Welcome

As the first and only Morgan Stanley Private Wealth Management team in Central Florida, we have over 50 years of combined experience serving high net worth and ultra-high net worth families like yours. This experience has taught us that a well-coordinated, multidisciplinary approach is needed to address the complex challenges your family may be facing. We stay in close contact with you, your accountants, attorney, and other key advisors to maintain an up-to-date understanding of your family dynamics, goals, and risk tolerances. We combine this deep insight into your financial situation with a robust understanding of the global financial markets resulting in a comprehensive plan that helps you manage your family’s financial life and legacy.

We consider a client’s complete financial situation – focusing on all aspects of their balance sheet, regardless of purpose, location, or disposition – and then apply academically supported and empirical analysis, astute capital market strategy, and the appropriate blend of securities in a tax and fee efficient manner. Unlike centralized investment models, we create portfolios that are not overly diversified, giving our clients the transparency that they seek, and a better opportunity to meet their targets. Our investment process is designed to help each client meet their investment objectives and income requirements over time, given acceptable parameters, tying performance to their overall plan.
https://www.forbes.com/companies/the-stella-williams-group/
Capabilities
  • Comprehensive Wealth Planning
  • Investment Management
  • Pre-Liquidity Planning
  • Family Governance & Wealth Education
  • Philanthropy Management
  • Corporate Stock Plans
  • 10b5-(1) Programs
  • Sustainable & Responsible InvestingFootnote1
  • Cash Management & LendingFootnote2
  • Corporate Services
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*

About PWM

Founded in 1977, Private Wealth Management is the division of Morgan Stanley Wealth Management that is dedicated to serving the firm’s most affluent clients, including some of the world’s most accomplished entrepreneurs, executives and stewards of multigenerational wealth. Functioning as an exclusive investment boutique within a global financial firm, we deliver sophisticated solutions that leverage the intellectual capital and insight of Morgan Stanley’s substantial global resources. Drawing on a deep understanding of your financial life, our goal is to help you:
  • Manage investments with an unwavering focus on your financial strategy and personal goals
  • Create comprehensive, multigenerational wealth management plans based on your needs, challenges and the values that guide your life and legacy
  • Simplify financial complexity to help you achieve clarity and control
Private Wealth Management Highlights
  • Approximately 350 teams1 specialized in assisting individuals and families with $20MM+ in investable assets
  • Over $980 billion in AUM1
  • Comprising 23% of the Barron’s Top 250 Private Wealth Management Teams for 2024
  • Direct access to ultra high net worth experts in philanthropy, family dynamics, wealth transfer, lifestyle advisory and other areas of interest to ultra high net worth families
1 Morgan Stanley Wealth Management, December, 2024

Source: Barron's.com (May 2024) 2024 Barron's Top 250 Private Wealth Management Teams awarded in 2024. The teams are ranked on a variety of factors, including their size and shape, their regulatory records and credentials of their members, and the resources they have at their disposal to serve their client bases. The rankings are meant as a starting point for clients looking for an advisor—a first-pass vetting that can help investors narrow a search. Every advisor will have his or her own approach to investing, financial planning, and other services. Clients are encouraged to approach a search for an advisor the way they would a search for a doctor—interviewing multiple professionals and getting opinions from multiple third parties. Rankings are based on the opinions of Barron's and this ranking may not be representative of any one client’s experience. This ranking is not indicative of the Financial Advisor’s future performance. Morgan Stanley Smith Barney LLC is not affiliated with Barron's. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved.

Approach

Discovery Process
Investing the time to learn about you and your family; your assets and liabilities and the risk exposures, enables us to formulate strategies and customize the relationship to your needs.
Formulation of Tax, Trust and Estate Strategy
Working with your tax and legal advisors, we help analyze your income and estate tax circumstances to identify and tailor planning techniques that may be used to address your objectives.
Creation of Customized Strategic Asset Allocation
Your customized asset allocation reflects risk, opportunities and taxation across multiple entities, while integrating your investing and estate plans.
Integration of Tactical Asset Allocation
Short-term adjustments seek to capitalize on temporary market distortions. Before making adjustments, we analyze the impact of taxes and trading costs on potential returns.
Implementation of a Customized Wealth Strategy
After comprehensive due diligence and analysis of expected results across multiple market scenarios, strategies are chosen from our expansive investment platform.
Ongoing Assessment
In coordination with your other advisors, we can conduct ongoing reviews and comprehensive reporting to ensure that your strategy adapts to changing financial and family needs.

