Tony Zhang
Managing Director, Private Wealth Management, Private Wealth Advisor, Senior Portfolio Management Director, Family Wealth Director, Alternative Investments Director, Founders Specialist
Phone:
(626) 584-3480(626) 584-3480
Morgan Stanley Private Wealth Management
The Tony Zhang Group
Direct:
(626) 449-1240(626) 449-1240
Our Mission Statement
Experience, intellectual capital and dedicated personal service to help you meet your life goals
Welcome to The Tony Zhang Group
The Tony Zhang Group serves ultra-high-net-worth families, founders, and business leaders with complex global financial lives.
Many of our clients have deep ties to both Asia and the United States and are navigating the challenges of cross-border wealth, business succession, and multi-generational legacy. We deliver highly customized solutions for families whose assets, opportunities, and obligations span jurisdictions and generations.
Our Approach
We combine the personalized service of a boutique advisory team with the global resources and institutional capabilities of Morgan Stanley.
Our team operates as a virtual family office, integrating investment management, wealth planning, tax and estate structuring, and liquidity-event planning into a cohesive advisory relationship. We work closely with clients and their professional advisors to ensure clarity, coordination, and disciplined execution across borders.
Investment & Planning
We design portfolios aligned with each client's objectives, risk profile, and liquidity needs, leveraging Morgan Stanley's global investment platform across public and private markets.
Our advisory work frequently includes:
- Pre and post-liquidity planning for founders
- Concentrated equity and 10b5-1 strategies
- Trust and estate planning for U.S. and non-U.S. persons
- Cross-border tax and asset structuring
- Philanthropic and legacy planning
Global Perspective
Fluent in English and Mandarin, and grounded in both Asian and U.S. business cultures, we serve as a strategic partner for globally mobile families navigating financial, legal, and generational complexity.
Our Commitment
Every family we serve is unique. Our role is to listen carefully, advise thoughtfully, and deliver with precision so our clients can focus on what matters most: building businesses, supporting family, and shaping lasting legacies.
We look forward to learning more about your goals and how we may serve you.
Recognition
The Tony Zhang Group has been recognized by:
- Forbes Best-In-State Wealth Advisors (2021–2025)
- Forbes America's Top Next-Gen Wealth Advisors (2022–2024)
- Forbes America's Top Next-Gen Wealth Advisors Best-In-State (2020, 2022-2024)
- Forbes Best-In-State Wealth Management Teams (2024–2026)
Disclosures
2021-2025 Forbes Best-In-State Wealth Advisors. Source: Forbes.com (Awarded 2021-2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2022-2024 Forbes America's Top Next-Gen Wealth Advisors. Source: Forbes.com (Awarded 2022-2024). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was issued.
2020, 2022-2024 Forbes America's Top Next-Gen Wealth Advisors Best-In-State. Source: Forbes.com (Awarded 2020, 2022-2024). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was issued.
2024-2026 Forbes Best-In-State Wealth Management Teams. Source: Forbes.com (Awarded 2024-2026). Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award.
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 300 teams specialized in assisting individuals and families with $20MM+ in investable assets
- Over $1.2 trillion in AUM
- Comprising 26% of the Barron’s Top 100 Financial Advisors list for 2025
- 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, September 2025
Source: Barron's (Awarded March 2025) This ranking was determined based on an evaluation process conducted by Barron's for the period Oct 2023-Sept 2024. Neither Morgan Stanley Smith Barney LLC nor its Financial Advisors or Private Wealth Advisors paid a fee to Barron's to obtain or use the ranking. This ranking is based on an algorithm that includes client retention, industry experience, review of compliance records, firm nominations, and quantitative criteria, including assets under management and revenue generated for their firms. Investment performance is not a criterion. Rankings are based on the assessment of Barron's and 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.
In the Press
Forbes Top Next-Gen Wealth Advisors (2020-2024)
2020-2024 Forbes America’s Top Next-Gen Wealth Advisors & Top Next-Gen Wealth Advisors Best-in-State (formerly referred to as Forbes America's Top Next-Gen Wealth Advisors, Forbes Top 1,000 Next-Gen Wealth Advisors, Forbes Top 500 Next Generation Wealth Advisors)
Source: Forbes.com (Awarded 2020-2024). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was issued.
Source: Forbes.com (Awarded 2020-2024). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was issued.
