David S Heath
Executive Director, Wealth Management, Financial Advisor, Portfolio Manager
Phone:
(205) 969-7021(205) 969-7021
The Summit Group at Morgan Stanley
Direct:
(205) 969-7032(205) 969-7032
Toll-Free:
(888) 873-9391(888) 873-9391
Our Mission Statement
The Summit Group will work to develop a financial plan to help you pursue what is important to you. In short, your goals become our focus, and achieving them becomes a commitment we share.
Welcome
For us at The Summit Group, Retirement Planning means more than providing our clients with investment advice. It means helping them maintain the financial independence they've worked their whole lives to achieve. Our consultative process begins with an in-depth discussion of your current finances and future objectives. We'll address issues you might have overlooked and determine how we can help you adjust your investment strategy to accommodate changing conditions and meet any unforeseen expenses and income demands that may arise during retirement.
As Financial Advisors, our role is to help you use your wealth to achieve what is most important to you. That may mean providing an education to your children or grandchildren, buying a vacation home, meeting the special needs of a family member, retiring ten years early - the list is endless, and the decision is uniquely your own. Together, we will explore your aspirations and the life you envision and work with you to translate your goals into specific investment objectives with a personalized investment strategy. We will utilize our team's experience and the insight and resources of one of the world's largest financial firms, to structure a portfolio for you, executing and refining that strategy to help bring you closer to your definition of investment success.
As Financial Advisors, our role is to help you use your wealth to achieve what is most important to you. That may mean providing an education to your children or grandchildren, buying a vacation home, meeting the special needs of a family member, retiring ten years early - the list is endless, and the decision is uniquely your own. Together, we will explore your aspirations and the life you envision and work with you to translate your goals into specific investment objectives with a personalized investment strategy. We will utilize our team's experience and the insight and resources of one of the world's largest financial firms, to structure a portfolio for you, executing and refining that strategy to help bring you closer to your definition of investment success.
Services Include
- Wealth ManagementFootnote1
- 401(k) Rollovers
- 529 PlansFootnote2
- Alternative InvestmentsFootnote3
- Asset Management
- Endowments and FoundationsFootnote4
- Financial PlanningFootnote5
- Life InsuranceFootnote6
- Long Term Care InsuranceFootnote7
- Planning for Education FundingFootnote8
- Professional Portfolio ManagementFootnote9
- Retirement PlanningFootnote10
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
The Summit Group's Four-Step Process
Our approach focuses on you, your family, and your career - where you are today and where you want to go. Working together, we develop the strategies to help get you there, navigating life's challenges and helping you make more informed decisions about your wealth.
1. Introductory Call
We begin the process with an informal meeting to understand your financial concerns and determine how we can add value. If we agree to move forward, we will schedule our next meeting and request important financial information.
2. Get To Know You Meeting
We continue the conversation by initiating an in-depth conversation where we learn more about the values that shape your decisions and identify any unique circumstances. We will also review the documents you provided and discuss your priorities.
3. Analysis & Plan Development
By utilizing Morgan Stanley financial planning tools to develop a personalized and detailed plan, The Summit Group can provide recommendations to help you grow, preserve, and transfer your wealth.
4. Implementation
Here, we present appropriate strategies designed to work together to achieve your goals. Upon your approval, we open new accounts for you at Morgan Stanley and begin our investment recommendations. We will also begin implementing other strategies we have discussed. Often included in these strategies are tax management, risk management, and retirement planning strategies.
Comprehensive Financial Planning
Regardless of what stage your life is in - moving ahead in your career, enjoying retirement, or somewhere in between - as your Financial Advisors, we can help you achieve your financial goals.
Using a combination of tools including goal-specific analysis, we can work with you to create a realistic, holistic strategy integrating the various aspects of your financial life, including your investments and cash management needs.
Whatever your financial goal - whether to grow your wealth, preserve it or pass it on to others, you can count on us to help you with a strategy that is:
Using a combination of tools including goal-specific analysis, we can work with you to create a realistic, holistic strategy integrating the various aspects of your financial life, including your investments and cash management needs.
Whatever your financial goal - whether to grow your wealth, preserve it or pass it on to others, you can count on us to help you with a strategy that is:
1. Personal
Highly individualized and committed to helping you achieve financial success.
2. Flexible
Responsive to changes in your life and priorities over time.
3. Comprehensive
Encompassing a broad array of investment products and services, with preferred benefits tied to your value with us.
Business Owners & Executives
Managing wealth is like running a company - you need a strategy to manage assets and mitigate risks. We help clients through the entire process by leveraging some of the best resources, research, and investment management services in the industry.
