and is passionate about golf. Just as he is dedicated to serving his clients, he also contributes to his local community through volunteer work with Answer the Call, a nonprofit that helps widows and children of fallen New York Police Officers and Fire Fighters.
JC Ruggiero is a Financial Advisor, Senior Portfolio Manager, and Financial Planning Specialist with The Sound Shore Wealth Management Group at Morgan Stanley. With knowledge and experience spanning financial planning, alternative investments, and Next-Generation education, he helps clients build and secure their family legacies.
A graduate of Ithaca College with a Bachelor of Science in Business Administration and Finance, JC began his career in the financial industry as part of the Wealth Advisor Associate program at Morgan Stanley. In this role, he set the foundation for his career, constructing comprehensive financial plans for clients of advisors throughout the firm’s complex. Since then, JC has earned numerous designations and certifications that speak to his investment expertise and comprehensive wealth management skillset. One of the most rigorous is his Chartered Retirement Planning Counselor (CRPC®), a designation that reflects his advanced training in retirement planning, retirement income strategies, Social Security, and other aspects related to retirement such as estate planning strategies.
At the core of JC’s practice is financial planning, a process which helps his clients create a structure for sound financial decision-making and long-term goal attainment. As a Portfolio Manager, JC is able to customize investment strategies to seamlessly align with clients’ larger financial plans. Moreover, his proficiency in alternative investments — coupled with Morgan Stanley’s world-class Alts platform — grants clients access to a range of non-correlated investment opportunities. At the end of the day, JC recognizes that for many clients, wealth has less to do with portfolio performance than with family security. That’s why he places significant emphasis on Next-Generation education and management, helping clients' and their families build lasting legacies.
Beyond his professional endeavors, JC cherishes moments with his family and is passionate about golf. Just as he is dedicated to serving his clients, he also contributes to his local community through volunteer work with Answer the Call, a nonprofit that helps widows and children of fallen New York Police Officers and Fire Fighters.
Securities Agent: GA, DC, SD, WY, WI, OR, NH, MN, KY, ID, HI, DE, UT, OH, NE, MT, MS, MO, CT, WV, PA, NY, NV, NC, LA, CA, AL, WA, TX, RI, TN, IN, IL, ME, MA, VT, NJ, FL, CO, AZ, VA, SC, MI, MD, IA; General Securities Representative; Investment Advisor Representative
NMLS#: 2115906
NMLS#: 2115906
About Roger Marment
Roger Marment
Roger Marment is a Senior Vice President, Wealth Management and Financial Advisor with The Sound Shore Wealth Management Group at Morgan Stanley. With a career spanning wealth management, law, and entrepreneurship, Roger provides a range of knowledge and experience to help his clients address their most complex financial decisions.
After receiving his undergraduate degree from the University of Kent in the United Kingdom, Roger earned an honors degree in law, completing his legal training at the College of Law in Chester. In 1987, he began his career as an attorney (not-practicing at Morgan Stanley) with Slaughter and May in London, England. In 1996, he established his own sports marketing company, which he ran as CEO before selling the firm to the Interpublic Group. In the wake of the sale, Roger went on to serve as Executive Vice President and Head of World Wrestling Entertainment’s international division from 2001 until 2004.
Making the transition to wealth management, Roger served as a Partner with Algonquin Advisors, an investment advisory firm in Greenwich, later joining JPMorgan Private Bank as a Senior Vice President. In 2010, Roger became a Director at Citi Private Bank in Greenwich, where he managed relationships with entrepreneurs, active and former CEOs, hedge and private equity fund principals, foundations and not-for-profit organizations. He joined Morgan Stanley in 2016.
With the Sound Shore Group, Roger focuses on addressing the comprehensive financial needs of high net worth clients and their families. For executives and entrepreneurs with concentrated stock positions, Roger helps retool their investment strategy with a nuanced approach to risk management and wealth preservation. However, his guidance goes beyond clients’ portfolios. He is also well-versed in navigating liquidity events, lending options, and inter-generational wealth transfers. Roger understands that wealth is not merely a figure on a balance sheet, but a means to help achieve cherished life goals and provide for future generations. He is committed to building lasting relationships with his clients, acting as a trusted advisor who helps them navigate the complexities of their financial landscapes and build true family legacies.
Beyond his professional life, Roger resides in Stamford, CT with wife, Ellen, and three sons: Will, Peter, and Colin. He supports his community through various philanthropic endeavors and has served on the board of Innis Arden Golf Club. In his free time, he also coaches adult and youth soccer teams.
Roger Marment is a Senior Vice President, Wealth Management and Financial Advisor with The Sound Shore Wealth Management Group at Morgan Stanley. With a career spanning wealth management, law, and entrepreneurship, Roger provides a range of knowledge and experience to help his clients address their most complex financial decisions.