Forbes Best-In-State Wealth Management Teams (2024-2026)
2024-2026 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded 2024-2026). Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award.
Source: Forbes.com (Awarded 2024-2026). Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award.
Forbes Best-In-State Wealth Advisors (2021-2025)
2021-2025 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded 2021-2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Source: Forbes.com (Awarded 2021-2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Morgan Stanley Chairman's Club (2021)
The Firm's prestigious Chairman's Club is an elite group composed of the Firm's top Financial Advisors. The appointment recognizes Tony's consistent creativity and excellence in providing a wide range of investment products and wealth management services to his clients.
Morgan Stanley President's Club (2020, 2022-2024)
The Firm's President's Club is a distinguished recognition program that celebrates the exceptional achievements of our top financial advisors. Members of this elite group are recognized for their innovative strategies, commitment to client service, and adherence to the highest standards of professionalism and integrity.
Awards DisclosuresResources for Select Investors
You may have heard the urban legend that our loved ones die twice - once when they pass away and once when they are forgotten. It is up to us to promote the legacy of our ancestors when they are no longer here to do it themselves. Their hard work, love, and value to posterity is something that is worth reciprocating. In following their example, we not only trace their footsteps, but also blaze our own trail. Morgan Stanley offers a plethora of tools that can help solidify your family legacy - past, present, and future:
Estate & Gift Taxes
Understand the crucial implications and intricacies of estate and gift taxes, helping to ensure your assets are managed efficiently and your loved ones receive the maximum benefits.
Learn More
Generation Skipping Transfer Tax
Explore the unique considerations and implications of the Generation Skipping Transfer Tax.
Learn More
Private Markets
For every large public company there are roughly six large private companies. Historically, companies spent less time private, often relying on their IPO growth. Today, some of the most interesting growth stories are happening before companies go public quickly generating value.
Learn More About Private Markets
Grantor Retained Annuity Trust
A Grantor Retained Annuity Trust (GRAT) is an irrevocable trust where the grantor transfers property and retains the right to annuity payments over a term of years. A GRAT allows investors to move the appreciation in an asset to the next generation without using virtually any of their exemption amount.
Learn More
Family Office Resources
Reflecting on how the most successful families create and maintain enduring legacies across multiple generations, Morgan Stanley Family Office Resources (FOR) is structured to help clients define a guiding vision, and translate that vision into effective strategies.
Learn More About Family Office Resources
Art Resources Team
Your art collection may have substantial value. Art represents a growing component of many investors’ balance sheets but is often overlooked in the context of wealth management. ART at Morgan Stanley can help you address the unique considerations and implications of art as an asset.
Click Here to Access the ART NewsletterOur Clients
The Tony Zhang Group works with clients who have achieved levels of wealth that generate complex, multigenerational planning issues. We work intimately with them to develop a customized blueprint to help grow and preserve their assets. We often work with their attorneys, CPAs and other advisors to create effective trust and estate structures. We provide access to experts in estate planning, philanthropy management and a broad range of advisory services related to the affluent lifestyle. Our overall objective is not only to help our clients enhance and protect their wealth, but also to use that wealth to support the lives they want to live and secure the legacies they want to leave.
Many of our clients created their wealth as Entrepreneurs & Founders; other clients have had very successful corporate careers. They are smart, accomplished professionals who possess a sophisticated understanding of financial matters. As investors, they look to us for good ideas and flawless execution, frequently engaging us in detailed discussions around market dynamics and the sophisticated strategies that may be best suited to their objectives.
Many of our clients created their wealth as Entrepreneurs & Founders; other clients have had very successful corporate careers. They are smart, accomplished professionals who possess a sophisticated understanding of financial matters. As investors, they look to us for good ideas and flawless execution, frequently engaging us in detailed discussions around market dynamics and the sophisticated strategies that may be best suited to their objectives.
Corporate Executive Brochure
Morgan Stanley Private Wealth Management focuses on the personal financial needs of the world's most prominent corporate executives and their families. Learn more about our capabilities below.
View Brochure Here
Executive Financial Services
Morgan Stanley's Executive Financial Services team ("EFS") is a dedicated team that specializes in helping key corporate insiders effectively navigate the complex landscape of insider trading and reporting requirements.