Planning For The Unexpected
Events such as death, disability, or retirement of a business owner does not indicate the end of a successful business. Succession planning can provide for an orderly transition of ownership and business management during lifetime or at death. There are many opportunities for structuring and funding buy-sell agreements, key employee needs and other executive benefits programs.
Click Here To Learn More About Planning For The Unexpected
Transaction of a Lifetime
Creating and growing a successful business is not always just about money, nor is the decision to exit the business. That exit could be through an IPO, merger, private sale, or succession within the family. The process is intense, with complex details and decisions consisting of an unexpected combination of personal and financial needs. Morgan Stanley has been assisting business owners like you bring clarity and confidence to what is typically a once-in-a-lifetime event.
Click Here To Learn More About Exit Planning
Concentrated Stock and Options Analysis
Built for executives with significant wealth in stock and options of their company, the Concentrated Stock and Options Analysis provides various valuations of holdings as well as hypothetical diversification scenarios.
Click Here To Learn More About Tax-Smart Ways to Diversify Your Portfolio10b5-1 Trading Plans
As a corporate executive, you may be aware of material non-public information at any time and can also face company-imposed blackout periods restricting market access to trading your company stock. These issues can be addressed by utilizing a 10b5-1 Trading Plan, which can provide you with an affirmative defense against claims of insider trading. Your plan can include a tailored trading schedule that coordinates with your personal liquidity needs and your own timing requirements.
Click Here To Learn More About 10b5-1 Trading PlansImportant Research & Information Available To You
Morgan Stanley provides clients with resources meant to transform complex financial analysis and research into concise and easily digestible content. The links below offer insights into the modern market and economic landscape.
2024 Tax Tables
This document outlines the 2024 tax rate schedule, education and health savings account limits, retirement contribution and deduction limits, among other information.
View The 2024 Tax Tables
2025 Tax Tables
This document outlines the 2025 tax rate schedule, education and health savings account limits, retirement contribution and deduction limits, among other information.
View The 2025 Tax Tables
GIC Weekly Research Report
The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance and fixed income.
Click Here To Read The Latest GIC Weekly Research Report
On The Markets Monthly Research Report
Detailed market commentary from Morgan Stanley's thought leaders on topics such as global equities, fixed income, monetary policy and more.
Click Here To Read The Latest On The Markets Monthly Research Report
Research & Insights
Through timely, in-depth analysis of companies, industries, markets, and world economies, Morgan Stanley has earned its reputation as a leader in the field of investment research.
Click Here To View Morgan Stanley's Research & Insights
Global Investment Office (GIO) Insights
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.
Click Here To View The Latest Insights From Morgan Stanley's Global Investment Office (GIO)
Reserved Living & Giving
Reserved Living & Giving is a tiered complimentary loyalty program that rewards Morgan Stanley's most valued clients. Members can enjoy special discounts and timely insights to support them at home and beyond.
View Offers From Reserved Living & Giving
Thoughts on the Market Podcasts
With perspectives on the forces shaping the market, join Mike Wilson, Chief Investment Officer and Chief US Equity Strategist for Morgan Stanley, as he and his colleagues discuss a variety of viewpoints regarding the latest trends in the financial marketplace.
Click Here To View Morgan Stanley's Thoughts on the Markets PodcastsLocation
3500 Colonnade Parkway
Suite 200
Birmingham, AL 35243
US
Direct:
(205) 969-7032(205) 969-7032
Toll-Free:
(888) 873-9391(888) 873-9391
Meet The Summit Group
Gregory B Burchell, C(k)P
Senior Vice President, Wealth Management, Financial Advisor, Senior Investment Management Consultant, Corporate Retirement Director, Certified 401(k) Professional
Phone:
(205) 969-7040(205) 969-7040
Frank A Siegal, CFP®
First Vice President, Wealth Management, Financial Advisor, Senior Investment Management Consultant
Phone:
(205) 969-7017(205) 969-7017
Bethy Heath
Vice President, Financial Advisor, Corporate Retirement Director, Portfolio Manager, Financial Planning Specialist
Phone:
(205) 969-7050(205) 969-7050
Kimberly McQueen
Portfolio Associate
Phone:
(205) 969-7032(205) 969-7032
Laura Packer
Senior Registered Client Service Associate
Phone:
(205) 969-7060(205) 969-7060
Melissa Porco
Senior Registered Client Service Associate
Phone:
(205) 969-7062(205) 969-7062
About David S Heath
Executive Director
Portfolio Manager
Financial Advisor
As a graduate of the University of Alabama in 1996, David earned a Bachelor of Science Degree in Business from The Culverhouse College of Commerce and Business Administration. Upon graduation from The University of Alabama, David developed a new magazine dedicated to real estate development and investments on The Gulf Coast.