Clients

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We typically focus on complex clientele. We have a firm client base of multi-generational household who require extensive estate & financial planning. We strive to be the centrality of financial planning as a part of our service offering. We leverage various Family Office Resources for comprehensive wealth management.






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.
Client Type Breakdown
Executive: 47%
Entrepreneur: 32%
Retiree/Other: 11%
Second Generation: 5%
Professional: 5%
Client Net Worth
26% have less than $5,000,000
53% have between $5,000,000 and $49,999,999
21% have more than $50,000,000

Extensive. Specialized. Comprehensive.

What Does This Mean:
As your family grows and your wealth increases, you may face a broader and more complex set of wealth management challenges. As Family Wealth Directors, we have the extensive experience, specialized training, and resources necessary to help you and your family address these needs. We are here to help you create and implement a comprehensive plan based on your unique goals and aspirations.

Our integrated approach includes solutions for wealth transfer, asset protection and location, and business succession planning.

How We Can Help:
• Maintain family unity across generations, by focusing on family mission, governance, and conflict avoidance
• Develop strategies that pass down family values as well as family wealth
• Protect your assets and transfer them efficiently to the next generation and the causes and institutions you support
• Ease administrative burdens, by managing some of the most complex aspects of your life
• Access specialized ultra-high net worth resources and strategies tailored specifically to your needs and goals

WORKPLACE FINANCIAL BENEFITS WITH MORGAN STANLEY AT WORK

Our mission is to help your company elevate your workplace financial benefits—helping you to attract and retain top talent. Our end-to-end solutions support your company and employees at any stage of growth through a powerful combination of modern technology, insightful guidance, and dedicated service.

    Equity Solutions

    Equity ownership is a powerful motivator. Streamline equity management through our leading-edge technology and provide global audit-ready reporting and insights, alongside customizable participant experiences to engage and educate your employees on how to make the most of their benefits. Our global solutions support private and public companies at any stage of growth.

    • Equity Administration and Financial Reporting
    • Liquidity Events
    • 409A Valuation Services and Cap Table Management

    Learn more
    Retirement

    For your employees, retirement is more than a date in the future—it's a milestone that takes time, hard work, and the right tools. Through our consultative process, we strive to assist with the management of your fiduciary responsibilities and risk, simplify plan management, and help you improve retirement readiness for your employees.

    • Defined Contribution Consulting
    • Solutions-Oriented Plans
    • Fiduciary Investment Oversight

    Learn more
    Deferred Compensation

    Access a range of Nonqualified Deferred Compensation plan services or pick the ones that best fit your needs. We provide recordkeeping and plan design, portfolio construction services, and plan education for your executive talent. We help you determine the appropriate plan design and inform a funding strategy through a needs-based assessment and consultative approach.

    Services include:

    • Recordkeeping and Plan Design
    • Portfolio Construction
    • Wealth Management Services
    Learn more
    Executive Services

    Our dedicated team provides concierge-level support for your executives' equity compensation plans, from 10b5-1 trading plans to form filing related to Rule 144 transactions, to access to wealth management and tax-optimization strategies, so helping them navigate their complex financial needs with greater confidence and certainty:

    • Equity Compensation Services
    • Equity Award Analysis
    • Specialized Solutions
    Learn more
    Saving and Giving

    Saving and Giving benefits can make a real difference in your employees' lives as they can support the things that matter most to them—like saving for education and repaying student loans. Show that you are committed to your employees' priorities with leading-edge solutions that help them chart a path toward financial well-being.

    • College Savings
    • Student Loan Repayment and Refinancing
    • Charitable Giving
    Learn more
    Financial Wellness

    We offer Financial Wellness with every solution we provide. Through a powerful combination of education, digital tools and guidance, Financial Wellness is designed to address the unique needs of your employees and empower their financial journey at every stage. Give your employees the confidence to take charge of their finances.

