Wayne E Traina
Senior Vice President, Wealth Management, Financial Advisor, Senior Portfolio Management Director
Phone:
(504) 582-2727(504) 582-2727
The Traina & McConnell Group at Morgan Stanley
Direct:
(225) 237-3100(225) 237-3100
Our Mission Statement
Helping clients envision, plan for, achieve, and enjoy a successful retirement
About Us
Welcome to the Traina & McConnell Group. With over (75) years of combined industry experience, our team is dedicated to a comprehensive process of planning for your financial future. Understanding everyone is unique, our advisors engage each client in the planning process to prepare, propose, and implement a detailed strategy that’s tailored to your needs and concerns. Whether you need income for retirement, concerned with preserving and passing along your wealth, or planning for a future liquidity event, our consultative approach is designed to create a roadmap to help you successfully achieve your goals.
By virtue of this holistic approach, we draw upon our experience and understanding to align each client with the appropriate investment opportunities, estate planning strategies, tax efficient strategies, and or generational wealth planning they may need. With the vast resources of Morgan Stanley, we collaborate our services with the industry leading tools available on our platform.
We enjoy getting to know each client and their families, their vision for the future and what’s important to them. We keep our client’s best interest in the fore front of all our recommendations and are privileged to serve as their dedicated advisor through life’s important milestones.
By virtue of this holistic approach, we draw upon our experience and understanding to align each client with the appropriate investment opportunities, estate planning strategies, tax efficient strategies, and or generational wealth planning they may need. With the vast resources of Morgan Stanley, we collaborate our services with the industry leading tools available on our platform.
We enjoy getting to know each client and their families, their vision for the future and what’s important to them. We keep our client’s best interest in the fore front of all our recommendations and are privileged to serve as their dedicated advisor through life’s important milestones.
Services Include
- Professional Portfolio ManagementFootnote1
- Retirement PlanningFootnote2
- Estate Planning StrategiesFootnote3
- 401(k) Rollovers
- Corporate Pension FundsFootnote4
- Corporate Retirement PlansFootnote5
- Business Succession PlanningFootnote6
- Cash Management and Lending ProductsFootnote7
- Life InsuranceFootnote8
- Long Term Care InsuranceFootnote9
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Creating Your Plan
In our opinion, in order to be truly effective, your plan must reflect the totality of your personal and financial life. Our role is to help ensure that your investment objectives are consistent with pressuring financial concerns and your long-term aspirations.
Step 1: Setting your financial objectives
Through a process of discovery and discussion, we will work with you to articulate your aims for your wealth. Together, we will examine your current and future liabilities, income sources and cash flow needs, and then consider factors that might influence your overall strategy, including tolerance for risk, tax concerns, liquidity needs and time horizon. Through careful analysis, the team will look for potential gaps that may exist between your goals, and work to develop sound strategies to help smooth the path.
Step 2: Creating your strategy
Working from our understanding of you and your objectives, we will propose a financial plan that contains specific strategies designed to help meet those goals. Our advice may encompass issues such as retirement planning, business continuation, tax minimization strategies and wealth transfer. You will also receive an asset allocation strategy designed to provide diversification for your portfolio.
Asset allocation and diversification do not guarantee a profit or protect against a loss in a declining financial market.
Asset allocation and diversification do not guarantee a profit or protect against a loss in a declining financial market.
Step 3: Implementing your strategy
After discussing and refining your strategy, we will work closely with you to bring the elements to life. Planning is a vital part of our process. Using tools to actively monitor your plans progress, helping to ensure you are on track to meet your financial goals and objectives. If you prefer to invest in individual securities, we can help identify specific stocks, bonds and other securities that may be appropriate for your portfolio. Whatever approach we decide on, the team will strive to keep your strategy on track.
Step 4: Reviewing objectives and performance
We view ongoing communication as the foundation of our successful collaboration with you. We will make every effort to stay aware of your changing financial needs and provide viable strategies to help you meet them. This means reviewing your portfolio together at your request when your circumstances change, we will work with you to revise your strategy and reposition your assets to reflect your new needs and goals.
WORKING WITH YOU
Our comprehensive process focuses on you, your family – where you are today and achieving your goals for the future. Through active listening and collaboration we can better understand your goals and financial picture to develop customized strategies intended to help you attain those goals.