After receiving his undergraduate degree from the University of Kent in the United Kingdom, Roger earned an honors degree in law, completing his legal training at the College of Law in Chester. In 1987, he began his career as an attorney (not-practicing at Morgan Stanley) with Slaughter and May in London, England. In 1996, he established his own sports marketing company, which he ran as CEO before selling the firm to the Interpublic Group. In the wake of the sale, Roger went on to serve as Executive Vice President and Head of World Wrestling Entertainment’s international division from 2001 until 2004.
Making the transition to wealth management, Roger served as a Partner with Algonquin Advisors, an investment advisory firm in Greenwich, later joining JPMorgan Private Bank as a Senior Vice President. In 2010, Roger became a Director at Citi Private Bank in Greenwich, where he managed relationships with entrepreneurs, active and former CEOs, hedge and private equity fund principals, foundations and not-for-profit organizations. He joined Morgan Stanley in 2016.
With the Sound Shore Group, Roger focuses on addressing the comprehensive financial needs of high net worth clients and their families. For executives and entrepreneurs with concentrated stock positions, Roger helps retool their investment strategy with a nuanced approach to risk management and wealth preservation. However, his guidance goes beyond clients’ portfolios. He is also well-versed in navigating liquidity events, lending options, and inter-generational wealth transfers. Roger understands that wealth is not merely a figure on a balance sheet, but a means to help achieve cherished life goals and provide for future generations. He is committed to building lasting relationships with his clients, acting as a trusted advisor who helps them navigate the complexities of their financial landscapes and build true family legacies.
Beyond his professional life, Roger resides in Stamford, CT with wife, Ellen, and three sons: Will, Peter, and Colin. He supports his community through various philanthropic endeavors and has served on the board of Innis Arden Golf Club. In his free time, he also coaches adult and youth soccer teams.
Securities Agent: CA, UT, NC, AL, WY, WA, VT, TX, OH, MT, MA, LA, AZ, WI, RI, NJ, IN, CO, MO, MN, ME, DE, NH, IL, WV, VA, KY, HI, GA, FL, OR, NV, TN, NY, MI, IA, DC, CT, MS, MD, SD, SC, PA, NE, ID; General Securities Representative; Investment Advisor Representative
NMLS#: 541349
NMLS#: 541349
About Maria Merrill
Maria Merrill
Maria Merrill is a Private Wealth Advisor with The Sound Shore Wealth Management Group at Morgan Stanley. With nearly two decades of financial experience spanning wealth management and investment banking, Maria’s career has been marked by her dedication to helping entrepreneurs and affluent families achieve their financial and life goals.
After earning a bachelor of arts degree in Economics and Political Science from Wellesley College, Maria went on to earn her Master of Business Administration in Finance from The Wharton School at the University of Pennsylvania. Her distinguished financial career began when she joined JP Morgan Chase as an analyst in 1992. Going on to serve at several prestigious financial institutions, she joined Banque Paribas in 1994, and later Goldman Sachs as a Vice President in Leveraged Finance. In 2001, she joined The Royal Bank of Scotland and served as a Managing Director in Investment Banking. Since 2020, she has been an integral part of the Morgan Stanley team, where she brings her distinguished experience to bear as a Private Wealth Advisor.
Maria plays a pivotal role in helping her clients prepare for life milestones and achieve their financial goals. Leveraging her deep knowledge of both investment banking and wealth management, she is equipped to guide entrepreneurs and affluent families at every stage of their wealth journey. Across financial planning and investment strategy, Maria works to identify tax-efficient strategies that help her clients to preserve wealth. Additionally, she brings a distinctive focus on wealth management for professional women facing life transitions; and she prides herself on providing trustworthy, purposeful, and diligent guidance to help empower them to work toward their financial goals with confidence.
Outside the office, Maria lives with her husband, John, and their children in Old Greenwich, Connecticut, a town she has called home since the age of 9. Passionate about community involvement, she serves on the Executive Committee of the Board of Directors of the Greenwich YWCA, as well as the Board of the Greenwich Scholarship Association. Dedicated to education, she is also active with Greenwich Public Schools' Distinguished Teacher Committee. During her free time, Maria enjoys hiking, kayaking, and paddleboarding, often with her family and their labradoodle, Pippa. She's also an active member of Innis Arden Golf Club and Rocky Point Club.
Maria Merrill is a Private Wealth Advisor with The Sound Shore Wealth Management Group at Morgan Stanley. With nearly two decades of financial experience spanning wealth management and investment banking, Maria’s career has been marked by her dedication to helping entrepreneurs and affluent families achieve their financial and life goals.
