Phone:
(757) 597-9623(757) 597-9623
The Coastal Commonwealth Group at Morgan Stanley
(757) 597-9613(757) 597-9613
Toll-Free:
(800) 338-8948(800) 338-8948
Our Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals.
Our Story and Services
As your Financial Advisors, we can help you define and strive to meet your goals by delivering a vast array of resources to you in the way that is most appropriate for how you invest and what you want to achieve. Working together we can help you to preserve and grow your wealth. You’ll have access to some of the world’s most seasoned and respected investment professionals, a premier trading and execution platform and a full spectrum of investment choices.
Services Include
- Financial PlanningFootnote1
- Retirement PlanningFootnote2
- Planning for Education FundingFootnote3
- Endowments and FoundationsFootnote4
- 401(k) Rollovers
- 529 PlansFootnote5
- Donor Advised Funds
- Long-term Care InsuranceFootnote6
- Alternative InvestmentsFootnote7
- Wealth ManagementFootnote8
- Wealth PlanningFootnote9
- Trust AccountsFootnote10
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
MANAGING FAMILY & GENERATIONAL WEALTH
Managing significant family and generational wealth is complex and often raises difficult questions. See the resources below for more information about managing and preserving significant family wealth.
Family Governance and Wealth Education Fact Sheet
Our mission is to help clients maximize the value of their family capital through the transfer and preservation of the family's shared values, and the creation of an enduring family legacy.
Opening Pandora's Box: 10 Rules for Talking to Kids About Money
Discussing family wealth and financial matters with children can be daunting for families. Read the linked article from Glenn Kurlander, Head of Family Governance & Wealth Education at Morgan Stanley, for more information about navigating this delicate subject.
Wealth Education Development Plan
The Family Governance & Wealth Education group helps ultra high net worth families strive to maximize the value of their human capital by driving family wealth education, making it more likely that all members of the family will have the foundation they need to lead meaningful, fulfilled and engaged lives.
Your Guide to Life and Money Playbook
Our goal is to help prepare the next generation of leaders, parents, philanthropists, innovators, trustees, executors, board members, and investors by empowering you with the knowledge and tools needed to achieve your goals.
Estate Planning Strategies
Tax, Trust & Estate (TTE) strategy has the potential to be incredibly powerful if executed effectively. For a successful TTE plan, it is critical to create a TTE implementation in combination with a TTE strategy.
Importance of a Holistic Approach to Your Wealth Video
Watch the below video from Morgan Stanley Family Office Resources to learn how Morgan Stanley FOR can help integrate family values, philanthropy, and legacy into your unique wealth plan.
MODERN WEALTH MANAGEMENT TOOLS AND RESOURCES
Morgan Stanley's comprehensive suite of digital tools are designed to enhance every aspect of your financial portfolio. Take some time to learn about some of the many Modern Wealth Management resources that are available.
Morgan Stanley Online
Morgan Stanley Online allows you to seamlessly and securely manage your investments and everyday finances in one place.
eDelivery
Sign up for eDelivery today and start receiving email notifications as soon as your account documents are available on Morgan Stanley Online or the Morgan Stanley Mobile App. It's quick, convenient & secure.
Global Investment Office
The Morgan Stanley Global Investment Office provides you with world-class thought leadership timely market commentary, and portfolio ideas to help guide your investment decisions.
Capital Markets
Corporations, organizations and governments around the world rely on Morgan Stanley's reputation as a global leader in investment banking. Our advisory and capital-raising services are recognized as among the best in the industry.
Digital Vault
Digital Vault lets you easily and securely manage and share important documents such as account statements, authorizations, tax filings and other relevant documents with your Financial Advisor.
Insured Solutions
As a leader in the distribution of insurance and annuities, our offerings include disability, long-term care and property & casualty insurance, as well as fixed, indexed and variable annuities. Morgan Stanley offers these products in conjunction with its licensed insurance agency affiliates.
Security Center
Learn about our latest security measures, how we are safeguarding your assets and personal information and find actionable insights and resources on important cybersecurity topics to enhance your own online security.
Financial Planning
Your financial goals and priorities will likely shift with time. To help prepare for the road ahead, ask yourself what matters to you and your family long term.