1. Initial Discussion
We begin with discussion with you to develop an understanding of your personal, professional, and financial picture and learn about your family, finances, goals, and concerns. Should we conclude together to move forward, we request copies of financial statements and other important financial documents, so that we can review them and develop specific analysis for you.
Financially Successful Individuals & Families
We help clients make complicated decisions confidently. Drawing on deep experience, we tailor customized solutions to address your financial goals and tax circumstances. We work with you to address your most complex financial challenges and strive to preserve the wealth you worked so hard to create.
In conjunction with your tax advisors and estate planning counsel, our team works with specialized resources in our family office, wealth strategy, and philanthropy management teams.
In conjunction with your tax advisors and estate planning counsel, our team works with specialized resources in our family office, wealth strategy, and philanthropy management teams.
2. Analysis and Assessment
We utilize proprietary financial planning tools to meticulously analyze and assess your current financial situation and your goals. We then develop a customized Wealth Management Plan that is uniquely yours, aligning your objectives and priorities with your timeframes, risk level, and tax circumstances.
Multi-Generational Families
Our financial planning process for multi-generational families includes a rigorous analysis of your lifestyle spending, tax obligations, and future gifting plans. This analysis drives our strategy as it pertains to financial and estate planning for wealth preservation, tax optimization, investment allocation, and asset gifting decisions.
3. Wealth Management Plan Meeting
In this step, we meet with you to discuss your Wealth Management Plan in detail. Your Plan includes evaluating different scenarios, as well as discussing investment recommendations and additional financial planning strategies. These may include solutions to help manage risk, minimize taxes, and achieve your philanthropic or estate planning goals.
Retirees & Investors Planning for Retirement
Many clients would like to retire with confidence, others may choose to work past retirement age but want to maintain financial flexibility. Many clients want their Wealth Plan to ensure additional income for charitable contributions. Our objective is to design a customized plan that generates sustainable, inflation-adjusted, after-tax income to help achieve their personal goals.
4. Implementation
If we both conclude together that there is a strong basis for a client relationship and you confirm to proceed, we apply a disciplined process of implementing your plan. We will coordinate a smooth transition of any accounts to Morgan Stanley, execute the approved investment strategy, and coordinate any additional services identified in your Wealth Management Plan.
Corporate Executives
Corporate executives often have specific benefits, which require detailed analysis and planning. These may include grants of restricted stock, stock options, performance stock units, or supplement tax-deferred retirement plans. Our work often includes assisting clients evaluate tax-efficient alternatives to diversify concentrated stock and/or stock option positions and to integrate their executive benefits into their comprehensive Wealth Plan.
5. Ongoing Service and Care
We are committed to the premium service, which our clients deserve. We focus on developing a relationship that provides value to you and your family. We schedule regular calls and meetings to keep up-to-date on your situation and to review your in wealth plan and investments to help ensure your plan is on track towards achieving your goals.
Entrepreneurs & Business Owners
We work with business owners and entrepreneurs, helping them to create a comprehensive Wealth Plan based on their businesses and personal financial goals. This may include considerations of continuity of a business within a family or a planned eventual sale of the business.
Location
1100 Poydras St
Ste 1900
New Orleans, LA 70163
US
Direct:
(225) 237-3100(225) 237-3100
400 Convention St
Ste. 400
Baton Rouge, LA 70802
US
Direct:
(225) 237-3152(225) 237-3152
Meet The Traina & McConnell Group
Adam McConnell
Senior Vice President, Wealth Management, Financial Advisor, Portfolio Management Director
Phone:
(504) 585-3928(504) 585-3928
Jonathan Whitman, QPFC
Vice President, Wealth Management, Financial Advisor, Senior Portfolio Manager
Phone:
(225) 237-3118(225) 237-3118
Judy L. Calamusa
Portfolio Associate
Phone:
(504) 585-3936(504) 585-3936
Katie Bellelo
Senior Registered Client Service Associate
Phone:
(225) 237-3152(225) 237-3152
About Wayne E Traina
As an investment professional for over 30 years, Wayne E. Traina, has dedicated his career to working with retirees. Understanding the needs and concerns of retirees, he and his group develop comprehensive plans that help address the "Retirement Distribution" phase of life.