After earning a bachelor of arts degree in Economics and Political Science from Wellesley College, Maria went on to earn her Master of Business Administration in Finance from The Wharton School at the University of Pennsylvania. Her distinguished financial career began when she joined JP Morgan Chase as an analyst in 1992. Going on to serve at several prestigious financial institutions, she joined Banque Paribas in 1994, and later Goldman Sachs as a Vice President in Leveraged Finance. In 2001, she joined The Royal Bank of Scotland and served as a Managing Director in Investment Banking. Since 2020, she has been an integral part of the Morgan Stanley team, where she brings her distinguished experience to bear as a Private Wealth Advisor.
Maria plays a pivotal role in helping her clients prepare for life milestones and achieve their financial goals. Leveraging her deep knowledge of both investment banking and wealth management, she is equipped to guide entrepreneurs and affluent families at every stage of their wealth journey. Across financial planning and investment strategy, Maria works to identify tax-efficient strategies that help her clients to preserve wealth. Additionally, she brings a distinctive focus on wealth management for professional women facing life transitions; and she prides herself on providing trustworthy, purposeful, and diligent guidance to help empower them to work toward their financial goals with confidence.
Outside the office, Maria lives with her husband, John, and their children in Old Greenwich, Connecticut, a town she has called home since the age of 9. Passionate about community involvement, she serves on the Executive Committee of the Board of Directors of the Greenwich YWCA, as well as the Board of the Greenwich Scholarship Association. Dedicated to education, she is also active with Greenwich Public Schools' Distinguished Teacher Committee. During her free time, Maria enjoys hiking, kayaking, and paddleboarding, often with her family and their labradoodle, Pippa. She's also an active member of Innis Arden Golf Club and Rocky Point Club.
Securities Agent: DC, PA, GA, CA, ID, FL, WI, VA, IA, IL, WY, WV, WA, MN, MD, KY, IN, DE, AL, TX, ME, CO, AZ, VT, UT, RI, NY, NV, MI, LA, NJ, NE, NC, MO, SC, OR, NH, MT, MA, HI, CT, SD, TN, OH, MS; General Securities Representative; Investment Advisor Representative
NMLS#: 2115911
NMLS#: 2115911
About Antonio Debarros, CFA
Antonio Debarros, CFA
Antonio Debarros is a Director of Investments with The Sound Shore Wealth Management Group at Morgan Stanley. As a Chartered Financial Analyst with two decades of investment experience, Antonio oversees the team's investments.
A Magna Cum Laude graduate of Manhattanville College, Antonio has spent his entire career with the Sound Shore Group. He started as an intern in 2005 while earning his degree in Finance and joined full-time the following year. In addition to Series 7, 31, 66, and Insurance licenses, Antonio also holds the prestigious Chartered Financial Analyst® designation, a globally recognized credential that attests to his advanced proficiency in financial analysis, portfolio management, and investment research. The CFA designation underscores not just his mastery of complex financial concepts and quantitative methods, but also his commitment to the highest level of professional competence and integrity in the financial industry.
As the team’s Director of Investments, Antonio’s responsibilities span the entire investment spectrum, from in-depth analysis and investment research to asset allocation decisions, investment selection, ongoing monitoring, account rebalancing, trading, and tax management. His meticulous approach is evident in the management of over 2,000 discretionary accounts. While each account is founded on clients’ unique needs, goals, and risk tolerance, all are driven by Antonio’s discerning eye for market trends, his skill in executing strategic trades, and his unwavering dedication to helping maximize returns and minimize risks. While his experience in stock and fixed-income trading has been a linchpin of his success, Antonio’s approach also centers on transparency and communication. Beyond quarterly performance reviews, he makes himself available to meet with clients and thoroughly address their questions.
Outside the office, Antonio resides in North Salem, NY, with his beloved family, including his wife, Elissa, and their sons Jake and Logan. He places a high premium on quality family time, relishing moments of togetherness through travel adventures, soccer, and other outdoor activities.
Antonio Debarros is a Director of Investments with The Sound Shore Wealth Management Group at Morgan Stanley. As a Chartered Financial Analyst with two decades of investment experience, Antonio oversees the team's investments.
A Magna Cum Laude graduate of Manhattanville College, Antonio has spent his entire career with the Sound Shore Group. He started as an intern in 2005 while earning his degree in Finance and joined full-time the following year. In addition to Series 7, 31, 66, and Insurance licenses, Antonio also holds the prestigious Chartered Financial Analyst® designation, a globally recognized credential that attests to his advanced proficiency in financial analysis, portfolio management, and investment research. The CFA designation underscores not just his mastery of complex financial concepts and quantitative methods, but also his commitment to the highest level of professional competence and integrity in the financial industry.