IMPORTANT UPDATES FOR 2025
We would like to ensure you are up to date on the following changes for the year ahead. Please let us know if you have any questions.
Highlights of Changes for 2025
401(k) limit increases to $23,500 for 2025, IRA limit remains $7,000
Income Tax Brackets for 2025
Depending on your taxable income, you can end up in one of seven different federal income tax brackets – each with its own marginal tax rate.
Social Security COLA Increase
Social Security and Supplemental Security Income (SSI) benefits for more than 72.5 million Americans will increase 2.5 percent in 2025.
KEY LIFE EVENTS
Navigate life's journey though key milestones like marriage and retirement. Our tailored financial articles ensures each step is smoother and more fulfilling.
Please let us know if you need anything or have any questions.
Birth
Welcoming a child into the family is a joyous occasion for everyone—for parents, grandparents, aunts, uncles, siblings, cousins and other extended family members. We will help you plan and prepare for the financial components that a new child might introduce to your lives.
Education
Education is a major investment that often requires years of careful, advanced planning. As educational costs continue to rise - from primary education through undergraduate, graduate and professional schools - we will work together to implement the appropriate funding strategies for your needs.
Marriage
There are few events more exciting than tying the knot with the person you love. Managing your wealth is a critical component to maintaining a long, fruitful marriage. Also, helping fund your child's wedding is a goal for many parents and grandparents.
Divorce
Divorce is a stressful ordeal that is seldom easy. In can be very difficult to brave this battle alone. If necessary, we will help guide you through the priorities and issues that need to be settled to ensure that your needs are met with care and respect.
Retirement
Some people look forward to retirement as their time to relax and enjoy the fruits of their decades-long career. Others worry about their ability to support their lifestyle given certain life challenges. Saving for retirement is a lifelong process that relies on defined financial planning strategies.
Death
We know how difficult losing a loved one can be. We are here to help you navigate the decisions to be made following the death of your spouse or other family member.
Location
701 Town Center Dr
Suite 902
Newport News, VA 23606
US
Direct:
(757) 597-9613(757) 597-9613
Toll-Free:
(800) 338-8948(800) 338-8948
Meet The Coastal Commonwealth Group
Charles R. Spencer III
Senior Vice President, Financial Advisor, Portfolio Management Director
Phone:
(757) 597-9615(757) 597-9615
Phone:
(757) 597-9616(757) 597-9616
Ryann J. MacLuskie
Portfolio Associate, Financial Planning Specialist
Phone:
(757) 597-9613(757) 597-9613
Shannon M. Green
Portfolio Associate, Financial Planning Specialist
Phone:
(757) 597-9614(757) 597-9614
About Edward H James
Edward H. James, CFP®
Senior Vice President
Senior Portfolio Management Director
Financial Advisor
Ed James, a Senior Vice President and Financial Advisor with Morgan Stanley Wealth Management in Newport News, VA, earned the Certified Financial Planner designation in early 2006. Ed joined Legg Mason in 1997, which by way of mergers, is now Morgan Stanley.
Ed’s goal is to help people build and maintain wealth, income, and financial independence for themselves and their families. Together with Portfolio Associate Shannon Green and The Coastal Commonwealth Team, Ed seeks to offer individual and intergenerational planning and advice. Committed to the continuing stewardship of client relationships, together with Portfolio Associate Shannon Green, Ed seeks to offer individual and intergenerational planning and advice.
Ed grew up in Mathews, VA and now makes his home in Gloucester with his wife Jennifer and their three children. Ed loves the outdoors, fitness and books of all sorts.
Interested in working together? Our journey begins with an introductory phone call, followed by an in-depth meeting to understand your financial situation, to create a personalized plan tailed to your unique goals. Start by contacting me.
Professional Details
• Over 20 years of experience in the Financial Services Industry
• BA, The College of William and Mary 1990
• Certified Financial Planner
• Series 7 & 66
• Life, Health and Annuity Licensed
• CFP®
Senior Vice President
Senior Portfolio Management Director
Financial Advisor
Ed James, a Senior Vice President and Financial Advisor with Morgan Stanley Wealth Management in Newport News, VA, earned the Certified Financial Planner designation in early 2006. Ed joined Legg Mason in 1997, which by way of mergers, is now Morgan Stanley.