Wayne grew up in Frankfurt, Germany and graduated from the Frankfurt International School. He earned an International Baccalaureate Degree in German before graduating in 1987. He attended Loyola University in New Orleans and graduated with a Bachelors of Business Administration (B.B.A.) Degree. He entered the financial services industry straight out of college.
Wayne is married to his wife, Elizabeth, and is the father of five sons. Spending time with his family is his favorite pastime.
Senior Vice President-Wealth Management
Senior Portfolio Management Director
Financial Advisor
Bachelors of Business Administration (B.B.A.)
Loyola University, New Orleans
30 years industry experience
Financial Planning Specialist designation
Portfolio Management Institute - Member
Licenses:
Series 7- General Securities
Series 31- Managed Futures
Series 63- Uniform State Law Exam
Series 65- Uniform Investment Exam
Life, Health and Variable Annuities
NMLS# 1383875
Wayne grew up in Frankfurt, Germany and graduated from the Frankfurt International School. He earned an International Baccalaureate Degree in German before graduating in 1987. He attended Loyola University in New Orleans and graduated with a Bachelors of Business Administration (B.B.A.) Degree. He entered the financial services industry straight out of college.
Wayne is married to his wife, Elizabeth, and is the father of five sons. Spending time with his family is his favorite pastime.
Senior Vice President-Wealth Management
Senior Portfolio Management Director
Financial Advisor
Bachelors of Business Administration (B.B.A.)
Loyola University, New Orleans
30 years industry experience
Financial Planning Specialist designation
Portfolio Management Institute - Member
Licenses:
Series 7- General Securities
Series 31- Managed Futures
Series 63- Uniform State Law Exam
Series 65- Uniform Investment Exam
Life, Health and Variable Annuities
NMLS# 1383875
Securities Agent: WY, WV, WI, WA, VA, UT, TX, SC, PA, OR, OK, OH, NY, NV, NJ, NC, MS, MO, MN, MI, MD, MA, LA, KY, IL, ID, IA, GA, FL, DC, CT, CO, NM, CA, AZ, AR, AL, VT, TN; General Securities Representative; Investment Advisor Representative; Managed Futures
About Adam McConnell
Adam McConnell is a First Vice President, Financial Advisor, and has earned the title of Portfolio Management Director at Morgan Stanley. He began his career as a financial advisor in 2001 and joined Morgan Stanley in 2008.
Adam’s focus is and has been on developing trusting relationships with clients centered around their personal and financial needs. It has been his goal to help ensure the thorough understanding and continuing education of the investments a client utilizes in their investment approach. With an emphasis on financial planning, Adam has been providing retirement income planning services to clients since he began his career over 20 years ago.
Adam was born and raised in Mobile, AL. He attended the University of Alabama from 1990 – 1994 and graduated with a Bachelor of Arts and Sciences degree. He continued to expand his knowledge auditing business classes at the University of South Alabama in Mobile.
Adam is married to Lindsey, a native of Metairie. They met in college while at Alabama and have two sons. Adam and Lindsey enjoy traveling together. When not together, Adam is an avid golfer and loves to backpack the Rocky Mountains.
Adam’s focus is and has been on developing trusting relationships with clients centered around their personal and financial needs. It has been his goal to help ensure the thorough understanding and continuing education of the investments a client utilizes in their investment approach. With an emphasis on financial planning, Adam has been providing retirement income planning services to clients since he began his career over 20 years ago.
Adam was born and raised in Mobile, AL. He attended the University of Alabama from 1990 – 1994 and graduated with a Bachelor of Arts and Sciences degree. He continued to expand his knowledge auditing business classes at the University of South Alabama in Mobile.
Adam is married to Lindsey, a native of Metairie. They met in college while at Alabama and have two sons. Adam and Lindsey enjoy traveling together. When not together, Adam is an avid golfer and loves to backpack the Rocky Mountains.