As the team’s Director of Investments, Antonio’s responsibilities span the entire investment spectrum, from in-depth analysis and investment research to asset allocation decisions, investment selection, ongoing monitoring, account rebalancing, trading, and tax management. His meticulous approach is evident in the management of over 2,000 discretionary accounts. While each account is founded on clients’ unique needs, goals, and risk tolerance, all are driven by Antonio’s discerning eye for market trends, his skill in executing strategic trades, and his unwavering dedication to helping maximize returns and minimize risks. While his experience in stock and fixed-income trading has been a linchpin of his success, Antonio’s approach also centers on transparency and communication. Beyond quarterly performance reviews, he makes himself available to meet with clients and thoroughly address their questions.
Outside the office, Antonio resides in North Salem, NY, with his beloved family, including his wife, Elissa, and their sons Jake and Logan. He places a high premium on quality family time, relishing moments of togetherness through travel adventures, soccer, and other outdoor activities.
About Catherine Maguire
Catherine Maguire
Catherine Maguire is a Senior Client Service Associate with The Sound Shore Wealth Management Group at Morgan Stanley. With a financial career spanning over 35 years, she helps elevate the client experience, ensuring client needs are met with the utmost care and dedication.
Before joining the Sound Shore Group, Catherine served as a Branch Administrator, among other vital roles, with Morgan Stanley’s branch in Greenwich, CT. Over the years, she has amassed a wealth of experience helping advisors and their clients overcome a wide variety of challenges. Today, she brings the full weight of that experience to bear, anticipating and addressing clients’ needs to help them enjoy a simplified financial life.
Catherine's role as a Senior Client Service Associate encompasses a wide array of responsibilities, each integral to the success of the team and the satisfaction of its clients. Her approach places a strong emphasis on active listening, creative problem-solving, and diligent execution. Whether she is addressing client questions, running account maintenance, or managing day-to-day operations, her end goal is to maintain and enhance the client service model that has come to define the entire Sound Shore Group. She believes that relationships can only deepen through personalized service and strives to help foster relationships that run generations deep.
Outside the office, Catherine is an avid reader and walker, and traveler who enjoys spending quality time with her family.
Catherine Maguire is a Senior Client Service Associate with The Sound Shore Wealth Management Group at Morgan Stanley. With a financial career spanning over 35 years, she helps elevate the client experience, ensuring client needs are met with the utmost care and dedication.
Before joining the Sound Shore Group, Catherine served as a Branch Administrator, among other vital roles, with Morgan Stanley’s branch in Greenwich, CT. Over the years, she has amassed a wealth of experience helping advisors and their clients overcome a wide variety of challenges. Today, she brings the full weight of that experience to bear, anticipating and addressing clients’ needs to help them enjoy a simplified financial life.
Catherine's role as a Senior Client Service Associate encompasses a wide array of responsibilities, each integral to the success of the team and the satisfaction of its clients. Her approach places a strong emphasis on active listening, creative problem-solving, and diligent execution. Whether she is addressing client questions, running account maintenance, or managing day-to-day operations, her end goal is to maintain and enhance the client service model that has come to define the entire Sound Shore Group. She believes that relationships can only deepen through personalized service and strives to help foster relationships that run generations deep.
Outside the office, Catherine is an avid reader and walker, and traveler who enjoys spending quality time with her family.
About Joseph Milano
Joseph Milano
Joseph Milano is a Senior Registered Associate with The Sound Shore Wealth Management Group at Morgan Stanley. With over 16 years of industry experience, Joseph focuses on providing exceptional client service with a focus on immediate and long-term financial objectives.
A graduate of Marist College with a Bachelor of Science degree in Criminal Justice, Joseph embarked on a career that has taken him through various roles in esteemed financial institutions. From 2007 through 2019, he served in relationship management roles at JPMorgan Chase, First Niagara Bank, and KeyBank. Joining Morgan Stanley in 2019, he brings a deep understanding of the financial landscape and a suite of tools to help clients navigate the ins and outs of wealth management. He holds numerous certifications such as Series 7, 66, 63, and CT and NY Insurance Licenses.
Working in tandem with the team, Joseph’s responsibilities encompass a wide spectrum of financial management, from the establishment of new accounts, to meticulous handling of daily cash management. As a Financial Planning Associate, he also brings knowledge in helping the team’s clients to both address immediate needs and adapt to changing landscapes without sacrificing long-term financial goals. Diligent, creative, and meticulous, Joseph is a passionate problem-solver who leaves no stone unturned in helping get clients the support they need, when they need it. He believes that strong and enduring relationships are the bedrock of successful financial planning. Each and every day, he works toward clients’ best interests, helping them navigate their financial journeys with confidence.
Outside of the financial world, Joseph enjoys spending time with family, including his wife, Melissa, their two sons, Nathan and Kevin, and their two rescue dogs. Joseph's passions include music, sports, and cars, and he finds great satisfaction in DIY projects and repairs.
Joseph Milano is a Senior Registered Associate with The Sound Shore Wealth Management Group at Morgan Stanley. With over 16 years of industry experience, Joseph focuses on providing exceptional client service with a focus on immediate and long-term financial objectives.