Learn More about EFS
Private Equity Principals Brochure
Successful private equity careers tend to proceed in asymmetrical fashion. Substantial gain may follow considerable setbacks. Success itself tends to create concentration risks that may leave highly sophisticated investors in need of supplemental investment advice outside their areas of expertise.
Learn More Here
Get the State of Equity Plan Management 2024 Report
Gain insight into the current equity plan management landscape, including how companies are implementing, managing, and reimagining their equity plans.
View Report Here
Executive Roundtable Discussion: Liquidity Strategies for Venture-backed Companies
As prolonged uncertainty threatens to drive down private market valuations, increase shareholder liquidity pressure, and create more complex fundraising conditions, how can private companies respond?
View Webcast Here
Morgan Stanley Equity Solutions
Equity is more than shares. It’s a commitment to your employees. That’s why we design equity compensation solutions that can grow alongside your business and people at any stage. With tailored solutions, modern technology, hands-on guidance and dedicated service, we help you effectively administer equity while managing risk and compliance on a global scale.
View More Here
Alternative Strategies Brochure
Alternative strategies, such as those focused on hedge funds, private capital and real assets, have long been appealing as a potential source of higher yields, lower volatility and returns uncorrelated with stocks and bonds. Learn about the benefits of investing in alternatives and how Morgan Stanley is a leader in this industry.
Learn More Here
Pre-IPO Planning Placemat
Whether you intend to fully liquidate your holdings or maintain exposure, we can help you create strategies based on their objectives.
Learn MoreLocation
55 South Lake Ave
Ste 700
Pasadena, CA 91101
US
Direct:
(626) 449-1240(626) 449-1240
Meet The Tony Zhang Group
Annie Yu
Assistant Vice President, Wealth Management Associate
Phone:
(626) 524-8995(626) 524-8995
Ashley Ji
Registered Client Service Associate
Phone:
(626) 584-3453(626) 584-3453
About Tony Zhang
Tony Zhang is a Managing Director, Private Wealth Advisor, and Founders Specialist in Morgan Stanley’s Private Wealth Management division. He advises ultra-high-net-worth families, founders, and entrepreneurs on complex cross-border wealth management and family office solutions, with a particular focus on clients with ties to the U.S. and Greater China.
Tony and his team deliver a virtual family office experience, specializing in customized global investment strategies, pre-liquidity and liquidity-event planning, trust and estate structuring, and multi-generational wealth transfer. Their approach is designed to help clients manage complexity, preserve capital, and build enduring legacies across generations.
Fluent in English and Mandarin, Tony brings deep cross-cultural perspective to his work and serves as a strategic bridge for globally mobile families navigating international business, legal, and generational considerations. He is also a member of Morgan Stanley’s International Wealth Management (IWM) Advisory Council, representing the Greater China region, where he serves as a culture ambassador and contributes to business development, growth strategy, and product-solution initiatives.
Tony has been recognized by Forbes as a Best-In-State Wealth Advisor (2021–2025) and a Top Next-Gen Wealth Advisor in America (2020–2024).
Born and raised in China, Tony came to the United States to earn his MBA from the University of Southern California. He remains actively involved with USC and serves on the Board of Governors of the USC Alumni Association. Together with his wife, Tony established the Tony and Shirley Zhang Family Endowed Scholarship Fund at USC.
Disclosures:
2021-2025 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded 2021-2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2020-2024 Forbes America’s Top Next-Gen Wealth Advisors & Top Next-Gen Wealth Advisors Best-in-State (formerly referred to as Forbes America's Top Next-Gen Wealth Advisors, Forbes Top 1,000 Next-Gen Wealth Advisors, Forbes Top 500 Next Generation Wealth Advisors)
Source: Forbes.com (Awarded 2020-2024). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was issued.
Tony and his team deliver a virtual family office experience, specializing in customized global investment strategies, pre-liquidity and liquidity-event planning, trust and estate structuring, and multi-generational wealth transfer. Their approach is designed to help clients manage complexity, preserve capital, and build enduring legacies across generations.
Fluent in English and Mandarin, Tony brings deep cross-cultural perspective to his work and serves as a strategic bridge for globally mobile families navigating international business, legal, and generational considerations. He is also a member of Morgan Stanley’s International Wealth Management (IWM) Advisory Council, representing the Greater China region, where he serves as a culture ambassador and contributes to business development, growth strategy, and product-solution initiatives.