Securities Agent: OH, AZ, TX, KY, IA, WI, NM, CO, VT, WV, MD, UT, IL, WA, OK, MN, CA, PA, OR, NY, MO, NJ, NC, MA, FL, IN, GA, AL, WY, SC, LA, DC, AR, ID, VA, TN, NV, MS; General Securities Representative; Investment Advisor Representative; Managed Futures
About Jonathan Whitman
Jonathan Whitman first came to Morgan Stanley in 2011. Prior to his entry into the financial services industry, Jonathan was a Soldier in the United States Army as well as the Louisiana Army National Guard. His service ended after almost 16 years on June 27th, 2015. Four years of his enlistment were spent in Afghanistan and Iraq as well as another eight months for Hurricane Katrina relief efforts.
Jonathan grew up in Ruston, Louisiana. Between Army deployments, he attended Louisiana Tech University, Louisiana State University, and ultimately Wilmington University in Delaware.
Jonathan, his wife Allison, and son Emmett live in the countryside of St. Francisville, LA and attend First Baptist Church in New Roads, LA. His family, projects around his property, and Emmett's baseball activities are the focus of his time off.
Senior Portfolio Manager
Vice President
Financial Advisor
Licenses:
Series 7- General Securities
Series 66- Uniform Combined State Law Exam
Life, Health and Variable Annuities
Jonathan grew up in Ruston, Louisiana. Between Army deployments, he attended Louisiana Tech University, Louisiana State University, and ultimately Wilmington University in Delaware.
Jonathan, his wife Allison, and son Emmett live in the countryside of St. Francisville, LA and attend First Baptist Church in New Roads, LA. His family, projects around his property, and Emmett's baseball activities are the focus of his time off.
Senior Portfolio Manager
Vice President
Financial Advisor
Licenses:
Series 7- General Securities
Series 66- Uniform Combined State Law Exam
Life, Health and Variable Annuities
Securities Agent: MA, TX, MS, VT, UT, NV, NM, KY, VA, LA, IL, TN, DC, WY, MD, KS, ID, AL, NY, MN, WV, WA, SC, PA, OR, OH, FL, AZ, GA, CO, CA, WI, OK, MI, IA, AR, NJ, NC, MO; General Securities Representative; Investment Advisor Representative
NMLS#: 1629333
NMLS#: 1629333
About Judy L. Calamusa
Judy L. Calamusa is a Senior Registered Associate with the Traina & McConnell Group at Morgan Stanley. She brings over 29 years of experience to the group and is an integral part of the day to day operations. Judy has held several management and operation roles at Morgan Stanley but her love for servicing clients ultimately brought her to our group. Judy prides herself on handling any client requests in an efficient and timely manner.
Judy is the proud mother of two sons and an even prouder grandmother of two grandsons. When she is not at work, she can be found spending time with her family.
29 years industry experience
Licenses:
Series 7- General Securities
Series 66- Combined State Exam
Series 9-Sales Supervisor - Options
Series 10- Sales Supervisor - General
Judy is the proud mother of two sons and an even prouder grandmother of two grandsons. When she is not at work, she can be found spending time with her family.
29 years industry experience
Licenses:
Series 7- General Securities
Series 66- Combined State Exam
Series 9-Sales Supervisor - Options
Series 10- Sales Supervisor - General
About Katie Bellelo
Katie Bellelo is our Senior Registered Client Service Associate on the Traina & McConnell team at Morgan Stanley. She has over 27 years of experience in the industry and is currently Series 7, 9, 10, 3 and 66 licensed. Prior to becoming a Senior Registered Client Service Associate, Katie held a position in management and was the Complex Risk Officer in Baton Rouge and Lafayette. Today, she plays an integral part on our team, leading the way with her personal client service and enhancing the client experience. She resides in Livonia with her husband, Robert, where in her free time, she enjoys traveling, fishing, volunteering her time by giving back to the children in her community and spends as much time as possible with her grandchildren.
Contact Wayne E Traina
Contact Adam McConnell
Contact Jonathan Whitman
Wealth Management
Global Investment Office
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Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
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
Tax-Smart Ways to Sell Securities
How investors can tap their portfolios in tax-savvy ways.
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
529 Plans: A Powerful Tool to Save for Education
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Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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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 Traina & McConnell Group today.
1Morgan 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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
5When 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.
6Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
7Morgan 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
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
5When 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.
6Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
7Morgan 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
8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
9Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
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
CRC 6491812 (04/2024)