A graduate of Marist College with a Bachelor of Science degree in Criminal Justice, Joseph embarked on a career that has taken him through various roles in esteemed financial institutions. From 2007 through 2019, he served in relationship management roles at JPMorgan Chase, First Niagara Bank, and KeyBank. Joining Morgan Stanley in 2019, he brings a deep understanding of the financial landscape and a suite of tools to help clients navigate the ins and outs of wealth management. He holds numerous certifications such as Series 7, 66, 63, and CT and NY Insurance Licenses.
Working in tandem with the team, Joseph’s responsibilities encompass a wide spectrum of financial management, from the establishment of new accounts, to meticulous handling of daily cash management. As a Financial Planning Associate, he also brings knowledge in helping the team’s clients to both address immediate needs and adapt to changing landscapes without sacrificing long-term financial goals. Diligent, creative, and meticulous, Joseph is a passionate problem-solver who leaves no stone unturned in helping get clients the support they need, when they need it. He believes that strong and enduring relationships are the bedrock of successful financial planning. Each and every day, he works toward clients’ best interests, helping them navigate their financial journeys with confidence.
Outside of the financial world, Joseph enjoys spending time with family, including his wife, Melissa, their two sons, Nathan and Kevin, and their two rescue dogs. Joseph's passions include music, sports, and cars, and he finds great satisfaction in DIY projects and repairs.
About Christine Harsaghy
Christine joined Morgan Stanley in October 2005 following a successful tenure at Merrill Lynch. A fully licensed financial services professional holding Series 7, 63, and 65 registrations, she brings extensive industry knowledge and a strong commitment to delivering exceptional client service.
As Business Development Director, Christine plays a critical leadership role within the team, overseeing operations, advisor support, and client service initiatives. She manages the diverse practices and service models of the Financial Advisors, ensuring that client needs are met with efficiency, precision, and a consistently high standard of care. Christine is instrumental in developing and implementing strategies that enhance team productivity, streamline workflows, and support the continued growth of the practice.
A strong advocate for innovation, Christine leads the adoption of digital tools and process improvements designed to elevate the client experience while mitigating operational risk and reinforcing the firm's commitment to excellence. Serving as a primary point of contact for many long-standing client relationships, she is recognized for her responsiveness, attention to detail, and dedication to delivering outstanding service.
As Business Development Director, Christine plays a critical leadership role within the team, overseeing operations, advisor support, and client service initiatives. She manages the diverse practices and service models of the Financial Advisors, ensuring that client needs are met with efficiency, precision, and a consistently high standard of care. Christine is instrumental in developing and implementing strategies that enhance team productivity, streamline workflows, and support the continued growth of the practice.
A strong advocate for innovation, Christine leads the adoption of digital tools and process improvements designed to elevate the client experience while mitigating operational risk and reinforcing the firm's commitment to excellence. Serving as a primary point of contact for many long-standing client relationships, she is recognized for her responsiveness, attention to detail, and dedication to delivering outstanding service.
About Sally Bedus, CFP®
Sally Bedus
Sally Bedus is a Registered Client Service Associate with The Sound Shore Wealth Management Group at Morgan Stanley. With experience that spans multiple facets of the financial industry, Sally has developed a keen understanding of the importance of personalized client service.
With a Bachelor of Science degree in International Trade and Marketing from the Fashion Institute of Technology (FIT), Sally began her financial career in 2020 as a Financial Representative at Northwestern Mutual. It was during this time that she discovered her genuine enjoyment of helping individuals and their families with their financial needs. In 2021, she continued to broaden her financial experience when she joined Morgan Stanley. Coming on board with the Sound Shore Group six months later, she holds Series 7,66, and Life and Health (LAH) insurance licenses.
With the team, Sally is responsible for managing the daily operations crucial to a seamless client experience. She believes in the power of personalized support, and strives to make a meaningful impact on the lives of clients and their families — whether through swift responsiveness to inquiries, meticulous account management, or close guidance throughout the client onboarding process. It is her attention to small details, matched by her proactive follow-up, that helps ensure no client concern falls through the cracks. At the end of the day, Sally sees her work as an extension of the unwavering dedication of The Sound Shore Group: to foster lifelong client relationships built on trust, reliability, and exceptional service.
Beyond her professional life, Sally enjoys spending quality time with family and friends, and staying active through her participation in the Nike run club. Her passion for coffee is matched only by her love of dogs.
Sally Bedus is a Registered Client Service Associate with The Sound Shore Wealth Management Group at Morgan Stanley. With experience that spans multiple facets of the financial industry, Sally has developed a keen understanding of the importance of personalized client service.