David joined Morgan Stanley as a Financial Advisor in 1999. He is an Executive Director of Wealth Management and is currently The Summit Group's Lead Portfolio Manager in charge of equity research and brings individual security ideas to our clients. His goal is to stay ahead of investment trends and uncover opportunities as they present themselves.
David and his wife Bethy have three children and live in Birmingham, Alabama.
Portfolio Manager
Financial Advisor
As a graduate of the University of Alabama in 1996, David earned a Bachelor of Science Degree in Business from The Culverhouse College of Commerce and Business Administration. Upon graduation from The University of Alabama, David developed a new magazine dedicated to real estate development and investments on The Gulf Coast.
David joined Morgan Stanley as a Financial Advisor in 1999. He is an Executive Director of Wealth Management and is currently The Summit Group's Lead Portfolio Manager in charge of equity research and brings individual security ideas to our clients. His goal is to stay ahead of investment trends and uncover opportunities as they present themselves.
David and his wife Bethy have three children and live in Birmingham, Alabama.
Securities Agent: AZ, KS, TN, NC, GA, NY, NM, MS, VA, TX, SC, OK, MI, CO, AR, NE, MT, MD, LA, IN, CT, FL, CA, AL, IA; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1398714
NMLS#: 1398714
About Gregory B Burchell
Certified 401(k) Professional
Senior Vice President, Wealth Management
Senior Investment Management Consultant
Senior Institutional Consultant
Corporate Retirement Director
Financial Advisor
As a graduate of the University of Alabama at Birmingham, Greg earned a Business Degree in Finance with a Concentration in Portfolio Management.
Greg has been with Morgan Stanley for over 2 decades and joined The Summit Group in 2001. His focus is on strategic asset allocation and comprehensive financial planning for both individual plans and corporate accounts. He is also a Registered Investment Advisor Representative and the Director of Participant Education for The Summit Group. Greg plays a vital role in the campaign to effectively educate employees, increasing their knowledge and awareness of the challenges faced in retirement planning, the benefits made available by the plan, as well as the importance and urgency of taking full advantage of those benefits. He plays a pivotal role in the client needs assessment and developing custom solutions for each unique situation.
Greg has two sons and lives in Birmingham, Alabama.
Disclaimers:
Asset allocation and diversification do not guarantee a profit or protect against a loss in a declining financial market.
Senior Vice President, Wealth Management
Senior Investment Management Consultant
Senior Institutional Consultant
Corporate Retirement Director
Financial Advisor
As a graduate of the University of Alabama at Birmingham, Greg earned a Business Degree in Finance with a Concentration in Portfolio Management.
Greg has been with Morgan Stanley for over 2 decades and joined The Summit Group in 2001. His focus is on strategic asset allocation and comprehensive financial planning for both individual plans and corporate accounts. He is also a Registered Investment Advisor Representative and the Director of Participant Education for The Summit Group. Greg plays a vital role in the campaign to effectively educate employees, increasing their knowledge and awareness of the challenges faced in retirement planning, the benefits made available by the plan, as well as the importance and urgency of taking full advantage of those benefits. He plays a pivotal role in the client needs assessment and developing custom solutions for each unique situation.
Greg has two sons and lives in Birmingham, Alabama.
Disclaimers:
Asset allocation and diversification do not guarantee a profit or protect against a loss in a declining financial market.
Securities Agent: IN, AZ, MT, AL, NM, MS, IA, FL, AR, CT, TX, OK, KS, GA, NE, NC, TN, MD, LA, NY, CO, CA, VA, SC, PA, MI; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1401592
NMLS#: 1401592
About Frank A Siegal
First Vice President, Wealth Management
Senior Investment Management Consultant
Financial Advisor
CERTIFIED FINANCIAL PLANNER™
Frank received his Bachelor of Science degree from the Culverhouse College of Commerce and Business Administration at the University of Alabama.
Following the successful sale of his family’s 62-year-old automotive parts distribution business where he served as Executive Vice President, Frank joined Morgan Stanley in 1986 where he is a Senior Investment Management Consultant and holds the designation of CERTIFIED FINANCIAL PLANNER™ for The Summit Group. As a senior team member, Frank is an integral part of our wealth planning team and lead team member in our endowment/foundation practice. He conducts discovery meetings with our wealth management clients and develops and presents wealth management plans (asset, liability and estate planning) and manages the follow up process, a vital component, for our clients. For our endowment/foundation clients, Frank leads our clients through the spending policy, asset allocation optimization process, investment policy, and investment strategy implementation. He conducts quarterly investment committee review meetings, provides trustee education, including current academic and practical asset allocation theory and spending policy options. He has served on boards and executive committees for a variety of non profit organizations for over 30 years.
Frank and his wife, Wendy live in Birmingham, Alabama and have three grown children.