    • Financial Education
    • Digital Tools
    • Financial Guidance

    Learn more

Location

201 E Pine St
11th Fl
Orlando, FL 32801
US
Direct:
(407) 849-4764(407) 849-4764

Meet The Stella Williams Group

Photo of David J Stella

David J Stella

Senior Vice President, Private Wealth Advisor, Family Wealth Director, CERTIFIED FINANCIAL PLANNER®, Alternative Investments Director, Portfolio Management Director, Workplace Advisor - Equity Compensation
Phone:
(407) 849-4740(407) 849-4740
Photo of Theresa A Williams

Theresa A Williams

Senior Vice President, Private Wealth Advisor, Family Wealth Director, CERTIFIED FINANCIAL PLANNER®, Certified Investment Management Analyst, Alternative Investments Director, Portfolio Management Director, Workplace Advisor - Equity Compensation
Phone:
(407) 849-4744(407) 849-4744
Photo of Nicole Hope

Nicole Hope

Financial Planning Analyst, Financial Planning Specialist
Phone:
(407) 418-1018(407) 418-1018

About David J Stella

David focuses on constructing customized portfolios designed to meet the specific goals identified within our client’s financial plan. He is uniquely qualified to advise a limited number of senior executives of public companies and privately held business owner/entrepreneurs as well as family offices.

David earned an MBA from the Mendoza College of Business of the University of Notre Dame and earned the Certified Investment Management Analyst (CIMA®) certification through The Wharton School of the University of Pennsylvania. He holds a B.S.B.A. in finance from the University of Central Florida. He also attained the CFP® certification awarded by the Certified Financial Planner™ Board of Standards, Inc. In 2018, David obtained the specialized Family Wealth Director designation through Morgan Stanley. The Family Wealth Director designation is currently held by fewer than 4% of advisors within the firm. A Family Wealth Director delivers the extensive range of resources needed to address the complex, multigenerational challenges of managing significant wealth. David has spent the last 20 years advising successful families and entrepreneurs. Prior to joining Morgan Stanley, he was a senior advisor at Wells Fargo Wealth & Investment Management, where he advised the firm’s wealthiest clients and led a team of wealth and investment management professionals.

In his free time, David enjoys playing golf, skiing, traveling, and following college sports. David, his wife, Catherine, and daughters, Caroline (Undergraduate at the University of Central Florida) and Emily, and Labrador Retriever (Trip), reside in Orlando (College Park), Florida, and are active members of the Country Club of Orlando.
Securities Agent: WV, SC, WA, OR, VA, NH, NC, MT, NV, NY, OH, MD, MO, PA, MS, PR, GA, FL, DE, MI, TN, MN, SD, HI, IL, IN, KY, OK, AL, RI, NJ, UT, AR, CA, MA, WI, DC, TX, ME, CO; General Securities Representative; Investment Advisor Representative
NMLS#: 519469

About Theresa A Williams

Theresa helps clients develop customized and comprehensive financial plans that address and memorialize the goals and dreams that they have for themselves and their family. She covers many issues including estate and legacy planning, philanthropic giving, business succession, executive equity compensation planning, and coordinated cash flow and tax planning.

Theresa is a CFP® professional awarded by the Certified Financial Planner™ Board of Standards and earned the Certified Investment Management Analyst (CIMA®) designation through the Wharton School of the University of Pennsylvania in conjunction with the Investment Management Consultants Association. In 2018, Theresa obtained the specialized Family Wealth Director designation through Morgan Stanley. The Family Wealth Director designation is currently held by fewer than 4% of advisors within the firm. A Family Wealth Director delivers the extensive range of resources needed to address the complex, multigenerational challenges of managing significant wealth. Theresa attended Rollins College from 2000 to 2002, completing her B.S. in Communications at Kaplan University. She has over 20 years of experience in the financial services industry advising clients. Prior to joining Morgan Stanley, she was a senior advisor at Wells Fargo Wealth and Investment Management where she advised the firm’s wealthiest clients. Theresa has a passion for children and education. She has served on the board of the Make-a-Wish of North and Central Florida and currently serves on the Rollins College Center for Leadership Development Board.