Ed’s goal is to help people build and maintain wealth, income, and financial independence for themselves and their families. Together with Portfolio Associate Shannon Green and The Coastal Commonwealth Team, Ed seeks to offer individual and intergenerational planning and advice. Committed to the continuing stewardship of client relationships, together with Portfolio Associate Shannon Green, Ed seeks to offer individual and intergenerational planning and advice.
Ed grew up in Mathews, VA and now makes his home in Gloucester with his wife Jennifer and their three children. Ed loves the outdoors, fitness and books of all sorts.
Interested in working together? Our journey begins with an introductory phone call, followed by an in-depth meeting to understand your financial situation, to create a personalized plan tailed to your unique goals. Start by contacting me.
Professional Details
• Over 20 years of experience in the Financial Services Industry
• BA, The College of William and Mary 1990
• Certified Financial Planner
• Series 7 & 66
• Life, Health and Annuity Licensed
• CFP®
Securities Agent: OK, LA, NV, MO, GA, CT, CO, OH, IL, FL, SC, NM, NH, MI, MA, IN, DE, CA, AR, MN, AK, PA, MT, DC, NJ, AZ, AL, VA, TN, WA, VT, NY, NC, UT, ME, TX, SD, ID, OR, MD; General Securities Representative; Investment Advisor Representative
NMLS#: 1282612
NMLS#: 1282612
About Charles R. Spencer III
Charles R. “Tripp” Spencer, III
Senior Vice President
Portfolio Management Director
Financial Advisor
Charles R. “Tripp” Spencer, III is a Senior Vice President, Portfolio Management Director, Financial Planning Specialist and Financial Advisor at Morgan Stanley. His career began in 1992 with predecessor firm Legg Mason which through mergers became Morgan Stanley. Tripp is dedicated to helping clients achieve their financial goals and ensuring they feel confident and comfortable through their retirement years. Honesty, integrity, and always putting the client first are the cornerstones of his practice.
Tripp’s approach blends wealth management and financial planning to develop a comprehensive strategy tailored to each client’s unique set of needs. He values trust, understanding goals, and leveraging Morgan Stanley’s intellectual capital to deliver clear and actionable guidance. Clients often describe Tripp as a good listener who is thoughtful, detail oriented, and genuinely concerned for their best interests.
Tripp graduated from Hampton Roads Academy, Washington & Lee University, BA Economics and The College of William and Mary, MBA Finance and Marketing.
Tripp is a current member of the Rotary Club of Newport News, serves on the Advisory Board of the Tom and Ann Hunnicutt Family YMCA, and a current member of Hidenwood Presbyterian Church. He has served on numerous local boards over the years as he believes in giving back to his local community.
Outside of work and volunteering, Tripp prioritizes spending time with his family, traveling, tennis, surfing, time on the beach, home projects and music. Tripp and his wife Katie have two grown children: Charlie and Anne Waverly.
Charles R. “Tripp” Spencer, III
• Series 7
• Series 63 & 65
• Series 31
• Life and Health
Senior Vice President
Portfolio Management Director
Financial Advisor
Charles R. “Tripp” Spencer, III is a Senior Vice President, Portfolio Management Director, Financial Planning Specialist and Financial Advisor at Morgan Stanley. His career began in 1992 with predecessor firm Legg Mason which through mergers became Morgan Stanley. Tripp is dedicated to helping clients achieve their financial goals and ensuring they feel confident and comfortable through their retirement years. Honesty, integrity, and always putting the client first are the cornerstones of his practice.
Tripp’s approach blends wealth management and financial planning to develop a comprehensive strategy tailored to each client’s unique set of needs. He values trust, understanding goals, and leveraging Morgan Stanley’s intellectual capital to deliver clear and actionable guidance. Clients often describe Tripp as a good listener who is thoughtful, detail oriented, and genuinely concerned for their best interests.
Tripp graduated from Hampton Roads Academy, Washington & Lee University, BA Economics and The College of William and Mary, MBA Finance and Marketing.