Disclaimers:
Asset allocation and diversification do not guarantee a profit or protect against a loss in a declining financial market.
Senior Investment Management Consultant
Financial Advisor
CERTIFIED FINANCIAL PLANNER™
Frank received his Bachelor of Science degree from the Culverhouse College of Commerce and Business Administration at the University of Alabama.
Following the successful sale of his family’s 62-year-old automotive parts distribution business where he served as Executive Vice President, Frank joined Morgan Stanley in 1986 where he is a Senior Investment Management Consultant and holds the designation of CERTIFIED FINANCIAL PLANNER™ for The Summit Group. As a senior team member, Frank is an integral part of our wealth planning team and lead team member in our endowment/foundation practice. He conducts discovery meetings with our wealth management clients and develops and presents wealth management plans (asset, liability and estate planning) and manages the follow up process, a vital component, for our clients. For our endowment/foundation clients, Frank leads our clients through the spending policy, asset allocation optimization process, investment policy, and investment strategy implementation. He conducts quarterly investment committee review meetings, provides trustee education, including current academic and practical asset allocation theory and spending policy options. He has served on boards and executive committees for a variety of non profit organizations for over 30 years.
Frank and his wife, Wendy live in Birmingham, Alabama and have three grown children.
Disclaimers:
Asset allocation and diversification do not guarantee a profit or protect against a loss in a declining financial market.
Securities Agent: CA, IN, CO, NE, AL, TN, OK, NM, LA, NC, MS, KS, VA, FL, DC, MT, GA, MI, CT, AZ, SC, NY, MD, MA, AR, TX, IA; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1404464
NMLS#: 1404464
About Bethy Heath
Vice President, Wealth Management
Financial Advisor
Bethy received her Bachelor of Science degree from The Culverhouse College of Commerce and Business Administration at the University of Alabama in 1994 and began her career with Bellsouth Mobility. After working in the telecommunications industry for several years, she started a career with a start-up pharmacy benefits manager, where she was a multi-state manager. When the company was sold, Bethy left the workforce and started working as a stay-at-home mother for her three children.
Bethy has a passion for volunteerism and before working with Morgan Stanley has held many leadership board positions with organizations such as The Junior League of Birmingham, The American Heart Association, Riverchase Methodist Church, Spain Park High School and the Hoover Athletic Association. She currently serves on the board of the Big Oak Ranch Auxiliary.
Bethy joined Morgan Stanley in 2017 and is a member of The Summit Group. She enjoys working closely with her clients to develop comprehensive financial plans that are designed to provide them with a fluid roadmap to help achieve their financial goals.
Financial Advisor
Bethy received her Bachelor of Science degree from The Culverhouse College of Commerce and Business Administration at the University of Alabama in 1994 and began her career with Bellsouth Mobility. After working in the telecommunications industry for several years, she started a career with a start-up pharmacy benefits manager, where she was a multi-state manager. When the company was sold, Bethy left the workforce and started working as a stay-at-home mother for her three children.
Bethy has a passion for volunteerism and before working with Morgan Stanley has held many leadership board positions with organizations such as The Junior League of Birmingham, The American Heart Association, Riverchase Methodist Church, Spain Park High School and the Hoover Athletic Association. She currently serves on the board of the Big Oak Ranch Auxiliary.
Bethy joined Morgan Stanley in 2017 and is a member of The Summit Group. She enjoys working closely with her clients to develop comprehensive financial plans that are designed to provide them with a fluid roadmap to help achieve their financial goals.
Securities Agent: AZ, VA, NY, KS, NM, MD, IL, AR, MS, LA, CT, AL, NC, CO, SC, OK, IN, CA, NE, MT, MI, GA, FL, TN, IA, TX, MO; General Securities Representative; Investment Advisor Representative
NMLS#: 1794287
NMLS#: 1794287
About Laura Packer
Securities Agent: PA, VA, OK, NY, MD, AL; General Securities Representative; Investment Advisor Representative
Contact David S Heath
Contact Gregory B Burchell
Contact Frank A Siegal
Contact Bethy Heath
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
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Are You Prepared for Tax Day?
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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
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Retirement for Plan Sponsors
End-to-End Services, Made Simple:
We can provide the tools and guidance to help you manage a retirement plan.
We can provide the tools and guidance to help you manage a retirement plan.
- Plan Evaluation
- Investment Management
- Plan Management Support
- Plan Participant Education
State of the Workplace Study 2023
Article Image
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 Summit Group today.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
2Investors 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.
3Alternative 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.
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.
5Morgan 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.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8When 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.
9Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
10When 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 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
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
2Investors 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.
3Alternative 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.
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.
5Morgan 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.
6Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
7Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
8When 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.
9Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
10When 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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Awards Disclosures
CRC 6491812 (04/2024)