Theresa enjoys traveling, reading, and spending time with her family in her spare time. She lives in Winter Park with her husband Michael and daughters Sophie and Olivia.
Securities Agent: WV, WA, VA, UT, TN, SD, SC, PR, PA, OR, OH, NY, NV, NJ, WI, NC, MT, MS, MO, MN, MI, ME, MD, MA, KY, IN, IL, HI, GA, FL, DE, DC, CO, NH, CA, AR, AL, TX, RI, OK; General Securities Representative; Investment Advisor Representative
NMLS#: 516218

About Nicole Hope

Nicole joined the Private Wealth Management team of The Stella Williams Group in 2021. Nicole services as the Financial Planning Analyst for the team and holds the Financial Planning Specialist accreditation. Nicole creates and presents financial plans and analyses to clients and helps promote and leverage the Firm’s tools and capabilities.

Nicole is a graduate from Cornell University where she majored in Industrial and Labor Relations and served on the board of several student organizations. Nicole has gained diverse experiences during and after college through her roles working for Otis Elevator Company, Procter & Gamble, and Morgan Stanley.

Nicole and her husband Trent reside in Longwood, FL. In her spare time, Nicole enjoys spending time with family, baking, fitness, and travelling.

The Power of Partnerships

By partnering with experienced individuals across wealth disciplines, Morgan Stanley Financial Advisors can align specialized resources with your custom needs and deliver strategic guidance through the familiarity and trust of existing relationships
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Robert Mickler

Private Banker
Photo of Rachael Crapsi

Rachael Crapsi, CFP®, CPWA®

Financial Planning Director, Vice President
Photo of Mark Jansen

Mark Jansen

Family Office Resources Generalist

About Robert Mickler

Robert Mickler is a Private Banker serving Morgan Stanley Wealth Management offices in Florida and Georgia.

Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.

Robert began his career in financial services in 1991, and joined Morgan Stanley in 2014. Prior to joining the firm, he held several positions with Merrill Lynch, most recently as a Resident Manager and Wealth Management Banker in the Global Wealth Management organization.

Robert is a graduate of Villanova University, where he received a Bachelor of Science in Finance. He lives in Jacksonville, Florida with his wife and family. Outside of the office, enjoys playing golf, reading, and traveling.
NMLS#: 863115

About Rachael Crapsi

Rachael Crapsi, CFP®, CPWA® is a financial planning director serving Morgan Stanley’s Wealth Management offices in Florida. She is responsible for helping financial advisors with their clients’ financial planning needs.
Rachael began her career in financial services in 2012 and joined Morgan Stanley in 2022. Prior to her current position, she has worked as a financial advisor in Cincinnati, OH at JP Morgan and Fifth Third Private Bank, serving affluent families by developing authentic, lasting relationships while helping to preserve, build and transfer wealth.
She is a graduate of The Ohio State University where she earned degrees in Finance and International Business with a focus in Mandarin. Rachael holds her CERTIFIED FINANCIAL PLANNER® and CERTIFIED PRIVATE WEALTH ADVISOR® designations.
Originally from Buffalo, New York, Rachael now resides in Jacksonville, Florida. Outside of work, she enjoys playing soccer, traveling and cooking.

DISCLOSURE:
Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.

You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any account.

Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences.


Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning, and other legal matters.

© 2025 Morgan Stanley Smith Barney LLC. Member SIPC.

CRC# 4732896 08/2025

About Mark Jansen

Mark Jansen is a Family Office Resources Generalist for Morgan Stanley’s Family Office Resources, covering the Southeast Region. In this capacity, Mark provides specialized expertise to Financial Advisors and their UHNW clients across a broad range of family wealth management issues including; family governance and wealth education, strategic estate and financial planning, philanthropy management and lifestyle advisory. Mark has over 30 years of experience advising wealthy families, business owners, and their children.

Most recently, Mark worked with New York Life in their Advanced Planning Group working with agents and their UHNW clients advising them on estate and legacy planning, business buy sell planning, and succession planning. Prior to New York Life, Mark held similar Advanced Planning Consulting roles in several National financial organizations. He originally started his career in the financial services industry in the tax department of the public accounting firm Grant Thornton. He is known for taking complex ideas and making them easy to understand. Frequently speaking to groups and individuals on estate and business planning, he brings a conversational style that helps to clarify the complex nature of these topics.

Mark received a Bachelor of Science degree from St. John’s University in Collegeville MN, received his JD degree Cum Laude from the University of Minnesota and his CPA license while working at Grant Thornton. He holds a Series 7, 24 and 63 securities licenses. He currently lives in Richmond Virginia with his wife and occasionally one of their 6 children.
Private Banking Group (PBG) Market Managers, Senior Private Bankers, Private Bankers, and Associate Private Bankers are employees of Morgan Stanley Private Bank, National Association.

Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC.

Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.

Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

Important information about your relationship with your Financial Advisor and Morgan Stanley Smith Barney LLC when using a Financial Planning tool. When your Financial Advisor prepares a Financial Plan, they will act in an investment advisory capacity for thirty (30) days after the delivery of your Financial Plan. To understand the differences between brokerage and advisory relationships, you should consult your Financial Advisor, or review our “Understanding Your Brokerage and Investment Advisory Relationships,” brochure available at https://www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.

You have sole responsibility for making all investment decisions with respect to the implementation of a Financial Plan. You may implement the Financial Plan at Morgan Stanley or at another firm. If you engage or have engaged Morgan Stanley, it will act as your broker, unless you ask it, in writing, to act as your investment adviser on any particular account.

Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences.

Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.

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.

Private Wealth Management
Professional Insights

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Equity Compensation

Helping you make the most of your equity awards and better understand how it may fit into your your larger financial picture – today and tomorrow.

  • Vesting events
  • Option expirations
  • Restricted stock units
  • Tax implications

Private Wealth Management Podcast

Bringing you engaging stories and key insights surrounding the complexities associated with significant wealth, including:
  • Intergenerational Planning
  • Philanthropic Giving
  • Non-Traditional Assets
  • Managing Family Wealth
Learn More about Private Wealth Management Podcast
Listen | Shared Stories: The Foundation of Family Harmony
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Listen | Shared Stories: The Foundation of Family Harmony

When wealth is passed from one generation to the next, families enter a delicate transition period. Mitzi Perdue, of Sheraton Hotels and Perdue Farms, shares lessons she’s learned after experiencing wealth transfer twice.

Managing Significant Wealth

  • Investment Management
  • Wealth Transfer & Philanthropy
  • Cash Management & Lending
  • Family Governance & Wealth Education
  • Lifestyle Advisory
  • Business Services
Learn More about Managing Significant Wealth
What Philanthropic Approach is Right for You?
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What Philanthropic Approach is Right for You?

There are myriad ways to drive positive change in the world. Three worth considering: hybrid philanthropy, venture philanthropy and impact investing. Take a closer look at each.

Insights and Outcomes

Thought Leadership for our ultra high net worth clients, which contains thought-provoking articles, authored by leading experts from Morgan Stanley Family Office Resources.
Learn More about Insights and Outcomes
Preserving Artwork for Future Generations
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Preserving Artwork for Future Generations

Having an estate plan that considers your collection's legacy may help preserve its value and avoid trouble for future generations.
We look forward to discussing your needs and goals, and the exceptional resources we can place at your disposal.
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1Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria.

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2Morgan 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

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Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.

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.

Asset Allocation does not assure a profit or protect against loss in declining financial markets.

The securities/instruments, investments and investment strategies discussed on this website may not be suitable for all investors. The appropriateness of a particular investment or investment strategy will depend on an investor's individual circumstances and objectives. The views and opinions expressed on this website may not necessarily reflect those of Morgan Stanley Smith Barney LLC (“Morgan Stanley”). This website and its associated content are intended for U.S. residents only.

Morgan Stanley and its Private Wealth Advisors do not provide tax or legal advice. Visitors to this website 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.

Morgan Stanley Private Wealth Advisers may only transact business in states where they are registered or excluded or exempted from registration. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Morgan Stanley Private Wealth Advisers are not registered or excluded or exempt from registration.

For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.

See the Financial Advisors Biographies for Registration and Licensing information.

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.

Investment Management Consultants Association, Inc. owns the marks CIMA®, Certified Investment Management Analyst® (with graph element)®, and Certified Investment Management Analyst® .

Morgan Stanley Smith Barney LLC offers insurance products in conjunction with its licensed insurance agency affiliates.

Life insurance, disability income insurance, and long-term care insurance are offered through Morgan Stanley Smith Barney LLC's licensed insurance agency affiliates.

Lifestyle Advisory Services: Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.

Private Bankers are employees of Morgan Stanley Private Bank, National Association.

Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.

Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

Awards Disclosures | Morgan Stanley
CRC 4237142 (02/2025)