Tripp is a current member of the Rotary Club of Newport News, serves on the Advisory Board of the Tom and Ann Hunnicutt Family YMCA, and a current member of Hidenwood Presbyterian Church. He has served on numerous local boards over the years as he believes in giving back to his local community.
Outside of work and volunteering, Tripp prioritizes spending time with his family, traveling, tennis, surfing, time on the beach, home projects and music. Tripp and his wife Katie have two grown children: Charlie and Anne Waverly.
Charles R. “Tripp” Spencer, III
• Series 7
• Series 63 & 65
• Series 31
• Life and Health
Securities Agent: DC, CO, AR, GA, VT, AL, NY, MT, MN, AK, NH, MO, IL, ID, CT, AZ, LA, OK, NJ, VA, TN, SD, OR, NC, TX, IN, DE, CA, WA, SC, PA, NV, MA, FL, OH, MI, ME, UT, NM, MD; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1253132
NMLS#: 1253132
About Edward G.S Spencer
Edward G.S. “Ned” Spencer
Senior Vice President
Portfolio Management Director
Financial Advisor
Edward Spencer "Ned" is a Financial Advisor at Morgan Stanley, where he helps clients understand their financial picture and develop strategies to achieve their goals. With a belief that every financial journey is unique, Ned is passionate about making complex decisions clear, approachable, and meaningful to the individuals and families he serves.
Numbers have always come naturally to Ned. He earned a B.A in Economics from Washington & Lee University and later completed a Master of Architecture from Virginia Polytechnic Institute and State University. After working in marketing and business side of an architecture firm, he realized his true calling was in financial services- an industry he was inspired to join by his father. In 1997, he made the leap and began building his own practice. Three years later, he officially joined his father and brother to grow their business together.
Ned is known for his integrity, client-first mindset, and ability to break down financial puzzles into practical strategies. His team is grounded in the belief that "doing the right thing" is not just a value, but a way of doing business. Ned is committed to continued growth and evolving the team’s approach to serving clients with care, dedication, and thoughtful leadership.
Outside of work, Ned lives in Newport News with his wife in the same neighborhood he was raised in. He enjoys sharing time with her and their two grown children. He is an active member of Hidenwood Presbyterian Church, a member of the Rotary Club of Virginia Peninsula, and serves on the Endowment Committee for the Virginia Living Museum. He enjoys playing golf, music, traveling, and attending Virginia Tech football games, always finding time for community and connection.
Edward G. S. “Ned” Spencer
• Series 7
• Series 63 & 65
• Series 31
• Life and Health
Senior Vice President
Portfolio Management Director
Financial Advisor
Edward Spencer "Ned" is a Financial Advisor at Morgan Stanley, where he helps clients understand their financial picture and develop strategies to achieve their goals. With a belief that every financial journey is unique, Ned is passionate about making complex decisions clear, approachable, and meaningful to the individuals and families he serves.
Numbers have always come naturally to Ned. He earned a B.A in Economics from Washington & Lee University and later completed a Master of Architecture from Virginia Polytechnic Institute and State University. After working in marketing and business side of an architecture firm, he realized his true calling was in financial services- an industry he was inspired to join by his father. In 1997, he made the leap and began building his own practice. Three years later, he officially joined his father and brother to grow their business together.
Ned is known for his integrity, client-first mindset, and ability to break down financial puzzles into practical strategies. His team is grounded in the belief that "doing the right thing" is not just a value, but a way of doing business. Ned is committed to continued growth and evolving the team’s approach to serving clients with care, dedication, and thoughtful leadership.
Outside of work, Ned lives in Newport News with his wife in the same neighborhood he was raised in. He enjoys sharing time with her and their two grown children. He is an active member of Hidenwood Presbyterian Church, a member of the Rotary Club of Virginia Peninsula, and serves on the Endowment Committee for the Virginia Living Museum. He enjoys playing golf, music, traveling, and attending Virginia Tech football games, always finding time for community and connection.