With a Bachelor of Science degree in International Trade and Marketing from the Fashion Institute of Technology (FIT), Sally began her financial career in 2020 as a Financial Representative at Northwestern Mutual. It was during this time that she discovered her genuine enjoyment of helping individuals and their families with their financial needs. In 2021, she continued to broaden her financial experience when she joined Morgan Stanley. Coming on board with the Sound Shore Group six months later, she holds Series 7,66, and Life and Health (LAH) insurance licenses.
With the team, Sally is responsible for managing the daily operations crucial to a seamless client experience. She believes in the power of personalized support, and strives to make a meaningful impact on the lives of clients and their families — whether through swift responsiveness to inquiries, meticulous account management, or close guidance throughout the client onboarding process. It is her attention to small details, matched by her proactive follow-up, that helps ensure no client concern falls through the cracks. At the end of the day, Sally sees her work as an extension of the unwavering dedication of The Sound Shore Group: to foster lifelong client relationships built on trust, reliability, and exceptional service.
Beyond her professional life, Sally enjoys spending quality time with family and friends, and staying active through her participation in the Nike run club. Her passion for coffee is matched only by her love of dogs.
About Claudia Byrne
Claudia Byrne
Claudia Byrne is a Portfolio Associate with The Sound Shore Wealth Management Group at Morgan Stanley. With 20 years of financial experience, she brings a diligent approach and dynamic skillset to her role delivering exceptional service to clients and their families.
In her role, she goes above and beyond to help provide an elevated client experience. Claudia strives to anticipate and understand her clients' needs, and find creative solutions to help them feel confident about their financial future and enjoy their lives. Her responsibilities span many different facets of wealth management—from helping clients open new accounts and troubleshoot firm technology to addressing cash management needs with precision and efficiency. To achieve this, Claudia leverages her diverse background in retail banking, domestic and international investment banking, and commodities. Her overarching goal is to be a versatile, effective resource that supports clients and her team members whenever they need assistance.
A graduate of the Federal University of Santa Catarina in Brazil with a Bachelor of Science degree in Business Administration, she’s held roles at various prestigious financial institutions. From 2008-2013, she served as a trade assistant on Société Générale’s commodities desk, focusing on cocoa, coffee and sugar. She then transitioned to UBS in 2014, where she honed her client service skillset before finding her professional home at Morgan Stanley in 2016.
Outside the office, Claudia enjoys spending time with her husband (Geoff), two daughters (Hailey and Emily) and their beloved dog (Milo) who is the biggest football fan in the family. Geoff has served as a NYPD sergeant since 2006, and currently works for the 48th Precinct in the Bronx. Claudia also treasures travelling and exploring new places with family and friends.
Claudia Byrne is a Portfolio Associate with The Sound Shore Wealth Management Group at Morgan Stanley. With 20 years of financial experience, she brings a diligent approach and dynamic skillset to her role delivering exceptional service to clients and their families.
In her role, she goes above and beyond to help provide an elevated client experience. Claudia strives to anticipate and understand her clients' needs, and find creative solutions to help them feel confident about their financial future and enjoy their lives. Her responsibilities span many different facets of wealth management—from helping clients open new accounts and troubleshoot firm technology to addressing cash management needs with precision and efficiency. To achieve this, Claudia leverages her diverse background in retail banking, domestic and international investment banking, and commodities. Her overarching goal is to be a versatile, effective resource that supports clients and her team members whenever they need assistance.
A graduate of the Federal University of Santa Catarina in Brazil with a Bachelor of Science degree in Business Administration, she’s held roles at various prestigious financial institutions. From 2008-2013, she served as a trade assistant on Société Générale’s commodities desk, focusing on cocoa, coffee and sugar. She then transitioned to UBS in 2014, where she honed her client service skillset before finding her professional home at Morgan Stanley in 2016.
Outside the office, Claudia enjoys spending time with her husband (Geoff), two daughters (Hailey and Emily) and their beloved dog (Milo) who is the biggest football fan in the family. Geoff has served as a NYPD sergeant since 2006, and currently works for the 48th Precinct in the Bronx. Claudia also treasures travelling and exploring new places with family and friends.
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Awards and Recognition
Barron's Top 250 Private Wealth Management Teams
2024-2026 Barron's Top 100 Private Wealth Management Teams (formerly referred to as Barron's Top 100 Private Wealth Management Teams, Barron's Top 50 Private Wealth Management Teams, Barron's Top 50 Private Wealth Advisory Teams) Source: Barrons.com (Awarded April 2024-2026). Data compiled by Barron's based on 12-month period concluding in Dec of the year prior to the issuance of the award.
Barron's Top 1,500 Financial Advisors: State-by-State
2010-2026 Barron's Top 1,500 Financial Advisors: State-by-State (formerly referred to as Barron's Top 1,200 Financial Advisors: State-by-State, Barron's Top 1,000 Financial Advisors: State-by-State)Source: Barrons.com (Awarded 2010-2026). Data compiled by Barron's based on 12-month period concluding in Sept of the year prior to the issuance of the award.