Tony has been recognized by Forbes as a Best-In-State Wealth Advisor (2021–2025) and a Top Next-Gen Wealth Advisor in America (2020–2024).
Born and raised in China, Tony came to the United States to earn his MBA from the University of Southern California. He remains actively involved with USC and serves on the Board of Governors of the USC Alumni Association. Together with his wife, Tony established the Tony and Shirley Zhang Family Endowed Scholarship Fund at USC.
Disclosures:
2021-2025 Forbes Best-In-State Wealth Advisors
Source: Forbes.com (Awarded 2021-2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2020-2024 Forbes America’s Top Next-Gen Wealth Advisors & Top Next-Gen Wealth Advisors Best-in-State (formerly referred to as Forbes America's Top Next-Gen Wealth Advisors, Forbes Top 1,000 Next-Gen Wealth Advisors, Forbes Top 500 Next Generation Wealth Advisors)
Source: Forbes.com (Awarded 2020-2024). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was issued.
Securities Agent: MD, PA, CO, CA, VI, TX, MA, FL, DE, VA, NY, SD, WA, NJ, DC, NV, MI, HI, AK, NC; General Securities Representative; Investment Advisor Representative
NMLS#: 1275669
CA Insurance License #: 0M76595
NMLS#: 1275669
CA Insurance License #: 0M76595
About Annie Yu
Annie Yu brings over three decades of wealth management industry experience to the service of the team’s clients. Working to deliver an outstanding overall experience, Annie enhances client relationships by proactively resolving issues and responding promptly and professionally to requests. Her strong work ethic, extensive knowledge and experience working with international clients are of great value in addressing the complex needs of the team’s highly affluent overseas clients.
Annie began her career as a registered client associate at Prudential Securities. She moved on to Wells Fargo Securities, joined Morgan Stanley in 2008 and became a member of the Tony Zhang Group (PWM) in 2021. Annie graduated from the University of Southern California with a degree in finance. She speaks fluent Mandarin, Cantonese, and English.
At leisure, Annie enjoys cooking and Chinese Opera singing.
Annie began her career as a registered client associate at Prudential Securities. She moved on to Wells Fargo Securities, joined Morgan Stanley in 2008 and became a member of the Tony Zhang Group (PWM) in 2021. Annie graduated from the University of Southern California with a degree in finance. She speaks fluent Mandarin, Cantonese, and English.
At leisure, Annie enjoys cooking and Chinese Opera singing.
About Ashley Ji
Aiming to address each client’s specific needs, Ashley Ji provides client and operational support in account opening and maintenance, market and investment research, and administrative tasks. Ashley also works with Tony to manage the team’s branding and marketing efforts. She helps with the team’s online and offline marketing strategies. She is dedicated to enhancing the overall client experience.
In addition to being fluent in Mandarin and English, Ashley is a proud double Trojan that holds an MS in Finance and a BA in Political Science from University of Southern California. In her free time, Ashley enjoys traveling and spending time with family and friends (and her friends’ cats). She has started practicing Pilates recently.
In addition to being fluent in Mandarin and English, Ashley is a proud double Trojan that holds an MS in Finance and a BA in Political Science from University of Southern California. In her free time, Ashley enjoys traveling and spending time with family and friends (and her friends’ cats). She has started practicing Pilates recently.
Contact Tony Zhang
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
Peter Barash
Private Banker
Cris Vega, CFP®
Financial Planning Director, Vice President
About Peter Barash
Peter Barash is a Private Banker serving Morgan Stanley Wealth Management offices in California.
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.
Peter began his career in financial services in 1984, and joined Morgan Stanley in 2010 as a Private Banker. Prior to joining the firm, he was a Private Banking Specialist at U.S. Bank.
Peter is a graduate of Columbia University, where he received a Bachelor of Arts in Economics and Comparative Literature. He holds an MBA from the University of Southern California. He lives in Glendale, California with his family. Outside of the office, Peter enjoys, hiking, playing bass guitar and reading.
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.
Peter began his career in financial services in 1984, and joined Morgan Stanley in 2010 as a Private Banker. Prior to joining the firm, he was a Private Banking Specialist at U.S. Bank.
Peter is a graduate of Columbia University, where he received a Bachelor of Arts in Economics and Comparative Literature. He holds an MBA from the University of Southern California. He lives in Glendale, California with his family. Outside of the office, Peter enjoys, hiking, playing bass guitar and reading.