Edward G. S. “Ned” Spencer
• Series 7
• Series 63 & 65
• Series 31
• Life and Health
Securities Agent: SD, MA, CO, NY, WA, TX, IN, AR, PA, MO, AL, VT, UT, TN, NJ, NH, OK, NV, MN, DC, SC, MT, ME, ID, DE, CA, AK, OH, MI, MD, OR, NM, NC, FL, VA, LA, IL, GA, CT, AZ; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1270041
NMLS#: 1270041
About Ryann J. MacLuskie
As a Portfolio Associate, Ryann brings her operational experience to the team and provides our clients with outstanding customer service.
Ryann is Series 7, 63 and 65 licensed and has her Virginia Life and Health Insurance license. She has also obtained the Financial Planning Specialist designation from Morgan Stanley.
Ryann resides in Newport News, Virginia with her husband, Kevin, and their two daughters. She currently serves as a Girl Scout Troop Co-Leader and as treasurer for the Glendale Gators Swim Team.
Ryann is Series 7, 63 and 65 licensed and has her Virginia Life and Health Insurance license. She has also obtained the Financial Planning Specialist designation from Morgan Stanley.
Ryann resides in Newport News, Virginia with her husband, Kevin, and their two daughters. She currently serves as a Girl Scout Troop Co-Leader and as treasurer for the Glendale Gators Swim Team.
About Shannon M. Green
Shannon M. Green
Portfolio Associate
Financial Planning Specialist
Shannon M. Green is a Portfolio Associate and Financial Planning Specialist with Morgan Stanley Wealth Management in Newport News, VA. Shannon entered the securities industry in 2006 with Lincoln Financial before joining Smith Barney in 2007, which by way of mergers is now Morgan Stanley.
Shannon has worked with Ed James since her initial hire at Smith Barney in 2007. She has assisted him in all areas of his business including client relationship management, client servicing, and trade support. She provides clients of Ed James with customer service and operational support. Shannon also serves as the Support Professional Coach for Morgan Stanley’s Southern Virginia Market.
Shannon is a native of New Jersey; graduated from Kinnelon High School and James Madison University, with a degree in Communications Studies. She has also traveled extensively around the United States exploring our National Parks prior to moving and settling down in Poquoson, VA where she lives with her husband, Courtney and dog, Holly. She especially enjoys spending time in nature, traveling, developing her personal yoga practice, reading, music, and art.
Professional Details
• Over 18 years of experience in the Financial Services Industry
• BS, Communication Studies; James Madison University 1998
• Series 7 and 66 Licensed
• Life, Health and Annuity Licensed
Portfolio Associate
Financial Planning Specialist
Shannon M. Green is a Portfolio Associate and Financial Planning Specialist with Morgan Stanley Wealth Management in Newport News, VA. Shannon entered the securities industry in 2006 with Lincoln Financial before joining Smith Barney in 2007, which by way of mergers is now Morgan Stanley.
Shannon has worked with Ed James since her initial hire at Smith Barney in 2007. She has assisted him in all areas of his business including client relationship management, client servicing, and trade support. She provides clients of Ed James with customer service and operational support. Shannon also serves as the Support Professional Coach for Morgan Stanley’s Southern Virginia Market.
Shannon is a native of New Jersey; graduated from Kinnelon High School and James Madison University, with a degree in Communications Studies. She has also traveled extensively around the United States exploring our National Parks prior to moving and settling down in Poquoson, VA where she lives with her husband, Courtney and dog, Holly. She especially enjoys spending time in nature, traveling, developing her personal yoga practice, reading, music, and art.
Professional Details
• Over 18 years of experience in the Financial Services Industry
• BS, Communication Studies; James Madison University 1998
• Series 7 and 66 Licensed
• Life, Health and Annuity Licensed
Contact Edward H James
Contact Charles R. Spencer III
Contact Edward G.S Spencer
Wealth Management
From Our Team
You're Ready for Retirement. Is Your Portfolio?
Wealth Management
Global Investment Office
Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
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
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
Ready to start a conversation? Contact The Coastal Commonwealth Group today.
1Morgan 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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
5Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
8Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
9Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
10Morgan 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.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER® and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
5Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
8Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
9Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
10Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
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Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
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Awards Disclosures
CRC 6491812 (04/2024)