Financial Times 400 Top Financial Advisors
2017-2021 Financial Times 400 Top Financial Advisors Source: ft.com. Data compiled by the Financial Times based the following time periods: Awarded 2020; data 6/30/16 - 6/30/19 Awarded 2019; data 6/30/15 - 6/30/18 Awarded 2018; data 6/30/15 - 6/30/17 Awarded 2017; data 9/30/14 - 9/30/16 Awarded 2016; data 9/30/13 - 9/30/15 Awarded 2015; data 9/30/13 - 9/30/14 Awarded 2014; data 9/30/12 - 9/30/13 Awarded 2013; data as of 12/31/12
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Sound Shore Group - 2026 Barron's Top Private Wealth Management Team
Wealth Management
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Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
A Simple Six-Step Retirement Checkup
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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
Iran Conflict: Seven Takeaways for Investors
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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
529 Plans: A Powerful Tool to Save for Education
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Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Ready to start a conversation? Contact The Sound Shore Wealth Management Group today.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.
1Morgan Stanley 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 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.
3Morgan 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
4When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
5Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
6Morgan Stanley 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.
7Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures | Morgan Stanley
Please read the important disclosures below.
1) Morgan Stanley Wealth Management secured Money Management Institute/Barron’s Industry Awards for Wealth Manager Platform of the Year. The Wealth Manager Platform of the Year category recognizes a wealth manager platform that exemplifies innovation in delivering better outcomes for investors and Financial Advisors. This award has been secured in 2024, 2021, 2020, 2019 & 2018. The winners were selected by a specially appointed MMI Industry Awards Steering Council. The Steering Council consists of representatives from all segments of the MMI membership. After carefully reviewing the nominations submitted, the Steering Council determined a slate of finalists in each award category. The primary contacts at each of MMI’s 207 member firms were eligible to vote to determine the winners. Nominations were reviewed and evaluated to determine finalists June 2024 - July 2024. Finalists were voted on to determine a winner August 2024. MMI/Barron’s does not receive compensation from the participating firms in exchange for the award and Morgan Stanley did not pay a fee to MMI/Barron’s in exchange for its receipt of the award. Morgan Stanley is a member of MMI and pays a fee to MMI as part of its membership dues. Morgan Stanley’s receipt of this award is not indicative of any future performance. These awards were granted to Morgan Stanley based on the time period from October 2023 to June 2024. There were 6 firms considered for the Wealth Management Platform of the Year Award and 12 firms considered for the Distribution Excellence Award. The Money Management Institute (MMI) is the industry association representing financial services firms and Barron’s is a financial magazine; both groups are responsible for the award. Accolade qualifications for past years may vary; additional information available upon request.
2) Industry’s top tax-optimization technology refers to tax management capabilities developed by Eaton Vance and Parametric, affiliates of Morgan Stanley. Morgan Stanley is a leading provider of direct indexing strategies. According to Cerulli Associates’ Q1 2026 Managed Account Edition, Morgan Stanley ranked first among 15 firms in Direct Index SMA assets under management based on reported industry assets. The ranking reflects scale of assets and does not evaluate tax outcomes, performance, or quality of technology. Tax outcomes will vary and are not guaranteed.
3) The Celent Model Wealth Manager 2025 Awards for Data and Analytics and Essential and Emerging Technologies were granted to Morgan Stanley following an evaluation process conducted by Celent analysts. To be considered for this award, Morgan Stanley submitted Model Wealth Manager 2025 Nomination Award Worksheets to Celent on or about January 30, 2025. Celent judged each submission on three criteria: (1) Measurable business benefits of live initiatives; (2) degree of innovation relative to the industry; and (3) technology or implementation excellence. In order to win, the initiatives must demonstrate clear business benefits, innovation, and technology or implementation excellence. Celent does not receive compensation from the participating firms in exchange for the award and Morgan Stanley did not pay a fee to Celent in exchange for the award. Morgan Stanley is not affiliated with Celent. Based on their submission on January 30, 2025 for Celent’s 2025 Model Awards program, Celent granted Morgan Stanley their awards in June, 2025 and publicly shared the news in June, 2025. Celent is a global financial services research and advisory firm and is responsible for determining the recipient of this award.
4) Q4 2025 Securities Based Lending McLagan Survey – 6 Firm Report. Based on both Non-Purpose Lending and total SBL balances. Borrowing against securities may not be appropriate for everyone. Clients must be aware that there are risks associated with a securities based loan, including possible maintenance calls on short notice, and that market conditions can magnify any potential for loss.
Not all products, tools, platforms, and services referenced are available to all clients. Please speak with your Financial Advisor for eligibility criteria.