NMLS#: 799189
About Cris Vega
Cris Vega is a Vice President and Financial Planning Director serving Morgan Stanley’s Wealth Management offices in Pasadena and surrounding branches in the Los Angeles, Riverside and San Bernardino counties. He is responsible for helping Financial Advisors with their clients' and prospects' financial planning needs.
Cris began his career in financial services in 2004 and joined Morgan Stanley in 2022. Prior to his current position Cris served high-net-worth clients at MissionSquare Retirement for over 13 years. Cris also has worked at Merrill Lynch and Banc of America Securities.
Cris Vega graduated from California State University of Fullerton and earned his Master of Arts in Economics. Cris also has earned his MBA from California State University of Los Angeles. His Bachelor of Science in Finance was earned at California State University of Long Beach. Cris holds his Certified Financial Planner® designation. Cris lives in Hacienda Heights, CA with his wife and daughters. Outside of work, Cris manages his daughter’s soccer team and holds a soccer coaching license. Cris is also a part time instructor of economics at CSU Fullerton.
Cris began his career in financial services in 2004 and joined Morgan Stanley in 2022. Prior to his current position Cris served high-net-worth clients at MissionSquare Retirement for over 13 years. Cris also has worked at Merrill Lynch and Banc of America Securities.
Cris Vega graduated from California State University of Fullerton and earned his Master of Arts in Economics. Cris also has earned his MBA from California State University of Los Angeles. His Bachelor of Science in Finance was earned at California State University of Long Beach. Cris holds his Certified Financial Planner® designation. Cris lives in Hacienda Heights, CA with his wife and daughters. Outside of work, Cris manages his daughter’s soccer team and holds a soccer coaching license. Cris is also a part time instructor of economics at CSU Fullerton.
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Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC.
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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.
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.
Wealth Management
Global Investment Office
Portfolio Insights
Managing Significant Wealth
- Investment Management
- Wealth Transfer & Philanthropy
- Cash Management & Lending
- Family Governance & Wealth Education
- Lifestyle Advisory
- Business Services
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.
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
LISTEN | Passion Assets: Investing in Art
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We look forward to discussing your needs and goals, and the exceptional resources we can place at your disposal.
1Morgan Stanley Smith Barney LLC and its affiliates and their employees (including Financial Advisors and Private Wealth Advisors) are not in the business of providing tax or legal advice. These materials and any statements contained herein should not be construed as tax or legal advice. Individuals should consult their personal tax advisor or attorney for matters involving taxation and tax planning and their attorney for matters involving personal trusts and estate planning.
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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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
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
3Borrowing against securities may not be appropriate for everyone. You should be aware that there are risks associated with a securities based loan, including possible maintenance calls on short notice, and that market conditions can magnify any potential for loss. For details please see the important disclosures below.
Securities based loans are provided by Morgan Stanley Smith Barney LLC, Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A, as applicable.
Important Risk Information for Securities Based Lending: You need to understand that: (1) Sufficient collateral must be maintained to support your loan(s) and to take future advances; (2) You may have to deposit additional cash or eligible securities on short notice; (3) Some or all of your securities may be sold without prior notice in order to maintain account equity at required maintenance levels. You will not be entitled to choose the securities that will be sold. These actions may interrupt your long-term investment strategy and may result in adverse tax consequences or in additional fees being assessed; (4) Morgan Stanley Bank, N.A., Morgan Stanley Private Bank, National Association or Morgan Stanley Smith Barney LLC (collectively referred to as “Morgan Stanley”) reserves the right not to fund any advance request due to insufficient collateral or for any other reason except for any portion of a securities based loan that is identified as a committed facility; (5) Morgan Stanley reserves the right to increase your collateral maintenance requirements at any time without notice; and (6) Morgan Stanley reserves the right to call securities based loans at any time and for any reason.
With the exception of a margin loan, the proceeds from securities based loan products may not be used to purchase, trade, or carry margin stock (or securities, with respect to Express CreditLine); repay margin debt that was used to purchase, trade or carry margin stock (or securities, with respect to Express CreditLine); and cannot be deposited into a Morgan Stanley Smith Barney LLC or other brokerage account.
To be eligible for a securities based loan, a client must have a brokerage account at Morgan Stanley Smith Barney LLC that contains eligible securities, which shall serve as collateral for the securities based loan.
4Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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)