Investing in securities involves risk, including possible loss of principal. Diversification does not guarantee a profit or protect against loss in a declining financial market.
Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Alternative investments are often speculative and include a high degree of risk. Investors can lose all or a substantial amount of their investment. They may be highly illiquid, can engage in leverage, short-selling and other speculative practices that may increase volatility and the risk of loss, and may be subject to large investment minimums and initial lock-ups. They may involve complex tax structures, tax inefficient investing and delays in distributing important tax information. They may have higher fees and expenses that traditional investments, and such fees and expenses can lower the returns achieved by investors.
Cash management and lending products and services are provided by Morgan Stanley Smith Barney LLC, Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A, as applicable.
Borrowing against securities may not be appropriate for everyone. Clients must be aware that there are risks associated with a securities based loan, including possible maintenance calls on short notice, and that market conditions can magnify any potential for loss. For details please see the important disclosures below.
Important Risk Information for Securities Based Lending: Clients must be aware that: (1) Sufficient collateral must be maintained to support the loan and to take future advances; (2) Clients may have to deposit additional cash or eligible securities on short notice; (3) Some or all of the pledged securities may be sold without prior notice in order to maintain account equity at required collateral maintenance levels. Clients will not be entitled to choose the securities that will be sold. These actions may interrupt long-term investment strategy and may result in adverse tax consequences or in additional fees being assessed; (4) Morgan Stanley Bank, N.A., Morgan Stanley Private Bank, National Association or Morgan Stanley Smith Barney LLC (collectively referred to as "Morgan Stanley") reserve the right not to fund any advance request due to insufficient collateral or for any other reason except for any portion of a securities based loan that is identified as a committed facility; (5) Morgan Stanley reserves the right to increase the collateral maintenance requirements at any time without notice; and (6) Morgan Stanley reserves the right to call securities based loans at any time and for any reason.
With the exception of a margin loan, the proceeds from securities based loan products may not be used to purchase, trade, or carry margin stock (or securities, with respect to Express CreditLine); repay margin debt that was used to purchase, trade or carry margin stock (or securities, with respect to Express CreditLine); and cannot be deposited into a Morgan Stanley Smith Barney LLC or other brokerage account.
To be eligible for a securities based loan, a client must have a brokerage account at Morgan Stanley Smith Barney LLC that contains eligible securities, which shall serve as collateral for the securities based loan.
Securities based loans are provided by Morgan Stanley Smith Barney LLC, Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A, as applicable.
There is no guarantee that tax-loss harvesting will achieve any particular tax result. Clients may elect Tax Management Services for the account by notifying their Financial Advisor, and indicate what Maximum Tax or Realized Capital Gain Instruction is desired for the account, if any. The Tax Management Services Terms and Conditions attached to the Morgan Stanley Smith Barney LLC Select UMA ADV brochure as Exhibit A will govern Tax Management Services in the account. Review the Morgan Stanley Smith Barney LLC Select UMA ADV brochure carefully with your tax advisor.
Industry acclaimed risk platform refers to Morgan Stanley Smith Barney LLC’s (“Morgan Stanley”) Portfolio Risk Platform. The assumptions used in the Report incorporate portfolio risk and scenario analysis employed by BlackRock Solutions (“BRS”), a financial technology and risk analytics provider that is independent of Morgan Stanley. BRS’ role is limited to providing risk analytics to Morgan Stanley, and BRS is not acting as a broker-dealer or investment adviser nor does it provide investment advice with respect to the Report. Morgan Stanley has validated and adopted the analytical conclusions of these risk models. The analysis provided is illustrative only. Morgan Stanley cannot predict a portfolio’s risk of loss due to, among other things, changing market conditions or other unanticipated circumstances. The analysis is based purely on assumptions made using available data and any of its forecasts are subject to change.
The footnotes below apply to the industry-leading claims referenced above. More information is available upon request.
Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Securities based loans are provided by Morgan Stanley Smith Barney LLC, Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A, as applicable.
Investment, Insurance and annuity products offered through Morgan Stanley Smith Barney LLC are NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please visit us at www.morganstanley.com/wealth or consult with your Morgan Stanley Financial Advisor to read about those differences.
The sole purpose of this material is to inform, and it in no way is intended to be an offer or solicitation to purchase or sell any security, other investment service, or to attract any funds or deposits. Investments mentioned may not be appropriate for all clients. Before making any investment, each investor should carefully consider the risks associated with the investment, as discussed in the applicable offering memorandum and make a determination based on their own particular circumstances that the investment is consistent with their investment objectives and risk tolerance.
© 2026 Morgan Stanley Smith Barney LLC. Member SIPC.
1Morgan Stanley 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 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.
3Morgan 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
4When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
5Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
6Morgan Stanley 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.
7Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9When 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.
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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.
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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.
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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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